Promotion And Advancement Of Local Opportunities
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 140,000 | 124,563 | 15,437 | 1.5 | — |
| 2020 | 6,500 | 4,531 | 1,969 | 46.1 | — |
In its most recent public year (2020), this organization brought in $1,969 more than it spent. Its reserves stood at about 46.1 months of spending, up from 1.5 in 2019.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2020. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Promotion And Advancement Of Local Opportunities's IRS filings as a feed — one entry per filing year, through 2020. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works