Build Promise Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 47,600 | 11,885 | 35,715 | 36.1 | — |
| 2020 | 170,950 | 15,643 | 155,307 | 146.5 | — |
| 2021 | 1,299,699 | 23,665 | 1,276,034 | 750.0 | 0% |
| 2022 | 978,961 | 168,232 | 810,729 | 166.2 | 65% |
| 2023 | 1,843,627 | 287,930 | 1,555,697 | 161.3 | 59% |
In its most recent public year (2023), this organization brought in $1,555,697 more than it spent. Its reserves stood at about 161.3 months of spending, up from 36.1 in 2019. Staff pay was 59% of spending. $3,224,517 of its net assets are donor-restricted.
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 2023. 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
Build Promise Inc's IRS filings as a feed — one entry per filing year, through 2023. 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