Proem Support Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 760,478 | 732,104 | 28,374 | 3.5 | 11% |
| 2012 | 843,730 | 810,701 | 33,029 | 3.7 | 11% |
| 2013 | 586,355 | 673,352 | −86,997 | 2.9 | 10% |
| 2014 | 1,136,986 | 731,353 | 405,633 | 9.3 | 12% |
| 2015 | 1,038,052 | 1,368,413 | −330,361 | 2.1 | 3% |
| 2016 | 1,341,886 | 2,196,508 | −854,622 | -3.4 | 3% |
| 2017 | 1,497,626 | 1,210,332 | 287,294 | -3.3 | 7% |
| 2018 | 3,494,411 | 3,217,974 | 276,437 | -0.2 | 3% |
| 2019 | 1,334,241 | 1,826,877 | −492,636 | -3.6 | 5% |
| 2020 | 1,845,579 | 1,668,061 | 177,518 | -2.7 | 6% |
| 2021 | 2,659,855 | 2,285,966 | 373,889 | 0.0 | 6% |
| 2022 | 8,361,890 | 5,532,683 | 2,829,207 | 6.1 | 2% |
| 2023 | 1,936,602 | 2,248,722 | −312,120 | 13.4 | 7% |
In its most recent public year (2023), this organization spent $312,120 more than it brought in. Its reserves stood at about 13.4 months of spending, up from 3.5 in 2011. Staff pay was 7% of spending. $2,216,357 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
Proem Support Ministries 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