Family Promise Of Lower Bucks
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 79,936 | 12,554 | 67,382 | 85.4 | — |
| 2015 | 45,186 | 17,088 | 28,098 | 82.4 | — |
| 2016 | 63,352 | 100,782 | −37,430 | 9.5 | — |
| 2017 | 35,536 | 51,898 | −16,362 | 14.0 | — |
| 2018 | 52,344 | 54,379 | −2,035 | 12.9 | — |
| 2019 | 71,567 | 96,636 | −25,069 | 4.2 | — |
| 2020 | 114,312 | 98,242 | 16,070 | 6.1 | — |
In its most recent public year (2020), this organization brought in $16,070 more than it spent. Its reserves stood at about 6.1 months of spending, down from 85.4 in 2014.
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
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