Promising Futures Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,194,457 | 2,250,556 | −56,099 | 2.4 | 53% |
| 2012 | 2,231,082 | 2,217,873 | 13,209 | 2.5 | 54% |
| 2013 | 2,318,551 | 2,251,743 | 66,808 | 3.1 | 54% |
| 2014 | 2,361,086 | 2,346,900 | 14,186 | 3.0 | 55% |
| 2015 | 2,401,729 | 2,435,209 | −33,480 | 2.8 | 54% |
| 2016 | 2,502,726 | 2,437,961 | 64,765 | 3.1 | 55% |
| 2017 | 2,517,734 | 2,470,788 | 46,946 | 3.3 | 58% |
| 2018 | 2,613,189 | 2,662,844 | −49,655 | 2.8 | 57% |
| 2019 | 2,677,232 | 2,722,642 | −45,410 | 2.5 | 59% |
| 2020 | 2,993,830 | 2,552,482 | 441,348 | 4.8 | 60% |
| 2021 | 2,807,990 | 2,695,364 | 112,626 | 5.0 | 60% |
| 2022 | 2,926,136 | 2,970,739 | −44,603 | 4.4 | 58% |
| 2023 | 3,983,512 | 3,192,422 | 791,090 | 6.9 | 58% |
In its most recent public year (2023), this organization brought in $791,090 more than it spent. Its reserves stood at about 6.9 months of spending, up from 2.4 in 2011. Staff pay was 58% of spending.
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
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