Promises of Hope Foundation (EIN 061778685) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

Deneen Bullard

Phone

3057205632

Tax Period

2025-01-01 to 2025-12-31

Promises of Hope Foundation, founded in 2006, is a small nonprofit in the Human Services sector that reported $797K in total revenue in fiscal year 2025. Revenue surged 27% from the prior year, signaling strong growth momentum.

Mission

Promises of Hope Foundation assists people with disabilities to find and maintain employment through services and training provided by the organization.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $797,010

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $797,010

Expense Breakdown

Grants Paid $0

Salaries & Benefits $473,947

Fundraising Expenses $0

Program Expenses $0

Other Expenses $323,063

TOTAL EXPENSES $797,010

Year-over-Year Comparison

	2025	2024	Change
Revenue	$797,010	$627,042	+0.3%
Expenses	$797,010	$627,042	+0.3%
Net Income	$0	$0	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

121

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$105,547

Total Directors

$82,000

Key Employees

$149,847

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Deneen Bullard	President Program Director	80.00	Officer Director Key Emp Highest	$82,000	$0	$82,000
Tammie Grant	Executive Administrator	40.00	Key Emp	$44,300	$0	$44,300
Phillip Cruz Rodriguez	President Board Member	20.00	Officer Key Emp	$12,120	$0	$12,120
Jorge Antonio Barriere	Secretary Board Member	20.00	Officer Key Emp	$11,427	$0	$11,427
Edward Bullard	Board Member	20.00	Key Emp	$0	$0	$0
Altha Baker	Board Member	20.00	Key Emp	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$797,010	$797,010	No data	No data
2024	$627,042	$627,042	No data	No data
2023	No data	No data	No data	No data
2022	$411,576	$411,576	No data	No data
2021	$215,248	$235,248	No data	$-20,000

Promises of Hope Foundation