PROMISELAND PRESCHOOL INC (EIN 260388539) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

Leah Jackson

Phone

9729327796

Tax Period

2024-09-01 to 2025-08-31

PROMISELAND PRESCHOOL INC, founded in 2007, is a community nonprofit in the Human Services sector that reported $2.1M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

OUR MISSION IS TO TRANSFORM KAUFMAN COUNTY FOR CHRIST BY NURTURING THE HEART, MIND, AND SOUL OF THE CHILDREN WE SERVE, AS WE LEAD THEM TO KNOW THEY ARE LOVED AND VALUED BY GOD. PROMISELAND FULFILLS THIS MISSION BY PROVIDING A SPIRITUAL AND EDUCATIONAL FOUNDATION THROUGH A QUALITY PRESCHOOL AND AFTERSCHOOL PROGRAM THAT FOSTERS AGE-APPROPRIATE DEVELOPMENT AND LEARNING.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $99,681

Program Service Revenue $2,009,623

Investment Income $37,114

Other Revenue $400

TOTAL REVENUE $2,146,818

Expense Breakdown

Grants Paid $19,724

Salaries & Benefits $1,380,262

Fundraising Expenses $0

Program Expenses $1,906,925

Other Expenses $855,510

TOTAL EXPENSES $2,255,496

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,146,818	$1,954,878	+0.1%
Expenses	$2,255,496	$2,221,755	+0.0%
Net Income	$-108,678	$-266,877	-0.6%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$73,616

Total Directors

$73,616

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMY KEITH	BOARD PRESIDENT	2.00	Officer Director	$0	$0	$0
AMY MCAFEE	VICE CHAIR	2.00	Officer Director	$0	$0	$0
AMBER DOTSON	TREASURER	2.00	Officer Director	$0	$0	$0
MAKAYLA HUFF	BOARD SECRETARY	2.00	Officer Director	$0	$0	$0
ERIC SMENNER	BOARD DIRECTOR	2.00	Director	$0	$0	$0
CLAUDIA BRICKER	BOARD DIRECTOR	2.00	Director	$0	$0	$0
MICHELE YATES	BOARD DIRECTOR	2.00	Director	$0	$0	$0
LEAH JACKSON	EXECUTIVE DIRECTOR	40.00	Officer Director	$73,616	$0	$73,616

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	$2,146,818	$2,255,496	$492,903	$-108,678
2024	$1,954,878	$2,221,755	$634,312	$-266,877
2023	$2,638,538	$2,226,233	$840,004	$412,305
2022	$1,726,618	$1,657,165	$455,106	$69,453
2021	$1,906,633	$1,546,143	$365,574	$360,490
2020	$1,173,703	$1,486,274	$130,637	$-312,571
2019	$1,439,266	$1,488,651	$279,181	$-49,385
2018	$1,259,754	$1,278,395	$399,001	$-18,641

PROMISELAND PRESCHOOL INC