LIBERTY'S PROMISE

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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

2003

Legal Domicile

Principal Officer

ROBERT PONICHTERA

Phone

7035499950

Tax Period

2023-01-01 to 2023-12-31

LIBERTY'S PROMISE, founded in 2003, is a community nonprofit in the Human Services sector that reported $1.2M in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year.

Mission

LIBERTY'S PROMISE SUPPORTS YOUNG IMMIGRANTS IN NEED WHILE ENCOURAGING THEM TO BE ACTIVE AND CONSCIENTIOUS AMERICAN CITIZENS. THE ORGANIZATION'S PROGRAMS AIM TO MAKE THE IMMIGRANT EXPERIENCE AN AFFIRMATIVE ONE FOR YOUNG NEWCOMERS WHILE INSTILLING IN THEM A SENSE OF PRIDE AND SUPPORT FOR AMERICAN IDEALS OF DEMOCRACY AND FREEDOM. BY DOING SO, LIBERTY'S PROMISE SEEKS TO REAFFIRM THIS COUNTRY'S FUNDAMENTAL EGALITARIAN AND DEMOCRATIC TRADITIONS FOR FUTURE GENERATIONS.

Program Service Accomplishments

Program 1

Expenses: $956,545

THE ORGANIZATION COLLABORATES WITH GOVERNMENT AGENCIES, BUSINESSES AND NON-PROFIT ORGANIZATIONS TO OFFER EIGHT-WEEK INTERNSHIPS FOR LOW- INCOME,IMMIGRANT YOUTH, PROMOTES ACTIVE COMMUNITY INVOLVEMENT THROUGH AFTER-SCHOOL PROGRAMS OF CIVIC ENGAGEMENT, AND PROVIDES LONG-TERM MENTORING SO THAT YOUTH STAY IN HIGH SCHOOL, AND GO ON TO HIGHER EDUCATION AND A SUCCESSFUL CAREER.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,160,638

Program Service Revenue $0

Investment Income $2,098

Other Revenue $3,062

TOTAL REVENUE $1,165,798

Expense Breakdown

Grants Paid $0

Salaries & Benefits $842,681

Fundraising Expenses $54,875

Program Expenses $956,545

Other Expenses $338,118

TOTAL EXPENSES $1,180,799

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,165,798	$1,299,410	-0.1%
Expenses	$1,180,799	$1,198,745	0.0%
Net Income	$-15,001	$100,665	-1.1%

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

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

$89,167

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT PONICHTERA	EXECUTIVE DI	40.00	Officer	$89,167	$0	$89,167
ADRIEL HENRIQUEZ BAIRES	TREASURER	1.00	Officer Director	$0	$0	$0
SERGIO CURRO	SECRETARY	1.00	Officer Director	$0	$0	$0
LOUISA COAN GREVE	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
KRISTA HENDRY	BOARD MEMBER	1.00	Director	$0	$0	$0
GREG MCLEAN	BOARD MEMBER	1.00	Director	$0	$0	$0
RODGER POTOCKI	BOARD MEMBER	1.00	Director	$0	$0	$0
JEN WILK	FORMER SECRE	1.00	Officer Director	$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
2024	No data	No data	No data	No data
2023	$1,165,798	$1,180,799	$1,113,480	$-15,001
2022	$1,299,410	$1,198,745	$1,164,458	$100,665
2021	$1,306,264	$1,003,224	$1,235,221	$303,040
2020	$915,377	$844,084	$807,207	$71,293
2019	$998,467	$912,853	$454,885	$85,614
2018	$896,267	$913,177	$444,618	$-16,910