Promise686 Inc

EIN: 270427930 501(c)(3) Human Services

Peachtree Corners, GA

Total Revenue
$4,002,315
Total Expenses
$4,000,752
Total Assets
$2,056,480
Net Assets
$1,538,505
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
GA
Principal Officer
Andrew Cook
Phone
7702746560
Tax Period
2023-01-01 to 2023-12-31

Promise686 Inc, founded in 2009, is a community nonprofit in the Human Services sector that reported $4.0M in total revenue in fiscal year 2023. Revenue surged 58% from the prior year, signaling strong growth momentum.

Mission

Promise686 is a nonprofit organization that mobilizes church communities to care for vulnerable children, working to fulfill Gods promise to set the lonely in families (Ps 68:6)

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,859,202
Program Service Revenue $226,595
Investment Income $23,271
Other Revenue $-106,753
TOTAL REVENUE $4,002,315

Expense Breakdown

Grants Paid $289,893
Salaries & Benefits $2,949,229
Fundraising Expenses $629,703
Program Expenses $3,046,317
Other Expenses $756,595
TOTAL EXPENSES $4,000,752

Year-over-Year Comparison

2023 2022 Change
Revenue $4,002,315 $2,536,239 +0.6%
Expenses $4,000,752 $2,665,994 +0.5%
Net Income $1,563 $-129,755 -1.0%
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

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Governance

Voting Members
10
Independent Members
10
Employees
40
Volunteers
18161

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
3
$247,109
Total Directors
10
$247,109
Key Employees
4
$553,442
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tim Rider Chairman 2.00
Officer Director
$0 $0 $0
Keith Style Vice Chairman 2.00
Officer Director
$0 $0 $0
Andrew Cook President and CEO 40.00
Officer Director
$222,969 $24,140 $247,109
Patrick Moody Secretary 2.00
Director
$0 $0 $0
Lawrence Overbey Board Member 2.00
Director
$0 $0 $0
Jim Allen Board Member 2.00
Director
$0 $0 $0
Matthew Cathy Board Member 2.00
Director
$0 $0 $0
Brett Lane Board Member 2.00
Director
$0 $0 $0
Jody McNatt Board Member 2.00
Director
$0 $0 $0
Leonce Crump Board Member 2.00
Director
$0 $0 $0
John Flores Employee 40.00
Key Emp
$166,806 $9,709 $176,515
Ty Bryant Employee 40.00
Key Emp
$141,202 $12,958 $154,160
Jeremy Doublestein Employee 40.00
Key Emp
$116,515 $0 $116,515
Patrick Neff Employee 40.00
Key Emp
$104,387 $1,865 $106,252
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 $4,002,315 $4,000,752 $2,056,480 $1,563
2022 $2,536,239 $2,665,994 $2,065,741 $-129,755
2021 $2,361,672 $1,968,555 $1,753,525 $393,117
2020 $1,670,610 $1,655,329 $1,375,714 $15,281
2019 $2,105,021 $1,288,500 $1,337,018 $816,521
2018 $1,199,159 $1,222,444 $542,835 $-23,285
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