CONCORD, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)AMERICAN PROMISE INC, founded in 2015, is a community nonprofit in the Community Improvement sector that reported $4.1M in total revenue in fiscal year 2023. Revenue surged 247% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.5M, a strong 61% operating margin.
TO EMPOWER, INSPIRE AND ORGANIZE AMERICANS TO WIN THE 28TH AMENDMENT TO THE CONSTITUTION.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $4,128,137 | $1,191,379 | +2.5% |
| Expenses | $1,599,776 | $1,138,916 | +0.4% |
| Net Income | $2,528,361 | $52,463 | +47.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JEFF CLEMENTS | CEO AND BOARD MEMBER | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN WASS | BOARD CHAIR & TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DEBRA WINGER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LEILA BLODGETT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN ESLER | FORMER BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JIM RUBENS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRISTIAN NOLEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ALEXANDER RENARD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| WILLIAM CORTESE | FORMER EXECUTIVE DIRECTOR | 16.00 |
Officer
|
$29,744 | $0 | $73,624 |
| BRIAN BOYLE | EXECUTIVE DIRECTOR | 12.00 |
Officer
|
$34,255 | $17,111 | $129,792 |
| RANDI FEINBERG | CHIEF OPERATING OFFICER | 15.00 |
Officer
|
$38,308 | $8,808 | $112,709 |
| ELIZABETH HARVEY | DIRECTOR OF DEVELOPMENT | 16.00 |
Highest
|
$58,817 | $0 | $151,200 |
| JERALD HALLIGAN | DIGITAL DIRECTOR | 20.00 |
Highest
|
$64,204 | $0 | $127,061 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $4,128,137 | $1,599,776 | $3,497,514 | $2,528,361 |
| 2022 | $1,191,379 | $1,138,916 | $869,583 | $52,463 |
| 2021 | $872,520 | $723,084 | $917,638 | $149,436 |
| 2020 | $955,381 | $396,683 | $653,922 | $558,698 |
| 2019 | $347,272 | $459,593 | $396,599 | $-112,321 |
| 2018 | $593,600 | $382,295 | $553,079 | $211,305 |
Compare AMERICAN PROMISE INC with other nonprofits in Massachusetts and across the country.