Promised Learning Center LTD (EIN 562161697) - 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

1999

Legal Domicile

Principal Officer

Bettie HopkinsHilliard

Phone

2528257111

Tax Period

2024-01-01 to 2024-12-31

Promised Learning Center LTD, founded in 1999, is a small nonprofit in the Human Services sector that reported $417K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $401K left a modest 4% surplus.

Mission

To provide child care that enhances cognitive social creative motor skills of each child while parents are at work or in schoole full time

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $416,877

Investment Income $2

Other Revenue $0

TOTAL REVENUE $416,879

Expense Breakdown

Grants Paid $0

Salaries & Benefits $267,810

Fundraising Expenses $0

Program Expenses $336,686

Other Expenses $132,900

TOTAL EXPENSES $400,710

Year-over-Year Comparison

	2024	2023	Change
Revenue	$416,879	$364,701	+0.1%
Expenses	$400,710	$353,169	+0.1%
Net Income	$16,169	$11,532	+0.4%

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

N/A

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BETTIE HOPKINS-HILLIARD	President	0.00	Officer	$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	$416,879	$400,710	$71,048	$16,169
2023	$364,701	$353,169	$56,822	$11,532
2022	$401,404	$392,859	$61,741	$8,545
2021	$306,763	$257,730	$44,651	$49,033
2020	$237,403	$252,749	$12,420	$-15,346

Promised Learning Center LTD