THE PROMISE LAND FOUNDATION INC

EIN: 611577948 501(c)(3) Human Services

Miami, FL

Total Revenue
$12,536
Total Expenses
$11,967
Total Assets
N/A
Net Assets
N/A
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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
2017
Phone
7864878552
Tax Period
2024-01-01 to 2024-12-31

THE PROMISE LAND FOUNDATION INC, founded in 2017, is a micro nonprofit in the Human Services sector that reported $13K in total revenue in fiscal year 2024. Expenses of $12K left a modest 5% surplus.

Mission

This organization helps the poor and needy

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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 (2024)

Revenue Breakdown

Contributions & Grants $12,536
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $12,536

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $11,967
TOTAL EXPENSES $11,967

Year-over-Year Comparison

2024 2023 Change
Revenue $12,536 $12,536 N/A
Expenses $11,967 $19,143 -0.4%
Net Income $569 $-6,607 -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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NALDA HERRERA PRESIDENT 0
$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 $12,536 $11,967 No data $569
2023 $12,536 $19,143 No data $-6,607
2021 $3,478 $5,238 No data $-1,760
2019 $1,020 $1,005 $15 $15
2018 $1,380 $1,380 No data No data
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