PROMISE HOMES AND SERVICES INC

EIN: 611613611 501(c)(3) Housing & Shelter

REDDING, CA

Total Revenue
$430,300
Total Expenses
$436,300
Total Assets
$31,497
Net Assets
$31,497
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
CA
Principal Officer
JEFF RISHEL
Tax Period
2023-01-01 to 2023-12-31

PROMISE HOMES AND SERVICES INC, founded in 2010, is a small nonprofit in the Housing & Shelter sector that reported $430K in total revenue in fiscal year 2023.

Mission

SUPPORTIVE & TRANSITIONAL HOUSING FOR THE HOMELESS OR AT RISK OF HOMELESS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $430,300
Investment Income $0
Other Revenue $0
TOTAL REVENUE $430,300

Expense Breakdown

Grants Paid $0
Salaries & Benefits $123,986
Fundraising Expenses $0
Program Expenses $436,300
Other Expenses $312,314
TOTAL EXPENSES $436,300

Year-over-Year Comparison

2023 2022 Change
Revenue $430,300 $410,944 +0.0%
Expenses $436,300 $410,226 +0.1%
Net Income $-6,000 $718 -9.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
2
Employees
N/A
Volunteers
1

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
2
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF RESHEL DIRECTOR 40
Director
$0 $0 $0
JIM PADILLA BOARD MEMBER 1
Officer
$0 $0 $0
BRIAUNA RED BOARD MEMBER 1
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
2023 $430,300 $436,300 $31,497 $-6,000
2022 $410,944 $410,226 $37,497 $718
2021 $400,958 $402,790 $36,779 $-1,832
2020 $428,693 $416,498 $38,611 $12,195
2019 $468,960 $470,671 $26,416 $-1,711
2018 $465,210 $462,946 $28,127 $2,264
Explore More Nonprofits
→Top 100 Nonprofits in California →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare PROMISE HOMES AND SERVICES INC with other nonprofits in California and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.