Promises inc (EIN 731479670) - 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

1995

Legal Domicile

Principal Officer

Darnell Rex

Tax Period

2018-01-01 to 2018-12-31

Promises inc, founded in 1995, is a small nonprofit in the Health Care sector that reported $250K in total revenue in fiscal year 2018. Revenue fell 25% from the prior year — a significant decline worth monitoring.

Mission

To provide medical, mental health and social services including prevention, intervention and treatment of substance abuse, communicable diseases, unwanted pregnancies without regard to race, sex, color, political or religious beliefs or disability

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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 (2018)

Revenue Breakdown

Contributions & Grants $249,901

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $249,901

Expense Breakdown

Grants Paid $0

Salaries & Benefits $51,010

Fundraising Expenses $0

Program Expenses $247,957

Other Expenses $193,008

TOTAL EXPENSES $248,314

Year-over-Year Comparison

	2018	2017	Change
Revenue	$249,901	$333,060	-0.2%
Expenses	$248,314	$321,378	-0.2%
Net Income	$1,587	$11,682	-0.9%

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

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

$52,114

Total Directors

Key Employees

$11,785

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Darnell Rex	President	40.00	Officer Highest	$36,033	$4,296	$40,329
Susan Rex	Secretary	40.00	Officer Key Emp	$11,785	$0	$11,785

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
2018	$249,901	$248,314	$2,448	$1,587

Promises inc