TOMORROW'S PROMISE INC (EIN 760626653) - 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

2000

Legal Domicile

Principal Officer

KAYE BOEHNING

Phone

9362956300

Tax Period

2023-01-01 to 2023-12-31

TOMORROW'S PROMISE INC, founded in 2000, is a community nonprofit in the Education sector that reported $3.1M in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Expenses of $2.7M left a modest 12% surplus.

Mission

EDUCATION

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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 (2023)

Revenue Breakdown

Contributions & Grants $843,073

Program Service Revenue $2,268,066

Investment Income $150

Other Revenue $0

TOTAL REVENUE $3,111,289

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,345,305

Fundraising Expenses $101,635

Program Expenses $1,986,637

Other Expenses $1,394,768

TOTAL EXPENSES $2,740,073

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,111,289	$3,652,518	-0.1%
Expenses	$2,740,073	$2,721,248	+0.0%
Net Income	$371,216	$931,270	-0.6%

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

102

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
ROBIN BAILOR	DIRECTOR	N/A	Director	$0	$0	$0
KAYE BOEHNING	DIRECTOR	N/A	Director	$0	$0	$0
RICHARD BOEHNING	DIRECTOR	N/A	Director	$0	$0	$0
DUANE FRECH	DIRECTOR	N/A	Director	$0	$0	$0
BETSE JOHNS	DIRECTOR	N/A	Director	$0	$0	$0
HARRY JOHNS	DIRECTOR	N/A	Director	$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	No data	No data	No data	No data
2023	$3,111,289	$2,740,073	$2,465,226	$371,216
2022	$3,652,518	$2,721,248	$1,765,054	$931,270
2021	$1,729,382	$1,601,920	$1,022,137	$127,462
2020	$1,109,802	$1,092,590	$484,459	$17,212
2018	$1,028,413	$937,326	$364,607	$91,087

TOMORROW'S PROMISE INC