PROMISE LAND PRESCHOOLS (EIN 800883042) - 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

2013

Legal Domicile

Phone

4083829859

Tax Period

2020-01-01 to 2020-12-31

PROMISE LAND PRESCHOOLS, founded in 2013, is a micro nonprofit that reported $34K in total revenue in fiscal year 2020. Revenue fell 79% from the prior year — a significant decline worth monitoring. Expenses of $40K exceeded revenue, resulting in a 17% operating deficit.

Mission

TO PROVIDE A SAFE AND LOVING ENVIRONMENT WHERE CHILDREN LEARN THROUGH PLAY AND DEVELOPMENTALLY APPROPRIATE EDUCATIONAL CURRICULUM.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $38,236

Investment Income $-4,302

Other Revenue $0

TOTAL REVENUE $33,934

Expense Breakdown

Grants Paid $0

Salaries & Benefits $15,832

Fundraising Expenses $0

Program Expenses $21,891

Other Expenses $23,839

TOTAL EXPENSES $39,671

Year-over-Year Comparison

	2020	2019	Change
Revenue	$33,934	$165,166	-0.8%
Expenses	$39,671	$167,616	-0.8%
Net Income	$-5,737	$-2,450	+1.3%

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
ROSE BRUMFIELD	President & CEO	40.00	Officer Director	$0	$0	$0
BRENDA COSTA	Director	4.00	Officer Director	$0	$0	$0
MARIANNE ANTUZZI	Director	1.00	Officer	$0	$0	$0
MIKE BRUMFIELD	Treasurer	4.00	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
2020	$33,934	$39,671	No data	$-5,737
2019	$165,166	$167,616	$22,076	$-2,450
2018	$265,377	$280,725	$29,353	$-15,348

PROMISE LAND PRESCHOOLS