Promise Youth Development Inc (EIN 811096615) - 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

2016

Legal Domicile

Principal Officer

Tesha Boyd

Phone

7047508118

Tax Period

2025-01-01 to 2025-12-31

Promise Youth Development Inc, founded in 2016, is a small nonprofit in the Youth Development sector that reported $353K in total revenue in fiscal year 2025. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $340K left a modest 4% surplus.

Mission

Help underserved youth in East Charlotte develop optimal health through educationresiliencefocused mentoringeducationantiviolence programs

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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 (2025)

Revenue Breakdown

Contributions & Grants $349,147

Program Service Revenue $2,129

Investment Income $17

Other Revenue $1,269

TOTAL REVENUE $352,562

Expense Breakdown

Grants Paid $0

Salaries & Benefits $192,888

Fundraising Expenses $0

Program Expenses $215,262

Other Expenses $147,064

TOTAL EXPENSES $339,952

Year-over-Year Comparison

	2025	2024	Change
Revenue	$352,562	$284,845	+0.2%
Expenses	$339,952	$265,606	+0.3%
Net Income	$12,610	$19,239	-0.3%

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

Employees

Volunteers

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

$82,885

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TESHA BOYD	Executive Director	60.00	Officer	$82,885	$0	$82,885
ANITA BYRUM	Board Chair	3.00	Officer Director	$0	$0	$0
ANDREW BOYD	Vice Chair	3.00	Officer Director	$0	$0	$0
JAMES MOORE	Board Member	3.00	Director	$0	$0	$0
STAPHANE JOYNER	Board Member	3.00	Director	$0	$0	$0
YOLONDRA COCHRAN	Secretary	3.00	Officer	$0	$0	$0
ERICA WILLIAMS	Treasurer	3.00	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
2025	$352,562	$339,952	$176,631	$12,610
2024	$284,845	$265,606	$124,372	$19,239
2023	$209,535	$183,854	$104,893	$25,681

Promise Youth Development Inc