PROMISE CONNECT (EIN 812848785) - 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

MANAL TAWFIK

Phone

6262418171

Tax Period

2024-01-01 to 2024-12-31

PROMISE CONNECT, founded in 2016, is a micro nonprofit in the Religion sector that reported $42K in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $22K, a strong 54% operating margin.

Mission

COMMUNICATE GOD'S WORD'S THROUGH WORSHIP/MUSIC ACTIVITIES WITH THE ARABIC CONGREGATION AROUND THE WORLD, BY TRIPS AND MEDIA PRODUCTION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $39,661

Program Service Revenue $1,907

Investment Income $0

Other Revenue $0

TOTAL REVENUE $41,568

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $19,136

Other Expenses $19,136

TOTAL EXPENSES $19,136

Year-over-Year Comparison

	2024	2023	Change
Revenue	$41,568	$30,810	+0.3%
Expenses	$19,136	$36,453	-0.5%
Net Income	$22,432	$-5,643	-5.0%

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

N/A

Independent Members

N/A

Employees

N/A

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	Role	Reportable Comp	Other Comp	Total
RAGAA Z ISKAROUS	BOARD MEMBER	Director	$0	$0	$0
RAMEZ SAMUEL	BOARD MEMBER	Director	$0	$0	$0
SHRIF TAWFIK	BOARD MEMBER	Director	$0	$0	$0
NABIL HANNA	BOARD MEMBER	Director	$0	$0	$0
MANAL TAWFIK	CEO	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
2024	$41,568	$19,136	$51,365	$22,432
2023	$30,810	$36,453	$28,933	$-5,643
2022	$9,078	$9,511	$34,576	$-433
2021	$31,962	$36,031	$35,009	$-4,069
2020	$8,215	$5,898	$39,079	$2,317

PROMISE CONNECT