FUTUREPROMISE (EIN 822920266) - 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

2017

Legal Domicile

Principal Officer

LINTONIA A WYCHE

Phone

5132218700

Tax Period

2020-07-01 to 2021-06-30

FUTUREPROMISE, founded in 2017, is a small nonprofit that reported $883K in total revenue in fiscal year 2020. Revenue surged 70% from the prior year, signaling strong growth momentum. Expenses of $854K left a modest 3% surplus.

Mission

THE MISSION OF FUTUREPROMISE IS TO SERVE ADOLESCENT MALES IN CARING, ACCEPTING AND SAFE ENVIRONMENT. USING A MENTOR-BASED MODELED PROGRAM, OUR GOAL IS TO LEAD OUR YOUNG MEN INTO ADULTHOOD BY PROVIDING THEM WITH POSITIVE ROLE MODELS WITHIN THE HOME, COACHING THEM TO BECOME HEALTHY AND PRODUCTIVE INDIVIDUALS THAT WILL MAKE A POSITIVE IMPACT IN THE COMMUNITY.

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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 $883,424

Investment Income $0

Other Revenue $0

TOTAL REVENUE $883,424

Expense Breakdown

Grants Paid $0

Salaries & Benefits $647,712

Fundraising Expenses $0

Program Expenses $707,719

Other Expenses $205,927

TOTAL EXPENSES $853,639

Year-over-Year Comparison

	2020	2019	Change
Revenue	$883,424	$520,614	+0.7%
Expenses	$853,639	$354,304	+1.4%
Net Income	$29,785	$166,310	-0.8%

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

Total Directors

$51,478

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LINTONIA A WYCHE	VICE PRESIDE	40.00	Director	$51,478	$0	$51,478
TRACEY L JONES	DIRECTOR	N/A	Director	$0	$0	$0
TIAHMO KENDALL	DIRECTOR	N/A	Director	$0	$0	$0
ALENA SMITH	DIRECTOR	N/A	Director	$0	$0	$0
RABELAN STEPHENS	PRESIDENT	N/A	Director	$0	$0	$0
LISA WILSON	DIRECTOR	N/A	Director	$0	$0	$0
DAMIA WYCHE	TREASURER	N/A	Director	$0	$0	$0
KATRINA J WYCHE	SECRETARY	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
2021	$883,424	$853,639	$185,051	$29,785
2020	$520,614	$354,304	$158,034	$166,310

FUTUREPROMISE