MICAH'S PROMISE INC (EIN 823172349) - 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

BOBBI STARR

Phone

7062896484

Tax Period

2023-01-01 to 2023-12-31

MICAH'S PROMISE INC, founded in 2017, is a community nonprofit in the Crime & Legal sector that reported $1.2M in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Expenses of $1.1M left a modest 11% surplus.

Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE AN ENVIRONMENT FOR TRANSFORMATIONAL LIFE-CHANGE TO SURVIVORS OF DOMESTIC MINOR SEX TRAFFICKING ("DMST") AND BUILD A SUPPORTIVE COMMUNITY FOR REINTEGRATION.

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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 $1,155,577

Program Service Revenue $0

Investment Income $29,923

Other Revenue $35,185

TOTAL REVENUE $1,220,685

Expense Breakdown

Grants Paid $0

Salaries & Benefits $646,704

Fundraising Expenses $48,911

Program Expenses $973,874

Other Expenses $445,685

TOTAL EXPENSES $1,092,389

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,220,685	$1,379,623	-0.1%
Expenses	$1,092,389	$256,762	+3.3%
Net Income	$128,296	$1,122,861	-0.9%

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

$135,583

Total Directors

$135,583

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BOBBI STARR	EXECUTIVE DIRECTOR	40.00	Officer Director	$76,288	$0	$76,288
JONATHAN PAYNE	TREASURER	5.00	Officer Director	$0	$0	$0
NANCY SHEEK	DIRECTOR	1.00	Director	$0	$0	$0
LANDY CARTLEDGE	SECRETARY	40.00	Officer Director	$59,295	$0	$59,295
CHRISTY HUBBARD	CHAIR	5.00	Officer Director	$0	$0	$0
ARDEN CHENEY	DIRECTOR	1.00	Director	$0	$0	$0
TEDDIE USSERY	VICE CHAIR	5.00	Officer Director	$0	$0	$0
JESSICA HARBUCK	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER CARLSON	DIRECTOR	1.00	Director	$0	$0	$0
TOM MILLER	DIRECTOR	1.00	Director	$0	$0	$0
NICK DEJONG	DIRECTOR	1.00	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	$1,220,685	$1,092,389	$4,930,391	$128,296
2022	$1,379,623	$256,762	$4,952,404	$1,122,861
2021	$2,242,914	$177,439	$3,648,466	$2,065,475
2020	$319,520	$156,829	$1,582,999	$162,691
2019	$884,554	$148,715	$1,419,486	$735,839
2018	$737,101	$55,628	$686,295	$681,473

MICAH'S PROMISE INC