PROMISED LAND LIVING

EIN: 832419117 501(c)(3) Religion

RALEIGH, NC

Total Revenue
$282,487
Total Expenses
$271,906
Total Assets
$261,245
Net Assets
$258,825
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
NC
Principal Officer
CHERYL SCANLAN
Phone
9197491800
Tax Period
2025-01-01 to 2025-12-31

PROMISED LAND LIVING, founded in 2018, is a small nonprofit in the Religion sector that reported $282K in total revenue in fiscal year 2025. Expenses of $272K left a modest 4% surplus.

Mission

PROMISED LAND LIVING SERVES TO HELP CHRISTIANS ACHIEVE ABUNDANT LIVES, BREAKTHROUGH PERSONAL TRANSFORMATION AND VISIBLE GROWTH THAT IS SUSTAINABLE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $272,293
Program Service Revenue $4,227
Investment Income $5,437
Other Revenue $530
TOTAL REVENUE $282,487

Expense Breakdown

Grants Paid $940
Salaries & Benefits $138,936
Fundraising Expenses $19,579
Program Expenses $221,280
Other Expenses $126,345
TOTAL EXPENSES $271,906

Year-over-Year Comparison

2025 2024 Change
Revenue $282,487 $283,214 0.0%
Expenses $271,906 $192,572 +0.4%
Net Income $10,581 $90,642 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
6
Employees
5
Volunteers
28

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
6
$42,000
Total Directors
8
$42,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHERYL SCANLAN EXECUTIVE DI 15.00
Officer Director
$42,000 $0 $42,000
ELIZABETH MCCARTY PRESIDENT 2.88
Officer Director
$0 $0 $0
JENNIFER GROTE VICE PRESIDE 1.34
Officer Director
$0 $0 $0
WERNER JACOBSEN TREASURER(TH 1.02
Officer Director
$0 $0 $0
MARTIN LOMBRANO TREASURER(BE 1.38
Officer Director
$0 $0 $0
LASHANDA HUNTER SECRETARY 1.06
Officer Director
$0 $0 $0
CATHY LEE DIRECTOR 0.77
Director
$0 $0 $0
MARC OTTESTAD DIRECTOR 0.77
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
2025 $282,487 $271,906 $261,245 $10,581
2024 $283,214 $192,572 $233,395 $90,642
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare PROMISED LAND LIVING with other nonprofits in North Carolina and across the country.