Promise International (EIN 832589062) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

DANIEL TULIBAGENYI

Phone

3345313286

Tax Period

2024-01-01 to 2024-12-31

Promise International, founded in 2018, is a small nonprofit in the Religion sector that reported $271K in total revenue in fiscal year 2024. Revenue surged 71% from the prior year, signaling strong growth momentum. The organization ran a surplus of $114K, a strong 42% operating margin.

Mission

THE ORGANIZATION SERVES INDIVIDUALS WITH SPECIAL NEEDS AND THEIR FAMILIES LIVING IN POVERTY BY PROVIDING ESSENTIAL PRACTICAL SOLUTIONS TO THEIR SPIRITUAL, PHYSICAL, EMOTIONAL, AND SOCIAL NEEDS.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $229,101

Program Service Revenue $0

Investment Income $286

Other Revenue $41,270

TOTAL REVENUE $270,657

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,000

Fundraising Expenses $0

Program Expenses $150,437

Other Expenses $143,366

TOTAL EXPENSES $156,366

Year-over-Year Comparison

	2024	2023	Change
Revenue	$270,657	$157,996	+0.7%
Expenses	$156,366	$148,206	+0.1%
Net Income	$114,291	$9,790	+10.7%

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

Governance

Voting Members

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

$13,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL TULIBAGENYI	FOUNDER	20.00	Director	$13,000	$0	$13,000
RICHARD KING	President	1.00	Officer	$0	$0	$0
RYAN DAUGHERTY	Vice President	1.00	Officer	$0	$0	$0
GAY LYNNE BITTLE	Secretary	1.00	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
2024	$270,657	$156,366	$215,560	$114,291

Promise International