Kalamazoo Promise
Kalamazoo, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 2 peers in Education with <$100K revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
10 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $28,103,665↑19% | $24,234,111↑15% | $11,120,656↑53% | — |
| 2022 | $23,596,440↓3% | $21,154,541↑8% | $7,251,327↑51% | — |
| 2021 | $24,375,896↑57% | $19,676,576↑1% | $4,809,288↑4299% | — |
| 2020 | $15,572,348↓29% | $19,407,351↑6% | $109,338↓97% | — |
| 2019 | $22,029,850↑70% | $18,327,089↑43% | $3,944,488↑1617% | — |
| 2015 | $12,955,095↑11% | $12,783,558↑9% | $229,761↑297% | — |
| 2014 | $11,660,000↑11% | $11,716,117↑11% | $57,902↓49% | — |
| 2013 | $10,549,416↑7% | $10,583,675↑9% | $114,237↓23% | — |
| 2012 | $9,830,000↑13% | $9,738,235↑12% | $147,991↑134% | — |
| 2011 | $8,715,000 | $8,723,387 | $63,253 | — |
Frequently Asked Questions
What does Kalamazoo Promise do?▼
Kalamazoo Promise is a education nonprofit organization based in Michigan. It is classified under NTEE code B82 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Kalamazoo Promise financially healthy?▼
Based on our 9-metric Financial Health Score model, Kalamazoo Promise has a score of 69/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Kalamazoo Promise generate?▼
Revenue data for Kalamazoo Promise is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.