O — Youth DevelopmentEIN: 223843132· Ruling Year: 2002

Bergens Promise Inc

Hackensack, New Jersey

A-Health Score
79A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

💰
$20.7M
Total Revenue
📊
$16.0M
Total Expenses
🏦
$14.9M
Net Assets
📋
$7.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+12.1%
Year-over-year change (2022 → 2023)
Net Margin
+22.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.93
Net assets divided by total expenses
Liabilities-to-Assets
33.2%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$20,714,731↑12%$15,965,704↑20%$22,308,309↑83%
2022$18,480,644↑30%$13,300,560↑12%$12,213,554↑81%
2021$14,251,992↑18%$11,846,565↑6%$6,748,894↑69%
2020$12,059,191↑16%$11,215,674↑20%$3,991,012↑41%
2019$10,415,164↑13%$9,382,243↑8%$2,831,831↑55%
2018$9,243,938↑19%$8,653,893↑1%$1,821,320↑20%
2017$7,760,094↑5%$8,573,658↑10%$1,523,995↓23%
2016$7,386,136↑15%$7,760,850↑36%$1,967,380↑9%
2015$6,419,902↑37%$5,693,933↑26%$1,811,979↑46%
2014$4,696,203↑18%$4,529,533↑14%$1,240,652↑1%
2013$3,970,277↑24%$3,972,707↑32%$1,231,150↑54%
2012$3,201,805$3,009,549$797,311

Frequently Asked Questions

What does Bergens Promise Inc do?▼

Bergens Promise Inc is a youth development nonprofit organization based in New Jersey. It is classified under NTEE code O53 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Bergens Promise Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Bergens Promise Inc has a score of 79/100 (Grade: A-). 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 Bergens Promise Inc generate?▼

Bergens Promise Inc reports $23.6M in annual revenue and holds $25.8M in total assets, based on IRS filings.

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