OYouth 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$20,714,73112%$15,965,70420%$22,308,30983%
2022$18,480,64430%$13,300,56012%$12,213,55481%
2021$14,251,99218%$11,846,5656%$6,748,89469%
2020$12,059,19116%$11,215,67420%$3,991,01241%
2019$10,415,16413%$9,382,2438%$2,831,83155%
2018$9,243,93819%$8,653,8931%$1,821,32020%
2017$7,760,0945%$8,573,65810%$1,523,99523%
2016$7,386,13615%$7,760,85036%$1,967,3809%
2015$6,419,90237%$5,693,93326%$1,811,97946%
2014$4,696,20318%$4,529,53314%$1,240,6521%
2013$3,970,27724%$3,972,70732%$1,231,15054%
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 $21.2M in annual revenue and holds $24.8M in total assets, based on IRS filings.

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