Rockford Promise
Rockford, Illinois
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
7 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,437,043↑31% | $1,061,682↑93% | $3,507,697↑66% | |
| 2022 | $1,866,293↑431% | $549,216↑49% | $2,107,240↑164% | — |
| 2021 | $351,252↓3% | $368,341↑93% | $797,851 | — |
| 2020 | $362,895↓10% | $190,915↑18% | $799,986↑27% | — |
| 2019 | $401,984↑24% | $162,019↑188% | $628,006↑62% | — |
| 2018 | $323,376↑315% | $56,165↑204% | $388,041↑221% | — |
| 2017 | $78,007 | $18,478 | $120,830 | — |
Frequently Asked Questions
What does Rockford Promise do?▼
Rockford Promise is a education nonprofit organization based in Illinois. It is classified under NTEE code B82 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Rockford Promise financially healthy?▼
Based on our 9-metric Financial Health Score model, Rockford Promise has a score of 83/100 (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 Rockford Promise generate?▼
Rockford Promise reports $4.6M in annual revenue and holds $8.2M in total assets, based on IRS filings.