P โ€” Human ServicesEIN: 464906213ยท Ruling Year: 2014

Family Promise Of South Sarasota County Inc

Venice, Florida

B+Health Score
71B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$1.1M
Total Revenue
๐Ÿ“Š
$925K
Total Expenses
๐Ÿฆ
$3.0M
Net Assets
๐Ÿ“‹
$1.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-44.4%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+14.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.19
Net assets divided by total expenses
Liabilities-to-Assets
26.5%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$1,087,161โ†“44%$925,197โ†‘9%$4,018,783โ†‘1%
2022$1,955,596โ†‘11%$848,549โ†‘33%$3,966,835โ†‘109%
2021$1,767,716โ†‘135%$636,313โ†‘25%$1,901,616โ†‘135%
2020$752,884โ†‘109%$507,267โ†‘25%$807,753โ†‘58%
2019$360,744โ†‘2%$404,336โ†‘35%$511,645โ†“8%
2018$352,917โ†‘31%$298,565โ†‘71%$554,213โ†‘12%
2017$270,005โ†‘96%$174,527โ†‘16%$496,102โ†‘24%
2016$137,671โ†“45%$149,906โ†‘115%$399,034โ†“3%
2015$249,214โ†‘852%$69,865โ†‘2410%$411,322โ†‘1324%
2014$26,174$2,783$28,891

Frequently Asked Questions

What does Family Promise Of South Sarasota County Inc do?โ–ผ

Family Promise Of South Sarasota County Inc is a human services nonprofit organization based in Florida. It is classified under NTEE code P20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Family Promise Of South Sarasota County Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Family Promise Of South Sarasota County Inc has a score of 71/100 (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 Family Promise Of South Sarasota County Inc generate?โ–ผ

Family Promise Of South Sarasota County Inc reports $2.5M in annual revenue and holds $5.3M in total assets, based on IRS filings.

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Family Promise Of South Sarasota County Inc โ€” Venice, FL | GiveScope