La Promesa Foundation
Midland, Texas
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $5,740,567↑8% | $5,333,972↑6% | $6,946,547↑6% | |
| 2022 | $5,314,206↑5% | $5,054,959↑14% | $6,532,260↑4% | — |
| 2021 | $5,059,198↑4% | $4,444,461↑3% | $6,255,131 | — |
| 2020 | $4,870,253↓13% | $4,320,207↓4% | $6,278,014↑1% | — |
| 2019 | $5,609,565↑18% | $4,488,045 | $6,196,755↑13% | — |
| 2018 | $4,750,207↑5% | $4,493,667↓8% | $5,475,965↓2% | — |
| 2017 | $4,522,011↑6% | $4,876,054 | $5,567,392↓16% | — |
| 2016 | $4,255,957↑4% | $4,875,096↑26% | $6,606,230↑3% | — |
| 2015 | $4,076,795↓7% | $3,862,849↑11% | $6,402,665↓3% | — |
| 2014 | $4,370,724↑4% | $3,491,195↑9% | $6,578,849↑7% | — |
| 2013 | $4,206,589↓3% | $3,214,686↑10% | $6,144,203↑28% | — |
| 2012 | $4,324,005↑18% | $2,932,373↑6% | $4,810,098↑29% | — |
| 2011 | $3,660,903 | $2,764,113 | $3,724,126 | — |
Frequently Asked Questions
What does La Promesa Foundation do?▼
La Promesa Foundation is a religion-related nonprofit organization based in Texas. It is classified under NTEE code X21 and is registered as a 501(c) tax-exempt organization with the IRS.
Is La Promesa Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, La Promesa Foundation has a score of 80/100 (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 La Promesa Foundation generate?▼
La Promesa Foundation reports $5.7M in annual revenue and holds $7.0M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Religion-Related category, or browse all nonprofits in Texas.