Richmond Promise Inc
Richmond, California
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
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
8 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $856,880↓3% | $3,150,289↑3% | $23,841,976↓3% | — |
| 2022 | $881,299↓61% | $3,059,795↓2% | $24,507,252↓19% | — |
| 2021 | $2,258,504↑265% | $3,110,941↑100% | $30,074,049↓1% | — |
| 2020 | $619,034↓35% | $1,557,048↓43% | $30,275,025 | — |
| 2020 | $949,804↑15% | $2,735,646↑58% | $30,330,994↓4% | — |
| 2019 | $825,802↑20% | $1,726,370↑52% | $31,731,033↓1% | — |
| 2018 | $685,617↓98% | $1,136,108↓26% | $32,046,400↓2% | — |
| 2017 | $33,574,252 | $1,535,282 | $32,795,647 | — |
Frequently Asked Questions
What does Richmond Promise Inc do?▼
Richmond Promise Inc is a education nonprofit organization based in California. It is classified under NTEE code B82 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Richmond Promise Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Richmond Promise Inc has a score of 57/100 (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 Richmond Promise Inc generate?▼
Richmond Promise Inc reports $1.2M in annual revenue and holds $22.6M in total assets, based on IRS filings.
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