Washtenaw Promise Inc
Chelsea, Michigan
B-Health Score
48B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
This Org0.64×
Peer Median20.77×
💰
$193K
Total Revenue
📊
$202K
Total Expenses
🏦
$129K
Net Assets
📋
$729
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-10.3%
Year-over-year change (2022 → 2023)
Net Margin
-4.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.64
Net assets divided by total expenses
Liabilities-to-Assets
0.6%
Total liabilities as % of total assets
Filing History
6 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $193,373↓10% | $202,092↑14% | $129,894↓3% | — |
| 2022 | $215,664↑61% | $176,910↓1% | $134,157↑29% | — |
| 2021 | $134,097↑8% | $178,803↑36% | $103,795↓29% | — |
| 2020 | $124,425↓41% | $131,514↑8% | $145,881 | — |
| 2019 | $210,126↑285% | $122,011↑2840% | $146,343↑190% | — |
| 2018 | $54,612 | $4,150 | $50,462 | — |
Frequently Asked Questions
What does Washtenaw Promise Inc do?▼
Washtenaw Promise Inc is a education nonprofit organization based in Michigan. It is classified under NTEE code B90 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Washtenaw Promise Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Washtenaw Promise Inc.
How much revenue does Washtenaw Promise Inc generate?▼
Washtenaw Promise Inc reports $1.6M in annual revenue and holds $1.5M in total assets, based on IRS filings.