GDiseases, Disorders & Medical DisciplinesEIN: 830535519· Ruling Year: 2019

Promise Fund Of Florida Inc

West Palm Beach, Florida

B+Health Score
65B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 2 peers in Diseases, Disorders & Medical Disciplines with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.29×
Peer Median31.03×
💰
$2.0M
Total Revenue
📊
$2.7M
Total Expenses
🏦
$3.4M
Net Assets
📋
$765K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-8.7%
Year-over-year change (2023 → 2023)
Net Margin
-35.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.29
Net assets divided by total expenses
Liabilities-to-Assets
18.2%
Total liabilities as % of total assets

Filing History

6 filings on record
YearRevenueExpensesAssets
2023$1,969,5489%$2,662,95521%$4,207,58319%
2023$2,157,65457%$3,362,127114%$5,210,6302%
2022$5,035,813290%$1,568,62152%$5,308,988195%
2021$1,289,81827%$1,034,55323%$1,800,71622%
2020$1,774,59963%$841,12176%$1,481,453141%
2019$1,091,800$478,342$613,458

Frequently Asked Questions

What does Promise Fund Of Florida Inc do?

Promise Fund Of Florida Inc is a diseases, disorders & medical disciplines nonprofit organization based in Florida. It is classified under NTEE code G30 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Promise Fund Of Florida Inc financially healthy?

Based on our 9-metric Financial Health Score model, Promise Fund Of Florida Inc has a score of 65/100 (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 Promise Fund Of Florida Inc generate?

Promise Fund Of Florida Inc reports $4.2M in annual revenue and holds $5.1M in total assets, based on IRS filings.

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