Advance Initiative
Jenkintown, Pennsylvania
B+Health Score
70B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
๐ฐ
$275K
Total Revenue
๐
$240K
Total Expenses
๐ฆ
$196K
Net Assets
๐
$10K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+160.1%
Year-over-year change (2022 โ 2023)
Net Margin
+12.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.81
Net assets divided by total expenses
Liabilities-to-Assets
5.0%
Total liabilities as % of total assets
Filing History
3 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $274,861โ160% | $240,100โ131% | $206,055โ27% | |
| 2022 | $105,680โ9% | $103,922โ196% | $161,867โ1% | โ |
| 2021 | $96,795 | $35,067 | $160,108 | โ |
Frequently Asked Questions
What does Advance Initiative do?โผ
Advance Initiative is a religion-related nonprofit organization based in Pennsylvania. It is classified under NTEE code X19 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Advance Initiative financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Advance Initiative.
How much revenue does Advance Initiative generate?โผ
Advance Initiative reports $463K in annual revenue and holds $303K in total assets, based on IRS filings.
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