TPhilanthropy, Voluntarism & GrantmakingEIN: 843321648· Ruling Year: 2019

Queen City Promise

Plainfield, New Jersey

B+Health Score
65B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org4.17×
Peer Median18.82×
💰
$47K
Total Revenue
📊
$13K
Total Expenses
🏦
$54K
Net Assets
📋
$5K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+53.6%
Year-over-year change (2022 → 2023)
Net Margin
+72.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.17
Net assets divided by total expenses
Liabilities-to-Assets
7.6%
Total liabilities as % of total assets

Filing History

4 filings on record
YearRevenueExpensesAssets
2023$47,01754%$13,05417%$58,963179%
2022$30,6196024%$15,794$21,1404128%
2020$500$0$50049900%
2019$0$0$1

Frequently Asked Questions

What does Queen City Promise do?

Queen City Promise is a philanthropy, voluntarism & grantmaking nonprofit organization based in New Jersey. It is classified under NTEE code T22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Queen City Promise financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Queen City Promise.

How much revenue does Queen City Promise generate?

Queen City Promise reports $58K in annual revenue and holds $70K in total assets, based on IRS filings.

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