P โ€” Human ServicesEIN: 954000408ยท Ruling Year: 1986

Promising Futures Inc

El Cajon, California

A-Health Score
77A-

Financial Health Score

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

Very Good

๐Ÿ’ฐ
$4.0M
Total Revenue
๐Ÿ“Š
$3.2M
Total Expenses
๐Ÿฆ
$1.8M
Net Assets
๐Ÿ“‹
$1.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+36.1%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+19.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.58
Net assets divided by total expenses
Liabilities-to-Assets
48.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,983,512โ†‘36%$3,192,422โ†‘7%$3,575,996โ†‘21%
2022$2,926,136โ†‘4%$2,970,739โ†‘10%$2,944,669โ†‘1%
2021$2,807,990โ†“6%$2,695,364โ†‘6%$2,927,388โ†‘3%
2020$2,993,830โ†‘12%$2,552,482โ†“6%$2,841,756โ†‘11%
2019$2,677,232โ†‘2%$2,722,642โ†‘2%$2,559,436โ†“2%
2018$2,613,189โ†‘4%$2,662,844โ†‘8%$2,619,275โ†“4%
2017$2,517,734โ†‘1%$2,470,788โ†‘1%$2,736,226โ†“4%
2016$2,502,726โ†‘4%$2,437,961$2,839,589
2015$2,401,729โ†‘2%$2,435,209โ†‘4%$2,841,762โ†‘1%
2014$2,361,086โ†‘2%$2,346,900โ†‘4%$2,803,231โ†“3%
2013$2,318,551โ†‘4%$2,251,743โ†‘2%$2,875,347โ†‘12%
2012$2,231,082โ†‘2%$2,217,873โ†“1%$2,567,532โ†‘1%
2011$2,194,457$2,250,556$2,550,502

Frequently Asked Questions

What does Promising Futures Inc do?โ–ผ

Promising Futures Inc is a human services nonprofit organization based in California. It is classified under NTEE code P700 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Promising Futures Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Promising Futures Inc has a score of 77/100 (Grade: A-). 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 Promising Futures Inc generate?โ–ผ

Promising Futures Inc reports $3.3M in annual revenue and holds $3.1M in total assets, based on IRS filings.

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Promising Futures Inc โ€” El Cajon, CA | GiveScope