Passport Foundation

Wilmington, Delaware

BHealth Score
63B

Financial Health Score

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

Above Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org9.00×
Peer Median18.82×
💰
$7.8M
Total Revenue
📊
$5.7M
Total Expenses
🏦
$51.5M
Net Assets
📋
$1
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+1.6%
Year-over-year change (2022 → 2023)
Net Margin
+26.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
9.00
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$7,811,665↑2%$5,721,413↓3%$51,478,986↑4%
2022$7,686,076↓41%$5,884,290↑29%$49,288,734↑4%
2021$13,102,798↑174%$4,572,547↑14%$47,486,948↑20%
2020$4,790,505↓32%$3,994,409↑12%$39,586,697↑4%
2019$7,068,545↑619%$3,573,010↑73%$38,160,601↑29%
2015$983,782↓75%$2,071,039↓43%$29,597,925↓47%
2014$3,908,743↓43%$3,621,037↑124%$56,033,848↑117%
2013$6,819,219↑529%$1,616,168↓27%$25,829,815↑26%
2012$1,084,477↓92%$2,214,924↓82%$20,526,594↓5%
2011$13,426,291$12,629,045$21,651,829

Frequently Asked Questions

What does Passport Foundation do?▼

Passport Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Delaware. It is classified under NTEE code T20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Passport Foundation financially healthy?▼

Based on our 9-metric Financial Health Score model, Passport Foundation has a score of 63/100 (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 Passport Foundation generate?▼

Revenue data for Passport Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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