American Promise Inc
Concord, Massachusetts
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Excellent
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
8 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,128,137โ247% | $1,599,776โ40% | $3,497,514โ302% | |
| 2022 | $1,191,379โ37% | $1,138,916โ58% | $869,583โ5% | โ |
| 2021 | $872,520โ9% | $723,084โ82% | $917,638โ40% | โ |
| 2020 | $955,381โ175% | $396,683โ14% | $653,922โ65% | โ |
| 2019 | $347,272โ41% | $459,593โ20% | $396,599โ28% | โ |
| 2018 | $593,600โ256% | $382,295โ2% | $553,079โ367% | โ |
| 2017 | $166,775โ58% | $391,507โ111% | $118,311โ65% | โ |
| 2016 | $401,160 | $185,577 | $338,853 | โ |
Frequently Asked Questions
What does American Promise Inc do?โผ
American Promise Inc is a community improvement & capacity building nonprofit organization based in Massachusetts. It is classified under NTEE code S80 and is registered as a 501(c) tax-exempt organization with the IRS.
Is American Promise Inc financially healthy?โผ
Based on our 9-metric Financial Health Score model, American Promise Inc has a score of 87/100 (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 American Promise Inc generate?โผ
American Promise Inc reports $2.5M in annual revenue and holds $2.4M in total assets, based on IRS filings.
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