S — Community Improvement & Capacity BuildingEIN: 474608840· Ruling Year: 2016

American Promise Inc

Concord, Massachusetts

AHealth Score
87A

Financial Health Score

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

Excellent

💰
$4.1M
Total Revenue
📊
$1.6M
Total Expenses
🏦
$3.4M
Net Assets
📋
$133K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+246.5%
Year-over-year change (2022 → 2023)
Net Margin
+61.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.10
Net assets divided by total expenses
Liabilities-to-Assets
3.8%
Total liabilities as % of total assets

Filing History

8 filings on record
YearRevenueExpensesAssets
2023$4,128,137↑247%$1,599,776↑40%$3,497,514↑302%
2022$1,191,379↑37%$1,138,916↑58%$869,583↓5%
2021$872,520↓9%$723,084↑82%$917,638↑40%
2020$955,381↑175%$396,683↓14%$653,922↑65%
2019$347,272↓41%$459,593↑20%$396,599↓28%
2018$593,600↑256%$382,295↓2%$553,079↑367%
2017$166,775↓58%$391,507↑111%$118,311↓65%
2016$401,160$185,577$338,853

Frequently Asked Questions

What does American Promise Inc do?▼

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?▼

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?▼

American Promise Inc reports $2.5M in annual revenue and holds $2.4M in total assets, based on IRS filings.

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