SCommunity 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$4,128,137247%$1,599,77640%$3,497,514302%
2022$1,191,37937%$1,138,91658%$869,5835%
2021$872,5209%$723,08482%$917,63840%
2020$955,381175%$396,68314%$653,92265%
2019$347,27241%$459,59320%$396,59928%
2018$593,600256%$382,2952%$553,079367%
2017$166,77558%$391,507111%$118,31165%
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 $3.4M in annual revenue and holds $3.8M in total assets, based on IRS filings.

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