Precious Promise Academy Inc
Ft Lauderdale, Florida
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Excellent
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $3,038,993↑27% | $2,586,610↑22% | $2,623,117↑15% | |
| 2022 | $2,396,901↑20% | $2,112,611↑46% | $2,274,837↑13% | — |
| 2021 | $2,000,943↑38% | $1,451,459↑7% | $2,017,815↑38% | — |
| 2020 | $1,449,168↓21% | $1,352,415↓16% | $1,462,903↑21% | — |
| 2019 | $1,829,567↑7% | $1,601,224↓3% | $1,207,276↑23% | — |
| 2018 | $1,715,132↑3% | $1,647,516↑6% | $977,867↑7% | — |
| 2017 | $1,666,918↑4% | $1,557,446↑8% | $915,064↑24% | — |
| 2016 | $1,605,335↑31% | $1,440,288↑15% | $735,398↑30% | — |
| 2015 | $1,227,246↑11% | $1,252,257↑16% | $567,735↓4% | — |
| 2014 | $1,103,194↑2% | $1,077,256↓1% | $592,750↑4% | — |
| 2013 | $1,076,413↑3% | $1,089,334↓15% | $569,314↓2% | — |
| 2012 | $1,041,694↓13% | $1,288,515↑14% | $579,377↓37% | — |
| 2011 | $1,195,039 | $1,129,186 | $926,203 | — |
Frequently Asked Questions
What does Precious Promise Academy Inc do?▼
Precious Promise Academy Inc is a education nonprofit organization based in Florida. It is classified under NTEE code B21 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Precious Promise Academy Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Precious Promise Academy Inc has a score of 85/100 (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 Precious Promise Academy Inc generate?▼
Precious Promise Academy Inc reports $3.2M in annual revenue and holds $2.7M in total assets, based on IRS filings.