Liabilities / Assets
80th percentile
Higher debt load relative to assets than 80% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.61x
Liabilities / Revenue
47th percentile
Higher debt load relative to revenue than 47% of similar nonprofits.
Net Margin
48th percentile
Higher net margin than 48% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
87th percentile
Faster asset growth than 87% of similar nonprofits.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
Up$656,720
Up $138,458 (+27%) from 2010
Net Assets
Up$256,334
Up $47,263 (+23%) from 2010
Liabilities
Up$400,386
Up $91,195 (+29%) from 2010
Revenue And Expenses
Revenue
$3,726,180
No earlier filing loaded for comparison.
Expenses
Up$3,678,917
Up $364,350 (+11%) from 2010
Net Income
$47,263
No earlier filing loaded for comparison.
Historical Trend
Filing Detail Status
This 2011 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2010 to Jun 30, 2011
Mission and Program Overview
Mission
Our central and only work is to teach and inspire the mind, body and spirit of our children so that they can succeed in any academic or cultural setting. Promise academy is committed to preparing children to excel in the nation's most regorous schools.
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2011 • Form 990Summary only. Only limited summary data is available for this year.
- Assets
- $656,720
- Liabilities
- $400,386
- Net assets
- $256,334
- Revenue
- $3,726,180
- Expenses
- $3,678,917
- Net income
- $47,263