Civic Intelligence

Promise Ridge Inc.

990EZ • Fiscal year 2021 • EIN 82-5256950

Oct 01, 2020 to Sep 30, 2021 • Filed on May 12, 2022

Organization ProfileN/A
288 N RidgeIdaho Falls, ID 83402

(208) 346-8320

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

74th percentile

0.06x

Higher debt load relative to assets than 74% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

66th percentile

0.01x

Higher debt load relative to revenue than 66% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

58th percentile

15%

Higher net margin than 58% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

55th percentile

9.3%

Faster asset growth than 55% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

71st percentile

38%

Faster revenue growth than 71% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets74th percentile

Assets

Up

$43,011

Up $3,664 (+9.3%) from 2020

Net Assets

Up

$40,350

Up $27,179 (+206%) from 2020

Liabilities

Down

$2,661

Down $23,515 (-90%) from 2020

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin58th percentile

Revenue

Up

$182,789

Up $50,655 (+38%) from 2020

Expenses

Up

$156,091

Up $31,978 (+26%) from 2020

Net Income

Up

$26,698

Up $18,677 (+233%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth55th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$150K$100K$50K$0Assets 2019: $6,480Liabilities 2019: $1,330Net Assets 2019: $5,1502019Assets 2020: $39,347Liabilities 2020: $26,176Net Assets 2020: $13,1712020Assets 2021: $43,011Liabilities 2021: $2,661Net Assets 2021: $40,3502021Assets 2022: $58,039Liabilities 2022: $2,903Net Assets 2022: $55,1362022Assets 2023: $102,324Liabilities 2023: $1,528Net Assets 2023: $100,7962023Assets 2024: $144,127Liabilities 2024: $576Net Assets 2024: $143,5512024Assets 2025: $152,821Liabilities 2025: $3,833Net Assets 2025: $148,9882025

Highlighted filing

2021

Assets$43,011
Liabilities$2,661
Net Assets$40,350
Open 2021 Filing

Operations Trend

Revenue Growth71st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2019: $122,168Expenses 2019: $127,848Net Income 2019: -$5,6802019Revenue 2020: $132,134Expenses 2020: $124,113Net Income 2020: $8,0212020Revenue 2021: $182,789Expenses 2021: $156,091Net Income 2021: $26,6982021Revenue 2022: $173,559Expenses 2022: $158,773Net Income 2022: $14,7862022Revenue 2023: $165,641Expenses 2023: $119,980Net Income 2023: $45,6612023Revenue 2024: $148,635Expenses 2024: $105,889Net Income 2024: $42,7462024Revenue 2025: $143,995Expenses 2025: $138,558Net Income 2025: $5,4372025

Highlighted filing

2021

Revenue$182,789
Expenses$156,091
Net Income$26,698
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
May 12, 2022
Return Version
2020v4.1
Gross Receipts
$182,789
Mission and Program Overview

Mission

To provide emergency, temporary, and transitional housing for low-moderate income families while they find sustainable work and housing.

To provide emergency, temporary, and transitional housing for homeless familes in the city of idaho falls

Program Services

DescriptionGrantsExpenses
PROVIDED A SAFE AND SECURE PLACE TO LIVE FOR 32 HOMELESS FAMILIES WHILETHEY WORK ON BECOMING SUSTAINABLE. THE DONATED USE OF THE FACILITY DURINGTHE FISCAL YEAR ENDED 9/30/2021 IS VALUED AT $26,698$129,149$128,503
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MELANIE WETZELRecording Partner-$0--
KRISTINA BATALDENDirector-$0--
KATRINA FORSMANNDirector-$0--
ANGELA LEEInterim Executive Director-$0--
JEANNE JENSENDirector-$0--
BETSY KRSULDirector-$0--
Filing and Contact Details

Filer

Filer Name
Promise Ridge Inc
EIN
82-5256950
Phone
2083468320
Address
288 N RIDGE, IDAHO FALLS, ID 83402

Signing Officer

Name
Angela Lee
Title
Interim Executive Director
Phone
2083468320
Signed
2022-05-12

Preparer

Firm
Jensen Poulsen & Co PLLC
Address
PO BOX 50700, Idaho Falls, ID 83405
Preparer
Sheri L Poulsen
Phone
2085222295
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 8

“UNDEPOSITED CHECK 631.”

Form 990EZ, Part I, Line 16

“EQUIP & FURNISHINGS 55.”

Form 990EZ, Part I, Line 16

“FOOD & HOUSEHOLD 85.”

Form 990EZ, Part I, Line 16

“INSURANCE 4281.”

Form 990EZ, Part I, Line 16

“OFFICE EXPENSE 335.”

Form 990EZ, Part I, Line 16

“TELEPHONE 1692.”

Form 990EZ, Part I, Line 16

“Unapplied cash bill payment 9.”

Form 990EZ, Part I, Line 16

“SECURITY 1441.”

Raw XML Appendix184 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0IDAHO FALLS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ID
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IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
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IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
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IRS990EZ/LobbyingActivitiesInd0false
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IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OccupancyRentUtltsAndMaintAmt038975
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MELANIE WETZEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KRISTINA BATALDEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KATRINA FORSMANN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ANGELA LEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JEANNE JENSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5BETSY KRSUL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0RECORDING PARTNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3INTERIM EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt07898
IRS990EZ/OtherRevenueTotalAmt0631
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE EMERGENCY, TEMPORARY, AND TRANSITIONAL HOUSING FOR HOMELESS FAMILES IN THE CITY OF IDAHO FALLS
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDED A SAFE AND SECURE PLACE TO LIVE FOR 32 HOMELESS FAMILIES WHILETHEY WORK ON BECOMING SUSTAINABLE. THE DONATED USE OF THE FACILITY DURINGTHE FISCAL YEAR ENDED 9/30/2021 IS VALUED AT $26,698
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0129149
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0128503
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt0109218
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt025695
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02661
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0156091
IRS990EZ/TotalProgramServiceExpensesAmt0128503
IRS990EZ/TotalRevenueAmt0182789
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0131670
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0132135
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0122168
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0385973
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt0385973
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0131670
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0132135
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0122168
IRS990ScheduleA/Total509Grp/TotalAmt0385973
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0385973
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0UNDEPOSITED CHECK 631.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EQUIP & FURNISHINGS 55.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FOOD & HOUSEHOLD 85.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INSURANCE 4281.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OFFICE EXPENSE 335.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TELEPHONE 1692.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UNAPPLIED CASH BILL PAYMENT 9.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SECURITY 1441.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ANGELA LEE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0INTERIM EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02083468320
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PROMISE RIDGE INC
ReturnHeader/Filer/BusinessNameControlTxt0PROM
ReturnHeader/Filer/EIN0825256950
ReturnHeader/Filer/PhoneNum02083468320
ReturnHeader/Filer/USAddress/AddressLine1Txt0288 N RIDGE
ReturnHeader/Filer/USAddress/CityNm0IDAHO FALLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ID
ReturnHeader/Filer/USAddress/ZIPCd083402
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Jensen Poulsen & Co PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 50700
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Idaho Falls
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ID
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd083405
ReturnHeader/PreparerPersonGrp/PhoneNum02085222295
ReturnHeader/PreparerPersonGrp/PreparationDt02022-07-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHERI L POULSEN
ReturnHeader/ReturnTs02022-07-05T10:16:08-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ANGELA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LEE
ReturnHeader/TaxPeriodBeginDt02020-10-01
ReturnHeader/TaxPeriodEndDt02021-09-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$43,011
Liabilities
$2,661
Net assets
$40,350
Revenue
$182,789
Expenses
$156,091
Net income
$26,698
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.53$0.04$1.49$1.44$1.39$0.05
2024Detailed filing. Detailed filing data is available for this year.$1.44$0.01$1.44$1.49$1.06$0.43
2023Detailed filing. Detailed filing data is available for this year.$1.02$0.02$1.01$1.66$1.20$0.46
2022Detailed filing. Detailed filing data is available for this year.$0.58$0.03$0.55$1.74$1.59$0.15
2021Detailed filing. Detailed filing data is available for this year.$0.43$0.03$0.40$1.83$1.56$0.27
2020Detailed filing. Detailed filing data is available for this year.$0.39$0.26$0.13$1.32$1.24$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.06$0.01$0.05$1.22$1.28$0.06