Human Services
(P700)
IRS Verified
DX Registered
990 on File
PROMISING FUTURES INC
Financial strength (30%)
87/100
Reliability (20%)
82/100
Effectiveness (25%)
100/100
Impact (25%)
No data yet
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26
CharityAI™ Score
out of 100
Mission Statement
1. Promising Futures mission is to deliver premier, person-centered services for adults with intellectual and developmental disabilities, with a focus on behavioral needs. Through Individualized programs, we foster independence, dignity, life skills and meaningful community inclusion, empowering every individual to reach their fullest potential.
Financial Overview — FY 2023
$4.0M
Total Revenue
$3.2M
Total Expenses
$1.8M
Net Assets
54
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
80.1%
Fundraising Efficiency
N/A
Operating Reserve
6.90x
Liability-to-Asset
48.7%
Revenue Diversification
81.2%
Executive Compensation
$137K
Compared with Peers
FY 2023
Compared with 10,320 similar organizations
(United States, Human Services, $1M–$10M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
80.1% | 85.4% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
19.9% | 11.4% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.4% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
6.9 mo | 8.5 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
48.7% | 14.7% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
81.2% | 93.3% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
36.1% | 7.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
7.5% | 10.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
19.9% | 2.0% |
P10P90
|
CharityAI™ Evaluation — 2025
26 / 1000
Financial
62
Reliability
45
Effectiveness
10
Impact
Financial Strength (30%)
0
Reliability & Transparency (20%)
62
Program Effectiveness (25%)
45
Impact & Outcomes (25%)
10
0 programs
IRS Verified 90% Data Complete
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $4.0M | $3.2M | $1.8M | 80.1% | 54 |
| 2022 | $2.9M | $3.0M | $1.1M | 81.1% | 56 |
| 2021 | $2.8M | $2.7M | N/A | — | 54 |
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