CSCharityScored
85

Precious Promise Academy Inc

Education · Fort Lauderdale, Florida

266 West Commercial Blvd, Fort Lauderdale, FL 33308-0000

EIN: 650956904· Founded: Mar 2006· 20 years active· Filing Year: 2023

Annual Revenue

$3.0M

Total Expenses

$2.6M

Total Assets

$2.6M

Program Spending

105%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$50K

1.9% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$1.3M

Total Payroll

$1.4M

53% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 53%
Other overhead: -5%
Program Revenue$2.7M (89%)
Total Expenses$2.6M (85%)
Payroll$1.4M (53%)
Overhead (non-program)-5%

Trust Score Breakdown

Program Spending Ratio

105% of expenses go to programs

40%

Revenue & Stability

$3.0M annual revenue

15%

Executive Compensation

$50K total officer comp (1.9% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$2.6M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.