Promise Ridge Inc

Nonprofit profile at a glance

EIN
825256950
IRS 990-EZ coverage
2018–2024
Forms available
Form 990-EZ 2024
Location
Idaho Falls, ID, USA
Phone
2086818740
Rating
96
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$143,995
Expenses
$138,558
Assets
$152,821
Liabilities
$3,833

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

People named in this filing

  • MELANIE WETZEL (RECORDING DI)
  • KRISTINA BATALDEN (DIRECTOR)
  • MISTY MARTINELL (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

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

What it reported doing in 2024

Provided a safe and secure place for 26 homeless families (which included 76 individuals). Sixteen of thos families were able to transition into sustainable housing. The donated use of the facility during the fiscal year ended 9/30/25 is valued at 27,600.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 97
  • Transparency & Controls: 100
  • Sustainability: 51
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.7%; rating input score 96
  • Program expense ratio: 99.4%; rating input score 99

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 3.8%; rating input score 45; 45th percentile among comparable filings
  • Total-asset coverage ratio: 1.1; rating input score 63; 63rd percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 35; 35th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 7.6% per year; rating input score 100; 55th percentile among comparable filings
  • Revenue growth: 1.9% per year; rating input score 100; 31st percentile among comparable filings
  • Asset growth: 32.4% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: 95.7% of revenue deployed · 99.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $138K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 7 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Operating margin scored 45/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 35/100.