Tomorrow's Promise Inc

Nonprofit profile at a glance

EIN
272345558
IRS 990-EZ coverage
2012–2013
Forms available
Form 990-EZ 2013, Form 990-N 2010
Location
Cinnaminson, NJ, USA
Rating confidence
Limited
Sector
Educational Services and Schools - Other

Reported finances

Expenses
$3,083
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2013. Amounts in USD.

Leadership & pay

1 person listed

Executive titles in this filing

  • VINCENT MCCAFFREY (PRESIDENT)

People named in this filing

  • VINCENT MCCAFFREY (PRESIDENT)

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 2013. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Training and educating underprivileged and undereducated individuals who have the desire to attain skills in carpentry or other construction trade in order that they can secure employment in the construction industry.

What it reported doing in 2013

Direct expenses related to organization's mission activities

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 26
  • Transparency & Controls: 82
  • Sustainability: 9
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 67.6%; rating input score 68

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 55th percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0; rating input score 10; 10th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 51; 51st percentile among comparable filings

Growth

  • Program expense growth: -187.4% per year; rating input score 0; 5th percentile among comparable filings
  • Revenue growth: Limited
  • Asset growth: -200% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 67.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $2K in reported program spending
  • Leadership: top reported pay $0 · 1 people listed
  • Consistency: 2 of 2 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2012 to 2013
  • Contacts: How to reach this organization
  • 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.

  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 10/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 51/100.