Promise Land 7 Inc is a 501(c)(3) organization based in Delray Beach, Florida, registered in 2022, with $400,000 in FY2023 revenue. CharityIndex grades it C.
Revenue (FY2023)
$400K
▲ 300.0% vs prior year
Education median: $200K
Expenses (FY2023)
$63K
Net assets
$0
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Promise Land 7 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Promise Land 7 Inc: 0 mo reserves · +84% margin earns a C on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Promise Land 7 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Promise Land 7 Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $50K (FY2021) to $400K (FY2023) across 3 reported years.
Financial snapshot
Operating margin
84.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$400K
Total liabilities
$0
Net assets
$0
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $400,000▲300% | $62,821▲167% | $0 | $400,000▲300% | 990PF |
| 2022 | $100,000▲100% | $23,541 | $0 | $100,000▲100% | 990PF |
| 2021 | $50,000 | $0 | $0 | $50,000 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Promise Land 7 Inc (EIN 86-3860714) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.