Civic Intelligence

Promises of Hope Foundation

EIN 06-1778685 • 501(c)3 • Miami, FL

Profile

Promises of Hope Foundation assists people with disabilities to find and maintain employment through services and training provided by the organization.

13611 S Dixie HwyMiami, FL 33176

pohfoundationinc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2025

Liabilities / Revenue

35th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

40th percentile

0.0%

Higher net margin than 40% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

80th percentile

$82,000

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 10.3% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2024 to 2025

Revenue Growth

72nd percentile

27%

Faster revenue growth than 72% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Flat

$0

Flat from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Flat

$0

Flat from 2023

Operations
Liabilities / Revenue35th percentileNet Margin40th percentile

Revenue

Up

$627,042

Up $91,652 (+17%) from 2023

Expenses

Up

$627,042

Up $91,652 (+17%) from 2023

Net Income

Flat

$0

Flat from 2023

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1$0Assets 2015: $1Liabilities 2015: $02015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2024

Assets$0
Liabilities$0
Net Assets$0
Open 2024 Filing

Operations Trend

Revenue Growth72nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2015: $0Expenses 2015: $0Net Income 2015: $02015Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2021: $215,248Expenses 2021: $235,248Net Income 2021: -$20,0002021Revenue 2022: $411,576Expenses 2022: $411,576Net Income 2022: $02022Revenue 2023: $535,390Expenses 2023: $535,390Net Income 2023: $02023Revenue 2024: $627,042Expenses 2024: $627,042Net Income 2024: $02024

Highlighted filing

2024

Revenue$627,042
Expenses$627,042
Net Income$0
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$627,042
Expenses
$627,042
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$6.27$6.27$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$5.35$5.35$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$4.12$4.12$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$2.15$2.35$0.20
2016Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2015Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 28, 2025
Return Version
2024v5.1
Gross Receipts
$627,042
Mission and Program Overview

Mission

Promises of Hope Foundation assists people with disabilities to find and maintain employment through services and training provided by the organization.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Other Assets Total$0$0→ $0
Total Assets$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$0$0→ $0
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Deneen BullardPresident Program DirectorFT$60,200$60,200
Tammie GrantExecutive AdministratorFT$27,750$27,750
Phillip Cruz RodriguezPresident Board MemberPT$7,665$7,665
Jorge Antonio BarriereSecretary Board MemberPT$7,590$7,590

Board Members and Trustees

NameTitle
Altha BakerBoard Member
Edward BullardBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$627,042
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$344,395
Other Expenses$282,647
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$0$0$0$189,675
Current Officers, Directors, Trustees, and Key Employees$0$0$0$103,205
Fees for Services Management$0$0$0$93,579
Office Expenses$0$0$0$86,789
Occupancy$0$0$0$68,421
Payroll Taxes$0$0$0$51,515
Fees for Services Legal$0$0$0$15,633
Insurance$0$0$0$8,657
Travel$0$0$0$914
Total Functional Expenses$0$0$0$627,042
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Line 12

“| Explanation:| PROMISES OF HOPE FOUNDATION DOES CONSISTENT MONITORING AND ENFORCING OF RULES AND REGULATIONS WITHIN THE FOUNDATION.”

Filing and Contact Details

Filer

Filer Name
Promises of Hope Foundation
EIN
06-1778685
In Care Of
% Deneen Bullard
Phone
3057205632
Address
13611 S DIXIE HWY, MIAMI, FL 33176

Signing Officer

Name
Deneen Bullard
Title
President Program Director
Signed
2025-04-28
Discuss with paid preparer
No

Organization Details

Formed
2006
Legal Domicile
Fl
Voting Board Members
7
Independent Board Members
2
Employees
119
Volunteers
10

Preparer

Preparer
Sabrina Rouse
Supplemental Narrative

Additional Explanations

Part XII Line 2

“| Explanation:| NO CHANGE OF OVERSIGHT PROCESS OR SELECTION PROCESS DURIN THE TAX YEAR.”

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