Civic Intelligence

Promise Residential Project Inc

EIN 22-3550328 • 501(c)3 • Syracuse, NY

Profile

To acquire and operate residential properties to be used as a primary residence by individuals afflicted with neuro-biological brain disorders.

917 Avery AveSyracuse, NY 13204

www.namisyracuse.org

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

38th percentile

-4.0%

Higher net margin than 38% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

51st percentile

-0.8%

Faster asset growth than 51% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

40th percentile

-10%

Faster revenue growth than 40% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$153,155

Down $1,239 (-0.8%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$153,155

Down $1,239 (-0.8%) from 2022

Operations
Liabilities / Revenue61st percentileNet Margin38th percentile

Revenue

Down

$30,965

Down $3,545 (-10%) from 2022

Expenses

Up

$32,204

Up $20,050 (+165%) from 2022

Net Income

Down

-$1,239

Down $23,595 (-106%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth51st percentile

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

$200K$150K$100K$50K$0Assets 2010: $101,320Liabilities 2010: $35,932Net Assets 2010: $65,3882010Assets 2011: $99,746Liabilities 2011: $29,657Net Assets 2011: $70,0892011Assets 2012: $96,034Liabilities 2012: $22,060Net Assets 2012: $73,9742012Assets 2013: $89,220Liabilities 2013: $13,788Net Assets 2013: $75,4322013Assets 2014: $82,320Liabilities 2014: $5,618Net Assets 2014: $76,7022014Assets 2015: $80,763Net Assets 2015: $80,7632015Assets 2016: $87,993Net Assets 2016: $87,9932016Assets 2017: $88,419Net Assets 2017: $88,4192017Assets 2018: $123,848Net Assets 2018: $123,8482018Assets 2019: $127,969Net Assets 2019: $127,9692019Assets 2020: $121,273Net Assets 2020: $121,2732020Assets 2021: $132,038Net Assets 2021: $132,0382021Assets 2022: $154,394Net Assets 2022: $154,3942022Assets 2023: $153,155Net Assets 2023: $153,1552023

Highlighted filing

2023

Assets$153,155
Liabilities-
Net Assets$153,155
Open 2023 Filing

Operations Trend

Revenue Growth40th percentile

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

$60K$40K$20K$0-$20KRevenue 2010: $17,982Expenses 2010: $19,000Net Income 2010: -$1,0182010Revenue 2011: $18,823Expenses 2011: $14,122Net Income 2011: $4,7012011Revenue 2012: $18,352Expenses 2012: $14,467Net Income 2012: $3,8852012Revenue 2013: $19,162Expenses 2013: $17,704Net Income 2013: $1,4582013Revenue 2014: $18,237Expenses 2014: $16,967Net Income 2014: $1,2702014Revenue 2015: $17,904Expenses 2015: $13,843Net Income 2015: $4,0612015Revenue 2016: $20,421Expenses 2016: $13,191Net Income 2016: $7,2302016Revenue 2017: $20,828Expenses 2017: $20,402Net Income 2017: $4262017Revenue 2018: $45,815Expenses 2018: $10,386Net Income 2018: $35,4292018Revenue 2019: $41,882Expenses 2019: $37,761Net Income 2019: $4,1212019Revenue 2020: $30,170Expenses 2020: $36,866Net Income 2020: -$6,6962020Revenue 2021: $31,943Expenses 2021: $21,178Net Income 2021: $10,7652021Revenue 2022: $34,510Expenses 2022: $12,154Net Income 2022: $22,3562022Revenue 2023: $30,965Expenses 2023: $32,204Net Income 2023: -$1,2392023

Highlighted filing

2023

Revenue$30,965
Expenses$32,204
Net Income-$1,239
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$153,155
Liabilities
-
Net assets
$153,155
Revenue
$30,965
Expenses
$32,204
Net income
-$1,239
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$1.53$1.53$0.31$0.32$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.54$1.54$0.35$0.12$0.22
2021Detailed filing. Detailed filing data is available for this year.$1.32$1.32$0.32$0.21$0.11
2020Detailed filing. Detailed filing data is available for this year.$1.21$1.21$0.30$0.37$0.07
2019Detailed filing. Detailed filing data is available for this year.$1.28$1.28$0.42$0.38$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.24$1.24$0.46$0.10$0.35
2017Detailed filing. Detailed filing data is available for this year.$0.88$0.88$0.21$0.20$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.88$0.88$0.20$0.13$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.81$0.81$0.18$0.14$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.82$0.06$0.77$0.18$0.17$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.89$0.14$0.75$0.19$0.18$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.22$0.74$0.18$0.14$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$0.30$0.70$0.19$0.14$0.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$0.36$0.65$0.18$0.19$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$30,965
Mission and Program Overview

Mission

To acquire and operate residential properties to be used as a primary residence by individuals afflicted with neuro-biological brain disorders.

Program Services

DescriptionGrantsExpenses
Operated residential properties used as a primary residence by individuals afflicted with neuro-biological brain disorders.-$22,426
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joseph RidgwayPresidentPT$0--
James Thomas BassettTreasurerPT$0--
Lyn Spagnola FofiSecretary-$0--
Judith FlintDirector-$0--
Henry WilcoxDirector-$0--
Filing and Contact Details

Filer

Filer Name
Promise Residential Project Inc
EIN
22-3550328
Phone
3154872085
Address
917 AVERY AVE, SYRACUSE, NY 13204

Signing Officer

Name
Joseph Ridgeway
Title
President
Signed
2024-11-15
Discuss with paid preparer
Yes

Preparer

Firm
DArcangelo & Co LLP
Address
5000 Brittonfield Pkwy Bldg B - Ste, East Syracuse, NY 13057
Preparer
Harold J Graves
Phone
3154757213
Supplemental Narrative

Additional Explanations

Other Assets.1

“Due from Affiliate - Beginning $9590 Due from Affiliate - Ending $0”

Raw XML Appendix135 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Chris DeVoe
IRS990EZ/BooksInCareOfDetail/PhoneNum03152637654
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0917 Avery Ave
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Syracuse
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd013204
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt084583
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt093122
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1239
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0154394
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0153155
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt030965
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InvestmentIncomeAmt030965
IRS990EZ/LandAndBuildingsGrp/BOYAmt060221
IRS990EZ/LandAndBuildingsGrp/EOYAmt060033
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0154394
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0153155
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0154394
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0153155
IRS990EZ/OccupancyRentUtltsAndMaintAmt032204
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Joseph Ridgway
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1James Thomas Bassett
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Lyn Spagnola Fofi
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Judith Flint
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Henry Wilcox
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt09590
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To acquire and operate residential properties to be used as a primary residence by individuals afflicted with neuro-biological brain disorders.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Operated residential properties used as a primary residence by individuals afflicted with neuro-biological brain disorders.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt022426
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt032204
IRS990EZ/TotalProgramServiceExpensesAmt022426
IRS990EZ/TotalRevenueAmt030965
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.namisyracuse.org
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt022507
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt019640
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt018166
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt017875
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt078188
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt078188
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt022507
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt019640
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt018166
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt017875
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt078188
IRS990ScheduleA/TotalSupportAmt078188
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Due from Affiliate - Beginning $9590 Due from Affiliate - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Assets.1
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Joseph Ridgeway
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PROMISE RESIDENTIAL PROJECT INC
ReturnHeader/Filer/BusinessNameControlTxt0PROM
ReturnHeader/Filer/EIN0223550328
ReturnHeader/Filer/PhoneNum03154872085
ReturnHeader/Filer/USAddress/AddressLine1Txt0917 AVERY AVE
ReturnHeader/Filer/USAddress/CityNm0SYRACUSE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd013204
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0132550103
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DArcangelo & Co LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05000 Brittonfield Pkwy Bldg B - Ste
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0East Syracuse
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd013057
ReturnHeader/PreparerPersonGrp/PhoneNum03154757213
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Harold J Graves
ReturnHeader/ReturnTs02024-11-15T08:50:17-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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