Promise Foundation Inc.

990EZ • Fiscal year 2013 • EIN 80-0484614

Jan 01, 2013 to Dec 31, 2013 • Filed on Jul 10, 2014

Organization Profile promisecharity.org

149 Whitwood Cir29212

(803) 318-1387

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

0.00x

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

0.00x

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

19%

Higher net margin than 76% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Higher top officer pay than 73% of similar nonprofits.

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

37%

Faster asset growth than 81% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

50%

Faster revenue growth than 85% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Balance Sheet

Liabilities / Assets55th percentile

Assets

$18,326

Up $4,975 (+37%) from 2012

Net Assets

$18,326

Up $4,975 (+37%) from 2012

Liabilities

Flat

Flat from 2012

Revenue And Expenses

Liabilities / Revenue56th percentile Net Margin76th percentile

Revenue

$26,023

Up $8,712 (+50%) from 2012

Expenses

Down

$21,048

Down $195 (-0.9%) from 2012

Net Income

$4,975

Up $8,907 (+227%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth81st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

Highlighted filing

2013

Assets$18,326

Liabilities$0

Net Assets$18,326

Open 2013 Filing

Operations Trend

Revenue Growth85th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2013

Revenue$26,023

Expenses$21,048

Net Income$4,975

Open 2013 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2013 to Dec 31, 2013
Signed: Jul 10, 2014
Return Version: 2013v3.1
Gross Receipts: $26,023

Mission and Program Overview

Mission

Financial Support Merit and Need Base

Financially support merit and need based

Program Services

Description	Grants	Expenses
THE PROMISE FOUNDATION RAISE FUNDS TO ESTABLISH THE MEN OF OMICRON PHI CHAPTER OF OMEGA PSI PHI FRATERNITY ENDOWMENT	$8,000	$12,814

Compensation and Service Providers

Top Officer Pay73rd percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
MICHIKO NOBLE JOHNSON	Founder	PT	$0	-	-

Filing and Contact Details

Filer

EIN: 80-0484614

Signing Officer

Name: Michiko Noble Johnson
Title: Founder
Phone: 8033181387
Signed: 2014-07-10
Discuss with paid preparer: No

Preparer

Preparer: Dennie L Ulmer
Phone: 8037968059

Supplemental Narrative

Additional Explanations

List of grants and similar amounts paid Part I line 10

“Activity endowment grantee centtral carolina foundation relationship none amount 8,000”

Description of other expenses Part I line 16

“Description amountbank charges 15roast banquet expense 9,893tournment expense 2,921filing fee 65administration fee 154”

Raw XML Appendix114 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/ActivitiesNotPreviouslyRptInd	0	false
IRS990EZ/BooksInCareOfDetail/PersonNm	0	MICHIKO NOBLE JOHNSON
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	8033181387
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1	0	149 WHITWOOD CIRCLE
IRS990EZ/BooksInCareOfDetail/USAddress/City	0	COLUMBIA
IRS990EZ/BooksInCareOfDetail/USAddress/State	0	SC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode	0	29212
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	13351
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	18326
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	26023
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	4975
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	13351
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	18326
IRS990EZ/GrantsAndSimilarAmountsPaidAmt	0	8000
IRS990EZ/GrossReceiptsAmt	0	26023
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/LandAndBuildingsGrp/BOYAmt	0	0
IRS990EZ/LandAndBuildingsGrp/EOYAmt	0	0
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	13351
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	18326
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	13351
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	18326
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	MICHIKO NOBLE JOHNSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	FOUNDER
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	0
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	13048
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	FINANCIALLY SUPPORT MERIT AND NEED BASED
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	THE PROMISE FOUNDATION RAISE FUNDS TO ESTABLISH THE MEN OF OMICRON PHI CHAPTER OF OMEGA PSI PHI FRATERNITY ENDOWMENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	8000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	12814
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	21048
IRS990EZ/TotalProgramServiceExpensesAmt	0	12814
IRS990EZ/TotalRevenueAmt	0	26023
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	26023
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	17311
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt	0	11650
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt	0	20123
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	75107
IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	1.00000
IRS990ScheduleA/PublicSupportPY170Pct	0	1.00000
IRS990ScheduleA/PublicSupportTotal170Amt	0	75107
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind	0	X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt	0	26023
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt	0	17311
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt	0	11650
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt	0	20123
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt	0	75107
IRS990ScheduleA/TotalSupportAmt	0	75107
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	ACTIVITY ENDOWMENT GRANTEE CENTTRAL CAROLINA FOUNDATION RELATIONSHIP NONE AMOUNT 8,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	DESCRIPTION AMOUNTBANK CHARGES 15ROAST BANQUET EXPENSE 9,893TOURNMENT EXPENSE 2,921FILING FEE 65ADMINISTRATION FEE 154
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Description of other expenses Part I line 16
ReturnHeader/BuildTS	0	2015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	false
ReturnHeader/BusinessOfficerGrp/PersonNm	0	MICHIKO NOBLE JOHNSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	FOUNDER
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	8033181387
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2014-07-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1	0	PROMISE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt	0	PROM
ReturnHeader/Filer/EIN	0	800484614
ReturnHeader/Filer/USAddress/AddressLine1	0	149 WHITWOOD CIR
ReturnHeader/Filer/USAddress/City	0	COLUMBIA
ReturnHeader/Filer/USAddress/State	0	SC
ReturnHeader/Filer/USAddress/ZIPCode	0	29212
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	582283055
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1	0	Dennie L Ulmer PA CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1	0	605 Moss Creek Drive
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City	0	Cayce
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State	0	SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode	0	29033
ReturnHeader/PreparerPersonGrp/PhoneNum	0	8037968059
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2014-07-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	Dennie L Ulmer
ReturnHeader/PreparerPersonGrp/SelfEmployedInd	0	X
ReturnHeader/ReturnTs	0	2014-07-10T18:11:56-04:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2013-01-01
ReturnHeader/TaxPeriodEndDt	0	2013-12-31
ReturnHeader/TaxYr	0	2013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $18,326
Liabilities: $0
Net assets: $18,326
Revenue: $26,023
Expenses: $21,048
Net income: $4,975

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$2.77	$0.00	$2.77	$0.00	$0.05	$0.05
2024Detailed filing. Detailed filing data is available for this year.	$2.82	$0.00	$2.82	$0.00	$0.05	$0.05
2023Detailed filing. Detailed filing data is available for this year.	$2.87	$0.00	$2.87	$0.00	$0.65	$0.65
2022Detailed filing. Detailed filing data is available for this year.	$3.52	$0.00	$3.52	$0.00	$0.05	$0.05
2021Detailed filing. Detailed filing data is available for this year.	$3.60	$0.00	$3.60	$0.01	$0.60	$0.60
2020Detailed filing. Detailed filing data is available for this year.	$4.20	$0.00	$4.20	$0.02	$0.29	$0.27
2019Detailed filing. Detailed filing data is available for this year.	$4.47		$4.47	$0.02	$0.05	$0.03
2018Detailed filing. Detailed filing data is available for this year.	$4.50	$0.00	$4.50	$0.12	$0.23	$0.11
2017Detailed filing. Detailed filing data is available for this year.	$4.62	$0.00	$4.62	$0.28	$0.26	$0.01
2016Detailed filing. Detailed filing data is available for this year.	$4.60	$0.00	$4.60	$0.29	$1.72	$1.43
2015Detailed filing. Detailed filing data is available for this year.	$6.02	$0.00	$6.02	$0.13	$0.15	$0.02
2014Detailed filing. Detailed filing data is available for this year.	$6.04	$0.00	$6.04	$0.13	$12.4	$12.3
2013Detailed filing. Detailed filing data is available for this year.	$18.3	$0.00	$18.3	$26.0	$21.0	$4.98
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$13.4	$0.00	$13.4	$17.3	$21.2	$3.93
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$17.3	$0.00	$17.3	$11.7	$3.51	$8.15