Liabilities / Assets
56th percentile
Tied with the lowest-debt nonprofits in its peer group.
Promise Foundation Inc.
990EZ • Fiscal year 2016 • EIN 80-0484614
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
55th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
2nd percentile
Higher net margin than 2% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
18th percentile
Faster asset growth than 18% of similar nonprofits.
Revenue Growth
94th percentile
Faster revenue growth than 94% of similar nonprofits.
Balance Sheet
Assets
Down$4,602
Down $1,418 (-24%) from 2015
Net Assets
Down$4,602
Down $1,418 (-24%) from 2015
Liabilities
Flat$0
Flat from 2015
Revenue And Expenses
Revenue
Up$290
Up $160 (+123%) from 2015
Expenses
Up$1,722
Up $1,574 (+1064%) from 2015
Net Income
Down-$1,432
Down $1,414 (-7856%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2016 to Dec 31, 2016
- Signed
- Apr 8, 2017
- Return Version
- 2016v3.0
- Gross Receipts
- $290
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 PROVIDED THREE CONTRIBUTION DURING THIS PERIOR | - | $1,722 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MICHIKO NOBLE JOHNSON | Founder | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Promise Foundation Inc
- EIN
- 80-0484614
- Address
- 149 WHITWOOD CIR, COLUMBIA, SC 29212
Signing Officer
- Name
- Michiko Noble Johnson
- Title
- Founder
- Phone
- 8033181387
- Signed
- 2017-04-08
- Discuss with paid preparer
- No
Preparer
- Firm
- Dennie L Ulmer PA CPA
- Address
- 605 Moss Creek Drive, Cayce, SC 29033
- Preparer
- Dennie L Ulmer CPA
- Phone
- 8032407946
Supplemental Narrative
Additional Explanations
List of grants and similar amounts paid Part I line 10
“Activity endowment grantee omega men of columbia endowment street 2711 middleburg drive suite 213 city, state, zip columbia, sc 29204relationship none amount 500activity endowment grantee percy mack endowment street 2711 middleburg drive city, state, zip columbia, sc 29204relationship none amount 500activity endowment grantee benedict college street 1600 harden street city, state, zip columbia, sc 29204relationship none amount 500”
Description of other expenses Part I line 16
“Description amountbank charges 20filing fee 50administration fee 2”
Other changes in net assets or fund balances Part I line 20
“Description amountprior period adjustment 14”
Raw XML Appendix125 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/AddressLine1Txt | 0 | 149 WHITWOOD CIRCLE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | COLUMBIA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | SC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 29212 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 6020 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 4602 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 290 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -1432 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 150 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 6020 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 4602 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 1500 |
| IRS990EZ/GrossReceiptsAmt | 0 | 290 |
| 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 | 6020 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 4602 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 6020 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 4602 |
| 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/OtherChangesInNetAssetsAmt | 0 | 14 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 72 |
| 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 PROVIDED THREE CONTRIBUTION DURING THIS PERIOR |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 1722 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| 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 | 1722 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 1722 |
| IRS990EZ/TotalRevenueAmt | 0 | 290 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 290 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 130 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 130 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 26023 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 17311 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 43884 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 43884 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 290 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 130 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 130 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 26023 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 17311 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 43884 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 43884 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ACTIVITY ENDOWMENT GRANTEE OMEGA MEN OF COLUMBIA ENDOWMENT STREET 2711 MIDDLEBURG DRIVE SUITE 213 CITY, STATE, ZIP COLUMBIA, SC 29204RELATIONSHIP NONE AMOUNT 500ACTIVITY ENDOWMENT GRANTEE PERCY MACK ENDOWMENT STREET 2711 MIDDLEBURG DRIVE CITY, STATE, ZIP COLUMBIA, SC 29204RELATIONSHIP NONE AMOUNT 500ACTIVITY ENDOWMENT GRANTEE BENEDICT COLLEGE STREET 1600 HARDEN STREET CITY, STATE, ZIP COLUMBIA, SC 29204RELATIONSHIP NONE AMOUNT 500 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION AMOUNTBANK CHARGES 20FILING FEE 50ADMINISTRATION FEE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION AMOUNTPRIOR PERIOD ADJUSTMENT 14 |
| 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 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other changes in net assets or fund balances Part I line 20 |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| 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 | 2017-04-08 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | PROMISE FOUNDATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | PROM |
| ReturnHeader/Filer/EIN | 0 | 800484614 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 149 WHITWOOD CIR |
| ReturnHeader/Filer/USAddress/CityNm | 0 | COLUMBIA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | SC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 29212 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 5F848698427826CEDC2677962C192C172775D873 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 5F848698427826CEDC2677962C192C172775D873 |
| ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId | 0 | 5723732017106aj42hzc |
| ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt | 0 | 2017-04-16 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 98.121.218.131 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2017-04-16 |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 18:42:49 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 582283055 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Dennie L Ulmer PA CPA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 605 Moss Creek Drive |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Cayce |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | SC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 29033 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8032407946 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2017-04-16 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Dennie L Ulmer CPA |
| ReturnHeader/ReturnTs | 0 | 2017-04-16T18:26:08-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-12-31 |
| ReturnHeader/TaxYr | 0 | 2016 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $4,602
- Liabilities
- $0
- Net assets
- $4,602
- Revenue
- $290
- Expenses
- $1,722
- Net income
- -$1,432