Civic Intelligence

Promise Foundation Inc.

990EZ • Fiscal year 2020 • EIN 80-0484614

Jan 01, 2020 to Dec 31, 2020 • Filed on Mar 05, 2021

Organization Profilepromisecharity.org
149 Whitwood CircleColumbia, SC 29212

(803) 318-1387

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

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

Liabilities / Revenue

55th percentile

0.00x

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

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

Net Margin

1st percentile

-1522%

Higher net margin than 1% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

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

Asset Growth

32nd percentile

-6.1%

Faster asset growth than 32% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

75th percentile

13%

Faster revenue growth than 75% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$4,195

Down $274 (-6.1%) from 2019

Net Assets

Down

$4,195

Down $274 (-6.1%) from 2019

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin1st percentile

Revenue

Up

$18

Up $2 (+13%) from 2019

Expenses

Up

$292

Up $242 (+484%) from 2019

Net Income

Down

-$274

Down $240 (-706%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth32nd percentile

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

$20K$15K$10K$5.0K$0Assets 2011: $17,283Liabilities 2011: $0Net Assets 2011: $17,2832011Assets 2012: $13,351Liabilities 2012: $0Net Assets 2012: $13,3512012Assets 2013: $18,326Liabilities 2013: $0Net Assets 2013: $18,3262013Assets 2014: $6,038Liabilities 2014: $0Net Assets 2014: $6,0382014Assets 2015: $6,020Liabilities 2015: $0Net Assets 2015: $6,0202015Assets 2016: $4,602Liabilities 2016: $0Net Assets 2016: $4,6022016Assets 2017: $4,615Liabilities 2017: $0Net Assets 2017: $4,6152017Assets 2018: $4,503Liabilities 2018: $0Net Assets 2018: $4,5032018Assets 2019: $4,469Net Assets 2019: $4,4692019Assets 2020: $4,195Liabilities 2020: $0Net Assets 2020: $4,1952020Assets 2021: $3,599Liabilities 2021: $0Net Assets 2021: $3,5992021Assets 2022: $3,521Liabilities 2022: $0Net Assets 2022: $3,5212022Assets 2023: $2,873Liabilities 2023: $0Net Assets 2023: $2,8732023Assets 2024: $2,824Liabilities 2024: $0Net Assets 2024: $2,8242024Assets 2025: $2,774Liabilities 2025: $0Net Assets 2025: $2,7742025

Highlighted filing

2020

Assets$4,195
Liabilities$0
Net Assets$4,195
Open 2020 Filing

Operations Trend

Revenue Growth75th percentile

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

$30K$20K$10K$0-$10K-$20KRevenue 2011: $11,650Expenses 2011: $3,505Net Income 2011: $8,1452011Revenue 2012: $17,311Expenses 2012: $21,243Net Income 2012: -$3,9322012Revenue 2013: $26,023Expenses 2013: $21,048Net Income 2013: $4,9752013Revenue 2014: $130Expenses 2014: $12,418Net Income 2014: -$12,2882014Revenue 2015: $130Expenses 2015: $148Net Income 2015: -$182015Revenue 2016: $290Expenses 2016: $1,722Net Income 2016: -$1,4322016Revenue 2017: $275Expenses 2017: $262Net Income 2017: $132017Revenue 2018: $120Expenses 2018: $232Net Income 2018: -$1122018Revenue 2019: $16Expenses 2019: $50Net Income 2019: -$342019Revenue 2020: $18Expenses 2020: $292Net Income 2020: -$2742020Revenue 2021: $6Expenses 2021: $602Net Income 2021: -$5962021Revenue 2022: $2Expenses 2022: $52Net Income 2022: -$502022Revenue 2023: $3Expenses 2023: $651Net Income 2023: -$6482023Revenue 2024: $3Expenses 2024: $52Net Income 2024: -$492024Revenue 2025: $2Expenses 2025: $52Net Income 2025: -$502025

Highlighted filing

2020

Revenue$18
Expenses$292
Net Income-$274
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 5, 2021
Return Version
2020v4.0
Gross Receipts
$18
Mission and Program Overview

Mission

Financial Support Merit and Need Base

Program Services

DescriptionGrantsExpenses
The Promise Foundation do not have a fund raising activity and did not make any donations during this reporting$0$0
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michiko BeckettCEO And FounderPT$0--
Filing and Contact Details

Filer

Filer Name
Promise Foundation Inc
EIN
80-0484614
Phone
8033181387
Address
149 Whitwood Circle, Columbia, SC 29212

Signing Officer

Name
Michiko Beckett
Title
Founder
Phone
8033181387
Signed
2021-03-05
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“30 Bank Charges 60 Federal 990 EZ Electronic Filing Fee 52 State Filing Fee”

Raw XML Appendix139 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
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IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Michiko Beckett
IRS990EZ/BooksInCareOfDetail/PhoneNum08033181387
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0149 Whitwood Circle
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Columbia
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd029212
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt04469
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt04195
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt018
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
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IRS990EZ/ExcessOrDeficitForYearAmt0-274
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0150
IRS990EZ/FiledScheduleAInd01
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IRS990EZ/NetAssetsOrFundBalancesBOYAmt04469
IRS990EZ/NetAssetsOrFundBalancesEOYAmt04195
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt04469
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt04195
IRS990EZ/OccupancyRentUtltsAndMaintAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Michiko Beckett
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO and Founder
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0142
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Financial Support Merit and Need Base
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The Promise Foundation do not have a fund raising activity and did not make any donations during this reporting
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
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IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
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IRS990EZ/StatesWhereCopyOfReturnIsFldCd0SC
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0292
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt018
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt016
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0120
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0275
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0290
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0719
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/PublicSupportPY170Pct01
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt018
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0120
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0275
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0290
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0719
IRS990ScheduleA/TotalSupportAmt0719
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt030 Bank Charges 60 Federal 990 EZ Electronic Filing Fee 52 State Filing Fee
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Michiko Beckett
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Founder
ReturnHeader/BusinessOfficerGrp/PhoneNum08033181387
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-03-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PROMISE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0PROM
ReturnHeader/Filer/EIN0800484614
ReturnHeader/Filer/PhoneNum08033181387
ReturnHeader/Filer/USAddress/AddressLine1Txt0149 Whitwood Circle
ReturnHeader/Filer/USAddress/CityNm0Columbia
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029212
ReturnHeader/ReturnTs02021-03-06T23:22:05-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,195
Liabilities
$0
Net assets
$4,195
Revenue
$18
Expenses
$292
Net income
-$274
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet 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