Civic Intelligence

Promise Foundation Inc.

990EZ • Fiscal year 2023 • EIN 80-0484614

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 01, 2024

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

58th percentile

0.00x

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

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

Liabilities / Revenue

59th percentile

0.00x

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

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

Net Margin

1st percentile

-21600%

Higher net margin than 1% of similar nonprofits.

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

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

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

Asset Growth

24th percentile

-18%

Faster asset growth than 24% of similar nonprofits.

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

Revenue Growth

81st percentile

50%

Faster revenue growth than 81% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$2,873

Down $648 (-18%) from 2022

Net Assets

Down

$2,873

Down $648 (-18%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin1st percentile

Revenue

Up

$3

Up $1 (+50%) from 2022

Expenses

Up

$651

Up $599 (+1152%) from 2022

Net Income

Down

-$648

Down $598 (-1196%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth24th 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

2023

Assets$2,873
Liabilities$0
Net Assets$2,873
Open 2023 Filing

Operations Trend

Revenue Growth81st 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

2023

Revenue$3
Expenses$651
Net Income-$648
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 1, 2024
Return Version
2023v5.0
Gross Receipts
$3
Mission and Program Overview

Mission

Financial Support Merit and Need Base

Program Services

DescriptionGrantsExpenses
The Promise Foundation provided (2) contributions during this period$0$652
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michiko JohnsonCEO And Founder-$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 Johnson
Title
CEO/Founder
Phone
8033181387
Signed
2024-04-01
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

“Bank Interest Revenue”

Form 990-EZ, Part I, Line 10

“The Promise Foundation provide (2) two contributions during this period”

Form 990-EZ, Part I, Line 16

“SC Secretary of State Filing Fees”

Raw XML Appendix142 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Michiko Noble Johnson
IRS990EZ/BooksInCareOfDetail/PhoneNum08033181387
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0149 Whitwood Circle
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Columbia
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd029212
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03521
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt02873
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-648
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt00
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt03521
IRS990EZ/Form990TotalAssetsGrp/EOYAmt02873
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt0600
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt03
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt03521
IRS990EZ/NetAssetsOrFundBalancesEOYAmt02873
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt03521
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt02873
IRS990EZ/OccupancyRentUtltsAndMaintAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Michiko Johnson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO and Founder
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt051
IRS990EZ/OtherRevenueTotalAmt03
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Financial Support Merit and Need Base
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The Promise Foundation provided (2) contributions during this period
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0652
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0SC
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0651
IRS990EZ/TotalProgramServiceExpensesAmt0652
IRS990EZ/TotalRevenueAmt03
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt06
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt018
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt016
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt045
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01
IRS990ScheduleA/PublicSupportPY170Pct01
IRS990ScheduleA/PublicSupportTotal170Amt045
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt06
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt018
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt016
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt045
IRS990ScheduleA/TotalSupportAmt045
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Bank Interest Revenue
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Promise Foundation provide (2) two contributions during this period
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SC Secretary of State Filing Fees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Michiko Johnson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO/Founder
ReturnHeader/BusinessOfficerGrp/PhoneNum08033181387
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-01
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/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02024-04-01T02:42:05-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Michiko
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Johnson
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$2,873
Liabilities
$0
Net assets
$2,873
Revenue
$3
Expenses
$651
Net income
-$648
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