Civic Intelligence

Promise54

990 • Fiscal year 2020 • EIN 82-4119782

Oct 01, 2019 to Sep 30, 2020 • Filed on Aug 13, 2021

Organization ProfilePROMISE54.ORG

View Organization Page

1875 K St NW 4th FLWashington, DC 20006

(404) 895-3745

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.20x

Higher debt load relative to assets than 53% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

39th percentile

0.15x

Higher debt load relative to revenue than 39% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

91st percentile

52%

Higher net margin than 91% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

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

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

99th percentile

770%

Faster asset growth than 99% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

99th percentile

1055%

Faster revenue growth than 99% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets53rd percentile

Assets

Up

$5,630,017

Up $4,983,040 (+770%) from 2019

Net Assets

Up

$4,527,808

Up $3,880,831 (+600%) from 2019

Liabilities

Up

$1,102,209

Up $1,102,209 from 2019

Revenue And Expenses
Liabilities / Revenue39th percentileNet Margin91st percentile

Revenue

Up

$7,524,900

Up $6,873,615 (+1055%) from 2019

Expenses

Up

$3,644,069

Up $3,639,761 (+84488%) from 2019

Net Income

Up

$3,880,831

Up $3,233,854 (+500%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

$15M$10M$5.0M$0Assets 2019: $646,977Liabilities 2019: $0Net Assets 2019: $646,9772019Assets 2020: $5,630,017Liabilities 2020: $1,102,209Net Assets 2020: $4,527,8082020Assets 2021: $6,091,539Liabilities 2021: $914,050Net Assets 2021: $5,177,4892021Assets 2022: $10,710,474Liabilities 2022: $879,952Net Assets 2022: $9,830,5222022Assets 2023: $6,346,098Liabilities 2023: $475,566Net Assets 2023: $5,870,5322023Assets 2024: $4,177,333Liabilities 2024: $2,043,115Net Assets 2024: $2,134,2182024

Highlighted filing

2020

Assets$5,630,017
Liabilities$1,102,209
Net Assets$4,527,808
Open 2020 Filing

Operations Trend

Revenue Growth99th percentile

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

$10M$5.0M$0-$5.0MRevenue 2019: $651,285Expenses 2019: $4,308Net Income 2019: $646,9772019Revenue 2020: $7,524,900Expenses 2020: $3,644,069Net Income 2020: $3,880,8312020Revenue 2021: $5,405,202Expenses 2021: $4,755,522Net Income 2021: $649,6802021Revenue 2022: $9,021,754Expenses 2022: $4,368,721Net Income 2022: $4,653,0332022Revenue 2023: $3,460,733Expenses 2023: $5,375,911Net Income 2023: -$1,915,1782023Revenue 2024: $2,631,864Expenses 2024: $5,537,434Net Income 2024: -$2,905,5702024

Highlighted filing

2020

Revenue$7,524,900
Expenses$3,644,069
Net Income$3,880,831
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Aug 13, 2021
Return Version
2019v5.2
Gross Receipts
$7,524,900
Mission and Program Overview

Mission

We help adults to thrive so they can do their best work for students.

We help adults to thrive so they can do their best work.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$4,183$2,603,069▲ $2,598,886
Savings and Temporary Cash Investments$640,784$1,793,548▲ $1,152,764
Pledges and Grants Receivable-$700,000-
Accounts Receivable-$417,837-
Prepaid Expenses and Deferred Charges$0$113,553▲ $113,553
Loans From Officers Directors-$1,860-
Total Assets$646,977$5,630,017▲ $4,983,040
Other Assets Total$2,010$2,010→ $0
Liabilities
Other Liabilities$0$480,393▲ $480,393
Accounts Payable and Accrued Expenses-$331,666-
Deferred Revenue-$288,290-
Total Liabilities$0$1,102,209▲ $1,102,209
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$646,977$2,526,791▲ $1,879,814
Net Assets With Donor Restrictions-$2,001,017-
Total Net Assets Fund Balance$646,977$4,527,808▲ $3,880,831
Total Liabilities and Net Assets / Fund Balance$646,977$5,630,017▲ $4,983,040
Compensation and Service Providers
Top Officer Pay21st percentile

Board Members and Trustees

NameTitle
Kriste DragonPresident (since 03/20)
Leslye LouiePresident/treasurer (until 3/20)
Anne EidelmanVice President
E Xiomara PadamseeChief Executive Officer
Latricia BarksdaleChief Operating Officer
Heather HardingSecretary (since 12/19)
Laura SmithSecretary (until 12/19)
April ChouTreasurer (since 3/20)
Revenue and Support

Revenue Composition

Contributions and Grants
$4,835,106
Program Service Revenue
$2,688,695
Investment Income
$1,099
Other Revenue
$0
All Other Contributions
$4,825,106
Change in Net Assets
$3,880,831

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,524,900
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$7,524,900
Total Revenue per Form 990
$7,524,900
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,931,830
Other Expenses$712,239
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$950,289$1,162,112-$2,112,401
Current Officers, Directors, Trustees, and Key Employees$122,843$303,362-$426,205
Fees for Services Other$185,810$160,819-$346,629
Payroll Taxes$79,212$101,598-$180,810
Other Employee Benefits$26,061$121,161-$147,222
Travel$65,698$61,619-$127,317
Fees for Services Accounting-$85,330-$85,330
Pension Plan Contributions-$65,192-$65,192
Office Expenses$13,957$45,810-$59,767
Conferences and Meetings$1,871$20,467-$22,338
Occupancy-$11,986-$11,986
Information Technology$256$10,377-$10,633
Fees for Services Legal-$10,194-$10,194
Insurance-$3,663-$3,663
Interest-$2,092-$2,092
Advertising$500$10-$510
Other Expenses$318$5,235-$318
Total Functional Expenses$1,449,015$2,195,054$0$3,644,069

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,644,069
Total Expenses per Audited Statements$3,644,069
Total Expenses per Form 990$3,644,069
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$1,860-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Paycheck Protection Program Loan$480,393
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“The organization does not have any committees that have the authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, Line 11B

“The prepared form 990 is reviewed by the coo, ceo, and the members of the governing body prior to filing the return with the irs.”

Form 990, Part VI, Section B, Line 12C

“In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Promise54
EIN
82-4119782
Phone
4048953745
Address
1875 K ST NW 4TH FL, WASHINGTON, DC 20006

Signing Officer

Name
E Xiomara Padamsee
Title
Chief Executive Officer
Phone
4048953745
Signed
2021-08-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
E Xiomara Padamsee
Formed
2017
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
4
Employees
0
Volunteers
5

Preparer

Firm
Wegner Cpas Llp
Address
2921 LANDMARK PL STE 300, MADISON, WI 53713-4236
Preparer
Kate Serpe CPA
Phone
6082744020
Raw XML AppendixShowing 400 of 418 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.

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IRS990/MissionDesc0WE PARTNER WITH PEOPLE AND ORGANIZATIONS TO SOLVE THEIR TOUGHEST TALENT-RELATED CHALLENGES. WE BELIEVE ORGANIZATIONS WILL BEST MAXIMIZE THEIR IMPACT AND TRULY THRIVE WHEN THEIR TEAMS ARE DIVERSE, THEIR CULTURES ARE INCLUSIVE, AND THEIR PRACTICES MODEL THE EQUITY THEY WISH TO SEE IN THE WORLD. WE SUPPORT ORGANIZATIONS THROUGH VISION-SETTING/PLANNING AROUND TALENT SYSTEMS, TALENT RECRUITMENT, SELECTION STRATEGY AND INDIVIDUAL AND TEAM COACHING AND BY CENTERING DIVERSITY, EQUITY AND INCLUSION IN OUR APPROACH.
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02688695
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0651000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0185
IRS990/PYOtherExpensesAmt04308
IRS990/PYOtherRevenueAmt0100
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0646977
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt04308
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0651285
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt03880831
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02688695
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0640784
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01793548
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04835106
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0651000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05486106
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01099
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0185
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01284
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02710145
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt02859846
IRS990ScheduleA/SubstantialContributorsTotAmt02626260
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04835106
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0651000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05486106
IRS990ScheduleA/TotalSupportAmt05487390
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03644069
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0480393
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYCHECK PROTECTION PROGRAM LOAN
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt07524900
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt03644069
IRS990ScheduleD/TotalLiabilityAmt0480393
IRS990ScheduleD/TotalRevenuePerForm990Amt07524900
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07524900
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03644069
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt01589
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt1271
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0E XIOMARA PADAMSEE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt1LATRICIA BARKSDALE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt01589
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt1271
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0CEO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1COO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd10
IRS990ScheduleL/TotalBalanceDueAmt01860
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES THAT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PREPARED FORM 990 IS REVIEWED BY THE COO, CEO, AND THE MEMBERS OF THE GOVERNING BODY PRIOR TO FILING THE RETURN WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0646977
IRS990/TotalAssetsEOYAmt05630017
IRS990/TotalAssetsGrp/BOYAmt0646977
IRS990/TotalAssetsGrp/EOYAmt05630017
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt04835106
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02195054
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01449015
IRS990/TotalFunctionalExpensesGrp/TotalAmt03644069
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt01102209
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt01102209
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0646977
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04527808
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01449015
IRS990/TotalProgramServiceRevenueAmt02688695
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01099
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02688695
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt07524900
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0646977
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05630017
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt061619
IRS990/TravelGrp/ProgramServicesAmt065698
IRS990/TravelGrp/TotalAmt0127317
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01875 K ST NW 4TH FL
IRS990/USAddress/CityNm0WASHINGTON
IRS990/USAddress/StateAbbreviationCd0DC
IRS990/USAddress/ZIPCd020006
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0PROMISE54.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0E XIOMARA PADAMSEE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF EXECUTIVE OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum04048953745
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PROMISE54
ReturnHeader/Filer/BusinessNameControlTxt0PROM
ReturnHeader/Filer/EIN0824119782

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$5,630,017
Liabilities
$1,102,209
Net assets
$4,527,808
Revenue
$7,524,900
Expenses
$3,644,069
Net income
$3,880,831
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.18$2.04$2.13$2.63$5.54$2.91
2023Detailed filing. Detailed filing data is available for this year.$6.35$0.48$5.87$3.46$5.38$1.92
2022Detailed filing. Detailed filing data is available for this year.$10.7$0.88$9.83$9.02$4.37$4.65
2021Detailed filing. Detailed filing data is available for this year.$6.09$0.91$5.18$5.41$4.76$0.65
2020Detailed filing. Detailed filing data is available for this year.$5.63$1.10$4.53$7.52$3.64$3.88
2019Detailed filing. Detailed filing data is available for this year.$0.65$0.00$0.65$0.65$0.00$0.65