Civic Intelligence

Felicias Promise Incorporated

EIN 85-3130808 • 501(c)3 • Brooklyn, NY

Pub. 78 Eligible

Profile

Felicias promise works to provide technical and non-technical resources and training to prepare young women on steam career paths with communication, entrepreneurship, leadership, and other necessary skills that the organization deems necessary to uphold its mission.

186 Madison StBrooklyn, NY 11216

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

15th percentile

-45%

Higher net margin than 15% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

13th percentile

-85%

Faster asset growth than 13% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

28th percentile

-29%

Faster revenue growth than 28% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$6,361

Down $35,474 (-85%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$6,361

Down $35,474 (-85%) from 2023

Revenue

Down

$79,433

Down $33,072 (-29%) from 2023

Expenses

Up

$114,825

Up $32,698 (+40%) from 2023

Net Income

Down

-$35,392

Down $65,770 (-217%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0Assets 2021: $14,141Liabilities 2021: $0Net Assets 2021: $14,1412021Assets 2022: $11,457Liabilities 2022: $0Net Assets 2022: $11,4572022Assets 2023: $41,835Liabilities 2023: $0Net Assets 2023: $41,8352023Assets 2024: $6,361Liabilities 2024: $0Net Assets 2024: $6,3612024

Highlighted filing

2024

Assets$6,361
Liabilities$0
Net Assets$6,361

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2021: $12,920Expenses 2021: $4,711Net Income 2021: $8,2092021Revenue 2022: $110,420Expenses 2022: $113,104Net Income 2022: -$2,6842022Revenue 2023: $112,505Expenses 2023: $82,127Net Income 2023: $30,3782023Revenue 2024: $79,433Expenses 2024: $114,825Net Income 2024: -$35,3922024

Highlighted filing

2024

Revenue$79,433
Expenses$114,825
Net Income-$35,392

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 16, 2025
Return Version
2024v5.2
Gross Receipts
$79,433
Mission and Program Overview

Mission

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$41,835$6,361▼ $35,474
Total Assets$41,835$6,361▼ $35,474
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$41,835$6,361▼ $35,474
Total Net Assets Fund Balance$41,835$6,361▼ $35,474
Total Liabilities and Net Assets / Fund Balance$41,835$6,361▼ $35,474
Compensation and Service Providers

Board Members and Trustees

NameTitle
Argie Moutafis AgelarakisChairperson
Malini ShahCo Chairperson
Selina GreyBoard Secretary
Felicia FonroseExecutive Director
Sabrina PerryTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$79,433
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$66,933
Change in Net Assets
$-35,392

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$111,075
Professional Fundraising Fees$3,750
Total Fundraising Expense$3,750
Grants and Similar Amounts Paid$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$21,600$5,400$0$27,000
Fees for Services Other$6,347$475$0$6,822
Other Expenses$5,400$0$0$5,400
Advertising$3,595$899$0$4,494
Fees for Services Accounting$3,320$830$0$4,150
Fees for Services Professional Fundraising--$3,750$3,750
Office Expenses$2,878$719$0$3,597
Insurance$1,153$288$0$1,441
Travel$876$219$0$1,095
Total Functional Expenses$102,245$8,830$3,750$114,825
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$3,750
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Felicias Promise Inc
EIN
85-3130808
Phone
9179459610
Address
186 Madison St, Brooklyn, NY 11216

Signing Officer

Name
Felicia Fonrose
Title
Executive Director
Phone
9179459610
Signed
2025-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Felicia Fonrose
Formed
2020
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
25

Preparer

Firm
Eric Amato CPA PLLC
Address
225 Gervil St, Staten Island, NY 10309
Preparer
Eric Amato
Phone
9175958691
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

No review was or will be conducted

Pt VI, Line 15A

Yes

Pt VI, Line 15B

Yes

Pt VI, Line 19

Upon Request

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