Civic Intelligence

Promise 418 Project

990EZ • Fiscal year 2022 • EIN 86-1723276

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 13, 2023

Organization ProfileN/A
840 Frenchtown RoadArgyle, TX 76226

(682) 209-0216

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.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

7th percentile

-86%

Higher net margin than 7% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

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.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

3rd percentile

-93%

Faster asset growth than 3% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

10th percentile

-55%

Faster revenue growth than 10% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$3,458

Down $46,347 (-93%) from 2021

Net Assets

Down

$3,458

Down $46,347 (-93%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin7th percentile

Revenue

Down

$53,701

Down $66,315 (-55%) from 2021

Expenses

Up

$100,048

Up $29,837 (+42%) from 2021

Net Income

Down

-$46,347

Down $96,152 (-193%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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

$60K$40K$20K$0Assets 2021: $49,805Liabilities 2021: $0Net Assets 2021: $49,8052021Assets 2022: $3,458Liabilities 2022: $0Net Assets 2022: $3,4582022Assets 2023: $4,329Liabilities 2023: $0Net Assets 2023: $4,3292023

Highlighted filing

2022

Assets$3,458
Liabilities$0
Net Assets$3,458
Open 2022 Filing

Operations Trend

Revenue Growth10th percentile

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

$150K$100K$50K$0-$50KRevenue 2021: $120,016Expenses 2021: $70,211Net Income 2021: $49,8052021Revenue 2022: $53,701Expenses 2022: $100,048Net Income 2022: -$46,3472022Revenue 2023: $57,914Expenses 2023: $57,043Net Income 2023: $8712023

Highlighted filing

2022

Revenue$53,701
Expenses$100,048
Net Income-$46,347
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 13, 2023
Return Version
2022v5.0
Gross Receipts
$53,701
Mission and Program Overview

Mission

To provide humaitarian support through activities including, but not limited to, water well projects, immigration assistance, affordable housing and digital literacy for advancement

Program Services

DescriptionGrantsExpenses
Humanitarian support for affordable housing and literacyadvancement$0$53,701
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Scott CarpusPresidentFT$0--
Mark MangrumSecretaryPT$0--
John AkosVPPT$0--
Filing and Contact Details

Filer

Filer Name
Promise 418 Project
EIN
86-1723276
Phone
6822090216
Address
840 Frenchtown Road, ARGYLE, TX 76226

Signing Officer

Name
Scott Carpus
Title
President
Phone
6822090216
Signed
2023-04-13

Preparer

Firm
Rand McMicken & Associates PC
Address
6021 Morriss Rd suite 104, Flower Mound, TX 75028
Preparer
Rand McMicken CPA
Phone
9723552722
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Program services 98405.”

Raw XML Appendix141 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Scott Carpus
IRS990EZ/BooksInCareOfDetail/PhoneNum06822090216
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0840 Frenchtown Road
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Argyle
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd076226
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt049805
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt03458
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt053701
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-46347
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01643
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt049805
IRS990EZ/Form990TotalAssetsGrp/EOYAmt03458
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt053701
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt049805
IRS990EZ/NetAssetsOrFundBalancesEOYAmt03458
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt049805
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt03458
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt120.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt220.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Scott Carpus
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Mark Mangrum
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2John Akos
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VP
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt098405
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To provide humaitarian support through activities including, but not limited to, water well projects, immigration assistance, affordable housing and digital literacy for advancement
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Humanitarian support for affordable housing and literacyadvancement
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt053701
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0100048
IRS990EZ/TotalProgramServiceExpensesAmt053701
IRS990EZ/TotalRevenueAmt053701
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt053701
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0120016
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0173717
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt0173717
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt053701
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0120016
IRS990ScheduleA/Total509Grp/TotalAmt0173717
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0173717
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Program services 98405.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Scott Carpus
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum06822090216
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Promise 418 Project
ReturnHeader/Filer/BusinessNameControlTxt0PROM
ReturnHeader/Filer/EIN0861723276
ReturnHeader/Filer/PhoneNum06822090216
ReturnHeader/Filer/USAddress/AddressLine1Txt0840 Frenchtown Road
ReturnHeader/Filer/USAddress/CityNm0ARGYLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd076226
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461730445
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Rand McMicken & Associates PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06021 Morriss Rd suite 104
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Flower Mound
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075028
ReturnHeader/PreparerPersonGrp/PhoneNum09723552722
ReturnHeader/PreparerPersonGrp/PreparationDt02023-04-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Rand McMicken CPA
ReturnHeader/ReturnTs02023-04-15T09:39:29-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Scott
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Carpus
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,458
Liabilities
$0
Net assets
$3,458
Revenue
$53,701
Expenses
$100,048
Net income
-$46,347
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$0.58$0.57$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.54$1.00$0.46
2021Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$1.20$0.70$0.50