Promise The Children Inc
- Assets
- $5.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Nahant, MA
- Founding
- 03/2001
- Data as of
- 06/2022
- EIN
- 04-3521644
Organization Overview
Promise The Children Inc is located in Nahant, MA. The organization was established in 2001. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Promise The Children Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Promise The Children Inc generated $11.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $12.4k during the year ending 06/2022. While expenses have increased by 18.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE FUNDING OF PUBLIC AND PRIVATE PROGRAMS THATSUPPORT U.S. CHILDREN AND THEIR FAMILIES WHO EARN LOW WAGES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shannon Falvey President | 5 | $4,800 | |
Josh Leach Board Member | 1 | $0 | |
Donna Mclain Board Member | 1 | $0 | |
Rebekah Richardson Clerk | 15 | $0 | |
Natasha Megie Maddrey Treasurer | 1 | $0 | |
Nicole Simonson Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,213 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $11,213 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $4,800 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,598 |
| Total expenses | $12,398 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,173 |
| Other assets | $0 |
| Total assets | $5,173 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,173 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Promise The Children Inc has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Surdna Foundation Inc New York, NY PURPOSE: GENERAL SUPPORT | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Committee For Hispanic Children And Families Inc New York, NY | $4,931,284 | $10,533,775 |
The Child And Family Guidance Center Inc Bridgeport, CT | $5,207,889 | $9,654,228 |
Edwin Gould Services For Children And Families Brooklyn, NY | $7,336,131 | $8,837,922 |
Pathways For Children Inc Gloucester, MA | $7,974,562 | $9,440,067 |
The Carver Inc Norwalk, CT | $6,463,628 | $9,148,102 |
East Boston Social Centers Inc East Boston, MA | $7,986,509 | $8,336,399 |
North American Family Institute Inc Stoneham, MA | $8,876,686 | $7,848,572 |
Aspira Of New York,inc New York, NY | $3,261,999 | $6,757,206 |
Kulanu Academy Cedarhurst, NY | $13,872,438 | $6,279,639 |
Room To Grow National Inc Bronx, NY | $10,388,634 | $5,068,813 |
Maspeth Town Hall Inc Maspeth, NY | $2,166,198 | $4,756,819 |
The Albany Damien Center Inc Albany, NY | $7,996,553 | $6,134,584 |