Pensacolas Promise Inc
- Assets
- $33.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pensacola, FL
- Founding
- 03/2007
- Data as of
- 09/2023
- EIN
- 20-5966578
Organization Overview
Pensacolas Promise Inc is located in Pensacola, FL. The organization was established in 2007. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pensacolas Promise 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 09/2023, Pensacolas Promise Inc generated $158.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $174.3k during the year ending 09/2023. While expenses have increased by 4.8% 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
2023
Describe the Organization's Program Activity:
Part 3
CHAIN REACTION (CR) HAS GAINED REPUTATION AS THE PREMIER TEEN LEADERSHIP AND EXPERIENTIAL EDUCATION ORGANIZATION FOR TEENS. EDUCATION THROUGH APPLIED SERVICE LEARNING AND CIVIC PROJECTS TEACHES OUR TEENS IMPORTANT LIFE SKILLS AND CHARACTER DEVELOPMENT. CR'S CURRICULUM LAYS THE FOUNDATION THAT PREPARES TEENS FOR THE REAL WORLD AND IS RECOGNIZED AS A PROVEN FORCE FOR CREATING A POSITIVE, MEASURABLE IMPACT FOR TEEN SUCCESS. CR IS TEEN- DRIVEN AND TEEN-ORGANIZED, OFFERING A SAFE, FUN, AND INCLUSIVE ENVIRONMENT TO EMPOWER TEENS TO IDENTIFY THEIR PASSIONS, DISCOVER PURPOSE, AND PROPEL PERSONAL GROWTH AND LEADERSHIP SKILLS. CR CREATES A PLACE WHERE TEENS CAN MAKE AN IMPACT BEYOND THEMSELVES, AND USE THESE VALUABLE SKILL SETS TO POSITIVELY IMPACT THEIR COMMUNITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lou Tungol Board Chair | 3 | $0 | |
Joy Barnes Vice Board C | 3 | $0 | |
Triston P Long Treasurer | 3 | $0 | |
Thu-Hong Nguyen Secretary | 3 | $0 | |
John Jack Terhaar Board Member | 3 | $0 | |
Tony Garrett Board Member | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $151,535 |
| Total Program Service Revenue | $8,163 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$1,566 |
| Other Revenue | $0 |
| Total Revenue | $158,132 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $126,600 |
| Professional fees and other payments to independent contractors | $3,756 |
| Occupancy, rent, utilities, and maintenance | $10,050 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $33,940 |
| Total expenses | $174,346 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,003 |
| Other assets | $0 |
| Total assets | $33,003 |
| Total liabilities | $3,892 |
| Net assets or fund balances | $29,111 |