Community Promise
- Assets
- $0.0
- Revenue
- $478.0
- Investments
- $0.0
- Employees
- 0
- Location
- Manhattan Beach, CA
- Founding
- 01/2015
- Data as of
- 09/2021
- EIN
- 47-2250335
Organization Overview
Community Promise is located in Manhattan Beach, CA. The organization was established in 2015. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Promise 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 09/2021, Community Promise generated $478.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (33.0%) each year. All expenses for the organization totaled $34.7k during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO COLLECT NEW AND USED BOOKS DISTRIBUTE THEM TO CHILDREN WHO MIGHT NOT OTHERWISE HAVE ACCESS USE NETWORD EXISTING SOCIAL SERVICES TO IDENTIFY AREAS OF
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sunni Won Secretary | 10 | $0 | |
Susan Torf President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $205 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $273 |
| Total Revenue | $478 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,121 |
| Total operating and administrative expenses | $1,121 |
| Contributions, gifts, grants paid | $33,579 |
| Total expenses and disbursements | $34,700 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Community Promise has awarded $33,579 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
SANTA MONICA CITY COLLEGE PURPOSE: EDUCATIONAL SCHOLARSHIP | $7,211 |
MONTSERRAT NAVARRO PURPOSE: EDUCATIONAL SCHOLARSHP | $3,468 |
JILDER GARCIA PURPOSE: EDUCATION SCHOLARSHIP | $2,850 |
CITLALLI HUWRTA PURPOSE: EDUCATION SCHOLARSHIP | $2,500 |
JAYA HODGES PURPOSE: EDUCATION SCHOLARSHIP | $2,500 |
DANIEL RAMOS PURPOSE: EDUCATION SCHOLARSHIP | $2,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Community Promise has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
Pipkin Charitable Foundation Los Angeles, CA PURPOSE: EDUCATION | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mission Graduates San Francisco, CA | $3,883,649 | $11,314,485 |
New Tech Network Inc Napa, CA | $12,877,956 | $13,662,524 |
Oregon State University Bookstore Inc Corvallis, OR | $21,771,941 | $7,845,956 |
D-Veal Corporation Pasadena, CA | $1,060,148 | $8,616,279 |
Interfaith Food Center Santa Fe Springs, CA | $886,631 | $8,408,786 |
Educational Results Partnership Sacramento, CA | $3,391,130 | $3,866,159 |
Caremessage San Francisco, CA | $6,898,629 | $10,594,129 |
Core Districts Sacramento, CA | $6,393,095 | $5,685,377 |
Golden Oak Manor Inc San Rafael, CA | $6,249,784 | $2,003,606 |
Great Schools Oakland, CA | $7,609,862 | $7,265,817 |
Krishnamurti Foundation Of America Ojai, CA | $22,733,615 | $8,821,741 |
North Valley Christian Academy Phoenix, AZ | $21,880,412 | $8,715,772 |