American Promise Inc is located in Concord, MA. The organization was established in 2016. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, American Promise Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Promise Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, American Promise Inc generated $872.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $723.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO EMPOWER, INSPIRE AND ORGANIZE AMERICANS TO WIN THE 28TH AMENDMENT TO THE CONSTITUTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AMERICAN PROMISE, INC. EMPOWERS, INSPIRES, AND ORGANIZES AMERICANS TO WIN THE CAUSE OF OUR TIME: THE 28TH AMENDMENT. THIS HISTORIC REFORM WILL REBALANCE OUR POLITICS AND GOVERNMENT BY PUTTING THE RIGHTS OF INDIVIDUAL CITIZENS AND THE INTERESTS OF THE NATION BEFORE THE PRIVILEGES OF CONCENTRATED MONEY, CORPORATIONS, UNIONS, POLITICAL PARTIES, AND SUPERPACS. AMERICAN PROMISE LEADS THE NON-PARTISAN, FIFTY-STATE CAMPAIGN FOR THE 28TH AMENDMENT SO THAT PEOPLE, NOT MONEY, GOVERN AMERICA.AMERICAN PROMISE, INC. FOCUSES ITS ADVOCACY AND ORGANIZING PROGRAMS IN THE FOLLOWING FIVE AREAS, FULLY DESCRIBED IN SCHEDULE O.CITIZEN EMPOWERMENT:AMERICAN PROMISE'S CITIZEN EMPOWERMENT PROGRAMMING FOCUSES ON BUILDING A DISTRIBUTED, DECENTRALIZED NETWORK TO SUPPORT, CONNECT AND AMPLIFY CROSS-PARTISAN LOCAL ACTION BY ADVOCATES TO MOVE FORWARD THE 28TH AMENDMENT IN STATE AND FEDERAL LEGISLATURES. PLEDGE CAMPAIGN:BY SECURING PLEDGES FROM CANDIDATES FOR OFFICE AND INCUMBENTS TO USE THEIR OFFICE TO WORK FOR A 28TH AMENDMENT, AMERICAN PROMISE IS ABLE TO HOLD ELECTED REPRESENTATIVES TO THEIR WORD, TO ENSURE THAT THEY REPRESENT THE GOOD OF THE COUNTRY AND THE WILL OF THE PEOPLE FOR BIG, REAL REFORM THROUGH THE 28TH AMENDMENT, RATHER THAN DO THE BIDDING OF BIG DONORS AND SPECIAL INTERESTS. STATE INITIATIVES:AMERICAN PROMISE PROVIDES LEGAL EXPERTISE, ORGANIZING STRATEGY AND EXECUTION, AND DIRECT LOBBYING SUPPORT FOR STATEWIDE BALLOT CAMPAIGNS AND LOCAL AND STATE RESOLUTIONS CALLING ON CONGRESS FOR A 28TH AMENDMENT.CONGRESSIONAL INITIATIVES:AMERICAN PROMISE WORKS WITH DEMOCRAT, REPUBLICAN, AND INDEPENDENT MEMBERS OF CONGRESS TO GROW CROSS-PARTISAN SUPPORT FOR A 28TH AMENDMENT.CITIZEN CONNECTION CENTER: AMERICAN PROMISE'S CITIZENS CONNECTION CENTER IS A ONE-STOP INTERACTIVE WEBSITE FOR CITIZENS, MEDIA, ORGANIZATIONS, LEGISLATORS AND STAFF FOR EDUCATION, RESOURCES, EVENTS, LEGISLATIVE DEVELOPMENTS, CITIZEN STORY-TELLING, NEWS, OPINION PIECES AND MORE ABOUT THE BACKGROUND AND PROGRESS OF THE 28TH AMENDMENT.KEEP THE PROMISE CAMPAIGN: AT THE END OF 2020, THE ORGANIZATION COMPLETED PHASE 1 OF ITS 3 PHASE STRATEGIC PLAN. THE ORGANIZATION BUILT THE FOUNDATION, INCLUDING THE STRATEGY, ORGANIZATIONAL STRUCTURE, LEADERSHIP TEAM, PROGRAMMING, AND CITIZEN PARTICIPATION THAT SET THE STAGE FOR RAPIDLY BUILDING AND EXPANDING THE SKILLS AND ENGAGEMENT OF AMERICANS AS THE ORGANIZATION MOVED INTO PHASE 2. IN 2021, THE FIRST YEAR OF PHASE 2, AMERICAN PROMISE, INC. CONTINUED TO BUILD CAPACITY IN ITS EMPOWERMENT, COMMUNICATIONS, AND POLITICAL DEPARTMENTS, TO MOBILIZE AND ORGANIZE ITS STATE- AND NATION-WIDE MEMBERSHIP TO BUILD THE POLITICAL WILL, ADVOCACY, AND CAMPAIGNS NECESSARY FOR THE AMENDMENT TO PASS THROUGH CONGRESS. DURING 2020 AND 2021, THE ORGANIZATION EXPANDED ITS FUNDRAISING CAPABILITIES BY HIRING ADDITIONAL FUNDRAISING STAFF, DEVELOPING SYSTEMS AS WELL AS MAKING INVESTMENTS IN COMMUNICATION MATERIALS FOR THE 2021 LAUNCH OF THE KEEP THE PROMISE CAMPAIGN, A THREE-YEAR, $20 MILLION GROWTH CAMPAIGN SET TO COMPLETE IN 2023. THIS PHASE OF THE CAMPAIGN RESULTED IN AN ELEVATED LEVEL OF FUNDRAISING COSTS RELATIVE TO THE OVERALL BUDGET, WHILE PROGRAMMING CONTINUED TO BE REDUCED AS A RESULT OF THE COVID-19 IMPACT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeff Clements President And Board Member | OfficerTrustee | 8 | $0 |
John Wass Board Chair & Treasurer | OfficerTrustee | 1 | $0 |
Buff Kavelman Board Member | Trustee | 1 | $0 |
Debra Winger Board Member | Trustee | 1 | $0 |
Jim Rubens Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $872,520 |
Noncash contributions included in lines 1a–1f | $252,570 |
Total Revenue from Contributions, Gifts, Grants & Similar | $872,520 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $872,520 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $269,302 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $15,900 |
Payroll taxes | $23,307 |
Fees for services: Management | $0 |
Fees for services: Legal | $4,525 |
Fees for services: Accounting | $13,500 |
Fees for services: Lobbying | $22,500 |
Fees for services: Fundraising | $20,175 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $110,801 |
Advertising and promotion | $148,975 |
Office expenses | $25,504 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $5,553 |
Travel | $5,654 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $28,214 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $4,010 |
All other expenses | $0 |
Total functional expenses | $723,084 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $571,438 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $315,429 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $225 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $30,546 |
Total assets | $917,638 |
Accounts payable and accrued expenses | $133,760 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $133,760 |
Net assets without donor restrictions | $468,878 |
Net assets with donor restrictions | $315,000 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $917,638 |
Over the last fiscal year, we have identified 1 grants that American Promise Inc has recieved totaling $3,000.
Awarding Organization | Amount |
---|---|
Selkowitz Family Foundation Stamford, CT PURPOSE: SUPPORT OF AMERICAN DEMOCRACY | $3,000 |
Organization Name | Assets | Revenue |
---|---|---|
Thames Valley Council For Community Action Inc Jewett City, CT | $13,514,685 | $42,090,218 |
B H R A G S Homecare Inc Brooklyn, NY | $22,952,374 | $39,112,109 |
Coalition For Hispanic Family Ser Brooklyn, NY | $9,747,863 | $28,088,476 |
Community Programs Of Westchester Jewish Community Services White Plains, NY | $12,138,978 | $16,937,661 |
Sunnyside Community Services Inc Long Island City, NY | $7,213,077 | $15,496,475 |
The B E L L Foundation Inc Westwood, MA | $26,190,550 | $19,692,109 |
Marshall Project Inc New York, NY | $18,747,646 | $15,174,508 |
Nassau-Suffolk Law Services Committee Inc Hempstead, NY | $5,326,603 | $11,194,760 |
Mercy Flight Central Inc Canandaigua, NY | $14,339,659 | $14,213,717 |
Here To Here Foundation Inc Bronx, NY | $10,262,789 | $1,365,332 |
Arab-American Family Support Center Inc Brooklyn, NY | $5,221,623 | $9,617,886 |
Asian Americans For Equality Inc New York, NY | $26,601,430 | $8,393,675 |