Charleston Promise Neighborhood
- Assets
- $2.0m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 10
- Location
- Charleston, SC
- Founding
- 08/2011
- Data as of
- 06/2023
- EIN
- 80-0597710
Organization Overview
Charleston Promise Neighborhood is located in Charleston, SC. The organization was established in 2011. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2023, Charleston Promise Neighborhood employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charleston Promise Neighborhood 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 06/2023, Charleston Promise Neighborhood generated $1.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $1.5m during the year ending 06/2023. While expenses have increased by 1.8% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AND FACILITATE COMPREHENSIVE PROGRAMS AND SERVICES THAT SUPPORT CHILDREN, STRENGTHEN FAMILIES, AND MOBILIZE RESIDENTS TO ACTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPANDED LEARNING TIME PROGRAMS: OUR AFTERSCHOOL PROGRAMS OPERATE MONDAY THROUGH FRIDAY AND USE INNOVATIVE TECHNIQUES TO CLOSE THE ACHIEVEMENT GAP FOR APPROXIMATELY 200 STUDENTS IN GRADES PRE-K THROUGH FIFTH. DURING THE ACADEMIC BLOCK, CERTIFIED TEACHERS WORK WITH SMALL GROUPS OF STUDENTS TO SUPPORT THEM IN THE COMPLETION OF THEIR HOMEWORK AND PRACTICE SKILLS LEARNED IN SCHOOL DAY LESSONS. DURING THE EXTRACURRICULAR ENRICHMENT BLOCK, STUDENTS PARTICIPATE IN ACTIVITIES THAT INCREASE FINE MOTOR SKILLS, BROADEN STEM SKILLS, AND EXPOSE THEM TO ALL FORMS OF ART. THE SUMMER PROGRAMS SERVE ABOUT 300 STUDENTS AND INCLUDE SMALL GROUP LEARNING, EXTRACURRICULAR ENRICHMENT AND FIELD TRIPS. CONTINUED ON SCHEDULE O
OTHER PROGRAMS
COMMUNITY AND PARENT ENGAGEMENT: ENSURING NEIGHBORHOOD RESIDENTS HAVE A SEAT AT THE DECISION-MAKING TABLE IS A PRIORITY FOR CHARLESTON PROMISE NEIGHBORHOOD. THE COMMUNITY ENGAGEMENT COUNCIL MEETS REGULARLY TO PLAN RESIDENT ENGAGEMENT STRATEGIES, GATHER INFORMATION, AND HOST DISCUSSIONS ON TOPICS THAT ARE IMPORTANT TO THE RESIDENTS. IN ADDITION, OUR ORGANIZATION WORKS CLOSELY WITH NEIGHBORHOOD ASSOCIATION PRESIDENTS TO INCREASE ATTENDANCE AT MEETINGS AND KEEP RESIDENTS INFORMED ABOUT NEIGHBORHOOD CHALLENGES AND IMPROVEMENTS. CHARLESTON PROMISE NEIGHBORHOOD ALSO HOSTS A SERIES OF FAMILY ENGAGEMENT NIGHTS TO ENGAGE SCHOLARS AND THEIR FAMILIES WITH THE SCHOOL. CONTINUED ON SCHEDULE O
KIDSWELL COMMUNITY HEALTH: STARTED IN 2011, OUR COMMUNITY HEALTH PROGRAM, NAMED KIDSWELL, INCLUDES HAVING A NURSE PRACTITIONER AND A PHYSICIAN ON-SITE ONE OR TWO DAYS A WEEK AT EACH OF OUR SCHOOLS. WE PARTNER WITH MEDICAL UNIVERSITY OF SOUTH CAROLINA AND FETTER HEALTH CARE NETWORK TO PROVIDE THESE SERVICES TO THE STUDENTS. THIS PROGRAM OFFERS THE CONVENIENCE OF TREATING A CHILD WHILE AT SCHOOL, SO THE PARENT DOESN'T NEED TO TAKE TIME OFF FROM WORK AND THE STUDENT SPENDS MORE TIME IN THE CLASSROOM. THE PROGRAM IS AVAILABLE TO ALL STUDENTS AT THE SCHOOL AND ACCEPTS MEDICAID INSURANCES. CONTINUED ON SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debra Romano Chair | OfficerTrustee | 5 | $0 |
Clara Fuqua Vice Chair | OfficerTrustee | 1 | $0 |
R Keith Sauls Treasurer | OfficerTrustee | 1 | $0 |
Mindy Sturm Secretary | OfficerTrustee | 1 | $0 |
Monique Brown Director | Trustee | 1 | $0 |
Meredith Johnson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $862,245 |
| All other contributions, gifts, grants, and similar amounts not included above | $574,155 |
| Noncash contributions included in lines 1a–1f | $3,550 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,436,400 |
| Total Program Service Revenue | $0 |
| Investment income | $4,424 |
| 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 | $1,440,824 |
| 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. | $136,918 |
| Compensation of current officers, directors, key employees. | $36,968 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $451,881 |
| Pension plan accruals and contributions | $7,782 |
| Other employee benefits | $46,830 |
| Payroll taxes | $45,054 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $474 |
| Fees for services: Accounting | $13,546 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $531,357 |
| Advertising and promotion | $2,400 |
| Office expenses | $9,761 |
| Information technology | $24,368 |
| Royalties | $0 |
| Occupancy | $68,600 |
| Travel | $16,882 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $24,239 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,463 |
| All other expenses | $0 |
| Total functional expenses | $1,458,719 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,225,504 |
| Savings and temporary cash investments | $515,320 |
| Pledges and grants receivable | $246,217 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,987,041 |
| Accounts payable and accrued expenses | $126,318 |
| 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 | $126,318 |
| Net assets without donor restrictions | $1,747,223 |
| Net assets with donor restrictions | $113,500 |
| 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 | $1,987,041 |