Promise Youth Development Inc
- Assets
- $79.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mint Hill, NC
- Founding
- 03/2016
- Data as of
- 12/2022
- EIN
- 81-1096615
Organization Overview
Promise Youth Development Inc is located in Mint Hill, NC. The organization was established in 2016. 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. Promise Youth Development 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 12/2022, Promise Youth Development Inc generated $86.0k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $95.5k during the year ending 12/2022. 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
MENTORING OF 52 YOUTH PROVIDING SOCIAL EMOTIONAL SUPPORT AND HOT MEALS ASSITED YOUTH IN INDENTIFYING STRESS AND IMPLEMENTING EFFECTIVE COPINGSTRESS MANAGEMENT
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bridgett Johnson Franklin President | 0 | $0 | |
Andrew Boyd Vice President | 0 | $0 | |
Allyson James Secretary | 0 | $0 | |
Shakiri Weathers Treasurer | 0 | $0 | |
Tesha Boyd Executive Director | 0 | $55,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,942 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $13 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $85,955 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,923 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $166 |
| Other expenses | $90,442 |
| Total expenses | $95,531 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $76,266 |
| Other assets | $0 |
| Total assets | $79,211 |
| Total liabilities | $0 |
| Net assets or fund balances | $79,211 |