Promise Fund Of Florida Inc
- Assets
- $4.2m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 15
- Location
- West Palm Beach, FL
- Founding
- 05/2019
- Data as of
- 12/2023
- EIN
- 83-0535519
Organization Overview
Promise Fund Of Florida Inc is located in West Palm Beach, FL. The organization was established in 2019. According to its NTEE Classification (G30) the organization is classified as: Cancer, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2023, Promise Fund Of Florida Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Promise Fund Of Florida 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 12/2023, Promise Fund Of Florida Inc generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $2.7m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Promise Fund Of Florida Inc has awarded 40 individual grants totaling $3,226,231. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE PROMISE FUND OF FLORIDA IS TO HELP WOMEN OVERCOME FINANCIAL AND CULTURAL BARRIERS TO IMPROVE HEALTH EQUITY AND REDUCE DEATHS FROM LATE-STAGE BREAST AND CERVICAL CANCER THROUGHOUT SOUTH FLORIDA. THE PROMISE FUND CO-LOCATED A WOMEN'S HEALTH PROGRAM IN A FEDERALLY QUALIFIED HEALTH CENTER (MAMMOGRAPHY, ULTRASOUND AND CERVICAL HEALTH SERVICES) IN WEST PALM BEACH, FLORIDA WHICH HAS INCREASED HEALTH EQUITY, ACCESS AND EARLY DETECTION SCREENING RATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROMISE FUND OF FLORIDA HAS DEVELOPED A TEAM OF PATIENT NAVIGATORS WHO CONDUCT OUTREACH, EDUCATION AND FACILITATE ACCESS TO EARLY DETECTION AND SCREENING FOR BREAST AND CERVICAL CANCER. TO OVERCOME BARRIERS TO OBTAINING DIAGNOSTICS AND TREATMENT FOR CANCER, THE PROMISE FUND HAS ESTABLISHED A NETWORK OF PROVIDERS WILLING TO OFFER PRO-BONO OR REDUCED-COST TREATMENT. ADDITIONALLY, THEY HAVE CO-LOCATED A PROMISE FUND WOMEN'S HEALTH PROGRAM WITHIN A FEDERALLY QUALIFIED HEALTH CENTER IN PALM BEACH COUNTY, FLORIDA, THAT PROVIDES BREAST AND CERVICAL HEALTH SCREENINGS AND DIAGNOSTIC SERVICES, INCLUDING MAMMOGRAPHY, ULTRASOUND, PAP TESTING, HPV TESTING, HPV VACCINATION, LEEP, AND COLPOSCOPY, ALL AIMED AT ENHANCING EQUITABLE ACCESS TO WOMEN'S HEALTH SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Brodsky Board Chair | OfficerTrustee | 15 | $0 |
Nancy G Brinker President | OfficerTrustee | 35 | $0 |
Todd Lazenby Vice President | OfficerTrustee | 0.5 | $0 |
Katherine E Block Treasurer | OfficerTrustee | 1 | $0 |
Laurie Silvers Secretary | OfficerTrustee | 1 | $0 |
Eric Brinker Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $204,755 |
| Related organizations | $0 |
| Government grants | $425,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,106,076 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,735,831 |
| Total Program Service Revenue | $0 |
| Investment income | $130,307 |
| 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 | $1,969,548 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,060,009 |
| 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. | $487,237 |
| Compensation of current officers, directors, key employees. | $29,039 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $368,996 |
| Pension plan accruals and contributions | $4,991 |
| Other employee benefits | $6,914 |
| Payroll taxes | $74,563 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $18,072 |
| Fees for services: Accounting | $26,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $1,963 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $166,402 |
| Advertising and promotion | $171,415 |
| Office expenses | $24,162 |
| Information technology | $19,930 |
| Royalties | $0 |
| Occupancy | $37,782 |
| Travel | $57,272 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,021 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $75,267 |
| Insurance | $7,834 |
| All other expenses | $275 |
| Total functional expenses | $2,662,955 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $383,283 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $107,501 |
| 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 | $2,549 |
| Net Land, buildings, and equipment | $378,891 |
| Investments—publicly traded securities | $3,316,745 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $18,614 |
| Total assets | $4,207,583 |
| Accounts payable and accrued expenses | $109,512 |
| Grants payable | $627,926 |
| Deferred revenue | $27,451 |
| 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 | $764,889 |
| Net assets without donor restrictions | $3,377,341 |
| Net assets with donor restrictions | $65,353 |
| 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 | $4,207,583 |
Grants Awarded
Over the last fiscal year, Promise Fund Of Florida Inc has awarded $966,698 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
MARIE LOUISE CANCER FOUNDATION INC PURPOSE: THE PATIENT NAVIGATION PROGRAM PROVIDES EDUCATION ON THE IMPORTANCE OF EARLY DETECTION SCREENING & HPV VACCINATION, AS WELL AS ACCESS TO BREAST AND CERVICAL CANCER HEALTH SERVICES FOR THE MEDICALLY UNDERSERVED. | $141,613 |
FOUNDCARE INC PURPOSE: THE PATIENT NAVIGATION PROGRAM PROVIDES EDUCATION ON THE IMPORTANCE OF EARLY DETECTION SCREENING & HPV VACCINATION, AS WELL AS ACCESS TO BREAST AND CERVICAL CANCER HEALTH SERVICES FOR THE MEDICALLY UNDERSERVED. | $138,750 |
MORSELIFE HEALTHSYSTEM FOUNDATION PURPOSE: THE PATIENT NAVIGATION PROGRAM PROVIDES EDUCATION ON THE IMPORTANCE OF EARLY DETECTION SCREENING & HPV VACCINATION, AS WELL AS ACCESS TO BREAST AND CERVICAL CANCER HEALTH SERVICES FOR THE MEDICALLY UNDERSERVED. | $105,135 |
HOLOGIC INC PURPOSE: THE PATIENT NAVIGATION PROGRAM PROVIDES EDUCATION ON THE IMPORTANCE OF EARLY DETECTION SCREENING & HPV VACCINATION, AS WELL AS ACCESS TO BREAST AND CERVICAL CANCER HEALTH SERVICES FOR THE MEDICALLY UNDERSERVED. | $84,330 |
GLADES INITIATIVE INC PURPOSE: THE PATIENT NAVIGATION PROGRAM PROVIDES EDUCATION ON THE IMPORTANCE OF EARLY DETECTION SCREENING & HPV VACCINATION, AS WELL AS ACCESS TO BREAST AND CERVICAL CANCER HEALTH SERVICES FOR THE MEDICALLY UNDERSERVED. | $78,856 |
MY CLINIC PURPOSE: THE PATIENT NAVIGATION PROGRAM PROVIDES EDUCATION ON THE IMPORTANCE OF EARLY DETECTION SCREENING & HPV VACCINATION, AS WELL AS ACCESS TO BREAST AND CERVICAL CANCER HEALTH SERVICES FOR THE MEDICALLY UNDERSERVED. | $78,838 |