Promise Fund Of Florida Inc
- Assets
- $5.3m
- Revenue
- $5.0m
- Investments
- $0.0
- Employees
- 7
- Location
- Palm Beach, FL
- Founding
- 05/2019
- Data as of
- 03/2022
- EIN
- 83-0535519
Organization Overview
Promise Fund Of Florida Inc is located in 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 03/2022, Promise Fund Of Florida Inc employed 7 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 03/2022, Promise Fund Of Florida Inc generated $5.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 46.5% each year . All expenses for the organization totaled $1.6m during the year ending 03/2022. While expenses have increased by 29.7% per year over the past 4 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.
Since 2021, Promise Fund Of Florida Inc has awarded 15 individual grants totaling $940,934. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMISE FUND OF FLORIDA SERVES ALL WOMEN IN PALM BEACH COUNTY, FOCUSING ON THE PREVENTION AND TREATMENT OF BREAST AND CERVICAL CANCER. WE DO THIS IN FOUR WAYS: NAVIGATION, PARTNERSHIPS, POLICY CHANGES, AND PROMOTION & COMMUNITY AWARENESS. WE WILL WORK TIRELESSLY TO INSURE THAT ALL WOMEN, REGARDLESS OF RACE, CULTURE, CREED, OR FINANCIAL MEANS HAVE ACCESS AND EDUCATION TO PREVENT THE PREVENTABLE WITH A FOCUS ON ACHIEVING 100% SUCCESS IN PALM BEACH COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROMISE FUND OF FLORIDA PROVIDES ACCESS TO HEALTHCARE FOR UNDER-SERVED COMMUNITIES. WE HAVE A PROVEN MODEL THAT WORKS, AND OUR MISSION IS TO ADDRESS DISPARITIES AND HEALTH INEQUITY FOR WOMEN AND THEIR FAMILIES BY INCREASING ACCESS TO QUALITY, TIMELY HEALTH CARE. WE HAVE A PROVEN MODEL TO ACCOMPLISH THIS MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Patti Ch Operating | Officer | 40 | $151,924 |
Katie Block Treasurer | OfficerTrustee | 1 | $0 |
Nancy G Brinker President | OfficerTrustee | 1 | $0 |
David Brodsky Board Chair | OfficerTrustee | 1 | $0 |
Michael Greenwald Vice Chair | OfficerTrustee | 1 | $0 |
Todd Lazenby Vice Preside | OfficerTrustee | 0.5 | $0 |
Financial Statements
| 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 | $5,024,126 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,024,126 |
| Total Program Service Revenue | $0 |
| Investment income | $11,687 |
| 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 | $5,035,813 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $609,275 |
| 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. | $151,924 |
| Compensation of current officers, directors, key employees. | $37,981 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $311,859 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,043 |
| Fees for services: Accounting | $7,058 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $71,399 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $146,357 |
| Advertising and promotion | $83,065 |
| Office expenses | $12,895 |
| Information technology | $16,961 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,053 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $562 |
| Insurance | $2,607 |
| All other expenses | $14,780 |
| Total functional expenses | $1,568,621 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $204,002 |
| Savings and temporary cash investments | $247,980 |
| Pledges and grants receivable | $10,000 |
| 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 | $2,144 |
| Investments—publicly traded securities | $4,844,862 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,308,988 |
| Accounts payable and accrued expenses | $123,236 |
| 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 | $123,236 |
| Net assets without donor restrictions | $5,185,752 |
| Net assets with donor restrictions | $0 |
| 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 | $5,308,988 |
Grants Awarded
Over the last fiscal year, Promise Fund Of Florida Inc has awarded $609,275 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
West Palm Beach, FL PURPOSE: PATIENT NAVIGATION | $217,317 |
HOLOGIC INC PURPOSE: MAMMOGRAPHY SCREEN | $90,911 |
Boynton Beach, FL PURPOSE: PATIENT NAVIGATION | $74,811 |
Boynton Beach, FL PURPOSE: PATIENT NAVIGATION | $70,000 |
West Palm Beach, FL PURPOSE: PATIENT NAVIGATION | $58,687 |
West Palm Beach, FL PURPOSE: PATIENT NAVIGATION | $35,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Promise Fund Of Florida Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Kozloff Family Charitable Trust Quakertown, PA PURPOSE: DONEE'SDISCRETION | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Walker Cancer Research Institute Inc Boynton Beach, FL | $8,994,408 | $4,172,874 |
Liga Contra El Cancer Inc League Against Cancer Inc Miami, FL | $7,622,962 | $2,862,537 |
Camp Sunshine Inc Decatur, GA | $16,568,676 | $3,692,986 |
Force-Facing Our Risk Of Cancer Empowered Tampa, FL | $2,528,363 | $2,341,227 |
Promise Fund Of Florida Inc Palm Beach, FL | $5,308,988 | $5,035,813 |
Gildas Club Of South Florida Inc Fort Lauderdale, FL | $6,828,007 | $3,397,989 |
Florida Society Of Clinical Oncology Inc Riverview, FL | $3,143,681 | $1,540,570 |
Horizons Community Solutions Inc Albany, GA | $1,130,013 | $1,343,214 |
Cancer Alliance Of Naples Inc Bonita Springs, FL | $1,646,387 | $1,757,016 |
Joy To Life Foundation Montgomery, AL | $618,016 | $878,106 |
Ovarian Cancer Institute Inc Atlanta, GA | $610,813 | $777,039 |
Foundation For Dreams Inc Bradenton, FL | $2,175,063 | $1,047,867 |