City Of Promise Inc
- Assets
- $472.6k
- Revenue
- $722.8k
- Investments
- $0.0
- Employees
- 8
- Location
- Charlottesville, VA
- Founding
- 05/2019
- Data as of
- 06/2021
- EIN
- 83-1439722
Organization Overview
City Of Promise Inc is located in Charlottesville, VA. The organization was established in 2019. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2021, City Of Promise Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. City Of Promise Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF CITY OF PROMISE IS TO OPTIMIZE EDUCATIONAL OUTCOMES FOR CHILDREN IN THE SERVICE FOOTPRINT AND TO ADVANCE THEM BEYOND GENERATIONAL POVERTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PATHWAY COACHING. STUDENTS IN GRADES 5 THROUGH 12 AR ASSIGNED A COACH TO SUPPORT THEIR ACADEMIC SUCCESS. COACHES COLLABORATE WITH TEACHERS TO ADDRESS ACADEMIC AND BEHAVIORAL NEEDS. COACHES ENSURE THAT STUDENTS ARE CONNECTED TO AFTER-SCHOOL ACTIVITIES, SUMMER PROGRAMS, AND EMPLOYMENT OPPORTUNITIES. COACHES PLAN AND CHAPERONE FIELD TRIPS, GIVE KIDS A RIDE WHENT THEY NEED IT, AND SUPPORT PARENTS IN NAVIGATING PAPERWORK AND SYSTEMS THAT WILL LIFT UP THE WHOLE FAMILY.
GENERAL PROGRAM. THIS AREA INCLUDED EXPENSES WHICH ENABLED REMOTE LEARNING DURING THE PANDEMIC. OTHER ACIVITIES INCLUDED RESEARCH, DEVELOPMENT OF STANDARDS OF PERFORMANCE, AND THE DEVELOPMENT OF METRICS TO MEASURE THE SUCCESS OF OUTCOMES. FOOD AND TRANSPORTATION SERVICES WERE INCLUDED IN GENERAL PROGRAM ACTIVITY.
ADULT EMPOWERMENT. RESEARCH SHOWS THAT CHILDREN'S SUCCESS IN SCHOOL IS LINKED TO THEIR PARENTS' LEVEL OF EDUCATIONAL ATTAINMENT. OUR FAMILY EMPOWERMENT PROGRAMS OFFER A DUAL-GENERATION STRATEGY FOR ACADEMIC ACHIEVEMENT. ANCHORED IN FAMILY LITERACY, WORLSHOPS AND ACTIVITIES ENABLE PARENTS TO REACH IMPORTANT SELF-SUFFIECIENCY GOALS AS THEY LEARN AND GROW TOGETHER WITH THEIR CHILDREN.
PROMISE BABY ACADEMY, GATEWAY SERVICES, COVID RELIEF, STORY BOOK PROJECT, AND OTHER
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Coleman Executive Director | Officer | 40 | $62,974 |
William Shenkir President | Trustee | 2 | $0 |
Leah Puryear Secretary | Trustee | 2 | $0 |
Arthur Thorn Treasurer | Trustee | 2 | $0 |
Andrew Block Board Member | Trustee | 1 | $0 |
Brian Williams Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $60,754 |
| All other contributions, gifts, grants, and similar amounts not included above | $657,769 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $718,523 |
| Total Program Service Revenue | $0 |
| Investment income | $2,251 |
| 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 | $722,774 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $90,762 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $66,316 |
| Compensation of current officers, directors, key employees. | $33,158 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $196,854 |
| Pension plan accruals and contributions | $496 |
| Other employee benefits | $39,026 |
| Payroll taxes | $21,596 |
| Fees for services: Management | $43,292 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,540 |
| Office expenses | $13,183 |
| Information technology | $29,318 |
| Royalties | $0 |
| Occupancy | $43,961 |
| Travel | $1,082 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,000 |
| Insurance | $7,232 |
| All other expenses | $0 |
| Total functional expenses | $567,658 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75,219 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $15,660 |
| Investments—publicly traded securities | $381,180 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $500 |
| Total assets | $472,559 |
| Accounts payable and accrued expenses | $25,569 |
| 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 | $25,569 |
| Net assets without donor restrictions | $358,109 |
| Net assets with donor restrictions | $88,881 |
| 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 | $472,559 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that City Of Promise Inc has recieved totaling $184,300.
| Awarding Organization | Amount |
|---|---|
Charlottesville Area Community Foundation Charlottesville, VA PURPOSE: GENERAL PURPOSES | $100,000 |
United Way Of Greater Charlottesville Charlottesville, VA PURPOSE: TO SUPPORT PROGRAMS AND SERVICES | $45,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $17,800 |
The Community Foundation Inc Richmond, VA PURPOSE: GENERAL PURPOSES | $10,500 |
Charlottesville Area Community Foundation Charlottesville, VA PURPOSE: BAMAWORKS 2021 GRANT | $10,000 |
Caplin Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Telamon Corporation Raleigh, NC | $28,971,791 | $85,006,099 |
Dismas Charities Inc Louisville, KY | $50,549,022 | $73,995,842 |
Democracy Fund Inc Washington, DC | $93,636,268 | $59,747,292 |
Interchurch Medical Assistance Inc Washington, DC | $35,417,903 | $56,104,166 |
Mag America Inc Washington, DC | $11,970,594 | $53,429,692 |
Friends Of The World Food Program Inc Washington, DC | $25,343,754 | $59,828,688 |
Catholic Charities Of The Archdiocese Of Washington Inc Washington, DC | $69,271,644 | $52,757,033 |
Audubon Area Community Services Inc Owensboro, KY | $41,933,406 | $49,214,124 |
City First Enterprises Inc Washington, DC | $50,642,589 | $41,161,285 |
United Planning Organization Washington, DC | $21,957,692 | $39,543,643 |
Navy Marine Coast Guard Residence Foundation Mclean, VA | $169,576,374 | $36,329,894 |
Jewish Social Service Agency Rockville, MD | $78,004,250 | $40,027,018 |