Nonprofit screen
Screen a listLa Promise Fund
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Registered
- Charity type
- 509(a)(1)
$20Mrevenue
FY2025 · +32% in 3 yrs149staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−10.6%
Months of reserve3.7mo
Revenue growth (annualized)+18.4%
Middle half of peersMedianLa Promise
Where the money goes FY2025 · $22M spent
Programs$17M75%Management and general$4.9M22%Fundraising$549k3%990 FY2025 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$1.6M in FY2023 and −$2.1M in FY2025. Cash covers 3.7 months, above the peer median of 3.3.
990 Part I and balance sheetIn its favor3
Strong governance
22 of 22 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 18% a year since FY2017, in the top quarter of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 9 of its 9 returns, 48% of revenue in FY2025. $9.7M is traced federal awards from Department of Education.
990 Part VIII · USAspending84funders
$4.0Ma year, last 3 years
27%from its largest funder
Funder’17’18’19’20’21’22’23Service Station Foundation F/K/A the Chernin Family Foundation IncOn and off$365k$251k$755k$1.4M$983k$947kEducation Development Center IncSince FY2019$495k$716k$728k$721k$753kThe Eli and Edythe Broad FoundationEvery year since FY2017$182k$105k$77k$10k$325k$650k$675kBerti Prough Family FoundationEvery year since FY2017$372k$446k$600k$155k$150k$96k$50kGates FoundationOn and off$233k$194k$1.1M$198kRussell Westbrook Why Not Foundation IncSince FY2021$500k$500k$500kDonor-advised giftsDonors not disclosed$432k$641k$380k$328k$250k$131k$765k54 other fundersUp to $510k a year each$1.1M$983k$712k$973k$740k$405k$549k
FundedThrough a donor-advised fund