Connecticut · Nonprofit
NEW HAVEN PROMISE INC
NEW HAVEN PROMISE INC (Connecticut) receives grants from 22 organizations whose IRS filings report $39,315,454 to it, the largest being Yale University ($34,254,969). 14 of them have funded it in more than one year, and 91% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $6.2M
- Funders on record
- 22
- Grants received
- $39M
- Net assets
- $2.5M
What New Haven Promise Inc does
Mission
New Haven Promise works to build a culture in the public schools in which students aspire to attend and graduate from college; to provide financial incentives and support for those students; and to facilitate their return to live, work and serve in the greater New Haven community.
As stated on its FY2025 Form 990.
Programs
"TO" - College Access: New Haven Promise fosters a college-going culture among New Haven public school students and motivates students to gain admission to college; informed and educated K-12 students and parents to complete the pledge and senior application of Promise; recruited and served students for summer enrichment programs; connected students with New Haven nonprofit organizations to complete the required community service hours and managed the service tracking system - SERVO.CITY; managed the comprehensive financial literacy campaign through FAFSACT.ORG platform; recruited volunteers to help college-bound students understand college cost, aid packages and admission process etc.
$293,865 spent5% of program spending"THROUGH" - College Success: New Haven Promise motivates scholars to graduate from college within four years by providing renewable scholarships, promoting FAFSA completion, leveraging guaranteed institutional aid, recruiting peer leaders and mentors at campuses, and partnering with colleges to ensure full support of Promise scholars. Hosted internship and career fairs and placed scholars in paid internships in their fields of interest; hosted professional and leadership development workshop series; built and managed scholar resume bank.
$4,864,386 spentof which $4,619,152 as grants$48,000 earned by the program88% of program spending"BACK NEW HAVEN" - Career and Civic Launch: meets the city and regional needs for a diverse homegrown talent pipeline that strengthens neighborhoods and creates career and leadership opportunities for more than a thousand returned Promise Alumni. New Haven Promise facilitates scholars' return to live, work and participate fully in the greater New Haven community. Hosted job fairs and brokered entry-level full-time job oppurtunities for Promise alumni; hosted professional and leadership development workshop series; tracked alumni to live and work in the greater New Haven region after graduation; hosted financial wealth education and homebuyer seminars to discuss wealth building in 20s; connected alumni with mortgage experts, realtors and their peer alumni who have already become homeowners; served Yale Teaching Fellowship, a program that aims to train high-quality teachers from a variety of backgrounds and experiences, cover teacher shortage areas, and promote long-term teacher retention in New Haven Public Schools.
$351,997 spentof which $172,040 as grants$105,000 earned by the program6% of program spendingOther program services, not described on the e-filed return.
$0 spent0% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $5,510,248.
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $2.2M to $3.0M (+33%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 0% · 2022 0% · 2023 0% · 2024 0% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.
98% of NEW HAVEN PROMISE INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (81% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 5 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Maurie McInnis
Board Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 2 funders to 12 funders, grant income rose $2.6M → $5.0M.
6 of 22 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 91% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of NEW HAVEN PROMISE INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
NEW HAVEN PROMISE INC leans on a few funders — its largest provides 87% of grant income and the top three 95%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
99% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund NEW HAVEN PROMISE INC.
Largest funder’s share by year: 2017 89% · 2018 100% · 2019 74% · 2020 100% · 2021 89% · 2022 88% · 2023 86% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
43% of NEW HAVEN PROMISE INC's funders are still giving 3 years after their first grant; 64% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
91% of NEW HAVEN PROMISE INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $3.4M that is directly attributable, 95% of it comes from Connecticut funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $36M arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
NEW HAVEN PROMISE INC runs a healthier operating margin than half of the 6,891 human services nonprofits its size.
this organization peer median middle 50% of peers· 6,891 human services nonprofits $1M–$10M, FY2025
Government funding NEW HAVEN PROMISE INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $20k on record.
- Educational Services$20k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like NEW HAVEN PROMISE INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Connecticut
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
94% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for NEW HAVEN PROMISE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds NEW HAVEN PROMISE INC?
- NEW HAVEN PROMISE INC (Connecticut) receives grants from 22 organizations whose IRS filings report $39,315,454 to it, the largest being Yale University ($34,254,969). 14 of them have funded it in more than one year, and 91% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does NEW HAVEN PROMISE INC have?
- IRS filings report 22 organizations giving $39,315,454 in grants to NEW HAVEN PROMISE INC, 14 of which have funded it in more than one year.
- Who is the largest funder of NEW HAVEN PROMISE INC?
- Yale University is the largest funder on record, with $34,254,969 in grants. The full list of funders is on this page.
- How can an organization like NEW HAVEN PROMISE INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Connecticut. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 22 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing