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Florida · Nonprofit

PRECIOUS PROMISE ACADEMY INC

PRECIOUS PROMISE ACADEMY INC (Florida) receives grants from 1 organization whose IRS filings report $2,252,250 to it, the largest being EARLY LEARNING COALITION OF BROWARD COUNTY INC ($2,252,250). 1 of them have funded it in more than one year.

Revenue FY2025
$3.1M
Funders on record
1
Grants received
$2.3M
Net assets
$2.7M
1/1 repeat funderspeak grant-dependency 21%
01What it does

What Precious Promise Academy Inc does

Mission

Dedicated to the mental, physical and social development of children. Provide preschool programs that challenge and encourage children to achieve their fullest potential. (continued on schedule O, Statement 1)

As stated on its FY2025 Form 990.

Programs

  1. School Program as described in Part III #1. Curriculum/ Teaching Supplies/ School Supplies / Uniforms: $82,814 Travel: $2,916 Advertisement $8,716 Utilities: $32,815

    $127,261 spent
    79% of program spending
  2. Summer Program: We offer convenient for today's working parents while providing a Christ-centered environment. Each week during summer months is themed and we offer a plethora of indoor and outdoor activities like animal exhibits, planetarium, bounce houses and more. We also provide lunch to the students on Fridays. Our goal is to enrich the lives of our students and their families by offering a safe and fun environment throughout the summer months.

    $2,350 spent
    1% of program spending
  3. Special Events Program: We offer a convience for working parents to involve the students in aftercare and extra-curricular activities while remaining in a Christ-centered environment. Various activities such as soccer, karate, ballet and much more to offer. Our goal is to provide a safe environment for students to continue to grow after school.

    $31,501 spent
    20% of program spending
  4. Other program services, not described on the e-filed return.

    $0 spent
    0% of program spending

The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $161,112.

02The organization over time

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.

100 = 20212021 Revenue 100 ($2.0M) Expenses 100 ($1.5M) Net assets 100 ($1.8M)2022 Revenue 120 ($2.4M) Expenses 146 ($2.1M) Net assets 116 ($2.1M)2023 Revenue 152 ($3.0M) Expenses 178 ($2.6M) Net assets 144 ($2.6M)2024 Revenue 158 ($3.2M) Expenses 211 ($3.1M) Net assets 148 ($2.6M)2025 Revenue 156 ($3.1M) Expenses 207 ($3.0M) Net assets 149 ($2.7M)
20212022202320242025
Revenue (156)Expenses (207)Net assets (149)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $2.3M to $2.6M (+15%).

$2.0M
$2.3M
$2.6M
$2.7M
$2.8M
20212022202320242025
Total assetsTotal liabilities

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.

2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2022 8% · 2023 6% · 2024 0% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.

0% of PRECIOUS PROMISE ACADEMY INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 5 reported years ran a deficit.

$549k
’21
$284k
’22
$452k
’23
$105k
’24
$130k
’25
2.5
months of
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.

20212022202320242025
Listed108899
Joined·+0+1+2+2
No longer listed·2112
03Who funds it

Who funds it, year by year

2019 → 2023: the base held at 1 funder, grant income rose $107k → $626k.

Funder
'19
'20
'21
'22
'23
'24*
'25*
total
funders
1
1
1
1
1
1
1

From the IRS filings of PRECIOUS PROMISE ACADEMY 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.

Where its funders are

100% of PRECIOUS PROMISE ACADEMY INC's grant income comes from Florida funders.

FL

In-state vs out-of-state, by year

’19
’20
’21
’22
’23
Florida out of state home

Funder states come from each funder’s own filing. 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.

04Its place in the field

Against its field

PRECIOUS PROMISE ACADEMY INC runs a healthier operating margin than half of the 9,398 education nonprofits its size.

Operating margin4% · above the median
Months of reserve2.5mo · below the median
Revenue growth (annualized)12% · above the median

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Government funding PRECIOUS PROMISE ACADEMY INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $136k on record.

State$136k
23
24
Top programs
  • FEDERAL FINANCIAL ASSISTANCE - GENERAL $136k

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 PRECIOUS PROMISE ACADEMY 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 Florida

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

5% of spending goes to programs.

Program 5%Management 95%Fundraising 0%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for PRECIOUS PROMISE ACADEMY 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.

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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 PRECIOUS PROMISE ACADEMY INC?
PRECIOUS PROMISE ACADEMY INC (Florida) receives grants from 1 organization whose IRS filings report $2,252,250 to it, the largest being EARLY LEARNING COALITION OF BROWARD COUNTY INC ($2,252,250). 1 of them have funded it in more than one year.
How many funders does PRECIOUS PROMISE ACADEMY INC have?
IRS filings report 1 organization giving $2,252,250 in grants to PRECIOUS PROMISE ACADEMY INC, 1 of which have funded it in more than one year.
Who is the largest funder of PRECIOUS PROMISE ACADEMY INC?
EARLY LEARNING COALITION OF BROWARD COUNTY INC is the largest funder on record, with $2,252,250 in grants. The full list of funders is on this page.
How can an organization like PRECIOUS PROMISE ACADEMY INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Precious Promise Academy →

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 1 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