Nonprofit screen
Screen a listPromise Academy Inc
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
- No record
- Charity type
- 509(a)(1)
$5.2Mrevenue
FY2025 · −20% in 3 yrs55staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−4.4%
Months of reserve0.5mo
Revenue growth (annualized)+1.3%
Middle half of peersMedianPromise Academy
Where the money goes FY2025 · $5.4M spent
Programs$4.0M73%Management and general$1.4M27%990 FY2025 · Part IX line 25
Worth checking1
Deficits in 3 of the last 3 years
−$395k in FY2023, −$278k in FY2024 and −$227k in FY2025. Cash covers 0.5 months, under the peer median of 3.9.
990 Part I and balance sheetIn its favor2
Strong governance
10 of 10 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIA history of government grants
Government grants on 9 of its 9 returns, 68% of revenue in FY2025.
990 Part VIII7funders
$1.3Ma year, last 3 years
57%from its largest funder
Funder’19’20’21’22’23Fleetwood Foundation IncSince FY2021$60k$767k$504k50can IncNew in FY2023$407kBill and Crissy Haslam FoundationOn and off$11kNew York Life FoundationOn and off$500Donor-advised giftsDonors not disclosed$969k$834k$67k$1.6M$639k1 other fundersUp to $86k a year each$86k
FundedThrough a donor-advised fund