Skip to content

Iowa · Nonprofit

Promise Partners

Promise Partners (Iowa) receives grants from 1 organization whose IRS filings report $0 to it, the largest being GOOD360 ($0). 0 of them have funded it in more than one year.

Revenue FY2025
$2.9M
Funders on record
1
Grants received
$0
Net assets
$984k
0/1 repeat funderspeak grant-dependency 0%
01What it does

What Promise Partners does

Mission

To empower a caring community that promises the well-being of every child. Thriving Families Alliance works together through interagency and cross-discipline collaboration to better coordinate efforts to effectively address the needs of children and families in Southwest Iowa.

As stated on its FY2025 Form 990.

Program

  1. Coordination Services - Thriving Families Alliacne (TFA) coordinates with multiple agencies to develop a comprehensive plan to increase positive childhood experiences to ensure that children and families can thrive. Some services include family suport, which helps to suport healthy relationships, safe environments and the growth of social and emotional skills in children. TFA also provides preschool support grants and quality childcare incentives to ensure that the littlest community members are safe. TFA also promotes family stability, which is based on the idea that families with less stressors are healther environments which allow children to thrive, and reduce instances of maltreatment. All of these items together help TFA achieve outcomes which work towards their mission of ensuring all children have a caring community that looks out for their well-being.

    $2,493,817 spentof which $1,629,647 as grants$3,300 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $2,493,817.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 ($1.6M) Expenses 100 ($1.6M) Net assets 100 ($144k)2018 Revenue 105 ($1.7M) Expenses 94 ($1.5M) Net assets 196 ($281k)2019 Revenue 112 ($1.8M) Expenses 101 ($1.7M) Net assets 292 ($420k)2020 Revenue 106 ($1.7M) Expenses 102 ($1.7M) Net assets 310 ($445k)2021 Revenue 112 ($1.8M) Expenses 103 ($1.7M) Net assets 380 ($546k)2022 Revenue 105 ($1.7M) Expenses 99 ($1.6M) Net assets 421 ($605k)2023 Revenue 113 ($1.8M) Expenses 107 ($1.7M) Net assets 464 ($668k)2024 Revenue 119 ($1.9M) Expenses 116 ($1.9M) Net assets 469 ($674k)2025 Revenue 182 ($2.9M) Expenses 168 ($2.8M) Net assets 685 ($984k)
'17'18'19'20'21'22'23'24'25
Revenue (182)Expenses (168)Net assets (685)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 2024 to 2025, from $1.1M to $1.4M (+28%).

$459k
$515k
$764k
$708k
$839k
$926k
$940k
$1.1M
$1.4M
'17'18'19'20'21'22'23'24'25
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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 98% · 2018 99% · 2019 99% · 2020 97% · 2021 95% · 2022 93% · 2023 87% · 2024 85% · 2025 92%. Grants only. Government contracts and fees sit inside program revenue.

98% of Promise Partners’s revenue is contributions — more reliant on donations than three-quarters of its peers (81% for the typical peer).

This organization
Typical peer · 11,793 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

−$40k
’17
$138k
’18
$139k
’19
$25k
’20
$101k
’21
$59k
’22
$63k
’23
$7k
’24
$157k
’25
4.7
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.

Chief executive

Patricia Russmann

Executive Director

Board chair

Wendy Richter

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed10111210101210914
Joined·+1+3+0+0+3+2+0+9
No longer listed·02201414
03Who funds it
04Its place in the field

Against its field

Promise Partners runs a healthier operating margin than half of the 6,891 human services nonprofits its size.

Operating margin5% · above the median
Months of reserve4.7mo · above the median
Revenue growth (annualized)8% · below the median

this organization peer median middle 50% of peers· 6,891 human services nonprofits $1M–$10M, FY2025

Organizations like Promise Partners

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 Iowa

Nationally

05Profile & governance

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

Where the money goes

91% of spending goes to programs.

Program 91%Management 9%Fundraising 0%

Governance

11
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for Promise Partners: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 Promise Partners?
Promise Partners (Iowa) receives grants from 1 organization whose IRS filings report $0 to it, the largest being GOOD360 ($0). 0 of them have funded it in more than one year.
How many funders does Promise Partners have?
IRS filings report 1 organization giving $0 in grants to Promise Partners.
Who is the largest funder of Promise Partners?
GOOD360 is the largest funder on record, with $0 in grants. The full list of funders is on this page.
How can an organization like Promise Partners find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Iowa. 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 2017–2025), 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