Promise The Children Inc
- Assets
- $5.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Saugus, MA
- Founding
- 03/2001
- Data as of
- 06/2023
- EIN
- 04-3521644
Organization Overview
Promise The Children Inc is located in Saugus, MA. The organization was established in 2001. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Promise The Children Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Promise The Children Inc generated $5.6k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $5.0k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE FUNDING OF PUBLIC AND PRIVATE PROGRAMS THATSUPPORT U.S. CHILDREN AND THEIR FAMILIES WHO EARN LOW WAGES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shannon Falvey President | 10 | $800 | |
Rebekah Richardson Clerk | 1 | $0 | |
Natasha Megie Maddrey Treasurer | 0.5 | $0 | |
Josh Leach Board Member | 0.25 | $0 | |
Donna Mclain Board Member | 0.25 | $0 | |
Nicole Simonson Board Member | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,598 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5,598 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,005 |
| Total expenses | $5,005 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,766 |
| Other assets | $0 |
| Total assets | $5,766 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,766 |