Promote Inc
- Assets
- $123.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Alexandria, VA
- Founding
- 03/2016
- Data as of
- 12/2020
- EIN
- 47-5529811
Organization Overview
Promote Inc is located in Alexandria, VA. The organization was established in 2016. According to its NTEE Classification (W70) the organization is classified as: Leadership Development, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Promote 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 12/2020, Promote Inc generated $21.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (50.8%) each year. All expenses for the organization totaled $13.3k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
0
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mahoboba Lyla Kohistany Chair Bod | 5 | $0 | |
Ashley Sogge Treasurer Bod | 3 | $0 | |
David Scott Mann Member Bod | 2 | $0 | |
Mohammad Kohistany Member Bod | 2 | $0 | |
Susan Mazikowski Member Bod | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29 |
| Total Program Service Revenue | $17,979 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,000 |
| Total Revenue | $21,008 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,338 |
| Total expenses | $13,338 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $122,520 |
| Other assets | $0 |
| Total assets | $123,133 |
| Total liabilities | $34,886 |
| Net assets or fund balances | $88,247 |