Promesa Academy Inc

Organization Overview

Promesa Academy Inc is located in San Antonio, TX. The organization was established in 2017. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2021, Promesa Academy Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Promesa Academy 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 06/2021, Promesa Academy Inc generated $3.4m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 57.4% each year . All expenses for the organization totaled $3.1m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDING HIGH QUALITY INSTRUCTION TO ENSURE EVERY KINDERGARTEN-FIFTH GRADE STUDENT HAS THE SKILLS AND KNOWLEDGE FOR MIDDLE AND HIGH SCHOOL SUCCESS, COLLEGE GRADUATION AND LIFE FILLED WITH OPPORTUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THROUGH RIGOROUS AND ENGAGING ACADEMICS, HIGH-QUALITY INSTRUCTION, AND A COMMITMENT TO EXCELLENCE IN ALL THAT WE DO, PROMESA ACADEMY CHARTER SCHOOL ENSURES EVERY KINDERGARTEN THROUGH FIFTH-GRADE STUDENT HAS THE SKILLS AND KNOWLEDGE FOR MIDDLE AND HIGH SCHOOL SUCCESS, COLLEGE GRADUATION, AND A LIFE FILLED WITH OPPORTUNITY.


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Board, Officers & Key Employees

Name (title)Compensation
Ambika Dani
Ceo/superint
$50,000
Dax Moreno
Board Chair
$0
Annie Hoffman
Secretary
$0
Sally Robertson
Vice Chair
$0
Jared Sorensen
Treasurer
$0
Pegy Brimhall
Board Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Star Shuttle & Charter
Transportation
$141,970
Aim
Special Ed
$124,569
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,951,507
All other contributions, gifts, grants, and similar amounts not included above$458,930
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,410,437
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,410,437

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Promesa Academy Inc has recieved totaling $75,000.

Awarding OrganizationAmount
San Antonio Area Foundation Group Return

San Antonio, TX

PURPOSE: GENERAL SUPPORT

$75,000
View Grant Recipient Profile

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