Promise 418 Project
- Assets
- $3.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Argyle, TX
- Founding
- Data as of
- 12/2022
- EIN
- 86-1723276
Organization Overview
Promise 418 Project is located in Argyle, TX. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Promise 418 Project 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 12/2022, Promise 418 Project generated $53.7k 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 (33.1%) each year. All expenses for the organization totaled $100.0k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
HUMANITARIAN SUPPORT FOR AFFORDABLE HOUSING AND LITERACYADVANCEMENT
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Carpus President | 40 | $0 | |
Mark Mangrum Secretary | 20 | $0 | |
John Akos VP | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,701 |
| 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 | $53,701 |
| 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 | $1,643 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $98,405 |
| Total expenses | $100,048 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,458 |
| Other assets | $0 |
| Total assets | $3,458 |
| Total liabilities | $0 |
| Net assets or fund balances | $3,458 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Junior Achievement Of Southeast Texas Inc Houston, TX | $16,092,096 | $11,563,637 |
Nudge Foundation Irving, TX | $10,952,018 | $8,355,752 |
Junior Achievement Of Dallas Inc Dallas, TX | $3,649,387 | $3,439,968 |
Junior Achievement Of South Texas San Antonio, TX | $2,363,540 | $2,264,927 |
Junior Achievement Of Greater New Orleans Inc New Orleans, LA | $1,354,375 | $1,546,387 |
Global Restoration Trading Co Fayetteville, AR | $175,356 | $1,386,309 |
Women Of Pader Uganda Austin, TX | $40,594 | $1,300,165 |
Junior Achievement Of Oklahoma Inc Tulsa, OK | $3,845,764 | $1,505,086 |
Junior Achievement Of The Chisholm Trail Fort Worth, TX | $2,994,919 | $1,397,455 |
Joycorps Project Farmington, AR | $202,349 | $725,813 |
Junior Achievement Of Greater Caton Rouge & Acadianna Baton Rouge, LA | $810,119 | $835,686 |
Kinetix Global Development Corporation Albuquerque, NM | $236,646 | $690,645 |