Logo

Employer Identification Number 76-0789317

PROMISE ACADEMY is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:PROMISE ACADEMY
Employer identification number (EIN):76-0789317
EIN Issuing AuthorityPhiladelphia, PA
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code
State of IncorporationOhio, OH

Organization Overview

Mission StatementPROMISE ACADEMY RECOGNIZES THAT ALL STUDENTS HAVE THE RIGHT TO AND DESERVE AN EDUCATION THAT PREPARES THEM FOR POST-SECONDARY SUCCESS OF THEIR CHOOSING. WE EDUCATE AND GRADUATE STUDENTS WHO HAVE NOT BEEN SUCCESSFUL IN TRADITIONAL HIGH SCHOOL AND HAVE DROPPED OUT OR ARE AT RISK OF DROPPING OUT. WE DO THIS THROUGH FLEXIBLE AND INDIVIDUALIZED LEARNING EXPERIENCES, SUPPORTED BY MEANINGFUL RELATIONSHIPS WITH CARING ADULTS WHO ARE CONSTANTLY LEARNING FROM STUDENTS AND EXEMPLIFYING HIGH ENGAGEMENT LEARNING FOR STUDENTS.
Number of Employees23
Number of Volunteers7
Year Formed2005

Organization Governance

Legal DomicileOH
Voting Members - Governing Body7
Voting Members - Independent7

Organization Financials

2023-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 0
Investment Income from current yearUSD $ 0
Other Revenue from prior yearUSD $ 72,743
Other Revenue from current yearUSD $ 5,676
Gross receipts from all sourcesUSD $ 1,291,191
Net assets / fund balances at end of fiscal yearUSD $ -909,856
Net assets / fund balances at beginning of fiscal yearUSD $ -656,423
Total liabilities at end of fiscal yearUSD $ 2,045,780
Total liabilities at beginning of fiscal yearUSD $ 2,273,345
Total assets at end of fiscal yearUSD $ 1,135,924
Total assets at beginning of fiscal yearUSD $ 1,616,922
Revenues less expenses for current yearUSD $ -253,433
Revenues less expenses for previous yearUSD $ -405,487
Total expenses for current yearUSD $ 1,544,624
Total expenses for previous yearUSD $ 1,723,361
Other expenses in current yearUSD $ 745,401
Other expenses in previous yearUSD $ 838,298
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 799,223
Employee salary and benefits paid in previous yearUSD $ 885,063
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,291,191
Total revenue in previous fiscal yearUSD $ 1,317,874
Contributions and grants from current yearUSD $ 1,285,515
Contributions and grants from previous yearUSD $ 1,245,131
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Revenue from membership duesUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 5,676
2022-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 0
Investment Income from current yearUSD $ 0
Other Revenue from prior yearUSD $ 22,957
Other Revenue from current yearUSD $ 72,743
Gross receipts from all sourcesUSD $ 1,317,874
Net assets / fund balances at end of fiscal yearUSD $ -656,423
Net assets / fund balances at beginning of fiscal yearUSD $ -250,936
Total liabilities at end of fiscal yearUSD $ 2,273,345
Total liabilities at beginning of fiscal yearUSD $ 2,157,967
Total assets at end of fiscal yearUSD $ 1,616,922
Total assets at beginning of fiscal yearUSD $ 1,907,031
Revenues less expenses for current yearUSD $ -405,487
Revenues less expenses for previous yearUSD $ -448,799
Total expenses for current yearUSD $ 1,723,361
Total expenses for previous yearUSD $ 1,933,867
Other expenses in current yearUSD $ 838,298
Other expenses in previous yearUSD $ 1,394,145
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 885,063
Employee salary and benefits paid in previous yearUSD $ 539,722
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,317,874
Total revenue in previous fiscal yearUSD $ 1,485,068
Contributions and grants from current yearUSD $ 1,245,131
Contributions and grants from previous yearUSD $ 1,462,111
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Revenue from membership duesUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 72,743
2021-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 22
Investment Income from current yearUSD $ 0
Other Revenue from prior yearUSD $ 3,993
Other Revenue from current yearUSD $ 22,957
Gross receipts from all sourcesUSD $ 1,485,068
Net assets / fund balances at end of fiscal yearUSD $ -250,936
Net assets / fund balances at beginning of fiscal yearUSD $ 197,863
Total liabilities at end of fiscal yearUSD $ 2,157,967
Total liabilities at beginning of fiscal yearUSD $ 1,988,203
Total assets at end of fiscal yearUSD $ 1,907,031
Total assets at beginning of fiscal yearUSD $ 2,186,066
Revenues less expenses for current yearUSD $ -448,799
Revenues less expenses for previous yearUSD $ -338,408
Total expenses for current yearUSD $ 1,933,867
Total expenses for previous yearUSD $ 1,976,295
Other expenses in current yearUSD $ 834,145
Other expenses in previous yearUSD $ 932,257
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,099,722
Employee salary and benefits paid in previous yearUSD $ 1,044,038
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,485,068
Total revenue in previous fiscal yearUSD $ 1,637,887
Contributions and grants from current yearUSD $ 1,462,111
Contributions and grants from previous yearUSD $ 1,633,872
Total of other revenueUSD $ 22,957
2020-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 52
Investment Income from current yearUSD $ 22
Other Revenue from prior yearUSD $ 148,048
Other Revenue from current yearUSD $ 3,993
Gross receipts from all sourcesUSD $ 1,637,887
Net assets / fund balances at end of fiscal yearUSD $ 197,863
Net assets / fund balances at beginning of fiscal yearUSD $ 536,271
Total liabilities at end of fiscal yearUSD $ 1,988,203
Total liabilities at beginning of fiscal yearUSD $ 657,434
Total assets at end of fiscal yearUSD $ 2,186,066
Total assets at beginning of fiscal yearUSD $ 1,193,705
Revenues less expenses for current yearUSD $ -338,408
Revenues less expenses for previous yearUSD $ 142,442
Total expenses for current yearUSD $ 1,976,295
Total expenses for previous yearUSD $ 1,839,528
Other expenses in current yearUSD $ 932,257
Other expenses in previous yearUSD $ 1,091,839
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,044,038
Employee salary and benefits paid in previous yearUSD $ 747,689
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,637,887
Total revenue in previous fiscal yearUSD $ 1,981,970
Contributions and grants from current yearUSD $ 1,633,872
Contributions and grants from previous yearUSD $ 1,833,870
Total of other revenueUSD $ 3,993
2019-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 52
Investment Income from current yearUSD $ 52
Other Revenue from prior yearUSD $ 76,818
Other Revenue from current yearUSD $ 148,048
Gross receipts from all sourcesUSD $ 1,981,970
Net assets / fund balances at end of fiscal yearUSD $ 536,271
Net assets / fund balances at beginning of fiscal yearUSD $ 393,829
Total liabilities at end of fiscal yearUSD $ 657,434
Total liabilities at beginning of fiscal yearUSD $ 1,316,034
Total assets at end of fiscal yearUSD $ 1,193,705
Total assets at beginning of fiscal yearUSD $ 1,709,863
Revenues less expenses for current yearUSD $ 142,442
Revenues less expenses for previous yearUSD $ 213,359
Total expenses for current yearUSD $ 1,839,528
Total expenses for previous yearUSD $ 2,563,010
Other expenses in current yearUSD $ 1,091,839
Other expenses in previous yearUSD $ 2,554,521
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 747,689
Employee salary and benefits paid in previous yearUSD $ 8,489
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,981,970
Total revenue in previous fiscal yearUSD $ 2,776,369
Contributions and grants from current yearUSD $ 1,833,870
Contributions and grants from previous yearUSD $ 2,699,499
Total of other revenueUSD $ 148,048
2018-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 2,435,443
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 0
Investment Income from current yearUSD $ 52
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 76,818
Gross receipts from all sourcesUSD $ 2,776,369
Net assets / fund balances at end of fiscal yearUSD $ 393,829
Net assets / fund balances at beginning of fiscal yearUSD $ 200,604
Total liabilities at end of fiscal yearUSD $ 1,316,034
Total liabilities at beginning of fiscal yearUSD $ 1,106,716
Total assets at end of fiscal yearUSD $ 1,709,863
Total assets at beginning of fiscal yearUSD $ 1,307,320
Revenues less expenses for current yearUSD $ 213,359
Revenues less expenses for previous yearUSD $ -331,452
Total expenses for current yearUSD $ 2,563,010
Total expenses for previous yearUSD $ 2,766,895
Other expenses in current yearUSD $ 2,554,521
Other expenses in previous yearUSD $ 2,766,895
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 8,489
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 2,776,369
Total revenue in previous fiscal yearUSD $ 2,435,443
Contributions and grants from current yearUSD $ 2,699,499
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 76,818

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 760789317

USA Mailing Address
1701 EAST 13TH STREET
CLEVELAND
OH
44114
Date first seen: 2007-01-01
Date last seen: 2024-06-30
USA Mailing Address
1701 E 13TH ST
CLEVELAND
OH
441143227
Date first seen: 2023-05-16
Date last seen: 2024-05-15

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
S1 401k Lookup     VAT Lookup