Overview

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Est.

2014

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

PROMISE RESOURCE NETWORK INC is a nonprofit organization dedicated to advancing mental health care through the insights of lived recovery experience, aiming to inspire hope and catalyze personal greatness. With an operating budget of $4.5 million and total revenue of $5 million for the 2024 filing year, the organization is supported by multiple funders and does not rely on any single source for more than 50% of its revenue. For more information, visit their website at www.promiseresourcenetwork.org.

Mission Statement

Through the wisdom of lived recovery experience, we ignite social change, inspire hope and serve as a catalyst for personal greatness.
Revenues
$5M
Expenses
$4.5M
Net Income:
+$456.8K
Assets
$5.7M
Liabilities
$4.4M
Net Assets:
+$1.3M
Operating Budget
$4.5M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
4
Median grant size
$14.3K
Largest grant received
$21.9K
C
Cherene Allen-Caraco
Board Member
J
Jon Weddell
Board Member
D
Deborah Hendren
Board Member

Frequently Asked Questions

What is PROMISE RESOURCE NETWORK INC’s budget?
In 2024, PROMISE RESOURCE NETWORK INC reported an annual operating budget of around $4.5 million. More detailed financial information is available to registered users.
What causes does PROMISE RESOURCE NETWORK INC support?
PROMISE RESOURCE NETWORK INC supports work in Mental health care.
Where does PROMISE RESOURCE NETWORK INC operate?
PROMISE RESOURCE NETWORK INC is headquartered in Charlotte, NC.
Who funded PROMISE RESOURCE NETWORK INC recently?
In 2024, PROMISE RESOURCE NETWORK INC received grants from NETWORK FOR GOOD, ARTS & SCIENCE COUNCIL CHARLOTTE/MECKLENBURG INC, and Mecklenburg Bar Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant PROMISE RESOURCE NETWORK INC received in 2024?
The largest grant to PROMISE RESOURCE NETWORK INC in 2024 exceeds $22 thousand.