Overview

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Est.

2014

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

PROMISE RESOURCE NETWORK INC is a nonprofit organization dedicated to mental health care, with a mission to ignite social change and inspire hope through the wisdom of lived recovery experiences. With an operating budget of $4.5 million and total revenue of $5 million for the filing year 2024, the organization receives significant support from major funders, including FIDELITY INVESTMENTS CHARITABLE GIFT FUND, NETWORK FOR GOOD, and The Bank of America Charitable Foundation Inc. PROMISE RESOURCE NETWORK INC does not rely on a single funder for 50% or more of its revenue.

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
K
Kevin Garrison
Board Member
J
John Giampaolo
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 2025, PROMISE RESOURCE NETWORK INC received grants from FRONTSTREAM GLOBAL FUND, NETWORK FOR GOOD, and ARTS & SCIENCE COUNCIL CHARLOTTE/MECKLENBURG INC. 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.