PROMISE

Detroit, MI, US
501(c)(3)
EIN
81-4514171
Detroit, MI, US
501(c)(3)
EIN
81-4514171

Overview

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Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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PROMISE is a nonprofit organization dedicated to providing job training and educational resources to low-income program participants, focusing on public administration and job preparation. In 2021, the organization operated with a budget of $26.9K and reported total revenue of $68.7K, with significant funding from multiple sources, none of which contributed over 50% of its revenue. While the organization does not have a publicly available website, its mission underscores a commitment to enhancing employment opportunities for underserved communities.

Mission Statement

Our organization provides job training and educational resources to low income program participants.
Revenues

$68.7K

Expenses

$26.9K

Net Income:
+$41.8K
Assets

$157K

Liabilities

N/A

Net Assets:
N/A
Operating Budget

$26.9K

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

1

Median grant size
$10K
Largest grant received
$10K
L
Lisa Brown
Board Member
A
Anthony Williams
Board Member
A
Antonio Williams Jr
Board Member

Frequently Asked Questions

What is PROMISE’s budget?
In 2021, PROMISE reported an annual operating budget of around $27 thousand. More detailed financial information is available to registered users.
What causes does PROMISE support?
PROMISE supports work in Public administration and Job Preparation & Procurement.
Where does PROMISE operate?
PROMISE is headquartered in Detroit, MI.
Who funded PROMISE recently?
In 2022, PROMISE received grants from THAKKAR FAMILY FOUNDATION, WAYNE-METROPOLITAN COMMUNITY ACTION AGENCY INC, and TARAKJI FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant PROMISE received in 2022?
The largest grant to PROMISE in 2022 exceeds $10 thousand.
Overview
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