Overview

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Est.

2020

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Felicias Promise Inc is a nonprofit organization with an operating budget of $114.8K and total revenue of $79.4K for the filing year 2024. While the specific cause areas and mission details are outlined in Schedule O, the organization relies on significant funding from two unknown sources, one contributing $8.4M and another $1M, indicating a potential dependency on these funders for a substantial portion of its financial support. Currently, the organization does not have a publicly available website.

Mission Statement

See Schedule O
Revenues
$79.4K
Expenses
$114.8K
Net Income:
-$35.4K
Assets
$6.4K
Liabilities
$0
Net Assets:
+$6.4K
Operating Budget
$114.8K
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
$7.5K
Largest grant received
$7.5K
S
Sabrina Perry
Board Member
S
Selina Grey
Board Member
F
Felicia Fonrose
Board Member

Frequently Asked Questions

What is Felicias Promise Inc’s budget?
In 2024, Felicias Promise Inc reported an annual operating budget of around $115 thousand. More detailed financial information is available to registered users.
Where does Felicias Promise Inc operate?
Felicias Promise Inc is headquartered in Brooklyn, NY.
Who funded Felicias Promise Inc recently?
In 2024, Felicias Promise Inc received grants from CLANEIL FOUNDATION INC, Amplify Her Charitable Foundation, and CLANEIL FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant Felicias Promise Inc received in 2024?
The largest grant to Felicias Promise Inc in 2024 exceeds $7,500.
What is Felicias Promise Inc’s reliance on government grants?
Felicias Promise Inc relied on government grants for more than 15% of their total revenue in 2024.