NonprofitsBirmingham Promise Inc

Education

Birmingham Promise Inc

BIRMINGHAM, AL

Total revenue

$15.6M

Total expenses

$7.2M

Net assets

$22.5M

Grants received

$5.4M

34 grants

EIN

842830568

Tax year

2024

Mission

The Mission of Birmingham Promise is to transform futures and advance Birmingham by re-engineering education and workforce systems. The Birmingham Promise has two primary components: (1) youth apprenticeships, which provide Birmingham City School (BCS) juniors and seniors with paid, high-quality work-based learning experiences and (2) postsecondary financial support, which enables BCS graduates to attend in-state, public institutions tuition-free. The goal is to serve at least 10,000 BCS students by 2030.

Financials

FY 2024

Revenue

Contributions & grants$14.9M
Program service revenue$157K
Investment income$599K
Other revenue$350
Total revenue$15.6M

Expenses

Grants paid$3.7M
Salaries & benefits$1.9M
Fundraising$92K
Other expenses$1.7M
Total expenses$7.2M
Total assets$23.6M
Net assets$22.5M

People

12 listed

NameRoleCompensation

Samantha Williams

Executive Director

Board

$174K

40 hrs/wk

Mayor Randall Woodfin

Ex-Officio Director

Board

1 hrs/wk

Ralph Williams

Director

Board

1 hrs/wk

Dr Mark Sullivan

Director

Board

1 hrs/wk

Khadijah Abdullah

Director

Board

1 hrs/wk

Cathy Sloss Jones

Director

Board

1 hrs/wk

Will Clark

Director

Board

1 hrs/wk

Sara Newell

Ex-Officio Director

Board

1 hrs/wk

Leroy Abrahams

Ex-Officio Director

Board

1 hrs/wk

Josh Carpenter

Treasurer

Board

1 hrs/wk

Danny McKinney

Board Chairman

Board

1 hrs/wk

Larry Thornton Sr

Director

Board

1 hrs/wk

Grants received

Showing 34 of 34

FromAmountPurposeYear
$200K
2021-2025 SCHOLARSHIP SUPPORT
2024
$68K
GENERAL SUPPORT; DAF FUNDED
2024
$50K
ASPEN FORUM FOR COMMUNITY SOLUTIONS
2024
$10K
TO PROVIDE COLLEGE TUITION ASSISTANCE TO GRADUATES OF BHAM CITY SCHOOLS AND ALSO TO PROVIDE INTERNSHIPS FOR HIGH SCHOOL SENIORS
2024
$1M
GENERAL/OPERATING
2023
$575K
CAREER AND TECHNICAL EDUCATION
2023
$200K
2021-2025 SCHOLARSHIP SUPPORT
2023
$150K
SUPPORT GRANTEE'S PARTICIPATION IN THE PARTNERSHIP TO ADVANCE YOUTH APPRENTICESHIP (PAYA) INITIATIVE
2023
$100K
TO SUPPORT A NON-PROFIT WHICH CONNECTS BIRMINGHAM CITY SCHOOL STUDENTS WITH WORKFORCE EXPERIENCE AND POST-SECONDARY OPPORTUNITIES TO ENHANCE THEIR ECONOMIC MOBILITY.
2023
$51K
EDUCATION; DAF FUNDED
2023
$13K
Program Support
2023
$10K
TO PROVIDE COLLEGE TUITION ASSISTANCE TO GRADUATES OF BHAM CITY SCHOOLS AND ALSO TO PROVIDE INTERNSHIPS FOR HIGH SCHOOL SENIORS
2023
$5K
GENERAL SUPPORT OF PROGRAMS
2023
$3K
Directed Giving / General support
2023
$3K
GENERAL SUPPORT
2023
$500
Charitable
2023
$100
General Operating Support
2023
$1M
The Foundation provided a grant to Birmingham Promise for expenses incurred in connection with the charitable activities of Birmingham Promise.
2022
$620K
CAREER AND TECHNICAL EDUCATION
2022
$200K
2021-2025 SCHOLARSHIP SUPPORT
2022
$13K
Program Support
2022
$10K
TO PROVIDE COLLEGE TUITION ASSISTANCE TO GRADUATES OF BHAM CITY SCHOOLS AND ALSO TO PROVIDE INTERNSHIPS FOR HIGH SCHOOL SENIORS
2022
$10K
OA YOUTH APPRENTICESHIP INTERMEDIARIES PROJECT
2022
$5K
GENERAL SUPPORT OF PROGRAMS
2022
$35K
MARKETPLACE GRANT
2021
$13K
Program Support
2021
$1M
GENERAL/OPERATING
2020
$13K
PROGRAM SUPPORT
2020
$13K
PROGRAM SUPPORT
2020

Funded by

$5.4M from 19 funders · 34 grants · 2020–2024

Alabama Power Foundation Inc

$2M · 2 grants · 2020–2023

The Bloomberg Family Foundation Inc

$1.2M · 2 grants · 2022–2023

Protective Life Foundation

$600K · 3 grants · 2022–2024

New America Foundation

$150K · 1 grant · 2023

The Community Foundation Of Greater

$119K · 2 grants · 2023–2024

The Arlington Foundation

$100K · 1 grant · 2023

Enterprise Holdings Foundation

$65K · 5 grants · 2020–2023

Details

EIN842830568
NTEE codeB82
Subsection03
Ruling date2020-08
Formed2019
Employees25
Volunteers0
BIRMINGHAM PROMISE INC — Mission, Financials & Grants Received | Grantivo