NonprofitsPrecious Promise Academy Inc

Education

Precious Promise Academy Inc

FT LAUDERDALE, FL

Total revenue

$3.2M

Total expenses

$3.1M

Net assets

$2.6M

Grants received

$1.7M

6 grants

EIN

650956904

Tax year

2024

Mission

Dedicated to the mental, physical and social development of children. Provide preschool programs that challenge and encourage children to achieve their fullest potential. (continued on schedule O, Statement 1)

Programs

1 program

Summer Program: We offer convenience for today's working parents while providing a Christ-centered environment. Each week during summer months is theme and we offer a plethora of indoor and outdoor activities like animal exhibits, planetarium, bounce houses and more. We also provide lunch to the students on Fridays. Our goal is to enrich the lives of our students and their families by offering a safe and fun environment throughout the summer months.

Expenses: $8K

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$3.1M
Investment income$74K
Other revenue
Total revenue$3.2M

Expenses

Grants paid
Salaries & benefits$1.8M
Fundraising
Other expenses$1.2M
Total expenses$3.1M
Total assets$2.7M
Net assets$2.6M

People

9 listed

NameRoleCompensation

Desiree Coury

Director

Board

$50K

40 hrs/wk

Thomas Manning

President

Board

2 hrs/wk

Anthony Newbold

Treasurer

Board

2 hrs/wk

Sherwin Riley

Corporate Secretary

Board

2 hrs/wk

Hugh Nelson

Member

Board

2 hrs/wk

Candace Manning

Member

Board

2 hrs/wk

Danielle Reyes

Member

Board

2 hrs/wk

Elizabeth Badri-Rampersad

Member

Board

2 hrs/wk

Roland Cooper

Member

Board

2 hrs/wk

Grants received

Showing 6 of 6

FromAmountPurposeYear
$432K
CHILD CARE REIMBURSEMENTS AND OTHER GRANTS (NON-RECURRING) TO PROVIDERS
2023
$138K
CHILDCARE SERVICES
2019
$107K
SR AND/OR VPK CHILDCARE SERVICES
2018

Funded by

$1.7M from 1 funder · 6 grants · 2018–2023

Early Learning Coalition Of Broward

$1.7M · 6 grants · 2018–2023

Details

EIN650956904
NTEE codeB21
Subsection03
Ruling date2006-03
Formed1988
Employees117
Volunteers0
PRECIOUS PROMISE ACADEMY INC — Mission, Financials & Grants Received | Grantivo