Nonprofits›Promise Academy

Education

Promise Academy

TYLER, TX

Website

Total revenue

$903K

Total expenses

$1.2M

Net assets

$985K

Grants received

$1.6M

34 grants

EIN

352519571

Tax year

2023

Mission

Promise Academy cultivates wise, creative, and compassionate leaders through exemplary Christ-centered education in North Tyler for the joy of our city and the glory of God.

Financials

FY 2023

Revenue

Contributions & grants$794K
Program service revenue$85K
Investment income$25K
Other revenue—
Total revenue$903K

Expenses

Grants paid—
Salaries & benefits$842K
Fundraising$102K
Other expenses$327K
Total expenses$1.2M
Total assets$989K
Net assets$985K

People

13 listed

NameRoleCompensation

SARAH CUMMING

HEAD OF SCHOOL

Board

$53K

40 hrs/wk

NATE HILL

MEMBER

Board

—

2 hrs/wk

CYNTHIA FREEMAN

Member

Board

—

2 hrs/wk

MARY BERRY

Member

Board

—

2 hrs/wk

CYNTHIA RITER

MEMBER

Board

—

2 hrs/wk

JON MOORE

MEMBER

Board

—

2 hrs/wk

TREY YARBROUGH

Member

Board

—

2 hrs/wk

BRIAN BRANDT

President

Board

—

2 hrs/wk

KELLI LOMAX

MEMBER

Board

—

2 hrs/wk

JEANNE-ELIZABETH RAMIREZ

Secretary

Board

—

2 hrs/wk

KELLIE POPE

MEMBER

Board

—

2 hrs/wk

JOHN MORRISON

Treasurer

Board

—

2 hrs/wk

RICKY GARNER

MEMBER

Board

—

2 hrs/wk

Grants received

Showing 34 of 34

FromAmountPurposeYear
EAST TEXAS COMMUNITIES FOUNDATION
$97K
Educational
2024
RITER FAMILY FOUNDATION
$50K
EDUCATION
2024
COMMUNITIES FOUNDATION OF TEXAS INC
$100K
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.
2023
EAST TEXAS COMMUNITIES FOUNDATION
$92K
Educational
2023
RITER FAMILY FOUNDATION
$67K
EDUCATION
2023
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$50K
For grant recipient's exempt purposes
2023
NATIONAL PHILANTHROPIC TRUST
$18K
RELIGION
2023
THE COMMUNITY FOUNDATION OF MIDDLE
$10K
DELEK US CORPORATE SUPPORT FROM TYLER COMMITTEE
2023
Servant Foundation
$10K
EDUCATION
2023
LOWERY FAMILY FOUNDATION
$5K
CHARITY
2023
COMMUNITIES FOUNDATION OF TEXAS INC
$137K
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.
2022
EAST TEXAS COMMUNITIES FOUNDATION
$67K
Educational
2022
RITER FAMILY FOUNDATION
$52K
EDUCATION
2022
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$32K
For grant recipient's exempt purposes
2022
LOWERY FAMILY FOUNDATION
$9K
CHARITY
2022
A S GENECOV FOUNDATION
$2K
PUBLIC SERVICE
2022
COMMUNITIES FOUNDATION OF TEXAS INC
$100K
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.
2021
CHRISTUS-TRINITY MOTHER FRANCES FOUNDATION
$83K
HEALTHY AND WHOLE CHILD INITIATIVE (EXPANSION)
2021
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$51K
For grant recipient's exempt purposes
2021
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$51K
For grant recipient's exempt purposes
2021
AMERICAN ONLINE GIVING FOUNDATION INC
$6K
GENERAL SUPPORT
2021
EAST TEXAS COMMUNITIES FOUNDATION
$104K
General Support
2020
COMMUNITIES FOUNDATION OF TEXAS INC
$100K
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.
2020
RITER FAMILY FOUNDATION
$50K
EDUCATION
2020
AMERICAN ONLINE GIVING FOUNDATION INC
$11K
GENERAL SUPPORT
2020
Mother Frances Hospital Regional Health Care Center
$10K
Program Grant - Student Scholarships (80% program grant/20% fundraising)
2020
CABE LEGACY FOUNDATION
$10K
OPERATING FUNDS
2020
COMMUNITIES FOUNDATION OF TEXAS INC
$150K
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.
2019
EAST TEXAS COMMUNITIES FOUNDATION
$41K
General Support
2019
CABE LEGACY FOUNDATION
$10K
OPERATING FUNDS
2019
Servant Foundation
$5K
EDUCATION
2019
RITER FAMILY FOUNDATION
$35K
EDUCATION
2018
CABE LEGACY FOUNDATION
$10K
OPERATING FUNDS
2018
Servant Foundation
$5K
EDUCATION
2018

Funded by

$1.6M from 13 funders · 34 grants · 2018–2024

Communities Foundation Of Texas Inc

$587K · 5 grants · 2019–2023

East Texas Communities Foundation

$400K · 5 grants · 2019–2024

Riter Family Foundation

$253K · 5 grants · 2018–2024

Fidelity Investments Charitable Gift Fund

$184K · 4 grants · 2021–2023

Cabe Legacy Foundation

$30K · 3 grants · 2018–2020

Servant Foundation

$20K · 3 grants · 2018–2023

National Philanthropic Trust

$18K · 1 grant · 2023

Details

EIN352519571
NTEE codeB20
Subsection03
Ruling date2015-05
Formed2014
Employees39
Volunteers33
PROMISE ACADEMY — Mission, Financials & Grants Received | Grantivo