NonprofitsPromise Academy

Education

Promise Academy

CLEVELAND, OH

Total revenue

$1.7M

Total expenses

$1.7M

Net assets

Grants received

EIN

760789317

Tax year

2023

Mission

Promise Academy recognizes that all students have the right to and deserve an education that prepares them for post-secondary success of their choosing. We educate and graduate students who have not been successful in traditional high school and have dropped out or are at risk of dropping out. We do this through flexible and individualized learning experiences supported by meaningful relationships with caring adults who are constantly learning from students and exemplifying high engagement learning for students.

Financials

FY 2023

Revenue

Contributions & grants$1.7M
Program service revenue
Investment income
Other revenue$748
Total revenue$1.7M

Expenses

Grants paid
Salaries & benefits$822K
Fundraising
Other expenses$894K
Total expenses$1.7M
Total assets$1.9M
Net assets

People

11 listed

NameRoleCompensation

Lynn Phares

President

Board

0.5 hrs/wk

Royce Muskeyvalley

Vice President

Board

0.3 hrs/wk

Helen Smith

Secretary

Board

0.3 hrs/wk

Kamlie Beshara

Treasurer

Board

1 hrs/wk

Lanee Williams

Director

Board

0.3 hrs/wk

Marius Boboc

Director

Board

0.3 hrs/wk

Kristine McDyer Puess

Director

Board

0.3 hrs/wk

Tonia DuPree

Director

Board

0.3 hrs/wk

Paige Crawford

Director

Board

0.3 hrs/wk

Cassandra Coin Sweeney

Director

Board

0.3 hrs/wk

Sara Edelman

Director

Board

0.3 hrs/wk

Details

EIN760789317
NTEE codeB29
Subsection03
Ruling date2011-05
Formed2005
Employees16
Volunteers0
PROMISE ACADEMY — Mission, Financials & Grants Received | Grantivo