NonprofitsWaterbury Promise Inc

Waterbury Promise Inc

WATERBURY, CT

Total revenue

$2.4M

Total expenses

$1.2M

Net assets

$7.2M

Grants received

$135K

10 grants

EIN

874763561

Tax year

2024

Mission

Waterbury promise, inc. Is a connecticut charitable organization dedicated to increasing college aspirations, reducing financial barriers and inspiring every waterbury student toward post-secondary education and completion. The program's comprehensive college access, success and career readiness model is centered on a generous last-dollar scholarship designed to bridge the financial gap after all individual grants, financial aid, and other scholarships have been applied. Equally important, are the wrap-around support services and resources provided to ensure students persist to graduation, are career ready, and earn a life-changing degree. This holistic model focuses on breaking down all barriers (financial, academic, social-emotional, etc.) to post-secondary education and completion.

Financials

FY 2024

Revenue

Contributions & grants$2.0M
Program service revenue
Investment income$307K
Other revenue$3K
Total revenue$2.4M

Expenses

Grants paid$718K
Salaries & benefits$345K
Fundraising$193K
Other expenses$172K
Total expenses$1.2M
Total assets$7.2M
Net assets$7.2M

People

14 listed

NameRoleCompensation

PAUL K PERNEREWSKI JR

DIRECTOR

Board

1 hrs/wk

DARREN SCHWARTZ

DIRECTOR

Board

1 hrs/wk

KELONDA MAULL

EXECUTIVE DIRECTOR

Board

40 hrs/wk

ADRIENNE PARKMOND

BOARD CHAIR

Board

2 hrs/wk

KAREN HARVEY

BOARD VICE CHAIR

Board

2 hrs/wk

STEVEN E SCHNEIDER

BOARD VICE CHAIR

Board

2 hrs/wk

SEAN MOSLEY

TREASURER

Board

2 hrs/wk

LEEANN NEAL

SECRETARY

Board

2 hrs/wk

MAURICE B MOSLEY

DIRECTOR

Board

1 hrs/wk

NEIL M O'LEARY

DIRECTOR

Board

1 hrs/wk

MARCIA TEJEDA

DIRECTOR

Board

1 hrs/wk

JOSH CAREY

ADVISORY, NON-VOTING MEMBE

Board

1 hrs/wk

SANDRA D WILSON

DIRECTOR

Board

1 hrs/wk

HEDY AYERS

DIRECTOR OF DEVELOPMENT &

Staff

40 hrs/wk

Grants received

Showing 10 of 10

FromAmountPurposeYear
$25K
General & Unrestricted
2024
$16K
GENERAL OPERATING
2024
$10K
TO SUPPORT WATERBURY PROMISE'S COMPREHENSIVE COLLEGE ACCESS AND SUCCESS PROGRAM
2024
$25K
General & Unrestricted
2023
$12K
Support Sick and Hungry Kids
2023
$9K
FUND STUDENT SCHOLARSHIPS
2023
$7K
BRASS SITE REAPPLICATION
2023
$3K
To assist in funding the agency's emergency fund.
2023
$3K
PROVIDES COLLEGE SCHOLARSHIPS AND SUPPORT TO WATERBURY CT STUDENTS
2023

Funded by

$135K from 9 funders · 10 grants · 2023–2024

Webster Bank Charitable Foundation

$50K · 2 grants · 2023–2024

Ion Bank Foundation Inc

$25K · 1 grant · 2023

Cla Foundation

$16K · 1 grant · 2024

Joy In Childhood Foundation Inc

$12K · 1 grant · 2023

Liberty Bank Foundation Inc

$10K · 1 grant · 2024

Saint Mary's Hospital Inc

$9K · 1 grant · 2023

Details

EIN874763561
Subsection03
Ruling date2022-08
Formed2021
Employees0
Volunteers14
WATERBURY PROMISE INC — Mission, Financials & Grants Received | Grantivo