Overview
What is Promise Center Inc?
Promise Center Inc is a public charity situated in Washington County, Tennessee, and Carter County, Tennessee. Their primary mission is to combat substance abuse, with a particular focus on alcohol, tobacco, and prescription drugs. They extend their services beyond these two counties, offering substance abuse recovery, education, and peer recovery assistance throughout an eight-county region in Northeast Tennessee. The organization's goal is to contribute positively to the community by providing preventive measures and support for individuals struggling with substance abuse.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star
Promise Center Inc has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The charity scored only 50% in this area, primarily due to a complete lack of independent board members and missing essential financial documentation, such as financial statements and tax forms on its website.
Despite these accountability issues, the organization demonstrates a commendable Program Expense Ratio of 97.81%, suggesting that the majority of its funds are allocated directly to its programs rather than administrative costs. However, the absence of key policies and documentation, such as conflict of interest and whistleblower policies, raises red flags about transparency and governance.
Moreover, the charity's liabilities to assets ratio is quite low at 0.02%, indicating a stable financial position in terms of asset management. Nonetheless, the overall lack of independent oversight and transparency could deter potential donors and stakeholders from supporting the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Promise Center Inc legitimate?
Promise Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Promise Center Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $96,996
Professional Fundraising Fees: $0
Other Salaries and Wages: $277,033
For more financial information, click here
What is the mission statement of Promise Center Inc?
Promise Center Inc, functioning as a public charity, is committed to combatting substance abuse issues, particularly alcohol, tobacco, and prescription drugs. Its mission extends beyond prevention, encompassing substance abuse recovery and educational services. Furthermore, the organization provides peer recovery support within an eight-county region in Northeast Tennessee.
Who is the CEO of Promise Center Inc?
Kris Bowers is the Treasurer of Promise Center Inc.
What is the revenue of Promise Center Inc?
Promise Center Inc's revenue in 2022 was $656,953.
Who are the executives of Promise Center Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $47,138
- Related: $0
- Other: $0
- Compensation: $30,385
- Related: $0
- Other: $0
- Compensation: $19,473
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Promise Center Inc?
Promise Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Promise Center Inc
Promise Center Inc, functioning as a public charity, is dedicated to combating substance abuse issues in the communities of Washington County TN and Carter County TN. With a primary focus on alcohol, tobacco, and prescription drug abuse, this organization offers a range of services to address this critical concern. Beyond prevention, Promise Center Inc also provides substance abuse recovery and educational programs, as well as peer recovery services, extending its reach to the eight-county region of Northeast Tennessee. The organization's mission is to contribute to the betterment of these communities by addressing substance abuse and offering support to individuals and families affected by it.
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Impact
July, 2024
Promise Center Inc's impact in the communities of Washington County TN, Carter County TN, and the wider eight-county region of Northeast Tennessee is significant. Through their substance abuse prevention services focused on alcohol, tobacco, and prescription drug abuse, they play a crucial role in promoting healthier lifestyles and reducing the harm caused by substance abuse. Moreover, their substance abuse recovery and education services, along with peer recovery services, provide much-needed support to individuals struggling with addiction, helping them on their journey towards recovery and wellness. The work of Promise Center Inc not only addresses immediate challenges related to substance abuse but also contributes to building stronger and more resilient communities in Tennessee.
This information is meant to be a general summary of Promise Center Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $13,856
- Gross Receipts: $656,953
Assets and Liabilities:
- Total Assets: $157,360
- Total Liabilities: $38
- Net Assets: $157,322
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RBS
Revenue
$13,856
SAMHSA
Organization Details
Principal Officer
Kris Bowers
Main Address
207 E Main St, Johnson City, TN, 37604
NTEE Category
Code: T30 - Philanthropy
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