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Promise Of Democracy Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 264261551 ✦ Cleveland, OH ✦ Designated as a 501(c)(3)

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Overview

What is Promise Of Democracy Foundation Inc?

The Promise of Democracy Foundation, situated in Cleveland, Ohio, is a dedicated nonprofit organization. Its primary focus lies in championing democratic values and advocating for voting rights, with a particular emphasis on enhancing the well-being of African American and underprivileged communities. Beyond this, the foundation engages in initiatives related to climate justice and community safety. Moreover, a significant part of their mission involves fostering capacity building programs, primarily for grassroots support, to empower local communities.


Official website here: www.promiseofdemocracy.org

Is Promise Of Democracy Foundation Inc legitimate?

Promise Of Democracy Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Promise Of Democracy Foundation Inc submitted a form 990EZ, 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.


Official website here: www.promiseofdemocracy.org

What is the mission statement of Promise Of Democracy Foundation Inc?

The Promise of Democracy Foundation, in its mission, focuses on promoting democratic values and advocating for voting rights. The organization aims to enhance the quality of life in underserved communities, particularly those of African descent. Additionally, the foundation develops programs for climate justice and community safety. A significant aspect of their work involves capacity building, particularly for grassroots support. This is done to empower local communities and strengthen their ability to effect change.


Official website here: www.promiseofdemocracy.org

Who is the CEO of Promise Of Democracy Foundation Inc?

Gregory Moore is the President of Promise Of Democracy Foundation Inc.


Official website here: www.promiseofdemocracy.org

What is the revenue of Promise Of Democracy Foundation Inc?

Promise Of Democracy Foundation Inc's revenue in 2022 was $78,092.


Official website here: www.promiseofdemocracy.org

Who are the executives of Promise Of Democracy Foundation Inc and what are their salaries?


Here are 4 key members and their salaries:


Gregory Moore (President)
  • Compensation: $15,000
  • Related: $0
  • Other: $0
David Holt (Treasurer)
  • Compensation: $1,000
  • Related: $0
  • Other: $0
Jean Moore (Secretary)
  • Compensation: $500
  • Related: $0
  • Other: $0
Cynthia Downs-Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.promiseofdemocracy.org

Where can I find the form 990EZ for Promise Of Democracy Foundation Inc?

Promise Of Democracy Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.promiseofdemocracy.org

Learn more at the official website: www.promiseofdemocracy.org

Mission Statement of Promise Of Democracy Foundation Inc

The Promise of Democracy Foundation, in its mission, strives to foster democratic values and advocate for voting rights in communities that are traditionally underserved and primarily comprise African Americans. Beyond promoting political participation, this nonprofit organization also focuses on environmental justice and safety, developing programs to address these issues. Furthermore, the Promise of Democracy Foundation places a significant emphasis on capacity building for grassroots support, aiming to empower local communities to shape and influence their own futures.

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Impact




August, 2024

The Promise of Democracy Foundation Inc based in Cleveland, OH, has a significant impact on promoting democratic values and voting rights to enhance the quality of life in African American and underserved communities. By focusing on programs for climate justice and creating safe communities, the organization plays a vital role in advocating for social equity and empowerment. Additionally, their emphasis on capacity building for grassroots support helps strengthen community voices and foster positive change. Through these efforts, the Promise of Democracy Foundation makes a substantial contribution to advancing social justice and civic engagement in the region.




This information is meant to be a general summary of Promise Of Democracy Foundation 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.

Revenue
$78,092 (2022)
Expenses
$57,900 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $436
  • Gross Receipts: $78,092

Assets and Liabilities:

  • Total Assets: $46,498
  • Total Liabilities: $7,800
  • Net Assets: $38,698

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Organization Details

Principal Officer

Gregory Moore

Main Address

600 Superior Ave East Ste 1300, Cleveland, OH, 44114

NTEE Category

Code: W24 - Public benefit

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