Overview
What is Promise686 Inc?
Promise686 Inc is a nonprofit organization situated in Peachtree Corners, Georgia. Their primary goal is to mobilize church communities to support vulnerable children, aiming to uphold God's promise of providing families for the lonely (Psalm 68:6). In 2022, they provided leadership training, resources, and support to 1,335 churches, enabling over 13,000 volunteers to serve children and families in Care Communities. Furthermore, they collaborate with 35 affiliated non-profits across 34 states, offering guidance and resources to help these organizations better serve at-risk children in their respective communities. With a dedicated workforce of 29 employees, Promise686 Inc strives to prevent children from entering the foster care system, intervene when they do, and connect families in need of a permanent home.
Official website here: www.promise686.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 92%, Four-Star out of Four Star rating.
Promise686 Inc has received a commendable score of 92%, reflecting its strong emphasis on accountability and finance. The organization boasts 100% independent board members and adheres to comprehensive policies regarding conflict of interest, whistleblower protections, and document retention. Such governance structures are vital in ensuring transparency and trust with donors and stakeholders.
The organization effectively manages its resources, highlighted by a program expense ratio of 75.86%, indicating that a significant portion of funds directly supports its mission. Additionally, the fundraising efficiency is impressive at $0.14 per dollar raised, which demonstrates a low cost of fundraising relative to the funds generated. This efficiency allows more resources to be allocated toward their programs and initiatives.
Despite these strengths, the summary does not indicate any specific areas for improvement or limitations in the operations of Promise686 Inc. Overall, the organization appears to be well-managed, effectively serving its mission while maintaining high standards of accountability and financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Promise686 Inc legitimate?
Promise686 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Promise686 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: $615,813
Professional Fundraising Fees: $4,500
Other Salaries and Wages: $997,992
For more financial information, click here
Official website here: www.promise686.org
What is the mission statement of Promise686 Inc?
Promise686 Inc, as a nonprofit organization, focuses on fulfilling God's promise to provide families for the lonely (Psalm 68:6). Their mission is to engage families and church communities in preventing children from entering the foster care system, offering support when children are already in the system, and connecting them with permanent families when needed. The organization provides core services such as adoption grant assistance, church ministry implementation, volunteer support, and educational resources for adoptive and foster families.
Official website here: www.promise686.org
Who is the CEO of Promise686 Inc?
Andrew Cook is the Chairman of Promise686 Inc. The CEO's salary of Promise686 Inc is $227,708 and their total compensation is $248,208.
Official website here: www.promise686.org
What is the revenue of Promise686 Inc?
Promise686 Inc's revenue in 2022 was $2,536,239.
Official website here: www.promise686.org
Who are the executives of Promise686 Inc and what are their salaries?
The average compensation at Promise686 Inc during 2022 was $55,648. There are 29 employees and 13350 volunteers at Promise686 Inc.
Here are 12 key members and their salaries (Promise686 Inc's CEO's salary is $227,708 and their total compensation is $248,208):
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- Other: $0
- Compensation: $227,708
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- Other: $20,500
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- Compensation: $132,713
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- Other: $2,600
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- Compensation: $144,553
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- Other: $0
- Compensation: $110,839
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- Other: $0
Official website here: www.promise686.org
Where can I find the form 990 for Promise686 Inc?
Promise686 Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.promise686.org
Learn more at the official website: www.promise686.org
Mission Statement of Promise686 Inc
Promise686 Inc is a nonprofit organization dedicated to fulfilling God's promise of providing a family for the lonely (Psalm 68:6). Their mission is centered around mobilizing church communities to care for vulnerable children. This mission involves three key aspects: preventing children from entering the foster care system, intervening when children do enter, and connecting children with permanent families when needed.
Promisingly, Promise686 Inc offers a range of services to achieve these goals. They provide adoption grant assistance, which helps families navigate the often costly process of adopting. Furthermore, they facilitate church ministry implementation, encouraging churches to actively engage in supporting vulnerable children. Additionally, Promise686 Inc offers volunteer support and adoptive and foster care education, equipping individuals and communities to better understand and respond to the needs of children in these circumstances.
In essence, Promise686 Inc serves as a bridge, connecting children in need with loving families and supportive communities. Their mission is driven by a deep commitment to fulfilling God's promise of family for the lonely, and they strive to accomplish this through a variety of practical and supportive services.
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Impact
October, 2024
Promise686 Inc has made a significant impact on the lives of vulnerable children and families across the United States. In 2022, the organization empowered 1,335 churches through its Family Advocacy Ministry (FAM), providing essential leadership training, ongoing volunteer support, digital resources, and coalition-building activities. By mobilizing over 13,350 volunteers into dedicated Care Communities, Promise686 facilitated direct support for children at risk and their families.
Through collaboration with 35 affiliated non-profits, Promise686 effectively expanded its resources and guidance, enhancing the capabilities of local organizations in 34 states. The organization's efforts focus on preventing children from entering the foster care system, intervening when they do, and ensuring they are connected with permanent homes. Key services include adoption grant assistance, church ministry implementation, and educational resources for adoptive and foster care families.
By fostering a community-oriented approach, Promise686 is fulfilling its mission to serve vulnerable children, promote family preservation, and actively respond to the needs within local communities, thereby transforming lives and strengthening families.
This information is meant to be a general summary of Promise686 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.
- Investment Income: $1,464
- Program Service Revenue: $115,423
- Gross Receipts: $2,682,252
Assets and Liabilities:
- Total Assets: $2,065,741
- Total Liabilities: $528,799
- Net Assets: $1,536,942
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Clinics
Revenue
$34,095
Affiliate & Church Fees
Revenue
$66,678
Promise Serves
Revenue
$14,650
Organization Details
Founding Year
2009
Phone
(770) 274-6560Principal Officer
Andrew Cook
Main Address
5300 Triangle Parkway, Peachtree Corners, GA, 30092
Website
www.promise686.orgNTEE Category
Code: P20 - Human services
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