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Social Promise Inc

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

EIN: 452819526 ✦ Greencastle, IN ✦ Designated as a 501(c)(3)

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Overview

What is Social Promise Inc?

Social Promise Inc is a nonprofit organization situated in Greencastle, Indiana. Their primary mission is to alleviate poverty and support the essential health and educational needs of Ugandan civilians living in extreme poverty. They accomplish this by collaborating with LACOR Hospital in Uganda. This partnership aims to provide crucial resources, enhancing the overall well-being of the local community.


Official website here: www.socialpromise.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%

Social Promise Inc has received a Three-Star out of Four Star rating from Charity Navigator, indicating a solid performance in accountability and transparency. With an impressive Program Expense Ratio of 98.60% and a perfect score in Leadership & Adaptability, the organization demonstrates a strong commitment to efficient fund allocation and effective governance. The high scores in Feedback Collection and Usage highlight the organization's focus on community engagement and responsiveness.

User feedback consistently praises Social Promise for its impactful work in Uganda, specifically in Gulu. Donors and volunteers commend the organization for leveraging community partnerships to address local needs without perpetuating dependency. Many reviews highlight the dedication of the organization’s staff and board members, emphasizing their passion and commitment to improving lives.

However, while the overwhelming sentiment is positive, some limitations in financial ratios, such as the Working Capital Ratio of 0.33 years, indicate potential challenges in liquidity. Despite this, the organization’s strong community ties and commitment to transparency ensure that donations are effectively utilized to support their mission of aiding vulnerable populations in Uganda.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

What do the Facebook reviews say about Social Promise Inc?

100% of 5 reviewers on Facebook recommend Social Promise Inc. Here is a summary of their reviews:

Reviewers highlight the organization's dedication and hard work, noting that their efforts significantly benefit the community in Gulu. The commitment demonstrated by Social Promise Inc. is well-regarded, fostering a sense of trust and appreciation among supporters.

Overall, the sentiments express high satisfaction with the nonprofit’s initiatives and the positive impact it has on the lives of those it serves. It’s clear that Social Promise Inc. is making a meaningful difference in its community.


This AI summary has been generated from reviews found on Facebook.

Is Social Promise Inc legitimate?

Social Promise Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Social Promise 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.socialpromise.org

What is the mission statement of Social Promise Inc?

Social Promise Inc is committed to providing essential health and educational resources to civilians in Uganda who are living in extreme poverty. Their mission is centered around supporting these vital resources, and they have partnered with LACOR Hospital in Uganda to carry out their mission. The organization aims to improve the lives of these individuals by providing them with the necessary healthcare and educational opportunities. Through their efforts, Social Promise Inc seeks to contribute to a more equitable and improved quality of life for these Ugandan civilians.


Official website here: www.socialpromise.org

Who is the CEO of Social Promise Inc?

Sharon Mcgee Crary is the Director of Social Promise Inc.


Official website here: www.socialpromise.org

What is the revenue of Social Promise Inc?

Social Promise Inc's revenue in 2022 was $1,702,605.


Official website here: www.socialpromise.org

Who are the executives of Social Promise Inc and what are their salaries?


Here are 8 key members and their salaries:


Claire Dunnett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ann Etling (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monica Fennell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Francis Fordjour (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Dennery Goslee (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Mcgee (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paige Newbern (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Mcgee Crary (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.socialpromise.org

Where can I find the form 990 for Social Promise Inc?

Social Promise Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.socialpromise.org

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

Mission Statement of Social Promise Inc

Social Promise Inc, a nonprofit organization, is committed to providing essential health and educational resources for Ugandan civilians living in extreme poverty. Their mission is to support these individuals by collaborating with LACOR Hospital in Uganda. By doing so, they aim to improve the well-being and future prospects of these individuals, offering them a chance to break free from the cycle of poverty.

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Impact




July, 2024

Social Promise Inc's impact is profound, as it provides critical health and education resources for Ugandan civilians living in extreme poverty. By partnering with Lacor Hospital in Uganda, this organization effectively supports the well-being and educational needs of individuals facing challenging circumstances. The initiatives undertaken by Social Promise Inc directly contribute to improving the lives of disadvantaged communities in Uganda, addressing crucial issues such as healthcare accessibility and educational opportunities. This impactful work underscores the organization's commitment to making a positive difference in the lives of those in need.




This information is meant to be a general summary of Social Promise 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
$1,702,605 (2022)
Expenses
$2,639,910 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $34
  • Gross Receipts: $1,729,530

Assets and Liabilities:

  • Total Assets: $852,559
  • Total Liabilities: $5,140
  • Net Assets: $847,419

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Organization Details

Founding Year

2011

Principal Officer

Sharon Mcgee Crary

Main Address

650 SOUTH WOODED HILLS DR, GREENCASTLE, IN, 46135

NTEE Category

Code: Q32 - International

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