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Promise Neighborhood Of Central Minnesota

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

EIN: 453233276 ✦ St cloud, MN ✦ Designated as a 501(c)(3)

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Overview

What is Promise Neighborhood Of Central Minnesota?

The Promise Neighborhood of Central Minnesota is a nonprofit organization situated in St. Cloud, Minnesota. Their primary mission is to empower Talahi families, assisting them in achieving their educational, economic, and community aspirations. They accomplish this through various initiatives. One notable program is a five-week summer camp, open to 35 children in elementary and middle school, which includes classroom curriculum, experiential learning, peer mentoring, and individual and group mentoring from community role models. The camp aims to prepare participants better for success in the classroom and foster strong relationships with positive adult mentors. With a team of 13 dedicated individuals, the Promise Neighborhood of Central Minnesota is committed to uplifting its community.


Official website here: www.pncentralmn.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)

The Promise Neighborhood of Central Minnesota has received a two-star rating from Charity Navigator, which indicates a need for improvement in certain areas. With an overall score of 73%, the organization demonstrates a solid performance in governance aspects like having a majority of independent board members and an effective conflict of interest policy. Its program expense ratio is strong, suggesting that a significant portion of its resources is directed towards its mission-related activities.

However, there are notable weaknesses that have contributed to the lower rating. The organization lacks a whistleblower policy and has not established adequate document retention and destruction practices, both of which received the lowest possible marks. These deficiencies in governance could raise concerns regarding transparency and accountability, which are essential for donor confidence and organizational integrity.

Despite these challenges, the organization has shown some strengths in its financial management, with a solid liabilities to assets ratio of 46.19%. This indicates a reasonable level of financial stability, allowing it to continue its programs and services effectively. Addressing the identified weaknesses may enhance its overall rating and improve its operations moving forward.


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

What do the Facebook reviews say about Promise Neighborhood Of Central Minnesota?

98% of 17 reviewers on Facebook recommend Promise Neighborhood of Central Minnesota. Here is a summary of their reviews:

Many individuals express enthusiasm about the organization and the opportunities it offers to engage with the community. There's a palpable sense of gratitude among supporters, who appreciate the impactful initiatives the nonprofit facilitates. Overall, it appears that this organization effectively meets the needs of those it serves, fostering a positive environment for involvement and support.


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

Is Promise Neighborhood Of Central Minnesota legitimate?

Promise Neighborhood Of Central Minnesota is a legitimate nonprofit organization registered as a 501(c)(3) entity. Promise Neighborhood Of Central Minnesota 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: $86,700
Professional Fundraising Fees: $0
Other Salaries and Wages: $166,266

For more financial information, click here


Official website here: www.pncentralmn.com

What is the mission statement of Promise Neighborhood Of Central Minnesota?

The Promise Neighborhood of Central Minnesota (PN) is committed to supporting Talahi families in achieving their educational, economic, and community aspirations. In line with this mission, PN engages with families and provides resources to help them overcome various challenges. One of their initiatives is a summer camp program, which offers a five-week program for elementary and middle school students. The program includes classroom curriculum, experiential learning, peer mentoring, and mentoring from adult role models from the community. Through these activities, the participants and their families are better prepared for success in the classroom and develop strong relationships with positive adult role models. The program also includes a walk-in program twice a week in June, further enhancing the support provided to the families.


Official website here: www.pncentralmn.com

Who is the CEO of Promise Neighborhood Of Central Minnesota?

Janice Sims is the Secretary of Promise Neighborhood Of Central Minnesota.


Official website here: www.pncentralmn.com

What is the revenue of Promise Neighborhood Of Central Minnesota?

Promise Neighborhood Of Central Minnesota's revenue in 2022 was $531,062.


Official website here: www.pncentralmn.com

Who are the executives of Promise Neighborhood Of Central Minnesota and what are their salaries?

The average compensation at Promise Neighborhood Of Central Minnesota during 2022 was $19,459. There are 13 employees and 45 volunteers at Promise Neighborhood Of Central Minnesota.


Here are 8 key members and their salaries:


Shannon Gustafson (Secretary)
  • Compensation: $4,800
  • Related: $0
  • Other: $0
Monica Schraut (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Wetterling (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Doom (Member Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Mohs (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Sims (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Wilcox (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Smith (Chair Of The Executive Com)
  • Compensation: $81,900
  • Related: $0
  • Other: $0


Official website here: www.pncentralmn.com

Where can I find the form 990 for Promise Neighborhood Of Central Minnesota?

Promise Neighborhood Of Central Minnesota's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pncentralmn.com

Learn more at the official website: www.pncentralmn.com

Mission Statement of Promise Neighborhood Of Central Minnesota

Promise Neighborhood Of Central Minnesota, abbreviated as PN, is committed to engaging the Talahi community and aiding them in achieving their educational, economic, and community aspirations. The organization's mission is to create an environment that empowers Talahi families to thrive, fostering personal growth and community development.

To accomplish this objective, PN implements various initiatives. One such program is a five-week summer camp, open to 35 elementary and middle school students. This camp incorporates classroom curriculum from certified teachers, experiential learning, peer mentoring, and individual and group mentoring from community role models. These activities not only prepare children better for academic success but also establish strong relationships with positive adult figures.

Additionally, PN offers a walk-in program twice a week during the summer months. This program aims to provide ongoing support and encouragement to both the participants and their families, fostering a sense of community and partnership. Through these efforts, PN strives to uplift the Talahi community, empowering them to achieve their aspirations and build a better future for themselves and their families.

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Impact




July, 2024

Promise Neighborhood Of Central Minnesota's impact can be seen through its Summer Camp program, which offers a free, five-week program for 35 kids in elementary and middle school in St Cloud, MN. This program includes classroom curriculum provided by a state-certified teacher, experiential learning, peer mentoring, and individual and group mentoring from adults in the community. As a result, participants and their families are better prepared for success in the classroom and have developed strong partnerships with positive adult role models. This initiative demonstrates the organization's commitment to engaging families and helping them achieve their educational, economic, and community aspirations, ultimately making a positive impact on the community as a whole.




This information is meant to be a general summary of Promise Neighborhood Of Central Minnesota. 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
$531,062 (2022)
Expenses
$607,285 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $143
  • Gross Receipts: $531,062

Assets and Liabilities:

  • Total Assets: $281,643
  • Total Liabilities: $130,117
  • Net Assets: $151,526

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Organization Details

Founding Year

2011

Principal Officer

Janice Sims

Main Address

PO BOX 6082, ST CLOUD, MN, 56302

NTEE Category

Code: P40 - Human services

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