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Promise Schools

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

EIN: 464341453 ✦ Detroit, MI ✦ Designated as a 501(c)(3)

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Overview

What is Promise Schools?

Promise Schools is a nonprofit organization situated in Detroit, Michigan, with the postal address 15000 TROJAN, MI 48235. Their mission is primarily focused on enhancing urban schools, aiming to prepare all students for higher education opportunities beyond secondary school. They provide instructional and administrative support to facilitate effective school management. With a team of six dedicated individuals, Promise Schools strives to improve urban educational institutions, setting them on a path where students can pursue college and other post-secondary studies.


Official website here: www.americanpromiseschools.org

Is Promise Schools legitimate?

Promise Schools is a legitimate nonprofit organization registered as a 501(c)(3) entity. Promise Schools 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: $147,598

For more financial information, click here


Official website here: www.americanpromiseschools.org

What is the mission statement of Promise Schools?

Promise Schools' mission is centered around improving urban schools. They aim to transform these schools into institutions that guide all students towards higher education, including college and post-secondary studies. Essentially, their goal is to ensure urban schools are not just good, but great, setting every student on a path towards further studies. The organization provides instructional and administrative support to facilitate effective school management.


Official website here: www.americanpromiseschools.org

Who is the CEO of Promise Schools?

Erica Robertson is the Ceo of Promise Schools. The CEO's salary of Promise Schools is $245,417 and their total compensation is $245,417.


Official website here: www.americanpromiseschools.org

What is the revenue of Promise Schools?

Promise Schools's revenue in 2022 was $2,500.


Official website here: www.americanpromiseschools.org

Who are the executives of Promise Schools and what are their salaries?

The average compensation at Promise Schools during 2022 was $24,600. There are 6 employees at Promise Schools.


Here are 8 key members and their salaries (Promise Schools's CEO's salary is $245,417 and their total compensation is $245,417):


Erica Robertson (Ceo)
  • Compensation: $245,417
  • Related: $0
  • Other: $0
Quan Neloms (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Saul Green (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruno Olvera (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyrone Davenport (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rico Razo (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jesus Hernandez (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Watson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.americanpromiseschools.org

Where can I find the form 990 for Promise Schools?

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


Official website here: www.americanpromiseschools.org

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

Mission Statement of Promise Schools

Promise Schools, a nonprofit organization, has a straightforward mission: to enhance urban schools and place all students on a path towards higher education. By their definition, great schools are those that empower students to pursue college and other post-secondary studies. To achieve this mission, Promise Schools provides instructional and administrative support to effectively manage urban schools. Their goal is to transform these institutions into environments that nurture and prepare students for their future academic pursuits.

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Impact




October, 2024

Promise Schools significantly impacts urban education by enhancing the quality of schools in Detroit, MI. Its mission revolves around transforming urban schools into environments where all students are equipped for college and other post-secondary opportunities. By providing comprehensive instruction and administrative support, Promise Schools facilitates effective school management, leading to improved educational outcomes.

The organization's focus on fostering great schools means prioritizing student achievement and ensuring that every child has access to the resources and guidance necessary for success in their educational journey. As a result, Promise Schools plays a crucial role in breaking down barriers to education in urban areas, paving the way for a brighter future for students and the communities they belong to.




This information is meant to be a general summary of Promise Schools. 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
$4,086,969 (2022)
Expenses
$4,884,629 (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: $2,500
  • Gross Receipts: $2,500

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MANAGEMENT FEES

Revenue

$2,500

Organization Details

Founding Year

2013

Principal Officer

Erica Robertson

Main Address

15000 TROJAN, DETROIT, MI, 48235

NTEE Category

Code: B90 - Education

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