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Tomorrow's 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: 760626653 ✦ Huntsville, TX ✦ Designated as a 501(c)(3)

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Overview

What is Tomorrow's Promise Inc?

Tomorrow's Promise Inc is a dedicated nonprofit institution situated unspecified, focusing on education. Their primary objective is to establish a robust educational foundation for students, encouraging the development of critical thinking skills. By fostering a conducive learning environment, the organization aims to nurture students' intellectual growth and form lifelong learning habits.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 1-Star out of Four Stars (59%)

Tomorrow's Promise Inc has received a low rating of 59% from Charity Navigator, indicating significant concerns with its accountability and finance practices. While the organization excels in community engagement, reflected by a perfect score of 100 in Culture & Community, it struggles in key governance areas. The lack of independent board members and insufficient financial transparency are notable weaknesses, which may impact long-term viability and trust among stakeholders.

User reviews from Great Nonprofits present a much more positive view of Tomorrow's Promise, highlighting the dedicated staff and effective Montessori methods used in educating children. Many parents express gratitude for the transformative effects the program has had on their children's development and behavior. The organization is commended for its caring environment and innovative approaches to addressing community needs, such as partnering with the Imagination Library to promote literacy.

Despite the strong support from families and community members, the financial and governance concerns raised by Charity Navigator cannot be overlooked. Potential donors may want to weigh the positive feedback against the identified weaknesses in leadership and transparency as they consider their support for Tomorrow's Promise Inc.


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

Is Tomorrow's Promise Inc legitimate?

Tomorrow's Promise Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tomorrow's 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: $1,242,240

For more financial information, click here

What is the mission statement of Tomorrow's Promise Inc?

Tomorrow's Promise Inc, through its mission, focuses on providing a superior educational foundation for students. This is accomplished in an environment that encourages the development of critical thinking skills. The organization's primary objective is to foster a learning atmosphere that nurtures these essential habits, thereby preparing students for their future academic pursuits. By creating such an environment, Tomorrow's Promise aims to equip students with the necessary skills to navigate the complexities of their educational journey effectively.

Who is the CEO of Tomorrow's Promise Inc?

Kaye Boehning is the Director of Tomorrow's Promise Inc.

What is the revenue of Tomorrow's Promise Inc?

Tomorrow's Promise Inc's revenue in 2022 was $3,652,518.

Who are the executives of Tomorrow's Promise Inc and what are their salaries?

The average compensation at Tomorrow's Promise Inc during 2022 was $12,548. There are 99 employees at Tomorrow's Promise Inc.


Here are 6 key members and their salaries:


Robin Bailor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kaye Boehning (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Boehning (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Duane Frech (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betse Johns (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harry Johns (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Tomorrow's Promise Inc?

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

Mission Statement of Tomorrow's Promise Inc

Tomorrow's Promise Inc, a nonprofit organization, is dedicated to educating students by establishing an exceptional educational foundation. This is achieved in an environment that encourages the development of critical learning habits. By fostering this environment, Tomorrow's Promise aims to equip its students with the necessary skills for effective learning, setting them up for success in their academic pursuits and beyond.

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Impact




July, 2024

Tomorrow's Promise Inc's impact can be seen in the transformation of students through education. By providing an excellent educational foundation and fostering critical learning habits in Huntsville, TX, Tomorrow's Promise is helping to equip students with the necessary skills and knowledge to succeed. Through their focus on education, Tomorrow's Promise is shaping the future of the community by empowering students to reach their full potential and contribute positively to society.




This information is meant to be a general summary of Tomorrow's 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
$3,652,518 (2022)
Expenses
$2,721,248 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,854
  • Program Service Revenue: $2,032,009
  • Gross Receipts: $3,652,518

Assets and Liabilities:

  • Total Assets: $1,765,054
  • Total Liabilities: $817,378
  • Net Assets: $947,676

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Programs

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

EDUCATIONAL SERVICES

Revenue

$2,032,009

Organization Details

Founding Year

2000

Principal Officer

Kaye Boehning

Main Address

2817 OLD HOUSTON RD, HUNTSVILLE, TX, 77340

NTEE Category

Code: B21 - Education

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