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Booker Promise Foundation Inc

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

EIN: 842585940 ✦ Sarasota, FL ✦ Designated as a 501(c)(3)

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Overview

What is Booker Promise Foundation Inc?

Booker Promise Foundation Inc, based in Sarasota, Florida, is a nonprofit organization dedicated to supporting students from Booker High School. They offer college scholarships to eligible students who are part of the Booker Promise Scholarship Program. This financial aid aims to empower these students by providing them with the opportunity to pursue higher education. The foundation's mission is clear: to foster academic growth and success among its scholar recipients.


Official website here: www.bookerpromise.org

Is Booker Promise Foundation Inc legitimate?

Booker Promise Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Booker Promise Foundation 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.bookerpromise.org

What is the mission statement of Booker Promise Foundation Inc?

The Booker Promise Foundation Inc's primary mission is to provide financial aid in the form of college scholarships. This aid is specifically designed for high school students who are in need and are actively participating in the Booker Promise Scholarship Program. The foundation's purpose is to empower these students by enabling them to pursue higher education, thereby potentially opening up a wide range of opportunities for their future. The Foundation's activities are centered around providing scholarships, with the aim of supporting the academic aspirations of deserving students.


Official website here: www.bookerpromise.org

Who is the CEO of Booker Promise Foundation Inc?

Michael Shelton is the Director of Booker Promise Foundation Inc.


Official website here: www.bookerpromise.org

What is the revenue of Booker Promise Foundation Inc?

Booker Promise Foundation Inc's revenue in 2023 was $435,100.


Official website here: www.bookerpromise.org

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


Here are 8 key members and their salaries:


Lem Andrews (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Chamberlain (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kc Suzuki Esq (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lewis Solomon Esq (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Barbara J Lorry (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev William Shaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Rachel Shelley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Shelton (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bookerpromise.org

Where can I find the form 990 for Booker Promise Foundation Inc?

Booker Promise Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.bookerpromise.org

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

Mission Statement of Booker Promise Foundation Inc

The Booker Promise Foundation Inc is committed to providing college scholarships to high school students in need. This nonprofit organization's mission is centered around supporting students from Booker High School by offering financial aid through its Booker Promise Scholarship Program. The foundation aims to empower these students, enabling them to pursue higher education and build a solid foundation for their future. By providing scholarships, the Booker Promise Foundation Inc is not only alleviating financial burdens but also opening doors to opportunities that may otherwise be out of reach for these students. This commitment to education and empowerment is a testament to the Booker Promise Foundation Inc's dedication to fostering the growth and success of its beneficiaries.

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Impact




October, 2024

Booker Promise Foundation Inc significantly impacts the educational landscape by providing college scholarships to high school students in need at Booker High School. Through the Booker Promise Scholarship Program, it empowers students to pursue higher education, removing financial barriers that often limit access to college. This initiative not only fosters academic achievement but also nurtures a sense of hope and aspiration among the students, encouraging them to envision a brighter future. By investing in the youth of Sarasota, the foundation helps cultivate a more educated and skilled community, ultimately contributing to the overall growth and development of the region.




This information is meant to be a general summary of Booker Promise Foundation 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
$435,100 (2023)
Expenses
$361,403 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $310
  • Gross Receipts: $435,100

Assets and Liabilities:

  • Total Assets: $279,358
  • Total Liabilities: $0
  • Net Assets: $279,358

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Organization Details

Founding Year

2019

Principal Officer

Michael Shelton

Main Address

PO BOX 2299, SARASOTA, FL, 34239

NTEE Category

Code: B11 - Education

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