CSCharityScored
43

Promise Academy

Education · Tyler, Texas

504 W 32Nd St, Tyler, TX 75702-1209

EIN: 352519571· Founded: May 2015· 11 years active· Filing Year: 2023

Annual Revenue

$972K

Total Expenses

$1.1M

Total Assets

$1.2M

Program Spending

8%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$49K

4.5% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$653K

Total Payroll

$702K

65% of total expenses

Where the Money Goes

8%
Programs: 8%
Payroll: 65%
Other overhead: 92%
Program Revenue$84K (9%)
Total Expenses$1.1M (100%)
Payroll$702K (65%)
Overhead (non-program)92%

Trust Score Breakdown

Program Spending Ratio

8% of expenses go to programs

40%

Revenue & Stability

$972K annual revenue

15%

Executive Compensation

$49K total officer comp (4.5% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$1.2M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.