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Project Promise

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

EIN: 474718545 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Project Promise?

Project Promise is a nonprofit organization situated in Chicago, Illinois, with a team of 19 dedicated individuals. Their primary mission is to offer academic and career counseling services to high school students, aiming to help them graduate and secure college admissions. Through this initiative, they have successfully assisted over 560 students, ensuring that 100% of their graduating high school students completed the Free Application for Federal Student Aid (FAFSA) and gained acceptance into colleges. Project Promise's work extends beyond providing counseling, as they support students in completing essential applications and applications for higher education.


Official website here: www.projectpromiseil.com

Is Project Promise legitimate?

Project Promise is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project Promise 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $252,399

For more financial information, click here


Official website here: www.projectpromiseil.com

What is the mission statement of Project Promise?

Project Promise offers academic and career counseling services to high school students, aiming to assist them in graduating from high school and securing college acceptance. Their mission is to provide these students with the necessary guidance and resources to navigate their educational paths and increase their chances of higher education opportunities. Through their services, they have helped over 560 students complete their FAFSA applications and gain acceptance into colleges.


Official website here: www.projectpromiseil.com

Who is the CEO of Project Promise?

Lois Britton is the Executive Director of Project Promise.


Official website here: www.projectpromiseil.com

What is the revenue of Project Promise?

Project Promise's revenue in 2022 was $665,816.


Official website here: www.projectpromiseil.com

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

The average compensation at Project Promise during 2022 was $13,284. There are 19 employees at Project Promise.

There is 1 key member and their salary:

    Lois Britton (Executive Director)
  • Compensation: $86,000
  • Related: $0
  • Other: $0


  • Official website here: www.projectpromiseil.com

    Where can I find the form 990 for Project Promise?

    The Project Promise’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.projectpromiseil.com

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

    Mission Statement of Project Promise

    Project Promise, a nonprofit organization, is dedicated to providing academic and career counseling services to high school students. Their mission is to assist these students in overcoming challenges and achieving their educational goals. By offering comprehensive counseling services, Project Promise helps students navigate the process of completing high school and gaining acceptance into colleges. The organization has successfully aided over 560 students, with all graduating high school and securing college placements. An impressive achievement, Project Promise's services in FAFSA applications completion and college acceptance have significantly contributed to the students' futures.

    Impact

    This information is meant to be a general summary of Project Promise. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Project Promise has had a significant impact in Chicago by providing academic and career counseling services to over 560 high school students. Through their efforts, 100% of graduating high school students completed FAFSA applications and were accepted into college. This success reflects the organization's commitment to supporting students in achieving their educational goals and successfully transitioning to higher education.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $665,816

    • Assets and Liabilities:
  • Total Assets: $98,927
  • Total Liabilities: $10,966
  • Net Assets: $87,961
  • Organization Details

    Founding Year

    2015

    Principal Officer

    Lois Britton

    Main Address

    9400 S MICHIGAN AVE, Chicago, IL, 60619

    NTEE Category

    Code: B01 - Education

    If you are a representative of Project Promise and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.