PROMISE ACADEMY INC OUR CENTRAL AND ONLY WORK IS TO TEACH AND INSPIRE THE MIND, BODY AND SPIRIT OF OUR CHILDREN SO THAT THEY CAN SUCCEED IN ANY ACADEMIC OR CULTURAL SETTING. PROMISE ACADEMY IS COMMITTED TO PREPARING CHILDREN TO EXCEL IN THE NATION'S MOST REGOROUS SCHOOLS.
PROMISE ACADEMY INC has received 28 grants from 11 known foundation funders. Revenue decreased from $5,290,516 in 2023 to $5,159,361 in 2024. Most recent reported revenue: $5,159,361.
Annual Revenue
$5,159,361
Known Funders
11
Grants Received
28
Financial History
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $5,159,361 | $5,386,522 | $3,749,890 |
| 2023 | $5,290,516 | $5,568,628 | $4,194,373 |
| 2022 | $5,346,212 | $5,741,547 | $4,499,082 |
| 2021 | $6,428,391 | $5,692,124 | $7,397,276 |
| 2020 | $5,120,394 | $4,485,883 | $3,483,000 |
| 2019 | $4,883,444 | $4,879,997 | $3,073,738 |
| 2018 | $5,177,346 | $4,890,430 | $2,317,903 |
| 2017 | $4,648,895 | $4,534,681 | $2,024,890 |
Top Funders
MEMPHIS, TN
Memphis, TN
MEMPHIS, TN
WASHINGTON, DC
MEMPHIS, TN
Memphis, TN
Memphis, TN
Memphis, TN
Memphis, TN
Memphis, TN
Showing top 10 of 11 funders.
Key Personnel
From 2024 IRS 990 filing
STEVEN TERRY
FACILITIES MANAGER
JEFFREY MONROE
PRINCIPAL
CARMEN FONDREN
FINANCIAL MANAGER
WILLIE RICHARDSON
CHIEF OF TECHNOLOGY
KIASI MALONE
CHIEF OF ACCOUNTABILITY
PATRICK WASHINGTON
EXECUTIVE DIRECTOR
KATHERINE WHITE
BOARD MEMBER
EMMA REDDEN
BOARD MEMBER
CHARLES GERBER
PRESIDENT & CHAIRMAN
STEPHANIE CHITTOM
TREASURER
Showing 10 of 16 key personnel.
Frequently Asked Questions
Other Nonprofits in Tennessee
Unlock Full Nonprofit Data
Sign up for free to access the complete funder list, financial history, program details, key personnel, and smart matching.