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MISSION

Project Promise was formed solely to engage in exempt purposes by facilitating the education and development of underprivileged youth through mentorship and the provision of grants, educational and similar resources and general support.

 FORM 1023-EZ for PROJECT PROMISE

DEMOGRAPHIC

ADDRESS
4417 SECOND AVE UNIT 2B
48201
COUNTY
wayne county, MI
IN CARE OF NAME
ERIK ALAN WRIGHT

ORGANIZATIONAL OVERVIEW & RANKINGS

PROJECT PROMISE is a based in DETROIT, MI, focused on Educational Institutions and Related Activities causes , specifically Nonmonetary Support N.E.C.. Established in December 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 1,198,242 among 2,656,690 nonprofits nationally (Top 46%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 31,939 out of 79,991 organizations in MI (Top 40%).

In wayne county, MI, the organization ranks 5,921 out of 13,625 nonprofits by assets (Top 44%), while locally in detroit, it stands at 1,878 among 6,749 organizations (Top 28%).

The organization reported no revenue in the most recent filing period, placing it at 1,084,457 nationally and 41,683 in MI.

Within its specific NTEE classification (B19 - B: Educational Institutions and Related Activities), which includes 2,056 similar organizations, PROJECT PROMISE ranks 1,068 in assets (Top 51%) and 1,000 in revenue (Top 48%).

The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
B: Educational Institutions and Related Activities
NTEE CODE
B19: Nonmonetary Support N.E.C.
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
12/2021
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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