DEMOGRAPHIC
ADDRESS
504 W 32ND ST
75702
COUNTY
smith county, TX
IN CARE OF NAME
SARAH CUMMING
ORGANIZATIONAL OVERVIEW & RANKINGS
PROMISE ACADEMY is a based in TYLER, TX, focused on Educational Institutions and Related Activities causes , specifically Elementary, Secondary Education, K - 12. Established in May 2015, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $1,247,574.00, this ranks 192,417 among 2,656,690 nonprofits nationally (Top 8%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 11,952 out of 202,022 organizations in TX (Top 6%).
In smith county, TX, the organization ranks 126 out of 1,950 nonprofits by assets (Top 7%), while locally in tyler, it stands at 106 among 1,393 organizations (Top 8%).
The organization reported annual revenue of $971,713.00, ranking 128,132 nationally (Top 5%) and 7,175 in TX (Top 4%).
Within its specific NTEE classification (B20 - B: Educational Institutions and Related Activities), which includes 6,864 similar organizations, PROMISE ACADEMY ranks 1,097 in assets (Top 16%) and 1,409 in revenue (Top 21%).
The organization files a 990 (all other) or 990EZ return and operates on a May 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
B20 : Elementary, Secondary Education, K - 12
FOUNDATION CODE
11: School 170(b)(1)(A)(ii)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$1,034,313.00
FORM 990 REVENUE AMOUNT
$971,713.00
RULING DATE
05/2015
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$1,247,574.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
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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