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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education LA Promise Fund

LA Promise Fund

Fiscal year ending 2020. Filed on May 10, 2021.

1933 S Broadway Suite 1108
Los Angeles, California 90007

LA Promise Fund (EIN: 20-4562686) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, LA Promise Fund, a 501(c)(3) charitable organization, reported compensation for 7 out of 136 total employees. Among the employees shown here, the average compensation is $168,468. The highest compensated employee at LA Promise Fund is Veronica Melvin with fiscal year 2020 compensation of $260,832.

Revenue, expenses, and employee compensation

Revenue

$11,950,432

Expenses

$11,189,090

Employee compensation

$6,328,344
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Veronica Melvin
President and Chief Executive Officer
$260,832
$228,035 No related comp$32,797
Ben Austin
ED KID Coalition
$234,785
$195,436 No related comp$39,349
Claudia Keller
Chief Development Officer
$173,016
$155,388 No related comp$17,628
Rachelle McClendon-Alexander
Director of Partner School
$142,281
$126,047 No related comp$16,234
Donna Jacobson
Schools Director
$141,670
$124,641 No related comp$17,029
David Carr
Principal of Lapcms
$118,986
$102,330 No related comp$16,656
Gina Lutcher
Principal of Lapchs
$107,705
$101,577 No related comp$6,128

Benchmark Employee Compensation

Non-Employee Board Members

Ali Powell
Director
Alison Temple
Director
Allan Mayer
Director
Amit Verma
Director
Andrea Foggy-Paxton
Director
Brian McNamee
Director
Cathy Bender
Director
Christopher Brearton
Director
Danielle Vick
Director
Dean Hallett
Director
Elizabeth Mann
Secretary
Eric Reed
Director

Mission Statement

PREPARING LOS ANGELES STUDENTS FOR SUCCESS IN COLLEGE, CAREER AND LIFE.WORKING THROUGH A NETWORK OF HIGH-PERFOMING,COMMUNITY-BASED SCHOOLS AND A PORTFOLIO OF PROGRAMS THAT REACH STUDENTS THROUGHOUT LA COUNTY,THE LA PROMISE FUND CREATES VIBRANT COMMUNITY HUBS AND PARTNERSHIPS THAT FOSTER MOTIVATED,ENGAGED, AND DIRECTED STUDENTS POISED FOR ACADEMIC, PROFESSIONAL, AND PERSONAL SUCCESS.

Revisions to this organization profile

January 22, 2025:
2024 LA Promise Fund 990 filed
May 14, 2024:
2023 LA Promise Fund 990 filed
May 12, 2023:
2022 LA Promise Fund 990 filed

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