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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 2021. Filed on May 2, 2022.

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 2021 IRS Form 990 filing, LA Promise Fund, a 501(c)(3) charitable organization, reported compensation for 5 out of 130 total employees. Among the employees shown here, the average compensation is $181,508. The highest compensated employee at LA Promise Fund is Ben Austin with fiscal year 2021 compensation of $276,638.

Revenue, expenses, and employee compensation

Revenue

$12,859,195

Expenses

$10,774,753

Employee compensation

$6,113,627
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Ben Austin
ED KID Coalition
$276,638
$247,599 No related comp$29,039
Veronica Melvin
President and Chief Executive Officer
$247,102
$222,708 No related comp$24,394
Donna Jacobson
Schools Director
$145,183
$130,847 No related comp$14,336
Michelle Cheang
Chief Program Officer
$128,403
$120,335 No related comp$8,068
Gina Lutcher
Principal of Lapchs
$110,213
$103,653 No related comp$6,560

Benchmark Employee Compensation

Non-Employee Board Members

Ali Powell
Director
Alison Temple
Director
Amit Verma
Director
Andrea Foggy-Paxton
Director
Brian McNamee
Director
Cathy Bender
Director
Christopher Davis
Director
Danielle Vick
Director
Dean Hallett
Director
Donnell Beverly
Director
Elizabeth Mann
Secretary
Frank Marshall
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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