Promise Academy Inc.

Fiscal year ending 2024. Filed on February 11, 2025.

1346 Bryan Street
Memphis, Tennessee 38108

Promise Academy Inc. (EIN: 20-1608155) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Promise Academy Inc., a 501(c)(3) charitable organization, reported compensation for 3 out of 66 total employees. Among the employees shown here, the average compensation is $140,050. The highest compensated employee at Promise Academy Inc. is Patrick Washington with fiscal year 2024 compensation of $167,879.

Revenue, expenses, and employee compensation

Revenue

$5,290,516

Expenses

$5,568,628

Employee compensation

$3,062,272
Revenue, expenses, and employee compensation over time

Mission Statement

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.

Revisions to this organization profile

February 11, 2025:
2024 Promise Academy Inc. 990 filed
February 11, 2025:
2023 Promise Academy Inc. 990 filed
May 15, 2023:
2022 Promise Academy Inc. 990 filed

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