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EIN 76-0789317

Promise Academy

IRS 501(c) type
501(c)(3)
Num. employees
18
City
Cleveland
State
Ohio
Year formed
2005
Most recent tax filings
2023-06-01
NTEE code, primary
B29: Charter Schools
Description
Promise Academy educates and graduates students who have not been successful in traditional high school and have dropped out. The program services are 100% education for the benefit of students that require special attention to receive a high school diploma in accordance with the Ohio Department of Education's requirements. The school provides an education that prepares students for post-secondary success of their choosing.
Total revenues
$1,291,191
2023
Total expenses
$1,544,624
2023
Total assets
$1,135,924
2023
Num. employees
18
2023

Program areas at Promise Academy

The program services are 100% education for the benefit of students that have dropped out of high school and require special attention to receive a high school diploma in accordance with the Ohio Department of Education's requirements. The school provided services to 89 students during the year.

Personnel at Promise Academy

NameTitleCompensation
Dr. Jeffrey JaroscakExecutive Director
Heidi RockPrincipal About Heidi
Deborah ZeffrenDirector of Operations About
Kamlie BesharaFiscal Officer$0
Helen SmithBoard Secretary / Secretary / Director$0
...and 6 more key personnel

Financials for Promise Academy

RevenuesFYE 06/2023
Total grants, contributions, etc.$1,285,515
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$5,676
Total revenues$1,291,191

Form 990s for Promise Academy

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-05-16990View PDF
2021-062022-05-12990View PDF
2020-062021-05-26990View PDF
2019-062020-09-15990View PDF
...and 9 more Form 990s
Data update history
July 11, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 3, 2023
Updated personnel
Identified 2 new personnel
June 29, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
SchoolsCharter schoolsK-12 schoolsCharities
Issues
Education
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
1701 E 13th St
Cleveland, OH 44114
Metro area
Cleveland-Elyria, OH
County
Cuyahoga County, OH
Website URL
promise-academy.com/ 
IRS details
EIN
76-0789317
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2005
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B29: Charter Schools
NAICS code, primary
611110: Elementary and Secondary Schools
Parent/child status
Independent
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