EIN 81-1653085

Richmond Promise

IRS 501(c) type
501(c)(3)
Num. employees
7
Year formed
2016
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Richmond Promise promotes educational equity by removing barriers and creating pathways for all Richmond students to access high-quality education, excel from high school to higher education, and attain a postsecondary degree or certification. Launched in January 2016, it is a community-wide college success initiative to build a college graduating culture in Richmond, CA with the belief that all Richmond students should have that opportunity.
Total revenues
$881,299
2022
Total expenses
$3,059,795
2022
Total assets
$24,507,252
2022
Num. employees
7
2022

Program areas at Richmond Promise

Launched in january 2016, the Richmond Promise is a community-wide college success initiative to build a college graduating culture in Richmond, ca. The Richmond Promise was created with the belief that all Richmond students should have the opportunity to develop their skills and reach their full potential, regardless of race, income level, or personal background. We see a day when all young people in Richmond have access to high quality education, excel from high school to higher education, attain a postsecondary degree or certification, thrive in the field of their choice, and become a leader of positive change in their community and the world. Through a college scholarship, collaborative cross-sector partnerships, and supportive programming, (continued on sch. O)the Richmond Promise aims to ensure all students in Richmond excel to and through higher education, reach their career goals, and become change-making leaders in the Richmond community. The Richmond Promise invests directly in our students' futures through the Richmond Promise scholarship. Each year they are enrolled at any not-for-profit community college, 4-year college or career technical education program in the us, scholars receive $1,500, renewable for 4 years. We strive to support all students in Richmond to reach their higher education goals, which is why any Richmond student graduating from an eligible high school can access the scholarship.we work collaboratively with west contra costa unified school district, the city of Richmond, contra costa community college, and local business and philanthropy to support our scholars at three key momentum points through college and career.-pre-college: during middle school, we focus on building college awareness. We hire current Richmond Promise college scholars to talk with middle school students in an effort to put them on the path to college at this pivotal age. This near-peer model connects middle schoolers with college students who share the same identities. This shared perspective creates an immediate trust that leads to real impact.-high school to college transition: in high school and the transition to college, we focus on ensuring college access and affordability. In partnership with the school district, we meet students where they are - in the classroom. - to work on financial aid completion and the Richmond Promise scholarship application. Our scholarship of $1500 a year can be used at any not-for-profit 2-year or 4-year school or cte program in the united states. The scholarship can be used towards the full cost of attendance - including tuition, housing, books, and transportation. We provide summer success workshops through which our scholars learn about how to succeed in their first years at school.-first year through college success: at the college level, our focus is on achieving a post-secondary degree, and supporting students with the resources, networks, and mentors to thrive in the field of their choice. We build formal partnerships with colleges, including contra costa college and berkeley city college, to provide support at the institutional level. We also offer individualized coaching to our most at-risk students. Additionally, we leverage the collective wisdom within our community to pair scholars with Richmond mentors to start preparing for their careers.

Who funds Richmond Promise

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Kresge FoundationTo Provide Richmond Promise Scholarship Recipients With Advising To Increase Transfer From Community College To Four-Year Institutions, As Part of the Copro2.0 Initiative.$150,000
Schwab Charitable FundArts, Culture & Humanities$50,000
Chamberlin Education FoundationProgram Support$15,000
...and 3 more grants received

Personnel at Richmond Promise

NameTitleCompensation
Christopher WhitmoreExecutive Director$143,100
Maribel RodriguezDevelopment Director$112,566
Dariana ZermenoSuccess Manager
Jessie StewartPast Executive Director$107,918
Linsi CrainSecretary$0
...and 5 more key personnel

Financials for Richmond Promise

RevenuesFYE 12/2022
Total grants, contributions, etc.$620,175
Program services$0
Investment income and dividends$520,794
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-255,501
Net income from fundraising events$-6,036
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,867
Total revenues$881,299

Form 990s for Richmond Promise

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-11-29990View PDF
2020-062021-04-15990View PDF
2019-062021-01-21990View PDF
2018-062019-08-17990View PDF
...and 1 more Form 990
Data update history
December 29, 2023
Received grants
Identified 3 new grant, including a grant for $150,000 from Kresge Foundation
December 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 24, 2023
Received grants
Identified 6 new grant, including a grant for $150,000 from Kresge Foundation
July 30, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 6, 2023
Updated personnel
Identified 5 new personnel
Nonprofit Types
SchoolsEducational service providersCharities
Issues
Education
Characteristics
Fundraising eventsState / local levelReceives government fundingProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
440 Civic Ctr Plaza 2nd Floor
Richmond, CA 94804
Metro area
San Francisco-Oakland-Berkeley, CA
County
Contra Costa County, CA
Website URL
richmondpromise.org/ 
Phone
(510) 761-7231
IRS details
EIN
81-1653085
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2016
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B90: Educational Services
NAICS code, primary
611710: Educational Support Services
Parent/child status
Independent
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