Public Charity

THE AMERICAN PROMISE INC

THE AMERICAN PROMISE INC, of TALLAHASSEE, FL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $4.1M in revenue, $3.5M in expenses, $1.7M in total assets. 7 publicly reported grants to this organization, totaling roughly $3.1M, appear in IRS filings.

EIN: 463098708 TALLAHASSEE, FL Research Institutes & Public Policy Analysis NTEE: V05 Latest filing: 2024
Total Revenue$4.1M
Total Expenses$3.5M
Total Assets$1.7M
Grant Records7
Funding Total$3.1M
Filing Years2020–2024

Mission

TO CONDUCT VARIOUS PROGRAMS TO EDUCATE CITIZENS ON THE SOCIETAL BENEFITS OF SOUND ECONOMIC, REGULATORY AND LEGAL POLICIES. SUCH PROGRAMS AND ACTIVITIES WILL INCLUDE, BUT NOT BE LIMITED TO, PUBLIC EDUCATION THROUGH SPEECHES, SEMINARS, RESEARCH, MEDIA DISTRIBUTION, INTERVIEWS, WEBSITE, ARTICLES, TELEVISION, RADIO AND NEWSPAPER INTERVIEWS AND OTHER ACTIVITIES FOR THE BETTERMENT OF SOCIETY.

Where $1 goes at The American Promise Inc

How The American Promise Inc divides each dollar it spends, from its own Form 990 filings, averaged across 7 years.

92¢ Programs the work itself
6¢ Management running the organization
2¢ Fundraising raising the next dollar

Inside the 92¢ for programs

50¢
Research, collecting & assembling information for compiling data information reports in order to properly brief members of the press and general public in a non-partisan, unbiased manner
55% of program spending
42¢
The American Promise, inc
45% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

INTERIM EX DIRECTOR Alex Alvarado
PRESIDENT Nic Fugate
EXECUTIVE DIRECTOR Ryan Tyson
TREASURER Trey Gardner
DIRECTOR Tyler Riddle

Officer compensation and complete director data available with membership.

Top Grant Purposes

TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
$1,630,000 1 grant
Unspecified
$1,024,000 2 grants
CONTRIB
$420,000 3 grants
SUPPORT/CONTRIBUTION
$25,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $4.1M $3.5M $1.7M
2023 $2.4M $2.3M $1.1M
2022 $1.2M $2.7M $1.2M
2021 $9.0M $12.4M $2.6M
2020 $8.6M $4.3M $5.9M

Between 2020 and 2024, reported annual revenue declined from $8.6M to $4.1M (-52%), with total assets most recently reported at $1.7M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for THE AMERICAN PROMISE INC

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