Public Charity

Promise Resource Network Inc

Promise Resource Network Inc is a Public Charity headquartered in Charlotte, NC. Financial data from the 2024 filing: $5.0M revenue, $4.5M expenses, $5.7M total assets. 27 publicly reported grants to this organization, totaling roughly $549K, appear in IRS filings.

EIN: 272648129 Charlotte, NC Latest filing: 2024
Total Revenue$5.0M
Total Expenses$4.5M
Total Assets$5.7M
Grant Records27
Funding Total$549K
Filing Years2020–2024

Mission

Through the wisdom of lived recovery experience, we ignite social change, inspire hope and serve as a catalyst for personal greatness.

Officers & Directors

Executive Dir. Cherene Allen-Caraco
Board Member Deborah Hendren
Board Member John Giampaolo
Board Member Jon Weddell
Chairman Kevin Garrison
COO Noah Swabe

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$121,000 5 grants
PROGRAM OPERATING COSTS
$112,393 1 grant
GENERAL SUPPORT
$68,117 1 grant
UNRESTRICTED
$54,216 3 grants
PROGRAM OPERATING COST
$44,276 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $5.0M $4.5M $5.7M
2023 $4.1M $4.1M $4.6M
2022 $4.1M $4.3M $3.2M
2021 $3.3M $2.5M $2.1M
2020 $1.8M $1.8M $376K

Between 2020 and 2024, reported annual revenue grew from $1.8M to $5.0M (+177%), with total assets most recently reported at $5.7M.

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

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