Public Charity

PROMISE ACADEMY SPRING HILL INC

PROMISE ACADEMY SPRING HILL INC is a nonprofit organization categorized as Public Charity based in MEMPHIS, TN. Its most recent IRS filing (2025) reports revenue of $6.7M, expenses of $6.7M, total assets of $3.2M.

EIN: 464445628 MEMPHIS, TN Primary & Elementary Schools NTEE: B24 Latest filing: 2025
Total Revenue$6.7M
Total Expenses$6.7M
Total Assets$3.2M
Grant Records0
Filing Years2021–2025

Mission

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 RIGOROUS SCHOOLS.

Where $100 goes at Promise Academy Spring Hill Inc

How Promise Academy Spring Hill Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$78 Programs the work itself
$22 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $78 for programs

$78
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…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

MEMBER Anthony Branch
MEMBER Candis Dawson
PRESIDENT, CHAIRMAN Charles C Gerber
MEMBER Diana Burton
MEMBER Emily R Woodside
MEMBER Emma Redden

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $6.7M $6.7M $3.2M
2024 $6.1M $6.1M $2.6M
2023 $6.1M $6.0M $2.5M
2022 $6.1M $5.8M $2.9M
2021 $5.0M $4.4M $1.9M

Between 2021 and 2025, reported annual revenue grew from $5.0M to $6.7M (+35%), with total assets most recently reported at $3.2M.

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

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