Public Charity

PROMISE INC

PROMISE INC is a nonprofit organization categorized as Public Charity based in WEST MELBOURNE, FL. Its most recent IRS filing (2024) reports revenue of $1.6M, expenses of $1.5M, total assets of $5.6M. Imperigo tracks 44 reported grant relationships connected to this organization totaling approximately $702K.

EIN: 900520600 WEST MELBOURNE, FL Latest filing: 2024
Total Revenue$1.6M
Total Expenses$1.5M
Total Assets$5.6M
Grant Records44
Funding Total$702K
Filing Years2020–2024

Mission

PROMISE, INC. IS A 501(C)3 NONPROFIT ORGANIZATION ESTABLISHED IN 2009 THAT WAS DESIGNED TO PROVIDE AFFORDABLE, INDEPENDENT HOUSING FOR INDIVIDUALS WITH COGNITIVE AND PHYSICAL DISABILITIES UTILIZING PUBLIC AND PRIVATE PARTNERSHIPS TO DEVELOP A MODEL COMMUNITY.

Officers & Directors

DIRECTOR Cindy Dropeski
DIRECTOR David Lazear
CHAIR Dr Lori D Bradstreet
DIRECTOR Frank J Vega
DIRECTOR Harold Edward Rusty Melle
CEO Jeff Kiel

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL USE AND/OR SPECIAL FUND/PROJECT
$108,950 2 grants
PROGRAM SUPPORT
$107,847 6 grants
GENERAL SUPPORT
$65,913 4 grants
For grant recipient's exempt purposes
$56,500 5 grants
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
$50,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.6M $1.5M $5.6M
2023 $1.9M $1.7M $5.5M
2022 $2.1M $1.7M $5.4M
2021 $1.6M $1.5M $6.4M
2020 $1.7M $1.4M $6.2M

Between 2020 and 2024, reported annual revenue declined from $1.7M to $1.6M (-5%), with total assets most recently reported at $5.6M.

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

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