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LA PROMISE FUND

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Public nonprofit record

LA PROMISE FUND

EIN 20-4562686 · Scholarships & Student Financial Aid (B82)

What they do

to PROVIDE STUDENTS WITH ACADEMIC and ENRICHMENT OPPORTUNITIES THAT SPARK PASSION, EMPOWER LEADERSHIP, and PREPARE THEM for THEIR CHOSEN COLLEGE and CAREER PATHS.

Money

Financial picture

Tax year 2024
Revenue$19,838,433
Expenses$21,944,660
Assets$45,833,746
Income$30,538,326
Contributions$17,387,180
Grants given$1,384,303
Average grant$55,372
Management$4,864,480
Executive compensation$220,750
Stocks and bonds$1,011,340
Accounting fees$3,950

About this charity

Recognized since
January 2006
Location
1933 S BROADWAY SUITE 1108, LOS ANGELES, CA 90007
County
Los Angeles
In care of
VERONICA MELVIN
Primary officer
VERONICA MELVIN, CEO/PRESIDENT

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
EIDE BAILLY LLP
NTEE classification
Scholarships & Student Financial Aid (B82)
IRS tax category
Scholarships & Student Financial Aid
Grant-giving organization
Yes
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
03
Affiliation
3
Classification
1000
Deductibility
1
Foundation
15
Organization
1
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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