CINCINNATI PRESCHOOL PROMISE LLC Charity Report

Public IRS 990 nonprofit record

CINCINNATI PRESCHOOL PROMISE LLC

EIN 81-4743008 · Preschools (B21)

What they do

THE ORGANIZATIONS MISSION is to EXPAND ACCESS to QUALITY COMMUNITY PROVIDER PRESCHOOLS LOCATED WITHIN THE GEOGRAPHIC BOUNDARIES of THE CINCINNATI CITY SCHOOL DISTRICT IN HAMILTON COUNTY, OHIO (THE "SCHOOL DISTRICT"). IT FOCUSES ON ACCESS to QUALITY PRESCHOOLS BECAUSE ATTENDING A QUALITY PRESCHOOL is CONSIDERED A KEY STEP to PREPARING CHILDREN for FUTURE EDUCATIONAL ACHIEVEMENT.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $86.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders22 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

86.42%of revenue went to mission work86.3% of expenses · Program services

$100.11spent for every $100 of revenueSpending was higher than revenue this year.

13.69%of revenue went to management and office costs13.7% of expenses

$0.20in assets for every $1 spent this yearSome assets cannot be spent right away.

100.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $10,250 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $216,336 for CHARA FISHER JACKSON (EXECUTIVE DIRECTOR & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$9,666,438

Mission workProgram services$8,353,82886.42% of revenue86.3% of expenses

ManagementOffice and general costs$1,322,86013.69% of revenue13.7% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$9,676,688100.11% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 86.3% mission · 13.7% management · 0.0% fundraisingTotal expenses: 100.11% of revenue

2023Expense mix: 87.2% mission · 12.8% management · 0.0% fundraisingTotal expenses: 99.95% of revenue

2022Expense mix: 83.6% mission · 16.4% management · 0.0% fundraisingTotal expenses: 99.96% of revenue

2021Expense mix: 86.3% mission · 13.7% management · 0.0% fundraisingTotal expenses: 98.97% of revenue

2020Expense mix: 84.1% mission · 15.9% management · 0.0% fundraisingTotal expenses: 100.54% of revenue

2019Expense mix: 86.3% mission · 13.7% management · 0.0% fundraisingTotal expenses: 99.87% of revenue

2018Expense mix: 86.5% mission · 13.5% management · 0.0% fundraisingTotal expenses: 100.48% of revenue

2017Expense mix: 76.3% mission · 23.7% management · 0.0% fundraisingTotal expenses: 98.81% of revenue

Money in and money out

Revenue$9,666,438

Expenses$9,676,688

Annual shortfall $10,250 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$8,353,828 · 86.3% of expenses

Management and office costs$1,322,860 · 13.7% of expenses

See all reported dollar amounts

Revenue$9,666,438

Expenses$9,676,688

Assets$1,931,179

Income$9,666,438

Contributions$9,663,270

Mission work (program services)$8,353,828

Grants given$4,457,408

Average grant$17,830

Management and general$1,322,860

Executive compensation (total)$175,533

Accounting fees$26,100

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

CHARA FISHER JACKSONEXECUTIVE DIRECTOR & CEO · 65 hrs/week $216,336Base $194,654 · Other $21,682

HECTOR POLANCOFINANCE DIRECTOR · 50 hrs/week $136,101Base $119,609 · Other $16,492

KENETRA MATHISDEPUTY DIRECTOR · 50 hrs/week $133,652Base $112,363 · Other $21,289

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (22)

CHARA FISHER JACKSONEXECUTIVE DIRECTOR & CEO

HECTOR POLANCOFINANCE DIRECTOR

KENETRA MATHISDEPUTY DIRECTOR

MARGARET HULBERTBOARD MEMBER (PART YEAR)

VERLINE DOTSONBOARD MEMBER

VALICIA JOHNSONBOARD MEMBER (PART YEAR)

TERRI ENGLANDBOARD MEMBER

SALLIE WESTHEIMERBOARD MEMBER

ROSS MEYERBOARD MEMBER

RAVEN MCKINNEYBOARD MEMBER (PART YEAR)

PAMELA BOWERSBOARD MEMBER

NIKITA ANDERSONBOARD MEMBER (PART YEAR)

MICHELLE HOPKINSBOARD MEMBER

MICAH KAMRASSBOARD CHAIR

ANTHONY HOBSONTREASURER

MARCIA FUTELBOARD SECRETARTY AND VICE-CHAIR

LAURA SANREGRETBOARD MEMBER (PART YEAR)

KRISTI PHILLIPSBOARD MEMBER

JALISSA HUTCHINSBOARD MEMBER (PART YEAR)

GLEN CALHOUNBOARD MEMBER (PART YEAR)

CHRISTOPHER BENNETTBOARD MEMBER (PART YEAR)

CAROLYN JONESBOARD MEMBER

About this charity

Recognized since: January 2018
Location: 2400 READING RD 220, CINCINNATI, OH 45202
County: Hamilton
In care of: HECTOR POLANCO
Primary officer: HECTOR POLANCO, FINANCE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(513) 263-6762

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CLARK SCHAEFER HACKETT & CO
NTEE classification: Preschools (B21)
IRS tax category: Preschools
Grant-giving organization: Yes