PROMISE FUND OF FLORIDA INC Charity Report

Public IRS 990 nonprofit record

PROMISE FUND OF FLORIDA INC

EIN 83-0535519 · Cancer (G30)

What they do

THE MISSION of THE PROMISE FUND of FLORIDA is to HELP WOMEN OVERCOME FINANCIAL and CULTURAL BARRIERS to IMPROVE HEALTH EQUITY and REDUCE DEATHS FROM LATE-STAGE BREAST and CERVICAL CANCER THROUGHOUT SOUTH FLORIDA. THE PROMISE FUND CO-LOCATED A WOMENS HEALTH PROGRAM IN A FEDERALLY QUALIFIED HEALTH CENTER (MAMMOGRAPHY, ULTRASOUND and CERVICAL HEALTH SERVICES) IN WEST PALM BEACH, FLORIDA WHICH HAS INCREASED HEALTH EQUITY, ACCESS and EARLY DETECTION SCREENING RATES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $83.20 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 leaders25 people are listed in the latest report.

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

Money made simple

68.60%of revenue went to mission work83.2% of expenses · Program services

6.58%of revenue went to fundraising8.0% of expenses

$82.46spent for every $100 of revenueRevenue covered expenses this year.

7.28%of revenue went to management and office costs8.8% of expenses

$1.47in assets for every $1 spent this yearSome assets cannot be spent right away.

94.9%of its money came from giftsOther money may come from services or investments.

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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.

Pay context: The highest compensation shown in this filing is $201,843 for KAREN PATTI (CHIEF OPERATING OFFICER). 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$4,189,322

Mission workProgram services$2,873,98968.60% of revenue83.2% of expenses

ManagementOffice and general costs$304,9337.28% of revenue8.8% of expenses

FundraisingAsking for donations$275,5486.58% of revenue8.0% of expenses

Revenue left after expensesReported annual surplus$734,85217.54% of revenueShown in gray on the chart

Total expenses$3,454,47082.46% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

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: 83.2% mission · 8.8% management · 8.0% fundraisingTotal expenses: 82.46% of revenue

2023Expense mix: 77.3% mission · 6.7% management · 16.0% fundraisingTotal expenses: 135.21% of revenue

2022Expense mix: 73.8% mission · 13.1% management · 13.1% fundraisingTotal expenses: 155.82% of revenue

2021Expense mix: 58.4% mission · 17.4% management · 24.2% fundraisingTotal expenses: 31.15% of revenue

2020Expense mix: 54.0% mission · 27.1% management · 18.9% fundraisingTotal expenses: 80.21% of revenue

2019Expense mix: 7.4% mission · 27.5% management · 65.1% fundraisingTotal expenses: 47.40% of revenue

2018Expense mix: 45.8% mission · 15.4% management · 38.8% fundraisingTotal expenses: 50.71% of revenue

Money in and money out

Revenue$4,189,322

Expenses$3,454,470

Annual surplus $734,852 Revenue was higher than expenses 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)$2,873,989 · 83.2% of expenses

Management and office costs$304,933 · 8.8% of expenses

Fundraising$275,548 · 8.0% of expenses

See all reported dollar amounts

Revenue$4,189,322

Expenses$3,454,470

Assets$5,085,678

Income$5,192,732

Contributions$3,977,190

Mission work (program services)$2,873,989

Fundraising$275,548

Grants given$4,599,636

Average grant$74,188

Management and general$304,933

Stocks and bonds$2,832,469

Accounting fees$182,600

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

KAREN PATTICHIEF OPERATING OFFICER · 40 hrs/week $201,843Base $191,300 · Other $10,543

A ROBERT BLOOMCHIEF FINANCIAL OFFICER · 40 hrs/week $188,434Base $182,847 · Other $5,587

LISA T HARTSTEINDIRECTOR OF PROGRAMS · 40 hrs/week $188,161Base $182,836 · Other $5,325

DONNA DODSONDIRECTOR OF DONOR RELATIONS · 40 hrs/week $122,084Base $118,388 · Other $3,696

LISSETTE M LAHOZDIRECTOR OF NAVIGATION · 40 hrs/week $119,319Base $115,672 · Other $3,647

MONICA YESCHEKDIRECTOR OF MARKETING · 40 hrs/week $111,355Base $108,600 · Other $2,755

YOLETTE BONNET-PIERREDIRECTOR · 4 hrs/week $87,500

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 (25)

KAREN PATTICHIEF OPERATING OFFICER

A ROBERT BLOOMCHIEF FINANCIAL OFFICER

LISA T HARTSTEINDIRECTOR OF PROGRAMS

DONNA DODSONDIRECTOR OF DONOR RELATIONS

LISSETTE M LAHOZDIRECTOR OF NAVIGATION

MONICA YESCHEKDIRECTOR OF MARKETING

YOLETTE BONNET-PIERREDIRECTOR

DAVID BRODSKYBOARD CHAIR

AMY YOUNGDIRECTOR

TODD LAZENBYVICE PRESIDENT

THOMAS ROSINDIRECTOR

SHANNON HAWKINSDIRECTOR

RONALD ROSENFELDDIRECTOR

NANCY G BRINKERPRESIDENT

CHIP DI PAULADIRECTOR (AS OF 06/2024)

MATTHEW MERCERDIRECTOR

DONNA KESSELMAN RAQGGIO MDDIRECTOR (AS OF 03/2024)

DAVID DODSON MDDIRECTOR

LAURIE SILVERSSECRETARY

KATHERINE E BLOCKTREASURER

DIANE SCULLEYDIRECTOR

JULIE FISHER CUMMINGSDIRECTOR

JOHN SCULLEYDIRECTOR

ERIC BRINKERDIRECTOR

DR DAVID NELSONDIRECTOR (AS OF 06/2024)

About this charity

Recognized since: January 2019
Location: 477 S ROSEMARY AVE STE 226 STE 317, WEST PALM BEACH, FL 33401-5795
County: Palm Beach
In care of: % DAVID BRODSKY
Primary officer: TRACI B CASH, CHIEF FINANCIAL OFFICER

How to reach them

WebsiteVisit the charity’s website Phone(877) 427-7664

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: CBIZ ADVISORS LLC
NTEE classification: Cancer (G30)
IRS tax category: Cancer
Grant-giving organization: Yes