Promise Keepers Charitable Foundation
Promise Keepers Charitable Foundation consistently operates at a deficit, drawing down assets.
EIN: 200131750 · Kilauea, HI · NTEE: T20 · Updated: 2026-03-28
Is Promise Keepers Charitable Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Promise Keepers Charitable Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Promise Keepers Charitable Foundation
Promise Keepers Charitable Foundation (EIN: 200131750) is a nonprofit organization based in Kilauea, HI, classified under NTEE code T20. The organization reported total revenue of $37K and total assets of $710K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Promise Keepers Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Promise Keepers Charitable Foundation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Promise Keepers Charitable Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees are receiving salaries from the organization, which is highly unusual for an organization with significant assets and ongoing expenses.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Promise Keepers Charitable Foundation's IRS 990 filings:
- Consistent operating deficits, with expenses significantly exceeding revenue in most recent years (e.g., 2023 revenue $11,577 vs. expenses $47,029).
- Declining asset base over time, from $804,004 in 2011 to $710,187 in 2023, suggesting unsustainable spending.
- Unusual and consistent reporting of $1 in liabilities across all filings.
- Multiple years with negative reported revenue, indicating potential issues with income generation or reporting.
- Lack of detailed expense breakdown to assess program efficiency.
Strengths
The following positive indicators were identified for Promise Keepers Charitable Foundation:
- Zero reported officer compensation, indicating no direct financial benefit to executives from the organization's funds.
- Maintains a substantial asset base, providing a buffer despite operating deficits.
Frequently Asked Questions about Promise Keepers Charitable Foundation
Is Promise Keepers Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Promise Keepers Charitable Foundation (EIN: 200131750) significant concerns. Mission Score: 45/100. 5 red flags identified, 2 strengths noted.
How does Promise Keepers Charitable Foundation spend its money?
Promise Keepers Charitable Foundation directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Promise Keepers Charitable Foundation tax-deductible?
Promise Keepers Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 200131750). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Promise Keepers Charitable Foundation sustain its operations with consistent revenue deficits?
The organization appears to be sustaining operations by drawing down its asset base, as evidenced by the decline from $804,004 in 2011 to $710,187 in 2023, while consistently reporting expenses exceeding revenue.
What are the specific program activities and their associated costs?
The provided data does not offer a detailed breakdown of expenses into program, administrative, or fundraising categories, making it difficult to assess the specific program activities and their costs.
Why are liabilities consistently reported as $1 across all filings?
The consistent reporting of $1 in liabilities is highly unusual for any organization and may indicate incomplete or simplified financial reporting, or that the organization has virtually no outstanding financial obligations.
What is the source of the negative revenue reported in several years (e.g., 2020, 2019, 2015, 2012)?
Negative revenue figures typically indicate significant returns of contributions or other income, or adjustments that result in a net outflow of funds rather than inflow. This warrants further investigation into the organization's revenue recognition practices.
Filing History
IRS 990 filing history for Promise Keepers Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Promise Keepers Charitable Foundation's revenue has declined by 75.9%, moving from $48K to $12K. Total assets decreased by 10.9% over the same period, from $804K to $717K. Total functional expenses rose by 14.2%, from $41K to $47K. In its most recent filing year (2023), Promise Keepers Charitable Foundation reported a deficit of $35K, with expenses exceeding revenue. The organization holds $1 in liabilities against $717K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $717K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $12K | $47K | $717K | $1 | — | — |
| 2022 | $23K | $46K | $752K | $1 | — | View 990 |
| 2021 | $462K | $38K | $776K | $1 | — | View 990 |
| 2020 | $-20,317 | $37K | $352K | $1 | — | — |
| 2019 | $-16,546 | $31K | $410K | $1 | — | View 990 |
| 2015 | $-23,778 | $42K | $735K | $1 | — | View 990 |
| 2014 | $141K | $45K | $801K | $1 | — | View 990 |
| 2013 | $99K | $52K | $704K | $1 | — | View 990 |
| 2012 | $-92,330 | $54K | $658K | $1 | — | View 990 |
| 2011 | $48K | $41K | $804K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12K, expenses of $47K, and assets of $717K (revenue -49.1% year-over-year).
- 2022: Revenue of $23K, expenses of $46K, and assets of $752K (revenue -95.1% year-over-year).
- 2021: Revenue of $462K, expenses of $38K, and assets of $776K.
- 2020: Revenue of $-20,317, expenses of $37K, and assets of $352K.
- 2019: Revenue of $-16,546, expenses of $31K, and assets of $410K.
- 2015: Revenue of $-23,778, expenses of $42K, and assets of $735K (revenue -116.8% year-over-year).
- 2014: Revenue of $141K, expenses of $45K, and assets of $801K (revenue +43.5% year-over-year).
- 2013: Revenue of $99K, expenses of $52K, and assets of $704K.
- 2012: Revenue of $-92,330, expenses of $54K, and assets of $658K (revenue -291.9% year-over-year).
- 2011: Revenue of $48K, expenses of $41K, and assets of $804K.
Data Sources and Methodology
This transparency report for Promise Keepers Charitable Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.