Promising Pages
EIN: 452540702 · Charlotte, NC
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.2M |
| Net Assets | $60K |
Is Promising Pages Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Promising Pages
Promising Pages (EIN: 452540702) is a nonprofit organization based in Charlotte, NC. The organization reported total revenue of $1.2M and total assets of $476K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Promising Pages's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Promising Pages is a mid-size nonprofit that has been operating for 14 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 30.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $909K |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-242,517 |
| Total Assets | $71K |
| Total Liabilities | $12K |
| Net Assets | $60K |
| Operating Margin | -26.7% |
| Debt-to-Asset Ratio | 16.4% |
| Months of Reserves | 0.7 months |
Financial Health Grade: C
In 2023, Promising Pages reported a deficit of $243K with expenses exceeding revenue, holds 0.7 months of operating reserves (limited), has a debt-to-asset ratio of 16.4% (very low leverage).
Financial Trends
Over 9 years of filings (2015–2023), Promising Pages's revenue has grown at a compound annual growth rate (CAGR) of 30.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.9% | +20.7% | -76.4% |
| 2022 | +337.6% | +258.3% | +134.9% |
| 2021 | +1.1% | +21.0% | -17.6% |
| 2020 | +183.7% | +89.2% | +44.4% |
| 2019 | -62.5% | -43.0% | -24.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Promising Pages has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Promising Pages with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $243K, with expenses exceeding revenue.
- Debt-to-asset ratio: 16.4%.
Frequently Asked Questions about Promising Pages
Is Promising Pages a legitimate charity?
Promising Pages (EIN: 452540702) is a registered tax-exempt nonprofit based in North Carolina. It has 9 years of IRS 990 filings on record. Total revenue: $1.2M. No red flags identified. Financial health grade: C.
How does Promising Pages spend its money?
Promising Pages reported $1.2M in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Promising Pages tax-deductible?
Promising Pages is registered as a tax-exempt nonprofit (EIN: 452540702). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Promising Pages located?
Promising Pages is headquartered in Charlotte, North Carolina and files with the IRS under EIN 452540702.
How many years of IRS 990 filings does Promising Pages have?
Promising Pages has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.2M in total revenue.
Filing History
IRS 990 filing history for Promising Pages showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Promising Pages's revenue has grown by 736.3%, moving from $109K to $909K. Total assets increased by 18.6% over the same period, from $60K to $71K. Total functional expenses rose by 1429.7%, from $75K to $1.2M. In its most recent filing year (2023), Promising Pages reported a deficit of $243K, with expenses exceeding revenue. The organization holds $12K in liabilities against $71K in assets (debt-to-asset ratio: 16.4%), resulting in net assets of $60K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $909K | $1.2M | $71K | $12K | — | — |
| 2022 | $1.0M | $955K | $302K | $0 | — | View 990 |
| 2021 | $236K | $266K | $129K | $38K | — | View 990 |
| 2020 | $233K | $220K | $156K | $35K | — | View 990 |
| 2019 | $82K | $116K | $108K | $0 | — | View 990 |
| 2018 | $219K | $204K | $142K | $0 | — | View 990 |
| 2017 | $263K | $208K | $130K | $0 | — | View 990 |
| 2016 | $326K | $309K | $78K | $27K | — | View 990 |
| 2015 | $109K | $75K | $60K | $27K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $909K, expenses of $1.2M, and assets of $71K (revenue -11.9% year-over-year).
- 2022: Revenue of $1.0M, expenses of $955K, and assets of $302K (revenue +337.6% year-over-year).
- 2021: Revenue of $236K, expenses of $266K, and assets of $129K (revenue +1.1% year-over-year).
- 2020: Revenue of $233K, expenses of $220K, and assets of $156K (revenue +183.7% year-over-year).
- 2019: Revenue of $82K, expenses of $116K, and assets of $108K (revenue -62.5% year-over-year).
- 2018: Revenue of $219K, expenses of $204K, and assets of $142K (revenue -16.6% year-over-year).
- 2017: Revenue of $263K, expenses of $208K, and assets of $130K (revenue -19.2% year-over-year).
- 2016: Revenue of $326K, expenses of $309K, and assets of $78K (revenue +199.6% year-over-year).
- 2015: Revenue of $109K, expenses of $75K, and assets of $60K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Promising Pages:
Data Sources and Methodology
This transparency report for Promising Pages 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.