Promise Academy

Promise Academy is an educational organization in Memphis, Tennessee. Its tax id (EIN) is 20-1608155. It was granted tax-exempt status by IRS in April, 2005. For detailed information such as income and other financial data of Promise Academy, refer to the following table.


Profile of Promise Academy

Organization Name Promise Academy
Tax Id (EIN)20-1608155
Address 1346 Bryan St, Memphis, TN 38108-2407
In Care of Name Charles Gerber
All tax-exempt organizations in zip code 38108
Tax PeriodAssetIncomeRevenue
June, 2013$934,351$4,428,804$4,422,912
June, 2014$1,042,756$4,573,567$4,567,777
June, 2015$1,468,095$4,814,772$4,802,415
June, 2016$2,302,246$4,599,949$4,590,209
June, 2017$1,514,707$4,681,606$4,670,597
June, 2018$2,024,890$4,655,009$4,648,895
June, 2019$2,317,903$5,186,441$5,177,346
June, 2020$3,073,738$4,884,089$4,883,444
June, 2021$3,483,000$5,120,394$5,120,394
June, 2022$7,397,276$6,432,081$6,428,391
June, 2024$4,194,373$5,290,516$5,290,516
IRS Exempt Status Ruling Date April, 2005
Exempt Status Unconditional Exemption
Deductibility Contributions are deductible
Tax Exempt Classification Educational Institutions and Related Activities
Foundation Type School 170(b)(1)(A)(ii)
Organization Type Corporation
Organization Classification Educational Organization
Affiliation Independent - This organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Primary Return(s) Required to File 990 (all other) or 990EZ return
Private Foundation Filing Requirement No need to 990-PF return
Asset Range Reported on Form 990$1,000,000 to 4,999,999
Income Range Reported on Form 990$5,000,000 to 9,999,999
Accounting Period 06