The Promise Educational Media Inc in Jacksonville, Florida (FL)

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The Promise Educational Media Inc
Employer Identification Number (EIN)760755823
Name of OrganizationThe Promise Educational Media Inc
In Care of NameCalvin Grabau
AddressPO BOX 551379, Jacksonville, FL 32255-1379
SubsectionCharitable Organization
Ruling Date12/2005
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1 to $9,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$3,685
Amount of Income$112,525
Form 990 Revenue Amount$112,525
National Taxonomy of Exempt Entities (NTEE)International, Foreign Affairs and National Security: International Development, Relief Services


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Amount of income in 2013: $112,525 (it was $193,321 in 2012)
The Promise Educational Media Inc: 

 $112,525
Other organizations performing similar types of work: 

 $76,802

Assets in 2013: $3,685 (it was $6,439 in 2012)
The Promise Educational Media Inc: 

 $3,685
Other organizations performing similar types of work: 

 $27,506

Expenses in 2012: $193,472
This organization: 

 $193,472
Other organizations performing similar types of work: 

 $66,701

Income to expenses ratio in 2012: 0.6
The Promise Educational Media Inc: 

 0.6
Other organizations performing similar types of work: 

 1.3

Grants share in income in 2012: 100.0%
This organization: 

 100.0%
Other organizations performing similar types of work: 

 51.2%

Financial snapshot ($)

Functional expenses for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$193,321
Contributions, Gifts, Grants and Other Similar Amounts$193,321
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$193,472
Compensation of current officers, directors, trustees, and key employees$71,555
Other salaries and wages$48,197
Payroll taxes$9,161
Professional fundraising services$0
Other$64,559
Balance Sheet (for 2012)
Total assets$6,439
Total liabilities$44,762
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$44,762
Total net assets or fund balances$-38,323
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2012)
2008 - 2012 Total
Total support$4,342,175
Gifts, grants, contributions, and membership fees received$4,342,175
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$0
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
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5Zindagi Trust Inc9406 Wickham Way, Orlando, FL 32836-5520FL2005-04$673,544
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7Rc24 Foundation Inc1450 Brickell Avenue 18th Floor, Miami, FL 33131-3444FL2013-08$392,960
8St Josephs Family Foundation Inc431 Lagoon Ave, Naples, FL 34108-2318FL2007-06$269,587
9School Of Leadership-Afghanistan Inc700 N Olive Ave Ste 2, West Palm Bch, FL 33401-4004FL2002-08$245,844
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11Actrx Foundation Inc4095 State Road 7, Lake Worth, FL 33449FL2013-04$200,026
12Total Family Outreach MinistriesPO BOX 7487, Sebring, FL 33872-0109FL2006-06$190,208
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18Jt Childrens Foundation Inc8362 Pines Blvd 390, Pembroke Pines, FL 33024-6600FL2010-09$124,298
19Priority One Worldwide Inc15717 Turkey Farm Road, Minneola, FL 34715FL2013-04$122,498
20The Promise Educational Media IncPO BOX 551379, Jacksonville, FL 32255-1379FL2005-12$112,525
Number of organizations performing similar types of work
Alaska8
Alabama23
Arkansas17
Arizona60
California641
Colorado99
Connecticut45
District of Columbia104
Delaware17
Florida255
Georgia150
Hawaii7
Iowa24
Idaho15
Illinois123
Indiana71
Kansas24
Kentucky28
Louisiana19
Massachusetts134
Maryland185
Maine25
Michigan100
Minnesota127
Missouri41
Mississippi10
Montana11
North Carolina91
North Dakota5
Nebraska15
New Hampshire16
New Jersey97
New Mexico20
Nevada24
New York344
Ohio83
Oklahoma46
Oregon66
Pennsylvania104
Rhode Island6
South Carolina28
South Dakota3
Tennessee66
Texas262
Utah47
Virginia169
Vermont13
Washington145
Wisconsin45
West Virginia8
Wyoming1
International15
Total4,082

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