named programs · 1 · from sources
What they call their work
Promise Academy Charter School Program
Delivers full-time, standards-based academic instruction for students in grades K-12 within a structured school environment
activities · 1 group
What they do
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Independent and Charter K-12 Schools 1 activity
- Provides high-quality, standards-based academic programs for students in grades K-12Offers rigorous academic instruction aligned with educational standards for students from kindergarten through 12th grade.
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financials · form 990 · fy2024
revenue
Total revenue$25.46M
Contributions & grants$25.46M100%
Program service revenue$00%
Investment income$190%
Other revenue$0
expenses
Total expenses$31.09M
Program expenses92%
Admin / overhead8%
Fundraising0%
Salaries & benefits$19.16M
Grants paid out$79K
Largest expense lineCompensation
balance sheet
Total assets$65.95M
Cash$1.70M
Investments$0
Liabilities$71.45M
Net assets$-5.50M
Liquid reserves0.7 mo
6 years on record · 2019–2024 · YoY revenue -2.1%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 8
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| KWAME OWUSU-KESSE | CEO & PRESIDENT | 2 | $1.28M |
| GEOFFREY CANADA | CHAIRMAN | 2 | $869K |
| AMANDA NEAL | PRINCIPAL (THRU 08/2024) | 40 | $432K |
| RALPH STEFANO | CFO | 2 | $357K |
| AJENE A CHRISTIAN | ASSISTANT PRINCIPAL | 40 | $263K |
| CHAKYIA COLES | EDUCATION DIRECTOR | 40 | $261K |
| DEBORAH PRYOR | ASSISTANT PRINCIPAL | 40 | $225K |
| KURT SAMUELS | DIRECTOR, OPERATIONS | 40 | $206K |
board members · 9
- ALFONSO WYATT — TRUSTEE
- DENISE FULLER THRU 062025 — TRUSTEE (NON-VOTING)
- ELLANOR BODIE BRIZENDINE — TRUSTEE (NON-VOTING)
- FATIME CADOO — PARENT REP (NON-VOTING)
- KEITH MEISTER — TRUSTEE (NON-VOTING)
- KENNETH LANGONE CHAIRMAN — EMERITUS (NON-VOTING)
- MITCH KURZ — TREASURER/SECRETARY
- STANLEY DRUCKENMILLER — TRUSTEE (NON-VOTING)
- WILLIE MAE LEWIS — TRUSTEE
strategies · 1
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.