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La Promise Fund

La Promise Fund

Los Angeles, CA 90007
Tax ID20-4562686

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About this organization

Revenue

$8,199,923

Expenses

$7,401,428

Mission

Preparing Los Angeles students for success in college, career, and life. Working through a network of high-performing, community-based schools and a portfolio of programs that reach students throughout LA County, the La Promise Fund creates vibrant community hubs and partnerships that foster motivated, engaged, and directed students poised for academic, professional, and personal success.

About

The La Promise Fund is an unique hybrid, operating school based programs(go to college, promise parents, 7 to 7 and health wellness) in partnership with Los Angeles Unified School District at two traditional, comprehensive high schools and a middle school, as well as operating two charter schools in South LA. Further amplifying its impact, the La Promise Fund runs high profile, far reaching programs and engagement opportunities available to students and teachers across Los Angeles County. This structure allows for both high touch, intensive supports on school sites, inside and outside of the traditional district system, while serving students through high profile, innovative county wide programs (the intern project, #artsmatter, health & wellness/school fuel and girls build LA) that are available to students countywide.

Interesting data from their 2019 990 filing

The filing outlines the non-profit's goal as “La promise fund is dedicated to preparing los angeles students for success in college, careerand life by working through a network of high-performing, community-based schools and a portfolio of high impact programs”.

When explaining its purpose, the activities were outlined as: “Preparing los angeles students for success in college, career and life.working through a network of high-perfoming,community-based schools and a portfolio of programs that reach students throughout la county,the la promise fund creates vibrant community hubs and partnerships that foster motivated,engaged, and directed students poised for academic, professional, and personal success.”.

  • As per legal reporting requirements, the state of operation for the non-profit is CA.
  • The non-profit's address for 2019 is listed as 202 W 1ST ST, LOS ANGELES, CA, 90012 in the filing.
  • As per the non-profit's form, they have 45 employees as of 2019.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $798,495.
  • The organization has 23 independent voting members.
  • The organization was formed in 2005.
  • The organization pays $3,919,702 in salary, compensation, and benefits to its employees.
  • The organization pays $401,864 in fundraising expenses.

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