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Nonprofiteer
← PENSACOLAS PROMISE INC

Form 990-EZ for tax year 2022

Filed by PENSACOLAS PROMISE INC.

Totals

Total revenue
$158,132
Total expenses
$174,346
Contributions and grants received
$151,535
Grants paid
not reported
Program service revenue
$8,163
Membership dues (line 3)
not reported
Investment income (line 4)
not reported
Gain or loss on sale of assets (line 5c)
not reported
Gaming and fundraising events, net (line 6d)
-$1,566
Gross profit on inventory sales (line 7c)
not reported
Other revenue (line 8)
not reported
Total assets, end of year
$33,003
Total liabilities, end of year
$3,892
Net assets or fund balances, end of year
$29,111
Program service expenses (Part III)
$171,418

Program services were 98.3% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.

Mission and programs · 2022

Primary exempt purpose

OUR MISSION AT CHAIN REACTION IS TO EMPOWER TEENS TO LEARN THROUGH SERVICE. IN A SAFE, FUN AND EMPOWERING ENVIRONMENT, OUR TEENS DISCOVER THEIR INNATE STRENGTHS AND UPTAPPED ABILITIES; UNITE AS A TEAM OF CONNECTED, COMMITTED CITIZENS; AND BELIEVE IN THEMSELVES TO ACHIEVE MORE AND ASPIRE TO SEE THE GOOD IN ALL THINGS.

  • CHAIN REACTION (CR) HAS GAINED REPUTATION AS THE PREMIER TEEN LEADERSHIP AND EXPERIENTIAL EDUCATION ORGANIZATION FOR TEENS. EDUCATION THROUGH APPLIED SERVICE LEARNING AND CIVIC PROJECTS TEACHES OUR TEENS IMPORTANT LIFE SKILLS AND CHARACTER DEVELOPMENT. CR'S CURRICULUM LAYS THE FOUNDATION THAT PREPARES TEENS FOR THE REAL WORLD AND IS RECOGNIZED AS A PROVEN FORCE FOR CREATING A POSITIVE, MEASURABLE IMPACT FOR TEEN SUCCESS. CR IS TEEN- DRIVEN AND TEEN-ORGANIZED, OFFERING A SAFE, FUN, AND INCLUSIVE ENVIRONMENT TO EMPOWER TEENS TO IDENTIFY THEIR PASSIONS, DISCOVER PURPOSE, AND PROPEL PERSONAL GROWTH AND LEADERSHIP SKILLS. CR CREATES A PLACE WHERE TEENS CAN MAKE AN IMPACT BEYOND THEMSELVES, AND USE THESE VALUABLE SKILL SETS TO POSITIVELY IMPACT THEIR COMMUNITY.

    Expenses $171,418

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part IV

  • Lou Tungol

    BOARD CHAIR

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    3
  • Joy Barnes

    VICE BOARD C

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    3
  • Triston P Long

    TREASURER

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    3
  • Thu-Hong Nguyen

    SECRETARY

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    3
  • John Jack Terhaar

    BOARD MEMBER

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    3
  • Tony Garrett

    BOARD MEMBER

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    3
  • Kristin Fairchild

    EXECUTIVE DI

    Total calculated
    $65,625
    Compensation
    $65,625
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    40

Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990_ez
Tax year
2022
Filed
12 August 2024
IRS schema version
2022v5.0
Source object
202442259349201559

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