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LA PROMISE FUND

EIN 20-4562686 LOS ANGELES, CA

Revenue 2024
$19,838,433
Expenses 2024
$21,944,660

Program services were 75.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
B82
Classification
1000
Street
1933 S BROADWAY STE 1108

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • DONNELL BEVERLY

    CO CHAIR

    Total calculated
    $0
    Hours/week
    8
  • STEPHEN PROUGH

    CO CHAIR

    Total calculated
    $0
    Hours/week
    8
  • ELIZABETH MANN

    SECRETARY

    Total calculated
    $0
    Hours/week
    8
  • DEAN HALLETT

    TREASURER (UNTIL MAR '25)

    Total calculated
    $0
    Hours/week
    8
  • SIMON OSBORN

    CO CHAIR

    Total calculated
    $0
    Hours/week
    8
  • MEGAN CHERNIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4
  • MELISSA STEPHENS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4
  • RUSSELL WESTBROOK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4
  • AMIT VERMA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4
  • TANESHA DUNCAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4
  • BRIAN MCNAMEE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4
  • PAUL DEBERNIER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4
  • IVELISSE ESTRADA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4
  • PETER JAROWEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4
  • DANIELLE VICK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    8
  • KATHLEEN KENNEDY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4
  • FERNANDO FERNANDEZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    8
  • ALISON TEMPLE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4
  • JAIME UZETA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4
  • ALI POWELL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4
  • MOLLY PARK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4
  • LEO MEDINA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4
  • VANESSA ROSALES

    DIRECTOR (FROM SEP '24)

    Total calculated
    $0
    Hours/week
    4
  • VERONICA MELVIN

    CEO/PRESIDENT

    Total calculated
    $319,289
    From this org
    $278,392
    From related orgs
    $0
    Other
    $40,897
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $278,092
    Bonus
    $300
    Other
    $0
    Deferred
    $10,069
    Nontaxable benefits
    $30,839
    Filer's total
    $319,300
  • RON FERNANDO

    CFO

    Total calculated
    $123,374
    From this org
    $113,907
    From related orgs
    $0
    Other
    $9,467
    Hours/week
    40

The first 25 listed. Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, 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. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $19,838,433
    Expenses
    $21,944,660
    Contributions
    $17,387,180
    Grants paid
    $816,530
  • 2023
    Revenue
    $19,518,864
    Expenses
    $15,946,369
    Contributions
    $18,085,771
    Grants paid
    $516,763
  • 2022
    Revenue
    $13,745,998
    Expenses
    $15,302,635
    Contributions
    $14,799,573
    Grants paid
    $911,844

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2024 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported
  • 2023 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported
  • 2022 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

Nonprofiteer parses the Form 990 only. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

The 10 largest by cash amount. The API serves every itemized grant.

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 10 September 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.