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WATERBURY PROMISE INC

EIN 87-4763561 WATERBURY, CT

Revenue 2024
$2,350,758
Expenses 2024
$1,247,624

Program services were 71.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
Classification
1000
Street
236 GRAND STREET 120

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).

Mission and programs · 2024

Mission

WATERBURY PROMISE, INC. IS A CONNECTICUT CHARITABLE ORGANIZATION DEDICATED TO INCREASING COLLEGE ASPIRATIONS, REDUCING FINANCIAL BARRIERS AND INSPIRING EVERY WATERBURY STUDENT TOWARD POST-SECONDARY EDUCATION AND COMPLETION. THE PROGRAM'S COMPREHENSIVE COLLEGE ACCESS, SUCCESS AND CAREER READINESS MODEL IS CENTERED ON A GENEROUS LAST-DOLLAR SCHOLARSHIP DESIGNED TO BRIDGE THE FINANCIAL GAP AFTER ALL INDIVIDUAL GRANTS, FINANCIAL AID, AND OTHER SCHOLARSHIPS HAVE BEEN APPLIED. EQUALLY IMPORTANT, ARE THE WRAP-AROUND SUPPORT SERVICES AND RESOURCES PROVIDED TO ENSURE STUDENTS PERSIST TO GRADUATION, ARE CAREER READY, AND EARN A LIFE-CHANGING DEGREE. THIS HOLISTIC MODEL FOCUSES ON BREAKING DOWN ALL BARRIERS (FINANCIAL, ACADEMIC, SOCIAL-EMOTIONAL, ETC.) TO POST-SECONDARY EDUCATION AND COMPLETION.

  • WATERBURY PROMISE, INC. IS A CONNECTICUT CHARITABLE ORGANIZATION DEDICATED TO INCREASING COLLEGE ASPIRATIONS, REDUCING FINANCIAL BARRIERS AND INSPIRING EVERY WATERBURY STUDENT TOWARD POST-SECONDARY EDUCATION AND COMPLETION. THE PROGRAM'S COMPREHENSIVE COLLEGE ACCESS, SUCCESS AND CAREER READINESS MODEL IS CENTERED ON A GENEROUS LAST-DOLLAR SCHOLARSHIP DESIGNED TO BRIDGE THE FINANCIAL GAP AFTER ALL INDIVIDUAL GRANTS, FINANCIAL AID, AND OTHER SCHOLARSHIPS HAVE BEEN APPLIED. EQUALLY IMPORTANT, ARE THE WRAP-AROUND SUPPORT SERVICES AND RESOURCES PROVIDED TO ENSURE STUDENTS PERSIST TO GRADUATION, ARE CAREER READY, AND EARN A LIFE-CHANGING DEGREE. THIS HOLISTIC MODEL FOCUSES ON BREAKING DOWN ALL BARRIERS (FINANCIAL, ACADEMIC, SOCIAL-EMOTIONAL, ETC.) TO POST-SECONDARY EDUCATION AND COMPLETION.

    Expenses $892,377 · Grants $717,898

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

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.

  • PAUL K PERNEREWSKI JR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DARREN SCHWARTZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KELONDA MAULL

    EXECUTIVE DIRECTOR

    Total calculated
    $163,285
    From this org
    $0
    From related orgs
    $145,305
    Other
    $17,980
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $145,305 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $17,980 related
    Filer's total
    $0 + $163,285 related

  • ADRIENNE PARKMOND

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    2

  • KAREN HARVEY

    BOARD VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • STEVEN E SCHNEIDER

    BOARD VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • SEAN MOSLEY

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • LEEANN NEAL

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • MAURICE B MOSLEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • NEIL M O'LEARY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MARCIA TEJEDA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JOSH CAREY

    ADVISORY, NON-VOTING MEMBE

    Total calculated
    $0
    Hours/week
    1

  • SANDRA D WILSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • HEDY AYERS

    DIRECTOR OF DEVELOPMENT &

    Total calculated
    $130,956
    From this org
    $0
    From related orgs
    $124,148
    Other
    $6,808
    Hours/week
    40

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, and on a Form 990-PF Part VIII's — 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
    $2,350,758
    Expenses
    $1,247,624
    Contributions
    $2,040,192
    Grants paid
    $717,898
  • 2023
    Revenue
    $2,674,017
    Expenses
    $793,439
    Contributions
    $2,401,739
    Grants paid
    $370,183

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

  • 2021 · 990

    Revenue
    $0
    Expenses
    $0
    Assets (EOY)
    $0

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. 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

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 13 October 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.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 26 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.