Nonprofit · EIN 26-0388141
ROCKFORD PROMISE
Tax-exempt · ROCKFORD, IL 61107
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,576,525 | $1,562,964 | $3,013,561 | $8,233,462 | $5,085 | $8,228,377 |
| June 30, 2024 | 990 | $2,736,183 | $1,403,887 | $1,332,296 | $4,936,656 | $4,465 | $4,932,191 |
| June 30, 2023 | 990 | $2,437,043 | $1,061,682 | $1,375,361 | $3,507,697 | $18,128 | $3,489,569 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $4,432,151
- of which government grants
- $3,892,463
- Program service revenue
- $0
- Investment income
- $169,370
- Net gain from sales of assets
- $9,178
- Net income from fundraising events
- -$24,996
- Other revenue
- -$24,996
Expenses
- Grants and similar amounts paid
- $918,280
- Compensation of officers, directors and key employees
- $111,912
- Other salaries and wages
- $308,637
- Salaries, compensation and benefits (total)
- $476,355
- Professional fundraising fees
- $0
- Legal fees
- $2,393
- Accounting fees
- $29,284
- Travel
- $912
- Program services (functional)
- $1,329,275
- Management and general (functional)
- $183,958
- Fundraising (functional)
- $49,731
Balance sheet and other
- Total assets, start of year
- $4,936,656
- Total assets, end of year
- $8,233,462
- Total liabilities, end of year
- $5,085
- Net assets, end of year
- $8,228,377
- Net assets without donor restrictions
- $848,193
- Net assets with donor restrictions
- $7,380,184
- Gross receipts
- $4,714,225
- Employees
- 11
- Volunteers
- 50
- Year formed
- 2007
- State of legal domicile
- IL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KAYLENE GROH | EXECUTIVE DI Officer | 40 | $94,504 | $6,710 |
| MAURICE REDD | PRESIDENT/IN Trustee or director, Officer | 4 | $0 | $0 |
| SUSAN COVINGTON-FUMO | VICE PRESIDE Trustee or director, Officer | 2 | $0 | $0 |
| JON PICK | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| EMILY HARTZOG | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| EVAN BONNETT | BOD Trustee or director | 2 | $0 | $0 |
| SCOT DOBBS | BOD Trustee or director | 2 | $0 | $0 |
| KEITH KRUCHTEN | BOD Trustee or director | 2 | $0 | $0 |
| PATRICK PEYER | BOD Trustee or director | 2 | $0 | $0 |
| DIEGO VALDIVIA | BOD Trustee or director | 2 | $0 | $0 |
| ROBERT YOUNG | BOD Trustee or director | 2 | $0 | $0 |
| JAKE TROTTER | BOD Trustee or director | 2 | $0 | $0 |
| KRISTINA REUBER | BOD Trustee or director | 2 | $0 | $0 |
| LISA JIMENEZ | BOD Trustee or director | 2 | $0 | $0 |
| ADAM ZAYED | BOD Trustee or director | 2 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MUSTAFA ABDALL | BOD Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KAYLENE GROH | EXECUTIVE DI Officer | 40 | $94,504 | $5,525 |
| MAURICE REDD | PRESIDENT/IN Trustee or director, Officer | 4 | $0 | $0 |
| SUSAN COVINGTON-FUMO | VICE PRESIDE Trustee or director, Officer | 2 | $0 | $0 |
| JON PICK | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| EMILY HARTZOG | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| EVAN BONNETT | BOD Trustee or director | 2 | $0 | $0 |
| SCOT DOBBS | BOD Trustee or director | 2 | $0 | $0 |
| KEITH KRUCHTEN | BOD Trustee or director | 2 | $0 | $0 |
| JEFF LEWIS | BOD Trustee or director | 2 | $0 | $0 |
| PATRICK PEYER | BOD Trustee or director | 2 | $0 | $0 |
| DAMON RAYNOR | BOD Trustee or director | 2 | $0 | $0 |
| DIEGO VALDIVIA | BOD Trustee or director | 2 | $0 | $0 |
| TIFFANI WEATHERLY | BOD Trustee or director | 2 | $0 | $0 |
| ROBERT YOUNG | BOD Trustee or director | 2 | $0 | $0 |
| MICHAEL PERRY | BOD Trustee or director | 2 | $0 | $0 |
| JAKE TROTTER | BOD Trustee or director | 2 | $0 | $0 |
| KRISTINA REUBER | BOD Trustee or director | 2 | $0 | $0 |
| JUSTIN KING | BOD Trustee or director | 2 | $0 | $0 |
| MUSTAFA ABDALL | BOD Trustee or director | 2 | $0 | $0 |
| LISA JIMENEZ | BOD Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KAYLENE GROH | EXECUTIVE DI Officer | 40 | $73,093 | $4,190 |
| MAURICE REDD | PRESIDENT/IN Trustee or director | 4 | $0 | $0 |
| SUSAN COVINGTON-FUMO | VICE PRESIDE Trustee or director | 2 | $0 | $0 |
| EMILY HARTZOG | SECRETARY Trustee or director | 2 | $0 | $0 |
| EVAN BONNETT | BOD Trustee or director | 2 | $0 | $0 |
| SCOT DOBBS | BOD Trustee or director | 2 | $0 | $0 |
| KEITH KRUCHTEN | BOD Trustee or director | 2 | $0 | $0 |
| JEFF LEWIS | BOD Trustee or director | 2 | $0 | $0 |
| PATRICK PEYER | BOD Trustee or director | 2 | $0 | $0 |
| DAMON RAYNOR | BOD Trustee or director | 2 | $0 | $0 |
| DIEGO VALDIVIA | BOD Trustee or director | 2 | $0 | $0 |
| TIFFANI WEATHERLY | BOD Trustee or director | 2 | $0 | $0 |
| ROBERT YOUNG | BOD Trustee or director | 2 | $0 | $0 |
| MICHAEL PERRY | BOD Trustee or director | 2 | $0 | $0 |
| JAKE TROTTER | BOD Trustee or director | 2 | $0 | $0 |
| KRISTINA REUBER | BOD Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1643 NORTH ALPINE ROAD, ROCKFORD, IL 61107-1462
- In care of
- % BRIAN KOBISCHKA
- Mailing address (990-N for 2015)
- 6815 Weaver Road Suite 100, Rockford IL 61114
- Principal officer (990 for 2024)
- MAURICE REDD, 1643 N ALPINE ROAD, SUITE 104 102, ROCKFORD, IL 61107
- Principal officer (990-N for 2015)
- Elaine Breck, 9002 Hedge Rd, Byron IL 61010
- Signed the 990
- MAURICE REDD, PRESIDENT/INTERIM TR
- Phone
- (815) 627-0491
- Website
- rockfordpromise.org
- Return prepared by
- BENNING GROUP LLC
Mission
VISION STATEMENT: ENHANCE ECONOMIC VITALITY IN THE ROCKFORD REGION BY PROVIDING ACCESS TO POST-SECONDARY EDUCATION FOR ALL ROCKFORD PUBLIC SCHOOL GRADUATES. - MISSION STATEMENT: REMOVE FINANCIAL BARRIERS BY OFFERING FULL-TUITION SCHOLARSHIPS AND PROVIDE SUPPORT TO ENHANCE STUDENT SUCCESS TO DEGREE OR PROGRAM COMPLETION.
Program accomplishments
- PROVIDED FULL-TUITION SCHOLARSHIPS FOR SELECTED ROCKFORD PUBLIC SCHOOL GRADUATES: 25 ATTENDING ROCKFORD UNIVERSITY, 45 ATTENDING ROCK VALLEY COLLEGE, AND 330 STUDENTS ATTENDING NORTHERN ILLINOIS UNIVERSITY. - 198 ADDITIONAL STUDENTS HAVE BEEN SELECTED FOR FULL-TUITION SCHOLARSHIPS BEGINNING IN THE FALL OF 2025 (25 ATTENDING ROCKFORD UNIVERSITY, 26 ATTENDING ROCK VALLEY COLLEGE, 145 ATTENDING NORTHERN ILLINOIS UNIVERSITY, AND 2 ATTENDING ST ANTHONY COLLEGE OF NURSING).Expenses $1,329,275 · grants $918,280
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 26-0388141
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2008
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $8,233,462
- Income (IRS master file)
- $4,714,225
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $4,576,525 | $1,562,964 | $8,233,462 | XML |
| 990 | June 2024 | $2,736,183 | $1,403,887 | $4,936,656 | XML |
| 990 | June 2023 | $2,437,043 | $1,061,682 | $3,507,697 | XML |
| 990 | June 2022 | $1,866,293 | $549,216 | $2,107,240 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
| 990-N for 2015 Officer: Elaine Breck | June 30, 2016 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-0388141).
Questions about ROCKFORD PROMISE
- What is the EIN of ROCKFORD PROMISE?
- The employer identification number (EIN) of ROCKFORD PROMISE is 26-0388141.
- Is ROCKFORD PROMISE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to ROCKFORD PROMISE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ROCKFORD PROMISE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ROCKFORD PROMISE due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ROCKFORD PROMISE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of ROCKFORD PROMISE?
- The 990 for the year ended June 30, 2025 names MAURICE REDD.
- Who are the officers and directors of ROCKFORD PROMISE?
- The 990 for the year ended June 30, 2025 lists 16 people; 1 received compensation from the organization, the highest $94,504 (KAYLENE GROH, EXECUTIVE DI).
- How much revenue does ROCKFORD PROMISE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $4,576,525, expenses of $1,562,964 and total assets of $8,233,462 at year end.
Other nonprofits in ROCKFORD
- ROCKFORD UNIVERSITY EIN 36-2167842 · last filed 990 for 2025
- ROCKFORD RESCUE MISSION MINISTRIES EIN 36-6132381 · last filed 990 for 2025
- ROCKFORD CHRISTIAN EDUCATION ASSOCIATION EIN 36-2469118 · last filed 990 for 2025
- GALAPAGOS ROCKFORD CHARTER SCHOOL NFP INC EIN 26-4524285 · last filed 990 for 2025
- ROCKFORD CHARTER SCHOOL ORGANIZATION EIN 27-2027921 · last filed 990 for 2025
- ROCK VALLEY COLLEGE FOUNDATION EIN 36-3037232 · last filed 990 for 2025
- LEGACY ACADEMY OF EXCELLENCE CHARTER SCHOOL EIN 26-4115871 · last filed 990 for 2025
- PLUMBERS & PIPEFITTERS LOCAL 23 TRAINING FUND EIN 36-6109329 · last filed 990 for 2025