Skip to main content

Nonprofit · EIN 26-4261551

PROMISE OF DEMOCRACY FOUNDATION INC

Tax-exempt (reinstated) · CLEVELAND, OH 44114

Financials

$25K$71K2023$113K$97K2024
Revenue Expenses · by fiscal year end
Financials of PROMISE OF DEMOCRACY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$113,125$96,998$16,127$16,315$7,800$8,515
December 31, 2023990-EZ$24,904$71,214-$46,310$188$7,800-$7,612
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$113,125
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$47,976
Compensation of officers, directors and key employees
$25,875
Salaries, compensation and benefits (total)
$25,875
Professional fees and payments to contractors
$740
Occupancy
$9,159
Printing, publications and postage
$728
Other expenses
$12,520
Program services (functional)
$96,110

Balance sheet and other

Total assets, start of year
$188
Total assets, end of year
$16,315
Total liabilities, end of year
$7,800
Net assets, end of year
$8,515
Cash, savings and investments
$16,315
Gross receipts
$113,125

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Gregory MoorePresident20$22,125
David HoltTreasurer2$3,750
Jean MooreSecretary1$0
Cynthia Downs-TaylorDirector0.5$0
990-EZ for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
Gregory MoorePresident20$15,750
David HoltTreasurer2$1,000
Jean MooreSecretary1$500
Cynthia Downs-TaylorDirector0.5$0

Address and contacts

Address (IRS master file)
600 SUPERIOR AVE E STE 1300, CLEVELAND, OH 44114-2654
In care of
% JEAN MOORE
Mailing address (990-N for 2015)
14319 Governor Lee Place, Upper Marlboro MD 20772
Principal officer (990-N for 2015)
Jean Moore, 14319 Governor Lee Place, Upper Marlboro MD 20772
Signed the 990-EZ
David Holt, Treasurer
Phone
(216) 217-1411

Mission

The Promise of Democracy Foundation's (PDF) mission is to improve the quality of life in African American and underserved communities, by promoting democratic values, voting rights and electoral participation, through non-partisan voter registration/education, participation in policy forums, and the promotion of literary and cultural arts.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • Black Voters Matter Capacity Building Institute. The purpose of this program was to serve as fiscal sponsor for the Ohio Voter Fund in building its organizational capacity to conduct training and implementation of non-partisan voter engagement programs including predictive dialer phone banking, door to door canvassing operations, non-partisan voter education literature distribution, and coordination of Early Vote bus tours and other Get Out the Vote activities.
    Expenses $37,895 · grants $42,000
  • Ohio Voice. Provided support for Promise of Democracy and Ohio Voter Fund's organizational operations in implementing non-partisan community based voter education and get out the vote training and neighborhood canvassing operations in Cuyahoga county. This program continues into 2025.
    Expenses $21,215 · grants $30,425
  • NEO Philanthropy; Healthy Democracy Healthy People. Implementation of a civic engagement pilot program to recruit, and train Community Health Workers to carry out non-partisan voter registration and education programs within their agencies and among their clients and surrounding community.
    Expenses $27,000 · grants $30,000
  • Cleveland Votes. Provided support for Promise of Democracy and Ohio Voter Fund's organization's operations in implementing their Equitable Democracy grant program through non-partisan community-based programs including voter registration, voter education and awareness programs.
    Expenses $10,000 · grants $10,000

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
26-4261551
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
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$16,315
Income (IRS master file)
$113,125

Revocation and reinstatement

Exemption revoked
May 15, 2012
Posted by the IRS
October 21, 2013
Reinstated
Effective May 15, 2012

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$113,125$96,998$16,315IRS
990-EZDecember 2023$24,904$71,214$188XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2018–––IRS
990-N for 2015
Officer: Jean Moore
December 31, 2015≤ $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 26-4261551).

Questions about PROMISE OF DEMOCRACY FOUNDATION INC

What is the EIN of PROMISE OF DEMOCRACY FOUNDATION INC?
The employer identification number (EIN) of PROMISE OF DEMOCRACY FOUNDATION INC is 26-4261551.
Is PROMISE OF DEMOCRACY FOUNDATION INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2012 and reinstated it effective May 15, 2012.
Are donations to PROMISE OF DEMOCRACY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PROMISE OF DEMOCRACY FOUNDATION INC 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 PROMISE OF DEMOCRACY FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PROMISE OF DEMOCRACY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of PROMISE OF DEMOCRACY FOUNDATION INC?
The 990-N for 2015 names Jean Moore.
Who are the officers and directors of PROMISE OF DEMOCRACY FOUNDATION INC?
The 990-EZ for the year ended December 31, 2024 lists 4 people; 2 received compensation from the organization, the highest $22,125 (Gregory Moore, President).
How much revenue does PROMISE OF DEMOCRACY FOUNDATION INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $113,125, expenses of $96,998 and total assets of $16,315 at year end.

Other nonprofits in CLEVELAND

All nonprofits in CLEVELAND · Ohio · Public and societal benefit