Nonprofit · EIN 46-3098708
THE AMERICAN PROMISE INC
Tax-exempt · TALLAHASSEE, FL 32303
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,067,910 | $3,523,609 | $544,301 | $1,670,955 | $49,007 | $1,621,948 |
| December 31, 2023 | 990 | $2,389,732 | $2,295,345 | $94,387 | $1,122,499 | $44,851 | $1,077,648 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,067,910
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,310,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $2,500
- Legal fees
- $5,783
- Accounting fees
- $30,005
- Occupancy
- $48,796
- Travel
- $7,824
- Depreciation
- $1,890
- Program services (functional)
- $3,291,719
- Management and general (functional)
- $170,585
- Fundraising (functional)
- $61,305
Balance sheet and other
- Total assets, start of year
- $1,122,499
- Total assets, end of year
- $1,670,955
- Total liabilities, end of year
- $49,007
- Net assets, end of year
- $1,621,948
- Land, buildings and equipment
- $231
- Net assets without donor restrictions
- $1,621,948
- Gross receipts
- $4,067,910
- Employees
- 0
- Volunteers
- 3
- Year formed
- 2013
- State of legal domicile
- FL
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NIC FUGATE | PRESIDENT Trustee or director, Officer | 5 | $0 |
| TYLER RIDDLE | DIRECTOR Trustee or director | 5 | $0 |
| TREY GARDNER | TREASURER Trustee or director, Officer | 5 | $0 |
| RYAN TYSON | EXECUTIVE DIRECTOR Officer | 20 | $0 |
| ALEX ALVARADO | INTERIM EX DIRECTOR Officer | 5 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NIC FUGATE | PRESIDENT Trustee or director, Officer | 5 | $0 |
| TYLER RIDDLE | DIRECTOR Trustee or director | 5 | $0 |
| TREY GARDNER | TREASURER Trustee or director, Officer | 5 | $0 |
| RYAN TYSON | EXECUTIVE DIRECTOR Officer | 20 | $0 |
| ALEX ALVARADO | INTERIM EX DIRECTOR Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 1700 N MONROE STREET 112, TALLAHASSEE, FL 32303-5535
- In care of
- % RYAN TYSON
- Principal officer (990 for 2024)
- RYAN TYSON, 1700 N MONROE STREET 112, TALLAHASSEE, FL 32303
- Signed the 990
- RYAN TYSON, EXECUTIVE DIRECTOR
- Phone
- (850) 443-0222
- Website
- WWW.LPTAD.COM
- Return prepared by
- THOMAS HOWELL FERGUSON PA
Mission
TO CONDUCT VARIOUS PROGRAMS TO EDUCATE CITIZENS ON THE SOCIETAL BENEFITS OF SOUND ECONOMIC, REGULATORY AND LEGAL POLICIES. SUCH PROGRAMS AND ACTIVITIES WILL INCLUDE, BUT NOT BE LIMITED TO, PUBLIC EDUCATION THROUGH SPEECHES, SEMINARS, RESEARCH, MEDIA DISTRIBUTION, INTERVIEWS, WEBSITE, ARTICLES, TELEVISION, RADIO AND NEWSPAPER INTERVIEWS AND OTHER ACTIVITIES FOR THE BETTERMENT OF SOCIETY.
Program accomplishments
- RESEARCH, COLLECTING & ASSEMBLING INFORMATION FOR COMPILING DATA INFORMATION REPORTS IN ORDER TO PROPERLY BRIEF MEMBERS OF THE PRESS AND GENERAL PUBLIC IN A NON-PARTISAN, UNBIASED MANNER.Expenses $1,804,970
- THE AMERICAN PROMISE, INC. CONDUCTS VARIOUS PROGRAMS TO EDUCATE CITIZENS ON THE SOCIETAL BENEFITS OF SOUND ECONOMIC, REGULATORY, AND LEGAL POLICIES. SUCH PROGRAMS AND ACTIVITIES INCLUDE, BUT ARE NOT LIMITED TO, PUBLIC EDUCATION THROUGH SPEECHES, SEMINARS, RESEARCH, MEDIA DISTRIBUTION, INTERVIEWS, WEBSITE, ARTICLES, TELEVISION, RADIO AND NEWSPAPER INTERVIEWS AND OTHER ACTIVITIES FOR THE BETTERMENT OF SOCIETY.Expenses $1,486,749 · grants $1,310,000
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 46-3098708
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Social science (V052)
- Assets (IRS master file)
- $1,670,955
- Income (IRS master file)
- $4,067,910
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4,067,910 | $3,523,609 | $1,670,955 | IRS |
| 990 | December 2023 | $2,389,732 | $2,295,345 | $1,122,499 | XML |
| 990 | December 2022 | $1,183,000 | $2,701,858 | $1,206,665 | IRS |
| 990 | December 2021 | $8,998,995 | $12,366,535 | $2,647,096 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
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 46-3098708).
Questions about THE AMERICAN PROMISE INC
- What is the EIN of THE AMERICAN PROMISE INC?
- The employer identification number (EIN) of THE AMERICAN PROMISE INC is 46-3098708.
- Is THE AMERICAN PROMISE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2014.
- Are donations to THE AMERICAN PROMISE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does THE AMERICAN PROMISE 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 THE AMERICAN PROMISE 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 THE AMERICAN PROMISE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of THE AMERICAN PROMISE INC?
- The 990 for the year ended December 31, 2024 names RYAN TYSON.
- Who are the officers and directors of THE AMERICAN PROMISE INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does THE AMERICAN PROMISE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,067,910, expenses of $3,523,609 and total assets of $1,670,955 at year end.
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