Nonprofit · EIN 46-4939110
BALTIMORES PROMISE INC
Tax-exempt · BALTIMORE, MD 21201
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $834,340 | $640,822 | $193,518 | $409,479 | $0 | $409,479 |
| December 31, 2023 | 990-PF | $0 | $166,405 | -$166,405 | $215,961 | $0 | $215,961 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $834,340
Expenses
- Grants and similar amounts paid
- $640,822
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Disbursements for charitable purposes
- $640,822
Balance sheet and other
- Total assets, start of year
- $215,961
- Total assets, end of year
- $409,479
- Total liabilities, end of year
- $0
- Net assets, end of year
- $409,479
- Fair market value of assets
- $409,479
- Qualifying distributions
- $640,822
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-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Matthew Gallagher 800 N Charles Street, Suite 400, Baltimore, MD 21201 | Co-Chair | 1 | $0 |
| Lisa Hamilton 800 N Charles Street, Suite 400, Baltimore, MD 21201 | Co-Chair | 1 | $0 |
| Franklyn Baker 800 N Charles Street, Suite 400, Baltimore, MD 21201 | Treasurer | 1 | $0 |
| Danista Hunte 800 N Charles Street, Suite 400, Baltimore, MD 21201 | Secretary | 1 | $0 |
| John Brothers 800 N Charles Street, Suite 400, Baltimore, MD 21201 | Director | 1 | $0 |
| Ronald Daniels 800 N Charles Street, Suite 400, Baltimore, MD 21201 | Director | 1 | $0 |
| Robert Embry 800 N Charles Street, Suite 400, Baltimore, MD 21201 | Director | 1 | $0 |
| Bruce Jarrell 800 N Charles Street, Suite 400, Baltimore, MD 21201 | Director | 1 | $0 |
| Mark Lerner 800 N Charles Street, Suite 400, Baltimore, MD 21201 | Director | 1 | $0 |
| Rachel Monroe 800 N Charles Street, Suite 400, Baltimore, MD 21201 | Director | 1 | $0 |
| Brian Pieninck 800 N Charles Street, Suite 400, Baltimore, MD 21201 | Director | 1 | $0 |
| Sonja Santelises 800 N Charles Street, Suite 400, Baltimore, MD 21201 | Director | 1 | $0 |
| Shanaysha Sauls 800 N Charles Street, Suite 400, Baltimore, MD 21201 | Director | 1 | $0 |
| Brandon Scott 800 N Charles Street, Suite 400, Baltimore, MD 21201 | Director | 1 | $0 |
| David Wilson 800 N Charles Street, Suite 400, Baltimore, MD 21201 | Director | 1 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Diane Bell McKoy 800 N Charles Street, Suite 400, Baltimore, MD 21201 | Director | 1 | $0 |
| Letitia Dzirasa 800 N Charles Street, Suite 400, Baltimore, MD 21201 | Director | 1 | $0 |
| Donald Fry 800 N Charles Street, Suite 400, Baltimore, MD 21201 | Director | 1 | $0 |
990-PF for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Matthew Gallagher PO Box 65120, Baltimore, MD 21209 | Co-Chair | 1 | $0 |
| Lisa Hamilton PO Box 65120, Baltimore, MD 21209 | Co-Chair | 1 | $0 |
| Franklyn Baker PO Box 65120, Baltimore, MD 21209 | Treasurer | 1 | $0 |
| Danista Hunte PO Box 65120, Baltimore, MD 21209 | Secretary | 1 | $0 |
| John Brothers PO Box 65120, Baltimore, MD 21209 | Director | 1 | $0 |
| Ronald Daniels PO Box 65120, Baltimore, MD 21209 | Director | 1 | $0 |
| Tisha Edwards PO Box 65120, Baltimore, MD 21209 | Director | 1 | $0 |
| Robert Embry PO Box 65120, Baltimore, MD 21209 | Director | 1 | $0 |
| Mary Beth Haller PO Box 65120, Baltimore, MD 21209 | Director | 1 | $0 |
| Bruce Jarrell PO Box 65120, Baltimore, MD 21209 | Director | 1 | $0 |
| Carim Khouzami PO Box 65120, Baltimore, MD 21209 | Director | 1 | $0 |
| Alysia Lee PO Box 65120, Baltimore, MD 21209 | Director | 1 | $0 |
| Mark Lerner PO Box 65120, Baltimore, MD 21209 | Director | 1 | $0 |
| Rachel Monroe PO Box 65120, Baltimore, MD 21209 | Director | 1 | $0 |
| Brian Pieninck PO Box 65120, Baltimore, MD 21209 | Director | 1 | $0 |
| Sonja Santelises PO Box 65120, Baltimore, MD 21209 | Director | 1 | $0 |
| Shanaysha Sauls PO Box 65120, Baltimore, MD 21209 | Director | 1 | $0 |
| Brandon Scott PO Box 65120, Baltimore, MD 21209 | Director | 1 | $0 |
| David Wilson PO Box 65120, Baltimore, MD 21209 | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 800 N CHARLES ST STE 400, BALTIMORE, MD 21201-5322
- In care of
- % JULIA BAEZ
- Signed the 990-PF
- Julia Baez, CEO
- Phone
- (443) 873-6000
- Website
- www.baltimorespromise.org
- Return prepared by
- Fund for Educational Excellence
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 46-4939110
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 2015
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Youth development (O50)
- Assets (IRS master file)
- $409,479
- Income (IRS master file)
- $834,340
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $834,340 | $640,822 | $409,479 | XML |
| 990-PF | December 2023 | $0 | $166,405 | $215,961 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | 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 46-4939110).
Questions about BALTIMORES PROMISE INC
- What is the EIN of BALTIMORES PROMISE INC?
- The employer identification number (EIN) of BALTIMORES PROMISE INC is 46-4939110.
- Is BALTIMORES PROMISE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to BALTIMORES PROMISE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does BALTIMORES PROMISE INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of BALTIMORES 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 BALTIMORES PROMISE INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of BALTIMORES PROMISE INC?
- The 990-PF for the year ended December 31, 2024 lists 18 people; 0 received compensation from the organization.
- How much revenue does BALTIMORES PROMISE INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $834,340, expenses of $640,822 and total assets of $409,479 at year end.
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