Skip to main content

Nonprofit · EIN 47-2302870

URBANPROMISE CHARLOTTE

Tax-exempt · CHARLOTTE, NC 28220

Financials

$2.6M$3M2023$5.5M$3.1M2024
Revenue Expenses · by fiscal year end
Financials of URBANPROMISE CHARLOTTE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$5,518,139$3,148,592$2,369,547$3,691,255$125,790$3,565,465
June 30, 2024990$2,597,754$2,998,496-$400,742$1,250,641$134,723$1,115,918
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$5,512,841
Program service revenue
$0
Investment income
$0
Other revenue
$5,298

Expenses

Grants and similar amounts paid
$2,602
Compensation of officers, directors and key employees
$127,997
Other salaries and wages
$1,853,108
Salaries, compensation and benefits (total)
$2,257,513
Professional fundraising fees
$0
Occupancy
$56,978
Travel
$212,905
Depreciation
$2,403
Program services (functional)
$2,716,112
Management and general (functional)
$183,288
Fundraising (functional)
$249,192

Balance sheet and other

Total assets, start of year
$1,250,641
Total assets, end of year
$3,691,255
Total liabilities, end of year
$125,790
Net assets, end of year
$3,565,465
Land, buildings and equipment
$19,578
Net assets without donor restrictions
$12,118
Net assets with donor restrictions
$3,553,347
Gross receipts
$5,518,139
Employees
244
Volunteers
230
Year formed
2014
State of legal domicile
NC

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.

NameTitleHours / weekCompensationOther / benefits
Jimmy McQuilkinExecutive Dir.
Officer
50$107,637$20,360
Brisa Urquieta de HernandezChair
Trustee or director, Officer
2$0$0
Erika ReynosoVice Chair
Trustee or director, Officer
2$0$0
Bill NoelTreasurer
Trustee or director, Officer
2$0$0
Steve GassawaySecretary
Trustee or director, Officer
2$0$0
Dave MathewsDirector
Trustee or director
2$0$0
Ashley WrightDirector
Trustee or director
2$0$0
990 for the year ended June 30, 2024: 7 people
NameTitleHours / weekCompensationOther / benefits
Jimmy McQuilkinExecutive Dir.
Officer
50$103,674$22,730
LaTarzja HenryChair
Trustee or director, Officer
2$0$0
Brisa Urquieta de HernandezVice Chair
Trustee or director, Officer
2$0$0
Matt MollozziTreasurer
Trustee or director, Officer
2$0$0
RJ CaswellSecretary
Trustee or director, Officer
2$0$0
Jonathan MatosDirector
Trustee or director
2$0$0
Erika ReynosoDirector
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
PO BOX 12213, CHARLOTTE, NC 28220-2213
In care of
% JAMES MCQUILKIN
Mailing address (990-N for 2014)
5214 Murrayhill Road, Charlotte NC 28210
Principal officer (990 for 2024)
Jimmy McQuilkin, PO Box 12213, Charlotte, NC 28220
Principal officer (990-N for 2014)
James McQuilkin, 5214 Murrayhill Road, Charlotte NC 28210
Signed the 990
Brisa Urquieta de Hernandez, Chair
Phone
(301) 325-9471
Return prepared by
Foard and Company PA

Mission

Provide Charlotte's low-income children and youth with the academic, spiritual, and social development necessary to become Christian leaders determined to restore their communities.

990 for the year ended June 30, 2025

Program accomplishments

  • StreetLeader Program: Through our unique StreetLeader Program, UrbanPromise employs low-income high school students as counselors, tutors, and mentors for the children who attend our afterschool and summer programs. The heart of the StreetLeader Program is challenging teens to use their influence to make positive changes in the lives of children, in their own lives, and throughout their communities. The StreetLeader Program employs approximately 140 teenagers. For most of our StreetLeaders, this is their first job, and they receive extensive training and on-the-job mentoring. Once in the StreetLeader Program, teens have the opportunity to take-on expanded responsibilities and develop leadership skills as peer leaders. In addition to leading the younger students during afterschool and summer programs, StreetLeaders also participate in year-round leadership and academic development led by UrbanPromise staff. This development includes leadership training, SAT tutoring, college advising and preparation, and one-on-one adult mentorship. With the StreetLeader Programs focus on achievement, 100% of our first eleven classes of senior StreetLeaders graduated high school on-time and received college acceptance. Most will become the first member of their families to graduate from college.
    Expenses $1,401,305
  • AfterSchool Program: UrbanPromise AfterSchool Programs provide opportunities for elementary and middle school students to improve their academic performance, develop necessary life skills, create positive relationships with caring adults, explore the arts, and nurture their faith. Approximately 340 elementary and middle school students participate in UrbanPromises AfterSchool Programs rooted in four of Charlottes lowest-income neighborhoods in west, southwest, north, and east Charlotte.
    Expenses $747,864
  • Summer Camp: UrbanPromise Summer Camps fill the learning-gap between semesters and provide elementary school students with six-weeks of focused academic instruction, spiritual support, and abiding relationships. Literacy instruction throughout the year is led by certified Charlotte-Mecklenburg Schools teachers. During the summer, literacy instruction is designed to combat the summer learning loss students from low-income families often experience. During our last eleven summer programs, UrbanPromise students made an average of 3+ months of reading growth during our six-week program.
    Expenses $566,943

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
47-2302870
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
2015
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,691,255
Income (IRS master file)
$5,518,139

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$5,518,139$3,148,592$3,691,255XML
990June 2024$2,597,754$2,998,496$1,250,641XML
990June 2023$2,315,390$2,561,207$1,593,167IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––IRS
990June 2018–––IRS
990-N for 2014
Officer: James McQuilkin
June 30, 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 47-2302870).

Questions about URBANPROMISE CHARLOTTE

What is the EIN of URBANPROMISE CHARLOTTE?
The employer identification number (EIN) of URBANPROMISE CHARLOTTE is 47-2302870.
Is URBANPROMISE CHARLOTTE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to URBANPROMISE CHARLOTTE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does URBANPROMISE CHARLOTTE 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 URBANPROMISE CHARLOTTE 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 URBANPROMISE CHARLOTTE 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 URBANPROMISE CHARLOTTE?
The 990 for the year ended June 30, 2025 names Jimmy McQuilkin.
Who are the officers and directors of URBANPROMISE CHARLOTTE?
The 990 for the year ended June 30, 2025 lists 7 people; 1 received compensation from the organization, the highest $107,637 (Jimmy McQuilkin, Executive Dir.).
How much revenue does URBANPROMISE CHARLOTTE have?
On its 990 for the year ended June 30, 2025 it reported revenue of $5,518,139, expenses of $3,148,592 and total assets of $3,691,255 at year end.

Other nonprofits in CHARLOTTE

All nonprofits in CHARLOTTE · North Carolina · Youth development