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Nonprofit · EIN 47-4599149

GREENWOOD PROMISE LLC

Also known as GREENWOOD PROMISE

Tax-exempt · GREENWOOD, SC 29649

Financials

$1.1M$419K2023$705K$475K2024
Revenue Expenses · by fiscal year end
Financials of GREENWOOD PROMISE LLC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$704,897$475,291$229,606$8,208,956$3,228$8,205,728
June 30, 2024990$1,131,792$419,130$712,662$7,538,006$0$7,538,006
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$348,274
Program service revenue
$0
Investment income
$356,623
Net gain from sales of assets
$162,852
Other revenue
$0

Expenses

Grants and similar amounts paid
$124,654
Compensation of officers, directors and key employees
$13,401
Other salaries and wages
$161,484
Salaries, compensation and benefits (total)
$210,638
Professional fundraising fees
$0
Occupancy
$5,061
Depreciation
$14,424
Program services (functional)
$394,762
Management and general (functional)
$61,778
Fundraising (functional)
$18,751

Balance sheet and other

Total assets, start of year
$7,538,006
Total assets, end of year
$8,208,956
Total liabilities, end of year
$3,228
Net assets, end of year
$8,205,728
Land, buildings and equipment
$8,414
Publicly traded securities
$7,925,741
Net assets without donor restrictions
$8,205,728
Gross receipts
$3,530,391
Employees
4
Volunteers
35
Year formed
2015
State of legal domicile
SC

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 / weekCompensation
WELBORN ADAMSDIRECTOR
Trustee or director
1$0
JAMES BATEMANDIRECTOR
Trustee or director
1$0
JOSH BLACKDIRECTOR
Trustee or director
2$0
DR TODD GAMBILLDIRECTOR
Trustee or director
2$0
JOSH GARVINTREASURER
Trustee or director, Officer
2$0
DR STEVE GLENNDIRECTOR
Trustee or director
1$0
DR MATT LOGANVICE-CHAIR
Trustee or director, Officer
2$0
DENISE MANLEYDIRECTOR
Trustee or director
1$0
RON MILLENDERCHAIR
Trustee or director, Officer
3$0
STEVEN PRUITTDIRECTOR
Trustee or director
1$0
JAY SELFDIRECTOR
Trustee or director
1$0
JERRY STEVENSDIRECTOR
Trustee or director
2$0
MICHAEL WALTERSDIRECTOR
Trustee or director
1$0
FRANK WIDEMANDIRECTOR
Trustee or director
2$0
TRENTSIE WILLIAMSSECRETARY
Trustee or director, Officer
2$0
990 for the year ended June 30, 2024: 16 people
NameTitleHours / weekCompensation
WELBORN ADAMSDIRECTOR
Trustee or director
2$0
JAMES BATEMANDIRECTOR
Trustee or director
2$0
JOSH BLACKVICE CHAIR
Trustee or director, Officer
2$0
DR TODD GAMBILLDIRECTOR
Trustee or director
2$0
JOSH GARVINTREASURER
Trustee or director, Officer
2$0
DR STEVE GLENNDIRECTOR
Trustee or director
2$0
DR BETTIE ROSE HORNEDIRECTOR
Trustee or director
2$0
DR MATT LOGANDIRECTOR
Trustee or director
2$0
DENISE MANLEYDIRECTOR
Trustee or director
2$0
RON MILLENDERCHAIR
Trustee or director, Officer
2$0
STEVEN PRUITTDIRECTOR
Trustee or director
2$0
JAY SELFDIRECTOR
Trustee or director
2$0
JERRY STEVENSDIRECTOR
Trustee or director
2$0
MICHAEL WALTERSDIRECTOR
Trustee or director
2$0
FRANK WIDEMANDIRECTOR
Trustee or director
2$0
TRENTSIE WILLIAMSDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
PO BOX 49458, GREENWOOD, SC 29649-0008
In care of
% FOUNDATION FOR A GREATER GREENWOO
Principal officer (990 for 2024)
CARRIE HOFMANN
Signed the 990
JOSH GARVIN, TREASURER
Phone
(864) 377-8110
Return prepared by
MANLEY GARVIN LLC

Mission

THE GREENWOOD PROMISE IS AN EDUCATIONAL INITIATIVE AIMED AT INCREASING THE ECONOMIC GROWTH OF GREENWOOD COUNTY BY PROMOTING POST-SECONDARY EDUCATION AND THEREBY ENSURING A SKILLED AND EDUCATED WORKFORCE. THIS INITIATIVE ENABLES GREENWOOD COUNTY TO BE A VIABLE COMPETITOR IN BOTH INDUSTRY AND COMMUNITY ATTRACTIVENESS BY PROMISING ALL ELIGIBLE GREENWOOD COUNTY HIGH SCHOOL GRADUATES TUITION ASSISTANCE. THE PROGRAM SUPPORTS AN ASSOCIATE'S DEGREE AND HOPES TO PROVIDE THE OPPORTUNITY FOR ADVANCEMENT TO A FOUR-YEAR DEGREE FOR THOSE WITH THE ACADEMIC ABILITY TO SUCCEED.

990 for the year ended June 30, 2025

Program accomplishments

  • PROVIDE TUITION ASSISTANCE TO GRADUATES OF GREENWOOD COUNTY TO PROMOTE POST-SECONDARY EDUCATION AND THEREBY ENSURING A SKILLED AND EDUCATED WORKFORCE, AN IMPROVED OVERALL QUALITY OF LIFE, AND AN INCREASED ECONOMIC VITALITY.
    Expenses $394,762 · grants $124,654

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
47-4599149
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
2019
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$8,208,956
Income (IRS master file)
$3,530,391

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$704,897$475,291$8,208,956XML
990June 2024$1,131,792$419,130$7,538,006IRS
990June 2023$283,623$336,172$6,335,233IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––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 47-4599149).

Questions about GREENWOOD PROMISE LLC

What is the EIN of GREENWOOD PROMISE LLC?
The employer identification number (EIN) of GREENWOOD PROMISE LLC is 47-4599149.
Is GREENWOOD PROMISE LLC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to GREENWOOD PROMISE LLC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GREENWOOD PROMISE LLC 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 GREENWOOD PROMISE LLC 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 GREENWOOD PROMISE LLC 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 GREENWOOD PROMISE LLC?
The 990 for the year ended June 30, 2025 names CARRIE HOFMANN.
Who are the officers and directors of GREENWOOD PROMISE LLC?
The 990 for the year ended June 30, 2025 lists 15 people; 0 received compensation from the organization.
How much revenue does GREENWOOD PROMISE LLC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $704,897, expenses of $475,291 and total assets of $8,208,956 at year end.

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