Nonprofit · EIN 51-0602274
PROMISE CHILD
Tax-exempt · GARDEN GROVE, CA 92845
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,906,305 | $2,149,771 | -$243,466 | $1,991,570 | $0 | $1,991,570 |
| December 31, 2023 | 990 | $2,137,692 | $2,396,390 | -$258,698 | $2,235,036 | $0 | $2,235,036 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,819,960
- Program service revenue
- $0
- Investment income
- $86,345
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,895,640
- Compensation of officers, directors and key employees
- $39,600
- Other salaries and wages
- $75,969
- Salaries, compensation and benefits (total)
- $115,569
- Professional fundraising fees
- $0
- Accounting fees
- $1,775
- Occupancy
- $7,200
- Travel
- $69,821
- Depreciation
- $1,910
- Program services (functional)
- $2,068,885
- Management and general (functional)
- $73,090
- Fundraising (functional)
- $7,796
Balance sheet and other
- Total assets, start of year
- $2,235,036
- Total assets, end of year
- $1,991,570
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,991,570
- Land, buildings and equipment
- $6,108
- Net assets without donor restrictions
- $395,029
- Net assets with donor restrictions
- $1,596,541
- Gross receipts
- $1,906,305
- Employees
- 3
- Year formed
- 2006
- State of legal domicile
- CA
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 |
|---|---|---|---|
| BRENT KASER | CHAIRMAN Trustee or director, Officer | 40 | $39,600 |
| RICHARD YOUNG | TREASURER Trustee or director, Officer | 20 | $0 |
| BRANDON LAVELL | DIRECTOR Trustee or director, Officer | 5 | $0 |
| KERRY YOUNG | ADMINISTRATOR Trustee or director | 30 | $0 |
| ROB DOUGLASS | DIRECTOR Trustee or director | 20 | $0 |
| BRIAN JOHNSON | DIRECTOR Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRENT KASER | CHAIRMAN Trustee or director, Officer | 40 | $68,920 |
| RICHARD YOUNG | TREASURER Trustee or director, Officer | 20 | $0 |
| BRANDON LAVELL | DIRECTOR Trustee or director, Officer | 5 | $0 |
| KERRY YOUNG | ADMINISTRATOR Trustee or director | 30 | $0 |
| ROB DOUGLASS | DIRECTOR Trustee or director | 20 | $0 |
| BRIAN JOHNSON | DIRECTOR Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 12611 CHASE ST, GARDEN GROVE, CA 92845-2639
- In care of
- % WILLIAM KASER
- Principal officer (990 for 2024)
- RICHARD YOUNG, 203 SUNNY SHORES LOOP, SAGLE, ID 83860
- Signed the 990
- RICHARD YOUNG, TREASURER
- Phone
- (714) 749-9995
- Return prepared by
- Costello Accounting and Tax
California records
California keeps its own records of charities and corporations. Search them by EIN 51-0602274 or by the name PROMISE CHILD.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
TO BRING HOPE TO CHILDREN THROUGH A SAVING RELATIONSHIP WITH JESUS CHRIST BY FIRST MEETING THE BASIC INDIVIDUAL NEEDS SUCH AS FOOD, CLOTHING, SHELTER AND EDUCATION.
Program accomplishments
- PROVIDE NEEDED FOOD, CLOTHING, EDUCATION, LIVESTOCK, MEDICINE, SHELTERExpenses $1,041,432
- TRAIN AND PROVIDE RESOURCES TO PASTORS OR MISSIONARIES, INCLUDINGExpenses $831,657
- EDUCATE PEOPLE ABOUT 3RD WORLD POVERTY AND THE IMPACT IT HAS ON THEExpenses $114,263
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
- 51-0602274
- 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
- 2007
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P30)
- Assets (IRS master file)
- $1,991,570
- Income (IRS master file)
- $1,906,305
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,906,305 | $2,149,771 | $1,991,570 | IRS |
| 990 | December 2023 | $2,137,692 | $2,396,390 | $2,235,036 | XML |
| 990 | December 2022 | $3,551,428 | $3,510,506 | $2,493,734 | IRS |
| 990 | December 2021 | – | – | – | 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 51-0602274).
Questions about PROMISE CHILD
- What is the EIN of PROMISE CHILD?
- The employer identification number (EIN) of PROMISE CHILD is 51-0602274.
- Is PROMISE CHILD tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to PROMISE CHILD tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PROMISE CHILD 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 CHILD 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 CHILD 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 PROMISE CHILD?
- The 990 for the year ended December 31, 2024 names RICHARD YOUNG.
- Who are the officers and directors of PROMISE CHILD?
- The 990 for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $39,600 (BRENT KASER, CHAIRMAN).
- How much revenue does PROMISE CHILD have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,906,305, expenses of $2,149,771 and total assets of $1,991,570 at year end.
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All nonprofits in GARDEN GROVE · California · Human services