Nonprofit · EIN 86-1723276
PROMISE 418 PROJECT
Tax-exempt · ARGYLE, TX 76226
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990-EZ | $57,914 | $57,043 | $871 | $4,329 | – | $4,329 |
Financial details: 990-EZ for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $57,914
- Program service revenue
- $0
- Investment income
- $0
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $500
- Other expenses
- $56,543
- Program services (functional)
- $30,914
Balance sheet and other
- Total assets, start of year
- $3,458
- Total assets, end of year
- $4,329
- Total liabilities, end of year
- –
- Net assets, end of year
- $4,329
- Cash, savings and investments
- $4,329
- Gross receipts
- $57,914
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-EZ for the year ended December 31, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Scott Carpus | President | 40 | $0 |
| Mark Mangrum | Secretary | 20 | $0 |
| John Akos | VP | 20 | $0 |
Address and contacts
- Address (IRS master file)
- 840 FRENCHTOWN RD, ARGYLE, TX 76226-6907
- In care of
- % SCOTT CARPUS
- Mailing address (990-N for 2025)
- 840 Frenchtown Road, ARGYLE TX 76226
- Principal officer (990-N for 2025)
- Scott Carpus, 840 Frenchtown Road, Argyle TX 76226
- Signed the 990-EZ
- Scott Carpus, President
- Phone
- (682) 209-0216
- Return prepared by
- Rand McMicken & Associates PC
Mission
To provide humaitarian support through activities including, but not limited to, water well projects, immigration assistance, affordable housing and digital literacy for advancement
Program accomplishments
- Humanitarian support for affordable housing and literacyadvancementExpenses $30,914
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 | 990-N on file |
| 2024 | December 31, 2024 | May 15, 2025 | Check at the IRS |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 86-1723276
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q32)
- Assets (IRS master file)
- $4,329
- Income (IRS master file)
- $57,914
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: Scott Carpus | December 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2023 | $57,914 | $57,043 | $4,329 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | 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 86-1723276).
Questions about PROMISE 418 PROJECT
- What is the EIN of PROMISE 418 PROJECT?
- The employer identification number (EIN) of PROMISE 418 PROJECT is 86-1723276.
- Is PROMISE 418 PROJECT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to PROMISE 418 PROJECT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PROMISE 418 PROJECT 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 418 PROJECT due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PROMISE 418 PROJECT last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
- Who is the principal officer of PROMISE 418 PROJECT?
- The 990-N for 2025 names Scott Carpus.
- Who are the officers and directors of PROMISE 418 PROJECT?
- The 990-EZ for the year ended December 31, 2023 lists 3 people; 0 received compensation from the organization.
- How much revenue does PROMISE 418 PROJECT have?
- On its 990-EZ for the year ended December 31, 2023 it reported revenue of $57,914, expenses of $57,043 and total assets of $4,329 at year end.
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- ARGYLE WATER SUPPLY CORPORATION EIN 75-1151768 · last filed 990 for 2025
- DENTON COUNTRY CLUB EIN 75-0788391 · last filed 990 for 2024
- CROSS TIMBERS WATER SUPPLY CORPORATION EIN 75-1210981 · last filed 990 for 2025
- SELWYN SCHOOL EIN 75-0989569 · last filed 990 for 2025
- HOPE IGNITED INC EIN 27-0045493 · last filed 990 for 2025
All nonprofits in ARGYLE · Texas · International, foreign affairs and national security