Nonprofit · EIN 93-3279997
DALLAS PROMISE PROJECT
Tax-exempt · ADDISON, TX 75001
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $450,708 | $427,704 | $23,004 | $16,807 | $4,970 | $11,837 |
| December 31, 2024 | 990 | $391,000 | $575,041 | -$184,041 | $8,851 | $20,018 | -$11,167 |
| December 31, 2023 | 990 | $347,196 | $174,322 | $172,874 | $209,298 | $36,424 | $172,874 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $450,708
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $7,500
- Compensation of officers, directors and key employees
- $209,667
- Other salaries and wages
- $20,961
- Salaries, compensation and benefits (total)
- $244,586
- Professional fundraising fees
- $0
- Legal fees
- $637
- Accounting fees
- $8,050
- Occupancy
- $1,800
- Travel
- $728
- Program services (functional)
- $313,820
- Management and general (functional)
- $113,884
Balance sheet and other
- Total assets, start of year
- $8,851
- Total assets, end of year
- $16,807
- Total liabilities, end of year
- $4,970
- Net assets, end of year
- $11,837
- Net assets without donor restrictions
- $11,837
- Gross receipts
- $450,708
- Employees
- 1
- Volunteers
- 3
- Year formed
- 2023
- State of legal domicile
- TX
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NAKIA DOUGLAS | President Trustee or director, Officer | 1 | $209,665 |
| SARAH ZUBIATE BENNETT | Secretary Trustee or director, Officer | 1 | $0 |
| MONTY BENNETT | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NAKIA DOUGLAS | President Trustee or director, Officer | 1 | $61,153 |
| SARAH ZUBIATE BENNETT | Secretary Trustee or director, Officer | 1 | $0 |
| MONTY BENNETT | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DARREN WOODSON | President Trustee or director, Officer | 1 | $0 |
| SARH ZUBIATE BENNETT | Secretary Trustee or director, Officer | 1 | $0 |
| MONTY BENNETT | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 5015 ADDISON CIRCLE 507, ADDISON, TX 75001-3308
- Principal officer (990 for 2025)
- NAKIA DOUGLAS, 5015 ADDISON CIRCLE 507, ADDISON, TX 75001
- Signed the 990
- MONTY BENNETT, Director
- Phone
- (972) 980-2700
- Return prepared by
- Sutton Frost Cary LLP
Mission
To improve the Dallas public education system by raising and deploying capital to institutions in the most disadvantaged areas of the city.
Program accomplishments
- Within the past 8 months, Dallas Education Collective has been able to:- Identify prospective Charter provider partners.- establish partnerships with local service providers- Identify and strengthen relationships with local elected officials and leaders- research and visit the top educational institutions across the state- participate in local, state and national conferences and/or convenings regarding education - provide introductions and establish partnerships with other non - profits agencies.Expenses $313,820 · grants $7,500
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 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
- 93-3279997
- 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
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W11)
- Assets (IRS master file)
- $16,807
- Income (IRS master file)
- $450,708
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $450,708 | $427,704 | $16,807 | XML |
| 990 | December 2024 | $391,000 | $575,041 | $8,851 | XML |
| 990 | December 2023 | $347,196 | $174,322 | $209,298 | XML |
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 93-3279997).
Questions about DALLAS PROMISE PROJECT
- What is the EIN of DALLAS PROMISE PROJECT?
- The employer identification number (EIN) of DALLAS PROMISE PROJECT is 93-3279997.
- Is DALLAS PROMISE PROJECT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to DALLAS PROMISE PROJECT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DALLAS PROMISE 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 DALLAS PROMISE 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 DALLAS PROMISE PROJECT last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of DALLAS PROMISE PROJECT?
- The 990 for the year ended December 31, 2025 names NAKIA DOUGLAS.
- Who are the officers and directors of DALLAS PROMISE PROJECT?
- The 990 for the year ended December 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $209,665 (NAKIA DOUGLAS, President).
- How much revenue does DALLAS PROMISE PROJECT have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $450,708, expenses of $427,704 and total assets of $16,807 at year end.
Other nonprofits in ADDISON
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- PARTNERSHIP WITH NATIVE AMERICANS EIN 47-3730147 · last filed 990 for 2025
- MEETING PROFESSIONALS INTERNATIONAL EIN 23-7256168 · last filed 990 for 2024
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All nonprofits in ADDISON · Texas · Public and societal benefit