Promise of Democracy Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The Promise of Democracy Foundation's (PDF) mission is to improve the quality of life in African American and underserved communities, by promoting democratic values, voting rights and electoral participation, through non-partisan voter registration/education, participation in policy forums, and the promotion of literary and cultural arts.
- Income
- $113,125
- Spending
- $96,998
- Reserves
- 1.1 months of spending
- Largest source of income
- donations and private grants, 100%
- Highest pay
- $22,125, president
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 50 out of 100. Higher than 21% of charities in its peer group (public benefit, under $250k).
Reserves
10 of 35Spendable reserves would cover 1.1 months of spending.
Debt
10 of 20It owes 48% of what it owns.
Living within its means
15 of 15Income exceeded spending by 14% of income.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $37,895 spent. Black Voters Matter Capacity Building Institute. The purpose of this program was to serve as fiscal sponsor for the Ohio Voter Fund in building its organizational capacity to conduct training and implementation of non-partisan voter engagement programs including predictive dialer phone banking, door to door canvassing operations, non-partisan voter education literature distribution, and coordination of Early Vote bus tours and other Get Out the Vote activities.
- $21,215 spent. Ohio Voice. Provided support for Promise of Democracy and Ohio Voter Fund's organizational operations in implementing non-partisan community based voter education and get out the vote training and neighborhood canvassing operations in Cuyahoga county. This program continues into 2025.
- $27,000 spent. NEO Philanthropy; Healthy Democracy Healthy People. Implementation of a civic engagement pilot program to recruit, and train Community Health Workers to carry out non-partisan voter registration and education programs within their agencies and among their clients and surrounding community.
- $10,000 spent. Cleveland Votes. Provided support for Promise of Democracy and Ohio Voter Fund's organization's operations in implementing their Equitable Democracy grant program through non-partisan community-based programs including voter registration, voter education and awareness programs.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on May 15, 2012 for not filing returns for three years, and reinstated on May 15, 2012.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 2014.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.