Promise Pathways Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO ACCELERATE EMPLOYMENT, WELLNESS, AND WEALTH-BUILDING OUTCOMES FOR ALL AMERICANS, THROUGH HIGH IMPACT, EVIDENCE-BASED INTERVENTIONS. WE LEVERAGE INNOVATIVE COLLEGE, CAREER, COMMUNITY, AND WELLNESS PRACTICES, USING HIGH-IMPACT, EVIDENCE-BASED, AND PROMISING APPROACHES TO HELP INDIVIDUALS OF ALL AGES ACHIEVE THEIR FULL POTENTIAL.
- Income
- $1.0 million
- Spending
- $1.3 million
- Spent on programs
- 98%
- Reserves
- 2.9 months of spending
- Largest source of income
- fees for its services, 99%
- Employees
- 41
- Volunteers
- 0
- Highest pay
- $35,156, interim ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 42 out of 100. Higher than 17% of charities in its peer group (education, $1m to $10m).
Reserves
10 of 35Spendable reserves would cover 2.9 months of spending.
Debt
2 of 20It owes 94% of what it owns.
Living within its means
0 of 15Spending exceeded income by 24% of income.
Income trend
15 of 15Income rose 2124% on the year before.
Spending floor
15 of 1598% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 73 out of 100. Higher than 29% of charities in its peer group (education, $1m to $10m).
Independent board
18 of 253 of 3 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 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 (2)
- $884,358 spent. US FAMILY HEALTH PLAN (USFHP) - PROMISE PATHWAYS HAS PARTNERED WITH BMI (BRIGHTON MARINE INC.) UNDER A FISCAL SPONSORSHIP AGREEMENT TO OPERATE THE US FAMILY HEALTH PLAN PURSUANT TO A CONTRACT WITH THE DEFENSE HEALTH AGENCY (DHA) TO PROVIDE MILITARY AND VETERAN FAMILIES WITH QUALITY HEALTH CARE.
- $370,312 spent. THE ORGANIZATION AIMS TO BUILD ON AND CONTRIBUTE TO AN EVIDENCE BASE OF BEST-IN-CLASS COLLEGE, CAREER, AND COMMUNITY STRATEGIES THROUGH PROGRAMS SUCH AS THE LEADERSHIP INSTITUTE, CAREER PATHWAYS CENTER, AND INNOVATION LAB. THROUGH THE LEADERSHIP INSTITUTE, THE ORGANIZATION WILLOFFER STATE-OF-THE-ART INTERACTIVE TRAINING AND CAREER COUNSELING PROGRAMS. THE CAREER PATHWAYS CENTER WILL DRAW FROM AND ADD TO THE CRADLE-THROUGH-CAREER RESEARCH BASE AND IDENTIFY THE BEST AVAILABLE EVIDENCE TO GUIDE DECISION-MAKING AND PROGRAM DESIGN. THE INNOVATION LAB FOCUSES ON A GROUP OF RELATIVELY SELF-CONTAINED TARGETED CAPITAL INVESTMENT OR TECHNICAL ASSISTANCE PROJECTS.
Source: Form 990 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? Passed.
Not on the IRS automatic revocation list.
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 March 2023.
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.