URBANPROMISE WILMINGTON INC

EIN: 208156160 501(c)(3) Education

WILMINGTON, DE

Total Revenue
$3,097,385
Total Expenses
$2,928,089
Total Assets
$3,586,328
Net Assets
$3,219,708
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
DE
Principal Officer
JAMES RUSSELL
Phone
3024255502
Tax Period
2024-07-01 to 2025-06-30

URBANPROMISE WILMINGTON INC, founded in 1998, is a community nonprofit in the Education sector that reported $3.1M in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $2.9M left a modest 5% surplus.

Mission

TO TEACH CHILDREN AND YOUNG ADULTS THE SKILLS NECESSARY FOR SPIRITUAL GROWTH, ACADEMIC ACHIEVEMENT, LIFE MANAGEMENT AND LEADERSHIP.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,927,096
Program Service Revenue $193,700
Investment Income $49,187
Other Revenue $-72,598
TOTAL REVENUE $3,097,385

Expense Breakdown

Grants Paid $2,684
Salaries & Benefits $2,147,181
Fundraising Expenses $203,906
Program Expenses $2,339,152
Other Expenses $778,224
TOTAL EXPENSES $2,928,089

Year-over-Year Comparison

2024 2023 Change
Revenue $3,097,385 $2,380,392 +0.3%
Expenses $2,928,089 $2,791,658 +0.0%
Net Income $169,296 $-411,266 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
14
Independent Members
14
Employees
111
Volunteers
215

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREW ABRAHAM DIRECTOR 2.00
Director
$0 $0 $0
ABIY AGIRO DIRECTOR 2.00
Director
$0 $0 $0
ANNA ALINDA DIRECTOR 2.00
Director
$0 $0 $0
BLAIR ALTHOUSE DIRECTOR (CHAIR) 2.00
Officer Director
$0 $0 $0
DR BARTON DIRECTOR 2.00
Director
$0 $0 $0
MATTHEW HOEY DIRECTOR 2.00
Director
$0 $0 $0
NORMA LEE DIRECTOR (TREASURER) 2.00
Officer Director
$0 $0 $0
KYLE MCDUFFIE DIRECTOR 2.00
Director
$0 $0 $0
MARY MIRABEAU DIRECTOR 2.00
Director
$0 $0 $0
GIOVANNI PAREDES DIRECTOR 2.00
Director
$0 $0 $0
BETH TRUAX DIRECTOR (SECRETARY) 2.00
Officer Director
$0 $0 $0
JAMES WHITELY II DIRECTOR 2.00
Director
$0 $0 $0
KATHERINE YURIK DIRECTOR 2.00
Director
$0 $0 $0
MIKE YURIK DIRECTOR 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $3,097,385 $2,928,089 $3,586,328 $169,296
2024 $2,380,392 $2,791,658 $3,571,568 $-411,266
2023 $2,750,900 $2,920,053 $3,730,471 $-169,153
2022 $2,705,321 $2,543,399 $3,635,289 $161,922
2021 $2,630,559 $1,803,027 $3,417,354 $827,532
2020 $2,453,836 $1,876,473 $2,881,681 $577,363
2019 $1,989,291 $1,903,704 $2,017,097 $85,587
2018 $1,868,634 $1,695,742 $1,929,740 $172,892
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