THE PITTSBURGH PROMISE FOUNDATION (EIN 261982661) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

SALEEM GHUBRIL

Phone

4122817605

Tax Period

2024-07-01 to 2025-06-30

THE PITTSBURGH PROMISE FOUNDATION, founded in 2007, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $7.4M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $12.1M exceeded revenue, resulting in a 63% operating deficit.

Mission

**SEE SCHEDULE O**THE PITTSBURGH PROMISE PROMOTES HIGH EDUCATIONAL ASPIRATIONS AMONG URBAN YOUTH, FUNDS SCHOLARSHIPS FOR POST-SECONDARY ACCESS, AND FUELS A PREPARED AND DIVERSE REGIONAL WORKFORCE.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,510,321

Program Service Revenue $0

Investment Income $3,927,649

Other Revenue $0

TOTAL REVENUE $7,437,970

Expense Breakdown

Grants Paid $7,802,800

Salaries & Benefits $2,916,132

Fundraising Expenses $1,104,329

Program Expenses $10,621,507

Other Expenses $1,415,293

TOTAL EXPENSES $12,134,225

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,437,970	$6,272,260	+0.2%
Expenses	$12,134,225	$11,570,982	+0.0%
Net Income	$-4,696,255	$-5,298,722	-0.1%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

166

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

$1,064,413

Total Directors

$825,710

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELISABETH SCHROEDER	DIRECTOR	1.00	Officer Director	$0	$72,441	$720,300
ANNE LEWIS	CHAIR	1.00	Officer Director	$0	$0	$0
JAMES E TAYLOR	VICE CHAIR	1.00	Officer Director	$0	$0	$0
KIYA TOMLIN	TREASURER	1.00	Officer Director	$0	$0	$0
DEBRA KLINE DEMCHAK	SECRETARY	1.00	Officer Director	$0	$0	$0
CHESTER R BABST III	DIRECTOR	1.00	Director	$0	$0	$0
LAURIE BARKMAN	DIRECTOR	1.00	Director	$0	$0	$0
ERIC BOUGHNER	DIRECTOR	1.00	Director	$0	$0	$0
JOSHUA DEVINE	DIRECTOR	1.00	Director	$0	$22,992	$105,410
PATRICK DUGAN	DIRECTOR	1.00	Director	$0	$0	$0
MALESIA DUNN	DIRECTOR	1.00	Director	$0	$0	$0
DWAYNE FINNEY	DIRECTOR	1.00	Director	$0	$0	$0
DANA HARRIS	DIRECTOR	1.00	Director	$0	$0	$0
JOHN HATHAWAY	DIRECTOR	1.00	Director	$0	$0	$0
KIRK JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS LANG	DIRECTOR	1.00	Director	$0	$0	$0
MARK LASKOW	DIRECTOR	1.00	Director	$0	$0	$0
VIC LAURENZA	DIRECTOR	1.00	Director	$0	$0	$0
JACKIE PERLOW	DIRECTOR	1.00	Director	$0	$0	$0
BLAKE RUTTENBERG	DIRECTOR	1.00	Director	$0	$0	$0
DAVID SCHAICH	DIRECTOR	1.00	Director	$0	$0	$0
JAMES SPENCER	DIRECTOR	1.00	Director	$0	$0	$0
VANESSA THOMPSON	DIRECTOR	1.00	Director	$0	$0	$0
LISA WITTE	DIRECTOR	1.00	Director	$0	$0	$0
ED GAINEY	EX-OFFICIO	1.00	Director	$0	$0	$0
WAYNE N WALTERS	EX-OFFICIO	1.00	Director	$0	$0	$0
SALEEM GHUBRIL	PRESIDENT	40.00	Officer	$299,631	$44,482	$344,113
AMY YEARWOOD	DIRECTOR, COLLEGE & CAREER SUCCESS	40.00	Highest	$115,117	$20,066	$135,183

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	$7,437,970	$12,134,225	$55,895,243	$-4,696,255
2024	$6,272,260	$11,570,982	$59,110,555	$-5,298,722
2023	$10,120,509	$12,264,455	$61,809,062	$-2,143,946
2022	$15,082,951	$11,513,190	$59,585,111	$3,569,761
2021	$8,011,763	$12,579,854	$66,594,047	$-4,568,091
2020	$12,741,686	$14,451,914	$63,813,527	$-1,710,228
2019	$10,120,091	$16,743,631	$65,579,726	$-6,623,540
2018	$11,765,083	$20,166,340	$71,851,357	$-8,401,257

THE PITTSBURGH PROMISE FOUNDATION