PENCILS OF PROMISE INCORPORATED

EIN: 263618722 501(c)(3) International Affairs

NEW YORK, NY

Total Revenue
$3,470,681
Total Expenses
$3,887,849
Total Assets
$1,819,029
Net Assets
$1,783,928
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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
CT
Principal Officer
KAILEE SCALES
Phone
2127773170
Tax Period
2023-01-01 to 2023-12-31

PENCILS OF PROMISE INCORPORATED, founded in 2008, is a community nonprofit in the International Affairs sector that reported $3.5M in total revenue in fiscal year 2023. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $3.9M exceeded revenue, resulting in a 12% operating deficit.

Mission

WE BELIEVE EVERY CHILD DESERVES ACCESS TO QUALITY EDUCATION. WE CREATE SCHOOLS, PROGRAMS, AND GLOBAL COMMUNITIES AROUND THE COMMON GOAL OF EDUCATION FOR ALL. WE ACCOMPLISH THESE ACTIVITIES BY DEDICATING SIGNIFICANT AMOUNTS OF TIME, LABOR, AND EFFORT TO RAISING MONEY IN THE U.S. THROUGH YOUTH AND PROFESSIONAL ENGAGEMENT PROGRAMS AND SPECIAL EVENTS. THROUGH THE YOUTH AND PROFESSIONAL ENGAGEMENT PROGRAMS AND SPECIAL EVENTS. THE FUNDS RAISED ALLOW US TO INCREASE OUR DOMESTIC AND INTERNATIONAL REACH AND IMPACT. AT THE CONCLUSION OF 2021, WE HAVE BROKEN GROUND ON 585 SCHOOLS AROUND THE WORLD. OUR SCHOOLS ARE OPEN TO STUDENTS IN EACH COUNTRY AND THE STAGES OF PLANNING AND CONSTRUCTION ARE UNDERWAY IN SEVERAL NEW COMMUNITIES ACROSS GHANA, GUATEMALA, AND LAOS.

Program Service Accomplishments

Program 1
Expenses: $1,782,292

THE FIRST OF OUR CORE PROGRAMS ARE SCHOOL BUILDS. WE PARTNER WITH LOCAL COMMUNITIES AND GOVERNMENTS TO IMPROVE THE STATE OF EDUCATION INFRASTRUCTURE IN COMMUNITIES. OUR SHORT-TERM GOALS ARE TO...

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THE FIRST OF OUR CORE PROGRAMS ARE SCHOOL BUILDS. WE PARTNER WITH LOCAL COMMUNITIES AND GOVERNMENTS TO IMPROVE THE STATE OF EDUCATION INFRASTRUCTURE IN COMMUNITIES. OUR SHORT-TERM GOALS ARE TO ADDRESS THE NEED FOR AN IMPROVED INFRASTRUCTURE WITHOUT LONG-TERM GOALS BEING TO IMPROVE STUDENT ATTENDANCE, PROGRESSION, AND TEST SCORES. THE BENEFICIARIES OF OUR SCHOOL BUILDING PROGRAM ARE PRIMARY SCHOOL STUDENTS CURRENTLY ATTENDING SCHOOL IN POOR-QUALITY STRUCTURES AND PRIMARY SCHOOL TEACHERS CURRENTLY TEACHING IN POOR-QUALITY STRUCTURES. THROUGH THE END OF 2021, WE HAVE BROKEN GROUND ON A TOTAL OF 585 SCHOOLS ACROSS OUR GEOGRAPHIES.

Program 2
Expenses: $682,569

OUR SECOND CORE PROGRAM IS TEACHER SUPPORT. WE SUPPORT TEACHER DEVELOPMENT THROUGH IN-SERVICE AND WORKSHOP TRAINING SESSIONS. OUR STAFF MEMBERS VISIT GOVERNMENT TEACHERS IN OUR COMMUNITIES TWICE PER...

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OUR SECOND CORE PROGRAM IS TEACHER SUPPORT. WE SUPPORT TEACHER DEVELOPMENT THROUGH IN-SERVICE AND WORKSHOP TRAINING SESSIONS. OUR STAFF MEMBERS VISIT GOVERNMENT TEACHERS IN OUR COMMUNITIES TWICE PER MONTH TO AID IN LESSON PLANNING, METHODOLOGY TRAINING, AND RAPPORT-BUILDING WITH STUDENTS. TEACHERS ATTEND WORKSHOPS FOR GROUP TRAINING AND NETWORK BUILDING. WE USE A METHODOLOGY OF TEACHING THAT FOCUSES ON THE ENGAGEMENT OF THE STUDENT BECAUSE MORE ENGAGED STUDENTS PERFORM AT A HIGHER LEVEL. THE SHORT-TERM GOALS OF OUR TEACHER SUPPORT PROGRAMS ARE: TO IMPROVE LESSON PLANNING BY ASSISTING TEACHERS IN THE CREATION AND USE OF LESSON PLANS; TO BUILD RAPPORT WITH STUDENTS BY ENCOURAGING TEACHERS TO ADOPT OUR INTERACTIVE METHODOLOGY TO BETTER ENGAGE STUDENTS; TO SUPPORT A PEER NETWORK OF TEACHERS THROUGH TEACHER TRAINING WORKSHOPS, AND TO PROVIDE CLASSROOMS WITH TEACHING AND LEARNING MATERIALS. OUR LONG-TERM GOAL IS TO INCREASE PRIMARY STUDENT SCORES IN LITERACY ACROSS ALL OUR GEOGRAPHIES. THE MAIN BENEFICIARIES OF OUR TEACHER SUPPORT PROGRAM ARE THE TEACHERS AND STUDENTS IN OUR SCHOOLS AND COMMUNITIES. THROUGH 2021, WE HAVE SUPPORTED 2,585 TEACHERS ACROSS LAOS, GUATEMALA, AND GHANA.

Program 3
Expenses: $366,607

OUR THIRD CORE PROGRAM IS OUR WASH PROGRAM. WASH IS AN INTERNATIONALLY RECOGNIZED AND UTILIZED PROGRAM THAT IS DESIGNED TO PROVIDE ACCESS TO AND KNOWLEDGE ABOUT WATER, SANITATION, AND HYGIENE (WASH)...

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OUR THIRD CORE PROGRAM IS OUR WASH PROGRAM. WASH IS AN INTERNATIONALLY RECOGNIZED AND UTILIZED PROGRAM THAT IS DESIGNED TO PROVIDE ACCESS TO AND KNOWLEDGE ABOUT WATER, SANITATION, AND HYGIENE (WASH). UNICEF ADOPTED WASH IN 2005 AS THEIR PRIMARY INTERVENTION TO TACKLE HYGIENE NEEDS IN THE DEVELOPING WORLD; POP BEGAN WASH PRACTICES IN 2010 IN LAOS AND HAS SINCE EXPANDED TO GUATEMALA AND GHANA. IN CARRYING OUT THIS PROGRAM, WE BUILD STUDENT AND TEACHER SANITATION FACILITIES (HAND WASHING STATIONS AND BATHROOMS) IN CONJUNCTION WITH CLASSROOM BUILDS. IN ADDITION, OUR STAFF MEMBERS VISIT CLASSES TWICE PER MONTH DURING THE SCHOOL YEAR TO TEACH LESSONS RELATED TO WATER, SANITATION, AND HYGIENE. THE PRIMARY GOALS OF THIS PROGRAM ARE TO BUILD AND PROVIDE ACCESS TO QUALITY TOILETS, POTABLE WATER, AND HAND-WASHING STATIONS IN CONJUNCTION WITH POP SCHOOLS LACKING SUCH INFRASTRUCTURE. ADDITIONALLY, WE AIM TO INCREASE PROPER HYGIENIC AND SANITARY BEHAVIOR IN PRIMARY STUDENTS. THROUGH 2021, WE HAVE SUPPORTED 169 SCHOOLS WITH WASH PROGRAMMING.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,833,497
Program Service Revenue $0
Investment Income $0
Other Revenue $-362,816
TOTAL REVENUE $3,470,681

Expense Breakdown

Grants Paid $5,121
Salaries & Benefits $1,847,997
Fundraising Expenses $362,713
Program Expenses $3,191,568
Other Expenses $2,034,731
TOTAL EXPENSES $3,887,849

Year-over-Year Comparison

2023 2022 Change
Revenue $3,470,681 $5,416,234 -0.4%
Expenses $3,887,849 $5,829,396 -0.3%
Net Income $-417,168 $-413,162 +0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
9
Employees
15
Volunteers
9

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
4
$310,894
Total Directors
10
$29,056
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADAM BRAUN CHAIR 1.00
Officer Director
$0 $0 $0
ROBERT HAMWEE TREASURER 1.00
Officer Director
$0 $0 $0
JASON HODES MEMBER 1.00
Director
$0 $0 $0
COURTNEY BEALE MEMBER 1.00
Director
$0 $0 $0
GABRIEL BOURGEOIS MEMBER 1.00
Director
$0 $0 $0
PHITSAMAY S UY MEMBER 1.00
Director
$0 $0 $0
ASTRID WOMBLE MEMBER 1.00
Director
$0 $0 $0
GARY VAYNERCHUK MEMBER 1.00
Director
$0 $0 $0
TAMMY FARLEY MEMBER 1.00
Director
$0 $0 $0
LESLIE ENGLE YOUNG SECRETARY/CHIEF OPERATING OFFICER 50.00
Officer Director
$28,188 $868 $29,056
KAILEE SCALES CHIEF EXECUTIVE OFFICER 50.00
Officer
$256,685 $25,153 $281,838
JULIE BAKER CHIEF DEVELOPMENT OFFICER 50.00
Highest
$116,492 $9,043 $125,535
BRAD WISDOM CHIEF GLOBAL ADVANCEMENT OFFICER 50.00
Highest
$109,163 $9,043 $118,206
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
2024 No data No data No data No data
2023 $3,470,681 $3,887,849 $1,819,029 $-417,168
2022 $5,416,234 $5,829,396 $2,347,880 $-413,162
2021 $5,028,626 $6,811,563 $2,961,527 $-1,782,937
2020 $5,352,983 $5,438,761 $4,634,038 $-85,778
2019 $6,611,589 $7,025,360 $4,814,362 $-413,771
2018 $6,681,995 $8,469,794 $5,309,032 $-1,787,799
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