CHILDREN OF PROMISE INC

EIN: 364490602 501(c)(3) Human Services

ANDERSON, IN

Total Revenue
$2,664,371
Total Expenses
$2,697,695
Total Assets
$1,189,763
Net Assets
$993,370
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
IN
Phone
7656482190
Tax Period
2024-07-01 to 2025-06-30

CHILDREN OF PROMISE INC, founded in 2002, is a community nonprofit in the Human Services sector that reported $2.7M in total revenue in fiscal year 2024.

Mission

Children of Promise provides nutrition education and health care for children in need in developing nations.

Program Service Accomplishments

Program 1
Expenses: $2,171,424 Revenue: $0

Children of Promise provides nutrition education and healthcare for children in need in developing nations. Food assistance is provided in the form of staple goods each month or a hot cooked meal at...

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Children of Promise provides nutrition education and healthcare for children in need in developing nations. Food assistance is provided in the form of staple goods each month or a hot cooked meal at school. School assistance may include provision of school fees uniforms school supplies and books. Health care may include inoculations doctors visits hygiene items medical treatment or dental care. Approximately 4700 children spanning 34 countries have been provided with care during the fiscal year ending June 30 2025. New programs in Democratic Republic of the Congo and El Salvador were opened during this fiscal year. Programs in Pakistan and Egypt were closed during this fiscal year.

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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 $2,630,115
Program Service Revenue $0
Investment Income $34,256
Other Revenue $0
TOTAL REVENUE $2,664,371

Expense Breakdown

Grants Paid $1,663,793
Salaries & Benefits $582,802
Fundraising Expenses $233,744
Program Expenses $2,171,424
Other Expenses $451,100
TOTAL EXPENSES $2,697,695

Year-over-Year Comparison

2024 2023 Change
Revenue $2,664,371 $2,627,601 +0.0%
Expenses $2,697,695 $2,538,597 +0.1%
Net Income $-33,324 $89,004 -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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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
8
Volunteers
8

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
$0
Total Directors
12
$103,984
Key Employees
2
$103,984
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Chris Britton Chairperson Director 0.50
Officer Director
$0 $0 $0
Melanie Musser Vice Chairperson Director 0.25
Officer Director
$0 $0 $0
John Zerkle Secretary and Director 0.25
Officer Director
$0 $0 $0
Alexandra Sheward Treasurer and Director 0.25
Officer Director
$0 $0 $0
Carron Odokara Director 0.25
Director
$0 $0 $0
Ali Robinson Director 0.25
Director
$0 $0 $0
Rochelle Clasen Director 0.25
Director
$0 $0 $0
Leroy Quashie Director 0.25
Director
$0 $0 $0
Alexandra Weeks Director 0.25
Director
$0 $0 $0
Malcom Tyree Director 0.25
Director
$0 $0 $0
Michael Webb Executive Director 30.00
Director Key Emp
$53,296 $0 $53,296
Heather Webb Executive Director 30.00
Director Key Emp
$50,688 $0 $50,688
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 $2,664,371 $2,697,695 $1,189,763 $-33,324
2025 $2,664,371 $2,697,695 $1,189,763 $-33,324
2024 $2,627,601 $2,538,597 $1,259,624 $89,004
2023 $2,443,727 $2,399,260 $1,106,232 $44,467
2022 $2,269,404 $2,348,645 $908,772 $-79,241
2021 $2,447,797 $2,059,103 $1,048,429 $388,694
2020 $2,335,921 $2,160,862 $742,881 $175,059
2019 $2,116,172 $2,118,959 $475,395 $-2,787
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