THE UNIT PROMISE

EIN: 371711800 501(c)(3) Recreation & Sports

Charlotte, NC

Total Revenue
$393,325
Total Expenses
$387,450
Total Assets
$5,875
Net Assets
$5,875
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
NC
Principal Officer
Marcus Hutchins
Phone
7168189549
Tax Period
2024-09-01 to 2025-08-31

THE UNIT PROMISE, founded in 2013, is a small nonprofit in the Recreation & Sports sector that reported $393K in total revenue in fiscal year 2024. Revenue surged 313% from the prior year, signaling strong growth momentum.

Mission

Our mission is to provide humanitarian aide wherever needed, as well as advocate and support the underserved, veterans, refugees, and the native populations. Using targeted initiatives and sustainable solutions our goal is to build resilience and equity in our communities.

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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 $277,675
Program Service Revenue $115,650
Investment Income $0
Other Revenue $0
TOTAL REVENUE $393,325

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $387,450
Other Expenses $387,450
TOTAL EXPENSES $387,450

Year-over-Year Comparison

2024 2023 Change
Revenue $393,325 $95,200 +3.1%
Expenses $387,450 $109,800 +2.5%
Net Income $5,875 $-14,600 -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

Financial Distress Indicator

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
5
Independent Members
2
Employees
N/A
Volunteers
125

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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Marcus Hutchins CEO 20
Officer
$0 $0 $0
Dior Jackson Board Chair 5
Officer
$0 $0 $0
Tamara Willis Board Member 5
Officer
$0 $0 $0
Brian Liebel Board Member 5
Officer
$0 $0 $0
Amy Newsome Board Member 5
Officer
$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 $393,325 $387,450 $5,875 $5,875
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