PROMISE INC: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization: PROMISE INC (EIN 90-0520600)
Tax period: 2016-01-01 to 2016-12-31
Filed: 2017-11-14
IRS object ID: 201713189349301046
Schema version: 2016v3.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule G
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2017-11-14T07:26:10-06:00	ReturnTs
Tax Period End	2016-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	721396621	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CARR RIGGS & INGRAM LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	215 BAYTREE DRIVE	AddressLine1Txt
City	MELBOURNE	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	329402195	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2016-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	900520600	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	PROMISE INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	PROM	BusinessNameControlTxt
Phone	3215367062	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 120028	AddressLine1Txt
City	WEST MELBOURNE	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	32912	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	BETTINA FARMER	PersonNm
Person Title	EXECUTIVE DIRECTOR	PersonTitleTxt
Phone	3217227400	PhoneNum
Signature	2017-11-13	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	BARBARA J OSWALT CPA	PreparerPersonNm
PTIN	P00124238	PTIN
Phone	3212550088	PhoneNum
Preparation	2017-11-10	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	12.16.54.186	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2017-11-13	IPDt
IP Tm	15:51:46	IPTm
IP Timezone	ES	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	44F92271D91890FDDB11E03ACD5AD4BEC1296767	AtSubmissionCreationDeviceId
At Submission Filing Device Id	F50BC8D0E391728C4F1EB46004F67724879D7C8D	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2016	TaxYr
Build TS	2017-02-10 21:41:12Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	BETTINA FARMER	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1490 DOWD COURT SE	AddressLine1Txt
City	PALM BAY	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	32909	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$1,702,645	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.PROMISEINBREVARD.COM	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2009	FormationYr
Legal Domicile State	FL	LegalDomicileStateCd
Activity Or Mission	PROMISE, INC. WAS ESTABLISHED TO DEVELOP HOUSING & OTHER SERVICES FOR INDIVIDUALS WITH DISABILITIES.	ActivityOrMissionDesc
Voting Members Governing Body	16	VotingMembersGoverningBodyCnt
Voting Members Independent	15	VotingMembersIndependentCnt
Total Employee	37	TotalEmployeeCnt
Total Volunteers	173	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$520,781	PYContributionsGrantsAmt
CY Contributions Grants	$849,486	CYContributionsGrantsAmt
PY Program Service Revenue	$331,751	PYProgramServiceRevenueAmt
CY Program Service Revenue	$385,730	CYProgramServiceRevenueAmt
PY Investment Income	$148	PYInvestmentIncomeAmt
CY Investment Income	-$69,583	CYInvestmentIncomeAmt
PY Other Revenue	$54,619	PYOtherRevenueAmt
CY Other Revenue	$293,289	CYOtherRevenueAmt
PY Total Revenue	$907,299	PYTotalRevenueAmt
CY Total Revenue	$1,458,922	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$381,840	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$536,603	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$264,491	PYOtherExpensesAmt
CY Other Expenses	$354,485	CYOtherExpensesAmt
PY Total Expenses	$646,331	PYTotalExpensesAmt
CY Total Expenses	$891,088	CYTotalExpensesAmt
PY Revenues Less Expenses	$260,968	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$567,834	CYRevenuesLessExpensesAmt
Total Assets BOY	$2,972,644	TotalAssetsBOYAmt
Total Assets EOY	$2,350,767	TotalAssetsEOYAmt
Total Liabilities BOY	$2,493,177	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$1,303,466	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$479,467	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$1,047,301	NetAssetsOrFundBalancesEOYAmt
Mission	TO PROVIDE A MUCH NEEDED HOUSING OPTION FOR YOUNG ADULTS WITH SPECIAL NEEDS THAT INCLUDES VOCATIONAL TRAINING, EMPLOYMENT, HEALTH, WELLNESS AND FITNESS, AS WELL AS DEVELOP PUBLIC/PRIVATE PARTNERSHIPS THAT WILL HELP MINIMIZE THE NEED FOR STATE FUNDING.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$734,842	ExpenseAmt
Desc	1. PROVIDED VOCATIONAL TRAINING TO OVER 65 YOUNG ADULTS WITH SPECIAL NEEDS.2. RECEIVED FUNDING FOR AND BEGAN CONSTRUCTION OF 90,000 SF CAMPUS AND 3 APARTMENT BUILDINGS WITH 1, 2, 3, AND 4 BEDROOM UNITS. A RIBBON CUTTING IS BEING PLANNED FOR EARLY 2018.3. BEGAN CONSTRUCTION OF THE PROMISE CAFE & BAKERY WHICH WILL PROVIDE VOCATIONAL TRAINING AND EMPLOYMENT FOR 40 YOUNG ADULTS WITH SPECIAL NEEDS. CONSTRUCTION COMPLETION PLANNED FOR EARLY 2018.	Desc
Total Program Service Expenses	$734,842	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	0	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	Yes (1)	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	Yes (1)	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	14	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	37	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Form8899 Filedind	0	Form8899Filedind
Form1098 C Filed	0	Form1098CFiledInd
DAF Excess Business Holdings	0	DAFExcessBusinessHoldingsInd
Taxable Distributions	0	TaxableDistributionsInd
Distribution To Donor	0	DistributionToDonorInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	16	GoverningBodyVotingMembersCnt
Independent Voting Member	15	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	0	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	Yes (1)	InvestmentInJointVentureInd
Written Policy Or Procedure	Yes (1)	WrittenPolicyOrProcedureInd
States Where Copy Of Return Is Fld	FL	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BETTINA FARMER	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	3215367062	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1490 DOWD COURT SE	AddressLine1Txt
City	PA LM BAY	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	32909	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd
TERI BRANT
DIRECTOR	2.00	Yes (X)	$0	$0	$0
JAMES R BRESS
DIRECTOR	2.00	Yes (X)	$0	$0	$0
PAMELA M BRESS ESQUIRE
DIRECTOR	2.00	Yes (X)	$0	$0	$0
JIM W BROWN
DIRECTOR	2.00	Yes (X)	$0	$0	$0
CHRIS J CONNEEN
DIRECTOR	2.00	Yes (X)	$0	$0	$0
EDWARD J KINBERG
DIRECTOR	2.00	Yes (X)	$0	$0	$0
DENNIS K ROHNE
DIRECTOR	2.00	Yes (X)	$0	$0	$0
MAYOR HAL J ROSE
DIRECTOR	2.00	Yes (X)	$0	$0	$0
FRANK J VEGA
DIRECTOR	2.00	Yes (X)	$0	$0	$0
WAYNE IVEY
DIRECTOR EMERITUS	2.00	Yes (X)	$0	$0	$0
LORI SCOTT
DIRECTOR EMERITUS	2.00	Yes (X)	$0	$0	$0
BETTINA D FARMER
EXECUTIVE DIRECTOR	40.00	Yes (X)	$99,824	$0	$7,886
LORI D NELSON
CHAIR	3.00		$0	$0	$0	Yes (X)
TERRY L LOCKE
VICE CHAIR	3.00		$0	$0	$0	Yes (X)
HAROLD EDWARD RUSTY MELLE
SECRETARY	2.00		$0	$0	$0	Yes (X)
WAYNE COOPER
TREASURER	3.00		$0	$0	$0	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$99,824	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$7,886	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
Fundraising	$7,720	FundraisingAmt
All Other Contributions	$841,766	AllOtherContributionsAmt
Noncash Contributions	$147,018	NoncashContributionsAmt
Total Contributions	$849,486	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
DEVELOPER FEE	236000	$383,385	$383,385
PARTICIPANT FEES	624310	$2,345	$2,345

Field	Value	IRS element (for citing)
Total Program Service Revenue	$385,730	TotalProgramServiceRevenueAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$69,583	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	-$69,583	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$69,583	TotalRevenueColumnAmt
Related Or Exempt Func Income	-$69,583	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$108,752	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$7,720	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$13,580	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$95,172	TotalRevenueColumnAmt
Exclusion	$95,172	ExclusionAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$320,912	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$160,560	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$160,352	TotalRevenueColumnAmt
Related Or Exempt Func Income	$160,352	RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	MISC INCOME	Desc
Business	900099	BusinessCd
Total Revenue Column	$37,765	TotalRevenueColumnAmt
Related Or Exempt Func Income	$37,765	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$37,765	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,458,922	TotalRevenueColumnAmt
Related Or Exempt Func Income	$514,264	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$95,172	ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$99,824	TotalAmt
Program Services	$49,912	ProgramServicesAmt
Management And General	$49,912	ManagementAndGeneralAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$409,782	TotalAmt
Program Services	$375,900	ProgramServicesAmt
Management And General	$33,882	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$26,997	TotalAmt
Program Services	$26,997	ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$15,265	TotalAmt
Management And General	$15,265	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$82,478	TotalAmt
Program Services	$29,309	ProgramServicesAmt
Management And General	$53,169	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$38,910	TotalAmt
Program Services	$38,910	ProgramServicesAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$32,097	TotalAmt
Program Services	$32,097	ProgramServicesAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$96,163	TotalAmt
Program Services	$96,163	ProgramServicesAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$10,498	TotalAmt
Program Services	$10,498	ProgramServicesAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$21	TotalAmt
Program Services	$21	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$11,355	TotalAmt
Program Services	$11,355	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$19,089	TotalAmt
Program Services	$15,071	ProgramServicesAmt
Management And General	$4,018	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt
PROGRAM EXPENSES/SUPPLI	$29,129	$29,129
REPAIR AND MAINTENANCE	$6,828	$6,828
BANK SERVICE CHARGES	$6,187	$6,187
POSTAGE AND DELIVERY	$4,785	$4,785

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,680	TotalAmt
Program Services	$1,680	ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$891,088	TotalAmt
Program Services	$734,842	ProgramServicesAmt
Management And General	$156,246	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$553,458	BOYAmt
EOY	$527,002	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$19,424	BOYAmt
EOY	$20,000	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$6,018	BOYAmt
EOY	$38,014	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$1,216,840	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$22,983	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$1,615,155	BOYAmt
EOY	$1,193,857	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
EOY	$309,365	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
EOY	$262,529	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$778,589	BOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,972,644	BOYAmt
EOY	$2,350,767	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$66,265	BOYAmt
EOY	$183,466	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$54,146	BOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$2,305,266	BOYAmt
EOY	$1,120,000	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$67,500	BOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$2,493,177	BOYAmt
EOY	$1,303,466	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$183,704	BOYAmt
EOY	$644,790	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$295,763	BOYAmt
EOY	$402,511	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$479,467	BOYAmt
EOY	$1,047,301	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,972,644	BOYAmt
EOY	$2,350,767	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$567,834	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	Yes (X)	PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$186,842	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$129,806	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$239,479	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$520,781	CurrentTaxYearMinus1YearAmt
Current Tax Year	$849,486	CurrentTaxYearAmt
Total	$1,926,394	TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$48,151	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$75,074	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$306,201	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$400,426	CurrentTaxYearMinus1YearAmt
Current Tax Year	$623,016	CurrentTaxYearAmt
Total	$1,452,868	TotalAmt

Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	$41,409	CurrentTaxYearMinus3YearsAmt
Total	$41,409	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$234,993	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$246,289	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$545,680	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$921,207	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,472,502	CurrentTaxYearAmt
Total	$3,420,671	TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total509	$3,420,671	PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$234,993	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$246,289	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$545,680	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$921,207	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,472,502	CurrentTaxYearAmt
Total	$3,420,671	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY509	1.00000	PublicSupportCY509Pct
Public Support PY509	1.00000	PublicSupportPY509Pct
Investment Income CY	0.00000	InvestmentIncomeCYPct
Thirty Thr Pct Suprt Tests CY509	Yes (X)	ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,083,546	OtherCostOrOtherBasisAmt
Book Value	$1,083,546	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$3,377	OtherCostOrOtherBasisAmt
Book Value	$3,377	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$30,006	OtherCostOrOtherBasisAmt
Book Value	$30,006	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$99,911	OtherCostOrOtherBasisAmt
Depreciation	$22,983	DepreciationAmt
Book Value	$76,928	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$1,193,857	TotalBookValueLandBuildingsAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$1,619,290	TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts	$146,788	DonatedServicesAndUseFcltsAmt
Other Revenue	$13,580	OtherRevenueAmt
Revenue Not Reported	$160,368	RevenueNotReportedAmt
Revenue Subtotal	$1,458,922	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$1,458,922	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$1,051,456	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$146,788	DonatedServicesUseFcltsAmt
Other Expenses Included	$13,580	OtherExpensesIncludedAmt
Expenses Not Reported	$160,368	ExpensesNotReportedAmt
Expenses Subtotal	$891,088	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$891,088	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART X, LINE 2:	INCOME TAX PROMISE IS A CHARITABLE ORGANIZATION THAT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IT HAS ALSO BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) AND QUALIFIES FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN SECTION 170(B)(1)(A)(VI). PIBM AND PROMISE IN BREVARD DEVELOPMENT, LLC ARE LIMITED LIABILITY COMPANIES THAT ARE DISREGARDED ENTITIES FOR FEDERAL AND STATE INCOME TAX PURPOSES. THEIR ACTIVITIES ARE REPORTED BY PROMISE. THE ORGANIZATION ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CODIFICATION ("FASB ASC") 740, INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING AND DISCLOSURE REQUIREMENTS FOR UNCERTAINTY IN TAX POSITIONS. IT REQUIRES A TWO-STEP APPROACH TO EVALUATE TAX POSITIONS AND DETERMINE IF THEY SHOULD BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE TWO-STEP APPROACH INVOLVES RECOGNIZING ANY TAX POSITIONS THAT ARE "MORE LIKELY THAN NOT" TO OCCUR AND THEN MEASURING THOSE POSITIONS TO DETERMINE IF THEY ARE RECOGNIZABLE IN THE CONSOLIDATED FINANCIAL STATEMENTS. MANAGEMENT REGULARLY REVIEWS AND ANALYZES ALL TAX POSITIONS AND HAS DETERMINED THAT NO UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION HAVE OCCURRED. IN GENERAL, INFORMATION RETURNS ARE SUBJECT TO AUDIT BY GOVERNMENTAL AGENCIES FOR A PERIOD OF THREE YEARS. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATION FOR YEARS PRIOR TO 2013.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	DIRECT FUNDRAISING REVENUES INCLUDED AS A DEDUCTION IN REVENUES $13,580
PART XII, LINE 2D - OTHER ADJUSTMENTS:	DIRECT FUNDRAISING EXPENSES INCLUDED AS A REDUCTION IN EXPENSES $13,580

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	INDIAFEST	Event1Nm
Gross Receipts Event1	$66,204	GrossReceiptsEvent1Amt
Gross Revenue Event1	$66,204	GrossRevenueEvent1Amt
Other Direct Expenses Event1	$7,218	OtherDirectExpensesEvent1Amt
Event2	GRAN FONDO	Event2Nm
Gross Receipts Event2	$17,917	GrossReceiptsEvent2Amt
Gross Revenue Event2	$17,917	GrossRevenueEvent2Amt
Other Direct Expenses Event2	$1,430	OtherDirectExpensesEvent2Amt
Other Events Total	4	OtherEventsTotalCnt
Gross Receipts Other Events	$32,351	GrossReceiptsOtherEventsAmt
Charitable Contri Other Events	$7,720	CharitableContriOtherEventsAmt
Gross Revenue Other Events	$24,631	GrossRevenueOtherEventsAmt
Oth Direct Expnss Other Events	$4,932	OthDirectExpnssOtherEventsAmt
Gross Receipts Total	$116,472	GrossReceiptsTotalAmt
Charitable Contributions Tot	$7,720	CharitableContributionsTotAmt
Gross Revenue Total Events	$108,752	GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events	$13,580	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$13,580	DirectExpenseSummaryEventsAmt
Net Income Summary	$95,172	NetIncomeSummaryAmt

Schedule M IRS990ScheduleM

Clothing And Household Goods ClothingAndHouseholdGoodsGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Noncash Contributions Rpt F990	$147,018	NoncashContributionsRptF990Amt
Method Of Determining Revenues	THRIFT STORE VALUE	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	0	ReviewProcessUnusualNCGiftsInd
Third Parties Used	0	ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11B	ORGANIZATION'S PROCESS TO REVIEW FORM 990: EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY MEET TO REVIEW THE ORGANIZATION'S TAX RETURN BEFORE FINAL FILING WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12C	ENFORCEMENT OF CONFLICTS POLICY: IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE THE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION.
FORM 990, PART VI, SECTION B, LINE 15A	COMPENSATION PROCESS FOR TOP OFFICIAL: A VOTING MEMBER OF THE GOVERNING BOARD WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY, FROM THE ORGANIZATION FOR SERVICES IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THE MEMBER'S COMPENSATION. THE ORGANIZATION SHALL DO PERIODIC REVIEWS TO DETERMINE COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING.
FORM 990, PART VI, SECTION C, LINE 19	GOVERNING DOCUMENTS DISCLOSURE EXPLANATION: THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC BY ACCESSING THE ORGANIZATION'S WEBSITE, SELECTING THE 'CONTACT' TAB AND REQUESTING DOCUMENTS THROUGH EMAIL.