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LA Promise Fund

Public charityFed auditsIRS 990990-T FY2023
DBA: % VERONICA MELVIN
Other · LOS ANGELES, CA · EIN 20-4562686

About

To improve academic achievement as well as college and career access and success forstudents in the russell westbrook WHY not? Academy, slate-z, and beyond.

In care of Veronica Melvin

Donations are tax-deductible
Category
Other
Employees
144
Volunteers
90

Financial Snapshot

FY ending 2024-06-30
Revenue
$19.5M
Expenses
$15.9M
Assets
$49.9M
Liabilities
$40.4M

Financial history

$19.5M$9.8M$0
161718192021222324
RevenueExpenses
Latest FY2024: $19.5M · Avg: $10.7M

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$517K
LA PROMISE FUND
Your actions

Address

1933 S Broadway STE 1108
LOS Angeles, CA, 90007-466

Governance

Voting board members22
Independent members22
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Board approved compYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.