CharterLookup

Promise Academy

Memphis, TN · Shelby County · PK-05

Authorized by MEMPHIS-SHELBY COUNTY SCHOOLS

City
Status
open
NCES ID
470014802085
Opened
Closed
Latest enrollment
266(2023-2024)
Address
1346 Bryan ST, Memphis 38108
Student–teacher ratio
19:1(14 FTE, 2023-2024)

Contact

Phone
(901)324-4456
Website
promiseacademy.com

Student demographics

2023-2024 · NCES CCD
Black88%
Hispanic / Latino10%
White2%
English Learners7%

Students classified as English Learners (EDFacts FS141, as of 2021-2022 — most recent NCES release).

Source: NCES Common Core of Data 2023-24 School Membership + Lunch Program files. Percentages may not sum to exactly 100 due to rounding and non-reporting cells.

Charter history

No charter actions on file for this school yet.

Discussion

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Enrollment trend

  • 2023-2024
    266
    CCD
  • 2022-2023
    304
    CCD
  • 2021-2022
    291
    CCD
  • 2020-2021
    320
    CCD

Organization & finances

IRS EIN
201608155
501(c)(3) since
2005
Fiscal yearRevenueExpensesAssets (EOY)Exec comp
2022$6.4M$5.7M$7.4M$138K
2021$5.1M$4.5M$3.5M$255K
2020$4.9M$4.9M$3.1M$230K

"Exec comp" is aggregate compensation for all current officers, directors, and trustees from the org's most-recent Form 990. Per-officer breakdowns are in the linked 990 PDFs. Source: ProPublica Nonprofit Explorer (IRS Form 990 data).

Top-paid leadership (FY 2024)

NameTitleHours/wkTotal comp
PATRICK WASHINGTONEXECUTIVE DIRECTOR40$168K
KIASI MALONECHIEF OF ACCOUNTABILITY40$152K
WILLIE RICHARDSONCHIEF OF TECHNOLOGY40$101K

Total compensation = base + bonus from this nonprofit + comp from related orgs + estimated other (retirement, benefits, deferred). Source: IRS Form 990 Part VII Section A.

Board of directors

  • DIANA BURTONBOARD MEMBER
  • JOHNNY MOOREBOARD MEMBER
  • COLENZO HUBBARDBOARD MEMBER
  • EMILY WOODSIDEBOARD MEMBER
  • CHARLES GERBERPRESIDENT & CHAIRMAN
  • PATRICIA EMORY-WALKERBOARD MEMBER
  • TERESA HANDYBOARD MEMBER
  • MARY CORNPROPSTBOARD MEMBER
  • CAROL RUSSELLBOARD MEMBER
  • GRADY GARRISONSECRETARY
  • STEPHANIE CHITTOMTREASURER

Sources & references

Complaints

Formal complaint records, where public, will appear here.