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Nonprofit · EIN 46-5392334

PRINCESS PROMISE INC

Tax-exempt · MCKINNEY, TX 75070

Financials

$315K$363K2023$347K$339K2024
Revenue Expenses · by fiscal year end
Financials of PRINCESS PROMISE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$347,092$339,178$7,914$291,316$0$291,316
December 31, 2023990$314,948$363,260-$48,312$285,834$2,432$283,402
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$339,422
Program service revenue
$0
Investment income
$144
Net income from fundraising events
$7,526
Other revenue
$7,526

Expenses

Grants and similar amounts paid
$1,411
Compensation of officers, directors and key employees
$30,000
Other salaries and wages
$42,287
Salaries, compensation and benefits (total)
$77,816
Professional fundraising fees
$3,500
Accounting fees
$4,081
Occupancy
$18,876
Travel
$19,126
Depreciation
$5,773
Program services (functional)
$303,154
Management and general (functional)
$27,296
Fundraising (functional)
$8,728

Balance sheet and other

Total assets, start of year
$285,834
Total assets, end of year
$291,316
Total liabilities, end of year
$0
Net assets, end of year
$291,316
Land, buildings and equipment
$143,974
Net assets without donor restrictions
$291,316
Gross receipts
$380,794
Employees
4
Volunteers
30
Year formed
2014
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Mike DiLeoPresident
Trustee or director, Officer
38$30,000
Amanda SzecsyChairwoman
Trustee or director, Officer
2$0
Brooke PhillipsSecretary
Trustee or director, Officer
0.5$0
Leanne DiLeoDirector
Trustee or director
0.5$0
Jared SmithDirector
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
Mike DiLeoPresident
Trustee or director, Officer
38$55,000
Amanda SzecsyChairwoman
Trustee or director, Officer
2$3,091
Brooke PhillipsSecretary
Trustee or director, Officer
0.5$0
Leanne DiLeoDirector
Trustee or director
0.5$0
Scott HagerDirector
Trustee or director
0.5$0
Jared SmithDirector
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
6000 ALMA RD STE 203, MCKINNEY, TX 75070-2465
Mailing address (990-N for 2016)
3900 S Stonebridge Dr Ste 503, McKinney TX 75070
Principal officer (990 for 2024)
Mike DiLeo, 3900 S Stonebridge 503, McKinney, TX 75070
Principal officer (990-N for 2016)
Mike Di Leo, 3900 S Stonebridge Dr Ste 503, McKinney TX 75070
Signed the 990
Mike DiLeo, President
Phone
(972) 838-1937
Return prepared by
Kathrine E Brugger

Mission

Princess Promise has a vision for young girls in Sierra Leone who have survived severe abuse, neglect, or endangerment to become leaders of their generation. Hope and healing start here. We work with the Sierra Leone government to reunify girls, once displaced from family, into safe family homes. After girls are placed, Princess Promise continues to support them and their families through weekly check-ins, monthly food supplies, schooling, health care, and additional support for each girls needs. Princess Promise is committed to equipping young girls, and their families to be thriving members of society while strengthening the family unit.

990 for the year ended December 31, 2024

Program accomplishments

  • Princess Promises service accomplishments and programming last year included our reunification program in both Bo Town, Sierra Leone & Freetown, Sierra Leone, in which we rescued 40 girls and sought safe family homes back in their communities. We hired 5 employees to help in our safe house and to trace childrens families. We are now supporting and caring for 35 girls by providing food, schooling, healthcare, life skills, and hygiene care throughout the year.
    Expenses $303,154 · grants $1,411

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-5392334
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Religion-related (X99)
Assets (IRS master file)
$291,316
Income (IRS master file)
$380,794

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$347,092$339,178$291,316XML
990December 2023$314,948$363,260$285,834XML
990December 2022$361,899$246,367$332,216IRS
990December 2021–––IRS
990December 2020–––IRS
990-N for 2016
Officer: Mike Di Leo
December 31, 2016≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-5392334).

Questions about PRINCESS PROMISE INC

What is the EIN of PRINCESS PROMISE INC?
The employer identification number (EIN) of PRINCESS PROMISE INC is 46-5392334.
Is PRINCESS PROMISE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to PRINCESS PROMISE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PRINCESS PROMISE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PRINCESS PROMISE INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PRINCESS PROMISE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of PRINCESS PROMISE INC?
The 990 for the year ended December 31, 2024 names Mike DiLeo.
Who are the officers and directors of PRINCESS PROMISE INC?
The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $30,000 (Mike DiLeo, President).
How much revenue does PRINCESS PROMISE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $347,092, expenses of $339,178 and total assets of $291,316 at year end.

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