Nonprofit · EIN 82-2921031
PROMESA ACADEMY INC
Tax-exempt · SAN ANTONIO, TX 78207
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $5,224,672 | $6,644,074 | -$1,419,402 | $16,792,795 | $16,314,716 | $478,079 |
| June 30, 2024 | 990 | $8,577,146 | $8,566,713 | $10,433 | $18,441,843 | $16,544,362 | $1,897,481 |
| June 30, 2023 | 990 | $7,025,513 | $6,479,135 | $546,378 | $17,394,304 | $15,507,254 | $1,887,050 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $5,187,339
- of which government grants
- $4,546,821
- Program service revenue
- $20,287
- Investment income
- $17,046
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $130,000
- Other salaries and wages
- $2,562,717
- Salaries, compensation and benefits (total)
- $3,236,281
- Professional fundraising fees
- $0
- Legal fees
- $15,998
- Accounting fees
- $14,400
- Occupancy
- $193,700
- Travel
- $118,870
- Depreciation
- $541,369
- Program services (functional)
- $6,055,447
- Management and general (functional)
- $550,917
- Fundraising (functional)
- $37,710
Balance sheet and other
- Total assets, start of year
- $18,441,843
- Total assets, end of year
- $16,792,795
- Total liabilities, end of year
- $16,314,716
- Net assets, end of year
- $478,079
- Land, buildings and equipment
- $13,170,511
- Net assets without donor restrictions
- $478,079
- Gross receipts
- $5,224,672
- Employees
- 107
- Volunteers
- 5
- Year formed
- 2017
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ISAAC WILLIAMS | CEO Officer | 40 | $123,174 | $10,715 |
| DENISE FORD | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| HECTOR GARCIA | BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| ELIANA RODRIGUEZ | BOARD VICE C Trustee or director, Officer | 2 | $0 | $0 |
| JEFFREY ROTHCHILD | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| TAYA TSELOLIKHINA | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ISAAC WILLIAMS | CEO Officer | 40 | $46,638 | $5,592 |
| DENICE FORD | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| HECTOR GARCIA | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ANNIE HOFFMAN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DON MILLS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ELIANA RODRIGUEZ | BOARD PRESID Trustee or director, Officer | 2 | $0 | $0 |
| JEFFREY ROTHSCHILD | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| TAYA TSELOLIKHINA | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMBIKA DANI | OUTGOING CEO Officer | 40 | $116,052 |
| FRANCO CRUZ | BOARD MEMBER Trustee or director | 2 | $0 |
| CHRISTOPHER GREEN | CHAIR Trustee or director, Officer | 2 | $0 |
| ANNIE HOFFMAN | BOARD MEMBER Trustee or director | 2 | $0 |
| BASEL MURAD | BOARD MEMBER Trustee or director | 2 | $0 |
| ELIANA RODRIGUEZ | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| JEFF ROTHSCHILD | BOARD MEMBER Trustee or director | 2 | $0 |
| JARED SORENSEN | BOARD MEMBER Trustee or director | 2 | $0 |
| ISAAC WILLIAMS | INCOMING CEO Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 603 MERIDA ST, SAN ANTONIO, TX 78207-7685
- Principal officer (990 for 2024)
- ISAAC WILLIAMS, 603 MERIDA, SAN ANTONIO, TX 78207
- Signed the 990
- ISAAC WILLIAMS, CEO
- Phone
- (210) 942-1700
- Website
- PROMESAACADEMY.ORG
- 990-N for 2017 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Ambika Dani, 6715 Hope Farm, San Antonio TX 78249. Mailing address: 6715 Hope Farm, San Antonio TX 78249. Website: www.promesaacademy.org
- Return prepared by
- ARMSTRONG VAUGHAN & ASSOCIATES PC
Mission
THROUGH RIGOROUS AND ENGAGING ACADEMICS, HIGH QUALITY INSTRUCTION, AND A COMMITMENT TO EXCELLENCE IN ALL THAT WE DO, PROMESA ACADEMY CHARTER SCHOOL ENSURES EVERY KINDERGARTEN THROUGH FIFTH-GRADE STUDENT HAS THE SKILLS AND KNOWLEDGE FOR MIDDLE AND HIGH SCHOOL SUCCESS, COLLEGE GRADUATION, AND A LIFE FILLED WITH OPPORTUNITY.
Program accomplishments
- THROUGH RIGOROUS AND ENGAGING ACADEMICS, HIGH-QUALITY INSTRUCTION, AND A COMMITMENT TO EXCELLENCE IN ALL THAT WE DO, PROMESA ACADEMY CHARTER SCHOOL ENSURES EVERY KINDERGARTEN THROUGH FIFTH-GRADE STUDENT HAS THE SKILLS AND KNOWLEDGE FOR MIDDLE AND HIGH SCHOOL SUCCESS, COLLEGE GRADUATION, AND A LIFE FILLED WITH OPPORTUNITY.Expenses $6,055,447 · revenue $20,287
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 82-2921031
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2017
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $16,792,795
- Income (IRS master file)
- $5,224,672
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $5,224,672 | $6,644,074 | $16,792,795 | XML |
| 990 | June 2024 | $8,577,146 | $8,566,713 | $18,441,843 | XML |
| 990 | June 2023 | $7,025,513 | $6,479,135 | $17,394,304 | XML |
| 990 | June 2022 | $4,982,980 | $4,649,817 | $11,349,575 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990-N for 2017 Officer: Ambika Dani Filed under this EIN, most likely by a chapter or affiliate | June 30, 2018 | ≤ $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 82-2921031).
Questions about PROMESA ACADEMY INC
- What is the EIN of PROMESA ACADEMY INC?
- The employer identification number (EIN) of PROMESA ACADEMY INC is 82-2921031.
- Is PROMESA ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to PROMESA ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PROMESA ACADEMY 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 PROMESA ACADEMY INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PROMESA ACADEMY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of PROMESA ACADEMY INC?
- The 990 for the year ended June 30, 2025 names ISAAC WILLIAMS.
- Who are the officers and directors of PROMESA ACADEMY INC?
- The 990 for the year ended June 30, 2025 lists 6 people; 1 received compensation from the organization, the highest $123,174 (ISAAC WILLIAMS, CEO).
- How much revenue does PROMESA ACADEMY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $5,224,672, expenses of $6,644,074 and total assets of $16,792,795 at year end.
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