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Pencils Of Promise Incorporated

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: International, Foreign Affairs and National Security / International Development, Relief Services (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$5.42M (2022)

Expenses
$5.83M (2022)

Total Assets
$2.35M (2022)

Total Liabilities
$145k (2022)

Source: Form 990 tax filings from 2011 to 2022

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,416,234
Expenses
$5,829,396
Net Income
-$413,162
Net Assets
$2,202,865
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,854,225
> 100%
Program Services $0
Investment Income $19
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$454,967
Sales of Assets $0
Net Inventory Sales $16,957
0.3%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $647,340
11.1%
Professional Fundraising Fees $0
Other Salaries and Wages $2,026,068
34.8%
Assets/Debt
Total Assets $2,347,880
Total Liabilities $145,015
Net Assets $2,202,865
Compensation
Key Employees and Officers Compensation Related Other
Kailee Scales (Chief Executive Officer) $268,220 $0 $25,100
Leslie Engle Young (Coo/Member) $169,912 $0 $19,457
Christopher Stanfill (Managing Director) $146,045 $0 $18,606
Adam Braun (Chair) $0 $0 $0
Jason Hodes (Member) $0 $0 $0
Courtney Beale (Member) $0 $0 $0
Gabriel Bourgeois (Member) $0 $0 $0
Phitsamay Uy (Member) $0 $0 $0
Astrid Womble (Member) $0 $0 $0
Gary Vaynerchuk (Memebr) $0 $0 $0
Tammy Farley (Member) $0 $0 $0
Rob Hamwee (Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,028,626
Expenses
$6,811,563
Net Income
-$1,782,937
Net Assets
$2,627,706
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,024,931
99.9%
Program Services $0
Investment Income $107
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $3,588
0.1%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $303,642
4.5%
Professional Fundraising Fees $0
Other Salaries and Wages $2,464,793
36.2%
Assets/Debt
Total Assets $2,961,527
Total Liabilities $333,821
Net Assets $2,627,706
Compensation
Key Employees and Officers Compensation Related Other
Tanya Ramos (Former Chief Executive Officer) $182,545 $0 $3,493
Leslie Engle Young (Chief Operating Officer) $153,905 $0 $15,227
Audrey Pass (Senior Vp, External Affairs) $153,415 $0 $12,247
Kailee Scales (Chief Executive Officer) $127,308 $0 $7,201
Christopher Stanfill (Managing Director, Strategic Initiatives) $120,712 $0 $12,942
Robert Hamwee (Co Chair) $0 $0 $0
Linda Riefler (Co Chair) $0 $0 $0
Jason Hodes (Secretary) $0 $0 $0
Courtney Beale (Director) $0 $0 $0
Gabriel Bourgeois (Director) $0 $0 $0
David Hyrck (Director) $0 $0 $0
Michael Segal (Director) $0 $0 $0
Phitsamay Uy (Director) $0 $0 $0
Astrid Womble (Director) $0 $0 $0
Gary Vaynerchuk (Director) $0 $0 $0
Adam Braun (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,352,983
Expenses
$5,438,761
Net Income
-$85,778
Net Assets
$4,370,836
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,475,030
> 100%
Program Services $0
Investment Income $184
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$132,155
Sales of Assets $9,815
0.2%
Net Inventory Sales $109
0.0%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $429,207
7.9%
Professional Fundraising Fees $0
Other Salaries and Wages $2,348,018
43.2%
Assets/Debt
Total Assets $4,634,038
Total Liabilities $263,202
Net Assets $4,370,836
Compensation
Key Employees and Officers Compensation Related Other
Tanya Ramos (Chief Executive Officer) $270,520 $0 $8,199
Audrey Pass (Senior Vp, External Affairs) $152,020 $0 $11,013
Leslie Engle Young (Chief Operating Officer) $132,256 $0 $18,231
Christopher Stanfill (Senior Director, Data & Operations) $110,533 $0 $9,392
Robert Hamwee (Co Chair) $0 $0 $0
Linda Riefler (Co Chair) $0 $0 $0
Jason Hodes (Secretary) $0 $0 $0
Michael Weiss (Treasurer) $0 $0 $0
Courtney Beale (Director) $0 $0 $0
Gabriel Bourgeois (Director) $0 $0 $0
Karen Harris (Director) $0 $0 $0
David Hyrck (Director) $0 $0 $0
Itai Madamombe (Director) $0 $0 $0
Michael Segal (Director) $0 $0 $0
Phitsamay Uy (Director) $0 $0 $0
Astrid Womble (Director) $0 $0 $0
Gary Vaynerchuk (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,611,589
Expenses
$7,025,360
Net Income
-$413,771
Net Assets
$4,714,745
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,949,483
> 100%
Program Services $0
Investment Income $761
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$331,933
Sales of Assets $0
Net Inventory Sales -$6,722
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $307,824
4.4%
Professional Fundraising Fees $0
Other Salaries and Wages $2,364,035
33.7%
Assets/Debt
Total Assets $4,814,362
Total Liabilities $99,617
Net Assets $4,714,745
Compensation
Key Employees and Officers Compensation Related Other
Tanya Ramos (Chief Executive Officer) $291,651 $0 $16,173
Leslie Engle Young (Chief Impact Officer) $142,377 $0 $20,044
Kara Grieco (Vp, People & Culture) $138,952 $0 $12,062
Christopher Stanfill (Sen. Director, Evaluation) $102,595 $0 $11,447
Linda Riefler (Chair) $0 $0 $0
Robert Hamwee (Co Chair) $0 $0 $0
Karen Harris (Secretary) $0 $0 $0
Michael Weiss (Treasurer) $0 $0 $0
Courtney Beale (Director) $0 $0 $0
Richard Hearn (Director, Thru July 2019) $0 $0 $0
Jason Hodes (Director) $0 $0 $0
Michael Segal (Director) $0 $0 $0
Astrid Womble (Director) $0 $0 $0
Gary Vaynerchuk (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,681,995
Expenses
$8,469,794
Net Income
-$1,787,799
Net Assets
$5,134,155
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,416,547
> 100%
Program Services $0
Investment Income $478
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$776,702
Sales of Assets $44,886
0.7%
Net Inventory Sales -$3,214
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $276,625
3.3%
Professional Fundraising Fees $0
Other Salaries and Wages $2,585,677
30.5%
Assets/Debt
Total Assets $5,309,032
Total Liabilities $174,877
Net Assets $5,134,155
Compensation
Key Employees and Officers Compensation Related Other
Tanya Ramos (Chief Executive Officer) $218,258 $0 $13,189
Juliette H Cho (Head Of Strategic Relation) $164,230 $0 $5,527
Susan Typher (Head Of Strategic Partner) $147,964 $0 $19,155
Leslie Engle Young (Chief Impact Officer) $135,956 $0 $5,940
Meighan Stone Dir Thru (05/2018; Ceo (Thru Of 02/2018)) $39,672 $0 $5,507
Karen Harris (Secretary) $0 $0 $0
Brad Haugen (Chair (Thru 05/2018)) $0 $0 $0
Michael Weiss (Treasurer) $0 $0 $0
Robert Hamwee (Co Chair) $0 $0 $0
Linda Riefler (Chair) $0 $0 $0
Gary Vaynerchuk (Director) $0 $0 $0
Richard Hearn (Director) $0 $0 $0
Douglas Kubach (Director (Thru 7/2018)) $0 $0 $0
Astrid Womble (Director) $0 $0 $0
Michael Segal (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,081,303
Expenses
$8,607,400
Net Income
$2,473,903
Net Assets
$7,082,979
Notable Sources of Revenue Percent of Total Revenue
Contributions $11,395,025
> 100%
Program Services $0
Investment Income $144
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$310,821
Sales of Assets $0
Net Inventory Sales -$3,045
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $484,480
5.6%
Professional Fundraising Fees $0
Other Salaries and Wages $2,823,083
32.8%
Assets/Debt
Total Assets $7,420,443
Total Liabilities $337,464
Net Assets $7,082,979
Compensation
Key Employees and Officers Compensation Related Other
Michael Dougherty (Ceo (Thru 07/2017)) $228,361 $0 $21,701
Juliette H Cho (Head Of Strategic Relationships) $130,152 $0 $4,407
Leslie Engle Young (Chief Impact Officer) $124,776 $0 $17,602
Natalie Ebel (Chief Marketing Officer) $121,559 $0 $22,519
Tom Casazzone (Coo (Thru 08/2017)) $113,762 $0 $27,972
Meighan Stone Dir Thru (08/2017), Ceo (As Of 08/2017)) $70,576 $0 $8,037
Michael Weiss Treasurer (And Coo (09/2017 10/2017)) $13,630 $0 $441
Karen Harris (Chair (Thru 05/17/17)) $0 $0 $0
Brad Haugen (Chair (As Of 05/2017)) $0 $0 $0
Robert Hamwee (Secretary) $0 $0 $0
Gary Vaynerchuk (Director) $0 $0 $0
Craig Effron (Director (Thru 05/2017)) $0 $0 $0
Linda Riefler (Director) $0 $0 $0
Richard Hearn (Director) $0 $0 $0
Douglas Kubach (Director) $0 $0 $0
Sarah O'hagan (Director) $0 $0 $0
Hope Taitz (Director (Thru 05/2017)) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,651,759
Expenses
$8,403,617
Net Income
$248,142
Net Assets
$4,735,516
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,852,814
> 100%
Program Services $0
Investment Income $408
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$190,426
Sales of Assets $0
Net Inventory Sales -$11,037
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $441,142
5.2%
Professional Fundraising Fees $0
Other Salaries and Wages $2,498,254
29.7%
Assets/Debt
Total Assets $4,959,415
Total Liabilities $223,899
Net Assets $4,735,516
Compensation
Key Employees and Officers Compensation Related Other
Michael Dougherty (Ceo) $273,110 $0 $28,583
Tom Casazzone (Coo) $113,834 $0 $25,615
Susan Typher (Head Of Strategic Relationships) $106,996 $0 $10,407
Karen Harris (Chair) $0 $0 $0
Michael Weiss (Treasurer) $0 $0 $0
Robert Hamwee (Secretary) $0 $0 $0
Brad Haugen (Director) $0 $0 $0
Richard Lent (Director (Through 05/16)) $0 $0 $0
Hope Taitz (Director (Through 02/16)) $0 $0 $0
Dan Cahill (Director (Through 02/16)) $0 $0 $0
Meighan Stone (Director) $0 $0 $0
Gary Vaynerchuk (Director) $0 $0 $0
Craig Effron (Director) $0 $0 $0
Linda Riefler (Director) $0 $0 $0
Richard Hearn (Director) $0 $0 $0
Douglas Kubach (Director) $0 $0 $0
Sarah O'hagan (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,895,345
Expenses
$8,285,139
Net Income
-$389,794
Net Assets
$4,796,527
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,954,617
> 100%
Program Services $0
Investment Income $580
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$51,883
Sales of Assets $0
Net Inventory Sales -$7,969
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $567,828
6.9%
Professional Fundraising Fees $0
Other Salaries and Wages $1,790,473
21.6%
Assets/Debt
Total Assets $4,921,365
Total Liabilities $124,838
Net Assets $4,796,527
Compensation
Key Employees and Officers Compensation Related Other
Adam Braun (Founder/Director) $246,960 $0 $12,918
Michael Dougherty (Ceo As Of 06/2015) $159,333 $0 $10,387
Tom Casazzone (Coo) $120,904 $0 $17,326
Brad Haugen (Chairman Through July 2015) $0 $0 $0
Karen Harris (Chairman) $0 $0 $0
Michael Weiss (Treasurer / Interim Ceo Thru 05/2015) $0 $0 $0
Robert Hamwee (Secretary) $0 $0 $0
Richard Lent (Director) $0 $0 $0
Hope Taitz (Director) $0 $0 $0
Dan Cahill (Director) $0 $0 $0
Meighan Stone (Director) $0 $0 $0
Gary Vaynerchuk (Director) $0 $0 $0
Craig Effron (Director) $0 $0 $0
Linda Riefler (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,691,304
Expenses
$6,043,874
Net Income
$1,647,430
Net Assets
$5,249,821
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,797,819
> 100%
Program Services $0
Investment Income $568
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$117,704
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $10,621
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $275,927
4.6%
Professional Fundraising Fees $0
Other Salaries and Wages $1,205,461
19.9%
Assets/Debt
Total Assets $5,372,277
Total Liabilities $122,456
Net Assets $5,249,821
Compensation
Key Employees and Officers Compensation Related Other
Adam Braun (President & Founder) $150,343 $0 $5,145
Tom Casazzone (Chief Financial Officer/Chief Operating Officer) $102,031 $0 $18,408
Karen Harris (Secretary) $0 $0 $0
Brad Haugen (Chairman) $0 $0 $0
Richard Lent (Director) $0 $0 $0
Hope Taitz (Director) $0 $0 $0
Michael Weiss (Treasurer) $0 $0 $0
Dan Cahill (Director) $0 $0 $0
Meighan Stone (Director) $0 $0 $0
Gary Vaynerchuk (Director) $0 $0 $0
Craig Effron (Director) $0 $0 $0
Linda Riefler (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,039,888
Expenses
$5,061,638
Net Income
-$21,750
Net Assets
$3,602,391
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,226,449
83.9%
Program Services $0
Investment Income $1,037
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $801,252
15.9%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $11,150
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $234,792
4.6%
Professional Fundraising Fees $0
Other Salaries and Wages $1,019,475
20.1%
Assets/Debt
Total Assets $3,677,624
Total Liabilities $75,233
Net Assets $3,602,391
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Adam Braun (President & Ceo) $154,792 $0 $4,736
Tom Casazzone (Chief Financial Officer) $73,568 $0 $14,625
Chris Clarke (Director) $0 $0 $0
Karen Harris (Secretary) $0 $0 $0
Brad Haugen (Chairman) $0 $0 $0
John Kluge Jr (Director) $0 $0 $0
Richard Lent (Director) $0 $0 $0
Hope Taitz (Director) $0 $0 $0
Michael Weiss (Treasurer) $0 $0 $0
Dan Cahill (Director) $0 $0 $0
Meighan Stone (Director) $0 $0 $0
Gary Vaynerchuk (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,016,495
Expenses
$3,203,649
Net Income
$1,812,846
Net Assets
$3,624,141
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,039,120
> 100%
Program Services $0
Investment Income $9,183
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$39,146
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $7,338
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $226,017
7.1%
Professional Fundraising Fees $0
Other Salaries and Wages $459,920
14.4%
Assets/Debt
Total Assets $3,728,732
Total Liabilities $104,591
Net Assets $3,624,141

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,152,212
Expenses
$1,409,189
Net Income
$743,023
Net Assets
$1,811,295
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,224,168
> 100%
Program Services $0
Investment Income $631
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$77,572
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,985
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $130,030
9.2%
Professional Fundraising Fees $0
Other Salaries and Wages $296,339
21.0%
Assets/Debt
Total Assets $1,837,873
Total Liabilities $26,578
Net Assets $1,811,295

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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