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Filing year 2024

RICHMOND PROMISE INC

Richmond, California·EIN 81-1653085·NTEE B82 · Education·501(c)(3)
Total revenue
$1.2M
Total assets
$22.6M
Total expenses
$4M
Reported officers
15
Mission

TO PROMOTE EDUCATIONAL EQUITY BY REMOVING BARRIERS AND CREATING PATHWAYS TO ENSURE ALL STUDENTS IN RICHMOND HAVE ACCESS TO HIGH QUALITY EDUCATION, EXCEL FROM HIGH SCHOOL TO HIGHER EDUCATION, ATTAIN A POSTSECONDARY DEGREE OR CERTIFICATION, (CONTINUED ON SCH. O)THRIVE IN THE FIELD OF THEIR CHOICE, AND BECOME A LEADER OF POSITIVE CHANGE IN THEIR COMMUNITY AND THE WORLD.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations in California.

Executive Director
Median to 75th percentile
$186k
$197k
Base
$162k
Bonus
$10k
Other
Benefits
$8k
Chief Operating Officer
25th percentile to median
$134k
$142k
Director of Communications
Director (Operational)
25th percentile to median
$129k
$137k

Teal figures restate each filed amount in 2026 dollars.

Estimated with San Francisco-Oakland-Hayward, CA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 12 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at RICHMOND PROMISE INC equaled 5% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
5%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 5%
from 2023

From $177k in 2023 to $186k in 2024.

$177k
2023
$186k
2024
In today's dollarsEst.
Up 2% in real terms$192k to $197k

Estimated with San Francisco-Oakland-Hayward, CA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 5% from 2023 to 2024, while revenue rose 43%.

$177k in 2023 to $186k in 2024.
  • Chief Operating Officer pay rose 6% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about RICHMOND PROMISE INC

What does the Chief Executive Officer of RICHMOND PROMISE INC earn?

In 2024, the Chief Executive Officer of RICHMOND PROMISE INC received $185,711 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Education organizations in California, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at RICHMOND PROMISE INC compare with similar nonprofits?

Compared with the same role at Education organizations in California, the 2024 pay of the Chief Executive Officer at RICHMOND PROMISE INC falls between the median and the 75th percentile. In 2024, the highest total compensation at RICHMOND PROMISE INC equaled 5% of the organization's total expenses. The median for education organizations is 7%.

What are RICHMOND PROMISE INC's revenue and expenses?

In 2024, RICHMOND PROMISE INC reported $1.2M in total revenue and $4M in total expenses on its IRS Form 990.

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