Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2011.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
90 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Who runs it and what they're paid
8 people listed on the 990; $486K paid to officers and key staff.
Krissy Dealejandro’s $316K as President & CEO is at the 96th percentile of top reported officer pay among 3394 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 6 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Krissy Dealejandro | $316,245 | $311,037 | $289,753 | $268,911 | $261,036 | $265,261 |
| Jacquelyn McDonald | $162,105 | $147,368 | $113,833 | $101,130 | — | — |
| Graham Thomas | $158,102 | $143,694 | $130,294 | $115,952 | $102,887 | — |
| Maegan Tribble | $112,936 | $102,537 | — | — | — | — |
| Amy Bain | $109,567 | — | — | — | — | — |
| Robert Sterling | $96,919 | — | — | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Empowers students with community-based support to improve college success.
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Know this organization? Claim it to add your story
The organization manages and disburses completion grants for students across tennessee excluding knox county, determined by need, to ensure unexpected financial burdens are not barriers to college graduation.
Administration of non-financial components of tennessee promise as a partnering oranization in 83 counties of tennessee - the organization adminsiters tennessee promise for the tennessee higher education commission and tennessee student assistance corporation.
Managment of Knox Promise
The organization operates knox promise. Knox promise is a pilot program that provides mentoring, coaching and financial assitance to students from knox county, TN. Recipients are determined by need to ensure unexpected financial burdens are not barriers to college graduation.
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.7M | $1.9M |
| Total assetsLn 16 | $1.7M | $1.9M |
| LiabilitiesLn 26 | $57K | $133K |
| Net assetsLn 32 | $1.6M | $1.8M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic individualsLn 2 | $626K | $626K | ||
| Pay of current officers, directors and key staffLn 5 | $300K | $150K | $105K | $45K |
| Other salaries and wagesLn 7 | $1.5M | $1.4M | $70K | |
| Pension plan contributionsLn 8 | $35K | $35K | ||
| Other employee benefitsLn 9 | $148K | $109K | $31K | $8K |
| Payroll taxesLn 10 | $130K | $130K | ||
| Accounting feesLn 11c | $41K | $41K | ||
| Other fees for servicesLn 11g | $84K | $84K | ||
| Office expensesLn 13 | $8K | $8K | ||
| Information technologyLn 14 | $149K | $149K | ||
| OccupancyLn 16 | $46K | $46K | ||
| TravelLn 17 | $31K | $31K | ||
| Conferences, conventions and meetingsLn 19 | $995 | $995 | ||
| InsuranceLn 23 | $16K | $16K | ||
| Other expenses (24a–d)Ln 24 | $192K | $188K | $5K | |
| All other expensesLn 24e | $2K | $1K | $634 | |
| Total functional expensesLn 25 | $3.3M | $2.9M | $283K | $53K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 | $7.3M | $6.8M | $544K | $1.8M | 990 PDF |
| FY2023 | $5.7M | $6.2M | −$510K | $1.3M | 990 PDF |
| FY2022 Viewing | $3.5M | $3.3M | $214K | $1.8M | 990 PDF |
| FY2021 | $3.3M | $3.1M | $186K | $1.6M | 990 PDF |
| FY2020 | $3.7M | $2.8M | $942K | $1.4M | 990 PDF |
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Schedules filed Part IV
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $3,495,995 across 5 lines filed
Part IX · Statement of functional expenses $3,282,246 across 16 lines filed
Part X · Balance sheet $1,942,276 assets, 7 lines filed
Part XI · Reconciliation of net assets $1,809,381 net assets at year end
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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