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International : Development and Relief Services

Pencils of Promise

WE can create a better world through education.

three stars

87.83

1115 Broadway Suite 1157
New York, NY 10010
tel: (212) 777-3170   Web Site
EIN: 26-3618722

Board Leadership
Robert Hamwee & Linda Riefler
Co-Chairs

CEO
Tanya Ramos
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 87.83 three stars
  Financial 82.79 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 12/01/2020 and includes data from FY2018, the most recent 990 received at that time.

At Pencils of Promise, we believe every child deserves access to quality education. We create schools, programs, and global communities around the common goal of education for all. We accomplish these activities by dedicating significant amounts of time, labor, and effort raising money in the US, through youth and professional engagement programs, and special events. The funds raised allow us to increase our domestic and international reach and impact.

At Pencils of Promise, we believe every child deserves access to quality education. We create schools, programs, and global communities around the common goal of education for all. We accomplish these activities by dedicating significant amounts of time, labor, and effort raising money in the US, through youth and professional engagement programs, and special events. The funds raised allow us to increase our domestic and international reach and impact.

Financial

three stars

82.79

Accountability & Transparency

four stars

100.00

This rating was published 12/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
81.1%
  Administrative Expenses 7.3%
  Fundraising Expenses 11.5%
  Fundraising Efficiency $0.10
  Working Capital Ratio (years) 0.60
  Program Expenses Growth 1.4%
  Liabilities to Assets 3.2%
All data for Financial Performance Metrics calculations was provided by Pencils of Promise on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Pencils of Promise on recent 990s filed with the IRS.

Constituent Feedback

Charity Navigator believes nonprofit organizations that engage in inclusive practices, such as collecting feedback from the people/communities they serve, may be more effective. We've partnered with GuideStar by Candid to survey organizations about their feedback practices. Nonprofit organizations are encouraged to fill out the How We Listen section of their Candid profile.

Here's how this organization is listening and learning from the people they serve:
How is the organization collecting feedback?
Electronic surveys (by email, tablet, etc), Paper surveys, Community meetings or town halls
How is the organization using feedback?
To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve
With whom is the organization sharing feedback?
The people we serve, Our staff, Our board, Our funders, Our community partners
What challenges does the organization face when collecting feedback?
It is difficult to find the ongoing funding to support feedback collection
Describe a recent change in your organization that resulted from feedback.
Coaching schedules for the Teacher Support program were changed based on direct feedback from teachers enrolled in the program
This Constituent Feedback information is provided to us by Candid. At this time, Constituent Feedback information published on this organization's page has no effect on its star rating per our methodology.

Highly Rated

Charity Name & State Overall Score Overall Rating
Pencils of Promise (NY) 87.83 three stars
Resource Exchange International (REI) (CO) 88.31 three stars
Helps International (TX) 85.54 three stars
Wings of Hope (MO) 96.46 four stars
Nyaka Aids Orphans Project (MI) 88.65 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $4,523,111
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $2,893,436
   Related Organizations $0
   Government Grants $0
Total Contributions $7,416,547
   Program Service Revenue $0
Total Primary Revenue $7,416,547
   Other Revenue $-734,552
TOTAL REVENUE $6,681,995
   
EXPENSES  
   Program Expenses $6,926,649
   Administrative Expenses $693,846
   Fundraising Expenses $849,299
TOTAL FUNCTIONAL EXPENSES $8,469,794
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-1,787,799
   
Net Assets $5,134,155

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
School Builds $3,141,760 45.4%
Teacher Support $2,772,481 40.0%
WASH $506,204 7.3%
Global Communities & Scholarship $506,204 7.3%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 12/01/2020 87.83 three stars
2018-12 03/01/2020 87.50 three stars
2017-12 10/01/2019 93.17 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 26-3618722
Name in IRS Master File PENCILS OF PROMISE INCORPORATED
NTEE Code Q30
NTEE Classification International Development, Relief Services
NTEE Type International, Foreign Affairs and National Security
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes.  509(a)(2)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date February, 2009
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$218,258 2.57% Tanya Ramos Chief Executive Officer
Other Salaries of Note
$39,672 0.46% Meighan Meighan Stone Former Chief Executive Officer

Highly Rated

Charity Name & State Overall Score Overall Rating
Pencils of Promise (NY) 87.83 three stars
Agape International Missions (CA) 100.00 four stars
Population Media Center (VT) 100.00 four stars
Curamericas Global (NC) 85.15 three stars
The Grant Foundation d/b/a Hôpital Albert Schweitzer Haiti (PA) 89.02 three stars

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This charity has an official representative registered with Charity Navigator.

Constituent Feedback

This organization is sharing information on how they communicate with stakeholders to better inform your giving.

Charity Contact Info

Pencils of Promise
1115 Broadway
Suite 1157
New York, NY 10010
tel: (212) 777-3170
EIN: 26-3618722

Visit Web Site

Board Leadership

Robert Hamwee & Linda Riefler
Co-Chairs

CEO

Tanya Ramos
Chief Executive Officer

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