Pittsburgh Promise
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Pittsburgh Promise does not meet the following 2 Standards for Charity Accountability:
Standard 1 (Oversight of Operations and Staff)
Organizations shall have a board of directors that provides adequate oversight of the charity's operations and its staff. Indication of adequate oversight includes, but is not limited to, regularly scheduled appraisals of the CEO's performance, evidence of disbursement controls such as board approval of the budget, fund raising practices, establishment of a conflict of interest policy, and establishment of accounting procedures sufficient to safeguard charity finances.
Pittsburgh Promise does not meet this Standard because its board of directors does not:
- Review the performance of the Chief Executive Officer at least once every two years.
Standard 14 (Budget)
Have a board-approved annual budget for its current fiscal year, outlining projected expenses for major program activities, fund raising, and administration.
Pittsburgh Promise does not meet this Standard because, when the organization provided 2023 budget information, it indicated that the budget:
- Did not identify total projected program service expenses.
- Did not identify total projected fundraising expenses.
Pittsburgh Promise meets the remaining 18 Standards for Charity Accountability.
Stated Purpose:
“to promote high educational aspirations among urban youth, fund scholarships for post-secondary access, and fuel a prepared and diverse regional workforce.”
Year, State Incorporated:
2007, PA
Pittsburgh Promise reports that it works to equip urban youth to achieve post-secondary education success, ensure the city of Pittsburgh and its neighborhoods flourish, and partners with regional companies to create professional contacts, potential internships, and full-time employment opportunities for the organization's graduating alumni. The organization works with all Pittsburgh high schools and charter schools to create relationships and promote academic achievement. Pittsburgh Promise operates a college fair and visits, a transition possibilities fair, a senior signing day, and a career launch program to assist students in negotiating post-secondary education plans via college and the workforce.
For the year ended June 30, 2022, Pittsburgh Promise's program expenses were:
| Scholarships | $7,761,194 |
| Other program related expenses | $2,072,405 |
| Total Program Expenses | $9,833,599 |
Chief Executive
Saleem Ghubril, Executive Director
Compensation*
$271,204
Chair of the Board
Anne Lewis
Chair's Profession / Business Affiliation
Board Chair, Oxford Development Company
Board Size
25
Paid Staff Size
24
*2021 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Radio, Telemarketing, Print advertisements
Fundraising costs were 10% of related contributions. (Related contributions, which totaled $11,683,484, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Pittsburgh Promise's audited financial statements for the year ended June 30, 2022.
Source of Funds
| Investment losses, net | $-8,593,140 |
| Membership and miscellaneous income | $55,008 |
| Sponsorship revenue | $123,130 |
| Investment income, net | $777,047 |
| Contributions and transfers | $11,683,484 |
| Total Income | $4,045,529 |
Programs: 88% Fundraising: 10% Administrative: 2%
| Total Income | $4,045,529 |
| Total expenses: | $11,164,841 |
| Program expenses | $9,833,599 |
| Fundraising expenses | $1,118,170 |
| Administrative expenses | $213,072 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-7,119,312 |
| Beginning Net Assets | $66,001,167 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $58,881,855 |
| Total Liabilities | $703,256 |
| Total Assets | $59,585,111 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Wise Giving Alliance