San Marcos Promise

Organization Overview

San Marcos Promise is located in San Marcos, CA. The organization was established in 2014. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. San Marcos Promise is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, San Marcos Promise generated $841.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $574.4k during the year ending 06/2021. While expenses have increased by 2.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE SAN MARCOS PROMISE GUIDES AND SUPPORTS STUDENTS ON THEIR JOURNEYS TO COLLEGE AND INTO THE WORKFORCE SO THAT THEY BUILD SATISFYING CAREERS AND PURPOSEFUL LIVES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE HIGH SCHOOL STUDENTS WITH EDUCATIONAL RESOURCES, GUIDANCE TO PREPARE AND EMPOWER TO CHOOSE A PATH LEADING TO A PRACTICAL CAREER THAT IS SUITED TO THEIR PASSIONS.


THE LEAP PROGRAM PROVIDES ELEMENTARY AND MIDDLE SCHOOL STUDENTS COURSES ALLOWING THEM TO EXPLORE THEIR INTEREST AND DISCOVER NEW PASSIONS.


PROVIDE POST HIGH SCHOOL SCHOLARS OPPORTUNITIES FOR COMMUNITY SERVICES AND GIVE THEM RESOURCES FOR A BETTER TRANSITION INTO THE PROFESSIONAL WORLD.


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Board, Officers & Key Employees

Name (title)Compensation
Lisa Stout
Executive Dir.
$138,476
Sara Montooth
Program Coordinator
$113,051
Jennifer Orlando
Chair
$0
Justin Matsushita
Treasurer
$0
Vanessa Negrete
Director
$0
Scotty Lombardi
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $61,500
All other contributions, gifts, grants, and similar amounts not included above$697,873
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$759,373
Total Program Service Revenue$68,953
Investment income $12,740
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $841,066

Grants Recieved

Over the last fiscal year, we have identified 15 grants that San Marcos Promise has recieved totaling $311,880.

Awarding OrganizationAmount
Rancho Santa Fe Foundation

Rancho Santa Fe, CA

PURPOSE: EDUCATION

$179,193
Girard Foundation

San Diego, CA

PURPOSE: GENERAL

$28,000
Rancho Santa Fe Foundation

Rancho Santa Fe, CA

PURPOSE: EDUCATION

$23,650
Coastal Community Foundation

Encinitas, CA

PURPOSE: TWIN OAKS HIGH SCHOOL STUDENT REWARD PROGRAM & FUTURES CENTER

$15,500
Nordson Corporation Foundation

Westlake, OH

PURPOSE: EDUCATION PROGRAM

$12,500
Conrad Prebys Foundation

San Diego, CA

PURPOSE: COLLEGE AND CAREER READINESS PROGRAMS FOR K-12 GRADE STUDENTS

$10,000
View Grant Recipient Profile

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