2024-04-22T13:07:20-05:00 2023-06-30 930623286 ALDRICH CPAS AND ADVISORS LLP 1903 WRIGHT PLACE 180 CARLSBAD CA 92008 990 2022-07-01 465460510 THE SAN MARCOS PROMISE SANM 7602902386 255 PICO AVENUE 103 SAN MARCOS CA 92069 JUSTIN MATSUSHITA CHAIR 7602902386 2024-04-17 1 JUSTIN MATSUSHITA 999009999 1 DEBRA D SMITH CPA P00646873 7604318440 2024-04-17 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JUSTIN MATSUSHITA 255 PICO AVENUE 103 SAN MARCOS CA 92069 894327 0 X HTTPS://WWW.THESANMARCOSPROMISE.ORG/ X 2014 CA GUIDES AND SUPPORTS STUDENTS ON THEIR JOURNEYS TO COLLEGE AND INTO THE WORKFORCE. 12 12 7 200 0 0 1187675 828174 23637 56916 0 2003 3013 -12313 1214325 874780 41498 13193 0 0 518195 784321 0 0 211172 431738 178449 991431 975963 222894 -101183 846568 750623 233 669 846335 749954 X 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. WE PROVIDE COLLEGE AND CAREER READINESS AND WORKFORCE DEVELOPMENT OPPORTUNITIES TO ALL 6,700 9-12TH GRADE STUDENTS IN SAN MARCOS UNIFIED SCHOOL DISTRICT THROUGH FUTURE READY PROGRAMS, SERVICES, RESOURCES, AND EVENTS. 0 0 350958 THE FUTURE CENTERS PROVIDE A FOCAL POINT AT EACH HIGH SCHOOL WHERE STUDENTS AND THEIR FAMILIES HAVE IMMEDIATE ACCESS TO POST-HIGH SCHOOL PREPARATION AND PLANNING RESOURCES. OUR SERVICES ARE BUILDING CONFIDENCE, OPENING DOORS, AND HELPING STUDENTS ACHIEVE SELF-SUFFICIENT FUTURES. THE GOAL IS TO HELP STUDENTS CHOOSE, WITH INTENTION, A PATH TOWARDS MEANINGFUL POST-SECONDARY TRAINING, EDUCATION, AND CAREER OPPORTUNITIES. NUMBER OF STUDENTS SERVED IN THE 2022-2023 FISCAL YEAR WERE 6,562. FUTURE CENTERS ARE DESIGNED TO INCREASE THE NUMBER OF STUDENTS CONTINUING THEIR EDUCATION AFTER HIGH SCHOOL BY ASSISTING THEM IN DISCOVERING OPPORTUNITIES IN CAREERS AND CONNECTING THEM WITH RESOURCES, BOTH ON CAMPUS AND IN THE COMMUNITY, NECESSARY TO PURSUE POST HIGH SCHOOL EDUCATION. THANKS TO THE GENEROUS DONATION AND PARTNERSHIP WITH PIMA MEDICAL INSTITUTE, FUTURE CENTERS ARE STAFFED, YEAR-ROUND, WITH A CAREER COACH TO ASSIST STUDENTS AND FAMILIES. 54142 56916 LEARNING ENRICHMENT TO ACHIEVE PROMISE (LEAP) IS AN EXTENDED-YEAR PROGRAM FOR CHILDREN TO EXPLORE THEIR INTERESTS AND DISCOVER NEW PASSIONS. IN PARTNERSHIP WITH THE SAN MARCOS UNIFIED SCHOOL DISTRICT, LEAP PROVIDES OPPORTUNITIES FOR COURSES THAT BUILD REAL-WORLD SKILLS SUCH AS CREATIVE PROBLEM SOLVING, COLLABORATION, AND DIGITAL FLUENCY, AND OFFER A GLIMPSE INTO A VARIETY OF PROFESSIONS. PROCEEDS FROM THE PROGRAM ARE REINVESTED INTO THE SAN MARCOS PROMISE TO SUPPORT FUTURE SCHOLARSHIPS. 216603 13193 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. HIGH SCHOOL STUDENTS DEVELOP SKILLS AND DEVELOP WORKPLACE SKILLS AND GROW THEIR PROFESSIONAL NETWORK. PROMISE 360 PROGRAM: THE PROMISE 360 PROGRAM SUPPORTS 50 GRADUATING SENIORS IN SAN MARCOS UNIFIED SCHOOL DISTRICT WHO PLAN ON ENTERING THE WORKFORCE DIRECTLY OUT OF HIGH SCHOOL. OUR YEAR-LONG PROGRAM EMPOWERS STUDENTS TO DEVELOP LEADERSHIP AND CAREER-READINESS SKILLS, TEACHES THEM ABOUT POSSIBLE NON-COLLEGE CAREER OPTIONS, AND DIRECTLY LINKS THEM TO LOCAL BUSINESSES WITH OPENINGS FOR JOBS THAT PAY A LIVING WAGE AND PROVIDE BENEFITS. PROGRAM GOAL: TO SHIFT MORE WORKFORCE-BOUND HIGH SCHOOL GRADUATES TO HIGHER-PAYING CAREERS WITH BENEFITS AND GROWTH POTENTIAL AND AWAY FROM COMMON JOBS THAT PAY LOWER WAGES, ARE PART-TIME, AND LACK BENEFITS. 621703 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 27 0 7 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 CA X KATHY GALLAGHER 7602902386 255 PICO AVENUE 103 SAN MARCOS CA 92069 JUSTIN MATSUSHITA CHAIR 1.00 X X 0 0 0 SHARON JENKINS SECRETARY 1.00 X X 0 0 0 MIKE MCDONALD TREASURER 1.00 X X 0 0 0 JIM BETTENCOURT DIRECTOR 1.00 X 0 0 0 PAUL BORDEN DIRECTOR 1.00 X 0 0 0 AMY BROWN DIRECTOR 1.00 X 0 0 0 FRED FREEDMAN DIRECTOR 1.00 X 0 0 0 RICK GITTINGS DIRECTOR 1.00 X 0 0 0 DR ANDY JOHNSEN DIRECTOR 1.00 X 0 0 0 DARREN LEVITT DIRECTOR 1.00 X 0 0 0 ZACK NELSON DIRECTOR 1.00 X 0 0 0 KAMRON PALIZBAN DIRECTOR 1.00 X 0 0 0 RANDY WALTON DIRECTOR 1.00 X 0 0 0 KATIE YEE DIRECTOR 1.00 X 0 0 0 LISA STOUT EXECUTIVE DIRECTOR 40.00 X 158426 0 30428 SARA MONTOOTH PROGRAMS COORDINATOR 40.00 X 125236 0 24273 283662 0 54701 2 0 1 0 0 12781 197922 617471 828174 LEAP PROGRAM 909999 56916 56916 56916 1256 1256 747 0 747 747 747 7234 12781 19547 -12313 -12313 874780 56916 0 -10310 13193 13193 202831 141982 20283 40566 437382 271783 34655 130944 111416 67279 19007 25130 32692 25081 7611 512 512 13488 13488 60580 31762 28818 7970 2628 4675 667 2919 612 947 1360 SUPPLIES 46299 40245 5163 891 MISCELLANEOUS 26999 17032 9967 0 DUES AND SUBSCRIPTIONS 19682 10106 5573 4003 975963 621703 143088 211172 785695 558804 0 90687 60873 101132 846568 750623 233 669 233 669 X 771339 606422 74996 143532 846335 749954 846568 750623 -101183 4802 0 X 1 X 0 1 0 X 544693 627957 759373 1187675 828174 3947872 24000 24000 30000 30000 30000 138000 568693 651957 789373 1217675 858174 4085872 2117942 1967930 0 0 12740 0 1256 13996 0 0 0 1328 0 1328 1685 1685 4102881 448763 0.47960 0.36010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 60873 39087 6636 5121 343 101132 60417 7293 -6837 60873 40684 6993 12740 60417 0.87000 0.13000 1 0 0 JCF ENDOWMENT INVESTMENT 101132 F 101132 X PART V, LINE 4: TO BUILD A STRONG FINANCIAL FOUNDATION THAT WILL RESULTS IN UNRESTRICTED ANNUAL DIVIDENDS BY INVESTING A PERCENTAGE OF ALL MAJOR GIFTS INTO AN ENDOWMENT TO ESTABLISH LONGEVITY WITHIN THE ORGANIZATION. PART X, LINE 2: THE SAN MARCOS PROMISE IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. THE SAN MARCOS PROMISE HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. THE SAN MARCOS PROMISE MAY BE SUBJECT TO TAX ON INCOME WHICH IS NOT RELATED TO ITS EXEMPT PURPOSE. FOR THE YEARS ENDED JUNE 30, 2023, NO SUCH UNRELATED BUSINESS INCOME WAS REPORTED AND, THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE. PICKLE FOR THE PROMISE 20015 12781 7234 2800 2826 700 13221 20015 12781 7234 2800 2826 700 13221 19547 -12313 1 SCHOLARSHIPS 6 13193 PART I, LINE 2: PACE SCHOLARSHIPS, CSUSM TRACKS ELIGIBILITY AND PROVIDES US A LIST OF QUALIFYING STUDENTS. FOR THE COMMUNITY SCHOLARSHIP, WE HELP FACILITATE THE DISTRIBUTION OF THOSE FUNDS AS DIRECTED BY THE DIFFERENT FUNDERS. X 0 0 0 0 0 0 0 0 0 LISA STOUT EXECUTIVE DIRECTOR 156926 0 0 0 1500 0 28440 0 1988 0 188854 0 0 0 PART I, LINE 3 THE ORGANIZATION'S EXECUTIVE DIRECTOR IS PAID BY THE SAN MARCOS UNIFIED SCHOOL DISTRICT, AND UNRELATED ENTITY. THE ENTITIES HAVE A SIGNED MEMORANDUM OF UNDERSTANDING ON FILE. THE SAN MARCOS PROMISE REIMBURSES THE SAN MARCOS UNIFIED SCHOOL DISTRICT FOR THE EXECUTIVE DIRECTOR'S COMPENSATION. COMPENSATION WAS DETERMINED BY UNION CONTRACT. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE COMMITTEE WILL REVIEW FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15A AS OF 6.30.23, ALL KEY EMPLOYEES WERE SAN MARCOS UNIFIED SCHOOL DISTRICT EMPLOYEES THEREFORE SALARY WAS DETERMINED BY UNION CONTRACT. FORM 990, PART VI, SECTION C, LINE 19 NO OTHER DOCUMENTS AVAILABLE TO THE PUBLIC.