Nonprofit · EIN 46-5460510
SAN MARCOS PROMISE
Tax-exempt · SAN MARCOS, CA 92069
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,192,312 | $1,385,855 | -$193,543 | $587,069 | $106 | $586,963 |
| June 30, 2024 | 990 | $1,012,879 | $989,326 | $23,553 | $770,302 | $0 | $770,302 |
| June 30, 2023 | 990 | $874,780 | $975,963 | -$101,183 | $750,623 | $669 | $749,954 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,188,625
- of which government grants
- $45,000
- Program service revenue
- $0
- Investment income
- $3,687
- Net gain from sales of assets
- $1,241
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $228,940
- Other salaries and wages
- $728,085
- Salaries, compensation and benefits (total)
- $1,077,120
- Professional fundraising fees
- $0
- Program services (functional)
- $742,277
- Management and general (functional)
- $399,535
- Fundraising (functional)
- $244,043
Balance sheet and other
- Total assets, start of year
- $770,302
- Total assets, end of year
- $587,069
- Total liabilities, end of year
- $106
- Net assets, end of year
- $586,963
- Net assets without donor restrictions
- $571,067
- Net assets with donor restrictions
- $15,896
- Gross receipts
- $1,192,312
- Employees
- 14
- Volunteers
- 350
- Year formed
- 2014
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LISA STOUT | EXECUTIVE DIRECTOR Officer | 40 | $184,005 | $32,936 |
| SARA MONTOOTH | PROGRAMS COORDINATOR Highest-paid employee | 40 | $135,442 | $28,660 |
| RANDY WALTON | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| SHARON JENKINS | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| KARI PELTERS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MIKE MCDONALD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MEGAN AHN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARK RODRIGUEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRIS SUMMERS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MOROD SHAH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JESSICA GARCIA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ZACK NELSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FRED FREEDMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AMY BROWN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR ANDY JOHNSEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATIE YEE | DIRECTOR Trustee or director | 1 | $0 |
| KAMRON PALIZBAN | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LISA STOUT | EXECUTIVE DIRECTOR Officer | 40 | $178,612 | $36,853 |
| SARA MONTOOTH | PROGRAMS COORDINATOR Highest-paid employee | 40 | $136,085 | $28,731 |
| RANDY WALTON | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| SHARON JENKINS | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MIKE MCDONALD | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| PAUL BORDEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AMY BROWN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FRED FREEDMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RICK GITTINGS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR ANDY JOHNSEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ZACK NELSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KAMRON PALIZBAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KATIE YEE | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LISA STOUT | EXECUTIVE DIRECTOR Officer | 40 | $158,426 | $30,428 |
| SARA MONTOOTH | PROGRAMS COORDINATOR Highest-paid employee | 40 | $125,236 | $24,273 |
| JUSTIN MATSUSHITA | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| SHARON JENKINS | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MIKE MCDONALD | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JIM BETTENCOURT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PAUL BORDEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AMY BROWN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FRED FREEDMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RICK GITTINGS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR ANDY JOHNSEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DARREN LEVITT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ZACK NELSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KAMRON PALIZBAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RANDY WALTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KATIE YEE | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 255 PICO AVENUE STE 103, SAN MARCOS, CA 92069-3709
- In care of
- % RANDALL WALTON
- Mailing address (990-N for 2013)
- 338 Via Vera Cruz 250, San Marcos CA 92078
- Principal officer (990 for 2024)
- RANDY WALTON, 810 LOS VALLECITOS SUITE 213-214, SAN MARCOS, CA 92069
- Principal officer (990-N for 2013)
- John Forst, c/o 338 Via Vera Cruz 250, San Marcos CA 92078
- Signed the 990
- RANDY WALTON, CHAIR
- Phone
- (760) 402-9090
- Website
- HTTPS://WWW.PROJECTNEXT.ORG/
- Return prepared by
- ALDRICH CPAS AND ADVISORS LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 46-5460510 or by the name SAN MARCOS PROMISE.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
PROJECT NEXT TRANSFORMS HOW HIGH SCHOOL STUDENTS PREPARE FOR LIFE AFTER GRADUATION BY EMBEDDING CAREER READINESS AND WORKFORCE DEVELOPMENT DIRECTLY ON CAMPUS THROUGH FUTURE CENTERS. IN PARTNERSHIP WITH SCHOOL DISTRICTS AND MORE THAN 400 LOCAL PROFESSIONALS AND BUSINESSES, WE EQUIP STUDENTS WITH THE CLARITY, CONFIDENCE, AND CONNECTIONS NEEDED TO TRANSITION SUCCESSFULLY INTO HIGHER EDUCATION, CAREER TRAINING, MILITARY SERVICE, OR LIVING WAGE EMPLOYMENT.
Program accomplishments
- PROJECT NEXT OPERATES FIVE ON CAMPUS FUTURE CENTERS SERVING HIGH SCHOOL STUDENTS ACROSS SAN MARCOS AND ESCONDIDO. THESE CENTERS FUNCTION AS YEAR-ROUND, HIGH TOUCH WORKFORCE READINESS HUBS EMBEDDED WITHIN PARTNER SCHOOLS. DURING THE FISCAL YEAR: STUDENTS VISITED FUTURE CENTERS MORE THAN 5,300 TIMES. CAREER COACHES DELIVERED OVER 1,300 INDIVIDUALIZED COACHING SESSIONS TO NEARLY 900 STUDENTS. 470 STUDENTS COMPLETED THE SUPERSTRONG INTEREST ASSESSMENT TO ALIGN STRENGTHS WITH CAREER PATHWAYS. 392 STUDENTS COMPLETED FAFSA OR CADAA APPLICATIONS WITH DIRECT SUPPORT. MORE THAN 2,400 STUDENT TOUCHPOINTS WERE GENERATED THROUGH 90 CAREER READINESS EVENTS. OVER 400 PROFESSIONALS REPRESENTING 130 PLUS COMPANIES ENGAGED DIRECTLY WITH STUDENTS.EQUITY IS CENTRAL TO OUR MODEL. AMONG PARTICIPANTS IN OUR STRUCTURED COHORT PROGRAMS: 85 PERCENT WERE SOCIOECONOMICALLY DISADVANTAGED. 64 TO 78 PERCENT WERE FIRST GENERATION COLLEGE BOUND. UP TO 92 PERCENT IDENTIFIED AS STUDENTS OF COLOR.FOCUSED FUTURES, OUR TWO-YEAR COLLEGE AND CAREER EXPLORATION PROGRAM, SERVED 109 STUDENTS. SEVENTY FIVE PERCENT COMPLETED THE YEAR WITH A DEFINED POST-GRADUATION PLAN AND 72 PERCENT ARE PURSUING HIGHER EDUCATION OR CAREER TRAINING.XCELERATE WORKFORCE PATHWAY SERVED 83 STUDENTS WHO WERE NOT INITIALLY PLANNING TO PURSUE COLLEGE. BY YEAR END, 87 PERCENT HAD APPLIED TO OR ENROLLED IN POSTSECONDARY EDUCATION, CAREER TRAINING, MILITARY SERVICE, OR EMPLOYMENT PATHWAYS WITH STRONGER WAGE AND GROWTH POTENTIAL.THROUGH INTERVIEW SKILLS DAY, SKILLSHOPS, CAREER CHATS, COMPANY SITE VISITS, AND REGIONAL CONNECT TO CAREERS EVENTS, STUDENTS GAINED PRACTICAL EXPERIENCE IN NETWORKING, INTERVIEWING, FINANCIAL LITERACY, AND PROFESSIONAL COMMUNICATION.PROJECT NEXT ALIGNS EDUCATION WITH INDUSTRY TO STRENGTHEN THE NORTH COUNTY TALENT PIPELINE. OUR CROSS-SECTOR MODEL ENSURES STUDENTS GRADUATE NOT ONLY WITH A DIPLOMA, BUT WITH A VIABLE, INFORMED PATHWAY TOWARD ECONOMIC MOBILITY.DURING THE 2023 FISCAL YEAR, THE SAN MARCOS PROMISE REBRANDED AS PROJECT NEXT TO REFLECT THE EXPANSION OF ITS MISSION, GEOGRAPHY, AND SERVICES. THE ORGANIZATION RETAINED ITS ORIGINAL EIN AND LEGAL ENTITY STATUS. THE REBRAND ALIGNS WITH A BROADER REGIONAL FOOTPRINT AND AN EVOLVED STRATEGIC FOCUS ON SYSTEMIC COLLEGE AND CAREER READINESS. ORIGINALLY FOUNDED IN 2014 TO ADMINISTER THE PACE PROMISE SCHOLARSHIP PROGRAM, THE ORGANIZATION SHIFTED ITS STRATEGY IN 2019 TO ESTABLISH ON CAMPUS FUTURE CENTERS WITHIN SAN MARCOS UNIFIED SCHOOL DISTRICT HIGH SCHOOLS. RECOGNIZING THE NEED FOR EARLIER AND MORE COMPREHENSIVE INTERVENTION, THE ORGANIZATION EXPANDED INTO ESCONDIDO UNION HIGH SCHOOL DISTRICT AND NOW OPERATES FIVE FUTURE CENTERS ACROSS MULTIPLE DISTRICTS. THE NAME PROJECT NEXT REFLECTS THE ORGANIZATION'S EXPANDED REGIONAL REACH AND ITS COMMITMENT TO HELPING STUDENTS IDENTIFY AND PURSUE THEIR NEXT BEST STEP AFTER GRADUATION. NO STRUCTURAL OR GOVERNANCE CHANGES ACCOMPANIED THE REBRAND.Expenses $742,277
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 46-5460510
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $587,069
- Income (IRS master file)
- $1,192,312
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,192,312 | $1,385,855 | $587,069 | XML |
| 990 | June 2024 | $1,012,879 | $989,326 | $770,302 | IRS |
| 990 | June 2023 | $874,780 | $975,963 | $750,623 | XML |
| 990 | June 2022 | $1,214,325 | $991,431 | $846,568 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990-N for 2013 Officer: John Forst | June 30, 2014 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-5460510).
Questions about SAN MARCOS PROMISE
- What is the EIN of SAN MARCOS PROMISE?
- The employer identification number (EIN) of SAN MARCOS PROMISE is 46-5460510.
- Is SAN MARCOS PROMISE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to SAN MARCOS PROMISE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SAN MARCOS PROMISE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SAN MARCOS PROMISE due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SAN MARCOS PROMISE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of SAN MARCOS PROMISE?
- The 990 for the year ended June 30, 2025 names RANDY WALTON.
- Who are the officers and directors of SAN MARCOS PROMISE?
- The 990 for the year ended June 30, 2025 lists 17 people; 2 received compensation from the organization, the highest $184,005 (LISA STOUT, EXECUTIVE DIRECTOR).
- How much revenue does SAN MARCOS PROMISE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,192,312, expenses of $1,385,855 and total assets of $587,069 at year end.
Other nonprofits in SAN MARCOS
- CALIFORNIA STATE UNIVERSITY SAN MARCOS CORPORATION EIN 33-0397688 · last filed 990 for 2025
- UNIVERSITY OF SAINT KATHERINE EIN 27-2912448 · last filed 990-N for 2023
- SAINT JOSEPH ACADEMY EIN 33-0643364 · last filed 990 for 2025
- BAYPOINT PREPARATORY ACADEMY EIN 47-4018061 · last filed 990 for 2025
- ASSOCIATED STUDENTS OF CALIFORNIA STATE UNIVERSITY SAN MARCOS EIN 33-0556915 · last filed 990 for 2025
- PALOMAR COLLEGE FOUNDATION EIN 95-6094128 · last filed 990 for 2025
- CALVARY ONLINE SCHOOL EIN 46-3110493 · last filed 990 for 2025
- THE LEGACY HOMESCHOOL ALLIANCE EIN 88-3635695 · last filed 990 for 2026