SAN MARCOS, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE SAN MARCOS PROMISE, founded in 2014, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $1.4M exceeded revenue, resulting in a 16% operating deficit.
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.
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...
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.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,192,312 | $1,012,879 | +0.2% |
| Expenses | $1,385,855 | $989,326 | +0.4% |
| Net Income | $-193,543 | $23,553 | -9.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| RANDY WALTON | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SHARON JENKINS | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KARI PELTERS | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MIKE MCDONALD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MEGAN AHN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARK RODRIGUEZ | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRIS SUMMERS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MOROD SHAH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JESSICA GARCIA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ZACK NELSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| FRED FREEDMAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| AMY BROWN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DR ANDY JOHNSEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KATIE YEE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KAMRON PALIZBAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LISA STOUT | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$184,005 | $32,936 | $216,941 |
| SARA MONTOOTH | PROGRAMS COORDINATOR | 40.00 |
Highest
|
$135,442 | $28,660 | $164,102 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,192,312 | $1,385,855 | $587,069 | $-193,543 |
| 2024 | $1,012,879 | $989,326 | $770,302 | $23,553 |
| 2023 | $874,780 | $975,963 | $750,623 | $-101,183 |
| 2022 | $1,214,325 | $991,431 | $846,568 | $222,894 |
| 2021 | $841,066 | $574,446 | $694,752 | $266,620 |
| 2020 | $702,375 | $749,556 | $368,412 | $-47,181 |
| 2019 | $769,202 | $581,223 | $408,839 | $187,979 |
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