OAKLAND PROMISE

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

ADAM BERKE

Phone

5108586054

Tax Period

2024-07-01 to 2025-06-30

OAKLAND PROMISE, founded in 2002, is a mid-sized nonprofit in the Education sector that reported $17.8M in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Net assets of $82.4M represent 55 months of operating reserves.

Mission

OUR VISION: A THRIVING OAKLAND COMMUNITY WITHOUT BARRIERS TO EDUCATIONAL OPPORTUNITY.OUR MISSION: ENGAGING THE OAKLAND COMMUNITY TO ADVANCE EQUITY AND ECONOMIC MOBILITY THROUGH CRADLE TO COLLEGE AND CAREER ACHIEVEMENT.

Program Service Accomplishments

Program 1

Expenses: $14,644,203

OAKLAND PROMISE SUPPORTS YOUNG LEARNERS (FROM NEWBORNS TO COLLEGE STUDENTS) AND THEIR FAMILIES WHO RESIDE IN OAKLAND. OAKLAND PROMISE OFFERS EVERY CHILD FINANCIAL RESOURCES, EDUCATIONAL PROGRAMMING, MENTORSHIP, AND A SUPPORTIVE COMMUNITY TO HELP THEM AND THEIR FAMILIES THRIVE IN HIGHER EDUCATION AND THE CAREER OF THEIR CHOOSING. OUR MISSION IS TO ENGAGE THE OAKLAND COMMUNITY TO ADVANCE EQUITY AND ECONOMIC MOBILITY THROUGH CRADLE-TO-COLLEGE-AND-CAREER ACHIEVEMENT. OAKLAND PROMISE LEADS KEY PROGRAMMING INCLUDING, EARLY LEARNING (BRILLIANT BABY), K12 SERVICES, COLLEGE & CAREER WORK, EAST OAKLAND PROMISE NEIGHBORHOOD INITIATIVE AND NOW WEALTH BUILDS OAKLAND; TOGETHER, THEY ARE DESIGNED TO REMOVE STRUCTURAL BARRIERS AND FOSTER INTERGENERATIONAL SOCIAL AND ECONOMIC MOBILITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $16,967,139

Program Service Revenue $0

Investment Income $865,419

Other Revenue $0

TOTAL REVENUE $17,832,558

Expense Breakdown

Grants Paid $2,819,106

Salaries & Benefits $6,626,979

Fundraising Expenses $347,676

Program Expenses $14,644,203

Other Expenses $8,170,082

TOTAL EXPENSES $17,616,167

Year-over-Year Comparison

	2024	2023	Change
Revenue	$17,832,558	$20,733,051	-0.1%
Expenses	$17,616,167	$15,936,021	+0.1%
Net Income	$216,391	$4,797,030	-1.0%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

Volunteers

280

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$1,005,583

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SANDRA ERNST	CEO	40.00	Officer	$342,545	$39,425	$381,970
MICHAEL MCAFEE	BOARD PRESIDENT	5.00	Officer Director	$0	$0	$0
SUSAN STUTZMAN	BOARD VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
JAMES HARRISON	SECRETARY	5.00	Officer Director	$0	$0	$0
SETH HAMALIAN	TREASURER	5.00	Officer Director	$0	$0	$0
ROBERT STARK	DIRECTOR	5.00	Officer Director	$0	$0	$0
KIM THOMPSON	DIRECTOR	1.00	Officer Director	$0	$0	$0
ROSAURA M ALTAMIRANO	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA FREMDER	DIRECTOR	1.00	Director	$0	$0	$0
COLIN LACON	DIRECTOR	1.00	Director	$0	$0	$0
TOMIQUIA MOSS	DIRECTOR	1.00	Director	$0	$0	$0
MARIA PIRNER	DIRECTOR	1.00	Director	$0	$0	$0
SUSIE PONCELET	DIRECTOR	1.00	Director	$0	$0	$0
RIAZ TAPLIN	DIRECTOR	1.00	Director	$0	$0	$0
JOEL MACKEY	DIRECTOR	1.00	Director	$0	$0	$0
KYLA JOHNSON-TRAMMELL	DIRECTOR	1.00	Director	$0	$0	$0
CARL WASHINGTON	DIRECTOR	1.00	Director	$0	$0	$0
STEPHANIE ISAACSON	DIRECTOR	1.00	Director	$0	$0	$0
ANNE CAMPBELL WASHINGTON	DIRECTOR	1.00	Director	$0	$0	$0
ADAM BERKE	CHIEF FINANCIAL OFFICER	40.00	Officer	$189,761	$21,446	$211,207
VEENA PATHIPARAMPIL PAWLOSKI	CHIEF PROGRAM OFFICER	40.00	Officer	$193,976	$29,737	$223,713
ARBOUR DECKER	CHIEF DEVELOPMENT OFFICER	40.00	Officer	$167,876	$20,817	$188,693
LAUREN REED	DIRECTOR OF IMPACT & EVALUATION	40.00	Highest	$155,504	$4,678	$160,182
JOSE DURAN AVALOS	DIRECTOR OF COLLEGE AND CAREER	40.00	Highest	$142,583	$14,257	$156,840
PETER HAVILAND-EDUAH	DIRECTOR OF COMMUNICATIONS	40.00	Highest	$138,426	$4,080	$142,506
JOCELYN KELLEHER	DIRECTOR OF EARLY LEARNING	40.00	Highest	$133,079	$27,393	$160,472
EKATERINA KIRIAN	CONTROLLER	40.00	Highest	$121,145	$23,865	$145,010

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$17,832,558	$17,616,167	$93,780,613	$216,391
2024	$20,733,051	$15,936,021	$85,025,709	$4,797,030
2023	$13,469,101	$16,374,748	$74,037,520	$-2,905,647
2022	$17,084,213	$10,019,042	$69,217,814	$7,065,171
2021	$12,909,253	$9,930,475	$68,106,846	$2,978,778
2021	$12,645,124	$9,930,951	$67,897,021	$2,714,173
2020	$23,687,916	$8,266,885	$56,769,938	$15,421,031
2020	$20,798,673	$8,257,295	$34,542,676	$12,541,378
2018	$5,124,166	$3,606,303	$15,305,840	$1,517,863
2017	$6,266,085	$3,512,873	$13,685,501	$2,753,212