PROMISES2KIDS FOUNDATION (EIN 953655288) - Form 990 Financial Analysis & Trantor Score

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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

1981

Legal Domicile

Principal Officer

TONYA TOROSIAN

Phone

8582784400

Tax Period

2024-07-01 to 2025-06-30

PROMISES2KIDS FOUNDATION, founded in 1981, is a community nonprofit that reported $7.2M in total revenue in fiscal year 2024. Expenses of $10.1M exceeded revenue, resulting in a 41% operating deficit.

Mission

CREATING A BRIGHTER FUTURE FOR FOSTER CHILDREN

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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 $6,223,218

Program Service Revenue $0

Investment Income $290,984

Other Revenue $647,274

TOTAL REVENUE $7,161,476

Expense Breakdown

Grants Paid $1,530,351

Salaries & Benefits $5,083,930

Fundraising Expenses $1,931,047

Program Expenses $7,876,996

Other Expenses $3,470,717

TOTAL EXPENSES $10,084,998

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,161,476	$7,007,937	+0.0%
Expenses	$10,084,998	$9,564,576	+0.1%
Net Income	$-2,923,522	$-2,556,639	+0.1%

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

1048

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

$610,671

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRETT PERNICANO	BOARD CHAIR	0.69	Officer Director	$0	$0	$0
DANIELLE C HUMPHRIES	BOARD VICE CHAIR	0.27	Officer Director	$0	$0	$0
JOAN WAITT	EXECUTIVE COMMITTEE MEMBER AT LARGE	0.30	Officer Director	$0	$0	$0
PAUL ZAMORA	IMMEDIATE PAST CHAIR	0.59	Officer Director	$0	$0	$0
EMILY GREEN LAKE	SECRETARY	0.41	Officer Director	$0	$0	$0
ANDREW BOLINGER	TREASURER	0.55	Officer Director	$0	$0	$0
ABDI YUSUF	MEMBER AT-LARGE	0.34	Director	$0	$0	$0
ARIANNE BETTAZZI	MEMBER AT-LARGE	0.30	Director	$0	$0	$0
CARRIE MILLER	MEMBER AT-LARGE	0.40	Director	$0	$0	$0
DUSTIN TENBROECK	MEMBER AT-LARGE	0.44	Director	$0	$0	$0
MARK WILLS	MEMBER AT-LARGE	0.32	Director	$0	$0	$0
MIA PARK	MEMBER AT-LARGE	0.34	Director	$0	$0	$0
PURVI MEHRA	MEMBER AT-LARGE	0.34	Director	$0	$0	$0
STEVE WALTON	MEMBER AT-LARGE	0.36	Director	$0	$0	$0
ELBA GOMEZ	MEMBER AT-LARGE	0.22	Director	$0	$0	$0
ALEXIS VILLANUEVA	MEMBER AT-LARGE	0.22	Director	$0	$0	$0
JAYE-CONNOLLY LABELLE	MEMBER AT-LARGE (TERM. 12/2024)	0.14	Director	$0	$0	$0
KAREN SEDGWICK	MEMBER AT-LARGE (TERM. 12/2024)	0.12	Director	$0	$0	$0
LYNNE DOYLE	MEMBER AT-LARGE (TERM. 2/2025)	0.12	Director	$0	$0	$0
TONYA TOROSIAN	CEO	40.00	Officer	$338,512	$26,353	$364,865
STEPHANIE ORTEGA	CHIEF OPERATIONS OFFICER	40.00	Officer	$226,160	$19,646	$245,806
JAMES SISON	PHILANTHROPY OFFICER	40.00	Highest	$120,000	$13,145	$133,145
MELISSA NICHOLS	CONTROLLER	40.00	Highest	$116,327	$9,791	$126,118
AMANDA BAUMANN	TITLE	40.00	Highest	$118,515	$11,475	$129,990
LAUREN HUGHEY	TITLE	40.00	Highest	$137,556	$10,888	$148,444
LISA CASHMAN	TITLE	40.00	Highest	$121,108	$15,925	$137,033

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	$7,161,476	$10,084,998	$17,257,749	$-2,923,522
2024	$7,007,937	$9,564,576	$18,698,226	$-2,556,639
2023	$9,405,403	$8,020,515	$19,906,757	$1,384,888
2022	$10,317,382	$6,601,011	$17,939,955	$3,716,371
2021	$8,135,015	$5,600,282	$16,452,558	$2,534,733
2020	$8,650,009	$5,603,174	$11,710,069	$3,046,835
2019	$5,658,227	$5,234,256	$11,886,152	$423,971
2019	$5,658,227	$5,234,256	$11,886,152	$423,971

PROMISES2KIDS FOUNDATION