PROMISES2KIDS FOUNDATION

EIN: 953655288 501(c)(3)

SAN DIEGO, CA

Total Revenue
$7,161,476
Total Expenses
$10,084,998
Total Assets
$17,257,749
Net Assets
$16,702,732
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
CA
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.

Program Service Accomplishments

Program 1
Expenses: $7,876,996

THE FOLLOWING IS A BRIEF DESCRIPTION OF THE FOUNDATION'S PROGRAMS:A.B. AND JESSIE POLINSKY CHILDREN'S CENTER - PREVIOUSLY THE FOUNDATION RAISED $12 MILLION TO BUILD THE A.B.AND JESSIE POLINSKY...

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THE FOLLOWING IS A BRIEF DESCRIPTION OF THE FOUNDATION'S PROGRAMS:A.B. AND JESSIE POLINSKY CHILDREN'S CENTER - PREVIOUSLY THE FOUNDATION RAISED $12 MILLION TO BUILD THE A.B.AND JESSIE POLINSKY CHILDREN'S CENTER (THE POLINSKY CENTER), SAN DIEGO COUNTY'S EMERGENCY SHELTER FOR ABUSED AND NEGLECTED CHILDREN. IN OCTOBER 1994, THE FOUNDATION DEEDED THE FACILITY TO THE COUNTY. THE POLINSKY CENTER OFFERS A FULL RANGE OF ASSESSMENT AND CARE PROGRAMS TO MORE THAN 1,000 CHILDREN EVERY YEAR. THE FOUNDATION CONTINUES TO SUPPORT THE POLINSKY CENTER BY RAISING FUNDS FOR THE URGENT AND LONG-TERM NEEDS OF THE YOUNG RESIDENTS DURING THEIR STAY. THE FOLLOWING ARE JUST A FEW EXAMPLES OF THE PROGRAMS AND PROJECTS AT THE POLINSKY CENTER SUPPORTED BY THE FOUNDATION DURING THE YEAR ENDED JUNE 30, 2025. SEE SCHEDULE O FOR ADDITIONAL DETAILS. KIDSTART YOUTH2YOUTH ADVOCATES PROGRAM PET THERAPY PROGRAM HEALTH, RECREATION, AND WELLNESS PROGRAMGUARDIAN SCHOLARS - GUARDIAN SCHOLARS IS A SCHOLARSHIP AND SUPPORT PROGRAM THAT WAS ESTABLISHED TO ASSIST CURRENT AND FORMER FOSTER YOUTH TO FURTHER THEIR EDUCATION OR PREPARE FOR A CAREER AND BECOME SUCCESSFUL, INDEPENDENT ADULTS. THE PROGRAM IS MUCH MORE THAN JUST FINANCIAL AID - IT IS AN INVESTMENT IN THE FUTURE OF EACH INDIVIDUAL RECIPIENT. GUARDIAN SCHOLARS PROVIDES MULTIFACETED SUPPORT THROUGH MENTORING, CAREER AND VOCATIONAL TRAINING, TUTORING, COLLEGE PLANNING, FINANCIAL AID, COLLEGE APPLICATION WORKSHOPS, AND CASE MANAGEMENT.CAMP CONNECT - THE FOUNDATION PROVIDES SIBLINGS IN FOSTER CARE, WHO ARE PLACED IN SEPARATE HOMES, THE OPPORTUNITY TO RECONNECT THROUGH A FOUR-DAY SUMMER CAMP, AS WELL AS RECREATIONAL AND EDUCATIONAL DAY CAMP ACTIVITIES THROUGHOUT THE YEAR. CAMP CONNECT ALLOWS BROTHERS AND SISTERS TO MAINTAIN CRITICAL RELATIONSHIPS AND GAIN SUPPORT FROM EACH OTHER DURING THIS DIFFICULT TIME. THIS PROGRAM IS A PARTNERSHIP WITH HEALTH & HUMAN SERVICES AGENCY OF SAN DIEGO COUNTY.FOSTER FUNDS - THE FOUNDATION UNDERSTANDS THAT FOSTER CHILDREN OFTEN FEEL ALONE AND ISOLATED. THEY MAY GO WITHOUT SIMPLE PLEASURES OF CHILDHOOD SUCH AS BIRTHDAY GIFTS, CAP AND GOWN FOR GRADUATION, A SPORTS UNIFORM OR A MUSICAL INSTRUMENT. WE ENSURE FOSTER CHILDREN KNOW THAT THEY TOO ARE HEARD, SPECIAL AND DESERVING. THE FOUNDATION HAS SPECIAL FUNDS SET UP TO SUPPORT THESE NEEDS NOT MET THROUGH TYPICAL FUNDING, WHICH INCLUDE SOMETHING SPECIAL FUND, BIRTHDAY CLUB, AND COMMUNITY DRIVES.

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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%)

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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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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
93
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
8
$610,671
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
5
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
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