Public Charity

PROMISING FUTURES INC

PROMISING FUTURES INC is a nonprofit organization categorized as Public Charity based in EL CAJON, CA. Its most recent IRS filing (2024) reports revenue of $3.3M, expenses of $3.5M, total assets of $3.1M.

EIN: 954000408 EL CAJON, CA Residential Care & Adult Day Programs NTEE: P70 Latest filing: 2024
Total Revenue$3.3M
Total Expenses$3.5M
Total Assets$3.1M
Grant Records0
Filing Years2019–2024

Mission

PROVIDE HOUSING AND RESIDENTIAL SERVICES FOR THE DEVELOPMENTALLY DISABLED

Where $100 goes at Promising Futures Inc

How Promising Futures Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$85 Programs the work itself
$15 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $85 for programs

$85
Provide housing and residential services for the developmentally disabled
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Elaine O'coyne
PROGRAM INSTRUCTOR Eric King
CEO / Vice President Gina Parra
Director Heather Sossong
Director James Todd Lester
Secretary Jenny Valencia

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $3.3M $3.5M $3.1M
2023 $4.0M $3.2M $3.6M
2022 $2.9M $3.0M $2.9M
2020 $3.0M $2.6M $2.8M
2019 $2.7M $2.7M $2.6M

Between 2019 and 2024, reported annual revenue grew from $2.7M to $3.3M (+23%), with total assets most recently reported at $3.1M.

Interactive year-over-year charts and full filing details available with membership.

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