Promising Futures Inc
Donations deductibleRevenue
$3.3m
year to 31 December 2024
Expenses
$3.5m
year to 31 December 2024
Total assets
$3.1m
$1.5m liabilities
Net assets
$1.6m
assets less liabilities
Directors and trustees
9
6.5 years on average
Staff
55
employees, year to 31 December 2024
Left since last filing
0
no seats appear to have opened
Voting members
9
reported in Part VI
Promising Futures Inc's network
9 people4 organisationsi9 people and 4 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (9). Violet dotted lines (5) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
9 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 9 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Elaine O'Coyne | Director | 2022 | 4 yrs |
| Gina Parra | Vice President | 2022 | 4 yrs |
| Heather Sossong | Director | 2019 | 7 yrs |
| James Todd Lester | Director | 2018 | 8 yrs |
| Jenny Valencia | Company secretary | 2022 | 4 yrs |
| Lynn Armstrong | Director | 2022 | 4 yrs |
| Martha Morrissey | President | 2018 | 8 yrs |
| Michael Butcher | Director | 2018 | 8 yrs |
| Nathan Craig | Director | 2018 | 8 yrs |
Under 5 years5 to 6 years6 years or more
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Eric King | Program Instructor | 40 | $188k | $7k | |
| Gina Parra | CEO | 40 | $137k | $7k | |
| Martha Morrissey | CFO | 50 | $13k | $6k | |
| Martha Morrissey | President | 1 | $0 | ||
| Jenny Valencia | Secretary | 1 | $0 | ||
| Michael Butcher | Director | 1 | $0 | ||
| Elaine O'coyne | Director | 1 | $0 | ||
| Lynn Armstrong | Director | 1 | $0 | ||
| Heather Sossong | Director | 1 | $0 | ||
| James Todd Lester | Director | 1 | $0 | ||
| Gina Parra | Vice President | 1 | $0 |
About
- Legal name
- Promising Futures Inc
- EIN
- 954000408
- Address
- 109 E Lexington Ave, El Cajon, CA, 92020-4516
- State
- California
- Mission
- Provide housing and residential services for the developmentally disabled (as filed on the Form 990)
- Activity (NTEE)
- P700 Human services
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Human Services
- Size band
- 6 (IRS master file code)
- Formed
- 1995
- IRS ruling date
- 1 April 1986
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 5, latest 2023
- IRS Publication 78
- PC (contributions deductible)
Most connected
Related organisations (Schedule R)
Longest observed on the filings
≥8years on the filingsJames Todd Lester
≥8years on the filingsMartha Morrissey
≥8years on the filingsMichael Butcher
≥8years on the filingsNathan Craig
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $3.1m
- Total liabilities
- $1.5m
- Net assets or fund balances
- $1.6m
- Contributions and grants received
- $22k
- Program service revenue
- $3.2m
- Employees
- 55