Overview
What is Marin Promise Partnership?
Marin Promise Partnership is a collaborative nonprofit initiative based in San Rafael, California, with a vision to bridge educational equity gaps by 2028. The partnership involves over 100 school districts, community members, nonprofits, funders, businesses, and government agencies, working together to enhance future readiness for students, regardless of their racial, ethnic, or financial backgrounds. The initiative focuses on strategies such as improving communication about future readiness requirements, implementing collaborative support for LCAP/Blueprint action items, improving financial aid infrastructure, enhancing transitions to post-secondary programs, and increasing early, collaborative intervention support. With a strong commitment to collective impact and an antiracist stance, the partnership aims to break down barriers, build relationships, change systems, and ultimately improve lives.
Official website here: www.marinpromisepartnership.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 90% (Four-Star out of Four Star rating)
Marin Promise Partnership has demonstrated strong accountability and financial management, as reflected in its high overall score of 90%, which qualifies it for a Four-Star rating. The organization excels in maintaining an independent board, with all members meeting the criteria for independence. Additionally, it has implemented solid policies regarding conflicts of interest and whistleblower protections, contributing to a transparent governance structure.
Financially, the organization shows a commendable commitment to its mission, with a program expense ratio of 71.80%, indicating that a significant portion of its funds supports its programs directly. Its fundraising efficiency is also impressive, with only $0.06 spent to raise each dollar, showcasing effective fundraising strategies. Furthermore, the low liabilities to assets ratio of 9.02% and a working capital ratio of 1.45 years indicate a stable financial position.
Overall, Marin Promise Partnership's strong performance in both accountability and financial efficiency highlights its commitment to responsible management and impact. While specific areas for improvement are not noted, maintaining these high standards will be crucial as the organization continues to grow and serve its community.
This AI summary has been generated from information found on Charity Navigator.
Is Marin Promise Partnership legitimate?
Marin Promise Partnership is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marin Promise Partnership submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $141,940
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,089,433
For more financial information, click here
Official website here: www.marinpromisepartnership.org
What is the mission statement of Marin Promise Partnership?
The Marin Promise Partnership, comprising over 100 educational institutions, community members, non-profit organizations, funders, businesses, and government agencies, has pledged to close educational equity gaps at every stage of a student's journey from cradle to career by 2028. To achieve this goal, they have formed a county-wide, cross-sector partnership, leveraging the StriveTogether Collective Impact Framework and taking an antiracist stance to dismantle barriers, foster relationships, transform systems, and enhance lives. The partnership's backbone staff supports this collaborative effort, working together to break down barriers and improve opportunities for all students.
Official website here: www.marinpromisepartnership.org
Who is the CEO of Marin Promise Partnership?
Ann Mathieson is the Ceo of Marin Promise Partnership. The CEO's salary of Marin Promise Partnership is $142,654 and their total compensation is $164,052.
Official website here: www.marinpromisepartnership.org
What is the revenue of Marin Promise Partnership?
Marin Promise Partnership's revenue in 2022 was $2,163,860.
Official website here: www.marinpromisepartnership.org
Who are the executives of Marin Promise Partnership and what are their salaries?
The average compensation at Marin Promise Partnership during 2022 was $102,614. There are 12 employees and 11 volunteers at Marin Promise Partnership.
Here are 12 key members and their salaries (Marin Promise Partnership's CEO's salary is $142,654 and their total compensation is $164,052):
- Compensation: $142,654
- Related: $0
- Other: $21,398
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.marinpromisepartnership.org
Where can I find the form 990 for Marin Promise Partnership?
Marin Promise Partnership's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.marinpromisepartnership.org
Learn more at the official website: www.marinpromisepartnership.org
Mission Statement of Marin Promise Partnership
Marin Promise Partnership, a collaborative effort involving over 100 school districts, community members, nonprofits, funders, businesses, and government agencies, has pledged to bridge educational equity gaps at every stage of a student's journey from cradle to career. This county-wide, cross-sector partnership, backed by the Partnership's backbone staff, utilizes the nationally recognized StriveTogether Collective Impact Framework. By adopting an antiracist stance, the partners aim to dismantle barriers, foster relationships, alter systems, and ultimately enhance lives. Their ultimate objective is to achieve educational equality by 2028.
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Impact
July, 2024
Marin Promise Partnership is actively working towards closing educational equity gaps at every stage along students' cradle-to-career journey by 2028. Over 100 school districts, community members, funders, businesses, and government agencies have come together in this county-wide, cross-sector partnership. Using the nationally recognized StriveTogether collective impact framework and with the support of dedicated backbone staff, the partnership is taking an antiracist stance to break down barriers, build relationships, change systems, and improve lives. Through initiatives like the Future Ready Initiative, focusing on readiness plans, policies and practices, financial aid, bridging and belonging, and success networks, Marin Promise Partnership is striving to prepare all students, regardless of background, for success in high school and postsecondary education.
This information is meant to be a general summary of Marin Promise Partnership. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $554
- Program Service Revenue: $127,057
- Gross Receipts: $2,163,860
Assets and Liabilities:
- Total Assets: $1,812,819
- Total Liabilities: $79,122
- Net Assets: $1,733,697
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTNERSHIP
Revenue
$127,057
Organization Details
Founding Year
2019
Phone
(415) 294-1502Principal Officer
Ann Mathieson
Main Address
101 LUCAS VALLEY RD SUITE 360, SAN RAFAEL, CA, 94903
NTEE Category
Code: B90 - Education
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