Form 990 for tax year 2024
Filed by MIRAMAR COLLEGE FOUNDATION INC.
Totals
- Total revenue
- $399,347
- Total expenses
- $386,225
- Contributions and grants received
- $390,523
- Grants paid
- $254,267
- Program service revenue
- $0
- Investment income
- $9,857
- Other revenue
- -$1,033
- Total assets, end of year
- $955,678
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $955,678
- Program services expenses (Part IX)
- $371,656
- Management and general expenses
- $6,176
- Fundraising expenses
- $8,393
- Program service expenses (Part III)
- $371,656
Program services were 96.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$52,870
-
1f · All other contributions, gifts and grants
$337,653
-
1g · Noncash contributions included above
$8,393
-
3 · Investment income
total $9,857 · excluded $9,857
-
8a · Fundraising events: gross income
$14,103
-
8a · Fundraising events: contributions included on line 1c
$52,870
-
8b · Fundraising events: direct expenses
$15,136
-
8c · Net income from fundraising events
total -$1,033 · excluded -$1,033
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $10,000 · program services $10,000
-
2 · Grants to domestic individuals
total $244,267 · program services $244,267
-
24a · Other expenses: Other Program Services
total $117,389 · program services $117,389
-
24b · Other expenses: In Kind Donations
total $8,393 · fundraising $8,393
-
24e · All other expenses
total $6,176 · management and general $6,176
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $459,395 · end of year $162,443
-
2 · Savings and temporary cash investments
beginning of year $439,941 · end of year $307,743
-
4 · Accounts receivable
beginning of year $20,250 · end of year $15,770
-
9 · Prepaid expenses and deferred charges
beginning of year $8,000 · end of year $4,900
-
15 · Other assets
beginning of year $0 · end of year $464,822
-
27 · Net assets without donor restrictions
beginning of year $584,005 · end of year $699,939
-
28 · Net assets with donor restrictions
beginning of year $343,581 · end of year $255,739
Mission and programs · 2024
Mission
The Miramar College Foundation collaborates with San Diego Miramar College to empower students to overcome barriers to achieve their educational goals and to thrive in their future lives.
Activities or mission (Part I)
Promote Miramar College in the community and supplement its educational programs and activities.
-
The Foundation granted scholarships and awards to students based on academic criteria and recommendations.
Expenses $118,216 · Grants $118,216
-
The Foundation provides direct financial support through various grants assisting students with the class certificates and licensing required after class completion. Approximately 420 students were assisted with the grants.
Expenses $126,051 · Grants $126,051
-
The Foundation removes barriers to student access through programming including student engagement, recognition and community building activities and basic needs assistance. By addressing these critical areas, the Foundation empowers students to succeed academically and personally, ensuring they have the tools and stability needed to thrive.
Expenses $127,389 · Grants $10,000
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Rene McKee
President (April-June)
- Total calculated
- $0
- Hours/week
- 1
-
Don Boas
President (June-March)
- Total calculated
- $0
- Hours/week
- 1
-
Lily Cava
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Brett Bell
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Lisa Cole-Jones
College Director
- Total calculated
- $201,547
- From this org
- $137,024
- From related orgs
- $0
- Other
- $64,523
- Hours/week
- 20
Schedule J breakdown matched by us
- Base
- $137,024
- Bonus
- $0
- Other
- $0
- Deferred
- $36,215
- Nontaxable benefits
- $28,308
- Filer's total
- $201,547
-
Roberta Baade
Director
- Total calculated
- $0
- Hours/week
- 1
-
Paul Johnson
Director (April-June)
- Total calculated
- $0
- Hours/week
- 1
-
Hailey Hua
Director
- Total calculated
- $0
- Hours/week
- 2
-
Dawn Diskin
Director
- Total calculated
- $0
- Hours/week
- 1
-
Sarah Yang
Director (July-Feb)
- Total calculated
- $0
- Hours/week
- 1
-
Mike Johnson
Director (July-Nov)
- Total calculated
- $0
- Hours/week
- 1
-
Steven Quis
Director
- Total calculated
- $0
- Hours/week
- 4
-
P Wesley Lundburg
College President
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Part II:
- Lisa Cole-Jones is paid by an unrelated organization, the San Diego Community College District, for services to the Foundation. The compensation reported in Part II is the entire amount paid in 2024 but only approximately 65% of Lisa's time is devoted to the Foundation.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
Community College improvements
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 10 March 2026
- IRS schema version
- 2024v5.5
- Source object
- 202640699349301329
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