Totals
- Total revenue
- $3,295,630
- Total expenses
- $2,308,773
- Contributions and grants received
- $3,232,002
- Grants paid
- $740,341
- Program service revenue
- $0
- Investment income
- $1,821
- Other revenue
- $61,807
- Total assets, end of year
- $8,383,371
- Total liabilities, end of year
- $151,468
- Net assets or fund balances, end of year
- $8,231,903
- Program services expenses (Part IX)
- $1,756,733
- Management and general expenses
- $351,625
- Fundraising expenses
- $200,415
- Program service expenses (Part III)
- $1,756,733
Program services were 76.1% 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
$722,128
-
1f · All other contributions, gifts and grants
$2,509,874
-
1g · Noncash contributions included above
$5,661
-
3 · Investment income
total $1,821 · excluded $1,821
-
8a · Fundraising events: gross income
$141,210
-
8a · Fundraising events: contributions included on line 1c
$722,128
-
8b · Fundraising events: direct expenses
$90,161
-
8c · Net income from fundraising events
total $51,049
-
11a · Other revenue: OTHER REVENUE
total $10,758 · related or exempt $10,758
-
11e · Other revenue, total
$10,758
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $740,341 · program services $740,341
-
7 · Other salaries and wages
total $1,185,140 · program services $833,236 · management and general $105,224 · fundraising $246,680
-
10 · Payroll taxes
total $88,206 · program services $62,015 · management and general $7,831 · fundraising $18,360
-
11c · Fees: accounting
total $78,078 · program services $5,246 · management and general $68,644 · fundraising $4,188
-
11g · Fees: other
total $36,147 · program services $2,429 · management and general $31,779 · fundraising $1,939
-
13 · Office expenses
total $38,023 · program services $2,424 · management and general $33,945 · fundraising $1,654
-
14 · Information technology
total $36,768 · program services $12,017 · management and general $20,579 · fundraising $4,172
-
16 · Occupancy
total $24,059 · program services $774 · management and general $23,285
-
22 · Depreciation, depletion and amortization
total $12,219 · management and general $12,219
-
23 · Insurance
total $5,508 · management and general $5,508
-
24a · Other expenses: DUES
total $63,338 · program services $51,037 · management and general $5,486 · fundraising $6,815
-
24b · Other expenses: SUPPLIES
total $62,260 · program services $38,692 · management and general $19,011 · fundraising $4,557
-
24c · Other expenses: OTHER EXPENSES
total $28,847 · program services $8,522 · management and general $18,114 · fundraising $2,211
-
24d · Other expenses: DIRECT FUNDRAISING EXPENS
total -$90,161 · fundraising -$90,161
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,833,495 · end of year $5,390,493
-
2 · Savings and temporary cash investments
beginning of year $288,518
-
3 · Pledges and grants receivable
beginning of year $2,884,575 · end of year $2,913,024
-
9 · Prepaid expenses and deferred charges
beginning of year $20,361 · end of year $72,839
-
10a · Land, buildings and equipment: cost or other basis
$15,141
-
10b · Land, buildings and equipment: accumulated depreciation
$8,126
-
10c · Land, buildings and equipment, net
beginning of year $4,925 · end of year $7,015
-
14 · Intangible assets
beginning of year $10,527
-
17 · Accounts payable and accrued expenses
beginning of year $99,008 · end of year $151,468
-
18 · Grants payable
beginning of year $1,764,966
-
24 · Unsecured notes and loans payable
beginning of year $11,329
-
27 · Net assets without donor restrictions
beginning of year $1,553,827 · end of year $1,995,867
-
28 · Net assets with donor restrictions
beginning of year $3,613,271 · end of year $6,236,036
Mission and programs · 2022
Mission
PCF ASSISTS LOW-INCOME, UNDER SERVED AND OFTEN OVER-LOOKED FIRST-GENERATION COLLEGE STUDENTS FROM THE MID-PENINSULA IN THEIR QUEST TO GRADUATE, AND ASSISTS THEM TO ACHIEVE THEIR EDUCATIONAL AND CAREER GOALS.
-
SCHOLARSHIPS - PROVIDE COLLEGE SCHOLARSHIPS FOR TALENTED AND MOTIVATED LOW-INCOME, FIRST-GENERATION COLLEGE STUDENTS. THE AVERAGE SCHOLARSHIP IS 12,000 PER STUDENT (3,000 PER YEAR FOR 4 YEARS). SCHOLARSHIP FUNDS ARE USED TO PAY TUITION AND FEES, BOOKS, OR OTHER INCIDENTAL EXPENSES. MENTORING - PROVIDE TRAINED AND SKILLED ONE-TO-ONE ADULT MENTORS TO EACH SCHOLAR TO GIVE THE ADVICE, ROLE MODELING AND RELATIONSHIPS NECESSARY TO SUCCEED IN COLLEGE AND PREPARE FOR POST COLLEGE CAREERS. EACH MENTOR COMMITS TO MENTORING A SCHOLAR FROM FRESHMAN YEAR TO COLLEGE GRADUATION. AS THE FIRST IN THEIR FAMILY TO ATTEND COLLEGE, PCG SCHOLARS GAIN PARTICULAR VALUE FROM THE GUIDANCE THAT SUCCESSFUL MENTORS CAN PROVIDE. COLLEGE AND CAREER SUCCESS TRAINING - PROVIDE TARGETED AND INTENSIVE COLLEGE AND CAREER CUSSES WORKSHOPS AND INDIVIDUALIZED ASSISTANCE TO OUR SCHOLARS TO ENABLE THEM TO MAXIMIZE THEIR GROWTH DURING COLLEGE AND GRADUATE FROM COLLEGE PREPARED TO LAUNCH THEIR CAREERS.
Expenses $1,756,733 · Grants $740,341
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Christina MirelesCHRISTINA MIRELES
EXECUTIVE DI
- Total calculated
- $0
- Hours/week
- 40
-
Eric HartwigERIC HARTWIG
PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
Karen CantyKAREN CANTY
SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
Pat ClementsPAT CLEMENTS
TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
Asha GuhaASHA GUHA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Charles SchmuckCHARLES SCHMUCK
FOUNDER
- Total calculated
- $0
- Hours/week
- 2
-
Charley SchaffCHARLEY SCHAFF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dani GaspariniDANI GASPARINI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jop VolkertJOP VOLKERT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lydia KearneyLYDIA KEARNEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Elisabeth MaganaELISABETH MAGANA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mike PopeMIKE POPE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Erica TorresERICA TORRES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bob CouchBOB COUCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Scott RashSCOTT RASH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael SotoMICHAEL SOTO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jackee BrunoJACKEE BRUNO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Danny WinschuhDANNY WINSCHUH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202401369349319060
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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