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← MIRA COSTA COLLEGE FOUNDATION

Form 990 for tax year 2024

Filed by MIRA COSTA COLLEGE FOUNDATION.

Totals

Total revenue
$2,477,398
Total expenses
$2,413,052
Contributions and grants received
$2,032,729
Grants paid
$1,068,211
Program service revenue
$0
Investment income
$444,669
Other revenue
$0
Total assets, end of year
$25,742,340
Total liabilities, end of year
$94,763
Net assets or fund balances, end of year
$25,647,577
Program services expenses (Part IX)
$2,013,315
Management and general expenses
$399,737
Fundraising expenses
$0
Program service expenses (Part III)
$2,013,315

Program services were 83.4% 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.

  • 1d · Related organizations

    $10,400

  • 1e · Government grants (contributions)

    $30,000

  • 1f · All other contributions, gifts and grants

    $1,992,329

  • 1g · Noncash contributions included above

    $327,112

  • 3 · Investment income

    total $82,555 · excluded $82,555

  • 7a · Gross sales of assets other than inventory

    securities $874,093

  • 7b · Less cost or other basis and sales expenses

    securities $511,979

  • 7c · Gain or loss

    securities $362,114

  • 7d · Net gain or loss

    total $362,114 · excluded $362,114

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $80,304 · program services $80,304

  • 2 · Grants to domestic individuals

    total $987,907 · program services $987,907

  • 7 · Other salaries and wages

    total $342,415 · program services $94,516 · management and general $247,899

  • 11c · Fees: accounting

    total $10,800 · management and general $10,800

  • 11f · Fees: investment management

    total $53,392 · management and general $53,392

  • 11g · Fees: other

    total $160,050 · program services $141,341 · management and general $18,709

  • 12 · Advertising and promotion

    total $96,924 · program services $43,145 · management and general $53,779

  • 17 · Travel

    total $227,390 · program services $217,909 · management and general $9,481

  • 24a · Other expenses: GIFTS IN KIND

    total $327,112 · program services $327,112

  • 24b · Other expenses: SUPPLIES

    total $103,898 · program services $101,851 · management and general $2,047

  • 24c · Other expenses: RENTAL AND LEASES

    total $12,100 · program services $12,100

  • 24d · Other expenses: DUES & MEMBERSHIP

    total $10,760 · program services $7,130 · management and general $3,630

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $775,012 · end of year $902,717

  • 3 · Pledges and grants receivable

    beginning of year $93,528 · end of year $9,500

  • 4 · Accounts receivable

    beginning of year $8,435 · end of year $11,575

  • 8 · Inventories for sale or use

    beginning of year $68,501 · end of year $68,501

  • 11 · Investments: publicly traded securities

    beginning of year $20,732,513 · end of year $23,025,969

  • 15 · Other assets

    beginning of year $1,665,544 · end of year $1,724,078

  • 17 · Accounts payable and accrued expenses

    beginning of year $24,026 · end of year $16,490

  • 25 · Other liabilities

    beginning of year $81,424 · end of year $78,273

  • 27 · Net assets without donor restrictions

    beginning of year $2,437,130 · end of year $2,561,816

  • 28 · Net assets with donor restrictions

    beginning of year $20,800,953 · end of year $23,085,761

Mission and programs · 2024

Mission

THE FOUNDATION'S MISSION IS TO PROMOTE THE BENEFITS OF THE COLLEGE AND TO SECURE RESOURCES THAT TRANSFORM LIVES.

Activities or mission (Part I)

PROVIDE FINANCIAL SUPPORT FOR STUDENTS AND PROGRAMS, ACHIEVING EDUCATIONAL OPPORTUNITIES FOR ALL.THE FOUNDATION PARTNERS WITH GENEROUS COMMUNITY MEMBERS TO SUPPORT STUDENT SUCCESS AND INNOVATIVE PROGRAMS. WITH PHILANTHROPIC SUPPORT, STUDENTS HAVE THE RESOURCES TO EARN A DEGREE OR CERTIFICATE, COMPLETE THE FIRST TWO YEARS OF COLLEGE AND TRANSFER TO A FOUR-YEAR UNIVERSITY, AND TAKE CLASSES NEEDED TO ADVANCE THEIR CAREERS OR ACHIEVE LIFELONG LEARNING.

  • SCHOLARSHIPS AND STUDENT SUPPORT: STUDENTS RECEIVE FINANCIAL ASSISTANCE TO SUPPORT TUITION, EDUCATIONAL MATERIALS, LIVING EXPENSES, PAID INTERNSHIPS, AND EMERGENCY SUPPORT. OUTCOME DATA SHOWS THAT STUDENTS WHO RECEIVE FINANCIAL SUPPORT ARE MORE LIKELY TO CONTINUE THEIR STUDIES AND EARN THEIR DEGREE OR CERTIFICATE.

    Expenses $987,907 · Grants $987,907

  • CAMPUS PROGRAMS: FUNDING SUPPORTS THE COLLEGE'S ACADEMIC PROGRAMS, ATHLETICS, SMALL BUSINESS DEVELOPMENT CENTER, VETERANS' CENTER, CHILD DEVELOPMENT CENTER, AND PROGRAMS ACROSS CAMPUS.

    Expenses $1,025,408 · Grants $80,304

As filed on the 2024 return.

Listed in Part VII

  • Cindy Musser

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Janice Kurth

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Karen Pearson

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Hema Crockett

    MEMBER

    Total calculated
    $0
    Hours/week
    0.2
  • Tim Snodgrass

    MEMBER

    Total calculated
    $0
    Hours/week
    0.1
  • Sharon Wiback

    MEMBER

    Total calculated
    $0
    Hours/week
    0.1
  • Anthony Spano

    MEMBER

    Total calculated
    $0
    Hours/week
    0.1
  • Jimmy Figueroa

    MEMBER (TO JUNE)

    Total calculated
    $0
    Hours/week
    0.1
  • Val Saadat

    MEMBER

    Total calculated
    $0
    Hours/week
    0.2
  • Dottie Benson

    MEMBER

    Total calculated
    $0
    Hours/week
    0.1
  • David McGuigan

    MEMBER

    Total calculated
    $0
    Hours/week
    0.2
  • Denise Stillinger

    MEMBER

    Total calculated
    $0
    Hours/week
    0.1
  • Josh Mazur

    MEMBER

    Total calculated
    $0
    Hours/week
    0.1
  • Michelle Gray

    MEMBER

    Total calculated
    $0
    Hours/week
    0.2
  • Amy McNamara

    MEMBER

    Total calculated
    $0
    Hours/week
    0.1
  • Alma Flores

    MEMBER

    Total calculated
    $0
    Hours/week
    0.1
  • Diane Mills

    MEMBER

    Total calculated
    $0
    Hours/week
    0.1
  • Mark Richards

    MEMBER

    Total calculated
    $0
    Hours/week
    0.1
  • Neil McCarthy

    MEMBER

    Total calculated
    $0
    Hours/week
    0.1
  • Shannon Stubblefield

    EXECUTIVE DIRECTOR

    Total calculated
    $273,540
    From this org
    $0
    From related orgs
    $230,362
    Other
    $43,178
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $230,362 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $43,178 related
    Filer's total
    $0 + $273,540 related
  • Tori Fishinger

    ASSOCIATE DIRECTOR

    Total calculated
    $153,639
    From this org
    $0
    From related orgs
    $123,570
    Other
    $30,069
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $123,570 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $38,987 related
    Filer's total
    $0 + $162,557 related

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 I, LINE 3
THE ORGANIZATION DOES NOT ESTABLISH THE COMPENSATION OF THE CEO/EXECUTIVE DIRECTOR. COMPENSATION IS DETERMINED BY A RELATED ORGANIZATION AND THE ORGANIZATION RELIED ON A RELATED ORGANIZATION TO ESTABLISH COMPENSATION.

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

  • MIRACOSTA COMMUNITY COLLEGE DISTRICT

    $80,304

    SUPPORT MIRACOSTA COLLEGE PROGRAMS & DIRECT STUDENT GRANTS

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • MIRACOSTA COMMUNITY COLLEGE DISTRICT

    115 · EDUCATION · CA

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • CHARITABLE TRUST (1)

    CA

Provenance

Return type
form_990
Tax year
2024
Filed
15 May 2026
IRS schema version
2024v5.5
Source object
202611359349313136

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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