Palos Verdes Estates Foundation EIN 38-4135087

Palos Verdes Estates Foundation

EIN  38-4135087 Public charity (501(c)(3)) Palos Verdes Estates, CA Founded 2019
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Encourages community philanthropy through public-private partnerships.
Leadership
Renee Jaco · Executive Director · $50K
Money in and out
$167K revenue, $405K expenses
Bottom line
80% program efficiency

Encourages community philanthropy through public-private partnerships. For fiscal year 2024 it reported $167K in revenue, $405K in expenses, and $381K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$167K
Pt VIII · Ln 12
Total expenses
$405K
Pt IX · Ln 25
Net assets
$381K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$237K
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.13 Fundraising $0.07
Program efficiency
80%
of spending reaches programs▲ +10% vs prior filing year
Operating runway
11.5mo
months of highly liquid reserves at operating expense rate▼ -73% vs prior filing year
Surplus margin
-142%
revenue over expenses, this year▼ -344% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$167K
FY2024▼ -60%
Expenses
$405K
FY2024▲ +132%
Total assets
$389K
FY2024▼ -38%
Total liabilities
$8K
FY2024▲ +33%
Total revenue
$167K
Pt VIII · Ln 12
Total expenses
$405K
Pt IX · Ln 25
Net assets
$381K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$237K
Total assetsPt X · Ln 16$389K
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

1 program service account for $323K of program spending, described in the organization's own filed words · FY2024.
01

The foundation makes grants to local nonprofits or governmental agencies, or pays contractors who complete projects, all in pursuit of the foundation's mission. In the year ended june 30, 2025 the foundation completed the automated license plate recognition (alpr)camera projects amounting to $219,721, the neptune fountain project…

$323Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPalos Verdes Estates Foundation
EINHdr · item D38-4135087
Principal addressHdr · item CPalos Verdes Estates, CA
WebsiteHdr · item Jpvefoundation.org
Year of formationHdr · item L2019
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C50)
Ruling yearIRS BMFNov 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$50,000Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Chief Financial Officer
$0Pt VII · Sec A

Renee Jaco’s $50K as Executive Director is at the 31st percentile of top reported officer pay among 1981 $100K–1M environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2024
Renee Jaco$50,000$50,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$163K · 97%
Investment income$5K · 3%
Contributions & grants97%$163K
Investment income3%$5K
Total revenueLn 12$167K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.13 Fundraising $0.07
Program services80%$323K
Management & general13%$52K
Fundraising7%$29K
Total functional expensesLn 25$405K

Balance Sheet

Part X · end of year
CashLn 1$388K
Total assetsLn 16$389K
Total liabilitiesLn 26$8K
Total net assetsLn 32$381K
Months of cash on handcomputed11.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $388K · Operating expenses/yr $405K
11.5 months
Where the money goes
Program services
Program services $323K · Total expenses $405K
80%
Management & General
Management & general $52K · Total expenses $405K
13%
Fundraising
Fundraising $29K · Total expenses $405K
7%
Cost to raise $1
Fundraising expense (3-yr avg) $18K · Solicited contributions (3-yr avg) $208K
$0.09 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $163K · Total revenue $167K
97%
Government reliance
Government grants — · Total revenue $167K
Earned-income share
Program service revenue $0 · Total revenue $167K
0%
Investment reliance
Investment income $5K · Total revenue $167K
+3%
Program self-sufficiency
Program service revenue $0 · Total expenses $405K
0%
Growth & trend
Revenue growth (YoY)
This year $167K · Prior year $415K
-60%
Revenue CAGR
FY2020 $428K · FY2024 $167K
-21%
Net-asset trend (YoY)
End of year $381K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $167K · Expenses $405K
-142%
Liabilities-to-Assets
Total liabilities — · Total assets $389K
Net-asset ratio
Net assets $381K · Total assets $389K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $389K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Renee Jaco · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $50K · Total expenses $405K
12%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $54K · Total expenses $405K
13%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 80%
Overhead ratio 13%
Fundraising cost ratio 18%
Revenue growth -60%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 4 funders →
Grants paid · 14 grants · $845K · 2020–2024
City of Palos Verdes EstatesFY2024$288,063
City of Palos Verdes EstatesFY2023$54,717
City of Palos Verdes EstatesFY2023$15,000
City of Palos Verdes EstatesFY2022$41,072
City of Palos Verdes EstatesFY2022$6,556
City of Palos Verdes EstatesFY2021$195,000
City of Palos Verdes EstatesFY2021$74,250
City of Palos Verdes EstatesFY2021$52,878
City of Palos Verdes EstatesFY2021$22,655
City of Palos Verdes EstatesFY2021$6,229
City of Palos Verdes EstatesFY2020$60,543
City of Palos Verdes EstatesFY2020$10,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$415K revenue · ⤓ 990 PDF
FY2023$58K revenue · ⤓ 990 PDF
FY2022$473K revenue · ⤓ 990 PDF
FY2021$428K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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