Solano Community Foundation EIN 68-0354961 Form 990 (PDF) Claim this org

Solano Community Foundation

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Strengthens local communities by providing grants, supporting nonprofit collaboration and technical assistance, and connecting donors with impactful philanthropic opportunities. For fiscal year 2024 it reported $966K in revenue, $1.2M in expenses, and $12.8M in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Fairfield, CA
Website
www.solanocf.org
Filings
5 on file (2020–2024)
Revenue
$966KFY2024
Expenses
$1.2M
Net assets
$12.8M
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  68-0354961 Public foundation / grantmaker Fairfield, CA
Form 990 (PDF)
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Size
$100K–1M
What they do
Strengthens local communities by providing grants, supporting nonprofit collaboration and technical assistance, and connecting donors with impactful philanthropic opportunities.
Leadership
Constance Harris · Former CEO · $68K
Money in and out
$966K revenue, $1.2M expenses
Bottom line
77% program efficiency
Grants paid & assets · FY2024
Total revenue
$966K
Pt VIII · Ln 12
Total expenses
$1.2M
Pt IX · Ln 25
Net assets
$12.8M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$250K
Where spending went · Part IX cols B–D
Program services $0.77 Management & general $0.14 Fundraising $0.09
Program efficiency
77%
of spending reaches programs▼ -2% vs prior filing year
Operating runway
128.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
-26%
revenue over expenses, this year▼ -147% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$966K
FY2024▼ -58%
Expenses
$1.2M
FY2024▲ +16%
Total assets
$13.0M
FY2024▲ +2%
Total liabilities
$163K
FY2024
Total revenue
$966K
Pt VIII · Ln 12
Total expenses
$1.2M
Pt IX · Ln 25
Net assets
$12.8M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$250K
Total assetsPt X · Ln 16$13.0M
Program-expense ratioPt IX · col B77%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSolano Community Foundation
EINHdr · item D68-0354961
Principal addressHdr · item CFairfield, CA
WebsiteHdr · item Jwww.solanocf.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T31)
Ruling yearIRS BMFMar 1996

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
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
$68,440Pt VII · Sec A
$30,295Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Constance Harris’s $68K as Former CEO is at the 64th percentile of top reported officer pay among 1263 $100K–1M philanthropy & grantmaking 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 · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Constance Harris$114,291$97,947
Constance Harris$68,440$110,576$106,082
Leslie Janik$30,295

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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Mission & Programs · Part III

Where the work happens

3 program services account for $936K of program spending, described in the organization's own filed words · FY2024.
01

Donor Fund Grantmaking ProgramsThe Foundation administers a range of donor-advised and designated funds that support local nonprofit partners through competitive and non-competitive grantmaking. Grants are awarded in diverse areas such as health, education, housing, the arts, and youth development.

$790Kprogram expense
02

Climate and Disaster ResilienceThrough the Solano Disaster Relief Fund, the Foundation awarded targeted grants to address environmental hazards and climate-related disaster preparedness, particularly the public health impact of wildfire smoke and poor air quality across Solano County.

$138Kprogram expense
03

Non-Profit Partnership Fund Program ExpansionThe Foundation launched a Building Community Muscle initiative leveraging our Non-Profit Partnership Fund. This initiative is intended to build cross-sector collaboration, engage community members in meaningful service, and support nonprofit organizations with peer learning, technical…

$8Kprogram expense

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Statement of Revenue

Part VIII
Investment income$650K · 67%
Contributions & grants$316K · 33%
Investment income67%$650K
Contributions & grants33%$316K
Total revenueLn 12$966K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.77 Management & general $0.14 Fundraising $0.09
Program services77%$936K
Management & general14%$176K
Fundraising9%$104K
Total functional expensesLn 25$1.2M

Balance Sheet

Part X · end of year
CashLn 1$64K
Total assetsLn 16$13.0M
Total liabilitiesLn 26$163K
Total net assetsLn 32$12.8M
Months of cash on handcomputed0.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $13.0M · Operating expenses/yr $1.2M
128.1 months
Where the money goes
Program services
Program services $936K · Total expenses $1.2M
77%
Management & General
Management & general $176K · Total expenses $1.2M
14%
Fundraising
Fundraising $104K · Total expenses $1.2M
9%
Cost to raise $1
Fundraising expense (3-yr avg) $83K · Solicited contributions (3-yr avg) $1.1M
$0.07 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $316K · Total revenue $966K
33%
Government reliance
Government grants — · Total revenue $966K
Earned-income share
Program service revenue $0 · Total revenue $966K
0%
Investment reliance
Investment income $650K · Total revenue $966K
+67%
Program self-sufficiency
Program service revenue $0 · Total expenses $1.2M
0%
Growth & trend
Revenue growth (YoY)
This year $966K · Prior year $2.3M
-58%
Revenue CAGR
FY2020 $3.1M · FY2024 $966K
-25%
Net-asset trend (YoY)
End of year $12.8M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $966K · Expenses $1.2M
-26%
Liabilities-to-Assets
Total liabilities — · Total assets $13.0M
Net-asset ratio
Net assets $12.8M · Total assets $13.0M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $12.9M · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $13.0M
99%
People & payroll
Highest Reported Total Compensation
Individual Leslie Janik · Reported title CEO · Highest reported compensation $30K · Total expenses $1.2M
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $421K · Total expenses $1.2M
35%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 77%
Overhead ratio 14%
Fundraising cost ratio 33%
Revenue growth -58%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 4%
Fundraising fee ratio 0%

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
Total grants receivedfrom 2 funders$38K
Grants paid · 259 grants · $4.0M · 2020–2024
Sustainable Solano INCCA · FY2024$135,000
Uc DavisFY2024$61,500
Uc Santa BarbaraFY2024$50,000
University of AlabamaFY2024$25,000
UCLA Uc RegentsFY2024$22,500
Biola University INCCA · FY2024$22,500
Uc BerkeleyFY2024$20,000
Harvard UniversityFY2024$20,000
Solano Community CollegeFY2024$15,500
Salvation Army Kroc CenterFY2024$14,250
The Matt Garcia FoundationCA · FY2024$10,000
Cal Poly State UniversityFY2024$10,000
Solano County Arts CouncilCA · FY2023$140,000
See all 259 grants →

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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 (Latest)$966K revenue · viewing · ⤓ 990 PDF
FY2023$2.3M revenue · ⤓ 990 PDF
FY2022$1.6M revenue · ⤓ 990 PDF
FY2021$1.1M revenue · ⤓ 990 PDF
FY2020$3.1M 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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