Cambrian Educational Foundation EIN 77-0448212 Form 990 (PDF) Claim this org

Cambrian Educational Foundation FY2024 filing

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Supports Cambrian schools by managing volunteers and raising funds for student programs and supplies. For fiscal year 2024 it reported $739K in revenue, $753K in expenses, and $1.2M in net assets.Pt I

Founded
1996
Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
San Jose, CA
Website
www.cambrianeducationalfoundation.org
Filings
5 on file (2020–2024)
Revenue
$739KFY2024
Expenses
$753K
Net assets
$1.2M
People
10
Filings
5
Updates
0
More identity details & actions ⌄
EIN  77-0448212 Public foundation / grantmaker San Jose, CA Founded 1996
Form 990 (PDF)
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2024) →
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Size
$1–10M
What they do
Supports Cambrian schools by managing volunteers and raising funds for student programs and supplies.
Leadership
David Hicks · Co-Treasurer
Money in and out
$739K revenue, $753K expenses
Bottom line
97% program efficiency
Grants paid & assets · FY2024
Total revenue
$739K
Pt VIII · Ln 12
Total expenses
$753K
Pt IX · Ln 25
Net assets
$1.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$14K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.03
Program efficiency
97%
of spending reaches programs
Operating runway
18.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
-2%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$739K
FY2024▼ -3%
Expenses
$753K
FY2024▼ -9%
Total assets
$1.2M
FY2024▼ -2%
Total liabilities
$0
FY2024▼ -100%
Total revenue
$739K
Pt VIII · Ln 12
Total expenses
$753K
Pt IX · Ln 25
Net assets
$1.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$14K
Total assetsPt X · Ln 16$1.2M
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCambrian Educational Foundation
EINHdr · item D77-0448212
Principal addressHdr · item CSan Jose, CA
Year of formationHdr · item L1996
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T99)
Ruling yearIRS BMFFeb 1997

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Co-Treasurer
$0Pt VII · Sec A
Co-Treasurer
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
President/Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Outgoing Secretary
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $727K of program spending, described in the organization's own filed words · FY2023.
01

Oversees the six home and school clubs in the cambrian school district which manage volunteers and raise funds for supplies, equipment, books and field trips for more than 3,000 students in the cambrian school DISTRICT.RAISES funds to support cambrian school district PROGRAMS.NOTE: the cambrian educational foundation does not directly…

$727Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$526K · 71%
Other revenue$108K · 15%
Program service revenue$86K · 12%
Investment income$19K · 3%
Contributions & grants71%$526K
Other revenue15%$108K
Program service revenue12%$86K
Investment income3%$19K
Total revenueLn 12$739K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.03
Program services97%$727K
Management & general3%$26K
Total functional expensesLn 25$753K

Balance Sheet

Part X · end of year
CashLn 1$1.2M
Total assetsLn 16$1.2M
Total liabilitiesLn 26$0
Total net assetsLn 32$1.2M
Months of cash on handcomputed18.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.2M · Operating expenses/yr $753K
18.4 months
Where the money goes
Program services
Program services $727K · Total expenses $753K
97%
Management & General
Management & general $26K · Total expenses $753K
3%
Fundraising
Fundraising $0 · Total expenses $753K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $548K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $526K · Total revenue $739K
71%
Government reliance
Government grants — · Total revenue $739K
Earned-income share
Program service revenue $86K · Total revenue $739K
12%
Investment reliance
Investment income $19K · Total revenue $739K
+3%
Program self-sufficiency
Program service revenue $86K · Total expenses $753K
11%
Growth & trend
Revenue growth (YoY)
This year $739K · Prior year $760K
-3%
Revenue CAGR
FY2019 $897K · FY2023 $739K
-5%
Net-asset trend (YoY)
End of year $1.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $739K · Expenses $753K
-2%
Liabilities-to-Assets
Total liabilities — · Total assets $1.2M
Net-asset ratio
Net assets $1.2M · Total assets $1.2M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.2M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual David Hicks · Reported title CO-TREASURER · Highest reported compensation $0 · Total expenses $753K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $753K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 97%
Overhead ratio 3%
Fundraising cost ratio 0%
Revenue growth -3%
Accounting fee ratio 3%

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 5 funders →
Grants paid · 1 grant · $28K · 2020–2020
Cambrian School DistrictFY2020$28,247

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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$739K revenue · viewing · ⤓ 990 PDF
FY2023$760K revenue · ⤓ 990 PDF
FY2022$681K revenue · ⤓ 990 PDF
FY2021$372K revenue · ⤓ 990 PDF
FY2020$897K 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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