Carestar Foundation FY2021 filing

Tax-deductible

Berkeley, CA501(c)(3)Health CareEIN 82-1511283Revenue $5.1M in FY2021

On file with the IRScarestarfoundation.org921 Ensenada Ave, 94707-2205 · Berkeley, CATax-exempt since Jul 2017Private non-operating foundation

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To improve health outcomes for all californians, we use a racial equity lens to fund and advocate for improvements to our emergency response system.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
$391K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $2.1M a year · 57% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$391K
to officers and key staff · 11% of spending
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.4M
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 8 voting members
Looks good: 7 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.1M
+126% vs prior year
Spent
$3.5M
To programs
85%
Net assets
$75.6M
By yearFY2020–FY2024
Revenue
$5.1M
FY2021▲ +126%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.2M
FY2021$5.1M
FY2022$7.6M
FY2023−$369K
FY2024$3.9M
Expenses
$3.5M
FY2021▼ -35%
Tap a bar for its year
Expenses by fiscal year
FY2020$5.4M
FY2021$3.5M
FY2022$6.6M
FY2023$8.9M
FY2024$4.4M
Net assets
$75.6M
FY2021▲ +6%
Tap a bar for its year
Net assets by fiscal year
FY2020$71.3M
FY2021$75.6M
FY2022$58.8M
FY2023$57.4M
FY2024$57.8M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2017.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $3.0M Management & general 15% · $532K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990; $391K paid to officers and key staff.

Part VII, Section A · reportable compensation
$262,500Pt VII · Sec A
Program Manager
$126,000Pt VII · Sec A
$2,700Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2021FY2020
Tanir Ami$314,075$262,500$250,000
Jodi Ravel—$126,000$120,328
Dion Griffin$78,900—$43,100
Kenneth Meehan—$2,700—

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.

See Carestar Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Fund and advocate for emergency response improvements, using a racial equity lens to boost health for all Californians.

Questions for Carestar Foundation

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Provided by the organization

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1 program · $3.0M · in their own filed words · FY2021
01

Carestar continued to provide funding to improve the quality of emergency and prehospital care provided in california, and to support programs working to strengthen connnections between emergency medical system providers, HOSPITALS/TRAUMA centers, and community-basedorganizations.

$3.0Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 133 grants · $16.0M · 2021–2024
Public Health AdvocatesCA · FY2024$750,000
Individual RecipientFY2024$333,333
Individual RecipientFY2024$333,333
Individual RecipientFY2024$250,000
Loma Linda UniversityCA · FY2024$250,000
Sutter Coast HospitalCA · FY2024$233,333
City of EurekaFY2024$200,000
Ca Emergency Medical Services AuthorityFY2024$200,000
Regents of the University of California UcsfFY2024$158,333
Regents of the University of California UcsfFY2024$158,333
San Ramon Valley Fire ProtectionFY2024$150,000
Kings ViewCA · FY2024$150,000
Health Resource in Action (hria)FY2024$150,000
Health Resource in Action (hria)FY2024$150,000
Individual RecipientFY2024$125,000
California Pan-Ethnic Health Network (cpehn)FY2024$125,000
Individual RecipientFY2024$115,866
See all 133 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$5.1M
Ln 12
Investment incomeLn 3$5.1M
Money outPt IX
$3.5M
Ln 25
Programscol B$3.0M
Managementcol C$532K
Owns and owesPt X
$75.6M
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$77.0M
LiabilitiesLn 26$1.4M
PeoplePt VI, VII
11
listed · VII A
PaidVII A3
Voting boardVI 1a8
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$5.1M
Gains on assetsLn 7$3.9M
Total revenueLn 12$5.1M
Assets in detailPt X, end of year
CashLn 1$980K
SavingsLn 2$201K
Cash and savings togetherLn 1–2$1.2M
InvestmentsLn 11–13$75.8M
Land, buildings, equipmentLn 10c$4K
Total assetsLn 16$77.0M
LiabilitiesLn 26$1.4M
Net assetsLn 32$75.6M
OperationsPt I, VI
EmployeesI 54
VolunteersI 67
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$1.6M$1.2M
InvestmentsLn 11–13$72.6M$75.8M
Land, buildings, equipmentLn 10c$8K$4K
Total assetsLn 16$74.7M$77.0M
LiabilitiesLn 26$3.4M$1.4M
Net assetsLn 32$71.3M$75.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$2.3M$2.3M
Pay of current officers, directors and key staffLn 5$519K$374K$145K
Other salaries and wagesLn 7$194K$155K$39K
Pension plan contributionsLn 8$21K$17K$4K
Other employee benefitsLn 9$43K$34K$9K
Payroll taxesLn 10$38K$30K$8K
Legal feesLn 11b$8K$8K
Accounting feesLn 11c$23K$1K$21K
Investment management feesLn 11f$212K$212K
Other fees for servicesLn 11g$123K$65K$58K
Office expensesLn 13$67K$46K$21K
TravelLn 17$1K$1K$229
Conferences, conventions and meetingsLn 19$8K$6K$2K
Depreciation, depletion and amortizationLn 22$5K$5K
InsuranceLn 23$4K$3K$746
Other expenses (24a–d)Ln 24$572$318$254
Total functional expensesLn 25$3.5M$3.0M$532K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $3.9M$4.4M−$541K$57.8M 990 PDF
FY2023 −$369K$8.9M−$9.3M$57.4M 990 PDF
FY2022 $7.6M$6.6M$969K$58.8M 990 PDF
FY2021 Viewing $5.1M$3.5M$1.5M$75.6M 990 PDF
FY2020 $2.2M$5.4M−$3.2M$71.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $5,057,008 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $2,238,243$5,057,008
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $2,238,243$5,057,008
I-13 Grants and similar amounts paidPrior year $4,297,000$2,254,929
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $603,753$814,078
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $515,729$449,553
I-18 Total expensesPrior year $5,416,482$3,518,560
I-19 Revenue less expensesPrior year −$3,178,239$1,538,448
Part VI · Governance 7 of 8 board members independent, 1 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members7
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $5,057,008 across 3 lines filed
VIII-3 Investment incomeExcluded from tax $1,137,533$1,137,533
VIII-7 Net gain or loss on sales of assetsExcluded from tax $3,919,475$3,919,475
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $5,057,008$5,057,008
Part IX · Statement of functional expenses $3,518,560 across 16 lines filed
IX-1 Grants to domestic organizationsPrograms $2,254,929$2,254,929
IX-5 Pay of current officers, directors and key staffPrograms $373,705 · Management $145,226$518,931
IX-7 Other salaries and wagesPrograms $155,402 · Management $38,850$194,252
IX-8 Pension plan contributionsPrograms $16,529 · Management $4,132$20,661
IX-9 Other employee benefitsPrograms $34,170 · Management $8,543$42,713
IX-10 Payroll taxesPrograms $30,017 · Management $7,504$37,521
IX-11b Legal feesManagement $7,722$7,722
IX-11c Accounting feesPrograms $1,077 · Management $21,480$22,557
IX-11f Investment management feesManagement $211,940$211,940
IX-11g Other fees for servicesPrograms $64,737 · Management $58,226$122,963
IX-13 Office expensesPrograms $45,887 · Management $20,759$66,646
IX-17 TravelPrograms $1,166 · Management $229$1,395
IX-19 Conferences, conventions and meetingsPrograms $6,018 · Management $1,505$7,523
IX-22 Depreciation, depletion and amortizationManagement $4,506$4,506
IX-23 InsurancePrograms $2,983 · Management $746$3,729
IX-24 Other expenses (24a–d)Programs $318 · Management $254$572
IX-25 Total functional expensesPrograms $2,986,938 · Management $531,622 · Fundraising $0$3,518,560
Part X · Balance sheet $76,999,854 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $1,410,854$979,707
X-2 Savings and temporary cash investmentsStart of year $224,445$201,103
X-3 Pledges and grants receivableStart of year $400,000$0
X-4 Accounts receivableStart of year $2,113$1,815
X-9 Prepaid expenses and deferred chargesStart of year $13,243$16,748
X-10c Land, buildings and equipment, netStart of year $8,155$3,649
X-11 Publicly traded securitiesStart of year $59,473,897$63,421,102
X-12 Other securitiesStart of year $13,132,612$12,375,730
X-16 Total assetsStart of year $74,665,319$76,999,854
X-17 Accounts payable and accrued expensesStart of year $57,732$108,390
X-18 Grants payableStart of year $3,331,000$1,275,000
X-19 Deferred revenueStart of year $24,149$2,977
X-26 Total liabilitiesStart of year $3,412,881$1,386,367
X-27 Net assets without donor restrictionsStart of year $70,360,938$74,852,862
X-28 Net assets with donor restrictionsStart of year $891,500$760,625
X-32 Total net assets or fund balancesStart of year $71,252,438$75,613,487
X-33 Total liabilities and net assetsStart of year $74,665,319$76,999,854
Part XI · Reconciliation of net assets $75,613,487 net assets at year end
XI-1 Total revenue$5,057,008
XI-2 Total expenses$3,518,560
XI-3 Revenue less expenses$1,538,448
XI-4 Net assets at start of year$71,252,438
XI-5 Net unrealized gains (losses) on investments$2,822,601
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$75,613,487

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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