Petaluma Educational Foundation FY2020 filing

Tax-deductible

Petaluma, CA501(c)(3)Since 1982EducationEIN 94-2847212Revenue $884K in FY2020

On file with the IRSpefinfo.com100 4th St, 94952-3091 · Petaluma, CATax-exempt since Dec 1982Publicly supported charity — 170(b)(1)(A)(vi)

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Pef creates impactful Educational opportunities for all students in our community. We fund programs that promote critical thinking, creativity, student well-being, and lifelong learning.

501(c)(3) charity; gifts are tax-deductible.
67¢ of each $1 spent went to programs.
$152K 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

FY2020 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $318K a year · 25% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
67%
of spending
Fine: 67% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$152K
to officers and key staff · 19% of spending
Fine: pay to officers and key staff is 19% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
11 mo
of spending, in cash
Looks good: 10.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $216K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1.1M
20% of total assets
Looks good: liabilities are 20% of assets; 50% or less.
Pt X · Ln 26
Independent board members
20
of 20 voting members
Looks good: 20 of 20 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$884K
Spent
$782K
To programs
67%
Net assets
$4.6M
By yearFY2020–FY2025
Revenue
$884K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$884K
FY2021$1.1M
FY2022$1.4M
FY2023$1.2M
FY2024$1.5M
FY2025$1.5M
Expenses
$782K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$782K
FY2021$746K
FY2022$837K
FY2023$978K
FY2024$985K
FY2025$1.3M
Net assets
$4.6M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$4.6M
FY2021$5.7M
FY2022$5.4M
FY2023$5.8M
FY2024$6.5M
FY2025$6.9M

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1982.

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

Where the money goes

67 cents of each dollar spent went to programs.

Program services 67% · $527K Management & general 22% · $175K Fundraising 10% · $80K

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

25 people listed on the 990; $152K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Executive Director
$98,980Pt VII · Sec A
Accounting Manager
$52,650Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Maureeen Highland’s $116K as Executive Director is at the 42nd percentile of top reported officer pay among 3395 $1–10M education 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 · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Maureeen Highland$115,666—————
Highland Maureen—$107,734$102,607$104,318$100,305$98,980
Kimball Sharon—$93,505$76,340$63,441$52,996$52,650
Sharon Kimball$79,958—————

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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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Funds programs promoting critical thinking, creativity, well-being, and lifelong learning for all students.

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Provided by the organization

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2 programs · $527K · in their own filed words · FY2019
01

In order to enhance the educational opportunities of the students within the petaluma high school district boundaries, the foundation has several scholarship programs that have been established to award graduating seniors bound for college.

$297Kprogram expense
02

In order to provide additional educational programs in the schools, the foundation solicits funds for the invest in education program which awards grants to teachers for innovative programs that enrich the education of the students within the petaluma high school district boundaries.

$230Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
See all 6 funders →
Grants paid · 105 grants · $2.8M · 2019–2024
Unitemized GrantFY2024$289,418
The Spring Hill SchoolCA · FY2024$29,853
Penngrove SchoolFY2024$20,000
McKinley SchoolFY2024$19,786
Grant SchoolFY2024$19,700
Old Adobe Union School DistrictFY2024$18,829
McDowell SchoolFY2024$18,543
Petaluma High SchoolFY2024$18,023
Waugh School DistrictFY2024$17,703
Dunham SchoolFY2024$17,612
Petaluma Junior HighFY2024$16,711
Petaluma School DistrictFY2024$16,183
Miwok SchoolFY2024$14,744
Kenilworth JR HighFY2024$13,507
Harvest Christian SchoolCA · FY2024$13,504
Valley Vista SchoolFY2024$12,679
See all 105 grants →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$884K
Ln 12
Gifts and grantsLn 1h$554K
Investment incomeLn 3$354K
Fees for servicesLn 2g$37K
Money outPt IX
$782K
Ln 25
Programscol B$527K
Managementcol C$175K
Fundraisingcol D$80K
Owns and owesPt X
$4.6M
net assets · Ln 32
Cash and savingsLn 1–2$697K
Total assetsLn 16$5.7M
LiabilitiesLn 26$1.1M
PeoplePt VI, VII
25
listed · VII A
PaidVII A2
Voting boardVI 1a20
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$554K
Government grantsLn 1e$5K
Noncash giftsLn 1g$103K
Fundraising eventsLn 1c$276K
Fees for servicesLn 2g$37K
Investment incomeLn 3$354K
Gains on assetsLn 7$241K
Total revenueLn 12$884K
Assets in detailPt X, end of year
CashLn 1$44K
SavingsLn 2$653K
Cash and savings togetherLn 1–2$697K
InvestmentsLn 11–13$4.9M
Land, buildings, equipmentLn 10c$4K
Total assetsLn 16$5.7M
LiabilitiesLn 26$1.1M
Net assetsLn 32$4.6M
OperationsPt I, VI
EmployeesI 536
VolunteersI 662
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$764K$697K
InvestmentsLn 11–13$5.1M$4.9M
Land, buildings, equipmentLn 10c$5K$4K
Total assetsLn 16$5.9M$5.7M
LiabilitiesLn 26$1.2M$1.1M
Net assetsLn 32$4.7M$4.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$181K$181K
Grants to domestic individualsLn 2$234K$234K
Pay of current officers, directors and key staffLn 5$156K$25K$80K$50K
Other salaries and wagesLn 7$83K$41K$21K$21K
Pension plan contributionsLn 8$7K$2K$3K$2K
Payroll taxesLn 10$19K$5K$8K$6K
Accounting feesLn 11c$3K$3K
Investment management feesLn 11f$18K$18K
Advertising and promotionLn 12$9K$9K
Office expensesLn 13$13K$13K
Information technologyLn 14$370$370
OccupancyLn 16$6K$6K
Conferences, conventions and meetingsLn 19$2K$2K
Depreciation, depletion and amortizationLn 22$3K$3K
InsuranceLn 23$5K$188$5K
Other expenses (24a–d)Ln 24$41K$40K$658$463
All other expensesLn 24e$1K$1K
Total functional expensesLn 25$782K$527K$175K$80K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.5M$1.3M$188K$6.9M 990 PDF
FY2024 $1.5M$985K$485K$6.5M 990 PDF
FY2023 $1.2M$978K$230K$5.8M 990 PDF
FY2022 $1.4M$837K$557K$5.4M 990 PDF
FY2021 $1.1M$746K$345K$5.7M 990 PDF
FY2020 Viewing $884K$782K$101K$4.6M 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 FY2020 990 (6 parts)
Part I · Summary $883,641 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $540,868$553,697
I-9 Program service revenuePrior year $38,717$36,608
I-10 Investment incomePrior year $291,293$354,243
I-11 Other revenuePrior year $109,511−$60,907
I-12 Total revenuePrior year $980,389$883,641
I-13 Grants and similar amounts paidPrior year $411,198$414,190
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $255,231$265,272
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $107,624$102,914
I-18 Total expensesPrior year $774,053$782,376
I-19 Revenue less expensesPrior year $206,336$101,265
Part VI · Governance 20 of 20 board members independent, 1 to look at
VI-1a Voting members of the governing body20
VI-1b Independent voting members20
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $883,641 across 10 lines filed
Lines not itemized here account for −$53,208 of total revenue; see the IRS return.
VIII-1c Fundraising events$275,704
VIII-1e Government grants$5,000
VIII-1f All other contributions, gifts and grants$272,993
VIII-1g Noncash contributions (included above)$103,026
VIII-1h Total contributions, gifts and grants$553,697
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $36,608$36,608
VIII-3 Investment incomeExcluded from tax $113,720$113,720
VIII-7 Net gain or loss on sales of assetsExcluded from tax $240,523$240,523
VIII-8 Net income from fundraising eventsExcluded from tax −$7,699−$7,699
VIII-12 Total revenueRelated to mission $36,608 · Unrelated business $0 · Excluded from tax $293,336$883,641
Part IX · Statement of functional expenses $782,376 across 17 lines filed
IX-1 Grants to domestic organizationsPrograms $180,615$180,615
IX-2 Grants to domestic individualsPrograms $233,575$233,575
IX-5 Pay of current officers, directors and key staffPrograms $25,249 · Management $80,327 · Fundraising $50,498$156,074
IX-7 Other salaries and wagesPrograms $40,517 · Management $21,428 · Fundraising $21,130$83,075
IX-8 Pension plan contributionsPrograms $1,932 · Management $2,990 · Fundraising $2,104$7,026
IX-10 Payroll taxesPrograms $5,252 · Management $8,126 · Fundraising $5,719$19,097
IX-11c Accounting feesManagement $3,400$3,400
IX-11f Investment management feesManagement $18,294$18,294
IX-12 Advertising and promotionManagement $9,043$9,043
IX-13 Office expensesManagement $13,115$13,115
IX-14 Information technologyManagement $370$370
IX-16 OccupancyManagement $6,187$6,187
IX-19 Conferences, conventions and meetingsManagement $2,430$2,430
IX-22 Depreciation, depletion and amortizationManagement $2,795$2,795
IX-23 InsurancePrograms $188 · Management $4,946$5,134
IX-24 Other expenses (24a–d)Programs $39,806 · Management $658 · Fundraising $463$40,927
IX-24e All other expensesManagement $1,219$1,219
IX-25 Total functional expensesPrograms $527,134 · Management $175,328 · Fundraising $79,914$782,376
Part X · Balance sheet $5,683,024 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $97,115$43,521
X-2 Savings and temporary cash investmentsStart of year $666,810$652,991
X-3 Pledges and grants receivableStart of year $24,177$34,745
X-9 Prepaid expenses and deferred chargesStart of year $24,077$11,466
X-10c Land, buildings and equipment, netStart of year $5,328$4,169
X-12 Other securitiesStart of year $5,086,468$4,936,132
X-16 Total assetsStart of year $5,903,975$5,683,024
X-17 Accounts payable and accrued expensesStart of year $63,550$60,673
X-18 Grants payableStart of year $206,326$249,145
X-19 Deferred revenueStart of year $82,040$41,162
X-25 Other liabilitiesStart of year $805,638$758,695
X-26 Total liabilitiesStart of year $1,157,554$1,109,675
X-32 Total net assets or fund balancesStart of year $4,746,421$4,573,349
X-33 Total liabilities and net assetsStart of year $5,903,975$5,683,024
Part XI · Reconciliation of net assets $4,573,349 net assets at year end
XI-1 Total revenue$883,641
XI-2 Total expenses$782,376
XI-3 Revenue less expenses$101,265
XI-4 Net assets at start of year$4,746,421
XI-5 Net unrealized gains (losses) on investments−$274,337
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,573,349

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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