Peninsula Bridge transforms the lives of highly motivated, low income students by preparing and supporting them for success in college preparatory high school programs and four-year colleges.

501(c)(3) charity; gifts are tax-deductible.
83¢ of each $1 spent went to programs.
Run by 120 volunteers and 54 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · 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
5 of 6
filings with a surplus
Average surplus $770K a year · 15% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$865K
to officers and key staff · 15% of spending
Looks good: pay to officers and key staff is 15% of spending; 15% or less.
Pt VII · Sec A
9 mo
of spending, in cash
Looks good: 9.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $65K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$812K
10% of total assets
Looks good: liabilities are 10% of assets; 50% or less.
Pt X · Ln 26
Independent board members
21
of 22 voting members
Looks good: 21 of 22 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.5M
+15% vs prior year
Spent
$5.7M
To programs
83%
Net assets
$7.7M
By yearFY2019–FY2025
Revenue
$6.5M
FY2025▲ +15%
Tap a bar for its year
Revenue by fiscal year
FY2019$3.0M
FY2021$3.5M
FY2022$5.6M
FY2023$5.5M
FY2024$5.7M
FY2025$6.5M
Expenses
$5.7M
FY2025▲ +16%
Tap a bar for its year
Expenses by fiscal year
FY2019$3.3M
FY2021$2.9M
FY2022$3.5M
FY2023$4.9M
FY2024$4.9M
FY2025$5.7M
Net assets
$7.7M
FY2025▲ +11%
Tap a bar for its year
Net assets by fiscal year
FY2019$3.1M
FY2021$3.4M
FY2022$5.6M
FY2023$6.2M
FY2024$6.9M
FY2025$7.7M

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 1995.

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

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $4.7M Management & general 7% · $413K Fundraising 10% · $576K

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

27 people listed on the 990; $865K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$286,986Pt VII · Sec A
Director, Programs
$189,905Pt VII · Sec A
Director, Middle School
$142,893Pt VII · Sec A
Director, Curriculum Design & Instructional Coachi
$136,355Pt VII · Sec A
College Access Counselor
$109,246Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2019
Randi Shafton$286,986$267,480$232,145$205,284—$154,584
Rene Jimenez Moreno$189,905$150,188$115,212———
Randie Shafton————$171,250—
Jocelyn Swisher—————$154,584
Marybeth Ventura$142,893$127,183$117,984———
Kristen Reese$136,355$136,788$123,000$102,489——
Amanda Afshar————$126,236$111,394
Maureen S Garrett—————$125,822

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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Prepares and supports low-income students for success in college prep high schools and four-year colleges.

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Provided by the organization

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1 program · $4.7M · in their own filed words · FY2024
01

Provided year-round academic and social emotional support for 951 students including academic and enrichment sessions for middle school students, and 1:1 advising and workshops for high school students and college students.

$4.7Mprogram 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 · FY2025
Total grants receivedfrom 2 funders$65K
Grants paid · 4 grants · $657K · 2021–2024
Unitemized GrantFY2024$237,172
Unitemized GrantFY2023$171,740
Unitemized GrantFY2022$119,279
Unitemized GrantFY2021$128,435

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$6.5M
Ln 12
Gifts and grantsLn 1h$6.3M
Investment incomeLn 3$256K
Fees for servicesLn 2g$99K
Money outPt IX
$5.7M
Ln 25
Programscol B$4.7M
Managementcol C$413K
Fundraisingcol D$576K
Owns and owesPt X
$7.7M
net assets · Ln 32
Cash and savingsLn 1–2$4.4M
Total assetsLn 16$8.5M
LiabilitiesLn 26$812K
PeoplePt VI, VII
27
listed · VII A
PaidVII A5
Voting boardVI 1a22
IndependentVI 1b21
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.3M
Government grantsLn 1e$305K
Noncash giftsLn 1g$120K
Fundraising eventsLn 1c$1.8M
Fees for servicesLn 2g$99K
Investment incomeLn 3$256K
Total revenueLn 12$6.5M
Assets in detailPt X, end of year
SavingsLn 2$4.4M
Cash and savings togetherLn 1–2$4.4M
InvestmentsLn 11–13$2.9M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$493K
Total assetsLn 16$8.5M
LiabilitiesLn 26$812K
Net assetsLn 32$7.7M
OperationsPt I, VI
EmployeesI 554
VolunteersI 6120
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$1.3M$4.4M
InvestmentsLn 11–13$4.6M$2.9M
Land, buildings, equipmentLn 10c$3K$0
Total assetsLn 16$7.8M$8.5M
LiabilitiesLn 26$825K$812K
Net assetsLn 32$6.9M$7.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$282K$282K
Pay of current officers, directors and key staffLn 5$503K$429K$34K$41K
Other salaries and wagesLn 7$2.6M$2.2M$172K$211K
Other employee benefitsLn 9$144K$123K$10K$12K
Payroll taxesLn 10$235K$204K$13K$17K
Legal feesLn 11b$1K$361$1K
Accounting feesLn 11c$86K$86K
Professional fundraising feesLn 11e$120K$120K
Other fees for servicesLn 11g$254K$118K$38K$98K
OccupancyLn 16$179K$136K$18K$25K
TravelLn 17$19K$17K$2K$139
Conferences, conventions and meetingsLn 19$27K$23K$4K
Depreciation, depletion and amortizationLn 22$3K$3K
InsuranceLn 23$27K$18K$5K$4K
Other expenses (24a–d)Ln 24$1.2M$1.2M$26K$20K
All other expensesLn 24e$51K$20K$8K$24K
Total functional expensesLn 25$5.7M$4.7M$413K$576K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $6.5M$5.7M$771K$7.7M 990 PDF
FY2024 $5.7M$4.9M$722K$6.9M 990 PDF
FY2023 $5.5M$4.9M$615K$6.2M 990 PDF
FY2022 $5.6M$3.5M$2.1M$5.6M 990 PDF
FY2021 $3.5M$2.9M$671K$3.4M 990 PDF
FY2020 Not on file
FY2019 $3.0M$3.3M−$299K$3.1M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash J · Pay O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $6,506,345 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $5,599,855$6,305,745
I-9 Program service revenuePrior year $0$98,723
I-10 Investment incomePrior year $192,277$256,190
I-11 Other revenuePrior year −$123,438−$154,313
I-12 Total revenuePrior year $5,668,694$6,506,345
I-13 Grants and similar amounts paidPrior year $204,992$282,273
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,834,842$3,465,789
I-16a Professional fundraising feesPrior year $120,500$120,000
I-17 Other expensesPrior year $1,785,919$1,867,446
I-18 Total expensesPrior year $4,946,253$5,735,508
I-19 Revenue less expensesPrior year $722,441$770,837
Part VI · Governance 21 of 22 board members independent, 1 to look at
VI-1a Voting members of the governing body22
VI-1b Independent voting members21
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $6,506,345 across 9 lines filed
VIII-1c Fundraising events$1,776,268
VIII-1e Government grants$305,000
VIII-1f All other contributions, gifts and grants$4,224,477
VIII-1g Noncash contributions (included above)$120,164
VIII-1h Total contributions, gifts and grants$6,305,745
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $98,723$98,723
VIII-3 Investment incomeExcluded from tax $256,190$256,190
VIII-8 Net income from fundraising eventsExcluded from tax −$154,313−$154,313
VIII-12 Total revenueRelated to mission $98,723 · Unrelated business $0 · Excluded from tax $101,877$6,506,345
Part IX · Statement of functional expenses $5,735,508 across 16 lines filed
IX-2 Grants to domestic individualsPrograms $282,273$282,273
IX-5 Pay of current officers, directors and key staffPrograms $428,688 · Management $33,514 · Fundraising $41,000$503,202
IX-7 Other salaries and wagesPrograms $2,201,186 · Management $172,087 · Fundraising $210,523$2,583,796
IX-9 Other employee benefitsPrograms $122,897 · Management $9,608 · Fundraising $11,754$144,259
IX-10 Payroll taxesPrograms $204,394 · Management $13,075 · Fundraising $17,063$234,532
IX-11b Legal feesPrograms $361 · Management $1,030$1,391
IX-11c Accounting feesManagement $86,431$86,431
IX-11e Professional fundraising feesFundraising $120,000$120,000
IX-11g Other fees for servicesPrograms $118,154 · Management $37,831 · Fundraising $97,980$253,965
IX-16 OccupancyPrograms $135,744 · Management $18,010 · Fundraising $25,305$179,059
IX-17 TravelPrograms $16,812 · Management $2,018 · Fundraising $139$18,969
IX-19 Conferences, conventions and meetingsPrograms $22,565 · Fundraising $4,500$27,065
IX-22 Depreciation, depletion and amortizationPrograms $3,350$3,350
IX-23 InsurancePrograms $17,929 · Management $5,168 · Fundraising $3,586$26,683
IX-24 Other expenses (24a–d)Programs $1,172,809 · Management $26,257 · Fundraising $20,209$1,219,275
IX-24e All other expensesPrograms $19,536 · Management $7,838 · Fundraising $23,884$51,258
IX-25 Total functional expensesPrograms $4,746,698 · Management $412,867 · Fundraising $575,943$5,735,508
Part X · Balance sheet $8,527,054 assets, 15 lines filed
X-2 Savings and temporary cash investmentsStart of year $1,317,723$4,406,451
X-3 Pledges and grants receivableStart of year $1,003,957$593,445
X-9 Prepaid expenses and deferred chargesStart of year $240,568$119,031
X-10c Land, buildings and equipment, netStart of year $3,350$0
X-11 Publicly traded securitiesStart of year $4,561,846$2,915,092
X-15 Other assetsStart of year $634,421$493,035
X-16 Total assetsStart of year $7,761,865$8,527,054
X-17 Accounts payable and accrued expensesStart of year $214,638$258,505
X-19 Deferred revenue$75,000
X-25 Other liabilitiesStart of year $610,528$478,724
X-26 Total liabilitiesStart of year $825,166$812,229
X-27 Net assets without donor restrictionsStart of year $5,467,870$6,614,339
X-28 Net assets with donor restrictionsStart of year $1,468,829$1,100,486
X-32 Total net assets or fund balancesStart of year $6,936,699$7,714,825
X-33 Total liabilities and net assetsStart of year $7,761,865$8,527,054
Part XI · Reconciliation of net assets $7,714,825 net assets at year end
XI-1 Total revenue$6,506,345
XI-2 Total expenses$5,735,508
XI-3 Revenue less expenses$770,837
XI-4 Net assets at start of year$6,936,699
XI-5 Net unrealized gains (losses) on investments$27,289
XI-9 Other changes in net assets−$20,000
XI-10 Net assets at end of year$7,714,825

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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