Baymec Community Foundation
Nonprofit profile at a glance
- EIN
- 464152850
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024, Form 990-N 2019
- Location
- San Jose, CA, USA
- Phone
- 4083912321
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Services N.E.C.
Reported finances
- Revenue
- $27,741
- Expenses
- $166,642
- Assets
- $193,619
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- JAMES GONZALES (President)
People named in this filing
- KEN YEAGER (Executive Dir.)
- JAMES GONZALES (President)
- LESLEE HAMILTON (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The BAYMEC Community Foundation is dedicated to the creation of a more equal future for the lesbian, gay, bisexual, transgender, queer, and questioning (LGBTQ+) community in Silicon Valley and neighboring regionsThrough a balanced approach of equitable programs, the BAYMEC Community Foundation (BCF) strives to engage in community discussion on LGBTQ inclusion and equal rights, ensure the equal access of LGBTQ-supportive safety-net services, chronicle local LGBTQ history and culture, and foster the next generation of LGBTQ leaders.
What it reported doing in 2024
Queer Silicon Valley, a digital LGBTQ+ exhibition and history project
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 97% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 100
- Sustainability: 23
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 52%; rating input score 52
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -500.7%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 1.16; rating input score 50; 50th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 10.2% per year; rating input score 100; 72nd percentile among comparable filings
- Revenue growth: 6.9% per year; rating input score 100; 76th percentile among comparable filings
- Asset growth: 39.8% per year; rating input score 100; 94th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 52% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 5 filed program accomplishments · $87K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Program expense ratio scored 52/100.
- High — Sustainability: Operating margin scored 3/100.
- Review — Sustainability: Total-asset coverage ratio scored 50/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.