Community Foundation of the North State
Nonprofit profile at a glance
- EIN
- 680242276
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Redding, CA, USA
- Phone
- 5302441219
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community Foundations
Reported finances
- Revenue
- $7,704,151
- Expenses
- $6,069,264
- Assets
- $39,596,490
- Liabilities
- $454,899
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- KERRY CARANCI (CEO)
Highest reported compensation
- KERRY CARANCI (CEO): $186,027 total reported compensation
- MIRIAM LEAL (OPERATIONS O): $100,027 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The foundation promotes philanthropy by connecting people who care with causes that matter.
What it reported doing in 2024
Asset development and grant making - serving all of shasta, siskiyou, and tehama counties. The community foundation has more than 180 philanthropic funds and manages assets of more than 39 million dollars. The community foundation provides grants, scholarships, and loans to address local needs, the community foundation serves as a regional center for philanthropy providing donors simple and effective ways to give locally.
Operating model
- Revenue model
- Donor-supported. 71% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 92% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 73
- Accountability: 100
- Sustainability: 79
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 75.4%; rating input score 75
- Program expense ratio: 84.3%; rating input score 84
- Fundraising efficiency: $9.12 raised per $1 spent on fundraising; rating input score 35; 35th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 20th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 83.2%; rating input score 83; 23rd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 21.2%; rating input score 78; 78th percentile among comparable filings
- Total-asset coverage ratio: 6.52; rating input score 87; 87th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 85; 85th percentile among comparable filings
- Officer compensation ratio: 4.7%; rating input score 55; 55th percentile among comparable filings
Growth
- Program expense growth: 5.5% per year; rating input score 100; 43rd percentile among comparable filings
- Revenue growth: 2.8% per year; rating input score 100; 26th percentile among comparable filings
- Asset growth: 3.9% per year; rating input score 100; 29th percentile among comparable filings
Details
- Where the money goes: 75.4% of revenue deployed · 84.3% of spending went to programs
- Governance: 15 of 15 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $5.1M in reported program spending
- Leadership: top reported pay $186K · 17 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $139K reported
- Consistency: 32 of 33 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors, grants, and executive pay
- Filing history: 8 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 153 filed money-flow records
- Related organizations: 141 filed related-organization links
- 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.
- Moderate — Financial Efficiency: Fundraising efficiency scored 35/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Sustainability: Officer compensation ratio scored 55/100.