Millbrae Community Foundation
Nonprofit profile at a glance
- EIN
- 943331393
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990 2020, Form 990-EZ 2024
- Location
- Millbrae, CA, USA
- Phone
- 6507371905
- Rating
- 39
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Community Foundations
Reported finances
- Revenue
- $34,998
- Expenses
- $36,507
- Assets
- $93,159
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- MAUREEN DAVIS (PRESIDENT)
- JANET FOGARTY (VICE PRESIDENT)
People named in this filing
- MAUREEN DAVIS (PRESIDENT)
- JANET FOGARTY (VICE PRESIDENT)
- KRISTINE BALTASAR (CORRESPONDING 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 millbrae community foundation enhances the lives of all who live in our community. We are a volunteer 501(c)(3) nonprofit organization that raises money for and gives grants to projects that meet the needs of our residents. We work collaboratively with organizations that serve millbrae and its people.
What it reported doing in 2024
Expanding services and programs for youth, adults and seniors and to secure funds for capital improvement projects that will assist with the implementation of these programs and services.
Operating model
- Revenue model
- Donor-supported. 93% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
REVIEW - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 2
- Transparency & Controls: 82
- Sustainability: 53
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 2.4%; rating input score 2
- Program expense ratio: 2.3%; rating input score 2
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -4.3%; rating input score 37; 37th percentile among comparable filings
- Total-asset coverage ratio: 2.55; rating input score 71; 71st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -13% per year; rating input score 0; 24th percentile among comparable filings
- Revenue growth: 14% per year; rating input score 100; 86th percentile among comparable filings
- Asset growth: 8.2% per year; rating input score 100; 68th percentile among comparable filings
Details
- Where the money goes: 2.4% of revenue deployed · 2.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $829 in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 12 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- High — Financial Efficiency: Mission deployment rate scored 2/100.
- High — Financial Efficiency: Program expense ratio scored 2/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 37/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.