Peninsula Volunteers Inc
Nonprofit profile at a glance
- EIN
- 941294939
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Menlo Park, CA, USA
- Phone
- 6503262025
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Senior Centers
Reported finances
- Revenue
- $7,705,701
- Expenses
- $7,916,276
- Assets
- $15,629,449
- Liabilities
- $938,777
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
25 people listed
Executive titles in this filing
- Peter Olson (CEO)
- Georgie Gleim (President)
- Sandra Ferer (Vice President)
Highest reported compensation
- Peter Olson (CEO): $216,689 total reported compensation
- Iris Wong (COO): $136,807 total reported compensation
- Laura Owen (Director for Finance and Admin): $135,940 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
As life expectancy lengthens, communities need to embrace both opportunities and challenges to help seniors maintain their dignity, independence and sense of usefulness. PVI provides high quality and nurturing programs so seniors are engaged, cared for and respected as vital community members. Focusing on an active mind and body, experiences in a social environment, allows aging adults to embrace the symptoms of aging with health and a sense of self-worth and self-sufficiency, improving their quality of life.
What it reported doing in 2024
Little House: Provides a breadth of services centered on health, wellness and social interaction to seniors of all ages. Fitness classes for all levels of activity, education programs and the Little House Cafe, serving nutritious, affordable meals. Referrals for social services and other range of needs facing aging adults is available to all members.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - 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 expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 79
- Accountability: 95
- Sustainability: 41
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 83%; rating input score 83
- Program expense ratio: 79.7%; rating input score 80
- Fundraising efficiency: $7.75 raised per $1 spent on fundraising; rating input score 29; 29th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 90.9%; rating input score 91; 21st 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: -2.7%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 1.97; rating input score 61; 61st percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 67; 67th percentile among comparable filings
- Officer compensation ratio: 9.2%; rating input score 32; 32nd percentile among comparable filings
Growth
- Program expense growth: 5.5% per year; rating input score 100; 43rd percentile among comparable filings
- Revenue growth: 7.4% per year; rating input score 100; 56th percentile among comparable filings
- Asset growth: -1.1% per year; rating input score 0; 9th percentile among comparable filings
Details
- Where the money goes: 83% of revenue deployed · 79.7% of spending went to programs
- Governance: 20 of 22 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $6.3M in reported program spending
- Leadership: top reported pay $217K · 25 people listed · 3 of 6 pay-setting controls reported
- Consistency: 30 of 30 current checks pass
- Schedules: 8 filed schedules · includes major donors and executive pay
- Filing history: 11 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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: Fundraising efficiency scored 29/100.
- High — Sustainability: Operating margin scored 25/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Officer compensation ratio scored 32/100.