Phcc Educational Foundation
Nonprofit profile at a glance
- EIN
- 680098960
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Sacramento, CA, USA
- Phone
- 9166400910
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $15,057
- Expenses
- $21,991
- Assets
- $104,862
- Liabilities
- $29,287
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- WHITNEY SQUIRE (CEO/EX-OFFICIO)
- SARAH WOOD (PAST-PRESIDENT)
- DAVID BERNHARD (PRESIDENT)
- JUSTIN SCHIMNOWSKI (VICE PRESIDENT)
Highest reported compensation
- WHITNEY SQUIRE (CEO/EX-OFFICIO): $107,686 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 specific purposes of the corporation is: - to provide opportunity for industry experimentation and innovation - to develop and deliver plumbing and hvac/r educational programming - to create a pipeline for individuals to become skilled and trained tradeworkers; and - to enhance the growth and success of the plumbing and hvac workforce.
What it reported doing in 2024
E-learning. The phcc of California educational foundation offers plumbing and hvac/r apprentice elearning courses for apprentices who need a non-traditional method of receiving their apprenticeship-related instruction. This program that is recognized by the u.s. Department of labor, employment & training administration, office of apprenticeship, as a reasonable option for apprentice training. Each course is the equivalent to one year of classroom instruction, and there are 4 courses total. There are two options for enrollment into the program: 1. Employer sponsored: employer sponsored enrollment is for potential students who are currently employed by a plumbing or hvac/r contractor. Your employer is responsible for paying your enrollment fees. On-the-job training must be coordinated with a participating employer, and you will receive a federal certificate of completion and be registered with the department of labor with this option.2. Self-sponsored: self-sponsorship is an option for potential students who are looking for an education in plumbing or hvac/r but aren't currently employed by a contractor. Because you are not currently employed by a contractor, on-the-job training must be gained after employment. You will receive a certificate of completion from phcc academy, but will not be registered with the department of labor.during the year, the organization had one student for their e-learning program.
Operating model
- Revenue model
- Affiliate-supported. 66% of the money available for current operations came from contributions from related organizations.
- 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.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 92
- Accountability: 84
- Sustainability: 31
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 82.1%; rating input score 82
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -46.1%; rating input score 30; 30th percentile among comparable filings
- Total-asset coverage ratio: 4.77; rating input score 48; 48th percentile among comparable filings
- Liabilities to assets ratio: 0.28; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 25.5%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: -11.1% per year; rating input score 0; 27th percentile among comparable filings
- Revenue growth: -9.1% per year; rating input score 0; 34th percentile among comparable filings
- Asset growth: -4.1% per year; rating input score 0; 23rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 82.1% of spending went to programs
- Governance: 9 of 9 board members independent · 5 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $18K in reported program spending
- Leadership: top reported pay $108K · 10 people listed
- Consistency: 22 of 22 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Related organizations: 3 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 30/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
- High — Sustainability: Officer compensation ratio scored 11/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.
- High — Grant Readiness: California registration: this organization is not authorized to operate as a charity in California.