The Foundation for Chabot-Las Positas Community College District

Nonprofit profile at a glance

EIN: 237074515
IRS 990 coverage: 2011–2024
Forms available: Form 990 2024
Location: Dublin, CA, USA
Phone: 9254855214
Rating: 45
Verdict: MIXED
Rating confidence: Moderate
Sector: Scholarships, Student Financial Aid Services, Awards

Official website

Reported finances

Revenue: $51,069
Expenses: $60,601
Assets: $561,552
Liabilities: $0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

Mr Tim Sbranti (BOARD CHAIR/PRESIDENT)

Highest reported compensation

Mr Ronald Gerhard (SECRETARY): $544,882 total reported compensation
Mr Jonah Nicholas (TREASURER): $420,305 total reported compensation
Mr Dyrell Foster (TRUSTEE/DIRECTOR): $376,439 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 purpose of The Foundation for Chabot-Las Positas Community College District (District Foundation or Foundation) is to further public education at the community college level and promote the welfare of the Chabot-Las Positas Community College District's students, faculty, and staff in the following ways: 1) By communicating the value of Chabot College and Las Positas College to the communities of which they are a part; and 2) By providing scholarships to students, and assisting in the funding of the colleges' programs, equipment, and educational projects by soliciting and obtaining funds and other support from the community.

What it reported doing in 2024

Providing scholarships and grants to students of Chabot and Las Positas colleges in support of higher education.

Operating model

Revenue model: Investment-supported. 100% of the money available for current operations came from recurring investment income.
Distribution model: Hybrid. The nonprofit split its reported program spending across 59% for direct work, and 41% for grants.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of voting board members are independent and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

Financial Efficiency: 54
Transparency & Controls: 64
Accountability: 9
Sustainability: 45
Growth: 0

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 74.2%; rating input score 74
Program expense ratio: 38%; rating input score 38
Fundraising efficiency: Limited

Transparency & Controls

Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Limited
Related-party transparency: Limited

Accountability

Independent voting board: 0%; rating input score 0; 9th percentile among comparable filings
Governance controls: 2 of 9 controls in place; rating input score 22
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail

Sustainability

Operating margin: -18.7%; rating input score 40; 40th percentile among comparable filings
Total-asset coverage ratio: 9.27; rating input score 62; 62nd percentile among comparable filings
Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
Officer compensation ratio: 1,379.9%; rating input score 1; 1st percentile among comparable filings

Growth

Program expense growth: -11.1% per year; rating input score 0; 27th percentile among comparable filings
Revenue growth: -9.6% per year; rating input score 0; 33rd percentile among comparable filings
Asset growth: -4.5% per year; rating input score 0; 22nd percentile among comparable filings

Details

Where the money goes: 74.2% of revenue deployed · 38% of spending went to programs
Governance: 0 of 12 board members independent · 2 of 9 filing controls reported
Programs: 1 filed program accomplishment · $23K in reported program spending
Leadership: top reported pay $545K · 12 people listed · 0 of 6 pay-setting controls reported
Consistency: 19 of 19 current checks pass
Schedules: 5 filed schedules · includes executive pay
Filing history: 9 filing years from 2011 to 2024
Contacts: How to reach this organization
Money network: 1 filed money-flow record
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.

High — Accountability: Independent voting board scored 0/100.
High — Transparency & Controls: Pay-setting controls scored 0/100.
Moderate — Financial Efficiency: Program expense ratio scored 38/100.
High — Accountability: Governance controls: 6 of 8 not reported.
High — Growth: Program expense growth scored 0/100.
High — Growth: Revenue growth scored 0/100.
Moderate — Sustainability: Operating margin scored 40/100.
High — Growth: Asset growth scored 0/100.
High — Sustainability: Officer compensation ratio scored 1/100.
High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.