Three Valleys Community Foundation

Nonprofit profile at a glance

EIN
871782380
IRS 990 coverage
2021–2024
Forms available
Form 990 2024
Location
Pleasanton, CA, USA
Phone
9259183211
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community Foundations

Official website

Reported finances

Revenue
$4,706,834
Expenses
$2,226,133
Assets
$5,596,848
Liabilities
$1,271,298

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

Leadership & pay

13 people listed

Executive titles in this filing

  • Dr Kelly Bowers (Chief Executive Officer)

Highest reported compensation

  • Dr Kelly Bowers (Chief Executive Officer): $75,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We envision a community where everyone has the opportunity to live a full and rewarding life. We work collaboratively with community leaders, philanthropists, corporations and front line nonprofits to identify, surface, and address our region's most pressing needs. We channel local resources toward worthy localcauses in order to make a positive, lasting and transformative impact on our region.

What it reported doing in 2024

Three Valleys Community Foundation hosts an annual State of Giving Gathering event that brings together donors, nonprofits, community leaders, elected officials, fundholders, corporate sponsors, and all who care about community to celebrate and award grants to nonprofits in support of their direct service work and to amplify their impact and bring awareness to their causes and the unmet needs and challenges in our community and region. We report on the state of philanthropy and have an inspiring keynote speaker to motivate everyone to renew their commitment to give, grant and grow our community.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 96% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 53
  • Transparency & Controls: 87
  • Accountability: 80
  • Sustainability: 77
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 42.7%; rating input score 43
  • Program expense ratio: 87.4%; rating input score 87
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 5th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 92.1%; rating input score 92; 27th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 92.3%; rating input score 92; 23rd 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: 52.7%; rating input score 93; 93rd percentile among comparable filings
  • Total-asset coverage ratio: 2.51; rating input score 69; 69th percentile among comparable filings
  • Liabilities to assets ratio: 0.23; rating input score 41; 41st percentile among comparable filings
  • Officer compensation ratio: 3.4%; rating input score 66; 66th percentile among comparable filings

Growth

  • Program expense growth: 79% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: 62.3% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 72.1% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: 42.7% of revenue deployed · 87.4% of spending went to programs
  • Governance: 12 of 13 board members independent · 5 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $1.9M in reported program spending
  • Leadership: top reported pay $75K · 13 people listed
  • Consistency: 20 of 21 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: 34 filed money-flow records
  • Related organizations: 28 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: Mission deployment rate scored 43/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 41/100.