GOLD2023

PENINSULA COLLEGE FUND

aka PCF   |   Milpitas, CA   |  www.peninsulacollegefund.org
GuideStar Charity Check

PENINSULA COLLEGE FUND

EIN: 26-4293269


Mission

To assist low-income, underserved and often overlooked first-generation \r\ncollege students from the Mid-Peninsula in their quest to graduate, and \r\nto help them achieve their education and career goals.

Ruling year info

2009

Executive Director

Christina Mireles

Main address

Sobrato Center for Nonprofits - Milpitas 526 Valley Way

Milpitas, CA 95035 USA

Show more contact info

EIN

26-4293269

Subject area info

Education

Undergraduate education

Population served info

Low-income people

Academics

Students

NTEE code info

Scholarships, Student Financial Aid, Awards (B82)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

College Scholarships

We provide scholars with a scholarship of $3,000 for all four years of college

Population(s) Served

We provide each student with a one-to-one adult mentor throughout their college career.

Population(s) Served

We offer each scholar access to summer internships to broaden their perspective and provide valuable employment experience.  We also offer a limited number of stipends to allow them to pursue meaningful unpaid internship opportunities.

Population(s) Served

We provide on-going and in-depth workshops and other resources to give our scholars the tools to succeed in college and beyond.

Population(s) Served

Where we work

Affiliations & memberships

Non-Profit of the Year 2022

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To make fundamental changes to our programs and/or operations

  • Which of the following feedback practices does your organization routinely carry out?

  • What challenges does the organization face when collecting feedback?

    It is difficult to get the people we serve to respond to requests for feedback, The people we serve tell us they find data collection burdensome

Financials

PENINSULA COLLEGE FUND
Fiscal year: Jul 01 - Jun 30
Financial documents
2021 2021 Financial Statement 2019
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

2.20

Average of 0.87 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

16

Average of 10.3 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

24%

Average of 14% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

PENINSULA COLLEGE FUND

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

PENINSULA COLLEGE FUND

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

PENINSULA COLLEGE FUND

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of PENINSULA COLLEGE FUND’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $83,468 -$164,399 -$227,115 $378,793 $1,426,749
As % of expenses 7.9% -13.3% -13.0% 21.0% 46.3%
Unrestricted surplus (deficit) after depreciation $81,135 -$166,817 -$230,560 $365,421 $1,408,558
As % of expenses 7.7% -13.5% -13.1% 20.1% 45.4%
Revenue composition info
Total revenue (unrestricted & restricted) $1,320,381 $972,699 $1,500,305 $1,589,008 $7,638,756
Total revenue, % change over prior year 19.4% -26.3% 54.2% 5.9% 380.7%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.1% 0.1% 0.1% 0.0% 0.0%
Government grants 0.0% 0.0% 0.0% 8.1% 2.0%
All other grants and contributions 99.9% 99.9% 99.9% 91.5% 96.8%
Other revenue 0.0% 0.0% 0.0% 0.3% 1.2%
Expense composition info
Total expenses before depreciation $1,053,513 $1,235,698 $1,752,520 $1,804,622 $3,083,905
Total expenses, % change over prior year 20.5% 17.3% 41.8% 3.0% 70.9%
Personnel 44.3% 45.9% 41.6% 47.1% 35.8%
Professional fees 5.4% 3.9% 2.9% 5.9% 10.6%
Occupancy 1.3% 3.5% 3.3% 0.0% 0.3%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 40.0% 38.1% 45.0% 38.3% 32.1%
All other expenses 9.0% 8.5% 7.3% 8.7% 21.2%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $1,055,846 $1,238,116 $1,755,965 $1,817,994 $3,102,096
One month of savings $87,793 $102,975 $146,043 $150,385 $256,992
Debt principal payment $0 $0 $0 $0 $150,855
Fixed asset additions $0 $5,385 $4,323 $16,706 $0
Total full costs (estimated) $1,143,639 $1,346,476 $1,906,331 $1,985,085 $3,509,943

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 8.6 8.3 7.9 9.9 16.0
Months of cash and investments 8.6 8.3 7.9 9.9 16.0
Months of estimated liquid unrestricted net assets 2.0 0.1 -1.5 0.9 6.0
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $757,713 $851,673 $1,155,954 $1,495,267 $4,122,013
Investments $0 $0 $0 $0 $0
Receivables $1,047,671 $816,468 $754,683 $513,117 $2,884,575
Gross land, buildings, equipment (LBE) $0 $2,967 $5,319 $11,359 $11,359
Accumulated depreciation (as a % of LBE) 0.0% 0.0% 27.7% 36.8% 56.6%
Liabilities (as a % of assets) 52.1% 64.1% 82.0% 69.3% 26.6%
Unrestricted net assets $177,225 $10,408 -$220,152 $145,269 $1,553,827
Temporarily restricted net assets $695,400 $596,800 N/A N/A N/A
Permanently restricted net assets $0 $0 N/A N/A N/A
Total restricted net assets $695,400 $596,800 $571,700 $485,169 $3,613,271
Total net assets $872,625 $607,208 $351,548 $630,438 $5,167,098

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

Executive Director

Christina Mireles

Christina grew up in San Jose, CA and attended Harker Academy (grades 3-8; now known as The Harker School) and Presentation High School (9-12) on academic- and need-based scholarships. She then went on to Tufts University where she earned a BA in Political Science with thesis honors, followed by a Master in Public Policy from Georgetown University and a Juris Doctor from Northwestern University. Prior to joining PCF, Christina served as Deputy Director at Escuela Popular, a K-12 charter school in East San Jose that serves a predominantly Latino student population, many of whom are recent immigrants. \n\nFor nearly nine years, she spearheaded Escuela Popular’s operations – strategy, HR, compliance, legal, finance, and board relations. Christina entered the charter school landscape through Ed Tec, a mission-driven for-profit company providing back-office services to charter schools throughout the United States. Christina began her career nearly 20 years ago as an attorney with Crowell & Mo

Number of employees

Source: IRS Form 990

PENINSULA COLLEGE FUND

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
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Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

PENINSULA COLLEGE FUND

Board of directors
as of 01/27/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board co-chair

Charles Schmuck

Presentation High School


Board co-chair

Eric Hartwig

Charles Schmuck

Asha Guha

Eric Hartwig

Dani Gaspirini

Karen Canty

Bob Couch

Lydia Kearney

Michael Pope

Charles Schaff

Erica M. Torres

Jo Volkert

Pat Clements

Jackee Bruno

Elisabeth Magaña

Scott Rash

Michelle Soto

Danny Winschuh

Anne Wong

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 1/26/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
Hispanic/Latino/Latina/Latinx
Gender identity
Female

Race & ethnicity

No data

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data

Disability

No data