Civic Intelligence

Placer Community Foundation

990 • Fiscal year 2021 • EIN 20-1485011

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 14, 2022

POBox 9207Auburn, CA 95604

(530) 885-4920

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

18th percentile

0.01x

Higher debt load relative to assets than 18% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

20th percentile

0.05x

Higher debt load relative to revenue than 20% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

81st percentile

40%

Higher net margin than 81% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

63rd percentile

$210,781

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

52nd percentile

11%

Faster asset growth than 52% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

9th percentile

-29%

Faster revenue growth than 9% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Assets

Up

$19,564,863

Up $1,870,410 (+11%) from 2020

Net Assets

Up

$19,281,365

Up $1,741,054 (+9.9%) from 2020

Liabilities

Up

$283,498

Up $129,356 (+84%) from 2020

Revenue

Down

$5,383,232

Down $2,218,803 (-29%) from 2020

Expenses

Down

$3,245,069

Down $2,000,698 (-38%) from 2020

Net Income

Down

$2,138,163

Down $218,105 (-9.3%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2011: $5,183,550Liabilities 2011: $86,163Net Assets 2011: $5,097,3872011Assets 2012: $6,798,786Liabilities 2012: $47,646Net Assets 2012: $6,751,1402012Assets 2013: $8,007,167Liabilities 2013: $66,736Net Assets 2013: $7,940,4312013Assets 2014: $8,249,002Liabilities 2014: $70,627Net Assets 2014: $8,178,3752014Assets 2015: $9,582,964Liabilities 2015: $81,662Net Assets 2015: $9,501,3022015Assets 2016: $10,897,618Liabilities 2016: $76,580Net Assets 2016: $10,821,0382016Assets 2017: $13,441,637Liabilities 2017: $74,370Net Assets 2017: $13,367,2672017Assets 2018: $12,546,680Liabilities 2018: $238,446Net Assets 2018: $12,308,2342018Assets 2019: $14,587,915Liabilities 2019: $96,109Net Assets 2019: $14,491,8062019Assets 2020: $17,694,453Liabilities 2020: $154,142Net Assets 2020: $17,540,3112020Assets 2021: $19,564,863Liabilities 2021: $283,498Net Assets 2021: $19,281,3652021Assets 2022: $16,321,586Liabilities 2022: $90,091Net Assets 2022: $16,231,4952022Assets 2023: $18,615,872Liabilities 2023: $115,927Net Assets 2023: $18,499,9452023Assets 2024: $21,945,309Liabilities 2024: $110,898Net Assets 2024: $21,834,4112024

Highlighted filing

2021

Assets$19,564,863
Liabilities$283,498
Net Assets$19,281,365

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $1,045,7362011Expenses 2012: $1,041,0222012Revenue 2013: $2,417,286Expenses 2013: $1,227,995Net Income 2013: $1,189,2912013Revenue 2014: $1,563,185Expenses 2014: $1,325,241Net Income 2014: $237,9442014Revenue 2015: $2,758,336Expenses 2015: $1,435,409Net Income 2015: $1,322,9272015Revenue 2016: $2,550,399Expenses 2016: $1,495,484Net Income 2016: $1,054,9152016Revenue 2017: $4,183,400Expenses 2017: $1,252,058Net Income 2017: $2,931,3422017Revenue 2018: $2,214,578Expenses 2018: $2,299,628Net Income 2018: -$85,0502018Revenue 2019: $2,023,917Expenses 2019: $1,648,794Net Income 2019: $375,1232019Revenue 2020: $7,602,035Expenses 2020: $5,245,767Net Income 2020: $2,356,2682020Revenue 2021: $5,383,232Expenses 2021: $3,245,069Net Income 2021: $2,138,1632021Revenue 2022: $2,435,295Expenses 2022: $2,669,921Net Income 2022: -$234,6262022Revenue 2023: $3,980,860Expenses 2023: $2,813,270Net Income 2023: $1,167,5902023Revenue 2024: $4,570,305Expenses 2024: $2,505,098Net Income 2024: $2,065,2072024

Highlighted filing

2021

Revenue$5,383,232
Expenses$3,245,069
Net Income$2,138,163
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.0
Gross Receipts
$5,383,232
Mission and Program Overview

Mission

The Placer Community Foundation grows local giving to strengthen our community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$13,933,157$16,404,046▲ $2,470,889
Savings and Temporary Cash Investments$2,577,723$2,534,896▼ $42,827
Cash and Non-Interest-Bearing Accounts$1,172,122$594,517▼ $577,605
Prepaid Expenses and Deferred Charges$3,307$3,307→ $0
Land, Buildings, and Equipment, Net$3,394$1,643▼ $1,751
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$17,694,453$19,564,863▲ $1,870,410
Other Assets Total$4,750$26,454▲ $21,704
Liabilities
Accounts Payable and Accrued Expenses$68,167$271,398▲ $203,231
Other Liabilities$67,000--
Deferred Revenue$18,975$12,100▼ $6,875
Total Liabilities$154,142$283,498▲ $129,356
Net Assets / Fund Balance
Net Assets With Donor Restrictions$12,846,814$13,657,728▲ $810,914
Net Assets Without Donor Restrictions$4,693,497$5,623,637▲ $930,140
Total Net Assets Fund Balance$17,540,311$19,281,365▲ $1,741,054
Total Liabilities and Net Assets / Fund Balance$17,694,453$19,564,863▲ $1,870,410

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,644$21,065$22,709
Other Land Buildings$-1$3,651$3,650
Leasehold Improvements-$2,075$2,075

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$12,896,814$241,056▲ $1,146,359$361,000$13,707,728
2020$11,825,847$508,724▲ $1,014,505$279,642$12,896,814
2019$10,146,765$116,178▲ $2,018,558$428,555$11,775,847
2018$8,859,184$2,424,629▼ $657,964$301,486$10,146,765
2017$8,469,105$390,079▲ $1,398,657$1,239,357$8,859,184
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Veronica BlakeCEOFT$183,982$26,799$210,781

Board Members and Trustees

NameTitle
James T WilliamsChairman
Larry WelchImm Past Chair
Sue Thompson1st Vice Chair
Sheila Cardno2nd Vice Chair
Elise BakerDirector
Guy R GibsonDirector
Margaret FultonDirector
Nadder MirsepassiDirector
Pam ConstantinoDirector
Raul MartinezDirector
Richard SalettaDirector
Bonnie LondonSecretary
Ellen MacInnesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,339,983
Program Service Revenue
$92,580
Investment Income
$1,950,669
Other Revenue
$0
All Other Contributions
$2,775,483
Change in Net Assets
$2,138,163

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded8$455,906Fair Market Value (FMV)
Other Non Cash Contri Table1$21,700Appraisal
Total Noncash Contributions9$477,606-

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,285,124
Revenue Not Reported on Financial Statements
$98,108
Revenue Not Reported on Form 990
$-131,986
Total Revenue per Audited Statements
$5,153,138
Total Revenue per Form 990
$5,383,232
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,449,821
Other Expenses$1,177,161
Salaries, Compensation, and Employee Benefits$618,087
Total Fundraising Expense$28,434
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,449,821--$1,449,821
Other Salaries and Wages$298,467$19,679$9,840$327,986
Fees for Services Other$207,013$3,455$1,727$212,195
Current Officers, Directors, Trustees, and Key Employees$167,424$11,039$5,519$183,982
Fees for Service Investment Mgmnt Fees$89,278$5,886$2,944$98,108
Other Employee Benefits$62,074$4,093$2,046$68,213
Fees for Services Accounting$59,994$3,956$1,978$65,928
Payroll Taxes$34,495$2,274$1,137$37,906
All Other Expenses$11,354$596$297$12,247
Travel$10,260$361$180$10,801
Other Expenses$6,151$308$154$6,613
Occupancy$4,925$325$162$5,412
Insurance$4,829$318$159$5,306
Depreciation Depletion$1,589$105$52$1,746
Total Functional Expenses$3,159,761$56,874$28,434$3,245,069

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,412,084
Total Expenses per Form 990$3,245,069
Expenses per Audited Statements$3,146,961
Expenses Not Reported on Form 990$265,123
Expenses Not Reported on Financial Statements$98,108
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Auburn Chamber of Commerce FAuburn, CA-Community Services$191,701
Lighthouse Counceling FRCLincoln, CA-Health & Human Services$90,750
Sierra Nevada Memorial HopsitGrass Valley, CA-Health & Human Services$77,500
Placer Land TrustAuburn, CA-Open Space Preservation$75,250
Boys & Girls Club of PlacerAuburn, CA-Youth Services$66,250
Placer People of FaithAuburn, CA-Health & Human Services$58,500
Gold Country Wildlife RescueAuburn, CA-Animal Protection/Services$57,250
Mercy Housing CaliforniaDenver, CO-Health & Human Services$55,000
Health Education CouncilWest Sacramento, CA-Community Services$50,000
University of Southern CALos Angeles, CA-Education$50,000
Sierra College FoundationRocklin, CA-Education$43,757
Native Alliance of the SierraAuburn, CA-Health & Human Services$39,250
Placer SPCARoseville, CA-Animal Protection/Services$36,600
Placer County Office of EdAuburn, CA-Education$36,250
Crisis Intervention ServicesKings Beach, CA-Health & Human Services$34,000
Horses HonorAuburn, CA-Animal Protection/Services$30,000
Auburn SymphonyAuburn, CA-Arts$20,500
Fosters & PawsSacramento, CA-Animal Protection/Services$20,000
Latino Leadership CouncilAuburn, CA-Health & Human Services$19,250
Gold Cntry Fair Heritage FounAuburn, CA-Community Services$17,250
Auburn State TheatreAuburn, CA-Arts$17,080
American Red CrossSacramento, CA-Health & Human Services$17,000
The Center for Nonprofit LeadNevada City, CA-NPO Development$15,500
St Lukes Episcopal ChurchAuburn, CA-Religion$15,000
Valley Resource RecoveryModesto, CA-Health & Human Services$15,000
My Mothers VoiceRoseville, CA-Youth Services$14,000
Stand Up PlacerAuburn, CA-Health & Human Services$13,750
Placer Food BankRoseville, CA-Health & Human Services$13,100
Sight Word BustersAuburn, CA-Education$11,750
Child Advocates of PlacerAuburn, CA-MHSA/Health & Human Services$11,000
Seniors FirstAuburn, CA-Health & Human Services$10,936
Firefighters Burn InsituteSacramento, CA-Health & Human Services$10,200
Almost Home 4EverSacramento, CA-Animal Protection/Services$10,000
Auburn Interfaith Food ClosetAuburn, CA-Health & Human Services$10,000
Friends of Unwanted RabbitsFolsom, CA-Animal Protection/Services$10,000
Leaps & Bounds Rabbit RescueRoseville, CA-Animal Protection/Services$10,000
Market Street Railway CoSan Francisco, CA-Community Services$10,000
Placer Cnty Law EnforcementNewcastle, CA-Health & Human Services$10,000
Roseville Arts dba Blue LineRoseville, CA-Arts$9,025
Kitten Central of Placer CntyNewcastle, CA-Animal Protection/Services$8,250
Friends of the Roseville P LiRoseville, CA-Community Services$8,000
Animal Spay and Neuter ClinicAuburn, CA-Animal Protection/Services$7,500
St Vincent de Paul SocietyRoseville, CA-Health & Human Services$7,500
Placer Family HousingAuburn, CA-Health & Human Services$7,250
ATLAS Learning AcademyLincoln, CA-Education$7,000
Foresthill Res for Resp GrowtForesthill, CA-Community Services$6,846
KidsFirst Child Abuse PrevRoseville, CA-Health & Human Services$6,500
Sierra Grace FellowshipAuburn, CA-Religion$6,000
Teaching Everyone Animals MatSacramento, CA-Animal Protection/Services$6,000
The Gathering InnRoseville, CA-Religion$5,600
Compassion PlanetRocklin, CA-Youth Services$5,500
Friends of Auburn LibraryAuburn, CA-Education$5,500
Scooters PalsCedar Ridge, CA-Animal Protection/Services$5,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 is circulated to the board for review before it is filed.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Conflict of interest declarations are updated annually.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The board conducts a compensation comparability study for the CEO position annually.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Audited financial statements are posted on the foundations website. (Placercf.org)

Filing and Contact Details

Filer

Filer Name
Placer Community Foundation
EIN
20-1485011
Phone
5308854920
Address
POBox 9207, Auburn, CA 95604

Signing Officer

Name
Sheila Cardno
Title
2nd Vice Chair
Signed
2022-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James T Williams
Formed
2004
Legal Domicile
CA
Voting Board Members
14
Independent Board Members
14
Employees
6
Volunteers
30

Preparer

Firm
Jensen Smith Certified Public Accountants Inc
Address
661 5th St Ste 101, Lincoln, CA 95648
Preparer
Jennifer M Jensen CPA
Phone
9164341662
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Arts: Grants enhance and sustain a vibrant arts culture in Placer County by increasing the visibility/accessibility of the arts and promoting sustainability of nonprofit arts organizations. Grants from the Susan Cooley-Gilliom Art Program develop and enhance the visual arts through short-term residencies and workshops taught by nationally established and highly-reputable artists who create a range of media. Funded a public art project at Mercy North Auburn at Rock Creek.

Financial Statement Notes

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Netting internal program income/expense $265123

Part XII, Line 2D: Other expenses and losses per audited F/S

Netting internal program income/expense $265123

Raw XML AppendixShowing 400 of 1,169 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt068167
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0271398
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0The Placer Community Foundation grows local giving to strengthen our community.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt02775483
IRS990/AllOtherExpensesGrp/FundraisingAmt0297
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0596
IRS990/AllOtherExpensesGrp/ProgramServicesAmt011354
IRS990/AllOtherExpensesGrp/TotalAmt012247
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Veronica Blake
IRS990/BooksInCareOfDetail/PhoneNum05308854920
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0POBox 9207
IRS990/BooksInCareOfDetail/USAddress/CityNm0Auburn
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd095604
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01172122
IRS990/CashNonInterestBearingGrp/EOYAmt0594517
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt05519
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt011039
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0167424
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0183982
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03339983
IRS990/CYGrantsAndSimilarPaidAmt01449821
IRS990/CYInvestmentIncomeAmt01950669
IRS990/CYOtherExpensesAmt01177161
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt092580
IRS990/CYRevenuesLessExpensesAmt02138163
IRS990/CYSalariesCompEmpBnftPaidAmt0618087
IRS990/CYTotalExpensesAmt03245069
IRS990/CYTotalFundraisingExpenseAmt028434
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05383232
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DeferredRevenueGrp/BOYAmt018975
IRS990/DeferredRevenueGrp/EOYAmt012100
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt052
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0105
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01589
IRS990/DepreciationDepletionGrp/TotalAmt01746
IRS990/Desc0Community Needs: Grants provide opportunities for greater community impact in education, health and human services, animal welfare, senior programs, preserving historical landmarks and open space. PCF operated several programs for COVID harm reduction and vaccine outreach. PCF partnered with the County of Placer to implement the emergency rental assistance program. $258,901 was distributed to River Fire Victims. Placer Collaborative Network brings together 40 nonprofit, government, health care, faith based, educational and municipal entities to work on collaborative issues facing children, adults and families of Placer County.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0true
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt012846814
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt013657728
IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt02453147
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt01978
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03956
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt059994
IRS990/FeesForServicesAccountingGrp/TotalAmt065928
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/FundraisingAmt01727
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt03455
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0207013
IRS990/FeesForServicesOtherGrp/TotalAmt0212195
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/FundraisingAmt02944
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt05886
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt089278
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt098108
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt210.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt85.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt135.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt026799
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/PersonNm0Veronica Blake
IRS990/Form990PartVIISectionAGrp/PersonNm1Larry Welch
IRS990/Form990PartVIISectionAGrp/PersonNm2James T Williams
IRS990/Form990PartVIISectionAGrp/PersonNm3Sheila Cardno
IRS990/Form990PartVIISectionAGrp/PersonNm4Ellen MacInnes
IRS990/Form990PartVIISectionAGrp/PersonNm5Elise Baker
IRS990/Form990PartVIISectionAGrp/PersonNm6Guy R Gibson
IRS990/Form990PartVIISectionAGrp/PersonNm7Margaret Fulton
IRS990/Form990PartVIISectionAGrp/PersonNm8Bonnie London
IRS990/Form990PartVIISectionAGrp/PersonNm9Nadder Mirsepassi
IRS990/Form990PartVIISectionAGrp/PersonNm10Richard Saletta
IRS990/Form990PartVIISectionAGrp/PersonNm11Pam Constantino
IRS990/Form990PartVIISectionAGrp/PersonNm12Raul Martinez
IRS990/Form990PartVIISectionAGrp/PersonNm13Sue Thompson
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0183982
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Imm Past Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt32nd Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt131st Vice Chair
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt01622063
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt0564500
IRS990/GrantAmt01009757
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01449821
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01449821
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01622063
IRS990/GrossReceiptsAmt05383232
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/FundraisingAmt0159
IRS990/InsuranceGrp/ManagementAndGeneralAmt0318
IRS990/InsuranceGrp/ProgramServicesAmt04829
IRS990/InsuranceGrp/TotalAmt05306
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0328606
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0328606
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt013933157
IRS990/InvestmentsPubTradedSecGrp/EOYAmt016404046
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt026791
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03394
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01643
IRS990/LandBldgEquipCostOrOtherBssAmt028434
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0true
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The Placer Community Foundation grows local giving to strengthen our community.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt017540311
IRS990/NetAssetsOrFundBalancesEOYAmt019281365
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt01622063
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01622063
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-397109
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04693497
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt05623637
IRS990/NoncashContributionsAmt0477606
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt0162
IRS990/OccupancyGrp/ManagementAndGeneralAmt0325
IRS990/OccupancyGrp/ProgramServicesAmt04925
IRS990/OccupancyGrp/TotalAmt05412
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04750
IRS990/OtherAssetsTotalGrp/EOYAmt026454
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02046
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04093
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt062074
IRS990/OtherEmployeeBenefitsGrp/TotalAmt068213
IRS990/OtherExpensesGrp/Desc0Printing and Publications
IRS990/OtherExpensesGrp/Desc1Telephone
IRS990/OtherExpensesGrp/Desc2Dues and Subscriptions
IRS990/OtherExpensesGrp/Desc3Miscellaneous
IRS990/OtherExpensesGrp/FundraisingAmt01808
IRS990/OtherExpensesGrp/FundraisingAmt1220
IRS990/OtherExpensesGrp/FundraisingAmt2211
IRS990/OtherExpensesGrp/FundraisingAmt3154
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03617
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1439
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2423
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3308
IRS990/OtherExpensesGrp/ProgramServicesAmt0739015
IRS990/OtherExpensesGrp/ProgramServicesAmt16661
IRS990/OtherExpensesGrp/ProgramServicesAmt26411
IRS990/OtherExpensesGrp/ProgramServicesAmt36151
IRS990/OtherExpensesGrp/TotalAmt0744440
IRS990/OtherExpensesGrp/TotalAmt17320
IRS990/OtherExpensesGrp/TotalAmt27045
IRS990/OtherExpensesGrp/TotalAmt36613
IRS990/OtherLiabilitiesGrp/BOYAmt067000
IRS990/OtherRevenueMiscGrp/Desc0Misc
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt09840
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt019679
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0298467
IRS990/OtherSalariesAndWagesGrp/TotalAmt0327986
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01137
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02274
IRS990/PayrollTaxesGrp/ProgramServicesAmt034495
IRS990/PayrollTaxesGrp/TotalAmt037906
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03307
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03307
IRS990/PrincipalOfficerNm0James T Williams
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Membership Dues
IRS990/ProgramServiceRevenueGrp/Desc1Program Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt029075
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt163505
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt029075
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt163505
IRS990/ProgSrvcAccomActy2Grp/Desc0Community Leadership Nonprofit Initiative helps local nonprofits thrive and grow through high quality training and technical assistance. Annual leadership summit brings nationally known experts who provide training in best practices in governance and fundraising for over 200 volunteers who serve on boards of directors of nonprofits in Placer County. Nine total trainings provided over 987 hours of free training was provided to nonprofit leaders. The foundation continued its work to educate the public on the need for affordable workforce housing in Placer County and to advocate for policy changes to ensure affordable housing is constructed.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0284378
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0144982
IRS990/ProgSrvcAccomActy3Grp/Desc0Youth Development: Grants supporting the needs of at-risk and economically disadvantaged youth in Placer County are awarded. Scholarship funds are awarded to students who are pursuing further education in a vocational, college or university setting.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0250769
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0188477
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt07021204
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt04312323
IRS990/PYInvestmentIncomeAmt0494354
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0379468
IRS990/PYProgramServiceRevenueAmt086477
IRS990/PYRevenuesLessExpensesAmt02356268
IRS990/PYSalariesCompEmpBnftPaidAmt0553976
IRS990/PYTotalExpensesAmt05245767
IRS990/PYTotalRevenueAmt07602035
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt02138163
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02577723
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02534896

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.9$0.11$21.8$4.57$2.51$2.07
2023Detailed filing. Detailed filing data is available for this year.$18.6$0.12$18.5$3.98$2.81$1.17
2022Detailed filing. Detailed filing data is available for this year.$16.3$0.09$16.2$2.44$2.67$0.23
2021Detailed filing. Detailed filing data is available for this year.$19.6$0.28$19.3$5.38$3.25$2.14
2020Detailed filing. Detailed filing data is available for this year.$17.7$0.15$17.5$7.60$5.25$2.36
2019Detailed filing. Detailed filing data is available for this year.$14.6$0.10$14.5$2.02$1.65$0.38
2018Detailed filing. Detailed filing data is available for this year.$12.5$0.24$12.3$2.21$2.30$0.09
2017Detailed filing. Detailed filing data is available for this year.$13.4$0.07$13.4$4.18$1.25$2.93
2016Detailed filing. Detailed filing data is available for this year.$10.9$0.08$10.8$2.55$1.50$1.05
2015Detailed filing. Detailed filing data is available for this year.$9.58$0.08$9.50$2.76$1.44$1.32
2014Detailed filing. Detailed filing data is available for this year.$8.25$0.07$8.18$1.56$1.33$0.24
2013Detailed filing. Detailed filing data is available for this year.$8.01$0.07$7.94$2.42$1.23$1.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.80$0.05$6.75$1.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.18$0.09$5.10$1.05