Civic Intelligence

The West Marin Fund

990 • Fiscal year 2017 • EIN 27-4102086

Jul 01, 2016 to Jun 30, 2017 • Filed on Feb 28, 2018

P O Box 1496Pt Reyes Station, CA 94956

(415) 663-9733

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

79th percentile

21%

Higher net margin than 79% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

48th percentile

$59,900

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 9.4% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

84th percentile

26%

Faster asset growth than 84% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

82nd percentile

36%

Faster revenue growth than 82% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,138,100

Up $235,995 (+26%) from 2016

Net Assets

Up

$1,138,100

Up $235,995 (+26%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$639,067

Up $169,514 (+36%) from 2016

Expenses

Up

$502,637

Up $279,345 (+125%) from 2016

Net Income

Down

$136,430

Down $109,831 (-45%) from 2016

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2012: $240,363Liabilities 2012: $0Net Assets 2012: $240,3632012Assets 2015: $657,908Liabilities 2015: $0Net Assets 2015: $657,9082015Assets 2016: $902,105Liabilities 2016: $0Net Assets 2016: $902,1052016Assets 2017: $1,138,100Liabilities 2017: $0Net Assets 2017: $1,138,1002017Assets 2019: $2,721,049Liabilities 2019: $5,086Net Assets 2019: $2,715,9632019Assets 2020: $3,956,411Liabilities 2020: $252,672Net Assets 2020: $3,703,7392020Assets 2022: $4,157,531Liabilities 2022: $90,268Net Assets 2022: $4,067,2632022Assets 2024: $5,990,748Liabilities 2024: $436,939Net Assets 2024: $5,553,8092024

Highlighted filing

2017

Assets$1,138,100
Liabilities$0
Net Assets$1,138,100

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0Expenses 2012: $28,5092012Revenue 2015: $366,198Expenses 2015: $207,741Net Income 2015: $158,4572015Revenue 2016: $469,553Expenses 2016: $223,292Net Income 2016: $246,2612016Revenue 2017: $639,067Expenses 2017: $502,637Net Income 2017: $136,4302017Revenue 2019: $2,171,706Expenses 2019: $1,062,674Net Income 2019: $1,109,0322019Revenue 2020: $2,528,005Expenses 2020: $1,706,836Net Income 2020: $821,1692020Revenue 2022: $1,983,592Expenses 2022: $1,756,378Net Income 2022: $227,2142022Revenue 2024: $3,179,360Expenses 2024: $2,743,794Net Income 2024: $435,5662024

Highlighted filing

2017

Revenue$639,067
Expenses$502,637
Net Income$136,430
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Feb 28, 2018
Return Version
2016v3.0
Gross Receipts
$696,823
Mission and Program Overview

Mission

West marin fund is a community foundation that inspires giving and mobilizes resources to enhance the long-term wellbeing and quality of life for all in coastal west marin.

To maintain and enhance the cultural, health, educational, social and civic resources of west marin, a california community, through support of other nonprofit organizations and to provide philanthropic leadership to help create and promote efforts among citizens to maintain and improve the quality of life in that community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$902,105$1,138,100▲ $235,995
Investments in Publicly Traded Securities$295,840$434,771▲ $138,931
Cash and Non-Interest-Bearing Accounts$72,091$25,370▼ $46,721
Savings and Temporary Cash Investments$3,006$1,215▼ $1,791
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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$902,105$1,138,100▲ $235,995
Other Assets Total$531,168$676,744▲ $145,576
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$902,105$1,138,100▲ $235,995
Total Liabilities and Net Assets / Fund Balance$902,105$1,138,100▲ $235,995

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$676,744--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Catherine PorterExecutive DirectorPT$59,900$59,900
Sarah HobsonExecutive DirectorFT$14,308$14,308

Board Members and Trustees

NameTitle
Harriet MossPresident
Gary IrelandDirector
Mary RoccaDirector
Michael MeryDirector
Steve CostaDirector
Susan ByrdDirector
Ann ShulmanSecretary
Cindy OhamaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$615,590
Program Service Revenue
$0
Investment Income
$15,339
Other Revenue
$8,138
All Other Contributions
$615,590
Change in Net Assets
$136,430

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded4$27,525Fair Market Value (FMV)
Total Noncash Contributions4$27,525-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$328,992
Other Expenses$98,097
Salaries, Compensation, and Employee Benefits$75,548
Total Fundraising Expense$32,796
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$328,992--$328,992
Current Officers, Directors, Trustees, and Key Employees$40,232$10,283$23,693$74,208
Fees for Services Other$58,542$4,701$6,356$69,599
Fees for Services Accounting-$5,061-$5,061
Occupancy$1,409$1,408$1,408$4,225
Fees for Services Legal-$2,519-$2,519
Insurance$179$1,479$179$1,837
Payroll Taxes$402$402$536$1,340
Other Expenses$3,416$1,101$624$1,101
Total Functional Expenses$436,648$33,193$32,796$502,637
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Other - Each 5k or LessPoint Reyes Sta, CA-Donation$97,750
Marin Agricultural Land TrustPoint Reyes Sta, CA-Donation$25,500
Calif Council Science & TechSacramento, CA-Donation$25,000
Extra FoodorgSan Rafael, CA-Donation$25,000
Friends Without a BorderNew York, NY-Donation$25,000
Inverness Garden ClubInverness, CA-Donation$25,000
Pacific InstituteOakland, CA-Donation$25,000
Tomales Bay Youth CenterPoint Reyes, CA-Donation$20,292
Comty Lnd Trust Assoc W MarinPoint Reyes Sta, CA-Donation$15,950
Miller Ctr for Social EntreprSanta Clara, CA-Donation$10,000
West Marin Senior ServicesPoint Reyes Sta, CA-Donation$10,000
Dance Palace Community CenterPoint Reyes Sta, CA-Donation$8,000
Bolinas Community Land TrustBolinas, CA-Donation$6,000
Coastal Health AlliancePoint Reyes, CA-Donation$5,350
Gallery Route OnePoint Reyes Sta, CA-Donation$5,150
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$11,310
Fundraising Direct Expenses$3,390
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
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
Backup withholding compliance
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Board of directors, executive director and treasurer reviews prior to filing.

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

Annually the board and staff must complete and sign a conflict-of-interest disclosure statement/form.

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

Executive director's compensation determined by board after considering similar positions in same geographic area.

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

All documents, financial statements, and tax returns required to be made public are available on guidestar.org and provided upon written request.

Filing and Contact Details

Filer

Filer Name
The West Marin Fund
EIN
27-4102086
Phone
4156639733
Address
P O BOX 1496, PT REYES STATION, CA 94956

Signing Officer

Name
Sarah Hobson
Title
Executive Director
Signed
2018-02-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah Hobson
Formed
2010
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
35

Preparer

Firm
Mark Mumm CPA
Address
12655 Fiori Lane, Sebastopol, CA 95472-9571
Preparer
Mark Mumm
Phone
4154533341
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IRS990/OtherAssetsTotalGrp/EOYAmt0676744
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14590
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IRS990/OtherExpensesGrp/TotalAmt23416
IRS990/OtherExpensesGrp/TotalAmt31101
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0402
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IRS990/PayrollTaxesGrp/TotalAmt01340
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IRS990ScheduleD/DonorAdvisedFundsContriAmt0200000
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IRS990ScheduleD/DonorAdvisedFundsHeldCnt01
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IRS990ScheduleI/RecipientTable/CashGrantAmt25350
IRS990ScheduleI/RecipientTable/CashGrantAmt315950
IRS990ScheduleI/RecipientTable/CashGrantAmt48000
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IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
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IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt90
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt100
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt110

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