Civic Intelligence

San Marcos Community Foundation

EIN 33-0259068 • 501(c)3 • San Marcos, CA

Profile

Enrich the quality of life for the community of San Marcos by serving as a nonprofit public benefit corporation providing financial and other assistance programs benefiting the City or its residents

1 Civic Center DriveSan Marcos, CA 92069

see schedule o

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

22nd percentile

0.00x

Higher debt load relative to assets than 22% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

35th percentile

0.02x

Higher debt load relative to revenue than 35% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

30th percentile

-4.2%

Higher net margin than 30% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

93rd percentile

$201,183

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 251.7% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2025

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2025

Assets

Up

$1,407,850

Up $73,581 (+5.5%) from 2024

Liabilities

Up

$1,816

Up $1,636 (+909%) from 2024

Net Assets

Up

$1,406,034

Up $71,945 (+5.4%) from 2024

Revenue

Up

$79,939

Up $29,914 (+60%) from 2024

Expenses

Up

$83,314

Up $6,962 (+9.1%) from 2024

Net Income

Up

-$3,375

Up $22,952 (+87%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,244,727Liabilities 2011: $137Net Assets 2011: $1,244,5902011Assets 2012: $1,147,825Liabilities 2012: $0Net Assets 2012: $1,147,8252012Assets 2013: $1,196,403Liabilities 2013: $0Net Assets 2013: $1,196,4032013Assets 2014: $1,300,822Liabilities 2014: $0Net Assets 2014: $1,300,8222014Assets 2015: $1,244,693Liabilities 2015: $13,988Net Assets 2015: $1,230,7052015Assets 2016: $1,164,652Liabilities 2016: $0Net Assets 2016: $1,164,6522016Assets 2017: $1,237,856Liabilities 2017: $0Net Assets 2017: $1,237,8562017Assets 2018: $1,265,732Liabilities 2018: $0Net Assets 2018: $1,265,7322018Assets 2019: $1,260,157Liabilities 2019: $0Net Assets 2019: $1,260,1572019Assets 2020: $1,229,656Liabilities 2020: $0Net Assets 2020: $1,229,6562020Assets 2021: $1,561,443Liabilities 2021: $72,333Net Assets 2021: $1,489,1102021Assets 2022: $1,370,400Liabilities 2022: $139,409Net Assets 2022: $1,230,9912022Assets 2023: $1,279,582Liabilities 2023: $3,500Net Assets 2023: $1,276,0822023Assets 2024: $1,334,269Liabilities 2024: $180Net Assets 2024: $1,334,0892024Assets 2025: $1,407,850Liabilities 2025: $1,816Net Assets 2025: $1,406,0342025

Highlighted filing

2025

Assets$1,407,850
Liabilities$1,816
Net Assets$1,406,034

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50K-$100KExpenses 2011: $11,4212011Expenses 2012: $54,6652012Expenses 2013: $56,7882013Revenue 2014: $50,700Expenses 2014: $71,751Net Income 2014: -$21,0512014Revenue 2015: $42,444Expenses 2015: $72,374Net Income 2015: -$29,9302015Revenue 2016: $9,237Expenses 2016: $56,622Net Income 2016: -$47,3852016Revenue 2017: $26,343Expenses 2017: $65,282Net Income 2017: -$38,9392017Revenue 2018: $64,739Expenses 2018: $69,946Net Income 2018: -$5,2072018Revenue 2019: $68,654Expenses 2019: $68,981Net Income 2019: -$3272019Revenue 2020: $30,312Expenses 2020: $51,205Net Income 2020: -$20,8932020Revenue 2021: $27,400Expenses 2021: $84,836Net Income 2021: -$57,4362021Revenue 2022: $50,934Expenses 2022: $76,844Net Income 2022: -$25,9102022Revenue 2023: $88,382Expenses 2023: $78,321Net Income 2023: $10,0612023Revenue 2024: $50,025Expenses 2024: $76,352Net Income 2024: -$26,3272024Revenue 2025: $79,939Expenses 2025: $83,314Net Income 2025: -$3,3752025

Highlighted filing

2025

Revenue$79,939
Expenses$83,314
Net Income-$3,375

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$0.00$1.41$0.08$0.08$0.00
2024Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$0.05$0.08$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.28$0.00$1.28$0.09$0.08$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.37$0.14$1.23$0.05$0.08$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$0.07$1.49$0.03$0.08$0.06
2020Detailed filing. Detailed filing data is available for this year.$1.23$0.00$1.23$0.03$0.05$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.26$0.00$1.26$0.07$0.07$0.00
2018Detailed filing. Detailed filing data is available for this year.$1.27$0.00$1.27$0.06$0.07$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.24$0.00$1.24$0.03$0.07$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.16$0.00$1.16$0.01$0.06$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.24$0.01$1.23$0.04$0.07$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.30$0.05$0.07$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.00$1.20$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$0.00$1.15$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$0.00$1.24$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 6, 2025
Return Version
2024v5.2
Gross Receipts
$79,939
Mission and Program Overview

Mission

Enrich the quality of life for the community of San Marcos by serving as a nonprofit public benefit corporation providing financial and other assistance programs benefiting the City or its residents

To support organizations and charities specializing in programs to benefit the San Marcos community

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$1,307,597$1,378,712▲ $71,115
Cash and Non-Interest-Bearing Accounts$26,672$29,138▲ $2,466
Savings and Temporary Cash Investments-$0-
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 Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,334,269$1,407,850▲ $73,581
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$180$1,816▲ $1,636
Total Liabilities$180$1,816▲ $1,636
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,010,831$1,019,815▲ $8,984
Net Assets Without Donor Restrictions$323,258$386,219▲ $62,961
Total Net Assets Fund Balance$1,334,089$1,406,034▲ $71,945
Total Liabilities and Net Assets / Fund Balance$1,334,269$1,407,850▲ $73,581

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,010,831$300--$1,011,131
2023$1,010,491$340--$1,010,831
2022$1,008,491$2,000--$1,010,491
2021$1,007,633$858--$1,008,491
2020$1,006,888$745--$1,007,633
Compensation and Service Providers

Board Members and Trustees

NameTitle
Carol GendelPresident
Gary GrevingVice President
Erika SkaarDirector
Janice MillerDirector
Jennifer HoDirector
Mike HardestyDirector
Momcilo SavovicDirector
Robert CrainDirector
Stephanie BussenDirector
paul mendozaDirector
Donna AparDirector Finance
Phillip ScollickSec/city Clerk
Revenue and Support

Revenue Composition

Contributions and Grants
$11,939
Program Service Revenue
$0
Investment Income
$68,000
Other Revenue
$0
All Other Contributions
$1,939
Change in Net Assets
$-3,375
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$64,969
Other Expenses$18,345
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$64,969--$64,969
Fees for Service Investment Mgmnt Fees-$8,576-$8,576
Fees for Services Accounting-$2,115-$2,115
Advertising-$1,316-$1,316
Information Technology-$1,243-$1,243
Office Expenses-$486-$486
Other Expenses$1,059$50-$50
Total Functional Expenses$66,028$17,286$0$83,314
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Various - Attached ScheduleSan Marcos, CA-Community Support$64,969
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
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
No
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
Yes
CEO compensation reviewed
No
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, Section B, Line 11B

Draft returns are reviewed by the president, cfo, and secretary for approval. A filing copy is provided to the board before filing.

Form 990, Part VI, Section B, Line 12C

Conflicts of interest (annual disclosures) are completed by directors and officers. The annual disclosure is reported to the governing body, and appropriate review is ensured.

Form 990, Part VI, Section C, Line 19

In full transparency, all committee and board packets are posted online, and all meetings are open to the public. Reports on all grants are made to the City Council and posted on THE FOUNDATION website. All governing documents, policies, and financial statements are made available upon request.

Filing and Contact Details

Filer

Filer Name
San Marcos Community Foundation
EIN
33-0259068
Phone
7607441050
Address
1 CIVIC CENTER DRIVE, SAN MARCOS, CA 92069

Signing Officer

Name
Carol Gendel
Title
President
Signed
2025-11-06
Discuss with paid preparer
Yes

Organization Details

Formed
1987
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
15

Preparer

Firm
Magnus Blue LLP
Address
100 E San Marcos Blvd Ste 100, San Marcos, CA 92069
Preparer
Jessica M Dorsett
Phone
7605999900
Supplemental Narrative

Additional Explanations

Website

https://www.san-marcos.net/your-government/commissions-boards-committees/community-foundation

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

Investment growth on endowment fund is used for the foundation's ongoing grant-making program.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INVESTMENT GROWTH ON ENDOWMENT FUND IS USED FOR THE FOUNDATION'S ONGOING GRANT-MAKING PROGRAM.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4: Intended uses of the endowment fund.
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0COMMUNITY SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0VARIOUS - ATTACHED SCHEDULE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0VARIOUS
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SAN MARCOS
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IRS990ScheduleI/RecipientTable/USAddress/ZIPCd092069
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0All grants made by the San Marcos Community Foundation must support San Marcos residents. Applying nonprofits are encouraged to ask for what they need, and all completed applications are carefully reviewed.
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt1Grants are made to a variety of nonprofit organizations serving the community, with a brief follow-up report required.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Additional Supplemental Information
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1Grantmaker's Description of How Grants are Used
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1PHILLIP SCOLLICK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIR FINANCE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1SEC/CITY CLERK

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