Civic Intelligence

Palo Alto Public Improvement Corporation

EIN 77-0001048 • 501(c)4 • Palo Alto, CA

Profile

To provide financial assistance to the city of palo alto by financing, acquiring, constructing, improving, leasing and selling property equipment and other public improvement projects.

Refreshing map…

250 Hamilton AvenuePalo Alto, CA 94301-2531

n/A

Siviq Scores

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

Liabilities / Assets

90th percentile

1.00x

Higher debt load relative to assets than 90% of similar nonprofits.

501(c)4 • $100M-$250M nonprofits • Source year 2025

Liabilities / Revenue

95th percentile

34.49x

Higher debt load relative to revenue than 95% of similar nonprofits.

501(c)4 • $100M-$250M nonprofits • Source year 2025

Net Margin

39th percentile

0.3%

Higher net margin than 39% of similar nonprofits.

501(c)4 • $100M-$250M nonprofits • Source year 2025

Top Officer Pay

21st percentile

$34,035

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

501(c)4 • $100M-$250M nonprofits • Source year 2025

Asset Growth

24th percentile

-2.4%

Faster asset growth than 24% of similar nonprofits.

501(c)4 • $100M-$250M nonprofits • Annualized from 2024 to 2025

Revenue Growth

24th percentile

-3.5%

Faster revenue growth than 24% of similar nonprofits.

501(c)4 • $100M-$250M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$155,803,366

Down $2,959,978 (-1.9%) from 2022

Liabilities

Down

$155,718,015

Down $1,513,159 (-1.0%) from 2022

Net Assets

Down

$85,351

Down $1,446,819 (-94%) from 2022

Operations
Liabilities / Revenue95th percentileNet Margin39th percentile

Revenue

Up

$2,870,266

Up $1,190,668 (+71%) from 2022

Expenses

Down

$4,317,085

Down $491,225 (-10%) from 2022

Net Income

Up

-$1,446,819

Up $1,681,893 (+54%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth24th percentile

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

$200M$150M$100M$50M$0Assets 2011: $6,133,960Liabilities 2011: $5,999,805Net Assets 2011: $134,1552011Assets 2012: $1,935,833Liabilities 2012: $1,721,508Net Assets 2012: $214,3252012Assets 2013: $1,810,779Liabilities 2013: $1,593,800Net Assets 2013: $216,9792013Assets 2014: $1,680,800Liabilities 2014: $1,460,983Net Assets 2014: $219,8172014Assets 2015: $1,535,815Liabilities 2015: $1,312,842Net Assets 2015: $222,9732015Assets 2016: $1,385,966Liabilities 2016: $1,159,592Net Assets 2016: $226,3742016Assets 2017: $1,226,525Liabilities 2017: $996,125Net Assets 2017: $230,4002017Assets 2018: $9,014,252Liabilities 2018: $8,998,661Net Assets 2018: $15,5912018Assets 2019: $51,739,147Liabilities 2019: $51,704,804Net Assets 2019: $34,3432019Assets 2020: $50,824,724Liabilities 2020: $50,786,646Net Assets 2020: $38,0782020Assets 2021: $163,122,533Liabilities 2021: $158,461,651Net Assets 2021: $4,660,8822021Assets 2022: $158,763,344Liabilities 2022: $157,231,174Net Assets 2022: $1,532,1702022Assets 2023: $155,803,366Liabilities 2023: $155,718,015Net Assets 2023: $85,3512023

Highlighted filing

2023

Assets$155,803,366
Liabilities$155,718,015
Net Assets$85,351
Open 2023 Filing

Operations Trend

Revenue Growth24th percentile

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

$10M$5.0M$0-$5.0MRevenue 2011: $313,818Expenses 2011: $332,375Net Income 2011: -$18,5572011Expenses 2012: $145,9462012Expenses 2013: $106,8172013Revenue 2014: $101,400Expenses 2014: $98,583Net Income 2014: $2,8172014Revenue 2015: $92,950Expenses 2015: $89,809Net Income 2015: $3,1412015Revenue 2016: $83,525Expenses 2016: $80,275Net Income 2016: $3,2502016Revenue 2017: $74,334Expenses 2017: $70,308Net Income 2017: $4,0262017Revenue 2018: $92,928Expenses 2018: $307,737Net Income 2018: -$214,8092018Revenue 2019: $1,068,671Expenses 2019: $1,049,919Net Income 2019: $18,7522019Revenue 2020: $1,948,476Expenses 2020: $1,944,741Net Income 2020: $3,7352020Revenue 2021: $8,585,225Expenses 2021: $3,962,421Net Income 2021: $4,622,8042021Revenue 2022: $1,679,598Expenses 2022: $4,808,310Net Income 2022: -$3,128,7122022Revenue 2023: $2,870,266Expenses 2023: $4,317,085Net Income 2023: -$1,446,8192023

Highlighted filing

2023

Revenue$2,870,266
Expenses$4,317,085
Net Income-$1,446,819
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$155,803,366
Liabilities
$155,718,015
Net assets
$85,351
Revenue
$2,870,266
Expenses
$4,317,085
Net income
-$1,446,819
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$156$156$0.09$2.87$4.32$1.45
2022Detailed filing. Detailed filing data is available for this year.$159$157$1.53$1.68$4.81$3.13
2021Summary only. Only limited summary data is available for this year.$163$158$4.66$8.59$3.96$4.62
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$50.8$50.8$0.04$1.95$1.94$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$51.7$51.7$0.03$1.07$1.05$0.02
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.01$9.00$0.02$0.09$0.31$0.21
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.23$1.00$0.23$0.07$0.07$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.39$1.16$0.23$0.08$0.08$0.00
2015Detailed filing. Detailed filing data is available for this year.$1.54$1.31$0.22$0.09$0.09$0.00
2014Detailed filing. Detailed filing data is available for this year.$1.68$1.46$0.22$0.10$0.10$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.81$1.59$0.22$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.94$1.72$0.21$0.15
2011Summary only. Only limited summary data is available for this year.$6.13$6.00$0.13$0.31$0.33$0.02
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Feb 10, 2023
Return Version
2021v4.2
Gross Receipts
$1,679,598
Mission and Program Overview

Mission

To provide financial assistance to the city of palo alto by financing, acquiring, constructing, improving, leasing and selling property equipment and other public improvement projects.

To provide financial assistance to the city of palo alto by financing, acquiring, constructing, improving, leasing, and selling property, and other public improvement projects.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$158,461,651$157,231,174▼ $1,230,477
Savings and Temporary Cash Investments$4,655,285$1,488,794▼ $3,166,491
Cash and Non-Interest-Bearing Accounts$5,597$43,376▲ $37,779
Total Assets$163,122,533$158,763,344▼ $4,359,189
Liabilities
Other Liabilities$158,461,651$157,231,174▼ $1,230,477
Total Liabilities$158,461,651$157,231,174▼ $1,230,477
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,660,882$1,532,170▼ $3,128,712
Total Net Assets Fund Balance$4,660,882$1,532,170▼ $3,128,712
Total Liabilities and Net Assets / Fund Balance$163,122,533$158,763,344▼ $4,359,189

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$1,070,654--
Compensation and Service Providers
Top Officer Pay21st percentile

Employees

NameTitleOtherTotal
Eric FilsethCouncil Member$39,121$39,121
Patrick J BurtCouncil Member$34,174$34,174
Lydia KouCouncil Member$31,014$31,014
Thomas DuboisCouncil Member$22,405$22,405
Greg TanakaCouncil Member$15,410$15,410
Greer B StoneCouncil Member$14,686$14,686

Board Members and Trustees

NameTitle
Alison CormackCouncil Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,679,174
Investment Income
$424
Other Revenue
$0
Change in Net Assets
$-3,128,712

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,679,598
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,679,598
Total Revenue per Form 990
$1,679,598
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,808,310
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$4,808,310--$4,808,310
Total Functional Expenses$4,808,310$0$0$4,808,310

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,808,310
Total Expenses per Audited Statements$4,808,310
Total Expenses per Form 990$4,808,310
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Certificates of Participation$156,160,520
Interest Payable$1,070,654

Bond Issues

BondIssuerIssuedIssue PricePurpose
BCity of Palo Alto2021-04-07$108,029,372New public safety building
ACity of Palo Alto2019-03-21$31,711,606BUILD PARKING GARAGE

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
B$108,029,372--$1,408,212
A$31,711,606--$215,356

Bond Financing Compliance

Form 8038-T filed
Yes
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
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, Section B, Line 11B

“The treasurer reviews the form 990 for accuracy and completeness, signs and files the return on behalf of the governing board. Copies of the form 990 are provided to each board member for review and discussion at the next scheduled board meeting.”

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

“The city clerk monitors filling out form 700.”

Form 990, Part VI, Section C, Line 19

“Prior year information returns (form 990) are available for public inspection on the guidestar website located at www.guidestar.org. The organization's governing documents, policies, financial statements and information returns are available by submitting a request in writing to the governing body.”

Filing and Contact Details

Filer

Filer Name
Palo Alto Public Improvement Corporation
EIN
77-0001048
Phone
6503292675
Address
250 HAMILTON AVENUE, PALO ALTO, CA 94301-2531

Signing Officer

Name
Rocelyn Fernando
Title
Finance Manager
Phone
6503292675
Signed
2023-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric Filseth
Formed
1983
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
1
Employees
0
Volunteers
1

Preparer

Firm
MACIAS GINI & O'CONNELL LLP
Address
500 CAPITOL MALL SUITE 2200, SACRAMENTO, CA 95814
Preparer
Prudence Pugeda
Phone
9169284600
Supplemental Narrative

Additional Explanations

FORM 990 PART XII LINE 2C:

“The process has not changed in the current fiscal year.”

Raw XML AppendixShowing 400 of 432 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
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IRS990/AnnualDisclosureCoveredPrsnInd01
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IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0250 HAMILTON AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0PALO ALTO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
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IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt11070654
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INVESTMENT IN CIVIC CENTER LEASE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1LEASE INTEREST RECEIVABLE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01070654
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1156160520
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CERTIFICATES OF PARTICIPATION
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01679598
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueProgramRltdAmt0157231174
IRS990ScheduleD/TotalExpensesPerForm990Amt04808310
IRS990ScheduleD/TotalLiabilityAmt0157231174
IRS990ScheduleD/TotalRevenuePerForm990Amt01679598
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01679598
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04808310
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd1B
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd11
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02019-03-21
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt12021-04-07
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0946000389
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN1946000389
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt031711606
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt1108029372
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0CITY OF PALO ALTO
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt1CITY OF PALO ALTO
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0BUILD PARKING GARAGE
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc1NEW PUBLIC SAFETY BUILDING
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd10
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd11
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd10
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0215356
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt11408212
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd10
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd10
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02022
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt031711606
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt1108029372
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TREASURER REVIEWS THE FORM 990 FOR ACCURACY AND COMPLETENESS, SIGNS AND FILES THE RETURN ON BEHALF OF THE GOVERNING BOARD. COPIES OF THE FORM 990 ARE PROVIDED TO EACH BOARD MEMBER FOR REVIEW AND DISCUSSION AT THE NEXT SCHEDULED BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CITY CLERK MONITORS FILLING OUT FORM 700.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRIOR YEAR INFORMATION RETURNS (FORM 990) ARE AVAILABLE FOR PUBLIC INSPECTION ON THE GUIDESTAR WEBSITE LOCATED AT WWW.GUIDESTAR.ORG. THE ORGANIZATION'S GOVERNING DOCUMENTS, POLICIES, FINANCIAL STATEMENTS AND INFORMATION RETURNS ARE AVAILABLE BY SUBMITTING A REQUEST IN WRITING TO THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PROCESS HAS NOT CHANGED IN THE CURRENT FISCAL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990 PART XII LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CITY OF PALO ALTO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0946000389
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MUNICIPAL SERVICES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0250 HAMILTON AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PALO ALTO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd0943012531
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt01679174
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1156160520
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0COST
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1COST
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0CITY OF PALO ALTO (INTEREST ON LEASES)
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1CITY OF PALO ALTO (INVESTMENT IN LEASES)
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0J
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1J
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0163122533
IRS990/TotalAssetsEOYAmt0158763344
IRS990/TotalAssetsGrp/BOYAmt0163122533
IRS990/TotalAssetsGrp/EOYAmt0158763344
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04808310
IRS990/TotalFunctionalExpensesGrp/TotalAmt04808310
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0158461651
IRS990/TotalLiabilitiesEOYAmt0157231174
IRS990/TotalLiabilitiesGrp/BOYAmt0158461651
IRS990/TotalLiabilitiesGrp/EOYAmt0157231174
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04660882
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01532170
IRS990/TotalOtherCompensationAmt083485
IRS990/TotalProgramServiceExpensesAmt04808310
IRS990/TotalProgramServiceRevenueAmt01679174
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0424
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01679174
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01679598
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt01
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0163122533
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0158763344
IRS990/TotReportableCompRltdOrgAmt073325
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0250 HAMILTON AVENUE
IRS990/USAddress/CityNm0PALO ALTO
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd0943012531
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1

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