Civic Intelligence

Embarcadero Media Foundation

EIN 85-0941500 • 501(c)3 • Palo Alto, CA

Profile

Embarcader media foundation seeks to enhance the quality of life and public engagement in the san francisco bay area by: making grants to nonprofit organizations providing needed social & human services to the community; supporting accurate and professional news coverage of the region, especially for underserved communities of interest, through in-depth and investigative reporting; conducting public educational events and forums on local issues; and litigating against agencies that are not complying with california's public records act and open meeting laws.

2345 Yale St FL 1Palo Alto, CA 94306

www.embarcaderomediafoundation.org

Siviq Scores

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

Liabilities / Assets

67th percentile

0.29x

Higher debt load relative to assets than 67% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

49th percentile

0.15x

Higher debt load relative to revenue than 49% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

72nd percentile

19%

Higher net margin than 72% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

99th percentile

396%

Faster asset growth than 99% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2024

Revenue Growth

97th percentile

245%

Faster revenue growth than 97% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2024

Assets

Up

$3,873,704

Up $2,507,933 (+184%) from 2023

Liabilities

Up

$1,137,340

Up $37,130 (+3.4%) from 2023

Net Assets

Up

$2,736,364

Up $2,470,803 (+930%) from 2023

Revenue

Up

$7,522,573

Up $6,195,057 (+467%) from 2023

Expenses

Up

$6,097,980

Up $4,978,876 (+445%) from 2023

Net Income

Up

$1,424,593

Up $1,216,181 (+584%) from 2023

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2022: $157,149Liabilities 2022: $100,000Net Assets 2022: $57,1492022Assets 2023: $1,365,771Liabilities 2023: $1,100,210Net Assets 2023: $265,5612023Assets 2024: $3,873,704Liabilities 2024: $1,137,340Net Assets 2024: $2,736,3642024

Highlighted filing

2024

Assets$3,873,704
Liabilities$1,137,340
Net Assets$2,736,364

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0Revenue 2022: $630,672Expenses 2022: $580,976Net Income 2022: $49,6962022Revenue 2023: $1,327,516Expenses 2023: $1,119,104Net Income 2023: $208,4122023Revenue 2024: $7,522,573Expenses 2024: $6,097,980Net Income 2024: $1,424,5932024

Highlighted filing

2024

Revenue$7,522,573
Expenses$6,097,980
Net Income$1,424,593

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$7,603,528
Mission and Program Overview

Mission

Embarcader media foundation seeks to enhance the quality of life and public engagement in the san francisco bay area by: making grants to nonprofit organizations providing needed social & human services to the community; supporting accurate and professional news coverage of the region, especially for underserved communities of interest, through in-depth and investigative reporting; conducting public educational events and forums on local issues; and litigating against agencies that are not complying with california's public records act and open meeting laws.

Embarcadero media foundation seeks to enhance the quality of life and public engagement in the san francisco bay area by supporting accurate and professional local news coverage of the region, making grants to nonprofit organizations providing needed social & human services to the community; increased in-depth and investigative reporting; conducting public educational events and forums on local issues; and litigating against agencies that are not complying with california's public records act and open meeting laws.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$2,814,308-
Cash and Non-Interest-Bearing Accounts$909,382$0▼ $909,382
Pledges and Grants Receivable$456,389$288,101▼ $168,288
Accounts Receivable-$254,030-
Prepaid Expenses and Deferred Charges-$65,371-
Land, Buildings, and Equipment, Net-$34,175-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,365,771$3,873,704▲ $2,507,933
Other Assets Total-$417,719-
Liabilities
Deferred Revenue-$492,327-
Other Liabilities-$389,156-
Accounts Payable and Accrued Expenses-$253,857-
Grants Payable$1,100,210$2,000▼ $1,098,210
Total Liabilities$1,100,210$1,137,340▲ $37,130
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$1,467,967-
Net Assets Without Donor Restrictions$265,561$1,268,397▲ $1,002,836
Total Net Assets Fund Balance$265,561$2,736,364▲ $2,470,803
Total Liabilities and Net Assets / Fund Balance$1,365,771$3,873,704▲ $2,507,933

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$34,175$5,746$39,921
Other Assets Org$13,569--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Connie Jo CottonMajor Accnt. Mngr.FT$138,981$138,981
Adam DawesPresidentFT$100,000$100,000
Gina Channell WilcoxPres. East BayFT$88,150$88,150

Board Members and Trustees

NameTitle
William JohnsonChairman
Bruce GeeDirector
Chris TucherDirector
Deborah McKeehanDirector
Esther WojcickiDirector
Gina DalmaDirector
Jeff KleinDirector
John SensibaDirector
Kort van BronkhorstDirector
Lance ConnDirector
Mara OommenDirector
Pastor Paul BainsDirector
Sherry ListgartenDirector
Michael NaarSec & Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,150,788
Program Service Revenue
$3,386,581
Investment Income
$26,106
Other Revenue
$-40,902
All Other Contributions
$2,682,572
Change in Net Assets
$1,424,593

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,522,573
Revenue Not Reported on Form 990
$93,600
Total Revenue per Audited Statements
$7,616,173
Total Revenue per Form 990
$7,522,573
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,630,713
Other Expenses$1,367,057
Grants and Similar Amounts Paid$1,100,210
Total Fundraising Expense$34,342
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,346,810$514,548$16,768$2,878,126
Grants to Domestic Orgs$1,100,210--$1,100,210
Other Employee Benefits$266,879$58,514$1,907$327,300
Payroll Taxes$191,364$44,084$1,689$237,137
Current Officers, Directors, Trustees, and Key Employees$153,416$33,637$1,097$188,150
Other Expenses$14,995$99,432$49$114,476
All Other Expenses$45,555$46,121$3,192$94,868
Advertising$52,840$2,589$3,765$59,194
Occupancy$12,347$23,503$5,875$41,725
Fees for Services Other$7,269$33,817-$41,086
Insurance-$18,122-$18,122
Fees for Services Legal$2,207$10,266-$12,473
Depreciation Depletion-$5,746-$5,746
Conferences and Meetings$1,050--$1,050
Total Functional Expenses$5,126,224$937,414$34,342$6,097,980

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,191,580
Expenses per Audited Statements$6,097,980
Total Expenses per Form 990$6,097,980
Expenses Not Reported on Form 990$93,600
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
South County Community HealthEast Palo Alto, CA501 (c)(3)General Operating$42,500
Boys & Girls Clubs of the PenMenlo Park, CA501 (c)(3)General Operating$35,000
City of Redwood CityRedwood City, CA170(c)(1)General Operating$35,000
Ecumenical Hunger ProgramEast Palo Alto, CA501 (c)(3)General Operating$35,000
LifeMovesSanta Clara, CA501 (c)(3)General Operating$35,000
Literacy Partners Menlo ParkMenlo Park, CA501 (c)(3)General Operating$35,000
Second Harvest Food BankSan Jose, CA501 (c)(3)General Operating$35,000
St Anthonys Padua Dining RooMenlo Park, CA509(a)(1)General Operating$35,000
StarVistaSan Carlos, CA501 (c)(3)General Operating$35,000
Upward ScholarsRedwood City, CA501 (c)(3)General Operating$35,000
Palo Alto Community Child CarPalo Alto, CA501 (c)(3)General Operating$27,500
Adas CafePalo Alto, CA501 (c)(3)General Operating$20,000
East Palo Alto Tennis & TutorPalo Alto, CA501 (c)(3)General Operating$20,000
EpacenterEast Palo Alto, CA501 (c)(3)General Operating$20,000
Pursuit of ExcellencePalo Alto, CA501(c)(3)General Operating$20,000
Youth Community Service IncPalo Alto, CA501 (c)(3)General Operating$20,000
Counseling and Support ServicMilpitas, CA501 (c)(3)General Operating$15,000
Downtown Streets IncSan Jose, CA501 (c)(3)General Operating$15,000
Dream Catchers IncPalo Alto, CA501 (c)(3)General Operating$15,000
East Palo Alto Kids FoundatioPalo Alto, CA501 (c)(3)General Operating$15,000
Foundation for a College EducEast Palo Alto, CA501 (c)(3)General Operating$15,000
KaraPalo Alto, CA501 (c)(3)General Operating$15,000
Peninsula Volunteers IncMenlo Park, CA501 (c)(3)General Operating$15,000
Ravenswood Classroom PartnersMenlo Park, CA501 (c)(3)General Operating$15,000
WeHOPEPalo Alto, CA501 (c)(3)General Operating$15,000
ActerraPalo Alto, CA501 (c)(3)General Operating$10,000
Friends of Palo Alto Junior MPalo Alto, CA501 (c)(3)General Operating$10,000
Learning Home VolunteersSan Carlos, CA501 (c)(3)General Operating$10,000
Nuestra Casa de East Palo AltEast Palo Alto, CA501 (c)(3)General Operating$10,000
Palo Alto Art Center FoundatiPalo Alto, CA501 (c)(3)General Operating$10,000
Palo Alto Players-Peninsula CPalo Alto, CA501 (c)(3)General Operating$10,000
Peninsula Healthcare ConnectiPalo Alto, CA501 (c)(3)General Operating$10,000
Rise Together EducationPalo Alto, CA501 (c)(3)General Operating$10,000
The Circuit EPAEast Palo Alto, CA501 (c)(3)General Operating$10,000
Adolescent Counseling ServiceRedwood City, CA501 (c)(3)General Operating$7,500
All FiveMenlo Park, CA501 (c)(3)General Operating$7,500
Art in ActionRedwood City, CA501 (c)(3)General Operating$7,500
Community Health Awareness CoMountain View, CA501 (c)(3)General Operating$7,500
Community Legal Services in EEast Palo Alto, CA501 (c)(3)General Operating$7,500
Community School of Music & AMountain View, CA501 (c)(3)General Operating$7,500
Community Services Agency ofMountain View, CA501 (c)(3)General Operating$7,500
Covenant Childrens Center InPalo Alto, CA501 (c)(3)General Operating$7,500
Day Worker Center of MountainMountain View, CA501 (c)(3)General Operating$7,500
East Palo Alto Academy FoundaPalo Alto, CA501 (c)(3)General Operating$7,500
East Palo Alto Community ArchEast Palo Alto, CA501 (c)(3)General Operating$7,500
Environmental VolunteersPalo Alto, CA501 (c)(3)General Operating$7,500
Grace Lutheran ChurchPalo Alto, CA501(c)(3)General Operating$7,500
Hope HangarMountain View, CA501 (c)(3)General Operating$7,500
Hope Horizon East Palo AltoEast Palo Alto, CA501 (c)(3)General Operating$7,500
Hopes Corner IncMountain View, CA501 (c)(3)General Operating$7,500
International Documentary FouLos Angeles, CA501 (c)(3)General Operating$7,500
Mentor Tutor ConnectionMountain View, CA501 (c)(3)General Operating$7,500
Music in the Schools FoundatiPalo Alto, CA501 (c)(3)General Operating$7,500
Palo Alto Friends Nursery SchPalo Alto, CA501 (c)(3)General Operating$7,500
Parents Nursery School IncPalo Alto, CA501 (c)(3)General Operating$7,500
Peninsula Family ConnectionsPalo Alto, CA501 (c)(3)General Operating$7,500
Silicon Valley Urban Debate LMilpitas, CA501 (c)(3)General Operating$7,500
The Learning Center of Palo APalo Alto, CA501 (c)(3)General Operating$7,500
The Peninsula College FundMilpitas, CA501 (c)(3)General Operating$7,500
The Trust for Hidden VillaLos Altos Hills, CA501 (c)(3)General Operating$7,500
TheatreWorks Silicon ValleyPalo Alto, CA501 (c)(3)General Operating$7,500
Vista Center for the Blind anPalo Alto, CA501 (c)(3)General Operating$7,500
RISE-Reaching and Inspiring SEast Palo Alto, CA501 (c)(3)General Operating$5,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$80,955
Fundraising Gross Income$40,053
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
2024 Moonlight Run$179,636$40,053$80,955$-40,902
Total Events$179,636$40,053$80,955$-40,902
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liabilities$389,156
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Compensation from other sources disclosed
No
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 A, Line 2

Directors jeffrey klein and william johnson and secretary michael naar have a business relationship due to them serving together as uncompensated directors of embarcadero media, inc., a california corporation.

Form 990, Part VI, Section A, Line 4

ON February 5, 2024, Embarcadero Media Foundations'S BOARD OF DIRECTORS AMENDED AND RESTATED THEIR BY-LAWS. The By-laws are attached to this return. Updates include the following:1) updated the objective and purpose statement, 2) changed the date of the annual meeting to the first Monday in March, 3) increased the number of directors to a minimum of 9 and a maximum of 20, 4) increased the quorum requirement from 3 to 5, and 5) modified the check-writing privileges to included employees designated by the president.

Form 990, Part VI, Section B, Line 11B

THE 990 FILING AND ITS SCHEDULES ARE PREPARED BY EMBARCADERO MEDIA FOUNDATION OFFICERS. PRIOR TO FILING EACH DIRECTOR IS SENT A DRAFT TO REVIEW. AFTER NECESSARY CHANGES OR CORRECTIONS ARE MADE, if any, THE PRESIDENT OR CHAIRMAN_SIGNS THE RETURN AND FILES IT WITH THE IRS. ALL DIRECTORS ARE PROVIDED WITH A COPY OF THE FINAL, FILED 990.

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

Embarcadero Media Foundation monitors potential conflicts of interest by having each director and officer complete and sign an annual conflict of interest statement. Any disclosed potential conflicts are communicated to the board of directors. The board of directors determine if the potential conflict requires any action, including non-participation by a director when certain matters are considered.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy, financial statements and form 990 filings are available upon request.

Filing and Contact Details

Filer

Filer Name
Embarcadero Media Foundation
EIN
85-0941500
Phone
6503268210
Address
2345 YALE ST FL 1, PALO ALTO, CA 94306

Signing Officer

Name
Adam Dawes
Title
President
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Formed
2020
Legal Domicile
CA
Voting Board Members
14
Independent Board Members
14
Employees
58
Volunteers
100

Preparer

Firm
Bregante Company Llp Cpas
Address
50 CALIFORNIA STREET SUITE 1500, SAN FRANCISCO, CA 94111
Preparer
Corey R Graham
Phone
4157771001
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

On January 1, 2024, Embarcadero Media, Inc., a for-profit corporation, donated certain business assets and transferred related liabilities to the Embarcadero Media Foundaion. The donation included business operations for several local news sites which the Foundation began operating on January 1, 2024, as it's Community Journalism Program.The Community Journalism program encompasses three printed weekly newspapers and seven local websites covering the Mid-Peninsula and East Bays Tri-Valley. The primary goals are to support professional local news coverage, build community through events and promotion of local businesses, keep the community informed with investigative reporting, and hold the government accountable.The Embarcadero Media Foundationss printed weekly newspapers include the Palo Alto Weekly, Almanac, and Pleasanton Weekly. Online news websites include the Palo Alto Online, Almanac Online, Mountain View Voice, Redwood City Pulse, Pleasanton Online, DanvilleSanRamon.com, and Livermore Vine.

Part X, PART XI, and PART XII - Prior Period Adjustments

The net prior period adjustment of $1,046,210 is a correction in the application of Generally Accepted Accounting Principals for Non-profit organizations related to the timing of revenue recognition for contributions received and expense recognition for grants awarded.

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IRS990/Form990PartVIISectionAGrp/PersonNm0Connie Jo Cotton
IRS990/Form990PartVIISectionAGrp/PersonNm1Adam Dawes
IRS990/Form990PartVIISectionAGrp/PersonNm2Gina Channell Wilcox
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IRS990/Form990PartVIISectionAGrp/PersonNm4Bruce Gee
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IRS990/Form990PartVIISectionAGrp/PersonNm7Esther Wojcicki
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IRS990/Form990PartVIISectionAGrp/PersonNm11Mara Oommen
IRS990/Form990PartVIISectionAGrp/PersonNm12Pastor Paul Bains
IRS990/Form990PartVIISectionAGrp/PersonNm13Sherry Listgarten
IRS990/Form990PartVIISectionAGrp/PersonNm14Lance Conn
IRS990/Form990PartVIISectionAGrp/PersonNm15Jeff Klein
IRS990/Form990PartVIISectionAGrp/PersonNm16MICHAEL NAAR
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Major Accnt. Mngr.
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IRS990/Form990PartVIISectionAGrp/TitleTxt2Pres. East Bay
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IRS990/Form990PartVIISectionAGrp/TitleTxt16SEC & TREASURER
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IRS990/MissionDesc0EMBARCADERO MEDIA FOUNDATION SEEKS TO ENHANCE THE QUALITY OF LIFE AND PUBLIC ENGAGEMENT IN THE SAN FRANCISCO BAY AREA BY SUPPORTING ACCURATE AND PROFESSIONAL LOCAL NEWS COVERAGE OF THE REGION, MAKING GRANTS TO NONPROFIT ORGANIZATIONS PROVIDING NEEDED SOCIAL & HUMAN SERVICES TO THE COMMUNITY; INCREASED IN-DEPTH AND INVESTIGATIVE REPORTING; CONDUCTING PUBLIC EDUCATIONAL EVENTS AND FORUMS ON LOCAL ISSUES; AND LITIGATING AGAINST AGENCIES THAT ARE NOT COMPLYING WITH CALIFORNIA'S PUBLIC RECORDS ACT AND OPEN MEETING LAWS.
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IRS990/ProgSrvcAccomActy2Grp/Desc0The Embarcadero Media Foundations Holiday Fund is a group of annual three-month long campaigns hosted by The Foundation to support local nonprofit organizations serving families and children in the San Francisco Bay Area communities of Palo Alto, East Palo Alto, Mountain View, Menlo Park, Redwood City and Pleasanton. The public campaign raises money from individuals, family, foundations and other organizations, then makes grants to local nonprofits. One hundred percent of donation proceeds to the Holiday Funds are distributed to grantees as determined by a grant committee. The campaign raises most of its funds between October and January. Grants awarded support a wide variety of agencies and programs that provide services to children and families in our region, ranging from services for the homeless, tutoring and child care programs, educational enrichment or remedial programs, mental health counseling services, cultural and arts programs, summer camp programs and scholarships for graduating high school students needing financial assistance to continue their education at community or four-year colleges.
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