Civic Intelligence

Peninsula Volunteers Inc

EIN 94-1294939 • 501(c)3 • Menlo Park, CA

Profile

As life expectancy lengthens, communities need to embrace both opportunities and challenges to help seniors maintain their dignity, independence and sense of usefulness. PVI provides high quality and nurturing programs so seniors are engaged, cared for and respected as vital community members. Focusing on an active mind and body, experiences in a social environment, allows aging adults to embrace the symptoms of aging with health and a sense of self-worth and self-sufficiency, improving their quality of life.

800 Middle AvenueMenlo Park, CA 94025

www.peninsulavolunteers.org

Siviq Scores

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

Liabilities / Assets

27th percentile

0.04x

Higher debt load relative to assets than 27% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

31st percentile

0.10x

Higher debt load relative to revenue than 31% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

14th percentile

-15%

Higher net margin than 14% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

18th percentile

-4.4%

Faster asset growth than 18% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

30th percentile

-1.7%

Faster revenue growth than 30% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Up

$15,419,136

Up $404,634 (+2.7%) from 2023

Liabilities

Up

$677,390

Up $68,334 (+11%) from 2023

Net Assets

Up

$14,741,746

Up $336,300 (+2.3%) from 2023

Revenue

Up

$7,523,692

Up $1,486,343 (+25%) from 2023

Expenses

Up

$7,112,556

Up $183,796 (+2.7%) from 2023

Net Income

Up

$411,136

Up $1,302,547 (+146%) from 2023

Trend Graphs

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $14,559,874Liabilities 2011: $244,687Net Assets 2011: $14,315,1872011Assets 2012: $13,940,297Liabilities 2012: $253,373Net Assets 2012: $13,686,9242012Assets 2013: $13,726,610Liabilities 2013: $295,676Net Assets 2013: $13,430,9342013Assets 2014: $18,389,467Liabilities 2014: $376,714Net Assets 2014: $18,012,7532014Assets 2015: $17,744,134Liabilities 2015: $427,172Net Assets 2015: $17,316,9622015Assets 2016: $16,758,365Liabilities 2016: $460,103Net Assets 2016: $16,298,2622016Assets 2017: $16,527,445Liabilities 2017: $584,405Net Assets 2017: $15,943,0402017Assets 2018: $15,808,974Liabilities 2018: $636,217Net Assets 2018: $15,172,7572018Assets 2019: $15,417,736Liabilities 2019: $651,749Net Assets 2019: $14,765,9872019Assets 2020: $16,529,561Liabilities 2020: $725,803Net Assets 2020: $15,803,7582020Assets 2021: $17,094,751Liabilities 2021: $871,263Net Assets 2021: $16,223,4882021Assets 2022: $15,702,843Liabilities 2022: $463,988Net Assets 2022: $15,238,8552022Assets 2023: $15,014,502Liabilities 2023: $609,056Net Assets 2023: $14,405,4462023Assets 2024: $15,419,136Liabilities 2024: $677,390Net Assets 2024: $14,741,7462024

Highlighted filing

2024

Assets$15,419,136
Liabilities$677,390
Net Assets$14,741,746

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2011: $3,070,720Expenses 2011: $3,170,483Net Income 2011: -$99,7632011Revenue 2012: $3,368,638Expenses 2012: $3,387,637Net Income 2012: -$18,9992012Revenue 2013: $3,353,664Expenses 2013: $3,394,215Net Income 2013: -$40,5512013Revenue 2014: $3,324,296Expenses 2014: $3,697,288Net Income 2014: -$372,9922014Revenue 2015: $3,594,453Expenses 2015: $3,881,163Net Income 2015: -$286,7102015Revenue 2016: $3,415,080Expenses 2016: $4,011,121Net Income 2016: -$596,0412016Revenue 2017: $4,199,862Expenses 2017: $4,670,678Net Income 2017: -$470,8162017Revenue 2018: $4,596,478Expenses 2018: $5,093,516Net Income 2018: -$497,0382018Revenue 2019: $5,777,495Expenses 2019: $5,522,301Net Income 2019: $255,1942019Revenue 2020: $6,874,234Expenses 2020: $5,490,252Net Income 2020: $1,383,9822020Revenue 2021: $4,692,841Expenses 2021: $5,155,400Net Income 2021: -$462,5592021Revenue 2022: $6,143,436Expenses 2022: $6,194,801Net Income 2022: -$51,3652022Revenue 2023: $6,037,349Expenses 2023: $6,928,760Net Income 2023: -$891,4112023Revenue 2024: $7,523,692Expenses 2024: $7,112,556Net Income 2024: $411,1362024

Highlighted filing

2024

Revenue$7,523,692
Expenses$7,112,556
Net Income$411,136

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$15.4$0.68$14.7$7.52$7.11$0.41
2023Detailed filing. Detailed filing data is available for this year.$15.0$0.61$14.4$6.04$6.93$0.89
2022Detailed filing. Detailed filing data is available for this year.$15.7$0.46$15.2$6.14$6.19$0.05
2021Detailed filing. Detailed filing data is available for this year.$17.1$0.87$16.2$4.69$5.16$0.46
2020Detailed filing. Detailed filing data is available for this year.$16.5$0.73$15.8$6.87$5.49$1.38
2019Detailed filing. Detailed filing data is available for this year.$15.4$0.65$14.8$5.78$5.52$0.26
2018Detailed filing. Detailed filing data is available for this year.$15.8$0.64$15.2$4.60$5.09$0.50
2017Detailed filing. Detailed filing data is available for this year.$16.5$0.58$15.9$4.20$4.67$0.47
2016Detailed filing. Detailed filing data is available for this year.$16.8$0.46$16.3$3.42$4.01$0.60
2015Detailed filing. Detailed filing data is available for this year.$17.7$0.43$17.3$3.59$3.88$0.29
2014Summary only. Only limited summary data is available for this year.$18.4$0.38$18.0$3.32$3.70$0.37
2013Summary only. Only limited summary data is available for this year.$13.7$0.30$13.4$3.35$3.39$0.04
2012Summary only. Only limited summary data is available for this year.$13.9$0.25$13.7$3.37$3.39$0.02
2011Summary only. Only limited summary data is available for this year.$14.6$0.24$14.3$3.07$3.17$0.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Feb 6, 2025
Return Version
2023v6.0
Gross Receipts
$8,096,340
Mission and Program Overview

Mission

As life expectancy lengthens, communities need to embrace both opportunities and challenges to help seniors maintain their dignity, independence and sense of usefulness. PVI provides high quality and nurturing programs so seniors are engaged, cared for and respected as vital community members. Focusing on an active mind and body, experiences in a social environment, allows aging adults to embrace the symptoms of aging with health and a sense of self-worth and self-sufficiency, improving their quality of life.

PVI provides services to support aging adults through 4 programs: Meals on Wheels/Nutrition services, Little House Activity Center, Rosener House Day Services, and Transportation concierge service.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,084,668$7,305,090▲ $220,422
Land, Buildings, and Equipment, Net$2,683,337$2,572,309▼ $111,028
Savings and Temporary Cash Investments$704,654$1,363,858▲ $659,204
Pledges and Grants Receivable$574,212$557,094▼ $17,118
Prepaid Expenses and Deferred Charges$124,568$181,328▲ $56,760
Inventories for Sale or Use$21,418$19,098▼ $2,320
Cash and Non-Interest-Bearing Accounts$850$850→ $0
Accounts Receivable-$0-
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-
Intangible Assets-$0-
Total Assets$15,014,502$15,419,136▲ $404,634
Other Assets Total$3,820,795$3,419,509▼ $401,286
Liabilities
Accounts Payable and Accrued Expenses$570,557$532,186▼ $38,371
Deferred Revenue$38,499$145,204▲ $106,705
Total Liabilities$609,056$677,390▲ $68,334
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,555,447$10,307,516▲ $752,069
Net Assets With Donor Restrictions$4,849,999$4,434,230▼ $415,769
Total Net Assets Fund Balance$14,405,446$14,741,746▲ $336,300
Total Liabilities and Net Assets / Fund Balance$15,014,502$15,419,136▲ $404,634

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,681,532$2,269,786$3,951,318
Leasehold Improvements$633,528$2,436,814$3,070,342
Other Land Buildings$257,249$1,658,483$1,915,732
Other Assets Org$5--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$1,118,651---$1,118,651
2022$1,118,651---$1,118,651
2021$1,118,651---$1,118,651
2020$1,118,651---$1,118,651
2019$1,118,651---$1,118,651
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Peter OlsonCEOFT$190,651$190,651
Laura OwenDirector for Finance and AdminFT$152,266$152,266
Rebecca NelsonDirector of DeveloFT$144,521$144,521
Iris WongCOOFT$129,711$129,711
Lisa MurphyDirector of EngageFT$117,451$117,451

Board Members and Trustees

NameTitle
Georgie GleimPresident
Sandra FererVice President
Carolyn RiandaDirector
Carolyn SchutzDirector
Deborah GordonDirector
Jan BarkerDirector
Janice ConomosDirector
Jeanne FischerDirector
Lata GoelDirector
Linda DickinsonDirector
Lisa DealDirector
Louise PatchDirector
Mark FlegelDirector
Patricia Wilkinson-DebrincatDirector
Sandy FererDirector
Sandy FerrandoDirector
Susan MartinDirector
Susan SweeneyDirector
Candice SchwabImmed Pat Pres
Anna Marie JankySecretary
Honor HuntingtonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,977,539
Program Service Revenue
$1,724,418
Investment Income
$497,642
Other Revenue
$324,093
All Other Contributions
$3,980,884
Change in Net Assets
$411,136

Noncash Contribution Practices

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

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,504,369
Revenue Not Reported on Financial Statements
$19,323
Revenue Not Reported on Form 990
$455,164
Total Revenue per Audited Statements
$7,959,533
Total Revenue per Form 990
$7,523,692
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,420,740
Other Expenses$2,691,816
Total Fundraising Expense$393,932
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,308,920$493,387$367,698$3,170,005
Fees for Services Other$382,295$63,114$37,926$483,335
Current Officers, Directors, Trustees, and Key Employees$437,146$35,482-$472,628
Pension Plan Contributions$356,116$69,438$28,396$453,950
Payroll Taxes$239,100$25,700$25,700$290,500
Depreciation Depletion$235,821$15,026$8,911$259,758
All Other Expenses$161,833$11,757$28,990$202,580
Advertising$276,269$4$-139,247$137,026
Fees for Services Accounting-$83,500-$83,500
Other Expenses$49,055$16,815$3,930$69,800
Insurance$54,014$5,193$2,816$62,023
Other Employee Benefits$11,207$22,012$438$33,657
Fees for Service Investment Mgmnt Fees-$19,323-$19,323
Total Functional Expenses$5,821,485$897,139$393,932$7,112,556

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,642,556
Expenses per Audited Statements$7,112,556
Total Expenses per Form 990$7,112,556
Expenses Not Reported on Form 990$530,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$762,818
Fundraising Direct Expenses$572,648
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Bbb Event$534,008$534,008$386,992$147,016
AUTHOR'S SALON$228,810$228,810$185,656$43,154
Total Events$762,818$762,818$572,648$190,170
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
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has one class of member with voting rights, "Active Members", and five classes of non-voting membership designated as "Provisional", "Sustaining", "Nonresident", "Life", and "Friends". Non-voting membership classes may be added or deleted by the Board of Directors.

Form 990, Part VI, Section A, Line 7A

The Active members shall vote on the Board of Directors slate of officers/members/committee chairs at the General Meeting in May or at such other General Meeting as determined by the Board of Directors. There shall be no less than eight other membership meetings per year. Twenty percent of the Active Members entitled to vote shall constitute a quorum at a meeting of members. Voting by proxy is prohibited.

Form 990, Part VI, Section A, Line 7B

Decisions approved by membership include: the number of directors; amendment of Bylaws or adoption of new Bylaws; amendments to the Articles of Incorporation; creation of any other committees exercising Board authority; spending funds to support a nominee for director; approval on any merger, reorganization, voluntary dissolution, or disposition of assets.

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

The Form 990 will be presented to the full Board of Directors including significant schedules. Form 990 will be filed after the Board has reviewed and approved it.

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

The Board of Directors agree to disclose in writing to the board if they, or any member of their immediate families, or any organization with which they are affiliated, presently transact business with Peninsula Volunteers, Inc. Board Members with such relationships will not be eligible to vote on matters directly pertaining to the business to be transacted with the identified person or organization. The foregoing requirements, however, are not be construed to prevent a particular board member from briefly stating his/her position on the matter, nor from answering pertinent questions of other directors by reason of the fact that personal knowledge on the matter may be of assistance to the other board members in reaching their decision.

Form 990, Part VI, Section B, Line 15B

Executive Board members periodically review whether compensation arrangements and benefits are reasonable, based on competent survey information, and result of arm's length bargaining.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy and financial statements are available upon request. They are also available at the organization's own website www.peninsulavolunteers.org and www.guidestar.org.

Filing and Contact Details

Filer

Filer Name
Peninsula Volunteers Inc
EIN
94-1294939
Phone
6503262025
Address
800 MIDDLE AVENUE, MENLO PARK, CA 94025

Signing Officer

Name
Peter Olson
Title
CEO
Signed
2025-02-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Olson
Formed
1949
Legal Domicile
CA
Voting Board Members
23
Independent Board Members
22
Employees
86
Volunteers
410

Preparer

Firm
Storek Carlson & Strutz Llp
Address
900 E HAMILTON AVE STE 450, CAMPBELL, CA 95008
Preparer
Crystal Tang
Phone
6509615520
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

OTHER PROGRAM SERVICES 4: Nutrition -- shared costs of nutritionally balanced meals prepared and served to the residents of affordable senior housing, qualified homebound individuals, and to participants of adult day service centers and senior centers. OTHER PROGRAM SERVICES 5: Ride PVI - provides a concierge service using rideshare companies to help seniors in the community arrange rides from their homes to Little House, doctors and dentists, grocery stores and pharmacies, etc.

Form 990, Part XI, Line 9

Contributed rent = -$530000

Financial Statement Notes

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

The donors of the permanently restricted endowment fund have stipulated that only current income shall be used to sustain pvi's community programs, with the original principal to be invested in perpetuity.

Part X : FIN48 Footnote

PVI has adopted the provision of Accounting for Uncertainty in Income Taxes. Management believes that it does not have any uncertain tax positions that impact its financial position, statement of activities or change in net assets. Peninsula Volunteers, Inc., which is subject to taxation in the United States and California jurisdictions, has incurred no interest or penalties related to its tax positions.

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IRS990/MissionDesc0As life expectancy lengthens, communities need to embrace both opportunities and challenges to help seniors maintain their dignity, independence and sense of usefulness. PVI provides high quality and nurturing programs so seniors are engaged, cared for and respected as vital community members. Focusing on an active mind and body, experiences in a social environment, allows aging adults to embrace the symptoms of aging with health and a sense of self-worth and self-sufficiency, improving their quality of life.
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