Civic Intelligence

Sourcewise

EIN 94-2256503 • 501(c)3 • Santa Clara, CA

Profile

The Mission of Sourcewise is to foster a comprehensive coordinated home and community based service delivery system to meet the needs of older persons and their caregivers in Santa Clara.

3100 De La Cruz Blvd Suite 310Santa Clara, CA 95054

www.mysourcewise.com

Siviq Scores

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

Liabilities / Assets

88th percentile

0.82x

Higher debt load relative to assets than 88% of similar nonprofits.

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

Liabilities / Revenue

61st percentile

0.36x

Higher debt load relative to revenue than 61% of similar nonprofits.

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

Net Margin

35th percentile

-0.1%

Higher net margin than 35% of similar nonprofits.

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

Top Officer Pay

63rd percentile

$218,650

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

76th percentile

16%

Faster asset growth than 76% of similar nonprofits.

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

Revenue Growth

71st percentile

19%

Faster revenue growth than 71% of similar nonprofits.

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

Assets

Down

$9,569,685

Down $423,985 (-4.2%) from 2024

Liabilities

Down

$7,067,642

Down $1,240,700 (-15%) from 2024

Net Assets

Up

$2,502,043

Up $816,715 (+48%) from 2024

Revenue

Up

$27,003,934

Up $1,703,286 (+6.7%) from 2024

Expenses

Up

$26,673,381

Up $1,356,643 (+5.4%) from 2024

Net Income

Up

$330,553

Up $346,643 (+2154%) from 2024

Trend Graphs

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $8,400,959Liabilities 2011: $2,120,216Net Assets 2011: $6,280,7432011Assets 2012: $8,038,996Liabilities 2012: $2,021,418Net Assets 2012: $6,017,5782012Assets 2013: $7,620,435Liabilities 2013: $1,784,932Net Assets 2013: $5,835,5032013Assets 2014: $6,791,140Liabilities 2014: $1,306,605Net Assets 2014: $5,484,5352014Assets 2015: $6,755,756Liabilities 2015: $1,555,750Net Assets 2015: $5,200,0062015Assets 2016: $5,971,633Liabilities 2016: $1,533,118Net Assets 2016: $4,438,5152016Assets 2017: $7,924,084Liabilities 2017: $4,754,989Net Assets 2017: $3,169,0952017Assets 2018: $5,449,568Liabilities 2018: $2,582,758Net Assets 2018: $2,866,8102018Assets 2019: $5,216,169Liabilities 2019: $2,357,270Net Assets 2019: $2,858,8992019Assets 2020: $6,722,642Liabilities 2020: $4,110,373Net Assets 2020: $2,612,2692020Assets 2021: $7,787,611Liabilities 2021: $5,782,625Net Assets 2021: $2,004,9862021Assets 2022: $7,993,096Liabilities 2022: $6,266,845Net Assets 2022: $1,726,2512022Assets 2023: $9,291,795Liabilities 2023: $7,590,377Net Assets 2023: $1,701,4182023Assets 2024: $9,993,670Liabilities 2024: $8,308,342Net Assets 2024: $1,685,3282024Assets 2025: $9,569,685Liabilities 2025: $7,067,642Net Assets 2025: $2,502,0432025

Highlighted filing

2025

Assets$9,569,685
Liabilities$7,067,642
Net Assets$2,502,043

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2011: $11,941,265Expenses 2011: $12,023,418Net Income 2011: -$82,1532011Revenue 2012: $11,395,381Expenses 2012: $11,254,312Net Income 2012: $141,0692012Revenue 2013: $10,643,665Expenses 2013: $10,825,740Net Income 2013: -$182,0752013Revenue 2014: $9,878,390Expenses 2014: $10,229,358Net Income 2014: -$350,9682014Revenue 2015: $10,887,770Expenses 2015: $11,172,299Net Income 2015: -$284,5292015Revenue 2016: $10,799,967Expenses 2016: $11,447,795Net Income 2016: -$647,8282016Revenue 2017: $11,713,361Expenses 2017: $12,151,602Net Income 2017: -$438,2412017Revenue 2018: $11,370,802Expenses 2018: $11,925,073Net Income 2018: -$554,2712018Revenue 2019: $12,564,626Expenses 2019: $12,883,714Net Income 2019: -$319,0882019Revenue 2020: $13,963,717Expenses 2020: $14,046,833Net Income 2020: -$83,1162020Revenue 2021: $16,031,335Expenses 2021: $16,638,618Net Income 2021: -$607,2832021Revenue 2022: $17,866,035Expenses 2022: $18,144,770Net Income 2022: -$278,7352022Revenue 2023: $21,267,649Expenses 2023: $21,292,482Net Income 2023: -$24,8332023Revenue 2024: $25,300,648Expenses 2024: $25,316,738Net Income 2024: -$16,0902024Revenue 2025: $27,003,934Expenses 2025: $26,673,381Net Income 2025: $330,5532025

Highlighted filing

2025

Revenue$27,003,934
Expenses$26,673,381
Net Income$330,553

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$9.57$7.07$2.50$27.0$26.7$0.33
2024Detailed filing. Detailed filing data is available for this year.$9.99$8.31$1.69$25.3$25.3$0.02
2023Detailed filing. Detailed filing data is available for this year.$9.29$7.59$1.70$21.3$21.3$0.02
2022Detailed filing. Detailed filing data is available for this year.$7.99$6.27$1.73$17.9$18.1$0.28
2021Detailed filing. Detailed filing data is available for this year.$7.79$5.78$2.00$16.0$16.6$0.61
2020Detailed filing. Detailed filing data is available for this year.$6.72$4.11$2.61$14.0$14.0$0.08
2019Detailed filing. Detailed filing data is available for this year.$5.22$2.36$2.86$12.6$12.9$0.32
2018Detailed filing. Detailed filing data is available for this year.$5.45$2.58$2.87$11.4$11.9$0.55
2017Detailed filing. Detailed filing data is available for this year.$7.92$4.75$3.17$11.7$12.2$0.44
2016Detailed filing. Detailed filing data is available for this year.$5.97$1.53$4.44$10.8$11.4$0.65
2015Summary only. Only limited summary data is available for this year.$6.76$1.56$5.20$10.9$11.2$0.28
2014Summary only. Only limited summary data is available for this year.$6.79$1.31$5.48$9.88$10.2$0.35
2013Summary only. Only limited summary data is available for this year.$7.62$1.78$5.84$10.6$10.8$0.18
2012Summary only. Only limited summary data is available for this year.$8.04$2.02$6.02$11.4$11.3$0.14
2011Summary only. Only limited summary data is available for this year.$8.40$2.12$6.28$11.9$12.0$0.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 9, 2025
Return Version
2024v5.2
Gross Receipts
$27,003,934
Mission and Program Overview

Mission

The Mission of Sourcewise is to foster a comprehensive coordinated home and community based service delivery system to meet the needs of older persons and their caregivers in Santa Clara

The Mission of Sourcewise is to foster a comprehensive coordinated home and community based service delivery system to meet the needs of older persons and their caregivers in Santa Clara.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$4,080,887$3,301,734▼ $779,153
Cash and Non-Interest-Bearing Accounts$2,211,339$2,902,445▲ $691,106
Land, Buildings, and Equipment, Net$1,754,610$1,632,319▼ $122,291
Prepaid Expenses and Deferred Charges$191,600$233,727▲ $42,127
Investments in Publicly Traded Securities$168,534$173,132▲ $4,598
Total Assets$9,993,670$9,569,685▼ $423,985
Other Assets Total$1,586,700$1,326,328▼ $260,372
Liabilities
Accounts Payable and Accrued Expenses$2,555,278$3,129,796▲ $574,518
Grants Payable$1,746,925$1,754,810▲ $7,885
Other Liabilities$2,123,273$1,389,213▼ $734,060
Deferred Revenue$1,882,866$793,823▼ $1,089,043
Total Liabilities$8,308,342$7,067,642▼ $1,240,700
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,685,328$2,502,043▲ $816,715
Total Net Assets Fund Balance$1,685,328$2,502,043▲ $816,715
Total Liabilities and Net Assets / Fund Balance$9,993,670$9,569,685▼ $423,985

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$253,851$317,328-
Other Land Buildings$118,295$483,320-
Land$348,342--
Equipment$93,349$2,123,055-
Leasehold Improvements$818,482$1,873,173-
Other Assets Org$1,326,328--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Aneliza Del PinalChief Executive OffierFT$286,194$286,194
Aneliza Del Pinal--$286,194$286,194
Dung NguyenVP of Finance, Risk & ComplianceFT$189,261$189,261
Dung Nguyen--$189,261$189,261
Edith GongPublic Authority DirectorFT$151,542$151,542
Edith Gong--$151,542$151,542
Teck Chen ChiaAccounting & Payroll ManagerFT$139,244$139,244
Rosaura JimenezDirector of Supportive ServiceFT$135,762$135,762

Board Members and Trustees

NameTitle
Jeff TepperPresident
Sonya CasaresVice President
Heather Severson-TanezBoard Member
Maureen HeathBoard Member
Michal Ann MendozaBoard Member
Robert MacLaughlinBoard Member
Matthew WoodruffTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$26,683,253
Program Service Revenue
$0
Investment Income
$22,440
Other Revenue
$298,241
All Other Contributions
$5,448,965
Change in Net Assets
$330,553

Noncash Contribution Practices

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

Audited Revenue Reconciliation

Revenue per Audited Statements
$27,003,934
Total Revenue per Audited Statements
$27,003,934
Total Revenue per Form 990
$27,003,934
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$17,562,664
Salaries, Compensation, and Employee Benefits$9,110,717
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$9,303,991$0$0$9,303,991
Other Salaries and Wages$5,501,045$1,148,806$0$6,649,851
All Other Expenses$5,491,160$-742,298$0$4,748,862
Current Officers, Directors, Trustees, and Key Employees$746,562$155,441$0$902,003
Occupancy$670,820$94,321$0$765,141
Other Employee Benefits$579,405$143,892$0$723,297
Fees for Services Other$496,707$55,924$0$552,631
Payroll Taxes$451,197$95,631$0$546,828
Advertising$428,838$6,749$0$435,587
Pension Plan Contributions$231,403$57,335$0$288,738
Travel$181,397$61,500$0$242,897
Depreciation Depletion$0$192,905$0$192,905
Insurance$77,133$12,276$0$89,409
Fees for Services Accounting$32,600$4,100$0$36,700
Total Functional Expenses$25,268,737$1,404,644$0$26,673,381

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$26,673,381
Total Expenses per Audited Statements$26,673,381
Total Expenses per Form 990$26,673,381
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
County of Santa ClaraSan Jose, CA-Title III-C1, III-C2,$6,823,332
Catholic Charities of Santa Clara CountySan Jose, CA-Title III-B, III-E, VII-A, MOCA$683,232
Senior Adults Legal AssistanceSan Jose, CA-Title III-B, VII-B$394,108
Live Oak Adult Day ServicesSan Jose, CA-Title III-B, III-E$370,346
Community Services Agency of Mountain View and Los AltosMountain View, CA-Title III-B$197,300
Hearts and Minds Activity CenterSan Jose, CA-Title III-E, MOCA$133,785
AvenidasPalo Alto, CA-Title III-B, III-E$115,279
San Jose State University Research Foundation - Timpany CenterSan Jose, CA-Title III-D$92,991
Asian American Community for InvolvementSan Jose, CA-Title III-D$85,407
Alzheimer's Disease and Related Disorders Association IncSan Jose, CA-Title III-E$64,800
Peninsula Volunteers IncMenlo Park, CA-Title III-B, MOCA$59,838
Family Caregiver AllianceSan Francisco, CA-Moca$53,481
Loaves & Fishes Family KitchenSan Jose, CA-Title III-C2$50,015
Bloom USA CateringSanta Clara, CA-Moca$49,659
West Valley Community ServicesCupertino, CA-Moca$23,179
City of SunnyvaleSunnyvale, CA-Title III-D$21,038
Hunger at HomeSan Jose, CA-Moca$18,750
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$1,389,213
Due To/(From)$0
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Sourcewise
EIN
94-2256503
Phone
4083503200
Address
3100 De La Cruz Blvd Suite 310, Santa Clara, CA 95054

Signing Officer

Name
Aneliza Del Pinal
Title
CEO
Phone
4083503200
Signed
2025-11-09
Discuss with paid preparer
Yes

Organization Details

Formed
1974
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
144
Volunteers
1,531

Preparer

Firm
Hiep Pham CPA Inc
Address
41041 Trimboli Way 1926, Fremont, CA 94538
Preparer
Hiep Pham
Phone
5107897736
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

A copy of the Form 990 is provided to the Governing Body after filing.

Pt VI, Line 12C

Annually, the Governing Body reviews the conflict of interest policy for compliance.

Pt VI, Line 15A

The CEO Evaluation Committee, comprised of various members of the board, reviews and approves the compensation of the CEO of the Organization.

Pt VI, Line 15B

The CEO Evaluation Committee, comprised of various members of the board, reviews and approves the compensation for other officers.

Pt VI, Line 19

Additional information available upon request.

Pt XI

Net Assets Transfer The Affiliate transferred net assets in the amount of $486,162 during the year ended June 30, 2025 to clear its due to/(from) account from the previous year.

Form 990, Part IX, Line 24E

Maintenance 159005. 146311. 12694. 0.

Form 990, Part IX, Line 24E

Job Development 190792. 190792. 0. 0.

Form 990, Part IX, Line 24E

Purchased Services 708817. 708682. 135. 0.

Form 990, Part IX, Line 24E

Other Expenses 64407. 58593. 5814. 0.

Form 990, Part IX, Line 24E

Wrap Around Care 3625841. 3625841. 0. 0.

Form 990, Part IX, Line 24E

Indirect Costs 0. 760941. -760941. 0.

Financial Statement Notes

Pt X, Line 2

The Organization is exempt from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code. The Organization is also exempt from California franchise taxes under Section 23701(d) of the Revenue and Taxation Code and, therefore, has made no provision for Federal or California income taxes. Contributors, donors, and grantors may obtain tax benefits. In addition, the Organization has been determined by the Internal Revenue Service not to be a private foundation within the meaning of Section 509(a) of the Code. The Organization adopted the recognition requirements for uncertain income tax positions as required by generally accepted accounting principles, with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-thannot be sustained upon examination by taxing authorities. The Organization has analyzed tax positions taken for filing with the Internal Revenue Service and all state jurisdictions where it operates. The Organization believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse affect on the Organizations financial condition, results of operations or cash flows. Accordingly, the Organization has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions. The Organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

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IRS990/Form990PartVIISectionAGrp/PersonNm2Matthew Woodruff
IRS990/Form990PartVIISectionAGrp/PersonNm3Robert MacLaughlin
IRS990/Form990PartVIISectionAGrp/PersonNm4Heather Severson-Tanez
IRS990/Form990PartVIISectionAGrp/PersonNm5Michal Ann Mendoza
IRS990/Form990PartVIISectionAGrp/PersonNm6Maureen Heath
IRS990/Form990PartVIISectionAGrp/PersonNm7Aneliza Del Pinal
IRS990/Form990PartVIISectionAGrp/PersonNm8Dung Nguyen
IRS990/Form990PartVIISectionAGrp/PersonNm9Edith Gong
IRS990/Form990PartVIISectionAGrp/PersonNm10Teck Chen Chia
IRS990/Form990PartVIISectionAGrp/PersonNm11Rosaura Jimenez
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IRS990/Form990PartVIISectionAGrp/TitleTxt8VP of Finance, Risk & Compliance
IRS990/Form990PartVIISectionAGrp/TitleTxt9Public Authority Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Accounting & Payroll Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director of Supportive Service
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: Other Income 2022: 359970. 2023: 275560. 2024: 298241.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is exempt from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code. The Organization is also exempt from California franchise taxes under Section 23701(d) of the Revenue and Taxation Code and, therefore, has made no provision for Federal or California income taxes. Contributors, donors, and grantors may obtain tax benefits. In addition, the Organization has been determined by the Internal Revenue Service not to be a private foundation within the meaning of Section 509(a) of the Code. The Organization adopted the recognition requirements for uncertain income tax positions as required by generally accepted accounting principles, with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-thannot be sustained upon examination by taxing authorities. The Organization has analyzed tax positions taken for filing with the Internal Revenue Service and all state jurisdictions where it operates. The Organization believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse affect on the Organizations financial condition, results of operations or cash flows. Accordingly, the Organization has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions. The Organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.
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