Civic Intelligence

Palomar College Foundation

990 • Fiscal year 2022 • EIN 95-6094128

Jan 01, 2022 to Dec 31, 2022 • Filed on Jun 28, 2023

Organization ProfileWWW.PALOMAR.EDU/FOUNDATION
1140 W Mission RoadSan Marcos, CA 92069

(760) 744-1150

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

9th percentile

0.00x

Higher debt load relative to assets than 9% of similar nonprofits.

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

Liabilities / Revenue

7th percentile

0.00x

Higher debt load relative to revenue than 7% of similar nonprofits.

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

Net Margin

97th percentile

90%

Higher net margin than 97% of similar nonprofits.

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

Top Officer Pay

67th percentile

$235,624

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

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

Asset Growth

91st percentile

49%

Faster asset growth than 91% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

96th percentile

178%

Faster revenue growth than 96% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets9th percentile

Assets

Up

$24,083,180

Up $7,928,979 (+49%) from 2021

Net Assets

Up

$24,044,088

Up $7,933,095 (+49%) from 2021

Liabilities

Down

$39,092

Down $4,116 (-9.5%) from 2021

Revenue And Expenses
Liabilities / Revenue7th percentileNet Margin97th percentile

Revenue

Up

$12,040,496

Up $7,702,173 (+178%) from 2021

Expenses

Up

$1,170,577

Up $224,927 (+24%) from 2021

Net Income

Up

$10,869,919

Up $7,477,246 (+220%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth91st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2011: $5,636,252Liabilities 2011: $63,138Net Assets 2011: $5,573,1142011Assets 2012: $6,030,403Liabilities 2012: $129,168Net Assets 2012: $5,901,2352012Assets 2013: $6,519,113Liabilities 2013: $96,900Net Assets 2013: $6,422,2132013Assets 2014: $6,603,729Liabilities 2014: $80,009Net Assets 2014: $6,523,7202014Assets 2015: $7,317,151Liabilities 2015: $63,954Net Assets 2015: $7,253,1972015Assets 2016: $7,649,963Liabilities 2016: $57,195Net Assets 2016: $7,592,7682016Assets 2017: $8,478,907Liabilities 2017: $67,474Net Assets 2017: $8,411,4332017Assets 2018: $7,978,665Liabilities 2018: $48,618Net Assets 2018: $7,930,0472018Assets 2019: $9,116,295Liabilities 2019: $53,496Net Assets 2019: $9,062,7992019Assets 2020: $11,810,754Liabilities 2020: $46,585Net Assets 2020: $11,764,1692020Assets 2021: $16,154,201Liabilities 2021: $43,208Net Assets 2021: $16,110,9932021Assets 2022: $24,083,180Liabilities 2022: $39,092Net Assets 2022: $24,044,0882022Assets 2023: $27,199,789Liabilities 2023: $23,056Net Assets 2023: $27,176,7332023Assets 2024: $29,974,397Liabilities 2024: $20,046Net Assets 2024: $29,954,3512024

Highlighted filing

2022

Assets$24,083,180
Liabilities$39,092
Net Assets$24,044,088
Open 2022 Filing

Operations Trend

Revenue Growth96th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2011: $1,718,230Expenses 2011: $1,584,843Net Income 2011: $133,3872011Revenue 2012: $1,405,495Expenses 2012: $1,384,017Net Income 2012: $21,4782012Revenue 2013: $1,538,151Expenses 2013: $1,296,479Net Income 2013: $241,6722013Revenue 2014: $1,579,037Expenses 2014: $1,623,615Net Income 2014: -$44,5782014Revenue 2015: $2,475,144Expenses 2015: $1,544,606Net Income 2015: $930,5382015Revenue 2016: $1,795,988Expenses 2016: $1,796,425Net Income 2016: -$4372016Revenue 2017: $2,126,231Expenses 2017: $2,027,749Net Income 2017: $98,4822017Revenue 2018: $2,578,552Expenses 2018: $2,471,894Net Income 2018: $106,6582018Revenue 2019: $1,546,196Expenses 2019: $1,365,495Net Income 2019: $180,7012019Revenue 2020: $3,195,141Expenses 2020: $1,134,513Net Income 2020: $2,060,6282020Revenue 2021: $4,338,323Expenses 2021: $945,650Net Income 2021: $3,392,6732021Revenue 2022: $12,040,496Expenses 2022: $1,170,577Net Income 2022: $10,869,9192022Revenue 2023: $1,681,886Expenses 2023: $1,047,021Net Income 2023: $634,8652023Revenue 2024: $1,856,961Expenses 2024: $1,926,607Net Income 2024: -$69,6462024

Highlighted filing

2022

Revenue$12,040,496
Expenses$1,170,577
Net Income$10,869,919
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 28, 2023
Return Version
2022v5.0
Gross Receipts
$12,110,119
Mission and Program Overview

Mission

The palomar college foundation, with the support of the community, secures supplemental funding, other resources, and provides program support for the benefit of palomar community college and its students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$14,513,639$22,351,799▲ $7,838,160
Savings and Temporary Cash Investments$1,338,799$1,426,830▲ $88,031
Cash and Non-Interest-Bearing Accounts$217,603$277,032▲ $59,429
Accounts Receivable$83,535$27,026▼ $56,509
Land, Buildings, and Equipment, Net$625$493▼ $132
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$16,154,201$24,083,180▲ $7,928,979
Other Assets Total-$0-
Liabilities
Other Liabilities$33,676$28,073▼ $5,603
Accounts Payable and Accrued Expenses$9,532$11,019▲ $1,487
Total Liabilities$43,208$39,092▼ $4,116
Net Assets / Fund Balance
Net Assets With Donor Restrictions$13,773,679$21,998,881▲ $8,225,202
Net Assets Without Donor Restrictions$2,337,314$2,045,207▼ $292,107
Total Net Assets Fund Balance$16,110,993$24,044,088▲ $7,933,095
Total Liabilities and Net Assets / Fund Balance$16,154,201$24,083,180▲ $7,928,979

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$493$23,035$23,528
Equipment-$11,801$11,801

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$9,133,858$10,451,733▼ $1,415,438$206,882$17,868,815
2021$5,956,513$2,819,130▲ $545,775$63,285$9,133,858
2020$4,653,184$1,025,975▲ $419,149$60,826$5,956,513
2019$4,030,245$185,470▲ $632,190$90,071$4,653,184
2018$3,975,888$336,289▼ $157,279$55,088$4,030,245
Compensation and Service Providers
Top Officer Pay67th percentile

Board Members and Trustees

NameTitle
Will RiveraChairman
Aaron ByzakDirector
Celia GarciaDirector
Christine SpielmakerDirector
Dave WattDirector
Dr Luene CorwinDirector
Katie JohanskiDirector
Malena BennettDirector
Pete RogersDirector
Richard MarksDirector
Sheila BrownDirector
Stacy RungaitisExecutive Director
Dr Li TianSecretary
Susan MillerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$11,420,903
Program Service Revenue
$0
Investment Income
$527,071
Other Revenue
$92,522
All Other Contributions
$11,032,903
Change in Net Assets
$10,869,919

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,997,639
Revenue Not Reported on Financial Statements
$42,857
Revenue Not Reported on Form 990
$-2,313,053
Total Revenue per Audited Statements
$9,684,586
Total Revenue per Form 990
$12,040,496
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$972,165
Other Expenses$145,933
Salaries, Compensation, and Employee Benefits$52,479
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$972,165--$972,165
Other Salaries and Wages-$52,479-$52,479
Fees for Service Investment Mgmnt Fees-$42,857-$42,857
Fees for Services Other-$41,738-$41,738
Fees for Services Accounting-$12,800-$12,800
Insurance-$4,426-$4,426
Conferences and Meetings-$4,281-$4,281
Advertising-$2,397-$2,397
Office Expenses-$1,868-$1,868
Other Expenses-$1,572-$1,572
All Other Expenses-$388-$388
Depreciation Depletion-$131-$131
Total Functional Expenses$972,165$198,412$0$1,170,577

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,751,490
Total Expenses per Form 990$1,170,577
Expenses per Audited Statements$1,127,720
Expenses Not Reported on Form 990$623,770
Expenses Not Reported on Financial Statements$42,857
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$162,145
Fundraising Direct Expenses$69,623
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf 2022$162,145$162,145$69,623$92,522
Total Events$162,145$162,145$69,623$92,522
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
Payable to Beneficiaries$28,073
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
No
Management duties delegated
No

Governance Explanations

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

“The tax return is prepared by an independent cpa firm utilizing audited financial information and is reviewed by foundation management and designated commitee board members prior to filing.”

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

“Conflict of interest policy is addressed for all transactions, grants, and scholarships presented to the board on a monthly basis.”

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

“Top management salaries are paid through palomar college as a related organization. Annual salary increases are approved by the governing board and palomar college on an annual basis.”

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

“Other officers and key employees are paid through palomar college as a related organization. Annual salary increases are approved by the governing board and palomar college on an annual basis.”

Form 990, Part VI, Section C, Line 19

“The foundation's audited financial statements, policies, and other pertinent documents are made available upon request and are disclosed in the annual report and through its website.”

Filing and Contact Details

Filer

Filer Name
Palomar College Foundation
EIN
95-6094128
Phone
7607441150
Address
1140 W MISSION ROAD, SAN MARCOS, CA 92069

Signing Officer

Name
Stacy Rungaitis
Title
Executive Director
Signed
2023-06-28
Discuss with paid preparer
Yes

Organization Details

Formed
1959
Legal Domicile
CA
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
11

Preparer

Firm
Wilkinson Hadley King & Co LLP
Address
218 W Douglas Ave, El Cajon, CA 92020
Preparer
Aubrey W Mann
Phone
6194476700
Supplemental Narrative

Financial Statement Notes

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

“Scholarships and assistance to the students of palomar college”

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

“ROUNDING $1”

Raw XML AppendixShowing 400 of 576 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt09532
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt011019
IRS990/AccountsReceivableGrp/BOYAmt083535
IRS990/AccountsReceivableGrp/EOYAmt027026
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE PALOMAR COLLEGE FOUNDATION, WITH THE SUPPORT OF THE COMMUNITY, SECURES SUPPLEMENTAL FUNDING, OTHER RESOURCES, AND PROVIDES PROGRAM SUPPORT FOR THE BENEFIT OF PALOMAR COMMUNITY COLLEGE AND ITS STUDENTS.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt02397
IRS990/AdvertisingGrp/TotalAmt02397
IRS990/AllOtherContributionsAmt011032903
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0388
IRS990/AllOtherExpensesGrp/TotalAmt0388
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0KAYLA KELSEY
IRS990/BooksInCareOfDetail/PhoneNum07607441150
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01140 W MISSION ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0SAN MARCOS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd092069
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0217603
IRS990/CashNonInterestBearingGrp/EOYAmt0277032
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt04281
IRS990/ConferencesMeetingsGrp/TotalAmt04281
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt011420903
IRS990/CYGrantsAndSimilarPaidAmt0972165
IRS990/CYInvestmentIncomeAmt0527071
IRS990/CYOtherExpensesAmt0145933
IRS990/CYOtherRevenueAmt092522
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt010869919
IRS990/CYSalariesCompEmpBnftPaidAmt052479
IRS990/CYTotalExpensesAmt01170577
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt012040496
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0131
IRS990/DepreciationDepletionGrp/TotalAmt0131
IRS990/Desc0GRANTS, ALLOCATIONS, AND SCHOLARSHIPS FOR THE BENEFIT OF THE STUDENTS AT PALOMAR COMMUNITY COLLEGE.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt013773679
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt021998881
IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0972165
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt012800
IRS990/FeesForServicesAccountingGrp/TotalAmt012800
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt041738
IRS990/FeesForServicesOtherGrp/TotalAmt041738
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt042857
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt042857
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1145.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt24.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt34.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt122.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt132.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt067115
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/PersonNm0STACY RUNGAITIS
IRS990/Form990PartVIISectionAGrp/PersonNm1WILL RIVERA
IRS990/Form990PartVIISectionAGrp/PersonNm2DR LI TIAN
IRS990/Form990PartVIISectionAGrp/PersonNm3SUSAN MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm4RICHARD MARKS
IRS990/Form990PartVIISectionAGrp/PersonNm5PETE ROGERS
IRS990/Form990PartVIISectionAGrp/PersonNm6DR LUENE CORWIN
IRS990/Form990PartVIISectionAGrp/PersonNm7CELIA GARCIA
IRS990/Form990PartVIISectionAGrp/PersonNm8SHEILA BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm9KATIE JOHANSKI
IRS990/Form990PartVIISectionAGrp/PersonNm10DAVE WATT
IRS990/Form990PartVIISectionAGrp/PersonNm11AARON BYZAK
IRS990/Form990PartVIISectionAGrp/PersonNm12MALENA BENNETT
IRS990/Form990PartVIISectionAGrp/PersonNm13CHRISTINE SPIELMAKER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0168509
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt1Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01959
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt069623
IRS990/FundraisingGrossIncomeAmt0162145
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt0388000
IRS990/GrantAmt0972165
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0972165
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0972165
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt012110119
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt04426
IRS990/InsuranceGrp/TotalAmt04426
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0527071
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0527071
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt014513639
IRS990/InvestmentsPubTradedSecGrp/EOYAmt022351799
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt034836
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0625
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0493
IRS990/LandBldgEquipCostOrOtherBssAmt035329
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE PALOMAR COLLEGE FOUNDATION, WITH THE SUPPORT OF THE COMMUNITY, SECURES SUPPLEMENTAL FUNDING, OTHER RESOURCES, AND PROVIDES PROGRAM SUPPORT FOR THE BENEFIT OF PALOMAR COMMUNITY COLLEGE AND ITS STUDENTS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt016110993
IRS990/NetAssetsOrFundBalancesEOYAmt024044088
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt092522
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-2936824
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02337314
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02045207
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01868
IRS990/OfficeExpensesGrp/TotalAmt01868
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0TRAINING AND DEVELOPMENT
IRS990/OtherExpensesGrp/Desc1MEETINGS
IRS990/OtherExpensesGrp/Desc2DONOR STEWARDSHIP
IRS990/OtherExpensesGrp/Desc3OTHER OPERATING EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt021623
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt110255
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21597
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt31572
IRS990/OtherExpensesGrp/TotalAmt021623
IRS990/OtherExpensesGrp/TotalAmt110255
IRS990/OtherExpensesGrp/TotalAmt21597
IRS990/OtherExpensesGrp/TotalAmt31572
IRS990/OtherLiabilitiesGrp/BOYAmt033676
IRS990/OtherLiabilitiesGrp/EOYAmt028073
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt052479
IRS990/OtherSalariesAndWagesGrp/TotalAmt052479
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03877755
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0772180
IRS990/PYInvestmentIncomeAmt0390357
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0173470
IRS990/PYOtherRevenueAmt070211
IRS990/PYRevenuesLessExpensesAmt03392673
IRS990/PYTotalExpensesAmt0945650
IRS990/PYTotalRevenueAmt04338323
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt010869919
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01338799
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01426830
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt011583048
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03877755
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03008889
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01352856
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02343026
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt022165574
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0527071
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0390357
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0168582
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0201800
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0210837
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01498647
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicSupportCY170Pct00.93670
IRS990ScheduleA/PublicSupportPY170Pct00.91760
IRS990ScheduleA/PublicSupportTotal170Amt022165574
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt011583048
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03877755
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03008889
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01352856
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02343026
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt022165574
IRS990ScheduleA/TotalSupportAmt023664221
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt09133858
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt010451733
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt017868815
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt094456
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-1415438
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0206882
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt05956513
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt02819130
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt09133858
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0124275
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0545775
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt063285
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt04653184
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt01025975
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt05956513
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt080969
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0419149
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt060826

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$24,083,180
Liabilities
$39,092
Net assets
$24,044,088
Revenue
$12,040,496
Expenses
$1,170,577
Net income
$10,869,919
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$30.0$0.02$30.0$1.86$1.93$0.07
2023Detailed filing. Detailed filing data is available for this year.$27.2$0.02$27.2$1.68$1.05$0.63
2022Detailed filing. Detailed filing data is available for this year.$24.1$0.04$24.0$12.0$1.17$10.9
2021Detailed filing. Detailed filing data is available for this year.$16.2$0.04$16.1$4.34$0.95$3.39
2020Detailed filing. Detailed filing data is available for this year.$11.8$0.05$11.8$3.20$1.13$2.06
2019Detailed filing. Detailed filing data is available for this year.$9.12$0.05$9.06$1.55$1.37$0.18
2018Detailed filing. Detailed filing data is available for this year.$7.98$0.05$7.93$2.58$2.47$0.11
2017Detailed filing. Detailed filing data is available for this year.$8.48$0.07$8.41$2.13$2.03$0.10
2016Detailed filing. Detailed filing data is available for this year.$7.65$0.06$7.59$1.80$1.80$0.00
2015Summary only. Only limited summary data is available for this year.$7.32$0.06$7.25$2.48$1.54$0.93
2014Summary only. Only limited summary data is available for this year.$6.60$0.08$6.52$1.58$1.62$0.04
2013Summary only. Only limited summary data is available for this year.$6.52$0.10$6.42$1.54$1.30$0.24
2012Summary only. Only limited summary data is available for this year.$6.03$0.13$5.90$1.41$1.38$0.02
2011Summary only. Only limited summary data is available for this year.$5.64$0.06$5.57$1.72$1.58$0.13