BAY AREA COUNCIL FOUNDATION

EIN: 201826827 501(c)(3) Human Services

SAN FRANCISCO, CA

Total Revenue
$4,757,549
Total Expenses
$7,080,398
Total Assets
$45,976,245
Net Assets
$9,199,709
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
CA
Principal Officer
JULIE ROWE
Phone
4159816600
Tax Period
2023-01-01 to 2023-12-31

BAY AREA COUNCIL FOUNDATION, founded in 2004, is a community nonprofit in the Human Services sector that reported $4.8M in total revenue in fiscal year 2023. Revenue fell 43% from the prior year — a significant decline worth monitoring. Expenses of $7.1M exceeded revenue, resulting in a 49% operating deficit.

Mission

BAY AREA COUNCIL FOUNDATION (BACF) IS A 501(C)(3) CHARITABLE ORG (CONTINUED ON SCHEDULE O) FOUNDED IN 2004 TO FUND, MANAGE AND IMPLEMENT INITIATIVES THAT IMPACT THE ENTIRE BAY AREA REGION OF CALIFORNIA. THE MISSION OF BACF IS TO SUPPORT THE BAY AREA COUNCIL (BAC) AND INVEST PHILANTHROPIC RESOURCES TOWARD BUILDING STRONGER, MORE VIBRANT COMMUNITIES, A HEALTHY ECONOMY, AND A MORE INNOVATIVE, GLOBALLY COMPETITIVE AND SUSTAINABLE BAY AREA REGION. WE DO NOT MAKE GRANTS AND FUNCTION LARGELY AS AN OPERATING FOUNDATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,612,267
Program Service Revenue $617,567
Investment Income $198
Other Revenue $527,517
TOTAL REVENUE $4,757,549

Expense Breakdown

Grants Paid $1,284,094
Salaries & Benefits $1,207,298
Fundraising Expenses $8,422
Program Expenses $4,866,273
Other Expenses $4,589,006
TOTAL EXPENSES $7,080,398

Year-over-Year Comparison

2023 2022 Change
Revenue $4,757,549 $8,366,385 -0.4%
Expenses $7,080,398 $5,452,290 +0.3%
Net Income $-2,322,849 $2,914,095 -1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
23
Independent Members
23
Employees
N/A
Volunteers
23

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$1,502,506
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KRISTINA LAWSON CHAIR 1.00
Officer Director
$0 $0 $0
CHRISTOPHER RIVIELLE SECRETARY 1.00
Director
$0 $0 $0
PHILLIP MAZZIE TREASURER 1.00
Director
$0 $0 $0
KAUSIK RAJGOPAL MEMBER 1.00
Officer Director
$0 $0 $0
CHRIS CIMINO MEMBER 1.00
Director
$0 $0 $0
MATT ROSSIE MEMBER 1.00
Director
$0 $0 $0
CARLA PETERMAN MEMBER 1.00
Director
$0 $0 $0
KIRSTEN RHODES MEMBER 1.00
Director
$0 $0 $0
LIZ MINICK MEMBER 1.00
Director
$0 $0 $0
PEG MCALLISTER MEMBER 1.00
Director
$0 $0 $0
JOHN GINGRICH MEMBER 1.00
Director
$0 $0 $0
DANNY WAN MEMBER 1.00
Director
$0 $0 $0
THOMAS TROY MEMBER 1.00
Director
$0 $0 $0
ROBERT JAMES MEMBER 1.00
Officer Director
$0 $0 $0
BRANDON SCHNEIDER MEMBER 1.00
Director
$0 $0 $0
BRANDON SHORENSTEIN MEMBER 1.00
Director
$0 $0 $0
CORI DAVIS MEMBER 1.00
Director
$0 $0 $0
MICHAEL COVARRUBIAS MEMBER 1.00
Director
$0 $0 $0
MARY HUSS MEMBER 1.00
Director
$0 $0 $0
JED YORK MEMBER 1.00
Director
$0 $0 $0
ALEXANDER MEHRAN SR MEMBER 1.00
Director
$0 $0 $0
CLINTON REILLY MEMBER 1.00
Director
$0 $0 $0
IVAR SATERO MEMBER 1.00
Director
$0 $0 $0
JAMES WUNDERMAN CEO 1.00
Officer
$0 $94,123 $841,482
JOHN GRUBB COO 1.00
Officer
$0 $58,862 $393,611
JULIE ROWE CFO 1.00
Officer
$0 $27,575 $267,413
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $4,757,549 $7,080,398 $45,976,245 $-2,322,849
2022 $8,366,385 $5,452,290 $46,286,108 $2,914,095
2021 $8,183,593 $2,268,017 $31,064,493 $5,915,576
2020 $4,801,288 $2,100,917 $15,899,984 $2,700,371
2019 $2,289,035 $2,229,950 $10,198,358 $59,085
2018 $2,518,596 $2,335,418 $7,567,873 $183,178
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