FOSTER CITY VILLAGE INC

EIN: 900841739 501(c)(3)

FOSTER CITY, CA

Total Revenue
$113,116
Total Expenses
$92,129
Total Assets
$152,019
Net Assets
$151,959
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
CA
Principal Officer
MARK MONASCH
Phone
6503788541
Tax Period
2024-01-01 to 2024-12-31

FOSTER CITY VILLAGE INC, founded in 2012, is a small nonprofit that reported $113K in total revenue in fiscal year 2024. Revenue fell 46% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $21K, a strong 19% operating margin.

Mission

SUPPORT FOR OLDER ADULTS TO CONTINUE TO LIVE IN THEIR OWN HOMES BY PROVIDING TRANSPORTATION, SOCIAL ACTIVITIES, FITNESS CLASSES, A BOOK CLUB, WALK AND TALK, COOKING DEMONSTRATIONS, MEXICAN TRAIN DOMINOES, MAHJONG, BREAKFAST AT IHOP, AND LUNCH AT BJ'S.

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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 (2024)

Revenue Breakdown

Contributions & Grants $113,016
Program Service Revenue $0
Investment Income $0
Other Revenue $100
TOTAL REVENUE $113,116

Expense Breakdown

Grants Paid $0
Salaries & Benefits $52,949
Fundraising Expenses $2,775
Program Expenses $74,630
Other Expenses $36,405
TOTAL EXPENSES $92,129

Year-over-Year Comparison

2024 2023 Change
Revenue $113,116 $211,116 -0.5%
Expenses $92,129 $138,549 -0.3%
Net Income $20,987 $72,567 -0.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
3
Volunteers
45

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
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAM FRISELLA PRESIDENT 5.00
Officer Director
$0 $0 $0
PHYLLIS BROWN VICE PRESIDENT 10.00
Officer Director
$0 $0 $0
RICHARD HOPPER TREASURER THROUGH 11/24 5.00
Officer Director
$0 $0 $0
MARK MONASCH TREASURER EFFECTIVE 12/24 5.00
Officer Director
$0 $0 $0
BOB LAHL SECRETARY THROUGH 6/24 3.00
Officer Director
$0 $0 $0
RICHARD BIEDERMAN SECRETARY EFFECTIVE 7/24 3.00
Officer Director
$0 $0 $0
PATRICIA PLAYER MAXWELL BOARD MEMBER 2.00
Director
$0 $0 $0
PENNIE LUNDBERG BOARD MEMBER 2.00
Director
$0 $0 $0
ANITA VARELA BOARD MEMBER 2.00
Director
$0 $0 $0
CRISTINA AQUINO BOARD MEMBER 2.00
Director
$0 $0 $0
PRADEEP SINGH LODHA BOARD MEMBER 2.00
Director
$0 $0 $0
JEFFERY GINTNER BOARD MEMBER 1.00
Director
$0 $0 $0
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 $113,116 $92,129 $152,019 $20,987
2023 $211,116 $138,549 $128,362 $72,567
2020 $233,903 $205,808 $92,624 $28,095
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