PALCARE INC

EIN: 943048383 501(c)(3) Human Services

BURLINGAME, CA

Total Revenue
$6,474,533
Total Expenses
$5,514,139
Total Assets
$5,509,486
Net Assets
$3,841,300
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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
CA
Principal Officer
LISA KIESSELBACH
Phone
6503401289
Tax Period
2024-07-01 to 2025-06-30

PALCARE INC, founded in 1987, is a community nonprofit in the Human Services sector that reported $6.5M in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $5.5M left a modest 15% surplus.

Mission

TO PROVIDE HIGH QUALITY, FLEXIBLE, AFFORDABLE CHILD CARE, EARLY EDUCATION AND SUPPORT TO FAMILIES EMPLOYED AT THE SF INTERNATIONAL AIRPORT AND IN THE SURROUNDING COMMUNITIES; AND TO SERVE AS A MODEL OF COLLABORATION, INNOVATION AND ADVOCACY FOR CHILDREN, WORKING FAMILIES AND THE CHILD CARE PROFESSION.

Program Service Accomplishments

Program 1
Expenses: $1,877,974 Revenue: $3,387,342

PALCARE PRESCHOOL/PRE-K PROGRAMPALCARE'S PRESCHOOL/PRE-K PROGRAM COMPRISES ACADEMICALLY DISTINCT PRESCHOOL AND PRE- KINDERGARTEN COMPONENTS. THE PRESCHOOL CLASSROOM IS ORGANIZED INTO LEARNING AREAS...

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PALCARE PRESCHOOL/PRE-K PROGRAMPALCARE'S PRESCHOOL/PRE-K PROGRAM COMPRISES ACADEMICALLY DISTINCT PRESCHOOL AND PRE- KINDERGARTEN COMPONENTS. THE PRESCHOOL CLASSROOM IS ORGANIZED INTO LEARNING AREAS SO THAT CHILDREN CAN FIND THE MATERIALS THEY WISH TO USE. THE LEARNING CENTERS INCLUDE THE LIBRARY, DRAMATIC PLAY, ART AND CONSTRUCTION BLOCKS, MANIPULATIVES AND PUZZLES, SCIENCE, MATH, NATURAL HISTORY, LANGUAGE AND MUSIC. MOST MATERIALS ARE AVAILABLE TO THE CHILDREN ON OPEN SHELVES. TEACHING TEAMS TRANSFORM THE ENVIRONMENT PERIODICALLY TO PROVIDE NEW OPPORTUNITIES. EACH CLASSROOM CONTAINS SEVERAL SMALL SPACES TO ENCOURAGE SMALL GROUP PLAY AND TO PROVIDE A BIT OF PRIVACY THAT CHILDREN NEED. PARENTS ARE STRONGLY ENCOURAGED TO HELP US TO DEVELOP THE ENVIRONMENT BY BRINGING IN MORE PROPS FOR A LEARNING CENTER OR SOMETHING OF BEAUTY OR CURIOSITY FROM THE NATURAL WORLD FOR THE CHILDREN TO EXPLORE. OUR PLAY YARD HAS A CURRENT DESIGN OF CLIMBING STRUCTURES, WHICH IS CHALLENGING, YET SAFE. THE YARD ALSO FEATURES PLAYHOUSES, A TRIKE RUN, SAND BOX, BALANCE TOYS, SENSORY TABLES, ART EASELS, BALLS AND MORE. THE YARD MEETS THE LATEST PLAYGROUND SAFETY REGULATIONS AND IS STILL LOTS OF FUN.OUR PRE-KINDERGARTEN PROGRAM IS DESIGNED TO PREPARE CHILDREN TO BE SUCCESSFUL AND COMFORTABLE IN KINDERGARTEN, WHETHER THEY GO TO KINDERGARTEN IN THE FALL OF THE CURRENT YEAR OR SPEND TWO YEARS IN OUR PROGRAM AND HEAD TO KINDERGARTEN THE FOLLOWING FALL. THE PUBLIC SCHOOL REQUIREMENT FOR KINDERGARTEN IS THAT CHILDREN MUST BE FIVE YEARS OLD BY SEPTEMBER 1ST. WE BELIEVE THAT LEARNING AND DEVELOPMENT IS NOT A RACE BUT A COMPLEX, RICH PROCESS. EVERYTHING WE PLAN AND DO WITH THE CHILDREN IS INTENDED TO HELP THEM HAVE A STRONG, SOLID FOUNDATION. OUR APPROACH INCLUDES DAILY EXPERIENCES IN LANGUAGE, LITERACY, MATHEMATICS, NATURAL SCIENCE, MUSIC AND ART. OUR GROUP SIZE OF APPROXIMATELY NINETY-ONE (91) WITH THE 3-5 YEAR OLD AGE GROUP, WITH CREDENTIALED, EXPERIENCED PRE-KINDERGARTEN TEACHERS, ENSURES THAT THE CHILDREN WILL RECEIVE INDIVIDUAL ATTENTION AND SUPPORT FOR THEIR LEARNING. EVERY WEEK THE CHILDREN HAVE ENRICHMENT CLASSES IN MUSIC AND MOVEMENT EDUCATION IN ADDITION TO THEIR CLASSROOM DAILY ACTIVITIES. EACH CHILD MAY ALSO PARTICIPATE IN THE "RAISING A READER" BOOK BAG PROGRAM, A WONDERFUL LITERACY BUILDING EXPERIENCE.

Program 2
Expenses: $1,676,901 Revenue: $1,309,657

PALCARE INFANT PROGRAMTHE INFANT PROGRAM HAS TWO GROUPS: THE YOUNGER BABIES GROUP IS CHILDREN THREE MONTHS OLD UP TO THE TIME THEY ARE WALKING OR BEGINNING TO WALK. THE OLDER INFANTS GROUP IS EARLY...

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PALCARE INFANT PROGRAMTHE INFANT PROGRAM HAS TWO GROUPS: THE YOUNGER BABIES GROUP IS CHILDREN THREE MONTHS OLD UP TO THE TIME THEY ARE WALKING OR BEGINNING TO WALK. THE OLDER INFANTS GROUP IS EARLY WALKING BABIES UP TO 24 MONTHS OLD. THE YOUNGER BABIES CLASSROOMS PROVIDE A GENTLY STIMULATING ENVIRONMENT WITH EQUIPMENT AND EDUCATIONAL PLAY MATERIALS THAT ENCOURAGE BABIES TO SAFELY EXPLORE THE PHYSICAL WORLD AND WHAT THEIR BODIES CAN DO. YOU WILL NOT FIND RESTRICTIVE EQUIPMENT SUCH AS WALKERS, BOUNCERS OR PLAYPENS IN THE CLASSROOMS. THEY ARE NOT SAFE OR HEALTHY FOR YOUNG CHILDREN IN GROUP CARE. THE OLDER INFANTS CLASSROOMS OFFER MORE CHALLENGING EQUIPMENT AND INTRODUCES CHILDREN TO ART MATERIALS, MANIPULATIVE, PUZZLES, BLOCKS, OUTDOOR PLAY AND MORE. ALL INFANT PLAY ENVIRONMENTS FEATURE LOTS OF BOOKS, PICTURES AND MOBILES. EACH IS DIVIDED INTO SMALLER PLAY AREAS SO THAT CHILDREN WILL INTERACT IN SMALL GROUPS, AS IS APPROPRIATE FOR THEIR AGE. EACH CLASSROOM HAS A SEPARATE SLEEPING ROOM(S). YOUNGER BABIES ARE PROVIDED WITH SLEEPING MATS AND OLDER INFANTS USE SLEEPING COTS. NOTE MOST WEEKS THE OLDER INFANTS GROUP HAS MUSIC AND MOVEMENT ENRICHMENT CLASSES ONCE A WEEK IN ADDITION TO THEIR CLASSROOM DAILY ACTIVITIES. OUR 3-12 MONTH OLD AGE GROUP HAD AN APPROXIMATE GROUP SIZE OF THIRTY-THREE (33) AND OUR 13-24 MONTH OLD AGE GROUP HAD AN APPROXIMATE GROUP SIZE OF TWENTY-SEVEN (27), WITH CREDENTIALED, EXPERIENCED INFANT TEACHERS WHICH ENSURES THAT OUR INFANTS RECEIVE THE PROPER CARE, ATTENTION AND SUPPORT FOR THEIR DEVELOPMENT AND LEARNING.

Program 3
Expenses: $1,032,233 Revenue: $862,851

PALCARE TODDLER PROGRAMTHE THIRD YEAR OF LIFE, FROM 25 TO 36 MONTHS, IS ANOTHER CRITICAL PERIOD FOR HEALTHY BRAIN DEVELOPMENT. IT IS THE TIME WHEN CHILDREN GAIN GREATER CONTROL OVER THEIR BODIES...

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PALCARE TODDLER PROGRAMTHE THIRD YEAR OF LIFE, FROM 25 TO 36 MONTHS, IS ANOTHER CRITICAL PERIOD FOR HEALTHY BRAIN DEVELOPMENT. IT IS THE TIME WHEN CHILDREN GAIN GREATER CONTROL OVER THEIR BODIES, BEGIN TO DEVELOP A VOCABULARY AND FIRST BEGIN TO SUSPECT THAT THEY ARE NOT THE VERY CENTER OF THE UNIVERSE! AS WITH THE INFANT PROGRAM, WE BELIEVE TWO-YEAR-OLDS NEED RESPECT, NURTURING CARE AND INDIVIDUAL ATTENTION. THEY ALSO NEED ADDITIONAL CHALLENGES IN THEIR ENVIRONMENT WITH PLENTY OF OPPORTUNITIES TO LEARN THROUGH EXPERIENCE. THEY NEED SPECIFIC ENCOURAGEMENT AND SUPPORT TO COMMUNICATE THEIR FEELINGS AND NEEDS TO THE OTHER CHILDREN WITH WHOM THEY WANT TO PLAY. THEY MAY NEED ENCOURAGEMENT AND REASSURANCE WHEN THINGS DO NOT GO THEIR WAY. NOTE MOST WEEKS THE TODDLER GROUP HAS MUSIC CLASS ONCE A WEEK IN ADDITION TO THEIR CLASSROOM DAILY ACTIVITIES. OUR TODDLER GROUP 2-3 YEAR OLDS HAD AN APPROXIMATE GROUP SIZE OF THIRTY-ONE (31) ENROLLED, WITH CREDENTIALED, EXPERIENCE TODDLER TEACHERS, ENSURING THAT THE CHILDREN RECEIVE THE INDIVIDUAL ATTENTION AND SUPPORT FOR THEIR DEVELOPMENT.

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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 $900,009
Program Service Revenue $5,559,850
Investment Income $-10,445
Other Revenue $25,119
TOTAL REVENUE $6,474,533

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,558,128
Fundraising Expenses $24,973
Program Expenses $4,587,108
Other Expenses $1,956,011
TOTAL EXPENSES $5,514,139

Year-over-Year Comparison

2024 2023 Change
Revenue $6,474,533 $4,868,090 +0.3%
Expenses $5,514,139 $4,736,607 +0.2%
Net Income $960,394 $131,483 +6.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
10
Employees
65
Volunteers
9

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
7
$302,427
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM PITNEY PRESIDENT 1.00
Officer Director
$0 $0 $0
JEAN CARAMATTI VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JOHN DELANEY TREASURER 1.00
Officer Director
$0 $0 $0
JAMIE HUI SECRETARY 1.00
Officer Director
$0 $0 $0
HENRY YEUNG BOARD MEMBER 1.00
Director
$0 $0 $0
MARY MURPHY BOARD MEMBER 1.00
Director
$0 $0 $0
STEVEN ROSS BOARD PERSONNEL COMMITTEE 1.00
Director
$0 $0 $0
LEE KOURTOGLOU BOARD MEMBER 1.00
Director
$0 $0 $0
JENNIFER ACTON BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN HOMAN BOARD MEMBER 1.00
Director
$0 $0 $0
LISA KIESSELBACH EXECUTIVE DIRECTOR 40.00
Officer
$165,751 $7,200 $172,951
KARLA ESTRADA UNTIL 032025 DIRECTOR OF FINANCE 40.00
Officer
$129,245 $231 $129,476
JACOB NAVA-COULTER FR 042025 DIRECTOR OF FINANCE 40.00
Officer
$0 $0 $0
ALLISON RIOZZIE HAAS ASSOCIATE EXECUTIVE DIRECTOR 40.00
Highest
$119,998 $6,000 $125,998
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
2025 $6,474,533 $5,514,139 $5,509,486 $960,394
2024 $4,868,090 $4,736,607 $4,416,324 $131,483
2023 $4,016,540 $4,209,984 $4,494,033 $-193,444
2022 $3,731,289 $3,933,891 $3,124,177 $-202,602
2021 $4,196,178 $3,589,293 $3,480,032 $606,885
2020 $3,586,882 $3,799,553 $3,588,130 $-212,671
2019 $3,810,107 $3,888,056 $2,562,306 $-77,949
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