Cabrillo College Foundation

EIN: 946121953 501(c)(3) Education

Aptos, CA

Total Revenue
$10,338,799
Total Expenses
$5,004,452
Total Assets
$56,395,509
Net Assets
$53,386,306
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
CA
Principal Officer
Edward Newman
Phone
8314796338
Tax Period
2023-07-01 to 2024-06-30

Cabrillo College Foundation, founded in 1965, is a mid-sized nonprofit in the Education sector that reported $10.3M in total revenue in fiscal year 2023. Revenue surged 40% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.3M, a strong 52% operating margin.

Mission

To provide private support for student scholarships, emergency financial support to increase student success, innovative mentoring, and support for youth to attend college and support for academic programs and facilities.

Program Service Accomplishments

Program 1
Expenses: $1,788,162

Scholarships - Cabrillo is designed to give students an on-ramp to post-secondary education - an education that provides potential to build a better life. The Cabrillo College Foundation helps by...

Read more

Scholarships - Cabrillo is designed to give students an on-ramp to post-secondary education - an education that provides potential to build a better life. The Cabrillo College Foundation helps by easing the financial barrier to attend college. We awarded $1,594,478 in scholarships to help students make ends meet. Through our Women's Educational Success program, we put up to $1,000 in the hands of students with an unexpected expense usually in a few days!

Program 2
Expenses: $1,780,785

Donations to Cabrillo College Foundation are investments in the human potential of our students and the wider community we serve. The Cabrillo College Foundation helps by providing student support at...

Read more

Donations to Cabrillo College Foundation are investments in the human potential of our students and the wider community we serve. The Cabrillo College Foundation helps by providing student support at every level. Faculty Innovation support faculty who innovate ways to improve the classroom experience. Cabrillo Advancement Program: From middle school and continuing through high school, CAP students receive tutoring, counseling and activities that help them see college as a real choice. Tutoring: we support peer to peer tutoring for greater student success. Student Support Services: for special populations such as veterans and former foster youth. The foundation also provides support to over 100 college programs such as engineering, nursing, visual and performing arts, athletics, and the Stroke Center.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $7,823,140
Program Service Revenue $934,344
Investment Income $1,586,682
Other Revenue $-5,367
TOTAL REVENUE $10,338,799

Expense Breakdown

Grants Paid $3,066,170
Salaries & Benefits $887,864
Fundraising Expenses $302,894
Program Expenses $3,568,947
Other Expenses $1,050,418
TOTAL EXPENSES $5,004,452

Year-over-Year Comparison

2023 2022 Change
Revenue $10,338,799 $7,404,860 +0.4%
Expenses $5,004,452 $4,913,236 +0.0%
Net Income $5,334,347 $2,491,624 +1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
30
Independent Members
30
Employees
10
Volunteers
148

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
4
$0
Total Directors
30
$1,593,035
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Matt Wetstein President 5.00
Director
$0 $95,622 $425,190
Bradley Olin VP of Admin 5.00
Director
$0 $112,419 $351,470
Amy Lehman-Sexton Director 2.00
Director
$0 $47,617 $287,712
Travaris Harris Director 2.00
Director
$0 $53,076 $281,042
Eileen Hill Executive DIrector 40.00
$195,319 $59,629 $254,948
Kristin Wilson Director 2.00
Director
$0 $73,905 $247,621
Rachel Wedeen President 5.00
Officer Director
$0 $0 $0
Edward Newman Vice President 5.00
Officer Director
$0 $0 $0
Pegi Ard CFO 5.00
Officer Director
$0 $0 $0
Michelle Bassi Secretary 5.00
Officer Director
$0 $0 $0
Patty Quillin Past President 2.00
Director
$0 $0 $0
Rob Allen Director 2.00
Director
$0 $0 $0
Karen Cogswell Director 2.00
Director
$0 $0 $0
Kathryn Cowan Director 2.00
Director
$0 $0 $0
Sesario Escoto Director 2.00
Director
$0 $0 $0
Jan Furman Director 2.00
Director
$0 $0 $0
Diane Koenig Director 2.00
Director
$0 $0 $0
Vance Landis-Carey Director 2.00
Director
$0 $0 $0
Rick Li Fo Sjoe Director 2.00
Director
$0 $0 $0
Rene Mendez Director 2.00
Director
$0 $0 $0
Erica Ow Director 2.00
Director
$0 $0 $0
Cory Ray Director 2.00
Director
$0 $0 $0
Dan Rothwell Director 2.00
Director
$0 $0 $0
Spencer Russell Director 2.00
Director
$0 $0 $0
Ron Sekkel Director 2.00
Director
$0 $0 $0
Karen Semingson Director 2.00
Director
$0 $0 $0
Rachael Spencer Director 2.00
Director
$0 $0 $0
Trevor Strudley Director 2.00
Director
$0 $0 $0
Kate Terrell Director 2.00
Director
$0 $0 $0
Julie Thiebaut Director 2.00
Director
$0 $0 $0
Donna Ziel Director 2.00
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
2025 No data No data No data No data
2024 $10,338,799 $5,004,452 $56,395,509 $5,334,347
2023 $7,404,860 $4,913,236 $46,014,680 $2,491,624
2022 $7,384,911 $4,278,102 $43,230,255 $3,106,809
2021 $8,325,084 $3,566,110 $47,631,645 $4,758,974
2020 $2,755,771 $4,327,057 $37,156,402 $-1,571,286
2019 $9,288,981 $4,077,395 $37,887,467 $5,211,586
2018 $7,557,533 $3,098,551 $34,832,964 $4,458,982
Explore More Nonprofits
Top 100 Nonprofits in California Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Cabrillo College Foundation with other nonprofits in California and across the country.