Berkeley Community Scholars
- Assets
- $3.2m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 6
- Location
- Berkeley, CA
- Founding
- 07/1998
- Data as of
- 06/2021
- EIN
- 94-3264327
Organization Overview
Berkeley Community Scholars, operating under the name Berkeley Community Fund, is located in Berkeley, CA. The organization was established in 1998. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2021, Berkeley Community Fund employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Berkeley Community Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Berkeley Community Fund generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $1.1m during the year ending 06/2021. While expenses have increased by 9.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BERKELEY COMMUNITY SCHOLARS BRIDGES THE OPPORTUNITY DIVIDE FOR BERKELEY YOUTH FROM LOWER-INCOME FAMILIES BY PROVIDING SCHOLARSHIPS, CONNECTIONS, AND OTHER SUPPORT INSTRUMENTAL TO SUCCESS IN COLLEGE AND BEYOND. (CONT. ON SCHEDULE O)
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR PROGRAM IS A NEED-BASED COLLEGE SUCCESS PROGRAM FOR BERKELEY PUBLIC HIGH SCHOOL GRADUATES WHO ATTEND A BACHELOR'S DEGREE-GRANTING INSTITUTION IMMEDIATELY AFTER HIGH SCHOOL OR WHO ADVANCE ON A PATH TO EARN A BACHELOR'S DEGREE THAT BEGINS AT COMMUNITY COLLEGE. WE PROVIDE 3-TIERS OF SERVICE TO PROGRAM PARTICIPANTS: 1) SCHOLARSHIP DOLLARS ($500-$2000 /SEMESTER) 2) CASE MANAGEMENT AND COACHING BY PROFESSIONAL COLLEGE SUCCESS ADVISORS WHO SUPPORT STUDENTS THROUGH ACADEMIC, SOCIO-EMOTIONAL AND FINANCIAL DECISIONS; AND 3) MENTORSHIP FROM COMMUNITY VOLUNTEERS WHO PROVIDE MORAL SUPPORT AND SHARE THEIR SOCIAL CAPITAL AND CONNECTIONS. AS OF FY2021, 77% OF OUR SCHOLARS HAVE EARNED THEIR BACHELOR'S DEGREE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherry Smith Executive Dir. | Officer | 40 | $103,728 |
Ann Smulka President | OfficerTrustee | 15 | $0 |
Rosa Luevano Secretary | OfficerTrustee | 8 | $0 |
Stephanie Mckown Treasurer | OfficerTrustee | 15 | $0 |
Janet Tam Vice President | OfficerTrustee | 8 | $0 |
Carol Brosgart MD Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $63,161 |
| All other contributions, gifts, grants, and similar amounts not included above | $938,487 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,001,648 |
| Total Program Service Revenue | $0 |
| Investment income | $33,529 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,035,177 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $415,870 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $135,114 |
| Compensation of current officers, directors, key employees. | $47,290 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $255,499 |
| Pension plan accruals and contributions | $18,449 |
| Other employee benefits | $39,005 |
| Payroll taxes | $27,863 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,360 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $9,600 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,305 |
| Advertising and promotion | $15,869 |
| Office expenses | $13,848 |
| Information technology | $20,470 |
| Royalties | $0 |
| Occupancy | $42,609 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,476 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,610 |
| All other expenses | $0 |
| Total functional expenses | $1,074,087 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $419,141 |
| Savings and temporary cash investments | $327,208 |
| Pledges and grants receivable | $252,719 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $12,023 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,969,477 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $224,375 |
| Total assets | $3,204,943 |
| Accounts payable and accrued expenses | $129,947 |
| Grants payable | $1,183,813 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $63,161 |
| Total liabilities | $1,376,921 |
| Net assets without donor restrictions | $860,791 |
| Net assets with donor restrictions | $967,231 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,204,943 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Berkeley Community Scholars has recieved totaling $123,350.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $110,500 |
American Endowment Foundation Hudson, OH PURPOSE: PHILANTHROPY | $11,000 |
Ronald Philip Saturno Foundation Berkeley, CA PURPOSE: GENERAL | $1,000 |
The Richard And Roselyn Lindheim Memorial Trust Berkeley, CA PURPOSE: GENERAL SUPPORT | $500 |
Jessica Broitman Foundation Inc Berkeley, CA PURPOSE: GENERAL OPERATING SUPPORT | $250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $100 |
Endowment Analysis
| Beg. Balance | $922,722 |
| Earnings | $155,219 |
| Net Contributions | $460,845 |
| Other Expense | $360,310 |
| Grants | $211,245 |
| Ending Balance | $967,231 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Giving Back Fund Inc Los Angeles, CA | $11,057,964 | $16,121,591 |
United Way Of The Columbia- Willamette Portland, OR | $45,244,176 | $37,813,880 |
Lutheran Social Services Of Southern California Orange, CA | $12,433,433 | $19,852,722 |
United Way California Capital Region Sacramento, CA | $17,085,587 | $25,165,420 |
United Way Of Tucson And Southern Arizona Inc Tucson, AZ | $24,809,225 | $14,478,255 |
United Way Of Southern Nevada Inc Las Vegas, NV | $13,273,511 | $9,207,930 |
Parker Ranch Foundation Tr 091092 Kamuela, HI | $269,073,510 | $7,172,423 |
Blaise Foundation Claremont, CA | $0 | $239,814 |
Beit Tshuvah Los Angeles, CA | $29,185,703 | $8,355,321 |
Levy Family Campus Los Gatos, CA | $16,282,164 | $7,205,840 |
Neighborhood Funders Group Berkeley, CA | $23,826,861 | $25,307,328 |
United Way Of Monterey County Monterey, CA | $13,516,071 | $8,095,454 |