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Friends of 40 Baywood Avenue

San Mateo, CA · EIN 92-3776659 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Friends of 40 Baywood Avenue reported $21.8 million in revenue and $434,694 in expenses for calendar year 2024. Of every $100 it spent, $81.16 went to program services, $18.84 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 100.0% of the total. The highest compensation it reported for one person was $385,780 (PRESIDENT/CEO). Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $435K

For context, the median across 876 covered arts, culture & humanities charities: $79.98 programs, $13.89 management, $6.13 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $22M

Investment income was negative: −$223. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 876 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
81.2%78.5%
Management & general
Part IX 25(C) ÷ 25(A)
18.8%13.6%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%6.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.10
Contributions & grants share of revenue
Part VIII 1h ÷ 12
100.0%57.5%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.7%
Program service revenue share
Part VIII 2g ÷ 12
0.0%20.8%
Highest reported compensation
Part VII-A, columns D–F
$385,780$385,706
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
88.75%2.03%
People paid over $100,000
Part VII, line 2
08
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
590.836.6
Independent voting board members
Part VI 1a–1b
0 of 2100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$348K expenses · 98.6% of program spending

Preservation and maintenance of the residence, gardens, and natural land of real property owned by the org at 40 Baywood Avenue, and to seek historic landmark designation for the property

$2,755 expenses · 0.8% of program spending

Inform and educate the general public to deepen the community's interest in history, nature, culture, and the preservation of historic and scenic areas. The org will offer tours, author lectures, speaker series, and similar education programs to engage with the general public

$2,187 expenses · 0.6% of program spending

Community outreach and engagement to promote education and awareness about the rich history and natural scenic beauty of the real property owned by the org at 40 Baywood Avenue

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT/CEO
Director/trustee, officer, 3.00 hrs/week
$0$385,780$0$385,780
CFO & SECRETARY
Director/trustee, officer, 1.00 hrs/week
$0$131,510$0$131,510

0 people received more than $100,000 in reportable compensation from Friends of 40 Baywood Avenue (Part VII, line 2).

1 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$22M$435K81.2%$21M$385,780

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b2 · 0 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13No
  • Document retention policy Part VI 14No
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 50
  • Volunteers Part I, line 61

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
LASSAHN FIDUCIARY SERVICES
Renovations project management
$130,361

Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Friends of 40 Baywood Avenue's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Friends of 40 Baywood Avenue, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All arts, culture & humanities charities · Largest charities in California

Questions people ask

How much of Friends of 40 Baywood Avenue's spending goes to programs?

In calendar year 2024, Friends of 40 Baywood Avenue reported that 81.2% of its $434,694 in expenses went to program services, 18.8% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Friends of 40 Baywood Avenue pay its top executive?

The largest total compensation Friends of 40 Baywood Avenue reported for one person in calendar year 2024 was $385,780, for the role of PRESIDENT/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Friends of 40 Baywood Avenue get its money?

Of $21.8 million in revenue in calendar year 2024, 100.0% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is Friends of 40 Baywood Avenue a registered charity?

The IRS lists EIN 92-3776659 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202543189349315724 · read the filing · XML

All filings for EIN 92-3776659: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.