2024-05-08T19:24:27-05:00 2023-06-30 390859910 BAKER TILLY US LLP 18500 VON KARMAN AVE 10TH FLOOR IRVINE CA 92612 990 2022-07-01 953667812 10000 DEGREES 1000 4154594240 1401 LOS GAMOS 205 SAN RAFAEL CA 94903 KIM MAZZUCA PRESIDENT & CEO 4154594240 2024-05-03 1 KIM MAZZUCA 999009999 0 BRIAN YACKER P00401346 9492222999 2024-05-01 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KIM MAZZUCA 1401 LOS GAMOS 205 SAN RAFAEL CA 94903 32258751 0 X WWW.10000DEGREES.ORG X 1981 CA ACHIEVE EDUCATIONAL EQUITY AND SUPPORT STUDENTS FROM LOW-INCOME BACKGROUNDS TO COMPLETE HIGHER ED. 29 29 142 120 0 0 21348771 21451744 487008 273574 2077 352963 -130854 -317036 21707002 21761245 4268832 9574631 0 0 7379738 10128165 0 0 1625033 1545283 2171810 13193853 21874606 8513149 -113361 27437670 31531596 2518399 6561134 24919271 24970462 X 10,000 DEGREES IS A LEADING COLLEGE SUCCESS NONPROFIT IN THE SAN FRANCISCO BAY AREA. WE HELP STUDENTS FROM LOW-INCOME BACKGROUNDS GAIN ACCESS TO AND COMPLETE HIGHER EDUCATION TO POSITIVELY IMPACT THEIR COMMUNITIES AND THE WORLD. SPECIFICALLY, WE DELIVER NEAR-PEER ADVISING AROUND COLLEGE ACCESS, ENROLLMENT, AND GRADUATION AS WELL AS ONE-ONE-ONE FINANCIAL AID SUPPORT AND MANAGEMENT. WE ALSO PROVIDE COMPREHENSIVE COLLEGE SUCCESS PROGRAMMING AND FINANCIAL AID SUPPORT AFTER STUDENTS ENROLL IN COLLEGE. OUR COLLEGE SUCCESS SUPPORT INCLUDES SCHOLARSHIP GRANTS AS WELL AS ON-CAMPUS OFFICE HOURS, NEAR-PEER ADVISING, AN INNOVATIVE TEXTING PLATFORM, LEADERSHIP DEVELOPMENT OPPORTUNITIES, AND PAID SUMMER INTERNSHIPS FOR CURRENT COLLEGE STUDENTS. 0 0 12918000 9574631 COLLEGE SUCCESS AND SCHOLARSHIP PROGRAMS: THE GOAL OF 10,000 DEGREES COLLEGE SUCCESS PROGRAMMING IS TO ENSURE THAT ALL OF OUR STUDENTS COMPLETE THEIR UNDERGRADUATE DEGREES WITHIN SIX YEARS. 10,000 DEGREES STUDENTS STARTING AT FOUR-YEAR COLLEGES HAVE A GRADUATION RATE OVER 80%. 10,000 DEGREES STUDENTS STARTING AT COMMUNITY COLLEGE TRANSFER TO FOUR-YEAR COLLEGES AND GRADUATE WITH A BACCALAUREATE DEGREE AT A RATE THREE TIMES THE NATIONAL AVERAGE. SPECIFICALLY, OUR SERVICES INCLUDE ON-CAMPUS OFFICE HOURS AT OUR LOCAL COMMUNITY COLLEGES AND LOCAL STATE UNIVERSITIES, NEAR-PEER ADVISING, AND THE DEVELOPMENT OF A CAMPUS COMMUNITY FOSTERING CAMPUS CONNECTIONS AND ASSISTING STUDENTS IN ACTIVATING RESOURCES AND NAVIGATING OPPORTUNITIES. WE ALSO OFFER REGULAR PUBLIC WORKSHOPS ON FINANCIAL AID, TIME MANAGEMENT SKILLS, AND CAREER DEVELOPMENT. THROUGH OUR COMMUNITY COLLEGE SUCCESS INITIATIVE,10,000 DEGREES STAFF WORK ON CAMPUS WITH HIGH SCHOOL SENIORS ENSURING THEY ARE PREPARED AND SUPPORTED TO SUCCEED AT COMMUNITY COLLEGE.IN ADDITION TO COLLEGE SUCCESS SUPPORT, 10,000 DEGREES AWARDS UNDERGRADUATE SCHOLARSHIPS AS WELL AS ADMINISTERS ADDITIONAL SCHOLARSHIPS FOR MORE THAN 65 FOUNDATIONS, CIVIC ORGANIZATIONS, AND INDIVIDUALS. ALL OF OUR STUDENTS MEET THE FINANCIAL REQUIREMENTS TO BE PELL GRANT ELIGIBLE AS DETERMINED BY THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA). ADDITIONALLY, WE ADMINISTER PROFILE-SPECIFIC SCHOLARSHIPS FOR QUALIFYING UNDERGRADUATES, INCLUDING SCHOLARSHIPS FOR TEACHER AND VOCATIONAL TRAINING AS WELL AS SCHOLARSHIPS TO HELP COVER THE COST OF CHILDCARE WHILE IN SCHOOL. SINCE 1986, WE HAVE ADMINISTERED THE DONOR ADVISED SCHOLARSHIPS OF THE MARIN COMMUNITY FOUNDATION. LIKEWISE, SINCE 2014, WE HAVE ADMINISTERED THE DONOR ADVISED SCHOLARSHIPS FOR THE COMMUNITY FOUNDATION OF SONOMA COUNTY. 3677124 273574 COLLEGE ACCESS PROGRAMS: 10,000 DEGREES COLLEGE ACCESS PROGRAMMING REACHES MORE THAN 10,000 STUDENTS AND FAMILIES EACH YEAR PROVIDING THE PREPARATION, RELEVANT INFORMATION, AND FINANCIAL RESOURCES TO HELP STUDENTS GET TO COLLEGE. WE ALSO SEEK TO CREATE AN ENVIRONMENT THAT PROMOTES EDUCATIONAL EQUITY VIA COMMUNITY ACTIVITIES. OUR COMPREHENSIVE COLLEGE ACCESS AND PROGRAM PROVIDES INTENSIVE COLLEGE PREPARATION, MENTORING, COLLEGE AND FINANCIAL AID COUNSELING, COLLEGE CAMPUS TOURS, AND FAFSA COMPLETION AMONG A SERIES OF OTHER PUBLIC WORKSHOPS MAKING SURE STUDENTS AND FAMILIES ENROLL IN COLLEGE SUCCESSFULLY. 1148459 FELLOWSHIP PROGRAM: FELLOWS ARE RECENT COLLEGE GRADUATES FROM LOW-INCOME BACKGROUNDS, MOST OF WHOM ARE ALUMNI OF 10,000 DEGREES PROGRAMS. THEY SERVE IN TWO TO THREE YEAR FELLOWSHIPS IN ACCESS AND SUCCESS PROGRAM LEADERSHIP ROLES WHERE THEY SUPPORT STUDENTS AND FAMILIES. FELLOWS GAIN HANDS-ON LEADERSHIP EXPERIENCE WHICH IS CONTRIBUTING TO THE SUCCESS AND EFFICACY OF OUR PROGRAMS. AS RECENT COLLEGE GRADUATES FROM LOW-INCOME BACKGROUNDS, THE FELLOWS HAVE DEEP CONTENT EXPERTISE AND CULTURAL AWARENESS OF THE CHALLENGES STUDENTS FACE. THEIR NEAR-PEER ROLE MODELING HELPS OUR STUDENTS UNDERSTAND, NAVIGATE AND MANAGE THE ENTIRE COLLEGE SUCCESS PROCESS. 17743583 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 94 0 1 142 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 29 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X JULIE CREIGHTON 4154594240 1401 LOS GAMOS 205 SAN RAFAEL CA 94903 KIM MAZZUCA PRESIDENT/CEO 50.00 X X 223145 0 12144 SANDY DONNELL CHAIR 1.00 X X 0 0 0 GUY LAMPARD VICE-CHAIR 1.00 X X 0 0 0 ERIC BINDELGLASS SECRETARY 1.00 X X 0 0 0 SHEILA LARSEN ASSISTANT SECRETARY 1.00 X X 0 0 0 PEG PIKE TREASURER 1.00 X X 0 0 0 SUSAN PRESTON ASSISTANT TREASURER 1.00 X X 0 0 0 TOBY MUMFORD DIRECTOR 1.00 X 0 0 0 JONATHAN ELDRIDGE DIRECTOR 1.00 X 0 0 0 MARK MOKELKE DIRECTOR 1.00 X 0 0 0 DR DENISE LUCY DIRECTOR 1.00 X 0 0 0 TAM TIET DIRECTOR 1.00 X 0 0 0 BERT RICHARDS DIRECTOR 1.00 X 0 0 0 MADELEINE SINCLAIR DIRECTOR 1.00 X 0 0 0 JENNIFER SWEENEY DIRECTOR 1.00 X 0 0 0 MARY WOLFE DIRECTOR 1.00 X 0 0 0 JANELLE MARIE CHARLES DIRECTOR 1.00 X 0 0 0 DEBORAH GOLDMAN DIRECTOR 1.00 X 0 0 0 LUIS SILVA-BEHRENS DIRECTOR 1.00 X 0 0 0 MICHAEL WHITCOMB DIRECTOR 1.00 X 0 0 0 JAY ABBE DIRECTOR 1.00 X 0 0 0 LIZBETH NAJERA-MUNOZ DIRECTOR 1.00 X 0 0 0 MIKE MAUE DIRECTOR 1.00 X 0 0 0 JP CONTE DIRECTOR 1.00 X 0 0 0 LEILA MONGAN DIRECTOR 1.00 X 0 0 0 NIKHIL SHARMA DIRECTOR 1.00 X 0 0 0 WILL HAYES DIRECTOR 1.00 X 0 0 0 MONICA MEHRA DIRECTOR 1.00 X 0 0 0 SONU CHANDI DIRECTOR 1.00 X 0 0 0 KADIDIA COOPER CFOO 50.00 X 50928 0 134 TRACI LANIER VICE PRESIDENT 50.00 X 182614 0 11627 VANESSA BISHOP CHIEF PROGRAM OFFICER 50.00 X 157018 0 18462 CAROLINE SILVERSTEIN CHIEF DEVT. OFFICER 50.00 X 145576 0 26692 JULIE CREIGHTON FINANCE DIRECTOR 50.00 X 144261 0 20660 CHRISTOPHER GONZALES CHIEF STRATEGY OFFICER 50.00 X 129812 0 13449 ALAINA BAUM MARKETING DIRECTOR 50.00 X 119132 0 18327 EILEEN TSAI REGIONAL DEVELOPMENT DIRECTOR 50.00 X 118376 0 18521 1270862 0 140016 13 0 1 0 0 1005259 643969 19802516 21451744 ACCESS/SUCCESS PRGM 611710 273574 273574 273574 303375 303375 10109858 10060270 49588 49588 49588 105200 1005259 437206 -332006 -332006 15000 30 14970 14970 21761245 273574 0 35927 60000 60000 9514631 9514631 761359 284017 289796 187546 7666392 5634148 1034200 998044 234414 173739 19854 40821 824805 523618 189345 111842 641195 458533 100155 82507 22857 13653 6143 3061 155034 155034 8851 8851 351121 113413 230794 6914 107333 28403 72801 6129 355437 132878 133076 89483 300982 170630 100044 30308 270298 237338 10575 22385 131903 97298 25818 8787 235583 114246 92603 28734 64292 51979 8370 3943 74328 42381 27774 4173 EQUIPMENT 93791 92678 757 356 21874606 17743583 2505990 1625033 98110 7051 13949364 15142401 10904279 8333641 167407 230714 326538 455442 370996 128902 84446 1933688 6637289 2964 2864 22242 997366 27437670 31531596 399831 1059180 691980 4273900 126740 113556 1299848 1114498 2518399 6561134 X 3191657 5495558 21727614 19474904 24919271 24970462 27437670 31531596 X -113361 164552 X X 0 1 X 1 0 X 11999594 11378663 11676987 21348771 21451744 77855759 11999594 11378663 11676987 21348771 21451744 77855759 8160460 69695299 66428 123753 25286 16783 303375 535625 319326 151767 4708 14970 490771 4000 600822 1500 606322 79488477 1837542 0.87680 0.83780 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2018 AMOUNT: $ 4,000. 2019 AMOUNT: $ 3,502. LEASE TERMINATION SETTLEMENT - 2019 AMOUNT: $ 597,320. 2021 AMOUNT: $ 1,500. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 19376986 19376986 1000000 250000 0 0 743117 635564 735927 1000000 3114608 4671912 185779 158891 183982 250000 778652 1167978 1577837 50873 146177 73496 1701391 1900202 20500 -272115 70750 1577837 1465885 85990 412674 64347 1900202 1707044 60500 -17341 284318 1465885 1671478 60500 43369 68303 1707044 0.00000 0.93490 0.06510 1 0 19683 11359 8324 385693 324670 61023 50066 34967 15099 84446 BENEFICIAL INTERESTS HELD BY MARIN COMMUNITY FOUNDATION 1945862 F BONDS 4691427 F 6637289 DEBT IMPACT SECURITIES 507000 OPERATING LEASE LIABILITIES 586312 FINANCE LEASE LIABILITIES 21186 1114498 X 22278575 4750 164552 169302 22109273 -348028 -348028 21761245 22227384 4750 348028 352778 21874606 0 21874606 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENTS CONSIST OF APPROXIMATELY 10 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND CALIFORNIA REVENUE AND TAXATION CODE, SECTION 23701D (OR OTHER STATES AND CODE SECTIONS, AS RELEVANT). ACCORDINGLY, IT HAS NOT PROVIDED FOR INCOME TAXES IN THESE FINANCIAL STATEMENTS. EACH YEAR, MANAGEMENT CONSIDERS WHETHER ANY MATERIAL TAX POSITION THE ORGANIZATION HAS TAKEN IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY. MANAGEMENT BELIEVES THAT ANY POSITIONS THE ORGANIZATION HAS TAKEN ARE SUPPORTED BY SUBSTANTIAL AUTHORITY AND, HENCE, DO NOT NEED TO BE MEASURED OR DISCLOSED IN THESE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST 164,552. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE -348,028. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 348,028. ONE AMAZING COMMUNITY 1030495 938295 92200 32834 19518 290216 ALUMNI CHANGEMAKERS 79964 66964 13000 45793 17974 30871 1110459 1005259 105200 78627 37492 321087 437206 -332006 1 COLLEGE OF MARIN KENTFIELD CAMPUS 835 COLLEGE AVE KENTFIELD CA 94904 680194359 GOVERNMENT 60000 0 CHILDCARE SCHOLARSHIPS 1 0 SCHOLARSHIPS 2697 9468631 GRADUATION STIPENDS 46 46000 PART I, LINE 2: AWARD AMOUNTS ARE BASED ON SCHOOL TYPE AND CONTINGENT ON APPLICANTS' FINANCIAL NEED AS DETERMINED BY THE EFC (ESTIMATED FAMILY CONTRIBUTION) WHICH IS CALCULATED THROUGH THE FAFSA OR CALIFORNIA DREAM ACT PROCESS. TO ENSURE THAT WE PROVIDE MEANINGFUL SUPPORT TO OUR SCHOLARSHIP RECIPIENTS, WE RE-EVALUATE OUR AVERAGE AWARD AMOUNT EVERY YEAR. WE TRACK FEDERAL AND STATE FINANCIAL AID CHANGES, AS WELL AS CHANGES IN TUITION AND FEES AT PUBLIC AND PRIVATE UNIVERSITIES. STUDENTS MUST RE-APPLY AND SUBMIT ENROLLMENT VERIFICATION, TRANSCRIPTS AND FINANCIAL NEED INFORMATION EACH SEMESTER TO ENSURE ONGOING ELIGIBILITY. X X X X 0 0 0 0 0 0 0 0 0 KIM MAZZUCA PRESIDENT/CEO 223145 0 0 0 0 0 10985 0 1159 0 235289 0 0 0 TRACI LANIER VICE PRESIDENT 182614 0 0 0 0 0 9518 0 2109 0 194241 0 0 0 VANESSA BISHOP CHIEF PROGRAM OFFICER 157018 0 0 0 0 0 5559 0 12903 0 175480 0 0 0 CAROLINE SILVERSTEIN CHIEF DEVT. OFFICER 145576 0 0 0 0 0 8018 0 18674 0 172268 0 0 0 JULIE CREIGHTON FINANCE DIRECTOR 144261 0 0 0 0 0 20089 0 571 0 164921 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B ONCE THE 990 TAX RETURN HAS BEEN COMPLETED BY THE TAX PREPARER, IT IS FORWARDED TO THE PRESIDENT & TWO VICE PRESIDENTS AND THE FINANCE DEPARTMENT FOR REVIEW. THE FINAL DRAFT IS SENT TO THE TREASURER OF THE BOARD FOR FINAL REVIEW AND IS MADE AVAILABLE TO THE BOARD BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY IS REVIEWED AND ENFORCED ON AN ANNUAL BASIS. ALL BOARD MEMBERS COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE ON AN ANNUAL BASIS. IF A CONFLICT OF INTEREST ARISES, THE BOARD DETERMINES, BEFORE THE TRANSACTION THAT (1) THIS CORPORATION IS ENTERING INTO THE TRANSACTION FOR ITS OWN BENEFIT; (2) THE TRANSACTION IS FAIR AND REASONABLE TO THIS CORPORATION AT THE TIME; AND (3) AFTER REASONABLE INVESTIGATION, THE BOARD DETERMINES THAT IT COULD NOT HAVE OBTAINED A MORE ADVANTAGEOUS ARRANGEMENT WITH REASONABLE EFFORT UNDER THE CIRCUMSTANCES. SUCH DETERMINATIONS MUST BE MADE BY THE BOARD IN GOOD FAITH, WITH KNOWLEDGE OF THE MATERIAL FACTS CONCERNING THE TRANSACTION AND THE INTEREST OF THE DIRECTOR OR DIRECTORS IN THE TRANSACTION, AND BY VOTE OF THE MAJORITY OF THE DIRECTORS THEN IN OFFICE, WITHOUT COUNTING THE VOTE OF THE INTERESTED DIRECTOR OR DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 REQUIRED REVIEW AND APPROVAL BY A GOVERNING BODY OR COMPENSATION COMMITTEE, PROVIDED THAT PERSONS WITH A CONFLICT OF INTEREST REGARDING THE COMPENSATION ARRANGEMENT AT ISSUE WERE NOT INVOLVED. WE REVIEW DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. WE RETAIN CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING FOR DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. ADDITIONALLY, ANNUAL AUDITED FINANCIAL STATEMENTS AS WELL AS ANNUAL RETURNS ARE POSTED ON OUR WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST 164,552. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.