FOUNDATION FOR A COLLEGE EDUCATION Charity Report

Public IRS 990 nonprofit record

FOUNDATION FOR A COLLEGE EDUCATION

EIN 77-0401635 · Educational Services (B90)

What they do

FCES MISSION is to INCREASE THE NUMBER of FIRST-GENERATION, LOW-INCOME STUDENTS of COLOR FROM EAST PALO ALTO, CA and SURROUNDING COMMUNITIES WHO GRADUATE WITH A DEGREE FROM A FOUR-YEAR COLLEGE or UNIVERSITY. FCE WAS FOUNDED OUT of A DESIRE to IMPROVE THE SOCIAL and ECONCOMIC CONDITIONS of EAST PALO RESIDENTS. FCES BELIEF WAS EDUCATION is A POWREFUL TOOL for THE INDIVIDUAL, FAMILY and COMMUNITY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $68.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders23 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

69.10%of revenue went to mission work68.9% of expenses · Program services

11.59%of revenue went to fundraising11.5% of expenses

$100.34spent for every $100 of revenueSpending was higher than revenue this year.

19.65%of revenue went to management and office costs19.6% of expenses

$2.73in assets for every $1 spent this yearSome assets cannot be spent right away.

46.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $6,405 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $180,200 for ELIZABETH WELLS (EXEC DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,881,796

Mission workProgram services$1,300,37569.10% of revenue68.9% of expenses

ManagementOffice and general costs$369,77019.65% of revenue19.6% of expenses

FundraisingAsking for donations$218,05611.59% of revenue11.5% of expenses

Total expenses$1,888,201100.34% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 68.9% mission · 19.6% management · 11.5% fundraisingTotal expenses: 100.34% of revenue

2023Expense mix: 54.1% mission · 32.1% management · 13.8% fundraisingTotal expenses: 52.36% of revenue

2022Expense mix: 58.0% mission · 22.6% management · 19.5% fundraisingTotal expenses: 91.41% of revenue

2021Expense mix: 53.7% mission · 30.8% management · 15.4% fundraisingTotal expenses: 88.27% of revenue

2020Expense mix: 61.1% mission · 21.1% management · 17.8% fundraisingTotal expenses: 92.12% of revenue

2019Expense mix: 56.2% mission · 24.1% management · 19.7% fundraisingTotal expenses: 111.09% of revenue

2018Expense mix: 70.0% mission · 13.1% management · 16.9% fundraisingTotal expenses: 111.05% of revenue

2017Expense mix: 66.5% mission · 13.9% management · 19.6% fundraisingTotal expenses: 62.35% of revenue

Money in and money out

Revenue$1,881,796

Expenses$1,888,201

Annual shortfall $6,405 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,300,375 · 68.9% of expenses

Management and office costs$369,770 · 19.6% of expenses

Fundraising$218,056 · 11.5% of expenses

See all reported dollar amounts

Revenue$1,881,796

Expenses$1,888,201

Assets$5,149,797

Income$1,939,881

Contributions$870,875

Mission work (program services)$1,300,375

Fundraising$218,056

Management and general$369,770

Executive compensation (total)$202,094

Stocks and bonds$2,779,424

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ELIZABETH WELLSEXEC DIRECTOR · 40 hrs/week $180,200

ASRA HUSSAINEMPLOYEE · 40 hrs/week $115,525

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (23)

ELIZABETH WELLSEXEC DIRECTOR

ASRA HUSSAINEMPLOYEE

JOYCE LATU-FAHAMOKIOABOARD MEMBER

SHELLY WILLIGBOARD MEMBER

SCOTT TAYLORBOARD MEMBER

RACHEL BOYCEBOARD MEMBER

PAUL J COLLINSBOARD MEMBER

PAUL RESNICKTREASURER

NICOLE RUBINBOARD MEMBER

NADIA JOHNSONSECRETARY

MARY PISHNYBOARD MEMBER

MARISSA MCGEEBOARD MEMBER

LEILA JERECHAIRMAN

LEIGH WINTER MARTINBOARD MEMBER

JOSE GUTIERREZBOARD MEMBER

JILL PARKERBOARD MEMBER

JANICE BRODYBOARD MEMBER

EVAN WARNERBOARD MEMBER

ERIC RICHERTBOARD MEMBER

DONNA CHANDRADIR OF DEVELOPMENT

DEVIN GAINESVICE CHAIR

CHRIS OWUSUBOARD MEMBER

CHRIS ANDREWSBOARD MEMBER

About this charity

Recognized since: January 1995
Location: 687 BAY RD, MENLO PARK, CA 94025-2359
County: San Mateo
In care of: ELIZABETH WELLS
Primary officer: ELIZABETH WELLS, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(650) 322-5048

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: NOVOGRADAC & COMANY LLP
NTEE classification: Educational Services (B90)
IRS tax category: Educational Services