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Community Development : Community Foundations

Parasol Tahoe Community Foundation

Building prosperity through leadership, partnership and philanthropy

99.96

948 Incline Way Incline Village, NV 89451
tel: (775) 298-0100   Web Site
EIN: 88-0362053

Board Leadership
David Hardie
Chairman

CEO
Claudia Andersen
CEO

  Score
(out of 100)
Rating
Overall Score & Rating 99.96
  Financial 99.95
  Accountability & Transparency 100.00
This rating was published 07/01/2016 and includes data from FY2015, the most recent 990 received at that time.

Learn more about how we calculate the overall score and rating.

Financial

99.95

Accountability & Transparency

100.00

This rating was published 07/01/2016 and includes data from FY2015, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity’s total expenses spent on the programs
and services it delivers)
91.8%
  Administrative Expenses 6.1%
  Fundraising Expenses 2.0%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 7.00
  Program Expenses Growth 10.9%
  Liabilities to Assets 0.9%
All data for Financial Performance Metrics calculations was provided by Parasol Tahoe Community Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Parasol Tahoe Community Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Parasol Tahoe Community Foundation (NV) 99.96
Hampton Roads Community Foundation (VA) 95.10
Greater Milwaukee Foundation (WI) 96.58
The San Diego Foundation (CA) 90.00
Community Foundation of New Jersey (NJ) 98.23

Compare These Charities (Highly Rated)

Parasol Tahoe Community Foundation was founded in 1996 to be a unique foundation that serves the Lake Tahoe community by promoting philanthropy and non-profit collaboration. We exist not to support a single organization, but to address the broadest range of charitable issues by building a perpetual source of community capital. We manage charitable funds for individuals, families, businesses and organizations that turn to us to help fulfill their philanthropic intent. The Parasol Tahoe Community Foundation (PTCF) provides leadership in the Lake Tahoe Basin as an effective, independent arena for addressing difficult issues and advocating for needed programs, services or policies.

REVENUE  
Contributions  
   Contributions, Gifts & Grants $5,072,631
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $298,310
   Related Organizations $0
   Government Grants $150,148
Total Contributions $5,521,089
   Program Service Revenue $213,644
Total Primary Revenue $5,734,733
   Other Revenue $1,653,619
TOTAL REVENUE $7,388,352
   
EXPENSES  
   Program Expenses $4,949,477
   Administrative Expenses $428,480
   Fundraising Expenses $137,019
TOTAL FUNCTIONAL EXPENSES $5,514,976
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,873,376
   
Net Assets $65,117,572

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Donor Services $4,119,636 83.2%
Donald W. Reynolds Community Non-Profit Center $541,701 10.9%
Americorps $288,140 5.8%

Ratings History
Parasol Tahoe Community Foundation has received 5 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2015-06 07/01/2016 99.96
2014-06 06/01/2016 99.96
 
CN 2.0
2014-06 09/01/2015 99.32
2013-06 07/01/2014 97.80
2012-06 09/01/2013 98.47
2011-06 11/06/2012 93.87
2011-06 06/01/2012 93.25
2010-06 09/20/2011 86.15
 
CN 1.0
2009-06 08/01/2010 91.98
2008-06 10/01/2009 89.17
2007-06 11/01/2008 99.32
2006-06 06/01/2008 93.56
2005-06 04/01/2006 76.33
2004-06 05/01/2005 88.92
2003-06 08/01/2004 67.63
2002-06 08/01/2003 86.17
2001-06 02/05/2003 76.16

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 88-0362053
Name in IRS Master File THE PARASOL TAHOE COMMUNITY FOUNDATION INC
NTEE Code B12
NTEE Classification Fund Raising and/or Fund Distribution
NTEE Type Educational Institutions and Related Activities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (994) Described in section 170(b)1)(a)(vi) of the Code
(352) Land acquisition for preservation
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date September, 1996
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2015
  • June, 2015
  • June, 2014
  • June, 2013
  • June, 2012

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

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Compensation % of Expenses Paid to Title
$146,110 2.64% Claudia Andersen Chief Executive Officer

Parasol Tahoe Community Foundation was founded in 1996 to be a unique foundation that serves the Lake Tahoe community by promoting philanthropy and non-profit collaboration. We exist not to support a single organization, but to address the broadest range of charitable issues by building a perpetual source of community capital. We manage charitable funds for individuals, families, businesses and organizations that turn to us to help fulfill their philanthropic intent. The Parasol Tahoe Community Foundation (PTCF) provides leadership in the Lake Tahoe Basin as an effective, independent arena for addressing difficult issues and advocating for needed programs, services or policies.

Highly Rated

Charity Name & State Overall Score Overall Rating
Parasol Tahoe Community Foundation (NV) 99.96
The Pittsburgh Foundation (PA) 86.18
East Bay Community Foundation (CA) 96.42
The Community Foundation for Northeast Florida (FL) 96.46
The Community Foundation of Western North Carolina (NC) 91.12

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Parasol Tahoe Community Foundation
948 Incline Way
Incline Village, NV 89451
tel: (775) 298-0100
fax: (775) 298-0099
EIN: 88-0362053

Visit Web Site

Board Leadership

David Hardie
Chairman

CEO

Claudia Andersen
CEO

[ X ]

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