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Nonprofit · EIN 94-6121953

CABRILLO COLLEGE FOUNDATION

Tax-exempt · APTOS, CA 95003

Financials

$7.4M$4.9M2022$10.3M$5M2023$10.7M$5.4M2024
Revenue Expenses · by fiscal year end
Financials of CABRILLO COLLEGE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$10,676,831$5,365,616$5,311,215$63,099,345$2,876,265$60,223,080
June 30, 2024990$10,338,799$5,004,452$5,334,347$56,395,509$3,009,203$53,386,306
June 30, 2023990$7,404,860$4,913,236$2,491,624$46,014,680$3,064,221$42,950,459
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$6,262,291
Program service revenue
$941,573
Investment income
$3,480,153
Net gain from sales of assets
$2,076,725
Net income from fundraising events
-$8,405
Other revenue
-$7,186

Expenses

Grants and similar amounts paid
$3,122,006
Compensation of officers, directors and key employees
$268,660
Other salaries and wages
$455,629
Salaries, compensation and benefits (total)
$1,014,503
Professional fundraising fees
$0
Program services (functional)
$3,691,692
Management and general (functional)
$1,353,724
Fundraising (functional)
$320,200

Balance sheet and other

Total assets, start of year
$56,395,509
Total assets, end of year
$63,099,345
Total liabilities, end of year
$2,876,265
Net assets, end of year
$60,223,080
Publicly traded securities
$58,344,167
Net assets without donor restrictions
$3,598,230
Net assets with donor restrictions
$56,624,850
Gross receipts
$26,626,995
Employees
10
Volunteers
138
Year formed
1965
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Matt WetsteinPresident
Trustee or director
5$0$335,561$94,172
Blanca Baltazar-SabbahDirector
Trustee or director
2$0$225,078$84,920
Travaris HarrisDirector
Trustee or director
2$0$237,551$51,950
Eileen HillExecutive DIrector40$204,691$0$63,969
Kristin WilsonDirector
Trustee or director
2$0$184,159$75,234
Calvin YuVP of Admin
Trustee or director, Officer
5$0$71,009$27,683
Ed NewmanPresident
Trustee or director, Officer
5$0$0$0
Michele BassiVice President
Trustee or director, Officer
5$0$0$0
Julie ThiebautSecretary
Trustee or director, Officer
5$0$0$0
Rachel WedeenPast President
Trustee or director
2$0$0$0
Karen CogswellCFO
Trustee or director, Officer
5$0$0$0
Rob AllenDirector
Trustee or director
2$0$0$0
Pegi ArdDirector
Trustee or director
2$0$0$0
Kathryn CowanDirector
Trustee or director
2$0$0$0
Sesario EscotoDirector
Trustee or director
2$0$0$0
16 more people on this return
NameTitleHours / weekCompensation
Jan FurmanDirector
Trustee or director
2$0
Diane KoenigDirector
Trustee or director
2$0
Vance Landis-CareyDirector
Trustee or director
2$0
Rick Li Fo SjoeDirector
Trustee or director
2$0
Claire BiancalanaDirector
Trustee or director
2$0
Erica OwDirector
Trustee or director
2$0
Cory RayDirector
Trustee or director
2$0
Dan RothwellDirector
Trustee or director
2$0
Spencer RussellDirector
Trustee or director
2$0
Ron SekkelDirector
Trustee or director
2$0
Karen SemingsonDirector
Trustee or director
2$0
Rachael SpencerDirector
Trustee or director
2$0
Trevor StrudleyDirector
Trustee or director
2$0
Donna ZielDirector
Trustee or director
2$0
Freny CooperDirector
Trustee or director
2$0
Omar Gonzalez-BenitezDirector
Trustee or director
2$0
990 for the year ended June 30, 2024: 31 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Matt WetsteinPresident
Trustee or director
5$0$329,568$95,622
Bradley OlinVP of Admin
Trustee or director
5$0$239,051$112,419
Amy Lehman-SextonDirector
Trustee or director
2$0$240,095$47,617
Travaris HarrisDirector
Trustee or director
2$0$227,966$53,076
Eileen HillExecutive DIrector40$195,319$0$59,629
Kristin WilsonDirector
Trustee or director
2$0$173,716$73,905
Rachel WedeenPresident
Trustee or director, Officer
5$0$0$0
Edward NewmanVice President
Trustee or director, Officer
5$0$0$0
Pegi ArdCFO
Trustee or director, Officer
5$0$0$0
Michelle BassiSecretary
Trustee or director, Officer
5$0$0$0
Patty QuillinPast President
Trustee or director
2$0$0$0
Rob AllenDirector
Trustee or director
2$0$0$0
Karen CogswellDirector
Trustee or director
2$0$0$0
Kathryn CowanDirector
Trustee or director
2$0$0$0
Sesario EscotoDirector
Trustee or director
2$0$0$0
Jan FurmanDirector
Trustee or director
2$0$0$0
Diane KoenigDirector
Trustee or director
2$0$0$0
Vance Landis-CareyDirector
Trustee or director
2$0$0$0
Rick Li Fo SjoeDirector
Trustee or director
2$0$0$0
Rene MendezDirector
Trustee or director
2$0$0$0
Erica OwDirector
Trustee or director
2$0$0$0
Cory RayDirector
Trustee or director
2$0$0$0
Dan RothwellDirector
Trustee or director
2$0$0$0
Spencer RussellDirector
Trustee or director
2$0$0$0
Ron SekkelDirector
Trustee or director
2$0$0$0
Karen SemingsonDirector
Trustee or director
2$0$0$0
Rachael SpencerDirector
Trustee or director
2$0$0$0
Trevor StrudleyDirector
Trustee or director
2$0$0$0
Kate TerrellDirector
Trustee or director
2$0$0$0
Julie ThiebautDirector
Trustee or director
2$0$0$0
Donna ZielDirector
Trustee or director
2$0$0$0
990 for the year ended June 30, 2023: 29 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Matt WetsteinAsst. Secretary
Trustee or director, Officer
5$0$287,065$77,967
Bradley OlinAsst. Treasurer
Trustee or director, Officer
5$0$212,391$88,634
Robin McFarlandDirector
Trustee or director
2$0$212,897$74,359
Amy Lehman-SextonDirector
Trustee or director
2$0$215,239$51,463
Eileen HillExecutive DIrector40$0$176,211$53,606
Kristin WilsonDirector
Trustee or director
2$0$130,491$59,236
Patty QuillinPresident
Trustee or director, Officer
2$0$0$0
Maria Esther RodriguezDirector
Trustee or director
2$0$0$0
Gun RuderPAST PRESIDENT
Trustee or director, Officer
2$0$0$0
Kate TerrellDirector
Trustee or director
2$0$0$0
Rob AllenDirector
Trustee or director
2$0$0$0
Karen SemingsonDirector
Trustee or director
2$0$0$0
Rachel WeedenVice President
Trustee or director, Officer
5$0$0$0
Pegi ArdCFO
Trustee or director, Officer
5$0$0$0
Michele BassiDirector
Trustee or director
2$0$0$0
Ed NewmanSecretary
Trustee or director, Officer
5$0$0$0
Erica OwDirector
Trustee or director
2$0$0$0
Trevor StrudleyDirector
Trustee or director
2$0$0$0
Julie ThiebautDirector
Trustee or director
2$0$0$0
Karen CogswellDirector
Trustee or director
2$0$0$0
Kathy CowanDirector
Trustee or director
2$0$0$0
Cory RayDirector
Trustee or director
2$0$0$0
Sesario EscotoDirector
Trustee or director
2$0$0$0
Diane KoenigDirector
Trustee or director
2$0$0$0
Vance Landis-CareyDirector
Trustee or director
2$0$0$0
Ron SekkelDirector
Trustee or director
2$0$0$0
Rachael SpencerTrustee
Trustee or director
2$0$0$0
Donna ZielTrustee
Trustee or director
2$0$0$0
Dan RothwellTrustee
Trustee or director
2$0$0$0

Address and contacts

Address (IRS master file)
6500 SOQUEL DR, APTOS, CA 95003-3119
Principal officer (990 for 2024)
Michele Bassi, 6500 Soquel Drive, Aptos, CA 95003
Signed the 990
Michele Bassi, President
Phone
(831) 479-6338
Return prepared by
CWDL CPAs

California records

California keeps its own records of charities and corporations. Search them by EIN 94-6121953 or by the name CABRILLO COLLEGE FOUNDATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

To provide private support for student scholarships, emergency financial support to increase student success, innovative mentoring, and support for youth to attend college and support for academic programs and facilities.

990 for the year ended June 30, 2025

Program accomplishments

  • Donations to Cabrillo College Foundation are investments in the human potential of our students and the wider community we serve. The Cabrillo College Foundation helps by providing student support at every level. Faculty Innovation support faculty who innovate ways to improve the classroom experience. Cabrillo Advancement Program: From middle school and continuing through high school, CAP students receive tutoring, counseling and activities that help them see college as a real choice. Tutoring: we support peer to peer tutoring for greater student success. Student Support Services: for special populations such as veterans and former foster youth. The foundation also provides support to over 100 college programs such as engineering, nursing, visual and performing arts, athletics, and the Stroke Center.
    Expenses $2,003,375 · grants $1,654,954
  • Scholarships - Cabrillo is designed to give students an on-ramp to post-secondary education - an education that provides potential to build a better life. The Cabrillo College Foundation helps by easing the financial barrier to attend college. We awarded $1,594,478 in scholarships to help students make ends meet. Through our Women's Educational Success program, we put up to $1,000 in the hands of students with an unexpected expense usually in a few days!
    Expenses $1,688,317 · grants $1,467,052

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
94-6121953
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1966
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B11)
Assets (IRS master file)
$63,099,345
Income (IRS master file)
$26,626,995

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$10,676,831$5,365,616$63,099,345IRS
990June 2024$10,338,799$5,004,452$56,395,509XML
990June 2023$7,404,860$4,913,236$46,014,680XML
990June 2022$7,384,911$4,278,102$43,230,255IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 94-6121953).

Questions about CABRILLO COLLEGE FOUNDATION

What is the EIN of CABRILLO COLLEGE FOUNDATION?
The employer identification number (EIN) of CABRILLO COLLEGE FOUNDATION is 94-6121953.
Is CABRILLO COLLEGE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1966.
Are donations to CABRILLO COLLEGE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CABRILLO COLLEGE FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CABRILLO COLLEGE FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CABRILLO COLLEGE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of CABRILLO COLLEGE FOUNDATION?
The 990 for the year ended June 30, 2025 names Michele Bassi.
Who are the officers and directors of CABRILLO COLLEGE FOUNDATION?
The 990 for the year ended June 30, 2025 lists 31 people; 1 received compensation from the organization.
How much revenue does CABRILLO COLLEGE FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $10,676,831, expenses of $5,365,616 and total assets of $63,099,345 at year end.

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