Midpen Resident Services Corporation is a 501(c)(3) organization based in Foster City, California, registered in 2002, with $12,242,957 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$12.2M
▼ 40.4% vs prior year
Housing median: $408K
Expenses (FY2023)
$13.0M
Net assets
$11.2M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Midpen Resident Services Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Midpen Resident Services Corporation: 10 mo reserves · -6% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Midpen Resident Services Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Midpen Resident Services Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $5.4M (FY2013) to $12.2M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-6.4%
Spent more than it raised in the latest fiscal year.
Total assets
$12.9M
Total liabilities
$1.7M
Net assets
$11.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $12,242,957▼40.4% | $13,029,273▲19.1% | $11,164,465▼6.6% | $12,899,653▼4.7% | 990 |
| 2022 | $20,548,249▲80.1% | $10,941,083▲13.1% | $11,950,781▲410% | $13,540,749▲266% | 990 |
| 2021 | $11,407,168▲22.4% | $9,677,951▲10.2% | $2,343,615▲281% | $3,702,334▲19.5% | 990 |
| 2020 | $9,317,578▲14.8% | $8,782,682▲8.6% | $614,398▲673% | $3,098,347▲179% | 990 |
| 2019 | $8,116,370▲11.3% | $8,087,550▲10.1% | $79,502▲56.9% | $1,109,998▲1.3% | 990 |
| 2018 | $7,295,075▲9.1% | $7,346,252▲10.2% | $50,682▼50.2% | $1,096,208▲10.1% | 990 |
| 2017 | $6,683,647▲5.0% | $6,664,287▲6.7% | $101,859▲23.5% | $995,771▲31.9% | 990 |
| 2016 | $6,365,596▲5.4% | $6,244,348▲4.4% | $82,499▲313% | $754,702▲38.0% | 990 |
| 2015 | $6,040,164▲7.5% | $5,978,744▲6.4% | -$38,749▲61.3% | $546,981▲45.0% | 990 |
| 2014 | $5,619,575▲4.6% | $5,618,852▼0.5% | -$100,169▲0.7% | $377,304▼9.7% | 990 |
| 2013 | $5,373,684 | $5,647,834▲18.8% | -$100,892▼158% | $417,964▼55.8% | 990 |
| 2012 | — | $4,752,136▲34.2% | $173,258▲80.6% | $945,802▲124% | 990 |
| 2011 | — | $3,539,993 | $95,911 | $421,370 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
32 grants to Midpen Resident Services Corporation totaling $12.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Midpen Housing Corporation | For acap fund $60k and midway donation $42k | 2023 | $101,667 |
| Midpen Housing Corporation | Related to hud grant (moon gate) | 2023 | $85,480 |
| Midpen Housing Corporation | For impact fund donation | 2022 | $10,000,000 |
| Midpen Housing Corporation | For acap fund $60k and midway donation $100k | 2022 | $160,000 |
| Midpen Housing Corporation | Related to hud grant (moon gate) | 2022 | $85,480 |
| Network For Good Inc | Unrestricted | 2022 | $7,540 |
| Midpen Housing Corporation | Related to cif grant | 2021 | $150,000 |
| Midpen Housing Corporation | Related to midway project | 2021 | $100,000 |
| Midpen Housing Corporation | Related to hud grant (moon gate) | 2021 | $79,594 |
| Midpen Housing Corporation | Acap grant | 2021 | $60,000 |
| Midpen Housing Corporation | Related to resident resiliency fund | 2020 | $341,200 |
| Midpen Housing Corporation | Related to midway project | 2020 | $100,000 |
| Midpen Housing Corporation | Acap grant | 2020 | $60,000 |
| Midpen Housing Corporation | Related to hud grant (moon gate) | 2020 | $45,846 |
| Midpen Housing Corporation | Related to rrheap grant | 2020 | $27,684 |
Explore more
Data for Midpen Resident Services Corporation (EIN 91-2090479) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.