Metta Fund

San Francisco, CA
Tax-exempt since May 1986
EIN: 94-2992640

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$4.52M (2024)

Expenses

$7.25M (2024)

Total Assets

$72.3M (2024)

Total Liabilities

$4.41M (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$4,517,908

Expenses

$7,246,787

Net Income

-$2,728,879

Net Assets

$67,870,327

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$3,015,149	66.7%
Sales of Assets	$1,502,759	33.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$4,246,165	58.6%
Compensation of Officers*	$518,037	7.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$72,278,914
Total Liabilities	$4,408,587
Net Assets	$67,870,327

Compensation

Key Employees and Officers	Compensation	Other
Janet Y Spears (Chief Executive Officer)	$369,837	$20,700
R Espinoza (Director Of Program)	$198,406	$12,084
B Garcia (Director Of Administ)	$181,473	$11,026
A Karrer (Senior Director Of C)	$177,818	$10,669
C Collen (Senior Program And G)	$164,281	$9,905
H Huynh (Controller)	$116,096	$7,158
Jarmin Yeh (Board Chair, Director)	$22,500	$0
Roma Guy (Secretary, Director)	$22,500	$0
Kimberly Brandon (Treasurer, Director)	$22,500	$0
Sonia Melara (Director)	$22,500	$0
Thurman White (Director)	$15,000	$0
Debra Plousha Moore (Director)	$15,000	$0
James Loyce (Director)	$7,500	$0
John Woodward (Vice Chair, Director)	$0	$0

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990-PF

Filed on June 25, 2025

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2023

Revenue

$3,765,530

Expenses

$6,111,824

Net Income

-$2,346,294

Net Assets

$68,313,016

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$2,293,464	60.9%
Sales of Assets	$1,472,066	39.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$4,276,036	70.0%
Compensation of Officers*	$501,514	8.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$71,673,019
Total Liabilities	$3,360,003
Net Assets	$68,313,016

Compensation

Key Employees and Officers	Compensation	Other
Janet Y Spears (Chief Executive Officer)	$344,214	$19,800
R Espinoza (Director Of Program)	$189,330	$11,540
B Garcia (Director Of Administ)	$178,641	$10,890
A Karrer (Senior Director Of C)	$160,577	$9,365
C Collen (Senior Program And G)	$154,478	$9,317
H Huynh (Controller)	$135,403	$8,307
Kimberly Brandon (Chair & Director)	$25,000	$0
Roma Guy (Secretary & Director)	$25,000	$0
James Loyce (Director)	$25,000	$0
Sonia Melara (Director)	$25,000	$0
Jarmin Yeh (Director)	$25,000	$0
Joe Hafey (Vice Chair & Director (Until 06/23))	$12,500	$0
John Woodward (Treasurer & Director)	$0	$0

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990-PF

Filed on Aug. 7, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2022

Revenue

$3,735,271

Expenses

$5,935,085

Net Income

-$2,199,814

Net Assets

$64,181,466

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$2,697,381	72.2%
Sales of Assets	$1,037,890	27.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$4,410,962	74.3%
Compensation of Officers*	$451,774	7.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$67,495,499
Total Liabilities	$3,314,033
Net Assets	$64,181,466

Compensation

Key Employees and Officers	Compensation	Other
Janet Y Spears (Chief Executive Officer)	$286,774	$17,314
R Espinoza (Director Of Program)	$171,168	$10,390
B Garcia (Director Of Administ)	$165,524	$10,069
C Collen (Senior Program And G)	$139,172	$8,398
A Karrer (Director Of Communic)	$133,017	$7,981
H Huynh (Controller)	$120,862	$7,372
Kimberly Brandon (Chair & Director)	$27,500	$0
Joe Hafey (Vice Chair & Director)	$27,500	$0
Roma Guy (Secretary & Director)	$27,500	$0
James Loyce (Director)	$27,500	$0
Sonia Melara (Director)	$27,500	$0
Jarmin Yeh (Director)	$27,500	$0
John Woodward (Treasurer & Director)	$0	$0

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990-PF

Filed on July 13, 2023

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2021

Revenue

$6,997,012

Expenses

$4,738,091

Net Income

$2,258,921

Net Assets

$83,421,989

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$3,832,810	54.8%
Sales of Assets	$3,164,202	45.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,839,111	81.0%
Compensation of Officers*	$451,500	9.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$84,416,735
Total Liabilities	$994,746
Net Assets	$83,421,989

Compensation

Key Employees and Officers	Compensation	Other
Janet Y Spears (Ceo)	$271,500	$16,410
R Espinoza (Director Of Program)	$166,165	$10,078
B Garcia (Director Of Administ)	$164,600	$9,978
C Collen (Senior Program And G)	$134,179	$8,099
A Karrer (Director Of Commuica)	$119,878	$7,193
H Huynh (Controller)	$112,504	$6,864
Kimberly Brandon (Chair & Director)	$30,000	$0
Roma Guy (Secretary & Director)	$30,000	$0
Joe Hafey (Vice Chair & Director)	$30,000	$0
Jarmin Yeh (Director)	$30,000	$0
James Loyce (Director)	$30,000	$0
Sonia Melara (Director)	$30,000	$0
John Woodward (Treasurer & Director)	$0	$0

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990-PF

Filed on June 29, 2022

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2020

Revenue

$4,825,520

Expenses

$4,683,366

Net Income

$142,154

Net Assets

$77,344,710

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$2,604,671	54.0%
Sales of Assets	$2,115,941	43.8%
Other Income	$104,908	2.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,741,303	79.9%
Compensation of Officers*	$509,124	10.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$78,325,664
Total Liabilities	$980,954
Net Assets	$77,344,710

Compensation

Key Employees and Officers	Compensation	Other
Janet Y Spears (Ceo)	$270,624	$16,345
B Garcia (Director Of Administ)	$167,810	$10,234
C Collen (Program And Grants O)	$144,722	$8,731
A Karrer (Director Of Commuica)	$108,418	$6,505
H Huynh (Accountant)	$108,377	$6,581
R Espinoza (Director Of Program)	$53,328	$3,230
Joe Hafey (Vice Chair & Director)	$36,000	$0
Kimberly Brandon (Chair & Director)	$34,500	$0
Sonia Melara (Director)	$34,500	$0
John Woodward (Treasurer & Director)	$34,500	$0
Roma Guy (Secretary & Director)	$33,000	$0
Jarmin Yeh (Director)	$33,000	$0
James Loyce (Director)	$33,000	$0

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990-PF

Filed on July 23, 2021

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2019

Revenue

$3,593,217

Expenses

$5,070,208

Net Income

-$1,476,991

Net Assets

$71,176,104

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$2,657,330	74.0%
Sales of Assets	$934,656	26.0%
Other Income	$1,231	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,904,885	77.0%
Compensation of Officers*	$513,901	10.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$72,352,671
Total Liabilities	$1,176,567
Net Assets	$71,176,104

Compensation

Key Employees and Officers	Compensation	Other
Janet Y Spears (Ceo)	$258,070	$15,592
B Garcia (Director Of Administ)	$165,033	$10,064
S Iyer (Chief Program & Eval)	$146,934	$8,816
C Collen (Program And Grants O)	$122,146	$7,377
H Huynh (Accountant)	$97,101	$5,883
A Karrer (Director Of Commuica)	$82,776	$4,863
James Loyce (Chair & Director)	$39,333	$0
Kimberly Brandon (Vice Chair, Secretary & Director)	$36,833	$0
Joe Hafey (Director)	$36,833	$0
Roma Guy (Director)	$34,833	$0
John Woodward (Treasurer & Director)	$34,833	$0
Sonia Melara (Director)	$23,333	$0
Jarmin Yeh (Director)	$23,333	$0
Sandra Mori Termed Off April 2019 (Director)	$13,500	$0
Beverly Hayon Termed Off April 2019 (Director)	$13,000	$0

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990-PF

Filed on July 23, 2020

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2018

Revenue

$4,089,499

Expenses

$5,452,036

Net Income

-$1,362,537

Net Assets

$62,011,886

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$2,923,262	71.5%
Sales of Assets	$1,046,184	25.6%
Other Income	$120,053	2.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,781,424	69.4%
Compensation of Officers*	$492,279	9.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$63,369,575
Total Liabilities	$1,357,689
Net Assets	$62,011,886

Compensation

Key Employees and Officers	Compensation	Other
Janet Y Spears (Ceo)	$250,279	$15,077
B Garcia (Director Of Administ)	$159,960	$9,754
S Iyer (Director Of Program)	$149,532	$8,972
C Collen (Program Officer)	$111,377	$6,730
H Huynh (Accountant)	$90,155	$5,466
Sandra Mori (Secretary & Director)	$41,500	$0
Joe Hafey (Director)	$41,500	$0
James Loyce (Chair & Director)	$41,000	$0
Beverly Hayon (Vice Chair & Director)	$39,000	$0
John Woodward (Director)	$27,500	$0
Roma Guy (Director)	$25,000	$0
Robert Reed (Director)	$15,000	$0
H Marcia Smolens (Director)	$11,500	$0
Kimberly Brandon (Treasurer & Director)	$0	$0

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990-PF

Filed on July 3, 2019

Primary tax return for a private foundation's activities, finances, and governance

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Fiscal Year Ending Dec.
2017

Revenue

$3,011,337

Expenses

$5,207,763

Net Income

-$2,196,426

Net Assets

$72,469,991

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$1,993,262	66.2%
Sales of Assets	$704,708	23.4%
Other Income	$313,367	10.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,562,256	68.4%
Compensation of Officers*	$490,416	9.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$73,356,828
Total Liabilities	$886,837
Net Assets	$72,469,991

Compensation

Key Employees and Officers	Compensation	Other
Janet Spears (Ceo)	$237,916	$4,902
B Garcia (Director Of Administ)	$165,776	$5,000
S Iyer (Director Of Program)	$150,021	$5,000
C Collen (Program Officer)	$110,762	$5,000
H Huynh (Accountant)	$89,129	$5,000
James Loyce (Chair & Director)	$44,000	$0
Robert Reed (Director, Treasurer To April 2017)	$43,500	$0
Joe Hafey (Director)	$43,000	$0
Sandra Mori (Secretary & Director)	$42,000	$0
H Marcia Smolens (Director, Chair To April 2017)	$41,500	$0
Beverly Hayon (Vice Chair & Director)	$38,500	$0
Kimberly Brandon (Treasurer & Director)	$0	$0

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990-PF

Filed on July 16, 2018

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2016

Revenue

$2,334,243

Expenses

$5,217,790

Net Income

-$2,883,547

Net Assets

$64,439,204

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1,311	0.1%
Dividends	$2,153,514	92.3%
Sales of Assets	$140,095	6.0%
Other Income	$39,323	1.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$4,012,906	76.9%
Compensation of Officers*	$509,096	9.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$64,656,771
Total Liabilities	$217,567
Net Assets	$64,439,204

Compensation

Key Employees and Officers	Compensation	Other
Ann Lazarus (Interim Executive Director)	$250,096	$0
B Garcia (Director Of Administ)	$157,221	$5,000
S Iyer (Director Of Program)	$138,788	$5,000
C Collen (Program Officer)	$105,560	$5,000
H Huynh (Accountant)	$83,992	$2,502
H Marcia Smolens (Chair & Director)	$44,500	$0
Joe Hafey (Director)	$44,500	$0
Robert Reed (Treasurer & Director)	$44,000	$0
Beverly Hayon (Director)	$42,000	$0
Sandra Mori (Secretary & Director)	$42,000	$0
James Loyce (Vice Chair & Director)	$42,000	$0
Kimberly Brandon (Director)	$0	$0

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990-PF

Filed on July 18, 2017

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2015

Revenue

$3,460,238

Expenses

$6,876,265

Net Income

-$3,416,027

Net Assets

$66,195,676

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$4,538	0.1%
Dividends	$1,960,180	56.6%
Sales of Assets	$1,495,437	43.2%
Other Income	$83	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$4,605,594	67.0%
Compensation of Officers*	$639,017	9.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$66,350,852
Total Liabilities	$155,176
Net Assets	$66,195,676

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Revenue

$8,414,417

Expenses

$6,033,353

Net Income

$2,381,064

Net Assets

$74,314,022

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$6,946	0.1%
Dividends	$2,374,467	28.2%
Sales of Assets	$5,998,382	71.3%
Other Income	$34,622	0.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$4,640,415	76.9%
Compensation of Officers*	$681,917	11.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$74,399,208
Total Liabilities	$85,186
Net Assets	$74,314,022

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$7,390,269

Expenses

$7,572,288

Net Income

-$182,019

Net Assets

$77,163,809

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$372,470	5.0%
Dividends	$1,734,393	23.5%
Sales of Assets	$4,283,406	58.0%
Other Income	$1,000,000	13.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$6,258,119	82.6%
Compensation of Officers*	$696,700	9.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$77,250,496
Total Liabilities	$86,687
Net Assets	$77,163,809

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$6,029,950

Expenses

$7,861,513

Net Income

-$1,831,563

Net Assets

$67,279,317

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$8,462	0.1%
Dividends	$2,137,883	35.5%
Sales of Assets	$3,519,997	58.4%
Other Income	$363,608	6.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$6,601,631	84.0%
Compensation of Officers*	$711,050	9.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$67,371,404
Total Liabilities	$92,087
Net Assets	$67,279,317

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$7,546,642

Expenses

$7,963,137

Net Income

-$416,495

Net Assets

$69,105,224

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$3,715	0.0%
Dividends	$3,298,772	43.7%
Sales of Assets	$2,195,763	29.1%
Other Income	$2,048,392	27.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$6,709,692	84.3%
Compensation of Officers*	$713,465	9.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$69,165,936
Total Liabilities	$60,712
Net Assets	$69,105,224

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Metta Fund

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $4.52M (2024)

Expenses $7.25M (2024)

Total Assets $72.3M (2024)

Total Liabilities $4.41M (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2012

Revenue

$4.52M (2024)

Expenses

$7.25M (2024)

Total Assets

$72.3M (2024)

Total Liabilities

$4.41M (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001