Menlo Atherton High School Foundation For The Future
- Assets
- $4.5m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 1
- Location
- Menlo Park, CA
- Founding
- 06/2008
- Data as of
- 07/2024
- EIN
- 26-0820369
Organization Overview
Menlo Atherton High School Foundation For The Future is located in Menlo Park, CA. The organization was established in 2008. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Menlo Atherton High School Foundation For The Future is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2024, Menlo Atherton High School Foundation For The Future generated $2.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $2.1m during the year ending 07/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
RAISE FUNDS TO SUPPORT EXCELLENCE IN EDUCATION AT MENLO-ATHERTON HIGH SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION GRANTS FUNDS TO ENSURE SMALLER CLASS SIZES AND OTHER CRITICAL PROGRAMS INCLUDING THE HOMEWORK AND WRITING CENTER, COUNSELORS, MENTAL HEALTH SUPPORTS, AND PROFESSIONAL DEVELOPMENT FOR TEACHERS. PROGRAMS FUNDED BENEFIT EACH AND EVERY M-A STUDENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Clark Executive Committee, Vice President | Trustee | 2 | $0 |
Jennifer Roberts Executive Committee, Treasurer | Trustee | 5 | $0 |
Stephie Johnson Executive Committee, Secretary | Trustee | 2 | $0 |
Lena Chane Executive Committee, Co-President | Trustee | 2 | $0 |
Sara Leslie Executive Committee, Co-President | Trustee | 2 | $0 |
Celine Sanie Executive Committee, Annual Campaign Chair | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $144,018 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,173,946 |
| Noncash contributions included in lines 1a–1f | $109,433 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,317,964 |
| Total Program Service Revenue | $0 |
| Investment income | $118,763 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $17,551 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,454,278 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,889,329 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $152,621 |
| Compensation of current officers, directors, key employees. | $91,573 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,651 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,795 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,092 |
| Fees for services: Other | $28,052 |
| Advertising and promotion | $2,887 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,153 |
| All other expenses | $2,445 |
| Total functional expenses | $2,138,056 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,544 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $38,767 |
| Accounts receivable, net | $9,779 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,484 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $4,465,535 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,535,109 |
| Accounts payable and accrued expenses | $150 |
| Grants payable | $42,038 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $42,188 |
| Net assets without donor restrictions | $2,327,394 |
| Net assets with donor restrictions | $2,165,527 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,535,109 |
Grants Awarded
Over the last fiscal year, Menlo Atherton High School Foundation For The Future has awarded $1,880,917 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MENLO-ATHERTON HIGH SCHOOL PURPOSE: PROFESSIONAL DEVELOPMENT AND REIMBURSEMENT FOR ASSISTANCE TO TEACHERS | $20,899 |
SEQUOIA UNION HIGH SCHOOL DISTRICT PURPOSE: REIMBURSEMENT FOR AGREED UPON STAFF SALARIES AND PURCHASES OF TECHNOLOGY | $1,860,018 |