Sterne School
- Assets
- $18.4m
- Revenue
- $8.2m
- Investments
- $0.0
- Employees
- 67
- Location
- San Francisco, CA
- Founding
- 10/1976
- Data as of
- 06/2021
- EIN
- 94-2371065
Organization Overview
Sterne School is located in San Francisco, CA. The organization was established in 1976. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 06/2021, Sterne School employed 67 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sterne School 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 06/2021, Sterne School generated $8.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $8.5m during the year ending 06/2021. While expenses have increased by 11.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
BUILD ON THE FDTN OF INDIVIDUAL STRENGTHS TO DISCOVER & NURTURE EACH STUDENT'S VERSION OF GREATNESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STEWARDED BY INNOVATIVE AND INCLUSIVE TEACHERS AND ADMINISTRATORS, STERNE SERVES UP TO 220 STUDENTS IN GRADES 4 THROUGH 12 IN A VIBRANT, URBAN CAMPUS, WITH FACILITIES AND PROGRAMS DESIGNED TO MAXIMIZE SELF-DISCOVERY THROUGH A DIVERSE, EXCITING, AND SUPPORTIVE EDUCATIONAL EXPERIENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ed Mcmanis Head Of School (thru 6/30/20) | 0 | $189,151 | |
Melissa Myers Head Of School | Officer | 40 | $183,600 |
Lea Wood Development Director | 40 | $126,732 | |
Larry Milburn Facilities Coordinator | 40 | $111,952 | |
Alia Long Admission Director | 40 | $109,425 | |
Susan Cain Director Of Communications | 40 | $102,457 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $147,251 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $478,147 |
| Noncash contributions included in lines 1a–1f | $7,575 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $625,398 |
| Total Program Service Revenue | $7,488,670 |
| Investment income | $20,120 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $33,691 |
| Net Income from Fundraising Events | $6,227 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,174,106 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,389,038 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $361,114 |
| Compensation of current officers, directors, key employees. | $171,137 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,978,240 |
| Pension plan accruals and contributions | $58,314 |
| Other employee benefits | $419,727 |
| Payroll taxes | $308,235 |
| Fees for services: Management | $27,334 |
| Fees for services: Legal | $25,832 |
| Fees for services: Accounting | $24,898 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $198,000 |
| Advertising and promotion | $81,177 |
| Office expenses | $36,706 |
| Information technology | $81,111 |
| Royalties | $0 |
| Occupancy | $960,119 |
| Travel | $14,655 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,811 |
| Interest | $3,285 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $218,825 |
| Insurance | $95,976 |
| All other expenses | $24,205 |
| Total functional expenses | $8,478,969 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,054,888 |
| Savings and temporary cash investments | $878,240 |
| Pledges and grants receivable | $391,238 |
| Accounts receivable, net | $4,730,230 |
| 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 | $3,327,034 |
| Net Land, buildings, and equipment | $4,114,202 |
| Investments—publicly traded securities | $884,023 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $18,379,855 |
| Accounts payable and accrued expenses | $732,168 |
| Grants payable | $838,575 |
| Deferred revenue | $5,405,916 |
| 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 | $6,976,659 |
| Net assets without donor restrictions | $8,865,000 |
| Net assets with donor restrictions | $2,538,196 |
| 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 | $18,379,855 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Sterne School has recieved totaling $308,512.
| Awarding Organization | Amount |
|---|---|
Herbst Foundation Inc Walnut Creek, CA PURPOSE: FACILITY IMPROVEMENTS | $150,000 |
Robert S & Helen P Odell Fund Las Vegas, NV PURPOSE: GENERAL OPERATING | $50,000 |
Robert S & Helen P Odell Fund Las Vegas, NV PURPOSE: GENERAL OPERATING | $50,000 |
American Endowment Foundation Hudson, OH PURPOSE: EDUCATIONAL | $25,360 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $15,775 |
Seed Fund Grants Inc Pittsford, NY PURPOSE: UNRESTRICTED | $10,000 |
Endowment Analysis
| Beg. Balance | $567,737 |
| Earnings | $1,223 |
| Ending Balance | $568,960 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Institute For The Redesign Of Learning South Pasadena, CA | $15,785,438 | $19,718,110 |
New School For Child Development A Non-Profit Corp Sherman Oaks, CA | $70,855,402 | $24,393,908 |
Mirman School For Gifted Children Los Angeles, CA | $47,520,876 | $18,601,911 |
Accel Phoenix, AZ | $21,659,622 | $16,834,387 |
Ecole Bilingue Berkeley, CA | $33,006,768 | $15,759,391 |
H E L P Group West Sherman Oaks, CA | $26,040,794 | $16,433,872 |
Learning With A Difference Inc Encino, CA | $24,959,978 | $17,556,894 |
Charles Armstrong School Belmont, CA | $29,837,306 | $12,609,845 |
Escuela Popular Del Pueblo San Jose, CA | $34,236,937 | $14,055,995 |
Pediatric Therapy Network Torrance, CA | $0 | $12,859,191 |
Institute For Effective Education San Diego, CA | $31,029,793 | $13,927,303 |
Villa Esperanza Services Pasadena, CA | $33,971,130 | $14,047,530 |