Mountain View Los Altos High School Foundation
- Assets
- $1.4m
- Revenue
- $2.5m
- Investments
- $895.4k
- Employees
- 2
- Location
- Los Altos, CA
- Founding
- 04/1994
- Data as of
- 06/2022
- EIN
- 94-2848246
Organization Overview
Mountain View Los Altos High School Foundation is located in Los Altos, CA. The organization was established in 1994. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2022, Mountain View Los Altos High School Foundation employed 2 individuals. This organization is the central organization for a national or regional group of organizations. Mountain View Los Altos High School Foundation 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 06/2022, Mountain View Los Altos High School Foundation generated $2.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $2.3m during the year ending 06/2022. While expenses have increased by 3.4% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
FUNDS ACADEMIC PROGRAMS WITHIN THE MOUNTAIN VIEW LOS ALTOS HIGH SCHOOL DISTRICT
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDED FUNDS TO THE MOUNTAIN VIEW LOS ALTOS HIGH SCHOOL DISTRICT THAT ASSIST THE SCHOOL DISTRICT IN REDUCING CLASS SIZES, PROVIDING CLASS PROGRAMS NOT OTHERWISE FUNDED BY THE DISTRICT, PROVIDE COLLEGE AND CAREER PREPARATION PROGRAMS AND OTHER NONFUNDED DISTRICT PROGRAMS AND EQUIPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristine Bardman Co-Executive Director | Trustee | 1 | $66,000 |
Margaret Gong Co-Executive Director | Trustee | 1 | $66,000 |
Laura Schmidt Treasurer | OfficerTrustee | 2 | $0 |
Natasha Keck Vice President | OfficerTrustee | 2 | $0 |
Nikki Selden Secretary | OfficerTrustee | 2 | $0 |
Rebecca Lowell President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,429,569 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,429,569 |
| Total Program Service Revenue | $0 |
| Investment income | $21,082 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $48,186 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,498,837 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,085,000 |
| 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. | $131,520 |
| Compensation of current officers, directors, key employees. | $32,880 |
| Compensation to disqualified persons | $5,480 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $636 |
| Payroll taxes | $10,732 |
| 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 | $0 |
| Fees for services: Other | $53,812 |
| Advertising and promotion | $8,773 |
| Office expenses | $0 |
| Information technology | $2,280 |
| 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 | $1,520 |
| All other expenses | $0 |
| Total functional expenses | $2,299,753 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $487,626 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $895,446 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,383,072 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $1,361,186 |
| Net assets with donor restrictions | $21,886 |
| 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 | $1,383,072 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Mountain View Los Altos High School Foundation has recieved totaling $731,675.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $492,571 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $86,530 |
Bright Funds Foundation San Jose, CA PURPOSE: GENERAL PURPOSE | $54,822 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Education | $33,500 |
Tides Foundation San Francisco, CA PURPOSE: QUALITY EDUCATION | $30,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $25,000 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
College Preparatory School Oakland, CA | $86,770,968 | $29,982,508 |
De Toledo High School West Hills, CA | $54,114,350 | $20,796,544 |
Los Angeles Leadership Academy Los Angeles, CA | $13,675,392 | $17,033,455 |
Dunn School Los Olivos, CA | $25,503,734 | $14,255,892 |
Maranatha High School Pasadena, CA | $37,804,147 | $15,687,230 |
Seabury Hall Makawao, HI | $71,634,434 | $12,939,706 |
Audeo Charter School San Diego, CA | $17,592,431 | $17,679,970 |
Cristo Rey San Jose High School San Jose, CA | $35,861,424 | $12,346,734 |
Monte Vista Christian School Inc Watsonville, CA | $36,645,188 | $14,491,760 |
Vistamar School El Segundo, CA | $31,527,433 | $13,947,255 |
Pathways In Education Illinois Pasadena, CA | $13,522,189 | $14,647,243 |
Africa New Life Ministries International Portland, OR | $6,351,157 | $13,013,845 |