Eastside College Preparatory School Inc is located in East Palo Alto, CA. The organization was established in 1999. 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 06/2021, Eastside College Preparatory School Inc employed 93 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eastside College Preparatory School Inc 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 06/2020, Eastside College Preparatory School Inc generated $13.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $9.8m during the year ending 06/2020. While expenses have increased by 2.7% 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
PREPARE LOW INCOME AND FIRST GENERATION STUDENTS TO ATTEND AND SUCCEED IN 4 YEAR COLLEGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE 2020-21 ACADEMIC YEAR, EASTSIDE COLLEGE PREPARATORY SCHOOL EDUCATED 265 STUDENTS IN GRADES NINE THROUGH TWELVE, AND PROVIDED RESIDENTIAL PROGRAMMING TO 95 OF THOSE STUDENTS. EASTSIDE ALSO PROVIDED ON-GOING SUPPORT AND GUIDANCE TO ITS 250 ALUMNI CURRENTLY ENROLLED IN COLLEGE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ellen Lehman Director Of Development | Officer | 40 | $190,273 |
Chris Bischof Board Trustee/principal | OfficerTrustee | 40 | $172,423 |
Helen Kim Board Trustee/v. Principal | OfficerTrustee | 40 | $171,903 |
Melanie Tomasello Director Of Finance | Officer | 40 | $147,238 |
Eun-Mee Jeong Faculty Member | 40 | $146,534 | |
Calvin Trembath Faculty Member | 40 | $138,003 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $10,614,830 |
Investment income | $2,344,046 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $152,106 |
Net Gain/Loss on Asset Sales | $25,824 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $1,322 |
Miscellaneous Revenue | $0 |
Total Revenue | $13,237,474 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $262,898 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $729,695 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $4,512,512 |
Pension plan accruals and contributions | $175,460 |
Other employee benefits | $666,581 |
Payroll taxes | $416,654 |
Fees for services: Management | $0 |
Fees for services: Legal | $4,704 |
Fees for services: Accounting | $54,163 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $380,138 |
Fees for services: Other | $110,332 |
Advertising and promotion | $0 |
Office expenses | $66,509 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $558,263 |
Travel | $105,187 |
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 | $983,181 |
Insurance | $120,499 |
All other expenses | $0 |
Total functional expenses | $9,760,967 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,924,040 |
Savings and temporary cash investments | $1,705,539 |
Pledges and grants receivable | $1,401,914 |
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 | $20,785 |
Prepaid expenses and deferred charges | $125,621 |
Investments—publicly traded securities | $65,635,452 |
Investments—other securities | $40,819,485 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $149,041,945 |
Accounts payable and accrued expenses | $811,285 |
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 | $811,285 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $148,230,660 |
Over the last fiscal year, we have identified 3 grants that Eastside College Preparatory School Inc has recieved totaling $110,000.
Awarding Organization | Amount |
---|---|
Julie Handley Foundation Palo Alto, CA PURPOSE: TRANSFORMS THE LIVES OF STUDENTS HISTORICALLY UNDERREPRESENTED IN HIGHER EDUCATION BY PROVIDING CHALLENGING AND ENGAGING CURRICULUM ENABLING STUDENT TO IMPROVE INTELLECTUAL STRENGTHS AND SHARPEN ACADEMIC SKILLS | $70,000 |
Cnc Foundation Tr Palo Alto, CA PURPOSE: CHARITABLE | $20,000 |
Urbanek Family Foundation Menlo Park, CA PURPOSE: UNRESTRICTED CHARITABLE DONATION | $20,000 |
Beg. Balance | $106,641,949 |
Earnings | $38,893,631 |
Net Contributions | $1,986,702 |
Other Expense | -$1,170,493 |
Ending Balance | $148,692,775 |
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 |