Menlo College

Organization Overview

Menlo College is located in Atherton, CA. The organization was established in 1994. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Menlo College employed 380 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Menlo College 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, Menlo College generated $52.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $44.8m during the year ending 06/2021. While expenses have increased by 2.0% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO DEVELOP FUTURE LEADERS THROUGH A LIBERAL ARTS-BASED BUSINESS EDUCATION THAT INTEGRATES ACADEMIC STUDY AND FIELDWORK IN A SILICON VALLEY ENVIRONMENT UNMATCHED IN ITS POTENTIAL FOR INNOVATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE COLLEGE PROVIDES INSTRUCTION TO APPROXIMATELY 813 FULL-TIME STUDENTS IN FOUR-YEAR UNDERGRADUATE MANAGEMENT AND PSYCHOLOGY PROGRAMS. EXPENDITURES INCLUDE RESIDENCE HALLS, DINING, STUDENT UNION, AND HEALTH SERVICES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Vance Brown Inc
Construction
$8,424,013
Allied Universal Security Services
Security Services
$268,925
Genesis Building Services
Janitorial Services
$493,442
Sodexo Inc & Affiliates
Dining Hall Meals
$2,641,311
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,495,007
All other contributions, gifts, grants, and similar amounts not included above$8,591,760
Noncash contributions included in lines 1a–1f $92,435
Total Revenue from Contributions, Gifts, Grants & Similar$11,086,767
Total Program Service Revenue$39,843,408
Investment income $470,274
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $603,909
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $52,004,358

Grants Recieved

Over the last fiscal year, we have identified 13 grants that Menlo College has recieved totaling $9,062,384.

Awarding OrganizationAmount
Arrillaga Foundation

Palo Alto, CA

PURPOSE: DORMITORY CONSTRUCTION PROJECT

$9,000,000
John Pritzker Family Fund

Redwood City, CA

PURPOSE: DISCRETION OF PRESIDENT WEINER

$25,000
Leonard R Frankel Family Foundation

Houston, TX

PURPOSE: ANNUAL FUND

$10,000
Silicon Valley Community Foundation

Mountain View, CA

PURPOSE: Education

$6,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$5,308
William & Marian Ghidotti Foundation

Milwaukee, WI

PURPOSE: SCHOLARSHIP

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$11,082,385
Earnings$4,425,107
Net Contributions$214,400
Other Expense$293,000
Ending Balance$15,428,892

Peer Organizations

Organization NameAssets
Linfield University
Mcminnville, OR
$110,269,366
Westmont College
Santa Barbara, CA
$121,110,665
Scripps College
Claremont, CA
$98,616,217
California College Of The Arts
San Francisco, CA
$107,701,190
Vanguard University Of So Ca
Costa Mesa, CA
$83,351,301
Harvey Mudd College
Claremont, CA
$77,731,780
The Masters University And Seminary
Santa Clarita, CA
$80,766,902
William Jessup University
Rocklin, CA
$60,123,299
Pitzer College
Claremont, CA
$62,327,201
Pacific Union College
Angwin, CA
$48,958,321
Menlo College
Atherton, CA
$52,004,358
Corban University
Salem, OR
$40,955,830

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