Menlo School
- Assets
- $320.2m
- Revenue
- $64.3m
- Investments
- $25.7m
- Employees
- 375
- Location
- Atherton, CA
- Founding
- 10/1994
- Data as of
- 06/2021
- EIN
- 94-3204137
Organization Overview
Menlo School is located in Atherton, 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 06/2021, Menlo School employed 375 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Menlo 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, Menlo School generated $64.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $60.6m during the year ending 06/2021. While expenses have increased by 4.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ESTABLISH AND OPERATE AS AN EDUCATIONAL INSTITUTION FOR THE EDUCATION OF YOUNG MEN AND WOMEN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUCTION FOR GRADES 6 TO 12 FOR APPROXIMATELY 795 STUDENTS.
INSTRUCTION FOR GRADES 6 TO 12 FOR APPROXIMATELY 795 STUDENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nathaniel Healy Head Of School | Officer | 40 | $661,318 |
Tony Lapolla Dean Of Students | 40 | $227,429 | |
La Vina Lowery Middle School Director | 40 | $219,310 | |
Earl Koberlein Director Of Athletics | 40 | $200,481 | |
Bridgett Longust Dean Of Teaching & Learning | 40 | $193,590 | |
Loren Arms Director Of Ops & Construc | 40 | $192,466 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dfwh Enterprises Co David Finkel And W Artistic/musical | 6/29/21 | $205,553 |
Andrews Data Systems Data Management | 6/29/21 | $171,475 |
Marcum Llp Accounting/audit | 6/29/21 | $124,150 |
Faraci House Painting Painters | 6/29/21 | $120,305 |
Dfwh Enterprises Co David Finkel And W Artistic/musical | 6/29/21 | $205,553 |
Andrews Data Systems Data Management | 6/29/21 | $171,475 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,204,526 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $16,737,474 |
| Noncash contributions included in lines 1a–1f | $522,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,942,000 |
| Total Program Service Revenue | $41,521,000 |
| Investment income | $1,143,150 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $183,000 |
| Net Gain/Loss on Asset Sales | -$50,922 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $21,869 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $64,317,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $6,798,750 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $887,256 |
| Compensation of current officers, directors, key employees. | $149,376 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $24,819,380 |
| Pension plan accruals and contributions | $2,817,495 |
| Other employee benefits | $3,764,869 |
| Payroll taxes | $1,806,000 |
| 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 | $477,000 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $1,091,000 |
| 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 | $1,048,000 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,784,000 |
| Insurance | $592,000 |
| All other expenses | $694,000 |
| Total functional expenses | $60,607,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,182,000 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $7,253,000 |
| Accounts receivable, net | $8,773,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $676,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $466,000 |
| Net Land, buildings, and equipment | $152,925,000 |
| Investments—publicly traded securities | $61,753,000 |
| Investments—other securities | $25,699,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,425,000 |
| Total assets | $320,152,000 |
| Accounts payable and accrued expenses | $5,652,000 |
| Grants payable | $0 |
| Deferred revenue | $37,390,000 |
| Tax-exempt bond liabilities | $32,366,000 |
| 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 | $75,408,000 |
| Net assets without donor restrictions | $178,102,000 |
| Net assets with donor restrictions | $66,642,000 |
| 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 | $320,152,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Menlo School has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Golub Family Foundation Wilmington, DE PURPOSE: ANNUAL FUND 2022-2023 | $5,000 |
Endowment Analysis
| Beg. Balance | $66,184,000 |
| Earnings | $19,759,000 |
| Net Contributions | $1,726,000 |
| Other Expense | $2,747,000 |
| Ending Balance | $84,922,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kipp Bay Area Schools Oakland, CA | $172,487,625 | $112,257,587 |
Somerset Academy Of Las Vegas Las Vegas, NV | $192,795,065 | $79,621,443 |
High Tech High San Diego, CA | $58,788,634 | $76,672,129 |
Menlo School Atherton, CA | $320,152,000 | $64,317,000 |
Oaks Christian School Westlake Village, CA | $150,419,760 | $62,594,014 |
Summit Public Schools Redwood City, CA | $48,530,707 | $55,546,203 |
El Camino Real Alliance Woodland Hills, CA | $34,397,207 | $53,776,806 |
Milken Community Schools Los Angeles, CA | $80,759,256 | $40,537,524 |
Windward School Los Angeles, CA | $106,329,646 | $41,804,232 |
Orange County School Of The Arts Santa Ana, CA | $14,647,557 | $49,463,330 |
Inner City Education Foundation Los Angeles, CA | $33,345,924 | $41,820,831 |
Crystal Springs Uplands School Hillsborough, CA | $136,020,158 | $40,020,241 |