Mid-Peninsula Education Center Inc
- Assets
- $17.8m
- Revenue
- $8.8m
- Investments
- $0.0
- Employees
- 36
- Location
- Menlo Park, CA
- Founding
- 04/1981
- Data as of
- 06/2021
- EIN
- 94-2693417
Organization Overview
Mid-Peninsula Education Center Inc is located in Menlo Park, CA. The organization was established in 1981. 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, Mid-Peninsula Education Center Inc employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mid-Peninsula Education Center 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 06/2021, Mid-Peninsula Education Center Inc generated $8.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.8% each year . All expenses for the organization totaled $5.5m during the year ending 06/2021. While expenses have increased by 5.0% 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
MID-PENINSULA EDUCATION CENTER IS AN INDEPENDENT, NON-PROFIT SCHOOL THAT SERVES STUDENTS IN GRADES 9-12. IT IS ACCREDITED BY THE CALIFORNIA ASSOCIATION OF INDEPENDENT SCHOOLS (CAIS) AND THE WESTERN ASSOCIATION OF SCHOOLS AND COLLEGES (WASC). DEDICATED TO THE BELIEF THAT ALL STUDENTS BELONG WITH EXPERT AND COMPASSIONATE TEACHERS, MID-PENINSULA EMPOWERS STUDENTS WITH THE KNOWLEDGE AND PURPOSE TO IMPACT A COMPLEX WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SECONDARY SCHOOL EDUCATION FOR APPROXIMATELY 138STUDENTS AND 34 FACULTIES AND STAFF
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phil Gutierrez Head Of School | 40 | $308,620 | |
Henry Trevor Dir Of Development | 40 | $132,850 | |
Jorge Rodriguez Dir Of Teaching | 40 | $130,000 | |
Heidi Schiessler Asst. Hos | 40 | $128,063 | |
Wendi Wells Counselor | 40 | $119,459 | |
Edwin Johnson Dir Of Admissions | 40 | $115,116 |
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 | $1,916,473 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,916,473 |
| Total Program Service Revenue | $4,735,813 |
| Investment income | $73,492 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $111,711 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,750,949 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $340,442 |
| Compensation of current officers, directors, key employees. | $340,442 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,816,101 |
| Pension plan accruals and contributions | $217,819 |
| Other employee benefits | $347,416 |
| Payroll taxes | $224,902 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,305 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $44,049 |
| Travel | $1,266 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $37,228 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $346,756 |
| Insurance | $0 |
| All other expenses | $592,100 |
| Total functional expenses | $5,507,123 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $805,743 |
| Pledges and grants receivable | $97,017 |
| Accounts receivable, net | $89,330 |
| 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 | $85,866 |
| Net Land, buildings, and equipment | $5,318,429 |
| Investments—publicly traded securities | $8,042,259 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,340,881 |
| Total assets | $17,779,525 |
| Accounts payable and accrued expenses | $491,550 |
| 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 | $4,125,882 |
| Total liabilities | $4,617,432 |
| Net assets without donor restrictions | $7,252,053 |
| Net assets with donor restrictions | $5,910,040 |
| 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 | $17,779,525 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Mid-Peninsula Education Center Inc has recieved totaling $268,743.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: EDUCATIONAL | $99,640 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $62,800 |
Eucalyptus Foundation San Francisco, CA PURPOSE: TUITION SCHOLARSHIPS - MID PENINSULA HIGH SCHOOL | $40,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $33,820 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Education | $29,300 |
Ann Jie Foundation Wilmington, DE PURPOSE: DRAGON FUND | $2,500 |
Endowment Analysis
| Beg. Balance | $3,234,608 |
| Earnings | $840,068 |
| Admin Expense | $21,177 |
| Net Contributions | $105,803 |
| Ending Balance | $4,159,302 |
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 |