Form 990 for tax year 2023

Filed by EAST PALO ALTO ACADEMY FOUNDATION.

Totals

Total revenue: $1,795,545
Total expenses: $1,606,186
Contributions and grants received: $1,707,436
Grants paid: $1,043,907
Program service revenue: $0
Investment income: $88,023
Other revenue: $86
Total assets, end of year: $4,039,960
Total liabilities, end of year: $535,811
Net assets or fund balances, end of year: $3,504,149
Program services expenses (Part IX): $1,263,796
Management and general expenses: $186,099
Fundraising expenses: $156,291
Program service expenses (Part III): $1,263,796

Program services were 78.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

1f · All other contributions, gifts and grants

$1,707,436
1g · Noncash contributions included above

$50,013
3 · Investment income

total $88,023 · excluded $88,023
7a · Gross sales of assets other than inventory

securities $2,048,145
7b · Less cost or other basis and sales expenses

securities $2,048,145
7c · Gain or loss

securities $0
11a · Other revenue: OTHER REVENUE

total $86 · related or exempt $86
11e · Other revenue, total

$86

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $694,631 · program services $694,631
2 · Grants to domestic individuals

total $349,276 · program services $349,276
5 · Compensation of officers, directors and key employees

total $154,876 · program services $82,777 · management and general $26,186 · fundraising $45,913
7 · Other salaries and wages

total $124,040 · program services $78,022 · management and general $36,380 · fundraising $9,638
9 · Other employee benefits

total $12,283 · program services $9,774 · management and general $2,509
10 · Payroll taxes

total $20,091 · program services $11,728 · management and general $4,524 · fundraising $3,839
11b · Fees: legal

total $1,195 · management and general $1,195
11c · Fees: accounting

total $53,270 · management and general $53,270
11g · Fees: other

total $132,015 · program services $234 · management and general $51,150 · fundraising $80,631
13 · Office expenses

total $16,585 · program services $11,577 · management and general $1,210 · fundraising $3,798
16 · Occupancy

total $28,917 · program services $16,145 · management and general $5,374 · fundraising $7,398
19 · Conferences, conventions and meetings

total $3,306 · program services $866 · management and general $1,383 · fundraising $1,057
23 · Insurance

total $15,701 · program services $8,766 · management and general $2,918 · fundraising $4,017

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $1,776,149 · end of year $1,501,025
2 · Savings and temporary cash investments

beginning of year $1,241,831 · end of year $1,861,751
3 · Pledges and grants receivable

beginning of year $189,595 · end of year $99,130
4 · Accounts receivable

beginning of year $0 · end of year $2,871
9 · Prepaid expenses and deferred charges

beginning of year $8,619 · end of year $11,800
12 · Investments: other securities

beginning of year $619,011 · end of year $563,383
17 · Accounts payable and accrued expenses

beginning of year $31,627 · end of year $35,811
25 · Other liabilities

beginning of year $500,000 · end of year $500,000
27 · Net assets without donor restrictions

beginning of year $2,030,596 · end of year $2,219,710
28 · Net assets with donor restrictions

beginning of year $1,272,982 · end of year $1,284,439

Mission and programs · 2023

Mission

EAST PALO ACADEMY FOUNDATION ADVOCATES FOR, ADVANCES, AND RAISES FUNDS TO BENEFIT THE STUDENTS AND GRADUATES OF EAST PALO ALTO ACADEMY, A CHARTER SCHOOL OF THE SEQUOIA UNION HIGH SCHOOL DISTRICT. OUR PROGRAMS AND RESOURCES ARE IN PURSUIT OF OUR MISSION TO SUPPORT THE STUDENTS AND GRADUATES OF EAST PALO ALTO ACADEMY THROUGH HIGH SCHOOL AND POST-SECONDARY PATHWAYS INTO MEANINGFUL CAREERS BY PROVIDING ACADEMIC, NAVIGATIONAL, SOCIAL-EMOTIONAL, AND FINANCIAL RESOURCES.

Activities or mission (Part I)

FUNDS DIRECT SERVICES AND SCHOLARSHIPS FOR EAST PALO ALTO ACADEMY STUDENTS AND GRADUATES.

EFFECTIVE AUGUST 1, 2014, EAST PALO ALTO ACADEMY FOUNDATION (PRIOR TO JULY 1, 2017, KNOWN AS STANFORD SCHOOLS CORPORATION) SERVES AS A NON-PROFIT ORGANIZATION, SUPPORTING A PUBLIC CHARTER SCHOOL, EAST PALO ALTO ACADEMY, IN TWO WAYS. FIRST, EAST PALO ALTO ACADEMY FOUNDATION (EPAAF) FUNDS DIRECT SERVICES FOR THE HIGH SCHOOL INCLUDING: EARLY COLLEGE COURSES, WHERE STUDENTS EARN COLLEGE CREDIT DURING THEIR REGULAR SCHOOL DAY; THE DREAM LAB, A MAKERSPACE WHERE STUDENTS ENGAGE IN HANDS-ON STEM LEARNING AND DEVELOP CREATIVE PROBLEM-SOLVING AND COMMUNICATION SKILLS; AND WRAPAROUND SERVICES THAT SUPPORT STUDENTS' MENTAL HEALTH AND READINESS TO LEARN. SECOND, EPAAF OFFERS SCHOLARSHIP FUNDS TO A SELECT NUMBER OF COLLEGE AND VOCATIONAL STUDENTS, ALL OF WHOM GRADUATED FROM EAST PALO ALTO ACADEMY.EAST PALO ALTO ACADEMY PROVIDES A HIGH QUALITY EDUCATION FOR APPROXIMATELY 287 STUDENTS. THE STUDENT POPULATION IS APPROXIMATELY 89% LATINO/A/X, 5% AFRICAN-AMERICAN, 5% PACIFIC ISLANDERS, AND 1% OTHER. 57% OF STUDENTS WILL BE THE FIRST IN THEIR FAMILIES TO GRADUATE HIGH SCHOOL, AND 91% WILL BE FIRST-GENERATION COLLEGE STUDENTS. APPROXIMATELY 41% OF THE STUDENTS ARE BILINGUAL & SECOND LANGUAGE LEARNERS. THE HIGH SCHOOL CONTINUES TO FOCUS ON CULTURALLY RESPONSIVE CURRICULUM, RIGOROUS COLLEGE PREPARATION, AND HIGH STANDARDS AND HIGH SUPPORT FOR STUDENTS IN PURSUIT OF OUR AMBITIOUS VISION THAT "ALL STUDENTS WILL GRADUATE COLLEGE-READY, EMPOWERED WITH THE KNOWLEDGE, SKILLS, AND PASSION TO POSITIVELY IMPACT THEIR OWN LIVES, THEIR COMMUNITY, AND THE GLOBAL SOCIETY." WE ARE PROUD TO SHARE THAT 98% OF THE EPAA CLASS OF 2024 GRADUATED FROM HIGH SCHOOL AND 98% OF GRADUATES CHOSE A POSTSECONDARY PATHWAY AND JOINED AN EPAAF ALUMNI PROGRAM. 80% OF OUR UNIVERSITY SCHOLARS ARE STILL PERSISTING IN OR HAVE GRADUATED FROM POSTSECONDARY EDUCATION OR TRAINING PROGRAMS.

Expenses $1,263,796 · Grants $1,043,907

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Laura A MurawczykLAURA A MURAWCZYK

CHAIR

Total calculated

$0

Hours/week

2
Mindy RogersMINDY ROGERS

TREASURER

Total calculated

$0

Hours/week

0.5
Polly LiuPOLLY LIU

DIRECTOR

Total calculated

$0

Hours/week

0.5
Daniel Lewis SchwartzDANIEL LEWIS SCHWARTZ

DIRECTOR

Total calculated

$0

Hours/week

0.5
Angela NomelliniANGELA NOMELLINI

DIRECTOR

Total calculated

$0

Hours/week

0.5
Mudita JainMUDITA JAIN

DIRECTOR

Total calculated

$0

Hours/week

0.5
Lauren KoenigLAUREN KOENIG

DIRECTOR

Total calculated

$0

Hours/week

0.5
Marnie MarcinMARNIE MARCIN

DIRECTOR

Total calculated

$0

Hours/week

0.5
Patrick DunkleyPATRICK DUNKLEY

DIRECTOR

Total calculated

$0

Hours/week

0.5
Esteban ZunoESTEBAN ZUNO

DIRECTOR

Total calculated

$0

Hours/week

0.5
Denise Smith-HamsDENISE SMITH-HAMS

DIRECTOR

Total calculated

$0

Hours/week

0.5
Kathyrn HyleKATHYRN HYLE

EXECUTIVE DIRECTOR

Total calculated

$142,890

From this org

$128,273

From related orgs

$0

Other

$14,617

Hours/week

40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

SEQUOIA UNION HIGH SCHOOL DISTRICT

$694,631

SEQUOIA UNION HIGH SCHOOL DISTRICT OPERATIONS

Provenance

Return type: form_990
Tax year: 2023
Filed: 3 May 2025
IRS schema version: 2023v6.0
Source object: 202511299349302076

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