Totals
- Total revenue
- $56,143,012
- Total expenses
- $52,251,980
- Contributions and grants received
- $10,354,676
- Grants paid
- $6,428,110
- Program service revenue
- $38,673,540
- Investment income
- $6,613,315
- Other revenue
- $501,481
- Total assets, end of year
- $188,549,843
- Total liabilities, end of year
- $9,430,269
- Net assets or fund balances, end of year
- $179,119,574
- Program services expenses (Part IX)
- $40,872,135
- Management and general expenses
- $8,640,208
- Fundraising expenses
- $2,739,637
- Program service expenses (Part III)
- $40,872,135
Program services were 78.2% 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
$10,354,676
-
1g · Noncash contributions included above
$3,134,591
-
2a · Program service revenue: TUITION AND FEES
total $35,353,902 · related or exempt $35,353,902
-
2b · Program service revenue: SUMMER SCHOOL
total $3,083,888 · related or exempt $3,083,888
-
2c · Program service revenue: AFTER SCHOOL PROGRAM
total $235,750 · related or exempt $235,750
-
3 · Investment income
total $3,700,993 · excluded $3,700,993
-
6a · Gross rents
real property $255,089
-
6b · Less rental expenses
real property $143,724
-
6c · Rental income or loss
real property $111,365
-
6d · Net rental income or loss
total $111,365 · excluded $111,365
-
7a · Gross sales of assets other than inventory
securities $36,384,970
-
7b · Less cost or other basis and sales expenses
securities $33,472,648
-
7c · Gain or loss
securities $2,912,322
-
7d · Net gain or loss
total $2,912,322 · excluded $2,912,322
-
8a · Fundraising events: gross income
$91,655
-
8b · Fundraising events: direct expenses
$30,036
-
8c · Net income from fundraising events
total $61,619 · excluded $61,619
-
11a · Other revenue: REIMB FROM RELATED ENTITY FOR PFS
total $187,333 · excluded $187,333
-
11b · Other revenue: OTHER
total $88,994 · excluded $88,994
-
11c · Other revenue: PANTHER CLUB REVENUE
total $52,170 · excluded $52,170
-
11e · Other revenue, total
$328,497
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $6,410,057 · program services $6,410,057
-
3 · Grants to foreign organizations and individuals
total $18,053 · program services $18,053
-
5 · Compensation of officers, directors and key employees
total $1,325,165 · management and general $1,325,165
-
7 · Other salaries and wages
total $24,557,451 · program services $20,220,198 · management and general $2,689,970 · fundraising $1,647,283
-
8 · Pension plan contributions
total $1,427,205 · program services $1,163,775 · management and general $176,088 · fundraising $87,342
-
9 · Other employee benefits
total $2,786,043 · program services $2,403,470 · management and general $180,703 · fundraising $201,870
-
10 · Payroll taxes
total $1,774,297 · program services $1,487,718 · management and general $176,560 · fundraising $110,019
-
11b · Fees: legal
total $56,085 · management and general $56,085
-
11c · Fees: accounting
total $116,999 · management and general $116,999
-
11f · Fees: investment management
total $303,843 · management and general $303,843
-
11g · Fees: other
total $293,529 · management and general $115,187 · fundraising $178,342
-
13 · Office expenses
total $212,817 · program services $5,616 · management and general $207,201
-
14 · Information technology
total $427,651 · program services $376,334 · management and general $42,765 · fundraising $8,552
-
16 · Occupancy
total $2,178,515 · program services $2,043,570 · management and general $88,500 · fundraising $46,445
-
20 · Interest
total $10,221 · management and general $10,221
-
22 · Depreciation, depletion and amortization
total $3,191,731 · program services $2,808,723 · management and general $319,173 · fundraising $63,835
-
23 · Insurance
total $644,433 · program services $286,231 · management and general $351,697 · fundraising $6,505
-
24a · Other expenses: OUTDOOR EDUCATION
total $556,734 · program services $556,734
-
24b · Other expenses: ATHLETIC DEPARTMENT EXP
total $418,713 · program services $418,713
-
24c · Other expenses: BUS PROGRAM EXPENSES
total $233,258 · program services $233,258
-
24d · Other expenses: RECRUITMENT EXPENSES
total $144,026 · management and general $144,026
-
24e · All other expenses
total $5,165,154 · program services $2,439,685 · management and general $2,336,025 · fundraising $389,444
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,852,326 · end of year $4,161,172
-
2 · Savings and temporary cash investments
beginning of year $5,681,998 · end of year $5,697,160
-
3 · Pledges and grants receivable
beginning of year $11 · end of year $11
-
4 · Accounts receivable
beginning of year $800 · end of year $51,090
-
9 · Prepaid expenses and deferred charges
beginning of year $1,689,316 · end of year $2,183,958
-
10a · Land, buildings and equipment: cost or other basis
$95,072,382
-
10b · Land, buildings and equipment: accumulated depreciation
$35,186,309
-
10c · Land, buildings and equipment, net
beginning of year $61,605,713 · end of year $59,886,073
-
11 · Investments: publicly traded securities
beginning of year $83,218,718 · end of year $94,540,216
-
12 · Investments: other securities
beginning of year $19,537,274 · end of year $21,076,595
-
15 · Other assets
beginning of year $946,827 · end of year $953,568
-
17 · Accounts payable and accrued expenses
beginning of year $3,392,210 · end of year $3,811,192
-
19 · Deferred revenue
beginning of year $4,839,874 · end of year $5,227,130
-
21 · Escrow or custodial account liability
beginning of year $199,753 · end of year $150,415
-
25 · Other liabilities
beginning of year $338,669 · end of year $241,532
-
27 · Net assets without donor restrictions
beginning of year $104,400,476 · end of year $105,096,024
-
28 · Net assets with donor restrictions
beginning of year $63,362,001 · end of year $74,023,550
Mission and programs · 2023
Mission
THE MISSION OF POLYTECHNIC SCHOOL IS TO DEVELOP THE UNIQUE INTELLECT, TALENTS, AND CHARACTER OF EACH STUDENT IN A COMMUNITY DEDICATED TO ACADEMIC EXCELLENCE, PERSONAL RESPONSIBILITY, AND SERVICE TO OTHERS. THE SCHOOL ENVISIONS A COMMUNITY OF STUDENTS, INSPIRED BY TRANSFORMATIVE TEACHING, WHO WILL CONTRIBUTE PROFOUNDLY TO THE WORLD AS INTELLECTUAL LEADERS.
Activities or mission (Part I)
POLYTECHNIC IS AN INDEPENDENT, COEDUCATIONAL, DAY SCHOOL FOR APPROXIMATELY 870 STUDENTS.
-
POLYTECHNIC SCHOOL IS AN INDEPENDENT, COEDUCATIONAL DAY SCHOOL FOR APPROXIMATELY 870 STUDENTS IN KINDERGARTEN THROUGH GRADE TWELVE. THE SCHOOL WAS ESTABLISHED IN 1907 AND IS LOCATED ON A 15 ACRE CAMPUS IN PASADENA, CALIFORNIA. THE SCHOOL OFFERS A STRONG ACADEMIC PROGRAM, ACTIVITIES BEYOND THE CLASSROOM INCLUDING ATHLETICS, OUTDOOR EDUCATION, COMMUNITY SERVICE, AND THE VISUAL AND PERFORMING ARTS. THE SCHOOL STRIVES TO REFLECT THE CULTURAL, ETHNIC AND ECONOMIC DIVERSITY PRESENT IN THE PASADENA AND SAN GABRIEL VALLEY AREA. THE SCHOOL OFFERS SMALL CLASSES WHICH ENCOURAGE DEEP STUDENT-FACULTY INTERACTION, FACILITIES THAT ENHANCE THE ABILITY OF THE FACULTY TO TEACH, AND OPPORTUNITIES FOR FACULTY DEVELOPMENT.
Expenses $40,872,135 · Grants $6,428,110 · Revenue $38,673,540
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
MOLZ TODD
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
HUDNUT ALEXANDER
VICE CHAIR/CHAIR ELECT
- Total calculated
- $0
- Hours/week
- 5
-
CALLAHAN EZRA
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
SINGLA SONIA
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
ANSARI MOHSIN
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
CARDENAS ROSALINA
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
ARCHIBONG KOKO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
BRATHWAITE KWAME
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
CEVA KRISTIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
CHOI HENRY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
DESAI PRIYA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
HOLDSWORTH MARK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
HSIEH MING
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
LONGORIA ROBERTO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
LIU STANLEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
MACPHERSON LORI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
MCDONALD JUDITH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
NELSON NASH DENISE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
POMERANTZ CAROL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
PRADO MARICRUZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
RICE PETER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
ROTHE-KUSHELL JETHRO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
VALENTI COURTENAY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
BRACKER JOHN
HEAD OF SCHOOL
- Total calculated
- $858,900
- From this org
- $751,917
- From related orgs
- $0
- Other
- $106,983
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $545,795
- Bonus
- $0
- Other
- $206,122
- Deferred
- $81,625
- Nontaxable benefits
- $25,358
- Filer's total
- $858,900
-
HUYSSOON KEITH
CHIEF FINANCIAL OFFICER
- Total calculated
- $335,467
- From this org
- $284,668
- From related orgs
- $0
- Other
- $50,799
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $282,762
- Bonus
- $0
- Other
- $1,906
- Deferred
- $29,069
- Nontaxable benefits
- $21,730
- Filer's total
- $335,467
-
WU LISA
ADMISSIONS DIRECTOR/ASSISTANT HOS
- Total calculated
- $299,911
- From this org
- $266,982
- From related orgs
- $0
- Other
- $32,929
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $253,902
- Bonus
- $0
- Other
- $13,080
- Deferred
- $16,216
- Nontaxable benefits
- $16,713
- Filer's total
- $299,911
-
FAY JONATHAN R
SUMMER SCHOOL DIRECTOR/FACULTY
- Total calculated
- $247,812
- From this org
- $214,895
- From related orgs
- $0
- Other
- $32,917
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $213,721
- Bonus
- $0
- Other
- $1,174
- Deferred
- $20,262
- Nontaxable benefits
- $12,655
- Filer's total
- $247,812
-
ROBBINS MEREDITH
ADVANCEMENT DIRECTOR
- Total calculated
- $247,723
- From this org
- $221,247
- From related orgs
- $0
- Other
- $26,476
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $221,026
- Bonus
- $0
- Other
- $221
- Deferred
- $14,030
- Nontaxable benefits
- $12,446
- Filer's total
- $247,723
-
MELGOZA JOSE
UPPER SCHOOL DIRECTOR
- Total calculated
- $222,695
- From this org
- $194,580
- From related orgs
- $0
- Other
- $28,115
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $194,319
- Bonus
- $0
- Other
- $261
- Deferred
- $19,478
- Nontaxable benefits
- $8,637
- Filer's total
- $222,695
-
MARTIN FISHBECK PAULA
LOWER SCHOOL DIRECTOR
- Total calculated
- $212,767
- From this org
- $190,977
- From related orgs
- $0
- Other
- $21,790
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $183,219
- Bonus
- $0
- Other
- $7,758
- Deferred
- $11,152
- Nontaxable benefits
- $10,638
- Filer's total
- $212,767
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Tax indemnification and gross-up payments
- 1a · Discretionary spending account
- 1a · Housing allowance or residence for personal use
- 1a · Health or social club dues or initiation fees
- 1a · Personal services (maid, chauffeur, chef)
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- THE SCHOOL PROVIDES THE HEAD WITH A DISCRETIONARY SPENDING ACCOUNT TO CAPTURE NECESSARY BUSINESS EXPENSES SUCH AS CONFERENCES, RESIDENCE EXPENSES, MEMBERSHIP DUES, ETC. AS PER THE EMPLOYMENT CONTRACT, THE HEAD OF THE SCHOOL IS REQUIRED TO OCCUPY SCHOOL OWNED HOUSING ADJACENT TO THE SCHOOL WHERE THE HEAD ALSO REGULARLY CONDUCTS SCHOOL RELATED FUNCTIONS. THE SCHOOL PAYS FOR THE HEAD OF SCHOOL'S MEMBERSHIP IN A UNIVERSITY FACULTY CLUB WHERE THE HEAD REGULARLY ATTENDS SCHOOL-RELATED FUNCTIONS. PER THE HEAD OF SCHOOL'S EMPLOYMENT CONTRACT, THE SCHOOL PAYS FOR MAID SERVICE AT THE SCHOOL-PROVIDED HOUSE.
- PART I, LINE 4B
- FOR CALENDAR YEAR 2023, AS PART OF AN EMPLOYMENT CONTRACT AGREEMENT, THE CURRENT HEAD OF THE SCHOOL PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN 457(F) ESTABLISHED BY THE SCHOOL.
- PART II:
- OTHER REPORTABLE COMPENSATION FOR HEAD OF SCHOOL INCLUDES $39,325 SUPPLMENTAL NONQUALIFIED RETIREMENT PLAN 457(F) DEFERRED COMPENSATION PAYMENT.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
THE FUND FOR PARTNERSHIP FOR SUCCESS
501 (C) (3) · CHARITABLE FUNDRAISING · CA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 April 2025
- IRS schema version
- 2023v6.0
- Source object
- 202541069349301864
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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