Alto International School

Menlo Park, CAUnknown exempt organizationEIN 94-2998528Revenue $3.2M in FY2021

On file with the IRSaltoschool.org475 Pope Street · Menlo Park, CA

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To provide an outstanding International, multilingual education focused on inquiry-based learning with the goal to foster confident, creative and responsible learners and global thinkers.

76¢ of each $1 spent went to programs.
Run by 176 volunteers and 67 employees.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2021
latest Form 990
Concern: the latest return is for FY2021, 5 tax years back; more than 4 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average deficit $154K a year · 3% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$484K
to officers and key staff · 17% of spending
Fine: pay to officers and key staff is 17% of spending; 15% to 20%.
Pt VII · Sec A
Named funders
1
named funder · $13K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.2M
-55% vs prior year
Spent
$2.9M
To programs
76%
Net assets
$0
By yearFY2020–FY2021
Revenue
$3.2M
FY2021▼ -55%
Tap a bar for its year
Revenue by fiscal year
FY2020$7.0M
FY2021$3.2M
Expenses
$2.9M
FY2021▼ -62%
Tap a bar for its year
Expenses by fiscal year
FY2020$7.6M
FY2021$2.9M
Net assets
$0
FY2021▼ -100%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.1M
FY2021$0

From the FY2021 Form 990 (year ending May 2021) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

76 cents of each dollar spent went to programs.

Program services 76% · $2.2M Management & general 24% · $676K Fundraising 0% · $12K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990; $484K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Head of School
$380,417Pt VII · Sec A
Asst. Elementary Principal
$103,998Pt VII · Sec A
$0Pt VII · Sec A
Secretary (left 8/2020)
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2021FY2020
Drew Alexander$380,417$149,583
Michael Chapman—$235,277
Evelyn Lassman—$113,799
Alex Norwood—$108,678
Christina Keller$103,998—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers international, multilingual education fostering confident, creative, responsible learners and global thinkers.

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Provided by the organization

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1 program · $2.2M · in their own filed words · FY2020
01

Alto international school provides pre-k through 12 education for 187 students.

$2.2Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2021
Total grants receivedfrom 1 funder$13K
Grants paid · 2 grants · $532K · 2019–2020
Unitemized GrantFY2020$168,528
Unitemized GrantFY2019$363,208

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$3.2M
Ln 12
Fees for servicesLn 2g$2.0M
Gifts and grantsLn 1h$1.2M
Other incomeLn 4–11$6K
Money outPt IX
$2.9M
Ln 25
Programscol B$2.2M
Managementcol C$676K
Fundraisingcol D$12K
Owns and owesPt X
$0
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
11
listed · VII A
PaidVII A2
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.2M
Government grantsLn 1e$873K
Noncash giftsLn 1g$16K
Fundraising eventsLn 1c$12K
Fees for servicesLn 2g$2.0M
Investment incomeLn 3$14
Other incomeLn 4–11$6K
Total revenueLn 12$3.2M
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$0
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 567
VolunteersI 6176
Fiscal year endsHeaderMay
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$1.3M$0
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$1.4M$0
Total assetsLn 16$3.1M$0
LiabilitiesLn 26$2.0M$0
Net assetsLn 32$1.1M$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$169K$169K
Pay of current officers, directors and key staffLn 5$144K$120K$24K
Other salaries and wagesLn 7$1.2M$991K$257K
Other employee benefitsLn 9$95K$82K$13K
Payroll taxesLn 10$82K$65K$16K
Legal feesLn 11b$1K$1K
Accounting feesLn 11c$59K$59K
Other fees for servicesLn 11g$82K$27K$55K
Advertising and promotionLn 12$6K$6K
Office expensesLn 13$150K$53K$92K$5K
Information technologyLn 14$30K$30K
OccupancyLn 16$644K$574K$71K
TravelLn 17$3K$3K
Depreciation, depletion and amortizationLn 22$92K$82K$10K
InsuranceLn 23$8K$8K
Other expenses (24a–d)Ln 24$47K$9K$32K$6K
Total functional expensesLn 25$2.9M$2.2M$676K$12K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2021 Latest Viewing $3.2M$2.9M$300K$0 990 PDF
FY2020 $7.0M$7.6M−$607K$1.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $3,161,270 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $580,900$1,180,532
I-9 Program service revenuePrior year $6,320,211$1,974,701
I-10 Investment incomePrior year $177$14
I-11 Other revenuePrior year $84,179$6,023
I-12 Total revenuePrior year $6,985,467$3,161,270
I-13 Grants and similar amounts paidPrior year $363,208$168,528
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $4,534,838$1,568,698
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,694,862$1,123,910
I-18 Total expensesPrior year $7,592,908$2,861,136
I-19 Revenue less expensesPrior year −$607,441$300,134
Part VI · Governance 7 of 7 board members independent, 1 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,161,270 across 11 lines filed
VIII-1c Fundraising events$12,110
VIII-1e Government grants$873,437
VIII-1f All other contributions, gifts and grants$294,985
VIII-1g Noncash contributions (included above)$16,165
VIII-1h Total contributions, gifts and grants$1,180,532
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,974,701$1,974,701
VIII-3 Investment incomeExcluded from tax $14$14
VIII-6 Net rental income or lossExcluded from tax $5,574$5,574
VIII-8 Net income from fundraising eventsExcluded from tax −$172−$172
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $621$621
VIII-12 Total revenueRelated to mission $1,974,701 · Unrelated business $0 · Excluded from tax $6,037$3,161,270
Part IX · Statement of functional expenses $2,861,136 across 16 lines filed
IX-2 Grants to domestic individualsPrograms $168,528$168,528
IX-5 Pay of current officers, directors and key staffPrograms $119,726 · Management $24,441$144,167
IX-7 Other salaries and wagesPrograms $991,389 · Management $256,672$1,248,061
IX-9 Other employee benefitsPrograms $82,044 · Management $12,888$94,932
IX-10 Payroll taxesPrograms $65,075 · Management $16,463$81,538
IX-11b Legal feesManagement $1,411$1,411
IX-11c Accounting feesManagement $59,075$59,075
IX-11g Other fees for servicesPrograms $27,106 · Management $54,793$81,899
IX-12 Advertising and promotionManagement $6,166$6,166
IX-13 Office expensesPrograms $53,061 · Management $92,116 · Fundraising $5,030$150,207
IX-14 Information technologyManagement $30,273$30,273
IX-16 OccupancyPrograms $573,605 · Management $70,895$644,500
IX-17 TravelPrograms $2,880$2,880
IX-22 Depreciation, depletion and amortizationPrograms $81,821 · Management $10,137$91,958
IX-23 InsuranceManagement $8,315$8,315
IX-24 Other expenses (24a–d)Programs $8,853 · Management $31,884 · Fundraising $6,489$47,226
IX-25 Total functional expensesPrograms $2,174,088 · Management $675,529 · Fundraising $11,519$2,861,136
Part X · Balance sheet $0 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $947,719$0
X-2 Savings and temporary cash investmentsStart of year $339,545$0
X-3 Pledges and grants receivableStart of year $25,000$0
X-4 Accounts receivableStart of year $72,393$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $101,614$0
X-10c Land, buildings and equipment, netStart of year $1,422,448$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $225,625$0
X-16 Total assetsStart of year $3,134,344$0
X-17 Accounts payable and accrued expensesStart of year $372,741$0
X-19 Deferred revenueStart of year $564,280$0
X-25 Other liabilitiesStart of year $1,077,351$0
X-26 Total liabilitiesStart of year $2,014,372$0
X-27 Net assets without donor restrictionsStart of year $904,109$0
X-28 Net assets with donor restrictionsStart of year $215,863$0
X-32 Total net assets or fund balancesStart of year $1,119,972$0
X-33 Total liabilities and net assetsStart of year $3,134,344$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$3,161,270
XI-2 Total expenses$2,861,136
XI-3 Revenue less expenses$300,134
XI-4 Net assets at start of year$1,119,972
XI-5 Net unrealized gains (losses) on investments−$20
XI-9 Other changes in net assets−$1,420,086
XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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