ALLIANCE SUSAN AND ERIC SMIDT TECHNOLOGY HIGH SCHOOL

EIN: 274320694 501(c)(3)

LOS ANGELES, CA

Total Revenue
$8,085,736
Total Expenses
$7,330,150
Total Assets
$1,768,944
Net Assets
$543,534
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
CA
Principal Officer
DAVID LAUCK
Phone
2139434930
Tax Period
2018-07-01 to 2019-06-30

ALLIANCE SUSAN AND ERIC SMIDT TECHNOLOGY HIGH SCHOOL, founded in 2010, is a community nonprofit that reported $8.1M in total revenue in fiscal year 2018. Expenses of $7.3M left a modest 9% surplus.

Mission

THE PURPOSE AND MISSION OF THE ORGANIZATION IS TO ESTABLISH AND MAINTAIN THE HIGHEST-QUALITY EDUCATIONAL PROGRAM FOR HIGH SCHOOL STUDENTS IN A SMALL SCHOOL ENVIRONMENT WITH SMALL LEARNING COMMUNITIES THAT ARE FOCUSED ON ASSURING THAT STUDENTS ACHIEVE PROFICIENT TO ADVANCED STUDENT PERFORMANCE ON STATE STANDARDS AND ON PREPARING ALL STUDENTS TO ENTER AND SUCCEED IN COLLEGE.

Program Service Accomplishments

Program 1
Expenses: $7,330,150 Revenue: $8,034,172

ALLIANCE SUSAN AND ERIC SMIDT TECHNOLOGY HIGH SCHOOL IS A NONPROFIT PUBLIC CHARTER SCHOOL DESIGNED TO SERVE GRADE 9 THROUGH 12 STUDENTS IN THE LOS ANGELES UNIFIED SCHOOL DISTRICT ON A 185-DAY...

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ALLIANCE SUSAN AND ERIC SMIDT TECHNOLOGY HIGH SCHOOL IS A NONPROFIT PUBLIC CHARTER SCHOOL DESIGNED TO SERVE GRADE 9 THROUGH 12 STUDENTS IN THE LOS ANGELES UNIFIED SCHOOL DISTRICT ON A 185-DAY, SINGLE-TRACK, NON-YEAR-ROUND CALENDAR.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $2,750
Program Service Revenue $8,034,172
Investment Income $552
Other Revenue $48,262
TOTAL REVENUE $8,085,736

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,694,158
Fundraising Expenses $0
Program Expenses $7,330,150
Other Expenses $2,635,992
TOTAL EXPENSES $7,330,150

Year-over-Year Comparison

2018 2017 Change
Revenue $8,085,736 $7,684,883 +0.1%
Expenses $7,330,150 $8,711,764 -0.2%
Net Income $755,586 $-1,026,881 -1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
6
Employees
93
Volunteers
30

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$525,725
Total Directors
10
$339,170
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARIA BECERRA BOARD MEMBER/PARENT 1.00
Director
$0 $0 $0
VERONICA CAMPOS BOARD MEMBER/PARENT 1.00
Director
$0 $0 $0
TYLER DALY BOARD MEMBER/TEACHER (UNTIL 6/14/18) 35.00
Director
$41,451 $11,548 $52,999
GABRIELLA GALLEGOS BOARD MEMBER/TEACHER 35.00
Director
$78,241 $23,538 $101,779
CURTIS JACKSON BOARD MEMBER 1.00
Director
$0 $0 $0
SHLOMY KATTAN BOARD MEMBER 1.00
Director
$0 $0 $0
HOWARD LAPPIN BOARD MEMBER 1.00
Director
$0 $0 $97,500
ELIZABETH MACIAS BOARD MEMBER/TEACHER 35.00
Director
$68,696 $18,196 $86,892
LEANDRO OTERO BOARD MEMBER/SECRETARY 1.00
Officer Director
$0 $0 $0
IRINA CONSTANTIN BOARD MEMBER/CHAIR 1.00
Officer Director
$0 $0 $0
OSCAR ROMERO PRINCIPAL (PRINCIPAL AS OF 1/1/19) 40.00
Officer
$102,945 $27,302 $130,247
DEAN MAROLLA-TURNER PRINCIPAL (UNTIL 7/1/18) 40.00
Officer
$146,707 $27,390 $174,097
DAVID LAUCK CHIEF FINANCIAL OFFICER 1.00
Officer
$0 $26,705 $221,381
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2019 $8,085,736 $7,330,150 $1,768,944 $755,586
2019 $3,984,736 $3,882,127 No data $102,609
2018 $7,684,883 $8,711,764 $2,016,451 $-1,026,881
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