SAGE HILL SCHOOL

EIN: 330729698 501(c)(3) Education

NEWPORT COAST, CA

Total Revenue
$42,733,653
Total Expenses
$34,896,174
Total Assets
$201,731,966
Net Assets
$122,356,012
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
CA
Principal Officer
PATRICIA MERZ
Phone
9492191310
Tax Period
2024-07-01 to 2025-06-30

SAGE HILL SCHOOL, founded in 1996, is a mid-sized nonprofit in the Education sector that reported $42.7M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. The organization ran a surplus of $7.8M, a strong 18% operating margin.

Mission

A PRIVATE COED HIGH SCHOOL THAT INSPIRES IN THEIR STUDENTS A LOVE OF KNOWLEDGE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $6,669,576
Program Service Revenue $32,713,445
Investment Income $3,448,921
Other Revenue $-98,289
TOTAL REVENUE $42,733,653

Expense Breakdown

Grants Paid $3,639,682
Salaries & Benefits $19,435,449
Fundraising Expenses $1,650,400
Program Expenses $27,242,491
Other Expenses $11,821,043
TOTAL EXPENSES $34,896,174

Year-over-Year Comparison

2024 2023 Change
Revenue $42,733,653 $46,257,773 -0.1%
Expenses $34,896,174 $31,910,649 +0.1%
Net Income $7,837,479 $14,347,124 -0.5%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
16
Independent Members
15
Employees
208
Volunteers
300

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
6
$1,535,204
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE BOLEN BOARD CHAIR 1.00
Officer Director
$0 $0 $0
RICK LOWE VICE CHAIR 1.00
Officer Director
$0 $0 $0
SUDESH MARIAPPA TREASURER 1.00
Officer Director
$0 $0 $0
RICHARD LEE SECRETARY 1.00
Officer Director
$0 $0 $0
PRIYAN CHANDRARATNA TRUSTEE 1.00
Director
$0 $0 $0
CHRISTOPHER CUFF TRUSTEE 1.00
Director
$0 $0 $0
MOHIT MITTAL TRUSTEE 1.00
Director
$0 $0 $0
TOM ORRADRE TRUSTEE 1.00
Director
$0 $0 $0
COLLEEN RIVERS TRUSTEE 1.00
Director
$0 $0 $0
KIM STOBART TRUSTEE 1.00
Director
$0 $0 $0
KATHY WILK TRUSTEE 1.00
Director
$0 $0 $0
ALICE XU TRUSTEE 1.00
Director
$0 $0 $0
TYLER HU TRUSTEE 1.00
Director
$0 $0 $0
JENNIFER LEE TRUSTEE 1.00
Director
$0 $0 $0
LANEY TUCKER TRUSTEE 1.00
Director
$0 $0 $0
ARMIN ZERZA TRUSTEE 1.00
Director
$0 $0 $0
PATRICIA MERZ HEAD OF SCHOOL 40.00
Officer
$950,102 $222,428 $1,172,530
JILL LIVERMORE CFOO 40.00
Officer
$333,991 $28,683 $362,674
MATTHEW BALOSSI ASSISTANT HEAD OF SCHOOL 40.00
Highest
$240,305 $106,833 $347,138
MATTHEW SAHLIN DIRECTOR OF ADVANCEMENT 40.00
Highest
$224,450 $29,483 $253,933
PETER JORDAN DIRECTOR OF ADMISSIONS AND FINANCIAL AID 40.00
Highest
$195,909 $53,792 $249,701
SANAN SHIRINIAN DIRECTOR OF SAGE CENTER 40.00
Highest
$206,711 $22,616 $229,327
BRIAN MCMAHON ARTS DEPARTMENT FACULTY & DEPARTMENT CHAIR 40.00
Highest
$182,447 $40,999 $223,446
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
2025 $42,733,653 $34,896,174 $201,731,966 $7,837,479
2024 No data No data No data No data
2023 $29,725,445 $29,740,415 $128,076,766 $-14,970
2022 $33,768,910 $26,906,820 $122,602,279 $6,862,090
2021 $28,056,747 $25,527,251 $125,265,866 $2,529,496
2020 $28,597,987 $24,923,020 $119,473,545 $3,674,967
2019 $26,678,115 $25,515,109 $116,060,983 $1,163,006
2018 $28,277,572 $23,543,847 $114,914,276 $4,733,725
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