CARLTON HOME AND SCHOOL CLUB

EIN: 770324286 501(c)(3) Education

SAN JOSE, CA

Total Revenue
$239,666
Total Expenses
$236,620
Total Assets
$153,701
Net Assets
$153,701
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
CA
Principal Officer
KELLI GHANATI
Phone
4083561141
Tax Period
2024-07-01 to 2025-06-30

CARLTON HOME AND SCHOOL CLUB, founded in 1998, is a small nonprofit in the Education sector that reported $240K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

MANY CRITICAL PROGRAMS ARE FUNDED ENTIRELY OR SIGNIFICANTLY BY THE HOME AND SCHOOL CLUB IN ORDER TO GIVE OUR CHILDREN THE EDUCATION THEY DESERVE. CALIFORNIA'S SCHOOL BUDGET FALLS SHORT OF BEING ABLE TO PROVIDE A WELL-ROUNDED EDUCATION SO THE HOME AND SCHOOL CLUB BRIDGES THAT GAP. WE FUND STUDENT PROGRAMS, TEACHER ALLOCATIONS, SCHOOL AND COMMUNITY PROGRAMS, AND HOST SPECIAL EVENTS.

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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 $259,507
Program Service Revenue $0
Investment Income $1,947
Other Revenue $-21,788
TOTAL REVENUE $239,666

Expense Breakdown

Grants Paid $10,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $230,702
Other Expenses $226,620
TOTAL EXPENSES $236,620

Year-over-Year Comparison

2024 2023 Change
Revenue $239,666 $207,096 +0.2%
Expenses $236,620 $175,205 +0.4%
Net Income $3,046 $31,891 -0.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
55

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
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EMILY TAM PRESIDENT 2.00
Officer Director
$0 $0 $0
KELLI GHANATI CO-VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MARISSA PALACIOS CO-VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
STEVE GICHUKI NDIRITU TREASURER 1.00
Officer Director
$0 $0 $0
ANTHONY PAGTAMA TREASURER 1.00
Officer Director
$0 $0 $0
ALISON HOLEYMAN COMMUNITY CO-CHAIR 1.00
Director
$0 $0 $0
DHARA VASHI PROGRAMS CO-CHAIR 1.00
Director
$0 $0 $0
KELLY WEST SECRETARY 1.00
Officer Director
$0 $0 $0
JANELLE CARMASSI COMMUNITY CO-CHAIR 1.00
Director
$0 $0 $0
KERRY WILLIAMS FUNDRAISING CHAIR 1.00
Director
$0 $0 $0
BETH WENDLAND PROGRAMS CO-CHAIR 1.00
Director
$0 $0 $0
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 $239,666 $236,620 $153,701 $3,046
2024 $207,096 $175,205 $150,655 $31,891
2023 $208,445 $222,161 $119,138 $-13,716
2022 $132,607 $126,551 $132,854 $6,056
2021 $26,544 $77,706 $126,798 $-51,162
2020 $207,469 $155,584 $177,972 $51,885
2019 $218,648 $163,186 $126,075 $55,462
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