MID-PENINSULA EDUCATION CENTER INC

EIN: 942693417 501(c)(3)

MENLO PARK, CA

Total Revenue
$9,889,635
Total Expenses
$7,025,760
Total Assets
$20,215,561
Net Assets
$16,058,849
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
CA
Principal Officer
MICHAEL FOSTER
Phone
6503211991
Tax Period
2023-07-01 to 2024-06-30

MID-PENINSULA EDUCATION CENTER INC, founded in 1980, is a community nonprofit that reported $9.9M in total revenue in fiscal year 2023. Revenue surged 71% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.9M, a strong 29% operating margin.

Mission

MID-PENINSULA EDUCATION CENTER IS AN INDEPENDENT, NON-PROFIT SCHOOL THAT SERVES STUDENTS IN GRADES 9-12. IT IS ACCREDITED BY THE CALIFORNIA ASSOCIATION OF INDEPENDENT SCHOOLS (CAIS) AND THE WESTERN ASSOCIATION OF SCHOOLS AND COLLEGES (WASC). DEDICATED TO THE BELIEF THAT ALL STUDENTS BELONG WITH EXPERT AND COMPASSIONATE TEACHERS, MID-PENINSULA EMPOWERS STUDENTS WITH THE KNOWLEDGE AND PURPOSE TO IMPACT A COMPLEX WORLD.

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,362,835
Program Service Revenue $5,490,849
Investment Income $1,001,443
Other Revenue $34,508
TOTAL REVENUE $9,889,635

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,693,631
Fundraising Expenses $56,932
Program Expenses $4,186,050
Other Expenses $2,332,129
TOTAL EXPENSES $7,025,760

Year-over-Year Comparison

2023 2022 Change
Revenue $9,889,635 $5,777,180 +0.7%
Expenses $7,025,760 $6,503,844 +0.1%
Net Income $2,863,875 $-726,664 -4.9%
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

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
16
Employees
37
Volunteers
40

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
$0
Total Directors
10
$0
Key Employees
1
$392,100
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE BOWLING TRUSTEE 1.00
Director
$0 $0 $0
SHARI DEL CARLO TRUSTEE 1.00
Director
$0 $0 $0
MIKE FOUST TRUSTEE 1.00
Director
$0 $0 $0
QUIN GARCIA TRUSTEE 1.00
Director
$0 $0 $0
MIKE GORDON TRUSTEE 1.00
Director
$0 $0 $0
CARRIE JEFFRIES TRUSTEE 1.00
Director
$0 $0 $0
JOHN NORTHWAY TRUSTEE 1.00
Director
$0 $0 $0
GREGORIO PREITO TRUSTEE 1.00
Director
$0 $0 $0
CATHY SHELBURNE TRUSTEE 1.00
Director
$0 $0 $0
ROSALIE WHITLOCK TRUSTEE 1.00
Director
$0 $0 $0
PHIL ABRAHAMSON CHAIR 1.00
Officer
$0 $0 $0
MICHAEL FOSTER TREASURER 1.00
Officer
$0 $0 $0
CLINT ORAM VICE CHAIR 1.00
Officer
$0 $0 $0
ANDREA POTISCHMAN SECRETARY 1.00
Officer
$0 $0 $0
ANNA L WARING VICE CHAIR 1.00
Officer
$0 $0 $0
KAREN ESHOO HEAD OF SCHOOL 40.00
Key Emp
$392,100 $0 $392,100
JORGE RODRIQUEZ DIR OF TEACHING 40.00
Highest
$152,327 $0 $152,327
HENRY TREVOR DIR OF DEVELOPMENT 40.00
Highest
$155,666 $0 $155,666
WENDI WELLS COUNSELOR 40.00
Highest
$155,307 $0 $155,307
HEIDI SCHIESSLER ASSISTANT HEAD OF SCHOOL 40.00
Highest
$141,700 $0 $141,700
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 No data No data No data No data
2024 $9,889,635 $7,025,760 $20,215,561 $2,863,875
2023 $5,777,180 $6,503,844 $17,390,921 $-726,664
2022 $6,897,940 $6,249,157 $16,768,766 $648,783
2021 $8,750,949 $5,507,123 $17,779,525 $3,243,826
2020 $5,345,075 $5,128,074 $14,389,649 $217,001
2019 $5,010,491 $4,730,372 $12,939,045 $280,119
2018 $4,787,817 $4,358,943 $12,801,139 $428,874
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