EASTSIDE COLLEGE PREPARATORY SCHOOL INC

EIN: 943187806 501(c)(3) Education

EAST PALO ALTO, CA

Total Revenue
$22,764,681
Total Expenses
$12,294,512
Total Assets
$209,148,110
Net Assets
$208,280,087
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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
1993
Legal Domicile
CA
Principal Officer
MELANIE TOMASELLO
Phone
6506880850
Tax Period
2023-07-01 to 2024-06-30

EASTSIDE COLLEGE PREPARATORY SCHOOL INC, founded in 1993, is a mid-sized nonprofit in the Education sector that reported $22.8M in total revenue in fiscal year 2023. Revenue surged 60% from the prior year, signaling strong growth momentum. The organization ran a surplus of $10.5M, a strong 46% operating margin.

Mission

PREPARE LOW INCOME AND FIRST GENERATION STUDENTS TO ATTEND AND SUCCEED IN 4 YEAR COLLEGES.

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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 $10,575,571
Program Service Revenue $0
Investment Income $11,887,548
Other Revenue $301,562
TOTAL REVENUE $22,764,681

Expense Breakdown

Grants Paid $400,490
Salaries & Benefits $7,860,481
Fundraising Expenses $875,603
Program Expenses $9,402,630
Other Expenses $4,033,541
TOTAL EXPENSES $12,294,512

Year-over-Year Comparison

2023 2022 Change
Revenue $22,764,681 $14,237,238 +0.6%
Expenses $12,294,512 $11,959,198 +0.0%
Net Income $10,470,169 $2,278,040 +3.6%
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
11
Independent Members
9
Employees
86
Volunteers
200

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
3
$630,893
Total Directors
11
$451,772
Key Employees
1
$243,442
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BEN BISCONTI BOARD TRUSTEE 2.00
Director
$0 $0 $0
GEORGE BISCHOF BOARD TRUSTEE 2.00
Director
$0 $0 $0
JANET BROWNSTONE BOARD TRUSTEE 2.00
Director
$0 $0 $0
SUE GELLEN BOARD TRUSTEE 2.00
Director
$0 $0 $0
MIMI LYONS BOARD TRUSTEE 2.00
Director
$0 $0 $0
TIM RANZETTA BOARD TRUSTEE 2.00
Director
$0 $0 $0
DON VERMEIL BOARD TRUSTEE 2.00
Director
$0 $0 $0
JIM MCCANNTRUSTEE BOARD TRUSTEE 2.00
Director
$0 $0 $0
BRAD O'BRIENTRUSTEE BOARD TRUSTEE 2.00
Director
$0 $0 $0
CHRIS BISCHOF BOARD TRUSTEE/PRINCIPAL 40.00
Officer Director
$181,563 $65,323 $246,886
HELEN KIM BOARD TRUSTEE/V. PRINCIPAL 40.00
Officer Director
$180,563 $24,323 $204,886
MELANIE TOMASELLO DIRECTOR OF FINANCE 40.00
Officer
$153,819 $25,302 $179,121
ELLEN LEHMAN DIRECTOR OF DEVELOPMENT 40.00
Key Emp
$211,642 $31,800 $243,442
DARREN CHAN FACULTY MEMBER 40.00
Highest
$162,687 $19,234 $181,921
CALVIN TREMBATH FACULTY MEMBER 40.00
Highest
$140,178 $14,540 $154,718
JAYA SUBRAMANIAN FACULTY MEMBER 40.00
Highest
$123,864 $41,141 $165,005
MARLENE MULLIN FACULTY MEMBER 40.00
Highest
$133,027 $18,004 $151,031
HAI TRANFACULTY FACULTY MEMBER 40.00
Highest
$123,455 $13,723 $137,178
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 $22,764,681 $12,294,512 $209,148,110 $10,470,169
2023 $14,237,238 $11,959,198 $191,506,333 $2,278,040
2022 $19,756,515 $11,412,948 $181,036,317 $8,343,567
2021 $18,912,520 $11,010,512 $191,917,516 $7,902,008
2020 $13,237,474 $9,760,967 $149,041,945 $3,476,507
2019 $13,819,683 $9,099,608 $142,586,951 $4,720,075
2018 $13,263,227 $8,870,822 $135,886,986 $4,392,405
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