MT ALVERNO HIGH SCHOOL

EIN: 953331866 501(c)(3) Education

Sierra Madre, CA

Total Revenue
$3,997,495
Total Expenses
$3,555,061
Total Assets
$6,307,836
Net Assets
$62,479
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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
1978
Legal Domicile
CA
Principal Officer
JOANNE D HARABEDIAN
Phone
6263553563
Tax Period
2024-07-01 to 2025-06-30

MT ALVERNO HIGH SCHOOL, founded in 1978, is a community nonprofit in the Education sector that reported $4.0M in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $3.6M left a modest 11% surplus.

Mission

TO EMPOWER EACH STUDENT BY PROVIDING A CATHOLIC EDUCATION.

Program Service Accomplishments

Program 1
Expenses: $2,573,780 Revenue: $3,173,560

TUITON AND FEE INCOME ENABLE THE SCHOOL TO PROVIDE HIGHER EDUCATION AND FOSTER LIFE OF RESPONSIBILITY, RESPECT, AND ACCOUNTABILITY IN AN INTERDEPENDENT GLOBAL COMMUNITY FOR APPROXIMATELY 280 STUDENTS.

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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 $241,815
Program Service Revenue $3,173,560
Investment Income $0
Other Revenue $582,120
TOTAL REVENUE $3,997,495

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,081,795
Fundraising Expenses $151,477
Program Expenses $2,573,780
Other Expenses $1,473,266
TOTAL EXPENSES $3,555,061

Year-over-Year Comparison

2024 2023 Change
Revenue $3,997,495 $4,495,963 -0.1%
Expenses $3,555,061 $3,579,036 0.0%
Net Income $442,434 $916,927 -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

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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
10
Independent Members
10
Employees
29
Volunteers
250

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
4
$244,493
Total Directors
10
$244,493
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOANNE D HARABEDIAN HEAD OF SCHOOL 40.00
Officer Director
$142,593 $2,575 $145,168
ANDREA BERTOLLINI DIRECTOR OF FACILITIES 40.00
Highest
$110,444 $6,492 $116,936
RICHARD MARTINEZ ASST HEAD OF SCHOOL 1.00
Officer Director
$96,750 $2,575 $99,325
KENNETH FAEFSING PRESIDENT 1.00
Officer Director
$0 $0 $0
JULIE DYER-LOPEZ TREASURER 1.00
Officer Director
$0 $0 $0
PATRICK BOWLER JR TRUSTEE 1.00
Director
$0 $0 $0
FR MICHAEL COOPER TRUSTEE 1.00
Director
$0 $0 $0
RUNNING BEAR BUNCH TRUSTEE 1.00
Director
$0 $0 $0
JIM SIEGRIST TRUSTEE 1.00
Director
$0 $0 $0
ROSA MANRIQUEZ IHM CHAIR 1.00
Director
$0 $0 $0
DEBBIE SEANEZ TRUTEE 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 $3,997,495 $3,555,061 $6,307,836 $442,434
2024 No data No data No data No data
2023 $5,381,633 $6,944,500 $5,928,152 $-1,562,867
2022 $7,027,371 $7,156,312 $7,642,340 $-128,941
2021 $6,547,783 $6,978,270 $8,352,828 $-430,487
2020 $3,708,599 $5,244,173 $7,462,925 $-1,535,574
2019 $4,574,599 $5,078,480 $6,185,082 $-503,881
2018 $4,281,016 $4,939,568 $4,908,168 $-658,552
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