2024-05-03T14:38:00-05:00 2023-06-30 111986323 MARCUM LLP 111 WEST SAINT JOHN STREET SUITE 515 SAN JOSE CA 95113 990 2022-07-01 943187806 EASTSIDE COLLEGE PREPARATORY SCHOOL INC EAST 6506880850 1041 MYRTLE STREET EAST PALO ALTO CA 94303 MELANIE TOMASELLO DIRECTOR OF FINANCE 6506880850 2024-05-02 1 MELANIE TOMASELLO XXX-XX-XXXX 0 ROGER BULOSAN P00221282 6692329500 2024-05-02 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MELANIE TOMASELLO 1041 MYRTLE STREET EAST PALO ALTO CA 94303 23003323 0 X WWW.EASTSIDE.ORG X 1993 CA PREPARE LOW INCOME AND FIRST GENERATION STUDENTS TO ATTEND AND SUCCEED IN 4 YEAR COLLEGES. 10 8 87 200 323952 323952 12047082 10884677 0 0 7061307 2816604 648126 535957 19756515 14237238 606814 647628 0 0 6899027 7268109 0 0 930757 3907107 4043461 11412948 11959198 8343567 2278040 181036317 191506333 924418 1077565 180111899 190428768 X AT EASTSIDE COLLEGE PREPARATORY SCHOOL WE ARE COMMITTED TO OPENING NEW DOORS FOR STUDENTS HISTORICALLY UNDERREPRESENTED IN HIGHER EDUCATION. (CONTINUED ON SCHEDULE O) OUR CHALLENGING AND ENGAGING CURRICULUM ENABLES STUDENTS TO DISCOVER THEIR INTELLECTUAL STRENGTHS, SHARPEN THEIR ACADEMIC SKILLS, AND EMBRACE NEW OPPORTUNITIES IN A CULTURE OF LEARNING THAT SUPPORTS THE POTENTIAL OF EVERY STUDENT TO ENTER AND SUCCEED IN A FOUR-YEAR COLLEGE AND BEYOND.EASTSIDE STUDENTS WHO ARE THE FIRST IN THEIR FAMILIES TO GO TO COLLEGE CREATE A RIPPLE EFFECT, CHANGING THEIR OWN LIVES, THE LIVES OF THEIR FAMILIES, AND THE LIFE OF THEIR COMMUNITY. 0 0 9244598 647628 354004 DURING THE 2022-23 ACADEMIC YEAR, EASTSIDE COLLEGE PREPARATORY SCHOOL EDUCATED 260 STUDENTS IN GRADES NINE THROUGH TWELVE, AND PROVIDED RESIDENTIAL PROGRAMMING TO 85 OF THOSE STUDENTS. EASTSIDE ALSO PROVIDED ON-GOING SUPPORT AND GUIDANCE TO ITS 230 ALUMNI CURRENTLY ENROLLED IN COLLEGE. 9244598 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 16 0 1 87 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 10 8 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X MELANIE TOMASELLO DIRECTOR OF FINA 6506880850 1041 MYRTLE STREET EAST PALO ALTO CA 943032027 BEN BISCONTI BOARD TRUSTEE 2.00 X 0 0 0 GEORGE BISCHOF BOARD TRUSTEE 2.00 X 0 0 0 JANET BROWNSTONE BOARD TRUSTEE 2.00 X 0 0 0 BILL ELMORE BOARD TRUSTEE 2.00 X 0 0 0 BRAD O'BRIEN BOARD TRUSTEE 2.00 X 0 0 0 TIM RANZETTA BOARD TRUSTEE 2.00 X 0 0 0 DON VERMEIL BOARD TRUSTEE 5.00 X 0 0 0 CHRIS BISCHOF BOARD TRUSTEE/PRINCIPAL 40.00 X X 176267 0 63576 HELEN KIM BOARD TRUSTEE/V. PRINCIPAL 40.00 X X 176267 0 21576 SUE GELLEN BOARD TRUSTEE 2.00 X 0 0 0 MELANIE TOMASELLO DIRECTOR OF FINANCE 40.00 X 165251 0 21336 ELLEN LEHMAN DIRECTOR OF DEVELOPMENT 40.00 X 205149 0 30635 DARREN CHAN FACULTY MEMBER 40.00 X 152290 0 15324 CALVIN TREMBATH FACULTY MEMBER 40.00 X 129904 0 13854 EUN-MEE JEONG DIRECTOR OF ALUMNI SERVICE 40.00 X 150874 0 16403 JAYA SUBRAMANIAN FACULTY MEMBER 40.00 X 122765 0 38789 MARLENE MULLIN FACULTY MEMBER 40.00 X 127708 0 16967 1406475 0 238460 9 0 1 0 0 10884677 342595 10884677 2916015 323952 2592063 181953 0 181953 181953 181953 8666674 8766085 -99411 -99411 -99411 OTHER REVENUE 900099 354004 354004 354004 14237238 354004 323952 2674605 647628 647628 824914 312679 234158 278077 5065010 4232656 443274 389080 206282 180754 16585 8943 717941 611028 70339 36574 453962 364613 50456 38893 2765 2765 97405 97405 592377 592377 7197 4425 2772 623752 605573 10266 7913 689243 553586 76606 59051 269075 269075 1047116 841023 116382 89711 143041 114888 15898 12255 FOOD 238007 238007 EQUIPMENT & SUPPLIES 131523 71966 54560 4997 CURRICULUM AND STUDENT 119281 119281 EVENTS 82679 77416 5263 11959198 9244598 1783843 930757 1815944 814545 2640539 254880 1047481 728403 18485 17456 114079 153344 54821757 17396400 37263285 37425357 91481009 108253093 46655495 43859255 181036317 191506333 924418 1077565 924418 1077565 X 100939939 110204866 79171960 80223902 180111899 190428768 181036317 191506333 X 2278040 8362781 -323952 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 138136504 264510 10238486 262508 148376992 148692775 1017100 -13056271 -1482900 138136504 106641949 1986702 38893631 -1170493 148692775 99023782 611948 4970980 -2035239 106641949 93329660 650032 4525368 -518722 99023782 0.48000 0.29000 0.23000 0 0 14203258 14203258 36601364 15958146 20643218 1486489 209689 1276800 1633686 1228565 405121 896960 896960 37425357 COMMONFUND CAPITAL PARTNERS 2000 15275 F COMMONFUND CAPITAL PARTNERS-NATURAL RESOURCES VII 68311 F COMMONFUND - INT'L PRIVATE EQUITY PARTNERS VI 54088 F COMMONFUND - PRIVATE EQUITY PARTNERS VII 148924 F COMMONFUND - VENTURE PARTNERS VIII 339323 F COMMONFUND - GLOBAL DISTRESSED INVESTORS 32017 F MEP-SIDE POCKET PORTFOLIO 2017 640513 F MEP-SIDE POCKET PORTFOLIO 2019 6732090 F MAKENA PERPETUAL PRIVATE EQUITY FUND, L.P. 18165358 F MAKENA PERPETUAL VENTURE CAPITAL FUND, L.P. 13393851 F MAKENA PERPETUAL US REAL ESTATE FUND, L.P. 4269505 F 43859255 X 21683691 8362781 8362781 13320910 916328 916328 14237238 11366822 0 11366822 592376 592376 11959198 PART V, LINE 4: THE SCHOOL INTENDS TO USE THE EARNINGS FROM ITS ENDOWMENT FUND TO SUPPORT ITS PROGRAMS. PART X, LINE 2: THE SCHOOL IS A QUALIFIED ORGANIZATION EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC") AND SECTION 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE, RESPECTIVELY. U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE THE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE SCHOOL HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE-LIKELY-THAN-NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT EVALUATED THE TAX POSITIONS AND CONCLUDED THAT IT MAINTAINED ITS TAX-EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR UNKNOWN INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. THE SCHOOL'S TAX RETURNS ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. HOWEVER, THERE ARE NO EXAMINATIONS IN PROGRESS NOR ARE THERE ANY PENDING. PART XI, LINE 4B - OTHER ADJUSTMENTS: NET UNRELATED BUSINESS INCOME 323,952. INVESTMENT FEES NETTED IN AUDITED REVENUE 592,377. ROUNDING -1. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENTS FEES NETTED IN AUDITED REVENUE 592,377. ROUNDING -1. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 EASTSIDE DISPLAYS A NOTICE OF ITS RACIALLY NONDISCRIMINATORY POLICY ON ITS PRIMARY PUBLICLY ACCESSIBLE INTERNET HOMEPAGE. IT IS DISPLAYED AT ALL TIMES IN A MANNER REASONABLY EXPECTED TO BE NOTICED BY VISITORS TO THE HOMEPAGE. 1 ALUMNI COLLEGE SCHOLARSHIPS 91 647628 PART I, LINE 2: SCHOLARSHIP RECIPIENTS ARE SELECTED FROM THE POOL OF ALL GRADUATES OF EASTSIDE SCHOOL BASED ON FINANCIAL NEED, OVERALL ACADEMIC RECORD AND ACHIEVEMENTS, LEADERSHIP QUALITIES, INVOLVEMENT IN EXTRACURRICULAR AND COMMUNITY ACTIVITIES. EACH MAY, OUR SCHOLARSHIP COMMITTEE, INCLUDING THE PRINCIPAL, VICE PRINCIPAL, DIRECTOR OF COLLEGE COUNSELING, DIRECTOR OF ALUMNI SERVICES, AND DIRECTOR OF DEVELOPMENT, MEETS FREQUENTLY TO REVIEW STUDENTS' FINANCIAL AID PACKAGES AND UPDATES AS THEY ARRIVE. WE MAKE OUR SCHOLARSHIP AWARDS DURING THIS MONTH. THE DIRECTOR OF COLLEGE COUNSELING OR THE DIRECTOR OF ALUMNI SERVICES MEETS WITH EACH STUDENT TO SHARE THE NEWS OF THE AWARD AND ITS TERMS, WHICH GENERALLY SPECIFY THAT THE STUDENT MUST BE A FULL-TIME STUDENT TO REMAIN ELIGIBLE FOR THE SCHOLARSHIP, AND INCLUDES PROVIDING EASTSIDE WITH THE STUDENT'S CAMPUS LOG-IN INFORMATION AND PASSWORD TO ALLOW US TO RETRIEVE TRANSCRIPTS AND STAY APPRISED OF THE STUDENT'S PROGRESS. X 1 1 X X X 0 0 0 0 0 0 0 0 0 CHRIS BISCHOF BOARD TRUSTEE/PRINCIPAL 176267 0 0 0 0 0 8813 0 54763 0 239843 0 0 0 ELLEN LEHMAN DIRECTOR OF DEVELOPMENT 175149 0 30000 0 0 0 10346 0 20289 0 235784 0 0 0 HELEN KIM BOARD TRUSTEE/V. PRINCIPAL 176267 0 0 0 0 0 8813 0 12763 0 197843 0 0 0 MELANIE TOMASELLO DIRECTOR OF FINANCE 165251 0 0 0 0 0 8302 0 13034 0 186587 0 0 0 DARREN CHAN FACULTY MEMBER 152290 0 0 0 0 0 7614 0 7710 0 167614 0 0 0 EUN-MEE JEONG DIRECTOR OF ALUMNI SERVICE 150874 0 0 0 0 0 7544 0 8859 0 167277 0 0 0 JAYA SUBRAMANIAN FACULTY MEMBER 122765 0 0 0 0 0 6138 0 32651 0 161554 0 0 0 PART I, LINE 1A CHRIS BISCHOF, PRINCIPAL, LIVES IN EASTSIDE'S 1064 BEECH ST. HOUSE - ESTIMATED AT $2,400/MO. AS PART OF THE PRINCIPAL'S JOB DESCRIPTION, HE IS REQUIRED TO LIVE ON CAMPUS IN ORDER TO PROVIDE SUPERVISION OF EVENING AND WEEKEND EVENTS, SECURITY DURING NON-SCHOOL HOURS AND ON-CALL DUTY FOR EMERGENCY SITUATIONS. X 20 THRIFT SHOP RESALE VALUE X 21 254888 FMV X GRAND PIANO 1 54128 APPRAISAL X TECHNOLOGY EQUIPMENT 31 25065 RESALE VALUE X CURRICULUM & SUPPLIES 112 8494 RESALE VALUE 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 INDEPENDENT BOARD MEMBER GEORGE BISCHOF IS THE BROTHER OF CHRIS BISCHOF, BOARD MEMBER AND PRINCIPAL. FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE COPY OF THE FORM 990 IS EMAILED TO THE FULL BOARD PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, OFFICERS AND TRUSTEES SIGN A STATEMENT AFFIRMING THAT THEY HAVE READ AND UNDERSTOOD THE POLICY AND AGREE TO COMPLY WITH IT. THESE STATEMENTS ARE MAINTAINED IN THE FINANCE OFFICE. THE FINANCE OFFICE ALSO MONITORS ANY TRANSACTIONS BETWEEN DIRECTORS, TRUSTEES, AND THE SCHOOL AND WOULD FLAG ANY INSTANCE THAT MIGHT RESULT IN A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 EASTSIDE HAS A COMPENSATION COMMITTEE MADE UP OF THREE INDEPENDENT TRUSTEES, THE PRINCIPAL, AND THE VICE PRINCIPAL. THE COMMITTEE MEETS ANNUALLY TO REVIEW THE SALARIES FOR THE PRINCIPAL, VICE PRINCIPAL, AND DIRECTOR OF FINANCE, IN ADDITION TO SETTING THE TEACHER SALARY SCALE AND DETERMINING THE STAFF SALARY INCREASES FOR THE YEAR. (THE PRINCIPAL AND VICE PRINCIPAL EXCUSE THEMSELVES FOR THE EXECUTIVE SALARY DECISIONS AND THUS DO NOT PARTICIPATE IN APPROVING THEIR OWN SALARIES.) COMPARABILITY DATA AND MINUTES OF THE MEETING ARE MAINTAINED IN THE FINANCE OFFICE. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST. FORM 990, PART XI, LINE 9: UNRELATED BUSINESS INCOME -323,952. FORM 990, PART XII, LINE 2C: THERE IS NO CHANGE IN THE PROCESS FROM THE PRIOR YEAR.