Civic Intelligence

Metropolitan Education District Foundation

990 • Fiscal year 2021 • EIN 77-0320022

Jul 01, 2020 to Jun 30, 2021 • Filed on Feb 12, 2022

Organization ProfileWWW.METROED.NET/FOUNDATION
760 Hillsdale Ave Building 400San Jose, CA 95136

(408) 723-6400

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

87th percentile

52%

Higher net margin than 87% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

64th percentile

17%

Faster asset growth than 64% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

84th percentile

77%

Faster revenue growth than 84% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets17th percentile

Assets

Up

$1,440,787

Up $212,670 (+17%) from 2020

Net Assets

Up

$1,440,787

Up $212,670 (+17%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue17th percentileNet Margin87th percentile

Revenue

Up

$122,763

Up $53,488 (+77%) from 2020

Expenses

Down

$58,392

Down $20,046 (-26%) from 2020

Net Income

Up

$64,371

Up $73,534 (+803%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth64th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $1,336,677Liabilities 2011: $2,730Net Assets 2011: $1,333,9472011Assets 2012: $1,320,263Liabilities 2012: $0Net Assets 2012: $1,320,2632012Assets 2013: $1,344,024Liabilities 2013: $0Net Assets 2013: $1,344,0242013Assets 2014: $1,393,248Liabilities 2014: $0Net Assets 2014: $1,393,2482014Assets 2015: $1,339,114Liabilities 2015: $0Net Assets 2015: $1,339,1142015Assets 2016: $1,286,250Liabilities 2016: $0Net Assets 2016: $1,286,2502016Assets 2017: $1,212,716Liabilities 2017: $0Net Assets 2017: $1,212,7162017Assets 2018: $1,242,168Liabilities 2018: $0Net Assets 2018: $1,242,1682018Assets 2019: $1,246,581Liabilities 2019: $0Net Assets 2019: $1,246,5812019Assets 2020: $1,228,117Liabilities 2020: $0Net Assets 2020: $1,228,1172020Assets 2021: $1,440,787Liabilities 2021: $0Net Assets 2021: $1,440,7872021Assets 2022: $1,421,805Liabilities 2022: $0Net Assets 2022: $1,421,8052022Assets 2023: $1,368,612Liabilities 2023: $0Net Assets 2023: $1,368,6122023Assets 2024: $1,403,019Liabilities 2024: $0Net Assets 2024: $1,403,0192024Assets 2025: $1,401,421Liabilities 2025: $0Net Assets 2025: $1,401,4212025

Highlighted filing

2021

Assets$1,440,787
Liabilities$0
Net Assets$1,440,787
Open 2021 Filing

Operations Trend

Revenue Growth84th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100K-$200KRevenue 2011: $118,884Expenses 2011: $66,750Net Income 2011: $52,1342011Expenses 2012: $58,2482012Expenses 2013: $46,5422013Revenue 2014: $34,602Expenses 2014: $59,019Net Income 2014: -$24,4172014Revenue 2015: $62,779Expenses 2015: $92,482Net Income 2015: -$29,7032015Revenue 2016: $11,822Expenses 2016: $50,136Net Income 2016: -$38,3142016Revenue 2017: $97,624Expenses 2017: $124,845Net Income 2017: -$27,2212017Revenue 2018: $40,414Expenses 2018: $17,046Net Income 2018: $23,3682018Revenue 2019: $50,997Expenses 2019: $66,166Net Income 2019: -$15,1692019Revenue 2020: $69,275Expenses 2020: $78,438Net Income 2020: -$9,1632020Revenue 2021: $122,763Expenses 2021: $58,392Net Income 2021: $64,3712021Revenue 2022: $63,428Expenses 2022: $81,409Net Income 2022: -$17,9812022Revenue 2023: $185,109Expenses 2023: $164,365Net Income 2023: $20,7442023Revenue 2024: $45,318Expenses 2024: $196,201Net Income 2024: -$150,8832024Revenue 2025: $110,377Expenses 2025: $143,691Net Income 2025: -$33,3142025

Highlighted filing

2021

Revenue$122,763
Expenses$58,392
Net Income$64,371
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Feb 12, 2022
Return Version
2020v4.0
Gross Receipts
$190,841
Mission and Program Overview

Mission

To operate for the advancement of education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,141,715$1,322,180▲ $180,465
Cash and Non-Interest-Bearing Accounts$12,698$85,162▲ $72,464
Savings and Temporary Cash Investments$21,665$17,617▼ $4,048
Prepaid Expenses and Deferred Charges$52,039$15,828▼ $36,211
Total Assets$1,228,117$1,440,787▲ $212,670
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,227,885$1,440,787▲ $212,902
Net Assets Without Donor Restrictions$232--
Total Net Assets Fund Balance$1,228,117$1,440,787▲ $212,670
Total Liabilities and Net Assets / Fund Balance$1,228,117$1,440,787▲ $212,670
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
James E StochPresident
Peter VrabelPresident
Ami NomuraDirector
Barrie MullinsDirector
Ed BarberDirector
Kevin TullyDirector
Kira FieldsDirector
Larry PararaDirector
Marc BakerSecretary
Carmen VillanuevaTreasurer
Denelle FedorTreasurer
Angelica ArellanoVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$82,458
Program Service Revenue
$0
Investment Income
$40,305
Other Revenue
$0
All Other Contributions
$82,458
Change in Net Assets
$64,371
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$43,536
Other Expenses$14,856
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$36,211--$36,211
Fees for Service Investment Mgmnt Fees-$12,327-$12,327
Grants to Domestic Orgs$7,325--$7,325
Fees for Services Accounting-$1,200-$1,200
Insurance-$748-$748
Office Expenses-$381-$381
Advertising-$200-$200
Total Functional Expenses$43,536$14,856$0$58,392
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Metropolitan Education School DistSan Jose, CAGovDonation$7,325
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The board president and vice president are provided with a copy of the form 990. At a regular board meeting, the board receives a report on the form 990.”

Form 990, Page 6, Part VI, Line 19

“Documents, policies, and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Metropolitan Education District
EIN
77-0320022
Phone
4087236400
Address
760 HILLSDALE AVE BUILDING 400, SAN JOSE, CA 95136
Doing Business As
Metroed Foundation

Signing Officer

Name
Peter Vrabel
Title
President
Phone
4087236419
Signed
2022-02-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Vrabel
Formed
1992
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
10

Preparer

Firm
Horton Mcnulty & Saeteurn Llp
Address
55 INDEPENDENCE CIRCLE, CHICO, CA 95973
Preparer
Joy L Mcnulty
Phone
5305887427
Raw XML AppendixShowing 400 of 418 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO OPERATE FOR THE ADVANCEMENT OF EDUCATION.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0200
IRS990/AdvertisingGrp/TotalAmt0200
IRS990/AllOtherContributionsAmt082458
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0STEPHANIE MARTINEZ
IRS990/BooksInCareOfDetail/PhoneNum04087236400
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0760 HILLSDALE AVENUE BLDG 400
IRS990/BooksInCareOfDetail/USAddress/CityNm0SAN JOSE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd095136
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt012698
IRS990/CashNonInterestBearingGrp/EOYAmt085162
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt082458
IRS990/CYGrantsAndSimilarPaidAmt043536
IRS990/CYInvestmentIncomeAmt040305
IRS990/CYOtherExpensesAmt014856
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt064371
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt058392
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0122763
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0TO OPERATE FOR THE BENEFIT OF THE STUDENTS OF METROPOLITAN EDUCATION SCHOOL DISTRICT.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0METROED FOUNDATION
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01227885
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01440787
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt043536
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01200
IRS990/FeesForServicesAccountingGrp/TotalAmt01200
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt012327
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt012327
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt615.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt710.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt85.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt94.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1015.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1115.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0ED BARBER
IRS990/Form990PartVIISectionAGrp/PersonNm1KIRA FIELDS
IRS990/Form990PartVIISectionAGrp/PersonNm2BARRIE MULLINS
IRS990/Form990PartVIISectionAGrp/PersonNm3AMI NOMURA
IRS990/Form990PartVIISectionAGrp/PersonNm4LARRY PARARA
IRS990/Form990PartVIISectionAGrp/PersonNm5KEVIN TULLY
IRS990/Form990PartVIISectionAGrp/PersonNm6MARC BAKER
IRS990/Form990PartVIISectionAGrp/PersonNm7CARMEN VILLANUEVA
IRS990/Form990PartVIISectionAGrp/PersonNm8DENELLE FEDOR
IRS990/Form990PartVIISectionAGrp/PersonNm9ANGELICA ARELLANO
IRS990/Form990PartVIISectionAGrp/PersonNm10JAMES E STOCH
IRS990/Form990PartVIISectionAGrp/PersonNm11PETER VRABEL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt9VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01992
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0-6855
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantAmt043536
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt036211
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt036211
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt07325
IRS990/GrantsToDomesticOrgsGrp/TotalAmt07325
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt061223
IRS990/GrossReceiptsAmt0190841
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0748
IRS990/InsuranceGrp/TotalAmt0748
IRS990/InvestmentIncomeGrp/ExclusionAmt047160
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt047160
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01141715
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01322180
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt068078
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO OPERATE FOR THE ADVANCEMENT OF EDUCATION.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01228117
IRS990/NetAssetsOrFundBalancesEOYAmt01440787
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-6855
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-6855
IRS990/NetUnrlzdGainsLossesInvstAmt0148299
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0232
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0381
IRS990/OfficeExpensesGrp/TotalAmt0381
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt052039
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015828
IRS990/PrincipalOfficerNm0PETER VRABEL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt019181
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt064133
IRS990/PYInvestmentIncomeAmt050094
IRS990/PYOtherExpensesAmt014305
IRS990/PYRevenuesLessExpensesAmt0-9163
IRS990/PYTotalExpensesAmt078438
IRS990/PYTotalRevenueAmt069275
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt064371
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt021665
IRS990/SavingsAndTempCashInvstGrp/EOYAmt017617
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE METROPOLITAN EDUCATION DISTRICT FOUNDATION IS ORGANIZED SOLELY FOR THE BENEFIT OF THE METROPOLITAN EDUCATION SCHOOL DISTRICT. ALLOCATIONS OF RESOURCES OF THE METROPOLITAN EDUCATION DISTRICT FOUNDATION SHALL BE MADE SOLELY ON THE BASIS OF PROPOSALS SUBMITTED BY THE GOVERNING BOARD OF THE METROPOLITAN EDUCATION FOUNDATION TRUST. THE SUPERINTENDENT OF THE METROPOLITAN EDUCATION SCHOOL DISTRICT SHALL SERVE ON THE BOARD OF DIRECTORS IN AN ADVISORY CAPACITY AS ON EX-OFFICIO MEMBER.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION C, LINE 1
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd0false
IRS990ScheduleA/OtherSupportSumAmt01
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0942897396
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0false
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt01
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt01
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0METROPOLITAN EDUCATION SCHOOL DIST
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt01
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TOOL KIT SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt036211
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt048
IRS990ScheduleI/RecipientTable/CashGrantAmt07325
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOV
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0DONATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0METROPOLITAN EDUCATION SCHOOL DIST
IRS990ScheduleI/RecipientTable/RecipientEIN0942897396
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0760 HILLSDALE AVE BLDG 400
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SAN JOSE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd095136
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ALL SCHOLARSHIP RECIPIENTS MUST MEET THE ESTABLISHED ELIGIBILITY CRITERIA BEFORE A SCHOLARSHIP IS GRANTED BY THE BOARD OF DIRECTORS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD PRESIDENT AND VICE PRESIDENT ARE PROVIDED WITH A COPY OF THE FORM 990. AT A REGULAR BOARD MEETING, THE BOARD RECEIVES A REPORT ON THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0METROPOLITAN EDUCATION SCHOOL DIST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0942897396
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0115
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0760 HILLSDALE AVE BLDG 6
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SAN JOSE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd095136
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt07395
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0METROPOLITAIN EDUCATION SCHOOL DIST
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01228117
IRS990/TotalAssetsEOYAmt01440787
IRS990/TotalAssetsGrp/BOYAmt01228117
IRS990/TotalAssetsGrp/EOYAmt01440787
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt082458
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt014856
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt043536
IRS990/TotalFunctionalExpensesGrp/TotalAmt058392
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01228117
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01440787
IRS990/TotalProgramServiceExpensesAmt043536
IRS990/TotalRevenueGrp/ExclusionAmt040305
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0122763
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01228117
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01440787
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0760 HILLSDALE AVENUE BUILDING 400
IRS990/USAddress/CityNm0SAN JOSE
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd095136
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0HTTPS://WWW.METROED.NET/FOUNDATION
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PETER VRABEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04087236419
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-02-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0METROPOLITAN EDUCATION DISTRICT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0METR
ReturnHeader/Filer/EIN0770320022
ReturnHeader/Filer/PhoneNum04087236400
ReturnHeader/Filer/USAddress/AddressLine1Txt0760 HILLSDALE AVE BUILDING 400
ReturnHeader/Filer/USAddress/CityNm0SAN JOSE

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,440,787
Liabilities
$0
Net assets
$1,440,787
Revenue
$122,763
Expenses
$58,392
Net income
$64,371
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.40$0.00$1.40$0.11$0.14$0.03
2024Detailed filing. Detailed filing data is available for this year.$1.40$0.00$1.40$0.05$0.20$0.15
2023Detailed filing. Detailed filing data is available for this year.$1.37$0.00$1.37$0.19$0.16$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.42$0.00$1.42$0.06$0.08$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.44$0.00$1.44$0.12$0.06$0.06
2020Detailed filing. Detailed filing data is available for this year.$1.23$0.00$1.23$0.07$0.08$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.25$0.00$1.25$0.05$0.07$0.02
2018Detailed filing. Detailed filing data is available for this year.$1.24$0.00$1.24$0.04$0.02$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$0.10$0.12$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.29$0.00$1.29$0.01$0.05$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.34$0.00$1.34$0.06$0.09$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.39$0.00$1.39$0.03$0.06$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.34$0.00$1.34$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.32$0.00$1.32$0.06
2011Summary only. Only limited summary data is available for this year.$1.34$0.00$1.33$0.12$0.07$0.05