Civic Intelligence

Menlo College

990 • Fiscal year 2018 • EIN 94-3204136

Jul 01, 2017 to Jun 30, 2018 • Filed on Feb 13, 2019

1000 El Camino RealAtherton, CA 94027

(650) 543-3753

Siviq Scores

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

Liabilities / Assets

40th percentile

0.16x

Higher debt load relative to assets than 40% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

30th percentile

0.14x

Higher debt load relative to revenue than 30% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Net Margin

39th percentile

1.1%

Higher net margin than 39% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Top Officer Pay

87th percentile

$589,620

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Asset Growth

4th percentile

-15%

Faster asset growth than 4% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Revenue Growth

48th percentile

4.3%

Faster revenue growth than 48% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Assets

Down

$36,362,008

Down $6,564,026 (-15%) from 2017

Net Assets

Up

$30,485,813

Up $901,803 (+3.0%) from 2017

Liabilities

Down

$5,876,195

Down $7,465,829 (-56%) from 2017

Revenue

Up

$42,262,350

Up $1,746,706 (+4.3%) from 2017

Expenses

Up

$41,799,775

Up $1,095,056 (+2.7%) from 2017

Net Income

Up

$462,575

Up $651,650 (+345%) from 2017

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2010: $71,251,742Liabilities 2010: $12,137,306Net Assets 2010: $59,114,4362010Assets 2011: $69,802,024Liabilities 2011: $13,954,049Net Assets 2011: $55,847,9752011Assets 2012: $74,363,272Liabilities 2012: $17,786,887Net Assets 2012: $56,576,3852012Assets 2013: $68,210,111Liabilities 2013: $13,068,869Net Assets 2013: $55,141,2422013Assets 2014: $69,974,241Liabilities 2014: $13,795,105Net Assets 2014: $56,179,1362014Assets 2015: $66,559,832Liabilities 2015: $12,668,006Net Assets 2015: $53,891,8262015Assets 2016: $44,583,864Liabilities 2016: $16,683,138Net Assets 2016: $27,900,7262016Assets 2017: $42,926,034Liabilities 2017: $13,342,024Net Assets 2017: $29,584,0102017Assets 2018: $36,362,008Liabilities 2018: $5,876,195Net Assets 2018: $30,485,8132018Assets 2019: $37,890,083Liabilities 2019: $8,854,343Net Assets 2019: $29,035,7402019Assets 2020: $36,820,361Liabilities 2020: $7,336,687Net Assets 2020: $29,483,6742020Assets 2021: $48,235,643Liabilities 2021: $5,097,812Net Assets 2021: $43,137,8312021Assets 2022: $65,698,945Liabilities 2022: $7,717,294Net Assets 2022: $57,981,6512022Assets 2023: $62,566,840Liabilities 2023: $8,430,701Net Assets 2023: $54,136,1392023Assets 2024: $64,047,051Liabilities 2024: $7,817,174Net Assets 2024: $56,229,8772024

Highlighted filing

2018

Assets$36,362,008
Liabilities$5,876,195
Net Assets$30,485,813

Operations Trend

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

$80M$60M$40M$20M$0-$20MExpenses 2010: $26,819,8722010Expenses 2011: $29,598,8992011Expenses 2012: $31,440,4732012Expenses 2013: $34,480,0642013Revenue 2014: $35,360,096Expenses 2014: $36,087,624Net Income 2014: -$727,5282014Revenue 2015: $37,472,041Expenses 2015: $38,966,226Net Income 2015: -$1,494,1852015Revenue 2016: $36,769,641Expenses 2016: $39,787,069Net Income 2016: -$3,017,4282016Revenue 2017: $40,515,644Expenses 2017: $40,704,719Net Income 2017: -$189,0752017Revenue 2018: $42,262,350Expenses 2018: $41,799,775Net Income 2018: $462,5752018Revenue 2019: $42,695,265Expenses 2019: $43,753,489Net Income 2019: -$1,058,2242019Revenue 2020: $51,451,662Expenses 2020: $49,717,629Net Income 2020: $1,734,0332020Revenue 2021: $52,004,358Expenses 2021: $44,844,700Net Income 2021: $7,159,6582021Revenue 2022: $68,848,342Expenses 2022: $50,894,343Net Income 2022: $17,953,9992022Revenue 2023: $56,911,932Expenses 2023: $58,873,954Net Income 2023: -$1,962,0222023Revenue 2024: $62,621,408Expenses 2024: $61,632,528Net Income 2024: $988,8802024

Highlighted filing

2018

Revenue$42,262,350
Expenses$41,799,775
Net Income$462,575
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Feb 13, 2019
Return Version
2017v2.3
Gross Receipts
$43,075,639
Mission and Program Overview

Mission

Menlo college was founded in 1927 as a component of menlo school and college. On july 1, 1994, the college commenced operations as a separate, non-profit, coeducational institution of higher education. The separation between menlo school and menlo college was finalized in 2008. Today menlo operates as a small, innovative, private residential college recognized by u.s. News & world report and the princeton review for the excellence of its programs.

To develop future leaders through a liberal arts-based business education that integrates academic study and fieldwork in a silicon valley environment unmatched in its potential for innovation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$16,774,605$16,430,636▼ $343,969
Land, Buildings, and Equipment, Net$7,513,832$9,251,194▲ $1,737,362
Investments Other Securities$6,139,529$6,226,922▲ $87,393
Savings and Temporary Cash Investments$2,435,492$2,180,722▼ $254,770
Accounts Receivable$8,630,315$1,022,445▼ $7,607,870
Cash and Non-Interest-Bearing Accounts$460,723$418,142▼ $42,581
Prepaid Expenses and Deferred Charges$462,941$291,924▼ $171,017
Pledges and Grants Receivable$332,900$240,633▼ $92,267
Inventories for Sale or Use$24,441$17,414▼ $7,027
Total Assets$42,926,034$36,362,008▼ $6,564,026
Other Assets Total$151,256$281,976▲ $130,720
Liabilities
Deferred Revenue$11,356,644$3,176,617▼ $8,180,027
Accounts Payable and Accrued Expenses$1,858,554$2,564,211▲ $705,657
Other Liabilities$126,826$135,367▲ $8,541
Total Liabilities$13,342,024$5,876,195▼ $7,465,829
Net Assets / Fund Balance
Unrestricted Net Assets$16,236,409$18,131,646▲ $1,895,237
Permanently Rstr Net Assets$7,593,295$7,615,004▲ $21,709
Temporarily Rstr Net Assets$5,754,306$4,739,163▼ $1,015,143
Total Net Assets Fund Balance$29,584,010$30,485,813▲ $901,803
Total Liabilities and Net Assets / Fund Balance$42,926,034$36,362,008▼ $6,564,026

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,644,068$9,159,903$15,803,971
Other Land Buildings$1,831,371$3,988,404$5,819,775
Equipment$573,255$2,001,571$2,574,826
Land$202,500-$202,500
Other Securities$5,458,749--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$11,807,978$14,115▲ $1,035,048-$12,857,141
2016$10,380,784$4,565▲ $1,672,629$250,000$11,807,978
2015$10,956,560$16,415▼ $342,191$250,000$10,380,784
2014$10,980,132$104,666▲ $121,762$250,000$10,956,560
2013$9,371,014$348,767▲ $1,510,351$250,000$10,980,132
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard MoranPresident (thru 8/17)FT$294,838$294,782$589,620
Steven WeinerPresident (start 1/18)FT$276,954$57,962$334,916
Terry GivensProvostFT$226,252$30,716$256,968
Robert PatonProfessorFT$180,110$14,906$195,016
De SoumendraProfessorFT$165,601$26,675$192,276
Tim ChiochiosDirector of Business AffairsFT$160,598$26,341$186,939
Dima LeshchinskiiProfessorFT$151,296$25,496$176,792
Stephanie DellandeProfessorFT$153,743$21,947$175,690

Board Members and Trustees

NameTitle
Geir RamlethChairman (thru 10/18)
Micah KaneVice Chairman (thru 10/18)
Andrea CunninghamTrustee
Ben WagnerTrustee
Chris GarrettTrustee
David C IrmerTrustee
Howard DallmarTrustee
J Michael GullardTrustee
James a DavlinTrustee
Jordan LongTrustee
Larry LopezTrustee
Laurie ShawTrustee
Tom ByersTrustee
Alma Clayton-pedersenTrustee (start 1/18)
Sean MendyTrustee (thru 1/18)
Tyler Edelstein TuttleTrustee (thru 12/18)
Connor LimontTrustee (thru 2/18)
William RedmonTrustee (thru 4/18)
Lee CaraherTrustee (thru 9/17)

Highest Paid Contractors

ContractorServicesLocationCompensation
Sodexo INCFood Services1300 N VERMONT AVE, Los Angeles, CA 90027$2,485,820
Jd MathewsConstruction92220 RANCHO HILLS DR, Gilroy, CA 95020$445,641
Gachina Landscape Mgmt INCLandscaping Svcs.1130 OBRIEN DR, Menlo Park, CA 94025$304,832
Genesis Building SvcsJanitorial ServicesPO BOX 25360, San Mateo, CA 94402$279,766
Allied Universal Security SvcsSecurity Guard Svcs.PO BOX 31001-2374, Pasadena, CA 91110-2374$205,217
Revenue and Support

Revenue Composition

Contributions and Grants
$2,797,294
Program Service Revenue
$36,742,879
Investment Income
$1,521,539
Other Revenue
$1,200,638
All Other Contributions
$2,730,168
Change in Net Assets
$462,575

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$26,319Fair Market Value (FMV)
Cars and Other Vehicles1$8,500Fair Market Value (FMV)
Other Non Cash Contri Table1$5,969Fair Market Value (FMV)
Total Noncash Contributions3$40,788-

Audited Revenue Reconciliation

Revenue per Audited Statements
$42,152,491
Revenue Not Reported on Financial Statements
$109,859
Revenue Not Reported on Form 990
$-14,299,426
Total Revenue per Audited Statements
$27,853,065
Total Revenue per Form 990
$42,262,350
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$15,642,336
Salaries, Compensation, and Employee Benefits$14,337,976
Other Expenses$11,819,463
Total Fundraising Expense$272,613
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$15,642,336--$15,642,336
Other Salaries and Wages$8,372,201$2,157,050$99,800$10,629,051
Depreciation Depletion$1,449,302$76,279-$1,525,581
Other Employee Benefits$622,811$641,246$7,267$1,271,324
Occupancy$975,030$272,925-$1,247,955
Fees for Services Other$604,009$452,603$75,125$1,131,737
Current Officers, Directors, Trustees, and Key Employees$226,252$709,101-$935,353
Travel$869,182$16,764$909$886,855
Payroll Taxes$582,485$188,652$5,482$776,619
Pension Plan Contributions$479,951$239,972$5,706$725,629
Insurance$547,113$161,362-$708,475
Information Technology-$540,681-$540,681
Advertising$308,101$75,122$8,000$391,223
Office Expenses$100,471$53,897$28,853$183,221
Fees for Services Legal-$155,785-$155,785
Fees for Service Investment Mgmnt Fees-$110,354-$110,354
Other Expenses$59,655$35,689$2,201$97,545
Fees for Services Accounting-$89,062-$89,062
Conferences and Meetings$79,253$3,864$1,901$85,018
Total Functional Expenses$35,162,527$6,364,635$272,613$41,799,775

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$41,799,775
Expenses per Audited Statements$41,689,916
Total Expenses per Audited Statements$26,951,262
Expenses Not Reported on Financial Statements$109,859
Expenses Not Reported on Form 990$-14,738,654
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Pamela GullardSpouse of Non-compensated Trustee Michael GullardAdjunct Professor CompensationNo$36,350
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Annuity Reserves$135,367
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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, Part VI, Section B, Line 11B

Before filing, the form 990 is reviewed by the board audit committee, and is then shared with the full board membership.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy applies to interested persons, which include any director, principal officer, or member of a committee with board delegated powers who have a direct or indirect financial interest in a potential transaction with menlo college. Trustees are required to sign an annual conflict of interest form disclosing any potential conflicts at the october board meeting. A person with a potential conflict of interest may present material facts to the board or committee contemplating the potentially conflicted transaction. Non-interested members then determine whether a conflict of interest exists. If a conflict is determined to exist, the non-interested board or committee members investigate whether there is a more advantageous option available to menlo college that would not present a conflict of interest. After evaluating options, a majority vote of non-interested members is needed to proceed with the proposed conflicted transaction. Persons with a potential conflict of interest are not permitted to participate in discussion or voting on matters pertaining to the potential conflict. Failure to disclose possible or actual conflicts of interest will result in investigation and/or appropriate disciplinary and corrective action.

Form 990, Part VI, Section B, Line 15

Comparable data was reviewed, and compensation and benefit payments were determined and approved by the board and/or the board's executive committee, and the ceo.

Form 990, Part VI, Section C, Line 19

Upon written request, the organization will provide copies of financial statements and filed tax returns. The organization relies on guidestar to publish their tax return on the internet.

Filing and Contact Details

Filer

Filer Name
Menlo College
EIN
94-3204136
Phone
6505433753
Address
1000 EL CAMINO REAL, ATHERTON, CA 94027

Signing Officer

Name
Steven Weiner
Title
CFO, VP of Finance & Admin
Phone
6505433753
Signed
2019-02-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Frank M Wasilewski
Formed
1994
Legal Domicile
CA
Voting Board Members
15
Independent Board Members
15
Employees
450
Volunteers
27

Preparer

Firm
Armanino Llp
Address
12657 ALCOSTA BLVD STE 500, SAN RAMON, CA 94583-4600
Preparer
Katy Brown
Phone
9257902600
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year.

Financial Statement Notes

PART V, LINE 4:

Endowment assets include those assets of donor-restricted funds that the college must hold in perpetuity or for a donor-specified period(s). As well as board-designated funds, the college expects its endowment funds, over time, to provide an average rate of return of approximately 5 percent annually. Actual returns in any given year may vary from this amount.

PART X, LINE 2:

The college has received determination letters from the internal revenue service and the state of california indicating that the college is exempt from federal and state income taxes under section 501(c)(3) of the internal revenue code of 1954, as amended and the revenue and taxation code of the state of california, respectively. Accordingly, no provision for income taxes has been made in the accompanying financial statements. The college has evaluated its current tax positions and has concluded that as of june 30, 2018 and 2017, the college does not have any significant uncertain tax positions for which a reserve would be necessary.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Scholarships and financial aid -15,642,336.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Scholarships and financial aid -15,642,336.

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IRS990/Desc0THE COLLEGE PROVIDES INSTRUCTION TO APPROXIMATELY 725 FULL-TIME STUDENTS IN FOUR-YEAR UNDERGRADUATE MANAGEMENT AND PSYCHOLOGY PROGRAMS. EXPENDITURES INCLUDE RESIDENCE HALLS, DINING, STUDENT UNION, AND HEALTH SERVICES.
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2040.00
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2640.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2226341
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2314906
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2425496
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2521947
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2626675
IRS990/Form990PartVIISectionAGrp/PersonNm0GEIR RAMLETH
IRS990/Form990PartVIISectionAGrp/PersonNm1MICAH KANE
IRS990/Form990PartVIISectionAGrp/PersonNm2TOM BYERS
IRS990/Form990PartVIISectionAGrp/PersonNm3ALMA CLAYTON-PEDERSEN
IRS990/Form990PartVIISectionAGrp/PersonNm4ANDREA CUNNINGHAM
IRS990/Form990PartVIISectionAGrp/PersonNm5HOWARD DALLMAR
IRS990/Form990PartVIISectionAGrp/PersonNm6JAMES A DAVLIN
IRS990/Form990PartVIISectionAGrp/PersonNm7CHRIS GARRETT
IRS990/Form990PartVIISectionAGrp/PersonNm8J MICHAEL GULLARD
IRS990/Form990PartVIISectionAGrp/PersonNm9DAVID C IRMER
IRS990/Form990PartVIISectionAGrp/PersonNm10JORDAN LONG
IRS990/Form990PartVIISectionAGrp/PersonNm11LARRY LOPEZ
IRS990/Form990PartVIISectionAGrp/PersonNm12LAURIE SHAW
IRS990/Form990PartVIISectionAGrp/PersonNm13BEN WAGNER
IRS990/Form990PartVIISectionAGrp/PersonNm14LEE CARAHER
IRS990/Form990PartVIISectionAGrp/PersonNm15CONNOR LIMONT
IRS990/Form990PartVIISectionAGrp/PersonNm16SEAN MENDY
IRS990/Form990PartVIISectionAGrp/PersonNm17WILLIAM REDMON
IRS990/Form990PartVIISectionAGrp/PersonNm18TYLER EDELSTEIN TUTTLE
IRS990/Form990PartVIISectionAGrp/PersonNm19RICHARD MORAN
IRS990/Form990PartVIISectionAGrp/PersonNm20STEVEN WEINER
IRS990/Form990PartVIISectionAGrp/PersonNm21TERRY GIVENS
IRS990/Form990PartVIISectionAGrp/PersonNm22TIM CHIOCHIOS
IRS990/Form990PartVIISectionAGrp/PersonNm23ROBERT PATON
IRS990/Form990PartVIISectionAGrp/PersonNm24DIMA LESHCHINSKII
IRS990/Form990PartVIISectionAGrp/PersonNm25STEPHANIE DELLANDE
IRS990/Form990PartVIISectionAGrp/PersonNm26DE SOUMENDRA
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20276954
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt26165601
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN (THRU 10/18)
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN (THRU 10/18)
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE (START 1/18)
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE (THRU 9/17)
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE (THRU 2/18)
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE (THRU 1/18)
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE (THRU 4/18)
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE (THRU 12/18)
IRS990/Form990PartVIISectionAGrp/TitleTxt19PRESIDENT (THRU 8/17)
IRS990/Form990PartVIISectionAGrp/TitleTxt20PRESIDENT (START 1/18)
IRS990/Form990PartVIISectionAGrp/TitleTxt21PROVOST
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR OF BUSINESS AFFAIRS
IRS990/Form990PartVIISectionAGrp/TitleTxt23PROFESSOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24PROFESSOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25PROFESSOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26PROFESSOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01994
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt01119782
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GovernmentGrantsAmt067126
IRS990/GrantAmt015642336
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt015642336
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt015642336
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01933071
IRS990/GrossReceiptsAmt043075639
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt026
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0540681
IRS990/InformationTechnologyGrp/TotalAmt0540681
IRS990/InsuranceGrp/ManagementAndGeneralAmt0161362
IRS990/InsuranceGrp/ProgramServicesAmt0547113
IRS990/InsuranceGrp/TotalAmt0708475
IRS990/InventoriesForSaleOrUseGrp/BOYAmt024441
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IRS990/InvestmentIncomeGrp/ExclusionAmt0401757
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0401757
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt06139529
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt06226922
IRS990/InvestmentsPubTradedSecGrp/BOYAmt016774605
IRS990/InvestmentsPubTradedSecGrp/EOYAmt016430636
IRS990/IRPDocumentCnt0123
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt07513832
IRS990/LandBldgEquipBasisNetGrp/EOYAmt09251194
IRS990/LandBldgEquipCostOrOtherBssAmt024401072
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0813289
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0MENLO COLLEGE WAS FOUNDED IN 1927 AS A COMPONENT OF MENLO SCHOOL AND COLLEGE. ON JULY 1, 1994, THE COLLEGE COMMENCED OPERATIONS AS A SEPARATE, NON-PROFIT, COEDUCATIONAL INSTITUTION OF HIGHER EDUCATION. THE SEPARATION BETWEEN MENLO SCHOOL AND MENLO COLLEGE WAS FINALIZED IN 2008. TODAY MENLO OPERATES AS A SMALL, INNOVATIVE, PRIVATE RESIDENTIAL COLLEGE RECOGNIZED BY U.S. NEWS & WORLD REPORT AND THE PRINCETON REVIEW FOR THE EXCELLENCE OF ITS PROGRAMS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt029584010
IRS990/NetAssetsOrFundBalancesEOYAmt030485813
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01119782
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01119782
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0439228
IRS990/NoncashContributionsAmt040788
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0272925
IRS990/OccupancyGrp/ProgramServicesAmt0975030
IRS990/OccupancyGrp/TotalAmt01247955
IRS990/OfficeExpensesGrp/FundraisingAmt028853
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt053897
IRS990/OfficeExpensesGrp/ProgramServicesAmt0100471
IRS990/OfficeExpensesGrp/TotalAmt0183221
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0151256
IRS990/OtherAssetsTotalGrp/EOYAmt0281976
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt07267
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0641246

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$64.0$7.82$56.2$62.6$61.6$0.99
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$62.6$8.43$54.1$56.9$58.9$1.96
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$65.7$7.72$58.0$68.8$50.9$18.0
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$48.2$5.10$43.1$52.0$44.8$7.16
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.8$7.34$29.5$51.5$49.7$1.73
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$37.9$8.85$29.0$42.7$43.8$1.06
2018Detailed filing. Detailed filing data is available for this year.$36.4$5.88$30.5$42.3$41.8$0.46
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$42.9$13.3$29.6$40.5$40.7$0.19
2016Detailed filing. Detailed filing data is available for this year.$44.6$16.7$27.9$36.8$39.8$3.02
2015Detailed filing. Detailed filing data is available for this year.$66.6$12.7$53.9$37.5$39.0$1.49
2014Detailed filing. Detailed filing data is available for this year.$70.0$13.8$56.2$35.4$36.1$0.73
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$68.2$13.1$55.1$34.5
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$74.4$17.8$56.6$31.4
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$69.8$14.0$55.8$29.6
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$71.3$12.1$59.1$26.8