2025-05-09T11:17:22-05:00 2024-06-30 680037990 GILBERT CPAS 2880 GATEWAY OAKS DR STE 100 SACRAMENTO CA 95833 990 2023-07-01 202699147 EAST PALO ALTO ACADEMY FOUNDATION EAST 6502003530 PO BOX 50803 PALO ALTO CA 943030667 KATHRYN HYLE EXECUTIVE DIRECTOR 6502003530 2025-05-03 1 0 JENNIFER Z IWATA P01310188 9166466464 2025-05-03 2023 2025-03-06 01:10:19Z KATHRYN HYLE PO BOX 50803 PALO ALTO CA 943030667 3843690 0 X WWW.EPAAF.ORG X 2005 CA FUNDS DIRECT SERVICES AND SCHOLARSHIPS FOR EAST PALO ALTO ACADEMY STUDENTS AND GRADUATES. 11 11 4 72 0 0 1787448 1707436 0 0 27528 88023 139 86 1815115 1795545 1250932 1043907 0 0 330432 311290 0 0 156291 230231 250989 1811595 1606186 3520 189359 3835205 4039960 531627 535811 3303578 3504149 X EAST PALO ACADEMY FOUNDATION ADVOCATES FOR, ADVANCES, AND RAISES FUNDS TO BENEFIT THE STUDENTS AND GRADUATES OF EAST PALO ALTO ACADEMY, A CHARTER SCHOOL OF THE SEQUOIA UNION HIGH SCHOOL DISTRICT. OUR PROGRAMS AND RESOURCES ARE IN PURSUIT OF OUR MISSION TO SUPPORT THE STUDENTS AND GRADUATES OF EAST PALO ALTO ACADEMY THROUGH HIGH SCHOOL AND POST-SECONDARY PATHWAYS INTO MEANINGFUL CAREERS BY PROVIDING ACADEMIC, NAVIGATIONAL, SOCIAL-EMOTIONAL, AND FINANCIAL RESOURCES. 0 0 1263796 1043907 EFFECTIVE AUGUST 1, 2014, EAST PALO ALTO ACADEMY FOUNDATION (PRIOR TO JULY 1, 2017, KNOWN AS STANFORD SCHOOLS CORPORATION) SERVES AS A NON-PROFIT ORGANIZATION, SUPPORTING A PUBLIC CHARTER SCHOOL, EAST PALO ALTO ACADEMY, IN TWO WAYS. FIRST, EAST PALO ALTO ACADEMY FOUNDATION (EPAAF) FUNDS DIRECT SERVICES FOR THE HIGH SCHOOL INCLUDING: EARLY COLLEGE COURSES, WHERE STUDENTS EARN COLLEGE CREDIT DURING THEIR REGULAR SCHOOL DAY; THE DREAM LAB, A MAKERSPACE WHERE STUDENTS ENGAGE IN HANDS-ON STEM LEARNING AND DEVELOP CREATIVE PROBLEM-SOLVING AND COMMUNICATION SKILLS; AND WRAPAROUND SERVICES THAT SUPPORT STUDENTS' MENTAL HEALTH AND READINESS TO LEARN. SECOND, EPAAF OFFERS SCHOLARSHIP FUNDS TO A SELECT NUMBER OF COLLEGE AND VOCATIONAL STUDENTS, ALL OF WHOM GRADUATED FROM EAST PALO ALTO ACADEMY.EAST PALO ALTO ACADEMY PROVIDES A HIGH QUALITY EDUCATION FOR APPROXIMATELY 287 STUDENTS. THE STUDENT POPULATION IS APPROXIMATELY 89% LATINO/A/X, 5% AFRICAN-AMERICAN, 5% PACIFIC ISLANDERS, AND 1% OTHER. 57% OF STUDENTS WILL BE THE FIRST IN THEIR FAMILIES TO GRADUATE HIGH SCHOOL, AND 91% WILL BE FIRST-GENERATION COLLEGE STUDENTS. APPROXIMATELY 41% OF THE STUDENTS ARE BILINGUAL & SECOND LANGUAGE LEARNERS. THE HIGH SCHOOL CONTINUES TO FOCUS ON CULTURALLY RESPONSIVE CURRICULUM, RIGOROUS COLLEGE PREPARATION, AND HIGH STANDARDS AND HIGH SUPPORT FOR STUDENTS IN PURSUIT OF OUR AMBITIOUS VISION THAT "ALL STUDENTS WILL GRADUATE COLLEGE-READY, EMPOWERED WITH THE KNOWLEDGE, SKILLS, AND PASSION TO POSITIVELY IMPACT THEIR OWN LIVES, THEIR COMMUNITY, AND THE GLOBAL SOCIETY." WE ARE PROUD TO SHARE THAT 98% OF THE EPAA CLASS OF 2024 GRADUATED FROM HIGH SCHOOL AND 98% OF GRADUATES CHOSE A POSTSECONDARY PATHWAY AND JOINED AN EPAAF ALUMNI PROGRAM. 80% OF OUR UNIVERSITY SCHOLARS ARE STILL PERSISTING IN OR HAVE GRADUATED FROM POSTSECONDARY EDUCATION OR TRAINING PROGRAMS. 1263796 1 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 14 0 1 4 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X KATHRYN HYLE 6502003530 3460 W BAYSHORE RD 105 PALO ALTO CA 94303 LAURA A MURAWCZYK CHAIR 2.00 X X 0 0 0 MINDY ROGERS TREASURER 0.50 X X 0 0 0 POLLY LIU DIRECTOR 0.50 X 0 0 0 DANIEL LEWIS SCHWARTZ DIRECTOR 0.50 X 0 0 0 ANGELA NOMELLINI DIRECTOR 0.50 X 0 0 0 MUDITA JAIN DIRECTOR 0.50 X 0 0 0 LAUREN KOENIG DIRECTOR 0.50 X 0 0 0 MARNIE MARCIN DIRECTOR 0.50 X 0 0 0 PATRICK DUNKLEY DIRECTOR 0.50 X 0 0 0 ESTEBAN ZUNO DIRECTOR 0.50 X 0 0 0 DENISE SMITH-HAMS DIRECTOR 0.50 X 0 0 0 KATHYRN HYLE EXECUTIVE DIRECTOR 40.00 X 128273 0 14617 128273 0 14617 1 0 0 0 0 1707436 50013 1707436 88023 88023 2048145 2048145 0 OTHER REVENUE 900099 86 86 86 1795545 86 0 88023 694631 694631 349276 349276 154876 82777 26186 45913 124040 78022 36380 9638 12283 9774 2509 20091 11728 4524 3839 1195 1195 53270 53270 132015 234 51150 80631 16585 11577 1210 3798 28917 16145 5374 7398 3306 866 1383 1057 15701 8766 2918 4017 1606186 1263796 186099 156291 1776149 1501025 1241831 1861751 189595 99130 0 2871 8619 11800 619011 563383 3835205 4039960 31627 35811 500000 500000 531627 535811 X 2030596 2219710 1272982 1284439 3303578 3504149 3835205 4039960 189359 11212 0 X X 0 1 X 1 0 X 2060268 2120246 1958440 1787448 1707436 9633838 2060268 2120246 1958440 1787448 1707436 9633838 171348 9462490 6728 10170 6912 27528 88023 139361 442 247 139 86 914 9774113 0.96810 0.97500 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER LOCAL REVENUE - 2020 AMOUNT: $ 442. 2021 AMOUNT: $ 247. 2022 AMOUNT: $ 139. 2023 AMOUNT: $ 86. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 FIXED ANNUITIES 563383 F 563383 PLEDGED TO SUHSD 500000 500000 X 1872538 11212 65781 76993 1795545 0 1795545 1671967 65781 65781 1606186 0 1606186 PART X, LINE 2: THE FOUNDATION HAS APPLIED THE ACCOUNTING PRINCIPLES RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT THERE IS NO MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. 1 SEQUOIA UNION HIGH SCHOOL DISTRICT 480 JAMES AVE REDWOOD CITY CA 94062 943084148 GOVERNMENT 694631 0 SEQUOIA UNION HIGH SCHOOL DISTRICT OPERATIONS 1 SCHOLARSHIPS 89 346260 EMERGENCY RELIEF 3 3016 PART I, LINE 2: THE ORGANIZATION PROVIDES SOME SCHOLARSHIP FUNDS TO GRADUATES OF ITS HIGH SCHOOL PROGRAM. FUNDS COME FROM DONORS TO THE ORGANIZATION AND SCHOLARSHIP AWARDS ARE MADE BASED ON CRITERIA SET IN A SCHOLARSHIP POLICY, ADMINISTERED BY A SCHOLARSHIP COMMITTEE. STUDENTS RECEIVING SCHOLARSHIPS ARE REQUIRED TO PROVIDE PROGRESS REPORTS. SCHOLARSHIP FUNDS ARE PAID TO THEIR SCHOOLS, LANDLORDS OR OTHER PROVIDERS OF GOODS AND SERVICES TO THE STUDENTS TO ENSURE THAT THEY ARE USED FOR APPROPRIATE PURPOSES. SCHOLARSHIP FUNDS ARE ONLY PAID DIRECTLY TO STUDENTS FOR QUALIFIED EXPENSES WHEN APPROVED. ORGANIZATION OPERATES UNDER A MOU WITH SEQUOIA UNION HIGH SCHOOL DISTRICT REGARDING COMMITTED FUNDS. IN RESPONSE TO THE COVID-19 PANDEMIC, THE ORGANIZATION STARTED AN EMERGENCY RELIEF FUND TO HELP EAST PALO ALTO ACADEMY STUDENTS, COLLEGE-GOING GRADUATES, AND THEIR FAMILIES TO MEET BASIC NEEDS. THIS RELIEF FUND COVERS COSTS ASSOCIATED WITH ITEMS SUCH AS HOUSING, FOOD, AND REMOTE LEARNING. FUNDS COME FROM DONORS WHO DONATE TO THE ORGANIZATION. THERE IS AN APPLICATION SELECTION PROCESS THAT IS BASED ON AN EMERGENCY AWARD CRITERIA WHICH IS ADMINISTERED AND REVIEWED BY ORGANIZATION STAFF. X 1 50013 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE FOUNDATION AMENDED ITS BYLAWS TO ALLOW A MAJORITY OF DIRECTORS PRESENT TO AMEND THE BYLAWS, PREVIOUSLY THAT REQUIRED AN ABSOLUTE MAJORITY. FORM 990, PART VI, SECTION B, LINE 11B AT THE FEBRUARY 2025 BOARD MEETING THE BOARD AUTHORIZED THE AUDIT COMMITTEE TO REVIEW AND APPROVE FORM 990 AND ANY RELATED TAX FORMS BEFORE FORMS ARE FILED. BOARD MEMBERS WILL RECEIVE COPIES OF THE FORM 990 ONCE THE AUDIT COMMITTEE HAS APPROVED AND BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS AND KEY EMPLOYEES ARE PROVIDED A COPY OF THE CONFLICT OF INTEREST POLICY ANNUALLY AND ARE REQUESTED TO PROVIDE A SIGNED, UP-TO-DATE STATEMENT OF INTERESTS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR MANAGEMENT AND ADMINISTRATIVE POSITIONS IS SET INDIVIDUALLY AT TIME OF HIRE BASED ON RESEARCH OF COMPARABLE POSITIONS IN THE SURROUNDING AREA: COMPENSATION IS REVIEWED PERIODICALLY. REVIEW IS UNDERTAKEN BY THE BOARD. PROCESS WAS LAST UNDERTAKEN IN 2024. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE ON REQUEST, CONSISTENT WITH RECORDS POLICY AND CALIFORNIA PUBLIC RECORDS ACT. FORM 990 PART XII LINE 2C PROCESS HAS NOT CHANGED FROM PRIOR YEARS.