Menlo College
501(c)(3) Donations tax-deductible
82% goes to programs $15 to raise $100 Strong reserves Growing revenue
Menlo College is a 501(c)(3) organization based in Atherton, California, registered in 1994, with $62,621,408 in FY2023 revenue. CharityIndex grades it A, and it directs about 82% of spending to programs.
1000 El Camino Real, Atherton, CA, 94027 EIN 94-3204136 Since 1994
Revenue (FY2023)
$62.6M
▲ 10.0% vs prior year
Expenses (FY2023)
$61.6M
Net assets
$56.2M
Employees
463
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating82% to programs · $15 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Menlo College: 82% to programs · $15 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating11 mo reserves · +2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Menlo College: 11 mo reserves · +2% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Menlo College: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Menlo College: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To develop future leaders through a liberal arts-based business (continued on schedule o) education that integrates academic study and fieldwork in a silicon valley environment unmatched in its potential for innovation.
Contact & location
- Address
- 1000 El Camino Real, Atherton, CA, 94027
- City
- Atherton
- State
- California
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $35.4M (FY2013) to $62.6M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $7.8MNet assets $56.2M
Operating margin
1.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$64.0M
Total liabilities
$7.8M
Net assets
$56.2M
Salaries & benefits
$18.9M
31% of expenses
Board members
17
17 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $62,621,408▲10.0% | $61,632,528▲4.7% | $56,229,877▲3.9% | $64,047,051▲2.4% | 990 |
| 2022 | $56,911,932▼17.3% | $58,873,954▲15.7% | $54,136,139▼6.6% | $62,566,840▼4.8% | 990 |
| 2021 | $68,848,342▲32.4% | $50,894,343▲13.5% | $57,981,651▲34.4% | $65,698,945▲36.2% | 990 |
| 2020 | $52,004,358▲1.1% | $44,844,700▼9.8% | $43,137,831▲46.3% | $48,235,643▲31.0% | 990 |
| 2019 | $51,451,662▲20.5% | $49,717,629▲13.6% | $29,483,674▲1.5% | $36,820,361▼2.8% | 990 |
| 2018 | $42,695,265▲1.0% | $43,753,489▲4.7% | $29,035,740▼4.8% | $37,890,083▲4.2% | 990 |
| 2017 | $42,262,350▲4.3% | $41,799,775▲2.7% | $30,485,813▲3.0% | $36,362,008▼15.3% | 990 |
| 2016 | $40,515,644▲10.2% | $40,704,719▲2.3% | $29,584,010▲6.0% | $42,926,034▼3.7% | 990 |
| 2015 | $36,769,641▼1.9% | $39,787,069▲2.1% | $27,900,726▼48.2% | $44,583,864▼33.0% | 990 |
| 2014 | $37,472,041▲6.0% | $38,966,226▲8.0% | $53,891,826▼4.1% | $66,559,832▼4.9% | 990 |
| 2013 | $35,360,096 | $36,087,624▲4.7% | $56,179,136▲1.9% | $69,974,241▲2.6% | 990 |
| 2012 | — | $34,480,064▲9.7% | $55,141,242▼2.5% | $68,210,111▼8.3% | 990 |
| 2011 | — | $31,440,473▲6.2% | $56,576,385▲1.3% | $74,363,272▲6.5% | 990 |
| 2010 | — | $29,598,899▲10.4% | $55,847,975▼5.5% | $69,802,024▼2.0% | 990 |
| 2009 | — | $26,819,872 | $59,114,436 | $71,251,742 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Steven Weiner — $465,000 (0.75% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Steven Weiner | President | 40 | $465,000 |
| Mouwafac Sidaoui | Vp For Acad. Affs., C. Aca | 40 | $249,345 |
| Angela Schmiede | Vp For Stdnt. Success & St | 40 | $220,155 |
| Keith Spataro | Vp For Athletics & Enroll. | 40 | $215,000 |
| Melissa Michelson | Dean of Arts & Sciences Sc | 40 | $201,341 |
| Manish Tewari | Professor | 40 | $168,875 |
| Aaron Santillan | Trustee | 1 | — |
| Alma Clayton-pedersen | Trustee | 1 | — |
| Ben Wagner | Secretary (thru 06/30/24) | 1 | — |
| Chris Garrett | Trustee (thru 10/23) | 1 | — |
| Colin O'malley | Trustee | 1 | — |
| David C Irmer | Trustee | 1 | — |
| Fran Schulz | Trustee | 1 | — |
| Helene Kim | Trustee | 1 | — |
| Howard Dallmar | Trustee | 1 | — |
| James A Davlin | Vice Chair & Treasurer | 1 | — |
| Joe Hurd | Trustee (thru 06/30/24) | 1 | — |
| Jordan Long | Trustee (thru 06/30/24) | 1 | — |
| Kathy Jackson | Trustee | 1 | — |
| Larry Lopez | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Sodexo Inc & Affiliate | Dining Services | $4,485,828 |
| Kraftbuilt LLC | President House Remodel/maintenance | $696,333 |
| Courtney Inc | Roof Maintenance | $654,748 |
| Sourceone Building Maintenance Inc | Janitorial Services | $477,993 |
| Vance Brown Inc | Dining Hall Mechanical Project | $470,948 |
Grants received · $1.4M total
33 grants to Menlo College totaling $1.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
Frequently asked questions
- Is Menlo College a legitimate nonprofit?
- Yes. Menlo College is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 94-3204136, based in Atherton, California. Donations are tax-deductible.
- What is Menlo College's EIN?
- Menlo College's Employer Identification Number (EIN) is 94-3204136.
- How much revenue does Menlo College report?
- Menlo College reported $62,621,408 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Menlo College's spending goes to programs?
- Menlo College spends about 82% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Menlo College have?
- CharityIndex grades Menlo College A, based on program efficiency and fundraising cost.
- How much does Menlo College's highest-paid employee make?
- The highest reported compensation on Menlo College's latest Form 990 is $465,000, paid to Steven Weiner (President).
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Data for Menlo College (EIN 94-3204136) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.