ALTO INTERNATIONAL SCHOOL: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
ALTO INTERNATIONAL SCHOOL (EIN 94-2998528)
Tax period
2019-08-01 to 2020-07-31
Filed
2021-06-15
IRS object ID
202121669349302132
Schema version
2019v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-06-15T20:21:48-05:00ReturnTs
Tax Period End2020-07-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN946214841PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ARMANINO LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line112657 ALCOSTA BLVD STE 500AddressLine1Txt
CitySAN RAMONCityNm
State AbbreviationCAStateAbbreviationCd
ZIP945834600ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-08-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN942998528EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ALTO INTERNATIONAL SCHOOLBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlALTOBusinessNameControlTxt
Phone6503248617PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1475 POPE STREETAddressLine1Txt
CityMENLO PARKCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94025ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMATTHEW MOBERGPersonNm
Person TitleTREASURERPersonTitleTxt
Phone6503248617PhoneNum
Signature2021-06-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMATTHEW PETROSKIPreparerPersonNm
PTINP00853132PTIN
Phone9257902600PhoneNum
Preparation2021-06-15PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMATTHEW MOBERGPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1475 POPE STREETAddressLine1Txt
CityMENLO PARKCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94025ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$6,985,467GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.ALTOSCHOOL.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1981FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionTO PROVIDE AN OUTSTANDING INTERNATIONAL, MULTILINGUAL EDUCATION FOCUSED ON INQUIRY-BASED LEARNING WITH THE GOAL TO FOSTER CONFIDENT, CREATIVE AND RESPONSIBLE LEARNERS AND GLOBAL THINKERS.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee67TotalEmployeeCnt
Total Volunteers176TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$619,543PYContributionsGrantsAmt
CY Contributions Grants$580,900CYContributionsGrantsAmt
PY Program Service Revenue$6,371,584PYProgramServiceRevenueAmt
CY Program Service Revenue$6,320,211CYProgramServiceRevenueAmt
PY Investment Income$551PYInvestmentIncomeAmt
CY Investment Income$177CYInvestmentIncomeAmt
PY Other Revenue$138,236PYOtherRevenueAmt
CY Other Revenue$84,179CYOtherRevenueAmt
PY Total Revenue$7,129,914PYTotalRevenueAmt
CY Total Revenue$6,985,467CYTotalRevenueAmt
PY Grants And Similar Paid$449,671PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$363,208CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$4,259,616PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$4,534,838CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$16,458PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$8,295CYTotalFundraisingExpenseAmt
PY Other Expenses$3,074,300PYOtherExpensesAmt
CY Other Expenses$2,694,862CYOtherExpensesAmt
PY Total Expenses$7,800,045PYTotalExpensesAmt
CY Total Expenses$7,592,908CYTotalExpensesAmt
PY Revenues Less Expenses-$670,131PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$607,441CYRevenuesLessExpensesAmt
Total Assets BOY$2,957,654TotalAssetsBOYAmt
Total Assets EOY$3,134,344TotalAssetsEOYAmt
Total Liabilities BOY$1,230,710TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,014,372TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,726,944NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,119,972NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE AN OUTSTANDING INTERNATIONAL, MULTILINGUAL EDUCATION FOCUSED ON INQUIRY-BASED LEARNING WITH THE GOAL TO FOSTER CONFIDENT, CREATIVE AND RESPONSIBLE LEARNERS AND GLOBAL THINKERS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$5,923,342ExpenseAmt
Grant$363,208GrantAmt
Revenue$6,320,211RevenueAmt
DescALTO INTERNATIONAL SCHOOL PROVIDES PRE-KINDERGARTEN THROUGH TWELFTH GRADE EDUCATION FOR 255 STUDENTS.Desc
Total Program Service Expenses$5,923,342TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (1)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document18IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee67EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DREW ALEXANDERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6503248617PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1475 POPE STREETAddressLine1Txt
CityMENLO PARKCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94025ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
JOHN FURLAN
CHAIR10.00Yes (X)Yes (X)$0$0$0
KRISTEN HUGHES
VICE CHAIR (LEFT 10/19)10.00Yes (X)Yes (X)$0$0$0
BEATE TEUFEL
SECRETARY10.00Yes (X)Yes (X)$0$0$0
MATTHEW MOBERG
TREASURER10.00Yes (X)Yes (X)$0$0$0
ROBERT DOBBINS
TREASURER (LEFT 10/19)10.00Yes (X)Yes (X)$0$0$0
PAMELA ARMSTRONG
BOARD MEMBER (START 5/20)10.00Yes (X)$0$0$0
CHRISTOPHER KREBS
BOARD MEMBER (START 5/20)10.00Yes (X)$0$0$0
MICHAEL SCHALLEHN
BOARD MEMBER10.00Yes (X)$0$0$0
VIVIDH SIDDHA
BOARD MEMBER (START 5/20)10.00Yes (X)$0$0$0
BRANNAN VAUGHAN
BOARD MEMBER10.00Yes (X)$0$0$0
SVEN WEBER
BOARD MEMBER (LEFT 10/19)10.00Yes (X)$0$0$0
ANDREA WILLMS
PRESIDENT OF PARENT ORG.10.00Yes (X)$0$0$0
DREW ALEXANDER
HEAD OF SCHOOL40.00Yes (X)$149,583$0$0
EVELYN LASSMAN
FINANCE & OPERATIONS DIRECTOR40.00$113,799$0$0Yes (X)
ALEX NORWOOD
DEAN OF STUDENT LIFE & HS40.00$108,678$0$6,613Yes (X)
MICHAEL CHAPMAN
FORMER HEAD OF SCHOOL40.00$235,277$0$10,649Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$607,337TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$17,262TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K4IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KNOWING TECHNOLOGIESBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line11528 S EL CAMINO REAL SUITE 307AddressLine1Txt
CitySAN MATEOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94402ZIPCd
FieldValueIRS element (for citing)
ServicesEDUCATIONAL CONSULTANTServicesDesc
Compensation$149,450CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Government Grants$5,930GovernmentGrantsAmt
All Other Contributions$574,970AllOtherContributionsAmt
Noncash Contributions$11,430NoncashContributionsAmt
Total Contributions$580,900TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION FEES611110$5,926,110$5,926,110
CHILD CARE611710$215,995$215,995
AUXILIARY PROGRAMS611710$130,937$130,937
SCHOOL EVENTS611710$47,169$47,169
FieldValueIRS element (for citing)
Total Program Service Revenue$6,320,211TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$177TotalRevenueColumnAmt
Exclusion$177ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$82,300RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$82,300RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$82,300TotalRevenueColumnAmt
Exclusion$82,300ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business900099BusinessCd
Total Revenue Column$1,879TotalRevenueColumnAmt
Exclusion$1,879ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$1,879OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,985,467TotalRevenueColumnAmt
Related Or Exempt Func Income$6,320,211RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$84,356ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$363,208TotalAmt
Program Services$363,208ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$330,000TotalAmt
Program Services$314,800ProgramServicesAmt
Management And General$15,200ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,569,192TotalAmt
Program Services$2,846,111ProgramServicesAmt
Management And General$723,081ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$370,538TotalAmt
Program Services$327,622ProgramServicesAmt
Management And General$42,916ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$265,108TotalAmt
Program Services$214,912ProgramServicesAmt
Management And General$50,196ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$9,732TotalAmt
Management And General$9,732ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$163,354TotalAmt
Management And General$163,354ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$271,525TotalAmt
Program Services$109,309ProgramServicesAmt
Management And General$162,216ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$37,088TotalAmt
Management And General$37,088ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$245,268TotalAmt
Program Services$107,774ProgramServicesAmt
Management And General$134,142ManagementAndGeneralAmt
Fundraising$3,352FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$30,190TotalAmt
Management And General$30,190ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,537,188TotalAmt
Program Services$1,368,097ProgramServicesAmt
Management And General$169,091ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$62,923TotalAmt
Program Services$62,923ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$213,010TotalAmt
Program Services$189,579ProgramServicesAmt
Management And General$23,431ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$49,729TotalAmt
Management And General$49,729ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmtFundraisingFundraisingAmt
BAD DEBT EXPENSES$50,905$50,905
STAFF DEVELOPMENT$19,007$19,007
EVENT EXPENSES$4,943$4,943

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$7,592,908TotalAmt
Program Services$5,923,342ProgramServicesAmt
Management And General$1,661,271ManagementAndGeneralAmt
Fundraising$8,295FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$659,744BOYAmt
EOY$947,719EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$313,277BOYAmt
EOY$339,545EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$9,200BOYAmt
EOY$25,000EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$7,363BOYAmt
EOY$72,393EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$186,387BOYAmt
EOY$101,614EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,590,250LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,167,802LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,556,058BOYAmt
EOY$1,422,448EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$225,625BOYAmt
EOY$225,625EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,957,654BOYAmt
EOY$3,134,344EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$350,175BOYAmt
EOY$372,741EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$703,458BOYAmt
EOY$564,280EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$177,077BOYAmt
EOY$1,077,351EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,230,710BOYAmt
EOY$2,014,372EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,518,944BOYAmt
EOY$904,109EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$208,000BOYAmt
EOY$215,863EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,726,944BOYAmt
EOY$1,119,972EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,957,654BOYAmt
EOY$3,134,344EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$607,441ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$469NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,144,226OtherCostOrOtherBasisAmt
Depreciation$764,821DepreciationAmt
Book Value$1,379,405BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$446,024OtherCostOrOtherBasisAmt
Depreciation$402,981DepreciationAmt
Book Value$43,043BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,422,448TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescDEPOSITSDesc
Book Value$225,625BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$225,625TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DEFERRED RENT EXPENSE$276,933
PPP LOAN$800,418
FieldValueIRS element (for citing)
Total Liability$1,077,351TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$6,473,905TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$469NetUnrealizedGainsInvstAmt
Other Revenue-$512,031OtherRevenueAmt
Revenue Not Reported-$511,562RevenueNotReportedAmt
Revenue Subtotal$6,985,467RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$6,985,467TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$7,080,877TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$7,080,877ExpensesSubtotalAmt
Other Expenses Not Included$512,031OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$512,031ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$7,592,908TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE SCHOOL IS A TAX-EXEMPT ORGANIZATION UNDER INTERNAL REVENUE SERVICE CODE SECTION 501(C)(3) AND THE CALIFORNIA TAX CODE. THE SCHOOL FOLLOWS THE GUIDANCE OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740 FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT EVALUATED THE SCHOOL'S TAX POSITIONS AND CONCLUDED THAT THE SCHOOL HAD MAINTAINED ITS TAX-EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRED ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:FINANCIAL AID -363,208. TUITION REMISSION -143,880. EVENT EXPENSES -4,943.
PART XII, LINE 4B - OTHER ADJUSTMENTS:FINANCIAL AID 363,208. TUITION REMISSION 143,880. EVENT EXPENSES 4,943.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd0GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE E, PART I, LINE 3FormAndLineReferenceDesc
ExplanationTHE NONDISCRIMINATORY POLICY IS LISTED ON THE ADMISSIONS SECTION OF THE ORGANIZATION'S WEBSITE (HTTPS://ALTOSCHOOL.OPENAPPLY.COM/) AND PRINTED IN REGISTRATION DOCUMENTS.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeFINANCIAL AID (TUITION ASSISTANCE)GrantTypeTxt
Recipient97RecipientCnt
Cash Grant$363,208CashGrantAmt
Valuation Method UsedFMVValuationMethodUsedDesc
Non Cash AssistanceDIRECT CREDIT TO STUDENT ACCOUNTNonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationAPPLICANTS COMPLETE A FINANCIAL AID FORM THROUGH SCHOOL AND STUDENT SERVICES OF NAIS ("SSS") TO DETERMINE ELIGIBILITY FOR REDUCED TUITION. DISCOUNTS ARE APPLIED DIRECTLY TO THE STUDENT'S ACCOUNT.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonMICHAEL CHAPMANPersonNm
TitleFORMER HEAD OF SCHOOLTitleTxt
Base Compensation Filing Org$195,277BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$40,000BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$10,649NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$245,926TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 7FormAndLineReferenceDesc
ExplanationTHE BOARD AUTHORIZES DISCRETIONARY BONUS AMOUNT TO HEAD OF SCHOOL PRIOR TO PAYMENT.ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CLAUDIA WEBERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Relationship DescriptionFAMILY MEMBER OF BOARD MEMBER SVEN WEBERRelationshipDescriptionTxt
Transaction$55,853TransactionAmt
TransactionEMPLOYMENTTransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 4THE ORGANIZATION UPDATED ITS BYLAWS ON MARCH 26, 2020. THE FOLLOWING CHANGES WERE MADE. - THE INITIAL TERM OF ALL DIRECTORS WAS REVISED TO SERVE NO MORE THAN THREE CONSECUTIVE YEARS VERSUS TWO YEARS. - THE TREASURER POWERS AND PERFORMANCE DUTIES WERE FURTHER SPECIFIED BY THE BOARD OF DIRECTORS TO HAVE THE SUPERVISION OF MAINTAINING THE BOOK AND RECORDS OF THE CORPORATION, DEPOSIT ALL AMOUNTS OF MONEY AND VALUES IN THE NAME AND TO THE CREDIT OF THE CORPORATION, PREPARE AND PRESENT TO THE BOARD THE ANNUAL BUDGET AND MONTHLY FINANCIAL STATEMENTS, AND PREPARE THE ANNUAL TAX RETURNS AND ANNUAL AUDIT REPORT. - THE HEAD OF SCHOOL WAS DEFINED ITS DUTIES AS AN OFFICER TO ACT AS CEO AND HAVE GENERAL SUPERVISION, DIRECTION, AND CONTROL OF THE BUSINESS OF THE CORPORATION. - THE BYLAWS WERE UPDATED TO SPECIFY AND BREAK UP COMMITTEES. THE COMMITTEES ESTABLISHED WERE THE EXECUTIVE COMMITTEE, DIRECTORS AND GOVERNANCE COMMITTEES, FINANCE COMMITTEE, DEVELOPMENT COMMITTEE, AND FACILITIES COMMITTEE.
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 IS REVIEWED BY BOARD MEMBERS BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12CBOARD REQUIRES ANNUAL CONFLICT OF INTEREST STATEMENTS FOR BOARD MEMBERS AND MONITORS POTENTIAL CONFLICTS ON AN ONGOING BASIS.
FORM 990, PART VI, SECTION B, LINE 15ABOARD REVIEWS AND APPROVES COMPENSATION OF HEAD OF SCHOOL BASED ON PAY SCALE OF EMPLOYEES AT COMPARABLE SCHOOLS.
FORM 990, PART VI, SECTION C, LINE 19ALTO INTERNATIONAL SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
FORM 990, PART XII, LINE 2C:THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.