2024-03-20T17:09:00-05:00 2023-06-30 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2022-07-01 134129457 DONORSCHOOSEORG DONO 2122393615 134 WEST 37TH STREET - 11 FL NEW YORK NY 10018 GEOFFREY HILL CHIEF FINANCIAL OFFICER 2122393615 2024-03-20 1 GEOFFREY HILL 999009999 0 FREDERICK MARTENS P00298107 2126972299 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ALIX GUERRIER 134 WEST 37TH STREET - 11 FL NEW YORK NY 10018 155914214 0 X HTTP://WWW.DONORSCHOOSE.ORG X 2000 NY DONORSCHOOSE.ORG IS A SIMPLE WAY TO PROVIDE STUDENTS WITH THE RESOURCES THEY NEED TO LEARN. 14 14 203 267 0 0 186858690 152753848 0 0 458338 886388 0 0 187317028 153640236 0 0 0 0 16804864 19267143 0 0 9371071 158818166 136115584 175623030 155382727 11693998 -1742491 131250039 133533237 2368474 4593558 128881565 128939679 DONORSCHOOSE.ORG ENGAGES THE PUBLIC IN PUBLIC SCHOOLS BY GIVING PEOPLE A SIMPLE, ACCOUNTABLE AND PERSONAL WAY TO ADDRESS EDUCATIONAL INEQUITY. WE ENVISION A NATION WHERE CHILDREN IN EVERY COMMUNITY HAVE THE TOOLS AND EXPERIENCES NEEDED FOR AN EXCELLENT EDUCATION. 0 0 143528728 CLASSROOM PROJECT FULFILLMENT:DURING FISCAL YEAR 2023, OUR DONORS HAVE PROVIDED $156 MILLION TO FUND 316,810 CLASSROOM PROJECTS, SUPPORTING 158,000 TEACHERS. 143528728 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 34 0 203 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AR CA CT FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC OR PA RI SC TN UT VA WV WI X X GEOFFREY HILL 6465569923 134 WEST 37TH STREET 11TH FLOOR NEW YORK NY 10018 THERESIA GOUW CHAIRMAN 5.00 X X 0 0 0 YVETTE NICOLE BROWN VICE CHAIRMAN 2.00 X X 0 0 0 W KAMAU BELL BOARD MEMBER 2.00 X 0 0 0 CHARLES BEST CEO TO JUN 2022 BOARD MEMBER (AS OF JUN 2022) 2.00 X 291530 0 24057 PETER BLOOM BOARD MEMBER 2.00 X 0 0 0 AMANDA CALZADA BOARD MEMBER 2.00 X 0 0 0 MITCH COHEN BOARD MEMBER 2.00 X 0 0 0 STEPHEN COLBERT BOARD MEMBER 2.00 X 0 0 0 KRISTIE JONES BOARD MEMBER 2.00 X 0 0 0 RICHARD LOVETT BOARD MEMBER 2.00 X 0 0 0 MARIA MOATS BOARD MEMBER 2.00 X 0 0 0 DONNA RATCHFORD BOARD MEMBER (TO OCT 2022) 2.00 X 0 0 0 DESIREE ROGERS BOARD MEMBER 2.00 X 0 0 0 TRABIAN SHORTERS BOARD MEMBER 2.00 X 0 0 0 JEFF WEINER BOARD MEMBER 2.00 X 0 0 0 ALIX GUERRIER CEO (AS OF APR 2022) 40.00 X 370619 0 51510 KATIE BISBEE CHIEF MARKETING OFFICER 40.00 X 305675 0 37098 OLIVER HURST-HILLER CHIEF TECHNOLOGY OFFICER 40.00 X 305533 0 39342 GEOFFREY HILL CHIEF FINANCIAL OFFICER 40.00 X 312169 0 53098 JULIA PRIETO CHIEF OPERATING OFFICER 40.00 X 307500 0 55111 DANIEL BETZ VICE PRESIDENT, PRODUCT & DESIGN 40.00 X 202934 0 49983 NANCY MOND VICE PRESIDENT, ENGINEERING 40.00 X 203509 0 31874 MICHAEL WALKER VICE PRESIDENT, ENGINEERING 40.00 X 198328 0 43593 ABIGAIL FEUER EXECUTIVE VICE PRESIDENT, MARKETING 40.00 X 200098 0 44468 DAVID CRANE JR SENIOR STAFF ENGINEER 40.00 X 193833 0 32424 2891728 0 462558 55 0 1 0 0 12273011 140480837 2501310 152753848 1008528 1008528 2151838 2273978 -122140 -122140 -122140 153640236 0 0 886388 X 1940891 1009370 276120 655401 12771671 7248698 992707 4530266 476701 268281 35727 172693 2818717 1584972 228022 1005723 1259163 707009 107161 444993 17325 17325 31736 31736 125849 125849 1262159 542587 127554 592018 798467 798467 564198 335586 72229 156383 1700177 1228920 120121 351136 1082002 679613 75379 327010 590479 293087 56446 240946 2286402 2190473 17971 77958 108348 108348 CLASSROOM MATERIALS 125582458 125582458 CREDIT CARD FEES 1563190 1563190 FULFILLMENT 231170 231170 THANK YOU PACKAGE 63314 63314 108310 90233 18077 155382727 143528728 2482928 9371071 26366277 10475340 63776559 75525092 14256889 15697641 1303438 1728512 9304282 5125196 4036376 4179086 8335240 8865981 12804010 14153378 371250 2908207 131250039 133533237 2368474 1762813 0 2830745 2368474 4593558 X 89265007 93537128 39616558 35402551 128881565 128939679 131250039 133533237 -1742491 1800605 0 X 0 1 X 1 1 1 X 148408048 147777790 157631539 186858690 152753848 793429915 148408048 147777790 157631539 186858690 152753848 793429915 6888770 786541145 811023 1055892 288086 514450 1008528 3677979 797107894 0.98670 0.95880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2490818 1671887 818931 167638 167638 0 6645826 3285671 3360155 4179086 INVESTMENT FUND - GLOBAL EQUITIES 3593944 F INVESTMENT FUND - FIXED INCOME 1605452 F INVESTMENT FUND - MIDDLE MARKET LENDING 496684 F INVESTMENT FUND - SUSTAINABLE INVESTING 391744 F INVESTMENT FUND - GROWTH STAGE PRIVATE EQUITY 1370022 F INVESTMENT FUND - PRIVATE EQUITY PARTNERSHIPS 955256 F INVESTMENT FUND - DISTRESSED INVESTMENTS 41437 F ALTERNATIVE INVESTMENT - ABSOLUTE RETURN 5635504 F CASH HELD FOR INVESTMENT 63335 F 14153378 OPERATING LEASE LIABILITY 2830745 2830745 155729939 1800605 414947 2215552 153514387 125849 125849 153640236 155671825 414947 414947 155256878 125849 125849 155382727 CENTRAL AMERICA AND THE CARIBBEAN - 0 0 INVESTMENTS - FORM 990, PART X, LINE 12 8734333 0 0 0 0 0 0 8734333 0 8734333 1 0 1 0 1 0 PART III ACCOUNTING METHOD: X X X X X X 0 0 0 0 0 0 0 0 0 CHARLES BEST CEO TO JUN 2022 BOARD MEMBER (AS OF JUN 2022) 291530 0 0 0 0 0 5188 0 18869 0 315587 0 0 0 ALIX GUERRIER CEO (AS OF APR 2022) 370619 0 0 0 0 0 13125 0 38385 0 422129 0 0 0 KATIE BISBEE CHIEF MARKETING OFFICER 305675 0 0 0 0 0 7500 0 29598 0 342773 0 0 0 OLIVER HURST-HILLER CHIEF TECHNOLOGY OFFICER 305533 0 0 0 0 0 14603 0 24739 0 344875 0 0 0 GEOFFREY HILL CHIEF FINANCIAL OFFICER 312169 0 0 0 0 0 12900 0 40198 0 365267 0 0 0 JULIA PRIETO CHIEF OPERATING OFFICER 307500 0 0 0 0 0 15250 0 39861 0 362611 0 0 0 DANIEL BETZ VICE PRESIDENT, PRODUCT & DESIGN 202934 0 0 0 0 0 10122 0 39861 0 252917 0 0 0 NANCY MOND VICE PRESIDENT, ENGINEERING 203509 0 0 0 0 0 9276 0 22598 0 235383 0 0 0 MICHAEL WALKER VICE PRESIDENT, ENGINEERING 198328 0 0 0 0 0 9583 0 34010 0 241921 0 0 0 ABIGAIL FEUER EXECUTIVE VICE PRESIDENT, MARKETING 200098 0 0 0 0 0 9944 0 34524 0 244566 0 0 0 DAVID CRANE JR SENIOR STAFF ENGINEER 193833 0 0 0 0 0 9675 0 22749 0 226257 0 0 0 X 26 2498324 QUOTED MARKET VALUE X MATERIALS 1 2986 FAIR MARKET VALUE 0 0 1 0 FORM 990, PART I, LINE 6 IN ADDITION TO THE VOLUNTEER WORK DONE BY OUR BOARD OF DIRECTORS, THE MAJOR AREAS WHERE DONORSCHOOSE.ORG BENEFITS FROM VOLUNTEER HOURS IS IN OUR "TEACHERS AS SCREENERS AND OUR "DONOR APPRECIATION" INITIATIVES. IN THE TEACHERS AS SCREENERS INITIATIVE, TEACHER VOLUNTEERS REVIEW CLASSROOM PROJECT PROPOSAL DESCRIPTIONS, TO ENSURE THEY CONTAIN THE ELEMENTS NECESSARY TO PROVIDE A CLEAR AND COMPELLING DESCRIPTION OF THE PROJECT OBJECTIVES AND EXPECTED OUTCOMES. IN THE DONOR APPRECIATION INITIATIVE, VOLUNTEERS HELP WITH THE PROCESS OF TAKING STUDENT THANK-YOU LETTERS THAT WE RECEIVE FROM THE CLASSROOM TEACHER AND PREPARING THEM FOR SUBSEQUENT MAILING TO THE PROJECT DONORS. FORM 990, PART I, LINE 5 DONORSCHOOSE.ORG EMPLOYED 203 PERSONS DURING CALENDAR YEAR 2022. MANY OF THESE INDIVIDUALS WERE EITHER SEASONAL OR TEMPORARY WORKERS. AT JUNE 30, 2023, THE FULL TIME STAFF WAS 177. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY OUR PUBLIC ACCOUNTING FIRM. AFTER PREPARATION, IT IS REVIEWED BY THE CHIEF FINANCIAL OFFICER AND THE CHIEF EXECUTIVE OFFICER. FOLLOWING THEIR REVIEW, IT IS REVIEWED AT A MEETING OF THE FINANCE AND AUDIT COMMITTEE, THE CHIEF FINANCIAL OFFICER, THE CHIEF EXECUTIVE OFFICER AND THE PUBLIC ACCOUNTING FIRM. AT THIS MEETING, THE CHIEF FINANCIAL OFFICER AND THE PUBLIC ACCOUNTING FIRM WALK THE ATTENDEES THROUGH THE DOCUMENT AND ANSWER ANY QUESTIONS THAT THEY MAY HAVE. WHEN THE FINANCE AND AUDIT COMMITTEE IS SATISFIED WITH THE FORM 990, THEY APPROVE IT. FOLLOWING APPROVAL BY THE FINANCE AND AUDIT COMMITTEE, THE FORM 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW. IF THERE ARE NO FURTHER QUESTIONS FROM THE BOARD, THE FORM 990 IS FILED BY THE CHIEF FINANCIAL OFFICER. FORM 990, PART VI, SECTION B, LINE 12C PERSONS COVERED UNDER THIS POLICY INCLUDE THE BOARD OF DIRECTORS AND THE KEY EMPLOYEES. THE POLICY IS DISCUSSED AT LEAST ANNUALLY AT A BOARD MEETING. EACH PERSON COVERED UNDER THIS POLICY IS AWARE OF HOW TO REPORT A POTENTIAL CONFLICT OF INTEREST. NO POTENTIAL CONFLICTS OF INTEREST HAVE BEEN REPORTED, BUT IF THEY HAD BEEN, THE POTENTIAL CONFLICT WOULD BE REVIEWED BY THE CHAIRMAN OF THE BOARD AND THE CHAIRMAN OF THE FINANCE AND AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION AT DONORSCHOOSE IS BASED ON A FISCAL YEAR ENDING JUNE 30. DONORSCHOOSE ENGAGED AN EXTERNAL COMPENSATION CONSULTING FIRM TO BENCHMARK SALARIES AND ENSURE FAIR AND EQUITABLE COMPENSATION ACROSS GENDER, RACE, AND OTHER DIMENSIONS OF DIVERSITY FOR ALL EMPLOYEES, INCLUDING KEY EMPLOYEES. FINAL COMPENSATION FOR KEY EMPLOYEES (EXCLUDING THE CHIEF EXECUTIVE OFFICER) IS DETERMINED BY THE CHIEF EXECUTIVE OFFICER, USING DATA FROM THE EXTERNAL COMPENSATION FIRM, IN CONSULTATION WITH THE CHAIRPERSON OF THE BOARD. THE COMPENSATION COMMITTEE MEETS ANUALLY TO REVIEW AND APPROVE THE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER. DONORSCHOOSE WELCOMED A NEW CHIEF EXCUTIVE OFFICER IN APRIL 2022, WHOSE FIRST-YEAR COMPENSATION WAS SET UPON HIRING. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, TAX RETURNS, CONFLICT OF INTEREST POLICY, WHISTLEBLOWER POLICY, NON-DISCRIMINATION POLICY, COMPENSATION COMMITTEE CHARTER, AUDIT COMMITTEE CHARTER, CORPORATE GOVERNANCE COMMITTEE CHARTER, GIFT ACCEPTANCE POLICY AND CAUSE MARKETING DISCLOSURES ARE ALL AVAILABLE FOR VIEWING AND DOWNLOAD AT WWW.DONORSCHOOSE.ORG. FORM 990, PART IX, LINE 24 CLASSROOM MATERIALS INCLUDES THE COSTS OF CLASSROOM PROJECT MATERIALS, DELIVERY AND WHERE APPLICABLE, SALES TAX. CREDIT CARD FEES ARE THE FEES PAID TO THIRD PARTIES TO PROCESS CREDIT CARD DONATIONS MADE AT WWW.DONORSCHOOSE.ORG.