2025-04-06T21:21:49-05:00 2024-06-30 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2023-07-01 134129457 DONORSCHOOSEORG DONO 2122393615 134 WEST 37TH STREET - 11 FL NEW YORK NY 10018 GEOFFREY HILL CHIEF FINANCIAL OFFICER 2122393615 2025-04-03 1 0 FREDERICK MARTENS P00298107 2126972299 2023 2025-03-06 01:10:19Z ALIX GUERRIER 134 WEST 37TH STREET - 11 FL NEW YORK NY 10018 221959004 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. 13 13 215 280 0 0 152753848 190600548 0 0 886388 3385624 0 0 153640236 193986172 0 0 0 0 19267143 23784840 0 0 11448902 136115584 158502206 155382727 182287046 -1742491 11699126 133533237 145221332 4593558 4101847 128939679 141119485 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 167614152 DURING FISCAL YEAR 2024, OUR DONORS HAVE PROVIDED $190 MILLION TO FUND 324,630 CLASSROOM PROJECTS, SUPPORTING 183,600 TEACHERS. 167614152 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 60 0 1 215 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 1 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 BOARD MEMBER 2.00 X 0 0 0 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 DESIREE ROGERS BOARD MEMBER (TO JAN 2024) 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 40.00 X 442783 0 64983 KATIE BISBEE CHIEF MARKETING OFFICER 40.00 X 323586 0 45700 OLIVER HURST-HILLER CHIEF TECHNOLOGY OFFICER 40.00 X 319190 0 40858 GEOFFREY HILL CHIEF FINANCIAL OFFICER 40.00 X 330817 0 59190 JULIA PRIETO CHIEF OPERATING OFFICER 40.00 X 320790 0 47923 RISA WARD SVP, STRATEGY & CHIEF OF STAFF 40.00 X 234590 0 17617 ABIGAIL FEUER EXECUTIVE VICE PRESIDENT, STRATEGY 40.00 X 220730 0 49940 DANIEL BETZ VICE PRESIDENT, PRODUCT & DESIGN 40.00 X 217415 0 52511 NANCY MOND VICE PRESIDENT, ENGINEERING 40.00 X 217040 0 34116 MICHAEL WALKER VICE PRESIDENT, ENGINEERING 40.00 X 212664 0 54090 2839605 0 466928 69 0 1 0 0 53612400 136988148 981908 190600548 2726427 2726427 28632029 27972832 659197 659197 659197 193986172 0 0 3385624 X 2036865 1057270 287208 692387 16044983 9660904 1235697 5148382 595789 359812 45110 190867 3737155 2225930 298453 1212772 1370048 813169 114083 442796 32650 32650 88502 88502 225718 225718 1219302 667919 95492 455891 2050631 2050631 646334 368055 123324 154955 1843356 1216342 209430 417584 998189 629175 86869 282145 808600 462137 54167 292296 2406915 2310937 22593 73385 100604 100604 CLASSROOM MATERIALS 146192187 146192187 CREDIT CARD FEES 1568736 1568736 BAD DEBT EXPENSE 176696 176696 THANK YOU PACKAGE 81579 81579 62207 27396 34811 182287046 167614152 3223992 11448902 10475340 17954927 75525092 57191447 15697641 15126341 1728512 2782556 10374777 5652914 4179086 4721863 8865981 31579405 14153378 13664397 2908207 2200396 133533237 145221332 1762813 2023504 2830745 2078343 4593558 4101847 X 93537128 96765707 35402551 44353778 128939679 141119485 133533237 145221332 11699126 480680 0 X 0 1 X 1 1 1 X 147777790 157631539 186858690 152753848 190600548 835622415 147777790 157631539 186858690 152753848 190600548 835622415 971052 834651363 1055892 288086 514450 1008528 2726427 5593383 841215798 0.99220 0.98670 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2490818 1925175 565643 167638 167638 0 7716321 3560101 4156220 4721863 INVESTMENT FUND - FIXED INCOME 3867304 F INVESTMENT FUND - MIDDLE MARKET LENDING 489754 F INVESTMENT FUND - SUSTAINABLE INVESTING 395559 F INVESTMENT FUND - GROWTH STAGE PRIVATE EQUITY 1481356 F INVESTMENT FUND - PRIVATE EQUITY PARTNERSHIPS 1003734 F INVESTMENT FUND - DISTRESSED INVESTMENTS 296724 F PRIVATE CREDIT FUND 1085005 F ALTERNATIVE INVESTMENT - ABSOLUTE RETURN 4713150 F CASH HELD FOR INVESTMENT 331811 F 13664397 OPERATING LEASE LIABILITY 2078343 2078343 225812659 480680 31571525 32052205 193760454 225718 225718 193986172 213632853 31571525 31571525 182061328 225718 225718 182287046 CENTRAL AMERICA AND THE CARIBBEAN - 0 0 INVESTMENTS - FORM 990, PART X, LINE 12 10370666 0 0 0 0 0 0 10370666 0 10370666 1 0 1 0 1 0 X X X X X X 0 0 0 0 0 0 0 0 0 ALIX GUERRIER CEO 442783 0 0 0 0 0 16750 0 48233 0 507766 0 0 0 KATIE BISBEE CHIEF MARKETING OFFICER 323586 0 0 0 0 0 14238 0 31462 0 369286 0 0 0 OLIVER HURST-HILLER CHIEF TECHNOLOGY OFFICER 319190 0 0 0 0 0 15250 0 25608 0 360048 0 0 0 GEOFFREY HILL CHIEF FINANCIAL OFFICER 330817 0 0 0 0 0 15250 0 43940 0 390007 0 0 0 JULIA PRIETO CHIEF OPERATING OFFICER 320790 0 0 0 0 0 5888 0 42035 0 368713 0 0 0 RISA WARD SVP, STRATEGY & CHIEF OF STAFF 234590 0 0 0 0 0 6492 0 11125 0 252207 0 0 0 ABIGAIL FEUER EXECUTIVE VICE PRESIDENT, STRATEGY 220730 0 0 0 0 0 11108 0 38832 0 270670 0 0 0 DANIEL BETZ VICE PRESIDENT, PRODUCT & DESIGN 217415 0 0 0 0 0 10918 0 41593 0 269926 0 0 0 NANCY MOND VICE PRESIDENT, ENGINEERING 217040 0 0 0 0 0 10053 0 24063 0 251156 0 0 0 MICHAEL WALKER VICE PRESIDENT, ENGINEERING 212664 0 0 0 0 0 10349 0 43741 0 266754 0 0 0 X 27 981908 QUOTED 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 215 PERSONS DURING CALENDAR YEAR 2023. MANY OF THESE INDIVIDUALS WERE EITHER SEASONAL OR TEMPORARY WORKERS. AT JUNE 30, 2024, THE FULL TIME STAFF WAS 186. FORM 990, PART VI, SECTION A, LINE 4 DURING THE MARCH 6, 2024 BOARD MEETING, THE BOARD APPROVED AND ADOPTED AN AMENDED VERSION OF THE BY-LAWS FOR DONORSCHOOSE. THE KEY CHANGES INCLUDED: CLARIFIED REFERENCES TO SPECIFIC ROLES GIVEN SOME OF THOSE ROLES HAVE SINCE CHANGED, SIMPLIFIED THE DEFINITION OF A QUORUM, ADDED FLEXIBILITY TO THE NUMBER OF REQUIRED OFFICERS AND MAXIMUM NUMBER OF BOARD MEMBERS, AND REMOVED DETAILS THAT OVERLAP WITH OTHER POLICIES DEFINED ELSEWHERE. 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. FOR FISCAL YEAR 2024, 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 ANNUALLY TO REVIEW AND APPROVE THE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER. 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.