Nonprofit · EIN 87-4788862
BAY EDUCATION FUND
Tax-exempt · OAKLAND, CA 94607
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $5,709,979 | $5,780,303 | -$70,324 | $3,642,793 | $414,451 | $3,228,342 |
| June 30, 2024 | 990 | $6,506,464 | $3,941,962 | $2,564,502 | $3,603,946 | $305,280 | $3,298,666 |
| June 30, 2023 | 990 | $1,039,177 | $1,097,769 | -$58,592 | $765,353 | $34,949 | $730,404 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $5,693,030
- Program service revenue
- $0
- Investment income
- $14,838
- Other revenue
- $2,111
Expenses
- Grants and similar amounts paid
- $790,698
- Compensation of officers, directors and key employees
- $548,363
- Other salaries and wages
- $1,283,922
- Salaries, compensation and benefits (total)
- $2,229,015
- Professional fundraising fees
- $0
- Legal fees
- $1,360
- Accounting fees
- $42,610
- Occupancy
- $13,846
- Travel
- $141,609
- Depreciation
- $1,921
- Program services (functional)
- $4,485,970
- Management and general (functional)
- $1,063,148
- Fundraising (functional)
- $231,185
Balance sheet and other
- Total assets, start of year
- $3,603,946
- Total assets, end of year
- $3,642,793
- Total liabilities, end of year
- $414,451
- Net assets, end of year
- $3,228,342
- Land, buildings and equipment
- $26,894
- Net assets without donor restrictions
- $3,133,342
- Net assets with donor restrictions
- $95,000
- Gross receipts
- $5,709,979
- Employees
- 11
- Volunteers
- 2
- Year formed
- 2022
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Paul Keys | Managing Partner Trustee or director, Officer | 40 | $296,613 | $32,059 |
| Ash Solar | SecretaryPartner Trustee or director, Officer | 40 | $251,750 | $16,800 |
| Nicole Williams Browning | Partner Highest-paid employee | 40 | $181,269 | $24,455 |
| Rachel Heredia | Associate Partner Highest-paid employee | 40 | $110,451 | $17,191 |
| Crystal Arrizon | Associate Partner Highest-paid employee | 40 | $112,336 | $14,910 |
| Tammy Crown | President Trustee or director, Officer | 5 | $0 | $0 |
| Michelle Boyers | Treasurer Trustee or director, Officer | 5 | $0 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Paul Keys | Managing Partner Trustee or director, Officer | 40 | $296,712 | $41,193 |
| Ash Solar | SecretaryPartner Trustee or director, Officer | 40 | $259,000 | $22,500 |
| Crystal Arrizon | Associate Partner Highest-paid employee | 40 | $127,389 | $32,603 |
| Rachel Heredia | Associate Partner Highest-paid employee | 40 | $117,443 | $26,232 |
| Tammy Crown | President Trustee or director, Officer | 5 | $0 | $0 |
| Michelle Boyers | Treasurer Trustee or director, Officer | 5 | $0 | $0 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Paul Keys | Managing Partner Trustee or director, Officer | 65 | $0 |
| Ash Solar | SecretaryPartner Trustee or director, Officer | 65 | $0 |
| Tammy Crown | President Trustee or director, Officer | 3 | $0 |
| Michelle Boyers | Treasurer Trustee or director, Officer | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 495 JACKSON ST 1366, OAKLAND, CA 94607-4329
- In care of
- % PAUL KEYS
- Principal officer (990 for 2024)
- Paul Keys, 495 Jackson Street STE 1366, Oakland, CA 94607
- Signed the 990
- PAUL KEYS, Managing Partner
- Phone
- (650) 204-0575
- Website
- www.bayedfund.org
- Return prepared by
- Mullins PC
California records
California keeps its own records of charities and corporations. Search them by EIN 87-4788862 or by the name BAY EDUCATION FUND.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
Build a community investment fund that catalyzes local movements and transforms district capacity by bringing together families,communities, teachers, district leaders, and philanthropy to co-design a vision for students and implement proven solutions for change in schools.
Program accomplishments
- South San Francisco: In close partnership with South San Francisco Unified School District and community leaders, crafted a comprehensive strategy to make the communitys student vision a reality. The board adopted this strategy with enthusiastic support from the community, and the district has aligned its goals, budget, and staffing resources to the plan. We continue supporting the strategic plans goals through capacity building and partnerships with best-in-class providers who are transforming instruction to be high-quality and student-centered. We continued to train and support family leaders who provided critical input to the strategic plan.Expenses $2,760,356 · grants $790,698
- Ravenswood: Building on the Ravenswood Learner Profile, which engaged over 1,100 students, families, educators, and community leaders to set a unified vision for students, we supported the development of a Community Action Plan, which translated the vision into clear goals and areas for focused improvement. Additionally, over 50 family members participated in our leadership fellowship to deepen their understanding of achievement and opportunity gaps, how school systems work, research about effective schools, and what students need to thrive.Expenses $1,026,610
- Cambiar Fellowship: In partnership with Cambiar Education, we launched a fellowship for 19 school district leaders in the Bay Area. This leaders met throughout the year to deepen their understanding of best practices, solve problems of practice together, and strengthen relationships across the Bay.Expenses $453,003
- Program Development: We continue to evaluate and codify our work to effectively share learnings with others. Weve documented lessons learned and how theyve improved our practices.Expenses $163,758
- San Mateo-Foster City:We launched our third partnership with the San Mateo Foster City School District. To prepare for this, we spoke with over 70 community leaders to ensure they bought into our approach and learn about what they want to see for their students and schools.Expenses $82,243
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 87-4788862
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B12)
- Assets (IRS master file)
- $3,642,793
- Income (IRS master file)
- $5,709,979
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $5,709,979 | $5,780,303 | $3,642,793 | XML |
| 990 | June 2024 | $6,506,464 | $3,941,962 | $3,603,946 | XML |
| 990 | June 2023 | $1,039,177 | $1,097,769 | $765,353 | XML |
| 990 | December 2022 | $1,211,509 | $422,513 | $846,314 | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 87-4788862).
Questions about BAY EDUCATION FUND
- What is the EIN of BAY EDUCATION FUND?
- The employer identification number (EIN) of BAY EDUCATION FUND is 87-4788862.
- Is BAY EDUCATION FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to BAY EDUCATION FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BAY EDUCATION FUND file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BAY EDUCATION FUND due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BAY EDUCATION FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of BAY EDUCATION FUND?
- The 990 for the year ended June 30, 2025 names Paul Keys.
- Who are the officers and directors of BAY EDUCATION FUND?
- The 990 for the year ended June 30, 2025 lists 7 people; 5 received compensation from the organization, the highest $296,613 (Paul Keys, Managing Partner).
- How much revenue does BAY EDUCATION FUND have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $5,709,979, expenses of $5,780,303 and total assets of $3,642,793 at year end.
Other nonprofits in OAKLAND
- ASPIRE PUBLIC SCHOOLS EIN 94-3311088 · last filed 990 for 2025
- KIPP BAY AREA SCHOOLS EIN 20-5010766 · last filed 990 for 2025
- SAMUEL MERRITT UNIVERSITY EIN 94-2992642 · last filed 990 for 2024
- KAISER PERMANENTE BERNARD J TYSON SCHOOL OF MEDICINE INC EIN 81-4053028 · last filed 990 for 2024
- UNIVERSITY OF CALIFORNIA HOME LOAN PROGRAM CORPORATION EIN 46-5081042 · last filed 990 for 2025
- EDUCATION FOR CHANGE EIN 20-2204424 · last filed 990 for 2025
- SEIU UNITED HEALTHCARE WORKERS WEST AND JOINT EMPLOYER EDUCATION FUND EIN 65-1239046 · last filed 990 for 2024
- COLLEGE TRACK EIN 94-3279613 · last filed 990 for 2025