Donorschoose Org
- Assets
- $131.3m
- Revenue
- $187.3m
- Investments
- $12.8m
- Employees
- 194
- Location
- New York, NY
- Founding
- 11/2000
- Data as of
- 06/2022
- EIN
- 13-4129457
Organization Overview
Donorschoose Org is located in New York, NY. The organization was established in 2000. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 06/2022, Donorschoose Org employed 194 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Donorschoose Org is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Donorschoose Org generated $187.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $175.6m during the year ending 06/2022. While expenses have increased by 12.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
DONORSCHOOSE.ORG IS A SIMPLE WAY TO PROVIDE STUDENTS WITH THE RESOURCES THEY NEED TO LEARN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLASSROOM PROJECT FULFILLMENT:DURING FISCAL YEAR 2022, OUR DONORS HAVE PROVIDED $187 MILLION TO FUND 343,100 CLASSROOM PROJECTS, SUPPORTING 171,490 TEACHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Best CEO (to Jun 2022) | Officer | 40 | $340,826 |
Oliver Hurst-Hiller Chief Technology Officer | Officer | 40 | $290,291 |
Katie Bisbee Chief Marketing Officer | Officer | 40 | $289,958 |
Geoffrey Hill Chief Financial Officer | Officer | 40 | $275,752 |
Julia Prieto Chief Operating Officer | Officer | 40 | $275,000 |
Daniel Betz Vp, Product & Design | 40 | $189,409 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $41,353,885 |
| All other contributions, gifts, grants, and similar amounts not included above | $145,504,805 |
| Noncash contributions included in lines 1a–1f | $3,543,354 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $186,858,690 |
| Total Program Service Revenue | $0 |
| Investment income | $514,450 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$56,112 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $187,317,028 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,155,512 |
| Compensation of current officers, directors, key employees. | $454,578 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,019,181 |
| Pension plan accruals and contributions | $417,473 |
| Other employee benefits | $2,180,619 |
| Payroll taxes | $1,032,079 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $44,315 |
| Fees for services: Accounting | $75,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $110,727 |
| Fees for services: Other | $986,793 |
| Advertising and promotion | $146,675 |
| Office expenses | $446,246 |
| Information technology | $1,430,603 |
| Royalties | $0 |
| Occupancy | $1,088,351 |
| Travel | $214,241 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,109,116 |
| Insurance | $77,881 |
| All other expenses | $98,511 |
| Total functional expenses | $175,623,030 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,366,277 |
| Savings and temporary cash investments | $63,776,559 |
| Pledges and grants receivable | $14,256,889 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,303,438 |
| Net Land, buildings, and equipment | $4,036,376 |
| Investments—publicly traded securities | $8,335,240 |
| Investments—other securities | $12,804,010 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $371,250 |
| Total assets | $131,250,039 |
| Accounts payable and accrued expenses | $2,368,474 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,368,474 |
| Net assets without donor restrictions | $89,265,007 |
| Net assets with donor restrictions | $39,616,558 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $131,250,039 |
Grants Recieved
Over the last fiscal year, we have identified 16 grants that Donorschoose Org has recieved totaling $101,637.
| Awarding Organization | Amount |
|---|---|
Mst Foundation Fort Lauderdale, FL PURPOSE: TO PROVIDE SUPPORT | $20,131 |
Gerard And Carolyn Martin Foundation Inc Odessa, FL PURPOSE: SUPPORT OF MISSION TO DONATE TO CLASSROOMS DIRECTLY THROUGH THIS CHARITY | $18,753 |
Bud Frankel Family Foundation New York, NY PURPOSE: CHARITABLE | $17,200 |
Starting Line Foundation Boulder, CO PURPOSE: GENERAL PURPOSE | $15,000 |
Bud Frankel Family Foundation New York, NY PURPOSE: CHARITABLE | $15,000 |
Shinemaker Foundation Mill Valley, CA PURPOSE: GENERAL DONATION TO PUBLIC CHARITY | $4,216 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Carnegie Corporation Of New York New York, NY | $4,684,968,837 | $324,137,499 |
Donorschoose Org New York, NY | $131,250,039 | $187,317,028 |
Fund For Public Schools Inc New York, NY | $69,123,846 | $27,701,638 |
National Collegiate Inventors & Innovators Alliance Hadley, MA | $19,763,432 | $45,805,073 |
Ernst & Young Foundation New York, NY | $39,971,970 | $27,635,064 |
Kipp New York Inc New York, NY | $134,718,837 | $36,118,873 |
Nellie Mae Education Foundation Inc Quincy, MA | $585,493,964 | $94,584,276 |
Say Yes Buffalo Scholarship Inc Buffalo, NY | $26,879,466 | $14,014,941 |
The Heckscher Foundation For Children New York, NY | $236,760,119 | $11,760,357 |
United Federation Of Teachers Educational Foundation Inc New York, NY | $18,651,586 | $11,866,585 |
Vista Foundation Hershey, PA | $12,658,681 | $12,905,128 |
Caroline & Joseph S Gruss Life Monument Funds Inc New York, NY | $48,124,527 | $2,679,769 |