Donorschoose Org
- Assets
- $133.5m
- Revenue
- $153.6m
- Investments
- $14.2m
- Employees
- 203
- Location
- New York, NY
- Founding
- 11/2000
- Data as of
- 06/2023
- 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 06/2023, Donorschoose Org employed 203 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 06/2023, Donorschoose Org generated $153.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $155.4m during the year ending 06/2023. While expenses have increased by 6.1% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
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:
CLASSROOM PROJECT FULFILLMENT:DURING FISCAL YEAR 2023, OUR DONORS HAVE PROVIDED $156 MILLION TO FUND 316,810 CLASSROOM PROJECTS, SUPPORTING 158,000 TEACHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Theresia Gouw Chairman | OfficerTrustee | 5 | $0 |
Yvette Nicole Brown Vice Chairman | OfficerTrustee | 2 | $0 |
W Kamau Bell Board Member | Trustee | 2 | $0 |
Charles Best Ceo To Jun 2022 Board Member (as Of Jun 2022) | Trustee | 2 | $291,530 |
Peter Bloom Board Member | Trustee | 2 | $0 |
Amanda Calzada Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $12,273,011 |
| All other contributions, gifts, grants, and similar amounts not included above | $140,480,837 |
| Noncash contributions included in lines 1a–1f | $2,501,310 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $152,753,848 |
| Total Program Service Revenue | $0 |
| Investment income | $1,008,528 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$122,140 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $153,640,236 |
| 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. | $1,940,891 |
| Compensation of current officers, directors, key employees. | $276,120 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,771,671 |
| Pension plan accruals and contributions | $476,701 |
| Other employee benefits | $2,818,717 |
| Payroll taxes | $1,259,163 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,325 |
| Fees for services: Accounting | $31,736 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $125,849 |
| Fees for services: Other | $1,262,159 |
| Advertising and promotion | $798,467 |
| Office expenses | $564,198 |
| Information technology | $1,700,177 |
| Royalties | $0 |
| Occupancy | $1,082,002 |
| Travel | $590,479 |
| 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 | $2,286,402 |
| Insurance | $108,348 |
| All other expenses | $108,310 |
| Total functional expenses | $155,382,727 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,475,340 |
| Savings and temporary cash investments | $75,525,092 |
| Pledges and grants receivable | $15,697,641 |
| 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 | $1,728,512 |
| Net Land, buildings, and equipment | $4,179,086 |
| Investments—publicly traded securities | $8,865,981 |
| Investments—other securities | $14,153,378 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,908,207 |
| Total assets | $133,533,237 |
| Accounts payable and accrued expenses | $1,762,813 |
| 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 | $2,830,745 |
| Total liabilities | $4,593,558 |
| Net assets without donor restrictions | $93,537,128 |
| Net assets with donor restrictions | $35,402,551 |
| 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 | $133,533,237 |