Serving Our Children Inc

Organization Overview

Serving Our Children Inc is located in Washington, DC. The organization was established in 2007. 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 09/2023, Serving Our Children Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Serving Our Children Inc 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 09/2023, Serving Our Children Inc generated $20.1m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $20.1m during the year ending 09/2023. While expenses have increased by 2.6% per year over the past 4 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

SERVING OUR CHILDREN (SOC) IS THE ADMINISTRATOR OF THE D.C. OPPORTUNITY SCHOLARSHIP PROGRAM (OSP). THE OSP PROGRAM OFFERS SCHOLARSHIPS TO LOW-INCOME K-12 STUDENTS IN THE DISTRICT OF COLUMBIA TO ATTEND A PARTICIPATING PRIVATE SCHOOL IN THE DISTRICT OF COLUMBIA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SOC PROCESSED 3,339 APPLICATIONS FOR ENROLLMENT IN THE OPPORTUNITY SCHOLARSHIP PROGRAM FOR THE SCHOOL YEAR ENDING 30 JUNE 2023. SOC REVIEWS EACH APPLICATION TO DETERMINE IF THE INCOME AND RESIDENCY REQUIREMENTS ARE MET. ULTIMATELY, 1,674 STUDENTS WERE AWARDED SCHOLARSHIPS, ACCEPTED AT A PARTICIPATING PRIVATE SCHOOL OF THEIR CHOOSING, AND USED THEIR SCHOLARSHIP DURING THE SCHOOL YEAR. DURING THIS REPORTING PERIOD, THE MAXIMUM SCHOLARSHIP AMOUNT PERMITTED UNDER THE AUTHORIZING LAW WAS $10,204 FOR GRADES K THROUGH 8, AND $15,307 FOR GRADES 9 THROUGH 12.


SERVING OUR CHILDREN SERVES A VERY LOW-INCOME POPULATION. SOC RECOGNIZED THAT FOR MANY OF OUR PARENTS, THE APPLICATION FEE TO SCHOOLS CAN PRESENT A BARRIER TO APPLYING TO MULTIPLE SCHOOLS. SOC HAS DESIRED THAT OUR PARENTS WOULD APPLY TO MULTIPLE SCHOOLS IN ORDER TO FIND THE BEST SCHOOL POSSIBLE FOR THEIR CHILD. TO ENCOURAGE MORE APPLICATIONS FROM OUR FAMILIES, SOC SUBSIDIZES UP TO FIVE APPLICATIONS PER STUDENT, PER YEAR, AS WELL AS ALL REQUIRED TESTING AND EVALUATIONS THAT OUR SCHOOLS MAY REQUIRE FOR ACCEPTANCE.


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Board, Officers & Key Employees

Name (title)Compensation
Rachel Sotsky
Executive Director
$128,088
Robert Uyttebroek
Mgr, Finance & Operations (end 2/23)
$125,355
Kevin Mills
Mgr, Family & Community Engagement
$122,676
Kevin P Chavous
President & Chairman Of The Board
$0
Donald Hense
Treasurer
$0
Emmanuel S Bailey
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $20,111,999
All other contributions, gifts, grants, and similar amounts not included above$12,567
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$20,124,566
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $20,124,566

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