4point0 Schools
- Assets
- $9.7m
- Revenue
- $6.3m
- Investments
- $0.0
- Employees
- 16
- Location
- New Olreans, LA
- Founding
- 03/2011
- Data as of
- 06/2021
- EIN
- 27-3474661
Organization Overview
4point0 Schools, operating under the name Na, is located in New Olreans, LA. The organization was established in 2011. 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 06/2021, Na employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Na 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 06/2021, Na generated $6.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $4.8m during the year ending 06/2021. While expenses have increased by 10.2% per year over the past 6 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.
Since 2016, Na has awarded 142 individual grants totaling $2,236,209. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE TRAINING, INVESTMENT, AND START-UP SUPPORT TO NEW AND EXISTING ORGANIZATIONS DEDICATED TO IMPROVING SCHOOLING IN THE UNITED STATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INVESTMENTS: THE INVESTMENTS PROGRAM CONSISTS OF ESSENTIALS AND TINY FELLOWSHIPS. ESSENTIALS IS AN INTENSIVE, THREE-DAY WORKSHOP WHERE WE TEACH ASPIRING ENTREPRENEURS TO PRECISELY DEFINE THE PROBLEM THEY'RE TRYING TO SOLVE. TINY FELLOWSHIPS - A SELF-PACED, OPT-IN PROGRAM THAT PROVIDES EARLY-STAGE ENTREPRENEURS WITH THE COACHING, CAPITAL, AND COMMUNITY THEY NEED TO VALIDATE AND TEST A WEEK TO A SEMESTER-LONG PILOT OF THEIR NEW SCHOOL OR LEARNING SPACE WITHOUT QUITTING THEIR DAY JOBS.
ECOSYSTEM: THE ECOSYSTEM PROGRAM IS RESPONSIBLE FOR BRINGING NEW LEADS INTO OUR LEADER PIPELINE AND MOVING QUALIFIED LEADS THROUGH OUR PIPELINE TO OUR PROGRAM APPLICATIONS AS WELL AS OVERALL ORGANIZATIONAL OUTREACH AND PROMOTION. THE PROGRAM ALSO PROVIDES GRADUATES OF THE TINY FELLOWSHIP COACHING AND CONNECTIONS THAT SUPPORT THEM AS THEY SEEK TO GROW THEIR VENTURES. THIS INCLUDES, BUT IS NOT LIMITED TO, COACHING ON HOW TO WRITE QUALITY APPLICATIONS TO OTHER FELLOWSHIPS AND PROGRAMS, MONTHLY NEWSLETTERS RELAYING OPPORTUNITIES 4POINT0 HAS IDENTIFIED FOR GRADUATES, AND ACCESS TO RESOURCES FOR TEAMS TO CLEARLY ARTICULATE THE IMPACT OF THE PILOTS THEY COMPLETE IN THE TINY FELLOWSHIP. 4POINT0 ALSO DIRECTLY CONNECTS ALUMNI TO VARIOUS OPPORTUNITIES AND PARTNERS THAT FOUNDERS HAVE INDICATED THEY WANT TO CONNECT WITH.
PHILANTHROPY: THE PHILANTHROPY PROGRAMS TEST CONCEPTS IN BROADENING WHO IDENTIFIES AND/OR IS INVITED TO EXERCISE THE POWERS OF A PHILANTHROPIST OR FUNDER. PILOT PROGRAMS HAVE BUILT NETWORKS OF ANGEL AND VENTURE PHILANTHROPISTS AND CONNECTED THEM TO OUR ALUMNI POOL OF FOUNDERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hassan Hassan CEO | OfficerTrustee | 40 | $151,681 |
Marlo Barrera Dir. Programs | 40 | $108,777 | |
Cambria Chief Talent Ofc | 40 | $102,129 | |
Caroline Hill Chairman | OfficerTrustee | 2 | $0 |
Tom Vander Ark Director | Trustee | 2 | $0 |
Alex Cortez Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,188,632 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,188,632 |
| Total Program Service Revenue | $84,689 |
| Investment income | $10,039 |
| 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 | $6,283,360 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,214,651 |
| Grants and other assistance to domestic individuals. | $330,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $165,199 |
| Compensation of current officers, directors, key employees. | $24,780 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,118,318 |
| Pension plan accruals and contributions | $39,333 |
| Other employee benefits | $69,700 |
| Payroll taxes | $95,084 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $51,609 |
| Fees for services: Accounting | $49,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,108,683 |
| Advertising and promotion | $0 |
| Office expenses | $7,404 |
| Information technology | $108,198 |
| Royalties | $0 |
| Occupancy | $295,660 |
| Travel | $5,408 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,219 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,579 |
| Insurance | $24,898 |
| All other expenses | $17,640 |
| Total functional expenses | $4,790,851 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,241,907 |
| Savings and temporary cash investments | $2,424,410 |
| Pledges and grants receivable | $4,789,047 |
| Accounts receivable, net | $3,479 |
| 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 | $76,651 |
| Net Land, buildings, and equipment | $58,263 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $79,534 |
| Other assets | $51,411 |
| Total assets | $9,724,702 |
| Accounts payable and accrued expenses | $256,381 |
| 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 | $256,381 |
| Net assets without donor restrictions | $9,138,376 |
| Net assets with donor restrictions | $329,945 |
| 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 | $9,724,702 |
Grants Awarded
Over the last fiscal year, 4point0 Schools has awarded $1,008,500 in support to 59 organizations.
| Grant Recipient | Amount |
|---|---|
MAKE IT COUNT LLC PURPOSE: Educational system challenges | $35,000 |
New Orleans, LA PURPOSE: Educational system challenges | $35,000 |
Atlanta, GA PURPOSE: Educational system challenges | $30,000 |
Metairie, LA PURPOSE: Educational system challenges | $30,000 |
San Francisco, CA PURPOSE: Educational system challenges | $25,000 |
New Orleans, LA PURPOSE: Educational system challenges | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that 4point0 Schools has recieved totaling $3,000,000.
| Awarding Organization | Amount |
|---|---|
Charles Koch Institute Arlington, VA PURPOSE: EDUCATION | $2,500,000 |
The Seminar Network Inc Arlington, VA PURPOSE: General Operating Support | $250,000 |
New Profit Inc Boston, MA PURPOSE: PROGRAM EXPANSION | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Harold E Riley Foundation Fort Worth, TX | $357,850 | $584,984 |
Compass Rose Education Inc San Antonio, TX | $15,459,454 | $19,431,467 |
Three Oclock Project Baton Rouge, LA | $1,930,450 | $18,582,179 |
Athlos Louisiana Terrytown, LA | $4,119,183 | $17,119,142 |
Valor Texas Education Foundation Austin, TX | $20,040,325 | $11,565,701 |
Eugene Higgins Charitable Trust Dallas, TX | $194,077,327 | $32,131,659 |
Lyndon Baines Johnson Foundation Austin, TX | $271,934,270 | $12,544,612 |
Joe W & Dorothy Dorsett Brown Foundation Metairie, LA | $122,222,465 | $11,452,057 |
Canfield Family Foundation Austin, TX | $4,029,217 | $166,419 |
Yellowstone Academy Inc Houston, TX | $16,392,464 | $16,744,043 |
Houston Community College Foundation Houston, TX | $19,733,211 | $7,332,146 |
Houston Independent School District Foundation Houston, TX | $7,123,064 | $5,838,395 |