4point0 Schools
- Assets
- $8.1m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 23
- Location
- New Orleans, LA
- Founding
- 03/2011
- Data as of
- 06/2022
- EIN
- 27-3474661
Organization Overview
4point0 Schools, operating under the name Na, is located in New Orleans, 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 06/2022, Na employed 23 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 06/2022, Na generated $2.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $3.9m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Na has awarded 186 individual grants totaling $2,741,437. 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
2022
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
ENTREPRENEURIAL FELLOWSHIPS: (1) THE TINY FELLOWSHIP SERVES AS AN IN-DEPTH, HANDS-ON EXPLORATION OF AN EXISTING CONCEPT. TINY PROGRAM PARTICIPANTS LEAVE POSITIONED TO CONTINUE GROWING THEIR ORGANIZATION ON THEIR OWN. TINY OFFERS INTENSIVE FINANCIAL AND EDUCATIONAL SUPPORT DURING AND AFTER THE PROGRAM. (2) THE ESSENTIALS FELLOWSHIP EXISTS AS A FIRST-CHECK, FIRST-STAGE DEVELOPMENT AND INITIAL TESTING OF AN IDEA IN ORDER TO SHOW EFFICACY AND DEVELOP A PITCH FOR NEXT-STAGE FUNDING.
ALUMNI PATHWAYS - 4.0 ALUMNI WILL GROW EXPERTISE AND APPLY MINDSETS, SKILLS AND RELATIONSHIPS AS EDUCATION CHANGEMAKERS. ALL 4.0 ALUMNI ARE SUPPORTED TO GROW IN THEIR ROLE AND/OR MOVE FROM ROLE TO ROLE. THIS IS DONE THROUGH GIVING CIRCLES, COMMUNITY BUILDING, PROFESSIONAL DEVELOPMENT, LEADERSHIP ADVANCEMENT, AND STORYTELLING.
PHILANTHROPIC FELLOWSHIP - CHANGEMAKERS WILL LEARN HOW TO COLLECTIVELY SET FUNDING AGENDAS, RAISE POOLED FUNDS, AND WRITE CHECKS THROUGH A DEMOCRATIC GIVING PROCESS. THE PHILANTHROPIC FELLOWSHIP FOCUSES ON GUIDING INDIVIDUALS IN DEVELOPING AND PRACTICING THE IDENTITY OF PHILANTHROPISTS. FUNDERS QUALIFYING FOR THIS PROGRAM COMMIT TO INVESTING A MINIMUM OF $1,000 INTO THE GIVING CIRCLE TO BE DEPLOYED TO 4.0 ALUMNI.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hassan Hassan CEO | OfficerTrustee | 40 | $152,926 |
Lynise Harris Chief Human Assets | 40 | $136,495 | |
Raphael Gang Chief Ext Relation | 40 | $116,366 | |
Tracy Dumas Clark Chief Program Ofr | 40 | $110,006 | |
Christopher Cromwell COO | Officer | 40 | $82,510 |
James Eustis Treasurer | 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 | $2,412,481 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,412,481 |
| Total Program Service Revenue | $9,626 |
| Investment income | $3,096 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$58,264 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,366,939 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $535,740 |
| Grants and other assistance to domestic individuals. | $173,734 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $326,725 |
| Compensation of current officers, directors, key employees. | $84,891 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,354,410 |
| Pension plan accruals and contributions | $51,922 |
| Other employee benefits | $114,387 |
| Payroll taxes | $131,234 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $36,618 |
| Fees for services: Accounting | $16,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $5,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $746,730 |
| Advertising and promotion | $0 |
| Office expenses | $3,961 |
| Information technology | $51,134 |
| Royalties | $0 |
| Occupancy | $148,381 |
| Travel | $43,800 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,670 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $34,882 |
| All other expenses | $6,508 |
| Total functional expenses | $3,926,680 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,823,397 |
| Savings and temporary cash investments | $3,687,991 |
| Pledges and grants receivable | $2,417,718 |
| Accounts receivable, net | $13,932 |
| 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 | $30,803 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $79,532 |
| Other assets | $0 |
| Total assets | $8,053,373 |
| Accounts payable and accrued expenses | $144,793 |
| 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 | $144,793 |
| Net assets without donor restrictions | $7,908,580 |
| Net assets with donor restrictions | $0 |
| 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 | $8,053,373 |
Grants Awarded
Over the last fiscal year, 4point0 Schools has awarded $505,228 in support to 44 organizations.
| Grant Recipient | Amount |
|---|---|
ABACUS MIND MATH TUTORS PURPOSE: Tiny Fellowship, Angel | $6,500 |
ARTS EDUCATION IN MD SCHOOLS PURPOSE: Tiny Fellowship | $17,000 |
ARTSNOLA PURPOSE: Tiny Fellowship | $10,000 |
ASE LEARNING ACADEMY LLC PURPOSE: Tiny Fellowship | $10,000 |
ATLAS PUBLIC SCHOOLS PURPOSE: Tiny Fellowship Program | $10,000 |
BARTON INST FOR COMM ACTION PURPOSE: Tiny Fellowship | $10,000 |