Springboard Collaborative
- Assets
- $12.7m
- Revenue
- $22.8m
- Investments
- $0.0
- Employees
- 758
- Location
- Philadelphia, PA
- Founding
- 01/2012
- Data as of
- 12/2021
- EIN
- 45-3719806
Organization Overview
Springboard Collaborative is located in Philadelphia, PA. The organization was established in 2012. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2021, Springboard Collaborative employed 758 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Springboard Collaborative 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 12/2021, Springboard Collaborative generated $22.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 33.3% each year . All expenses for the organization totaled $19.4m during the year ending 12/2021. While expenses have increased by 35.0% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SPRINGBOARD COLLABORATIVE CLOSES THE LITERACY GAP BY CLOSING THE GAP BETWEEN HOME AND SCHOOL. WE COACH EDUCATORS AND FAMILY MEMBERS TO HELP KIDS LEARN TO READ BY THE FOURTH GRADE. SPRINGBOARD ENVISIONS A WORLD IN WHICH ALL CHILDREN HAVE THE REQUISITE LITERACY SKILLS TO ACCESS LIFE OPPORTUNITIES. KEY PROGRAMS INCLUDE: FLAGSHIP IS AN INTENSIVE 5 TO 10 WEEK LITERACY PROGRAM FEATURING DAILY READING INSTRUCTION FOR PRE-K THROUGH THIRD-GRADERS; WORKSHOPS TRAINING PARENTS TO TEACH READING AT HOME AND COACHING FOR TEACHERS. SPRINGBOARD LEARNING ACCELERATOR (SLA) IS A LIGHTER TOUCH MODEL THAT PROVIDES THE STRUCTURE, SUPPORT AND RESOURCES EDUCATORS AND FAMILIES NEED TO SET AND ACHIEVE READING GOALS WITHIN A 5-10 WEEK PERIOD IN THE SUMMER OR SCHOOL YEAR. INSTRUCTIONAL COMPONENTS ARE MODULAR AND CUSTOMIZABLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O UNDER PART III SECTION 1.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alejandro Gibes DE Gac CEO & Founde | Officer | 40 | $405,000 |
Aubrey White President | Officer | 40 | $318,200 |
Jeffrey Feinman VP Of Partne | Officer | 40 | $223,200 |
Gregory Sampson VP Of Engine | 40 | $209,060 | |
Rukiya Ross VP Of Bus St | Officer | 40 | $189,814 |
Megan Rosenbach VP Impact St | Officer | 40 | $177,799 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
U2i Worldwide Llc Service | 12/30/20 | $281,406 |
National Innovation Service Pbc Service | 12/30/20 | $130,411 |
Andrea Stouder Pursley Llc Service | 12/30/20 | $112,054 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,646,549 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,249,745 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,896,294 |
| Total Program Service Revenue | $5,892,068 |
| Investment income | $7,599 |
| 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 | $22,795,961 |
| 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. | $1,314,013 |
| Compensation of current officers, directors, key employees. | $670,933 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,501,869 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $556,951 |
| Payroll taxes | $992,235 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,781 |
| Fees for services: Accounting | $104,305 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $255,070 |
| Office expenses | $190,266 |
| Information technology | $652,274 |
| Royalties | $0 |
| Occupancy | $464,194 |
| Travel | $55,187 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,280 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,542 |
| Insurance | $37,238 |
| All other expenses | $556,783 |
| Total functional expenses | $19,402,779 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,021,847 |
| Savings and temporary cash investments | $4,965,827 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $979,434 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,255,178 |
| Prepaid expenses and deferred charges | $353,475 |
| Net Land, buildings, and equipment | $76,190 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,704 |
| Total assets | $12,671,655 |
| Accounts payable and accrued expenses | $1,096,653 |
| Grants payable | $0 |
| Deferred revenue | $207,750 |
| 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 | $1,304,403 |
| Net assets without donor restrictions | $10,877,252 |
| Net assets with donor restrictions | $490,000 |
| 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 | $12,671,655 |
Grants Recieved
Over the last fiscal year, we have identified 48 grants that Springboard Collaborative has recieved totaling $10,055,608.
| Awarding Organization | Amount |
|---|---|
Tenacre Foundation Princeton, NJ PURPOSE: GENERAL SUPPORT | $2,000,000 |
Tenacre Foundation Princeton, NJ PURPOSE: GENERAL SUPPORT | $2,000,000 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Human Services | $1,000,000 |
Michael & Susan Dell Foundation Austin, TX PURPOSE: PROVIDING PARENTS WITH DATA-DRIVEN TOOLS TO SUPPORT STUDENTS | $500,000 |
Crankstart Foundation San Francisco, CA PURPOSE: GENERAL SUPPORT - SAN FRANCISCO | $500,000 |
Crankstart Foundation San Francisco, CA PURPOSE: SAN FRANCISCO SCHOOL-BASED SITES IN NEED OF LITERACY SUPPORT PROGRAMMING | $456,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Great Lakes Community Action Partnership Fremont, OH | $28,522,004 | $53,103,851 |
Jewish Community Council Of Greater Coney Island Inc Brooklyn, NY | $14,065,313 | $45,116,234 |
Elrc4kids Inc Greensburg, PA | $6,335,708 | $42,009,228 |
Greater Bergen Community Action Inc Hackensack, NJ | $31,538,152 | $42,343,270 |
Ezras Choilim Health Center Inc Monroe, NY | $23,435,027 | $45,592,726 |
Metropolitan New York Coordinating Council On Jewish Poverty New York, NY | $56,489,415 | $47,513,181 |
Puerto Rican Family Institute Inc New York, NY | $23,494,373 | $43,970,504 |
Educational Alliance Inc New York, NY | $44,753,122 | $39,086,207 |
Catholic Charities- Diocese Of Metuchen Perth Amboy, NJ | $28,793,391 | $35,804,723 |
Jewish Social Service Agency Rockville, MD | $78,004,250 | $40,027,018 |
Community Service Society Of New York New York, NY | $233,496,179 | $32,750,647 |
Catholic Charities Of The Diocese Of Rockville Centre Hicksville, NY | $31,875,049 | $43,453,914 |