Innovate Public Schools
- Assets
- $9.5m
- Revenue
- $8.0m
- Investments
- $0.0
- Employees
- 62
- Location
- San Jose, CA
- Founding
- 02/2015
- Data as of
- 06/2022
- EIN
- 46-2155826
Organization Overview
Innovate Public Schools is located in San Jose, CA. The organization was established in 2015. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Innovate Public Schools employed 62 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Innovate Public Schools 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, Innovate Public Schools generated $8.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $7.7m during the year ending 06/2022. While expenses have increased by 16.7% 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.
Since 2020, Innovate Public Schools has awarded 13 individual grants totaling $344,000. 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
BUILD THE PARENT AND COMMUNITY DEMAND FOR WORLD-CLASS PUBLIC SCHOOLS, AND TO ACCELERATE THE GROWTH OF THESE SCHOOLS, PARTICULARLY FOR LOW-INCOME STUDENTS, STUDENTS OF COLOR, AND STUDENTS WITH SPECIAL NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PARENT ORGANIZING - PARENTS HAVE A UNIQUE AND CRITICAL ROLE IN IMPROVING PUBLIC SCHOOLS. INNOVATE PUBLIC SCHOOLS SUPPORTS PARENTS ACROSS THE BAY AREA AND LOS ANGELES TO BUILD ORGANIZATIONS IN THEIR COMMUNITIES THAT CAN SUCCESSFULLY ADVOCATE FOR BETTER SCHOOLS AND HOLD THE SYSTEM ACCOUNTABLE TO THE NEEDS OF THEIR CHILDREN. AS OF JUNE 30, 2022, THE ORGANIZATION HAS ACTIVE PARENT ORGANIZATIONS IN LOS ANGELES, SAN JOSE, REDWOOD CITY, EAST PALO ALTO AND SAN FRANCISCO. ALSO THIS FISCAL YEAR THE NATIONAL ORGANIZING TEAM SUPPORTED THREE URBAN LEAGUES IN CHARLESTON, JACKSONVILLE, AND CINCINNATI TO DEVELOP A PARENT-CENTERED ORGANZING STRATEGY AND EXECUTE AN ACTIONABLE CHANGE IN EDUCATION POLICY.
RESEARCH, POLICY & COMMUNICATION - THE ORGANIZATION PUBLISHES ACTIONABLE RESEARCH AND DATA ON SCHOOL QUALITY, DESIGNED TO SHOW THE URGENCY OF IMPROVING PUBLIC SCHOOLS, PARTICULARLY FOR HISTORICALLY UNDERSERVED STUDENTS. THROUGH PUBLIC EVENTS, WORKSHOPS, AND ONLINE RESOURCES, THE ORGANIZATION WORKS TO GET THIS RESEARCH AND DATA INTO THE HANDS OF PARENTS, PUBLIC OFFICIALS, BUSINESS LEADERS, SCHOOL LEADERS, AND LOCAL EDUCATION ADVOCATES.
SCHOOLS - THE ORGANIZATION'S MAJOR SCHOOL SUPPORT EFFORTS ARE THE SCHOOLS FELLOWSHIP PROGRAM. THE ORGANIZATION LAUNCHED THE FELLOWSHIP IN FALL 2013. THIS IS THE ORGANIZATION'S FLAGSHIP PROGRAM TO PREPARE SCHOOL LEADERSHIP TEAMS FROM BOTH DISTRICT AND NONPROFIT PUBLIC CHARTER SCHOOLS TO LEAD EXCELLENT PUBLIC SCHOOLS. THE FELLOWSHIP PROVIDES A HOLISTIC SET OF SUPPORTS TAILORED TO THE NEEDS OF EACH ORGANIZATION.
LOBBYING - THE LOBBYING EFFORTS AT THE STATE LEVEL HAVE BEEN PRIMARILY ON THE CALIFORNIA STATE BUDGET AND THE ALLOCATION OF INCREASED MONETARY INVESTMENTS IN THE STATE BUDGET TOWARDS EDUCATION RELATED ACTIVITIES, PARTICULARLY AS IT RELATES TO COVID RELIEF EFFORTS, LEARNING LOSS RECOVERY AND HIGH-QUALITY TUTORING. NONE OF THIS FUNDING WILL GO DIRECTLY TO INNOVATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Hammer Founder & Co-Ceo (thru 04/22) | OfficerTrustee | 40 | $247,395 |
Miguel Rodriguez Regional Vp, Sf (thru 09/21) | Officer | 40 | $165,141 |
Michelle Vilchez Co-Ceo(thru 04/22), Ceo(as Of 04/22) | OfficerTrustee | 40 | $158,643 |
Krystle Onibokun Vp, Finance & Strategy | Officer | 40 | $148,288 |
Hannah Gravette Regional Vp, La | 40 | $144,440 | |
Thu Tran Vp, Schools | 40 | $143,749 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $885,135 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,838,920 |
| Noncash contributions included in lines 1a–1f | $777,607 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,724,055 |
| Total Program Service Revenue | $197,273 |
| Investment income | $3,009 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $23,638 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,956,314 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $156,000 |
| 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. | $1,112,455 |
| Compensation of current officers, directors, key employees. | $341,755 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,681,300 |
| Pension plan accruals and contributions | $173,229 |
| Other employee benefits | $311,986 |
| Payroll taxes | $348,407 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $151,614 |
| Fees for services: Accounting | $35,521 |
| Fees for services: Lobbying | $47,504 |
| Fees for services: Fundraising | $41,544 |
| Fees for services: Investment Management | $696 |
| Fees for services: Other | $478,782 |
| Advertising and promotion | $0 |
| Office expenses | $10,675 |
| Information technology | $216,714 |
| Royalties | $0 |
| Occupancy | $230,296 |
| Travel | $67,134 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $541,499 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $47,808 |
| Insurance | $28,620 |
| All other expenses | $0 |
| Total functional expenses | $7,691,501 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,728,897 |
| Savings and temporary cash investments | $3,176,061 |
| Pledges and grants receivable | $419,500 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $654 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $94,597 |
| Net Land, buildings, and equipment | $61,335 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,920 |
| Total assets | $9,500,964 |
| Accounts payable and accrued expenses | $591,852 |
| 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 | $591,852 |
| Net assets without donor restrictions | $6,028,918 |
| Net assets with donor restrictions | $2,880,194 |
| 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 | $9,500,964 |
Grants Awarded
Over the last fiscal year, Innovate Public Schools has awarded $156,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Cincinnati, OH PURPOSE: TO DEVELOP A PARENT-CENTERED ORGANIZING STRATEGY & EXECUTE AN ACTIONABLE CHANGE IN EDUCATION POLICY. | $50,000 |
Jacksonville, FL PURPOSE: TO DEVELOP A PARENT-CENTERED ORGANIZING STRATEGY & EXECUTE AN ACTIONABLE CHANGE IN EDUCATION POLICY. | $50,000 |
Charleston, SC PURPOSE: TO DEVELOP A PARENT-CENTERED ORGANIZING STRATEGY & EXECUTE AN ACTIONABLE CHANGE IN EDUCATION POLICY. | $50,000 |
El Sobrante, CA PURPOSE: TO SUPPORT POWER BUILDING | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 20 grants that Innovate Public Schools has recieved totaling $6,412,005.
| Awarding Organization | Amount |
|---|---|
Chan Zuckerberg Initiative Foundation Palo Alto, CA PURPOSE: GENERAL OPERATING SUPPORT | $1,000,000 |
Chan Zuckerberg Initiative Foundation Palo Alto, CA PURPOSE: GENERAL OPERATING SUPPORT | $1,000,000 |
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO BUILD STRONG AND SUSTAINABLE PARENT MOVEMENT NATIONALLY. | $853,000 |
Charles And Helen Schwab Foundation San Francisco, CA PURPOSE: K-12 EDUCATION | $800,000 |
Charles And Helen Schwab Foundation San Francisco, CA PURPOSE: K-12 EDUCATION | $800,000 |
Bloomberg Family Foundation Inc New York, NY PURPOSE: TO IMPROVE OUTCOMES FOR K-12 STUDENTS IN THE U.S. | $534,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Groundswell Fund San Francisco, CA | $42,239,063 | $24,343,616 |
Americas Best Local Charities San Rafael, CA | $3,431,052 | $16,765,664 |
Bill Hannon Foundation Los Angeles, CA | $17,238,236 | $4,285,811 |
It Is Written Inc Riverside, CA | $12,378,597 | $15,533,924 |
Friends Of Family Health Center La Habra, CA | $48,269,218 | $21,982,956 |
Family Assistance Ministries San Clemente, CA | $4,435,253 | $12,485,569 |
Hidaya Foundation Santa Clara, CA | $4,651,500 | $12,437,401 |
Hyundai Hope On Wheels Fountain Valley, CA | $12,616,829 | $14,561,310 |
Philanthropic Impact Fund Beverly Hills, CA | $0 | $3,313,525 |
Providence Little Company Of Mary Foundation Torrance, CA | $121,035,875 | $18,031,300 |
Cambodian Childrens Fund Santa Monica, CA | $27,120,483 | $15,367,074 |
Xavier College Preparatory High School Palm Desert, CA | $46,603,211 | $9,301,462 |