Green Dot Public Schools National
- Assets
- $10.6m
- Revenue
- $15.6m
- Investments
- $0.0
- Employees
- 107
- Location
- Los Angeles, CA
- Founding
- 09/2015
- Data as of
- 06/2021
- EIN
- 46-5740783
Organization Overview
Green Dot Public Schools National is located in Los Angeles, CA. The organization was established in 2015. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. As of 06/2021, Green Dot Public Schools National employed 107 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Green Dot Public Schools National 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, Green Dot Public Schools National generated $15.6m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $15.5m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 6 years. 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
TO RUN HIGH QUALITY PUBLIC CHARTER SCHOOLS AND TO SUPPORT RELATED ENTITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GREEN DOT PUBLIC SCHOOLS NATIONAL ("GDPSN") WAS CREATED TO PROVIDE SERVICES TO GREEN DOT PUBLIC SCHOOLS CALIFORNIA ("GDPS CA"), GREEN DOT PUBLIC SCHOOLS TENNESSEE ("GDPS TN"), GREEN DOT PUBLIC SCHOOLS SOUTHEAST TEXAS ("GDPS STX"), COLLECTIVELY REFERRED TO AS GREEN DOT REGIONS, AND UNITED PARENTS AND STUDENTS ("UPAS"). SPECIFICALLY, BY OBTAINING AND DISTRIBUTING PHILANTHROPIC SUPPORT, PROVIDING SCHOOL FACILITIES, PROVIDING CAPITAL FINANCING, PROVIDING OPERATIONAL OR OTHER SUPPORT, DESIGNING CURRICULUM, TRAINING AND DEVELOPING CHARTER SCHOOL STAFF, AND ASSISTING THE RELATED ORGANIZATIONS TO OBTAIN PHILANTHROPIC SUPPORT, CHARTER SCHOOL FACILITIES AND CHARTER SCHOOL FINANCING. BY LEVERAGING HIGH QUALITY AND EFFICIENT SERVICES IN THESE AND OTHER AREAS, GDPSN HELPS ELIMINATE BARRIERS TO SUCCESS AT THE SCHOOLS IN OUR NETWORK AND TO EMPOWER EDUCATORS TO FOCUS ON THEIR STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chad Soleo Chief Executive Officer | Officer | 40 | $270,225 |
Megan Quaile Chief Growth Officer | Officer | 1 | $214,101 |
Ellen Lin Chief Operating Officer | Officer | 40 | $180,974 |
Ernest Thomas Treasurer/controller | Officer | 40 | $170,594 |
Douglas Weston VP Of Development | 40 | $169,601 | |
Jose Jauregui Director Of Information Technology | 40 | $138,609 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Collaborative Solutions Llc Advisory | 6/29/21 | $1,128,581 |
Meridian It Inc Consulting | 6/29/21 | $285,584 |
David M Lewis Company Llc Consulting | 6/29/21 | $133,734 |
Delta Financial Associates Inc Consulting | 6/29/21 | $267,275 |
Law Offices Of Keith M Yanov Legal | 6/29/21 | $108,878 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,449,400 |
| All other contributions, gifts, grants, and similar amounts not included above | $165,943 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,615,343 |
| Total Program Service Revenue | $13,954,914 |
| 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 | $15,630,320 |
| 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. | $845,200 |
| Compensation of current officers, directors, key employees. | $65,080 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,168,047 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,366,648 |
| Payroll taxes | $593,708 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $61,790 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,292 |
| Information technology | $410,497 |
| Royalties | $0 |
| Occupancy | $606,542 |
| Travel | $44,442 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $552,061 |
| Insurance | $511,001 |
| All other expenses | $183,903 |
| Total functional expenses | $15,480,102 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,792,047 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $26,507 |
| 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 | $317,671 |
| Net Land, buildings, and equipment | $2,322,160 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,093,141 |
| Total assets | $10,551,526 |
| Accounts payable and accrued expenses | $1,292,942 |
| 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 | $1,947,765 |
| Total liabilities | $3,240,707 |
| Net assets without donor restrictions | $7,263,005 |
| Net assets with donor restrictions | $47,814 |
| 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 | $10,551,526 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Green Dot Public Schools National has recieved totaling $167,750.
| Awarding Organization | Amount |
|---|---|
Great Public Schools Now Los Angeles, CA PURPOSE: SUPPORT FOR ANIMO JACKIE ROBINSON'S LIFTING TO GREAT GRANT | $100,000 |
Joseph Drown Foundation Los Angeles, CA PURPOSE: GREEN DOT PUBLIC SCHOOLS NATIONAL MENTORSHIP INITIATIVE | $25,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $15,250 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $15,000 |
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
The Confidence Foundation South Pasadena, CA PURPOSE: NATIONAL MENTORSHIP PROGRAM | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greathearts Arizona Phoenix, AZ | $267,805,808 | $30,935,961 |
Gradient Learning Walnut, CA | $26,856,355 | $31,271,500 |
Green Dot Public Schools National Los Angeles, CA | $10,551,526 | $15,630,320 |
Excellent Education Development Los Angeles, CA | $11,092,379 | $14,067,993 |
Digital Green Foundation San Francisco, CA | $24,571,129 | $22,099,634 |
Rio Hondo Education Consortium Whittier, CA | $3,342,079 | $7,995,836 |
Beyond 12 Education Inc Oakland, CA | $8,854,205 | $13,660,419 |
Accrediting Commission For Schools Western Association Of Schools An Burlingame, CA | $8,710,989 | $6,512,676 |
Great Hearts America Phoenix, AZ | $8,205,781 | $5,329,608 |
Propel A Charter Management Group Inc Covina, CA | $5,751,248 | $5,358,058 |
Internet Archive Us San Francisco, CA | $536,242 | $3,003,154 |
California Farmlink Aptos, CA | $29,554,658 | $8,944,569 |