Greatschools Inc
- Assets
- $7.6m
- Revenue
- $7.3m
- Investments
- $0.0
- Employees
- 49
- Location
- Oakland, CA
- Founding
- 01/1999
- Data as of
- 12/2021
- EIN
- 94-3311628
Organization Overview
Greatschools Inc is located in Oakland, CA. The organization was established in 1999. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2023, Greatschools Inc employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greatschools Inc 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, Greatschools Inc generated $7.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $6.7m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
GREATSCHOOLS IS THE LEADING NONPROFIT PROVIDING HIGH-QUALITY INFORMATION THAT SUPPORTS PARENTS PURSUING A GREAT EDUCATION FOR THEIR CHILD, SCHOOLS STRIVING FOR EXCELLENCE, AND COMMUNITIES WORKING TO DIMINISH INEQUITIES IN EDUCATION.
Describe the Organization's Program Activity:
GREATSCHOOLS IS THE LEADING NONPROFIT PROVIDING HIGH-QUALITY INFORMATION THAT SUPPORTS PARENTS PURSUING A GREAT EDUCATION FOR THEIR CHILD, SCHOOLS STRIVING FOR EXCELLENCE, AND COMMUNITIES WORKING TO DIMINISH INEQUITIES IN EDUCATION.OVER 45 MILLION USERS VISIT OUR AWARD-WINNING WEBSITE EACH YEAR TO LEARN ABOUT SCHOOLS IN THEIR AREA, EXPLORE RESEARCH INSIGHTS, AND ACCESS THOUSANDS OF FREE, EVIDENCE-BASED PARENTING RESOURCES TO SUPPORT THEIR CHILDS LEARNING AND WELL-BEING.WE COLLECT AND ANALYZE DATA FROM ALL 51 STATE DEPARTMENTS OF EDUCATION AND THE FEDERAL GOVERNMENT TO PROVIDE ANALYSIS, INSIGHTS, AND SCHOOL QUALITY RATINGS FOR PARENTS, PARTNERS, RESEARCHERS, AND POLICYMAKERS.WE PROVIDE PARENTS AND CAREGIVERS WITH TRUSTED INFORMATION AND RESEARCH-BACKED PARENTING GUIDANCE TO MAKE DECISIONS ABOUT THEIR CHILDS EDUCATION AND ADVOCATE FOR HIGH-QUALITY LEARNING OPPORTUNITIES.WE EMPOWER EDUCATION STAKEHOLDERS WITH RESEARCH AND DATA INSIGHTS TO IMPROVE SCHOOLS, WITH THE GOAL OF CREATING A MORE EQUITABLE FUTURE FOR ALL CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Deane CEO | Officer | 40 | $314,521 |
Carissa S Goux Exec Vp, Strtgy | 40 | $174,884 | |
Elliot Beaudoin Chief Product Off. | 40 | $190,938 | |
Anthony Roy Vp, Engineering | 40 | $167,526 | |
Carol Lloyd Vp, Editorial Dir | 40 | $158,401 | |
Mitchell Seltzer Dir Sftwr Eng. | 40 | $167,833 |
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 | $3,259,986 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,259,986 |
| Total Program Service Revenue | $1,767,585 |
| 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 | $7,265,817 |
| 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. | $366,047 |
| Compensation of current officers, directors, key employees. | $43,118 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,104,536 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $464,009 |
| Payroll taxes | $325,244 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $801 |
| Fees for services: Accounting | $58,004 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $55,630 |
| Advertising and promotion | $85,168 |
| Office expenses | $8,659 |
| Information technology | $328,865 |
| Royalties | $0 |
| Occupancy | $123,036 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,688 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,849 |
| Insurance | $29,707 |
| All other expenses | $38,076 |
| Total functional expenses | $6,650,794 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,720,778 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,825,000 |
| Accounts receivable, net | $683,947 |
| 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 | $318,283 |
| Net Land, buildings, and equipment | $47,283 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,571 |
| Total assets | $7,609,862 |
| Accounts payable and accrued expenses | $405,457 |
| Grants payable | $0 |
| Deferred revenue | $527,689 |
| 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 | $933,146 |
| Net assets without donor restrictions | $4,143,491 |
| Net assets with donor restrictions | $2,533,225 |
| 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 | $7,609,862 |