SAY YES CLEVELAND SCHOLARSHIP INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
SAY YES CLEVELAND SCHOLARSHIP INC (EIN 83-3463932)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-03-18
IRS object ID
202540779349300804
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-03-18T07:58:23-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN340677006PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MALONEY NOVOTNY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11111 SUPERIOR AVE SUITE 700AddressLine1Txt
CityCLEVELANDCityNm
State AbbreviationOHStateAbbreviationCd
ZIP441142540ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN833463932EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SAY YES CLEVELAND SCHOLARSHIP INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSAYYBusinessNameControlTxt
Phone2164545400PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16601 EUCLID AVEAddressLine1Txt
CityCLEVELANDCityNm
State AbbreviationOHStateAbbreviationCd
ZIP44103ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonROBERT MARTENSPersonNm
Person TitleTREASURERPersonTitleTxt
Phone2164545400PhoneNum
Signature2025-03-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHRISTOPHER B ANDERSONPreparerPersonNm
PTINP00226559PTIN
Phone2163630100PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerROBERT MARTENSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line16601 EUCLID AVEAddressLine1Txt
CityCLEVELANDCityNm
State AbbreviationOHStateAbbreviationCd
ZIP44103ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$11,616,456GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.SAYYESCLEVELAND.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2018FormationYr
Legal Domicile StateOHLegalDomicileStateCd
Activity Or MissionTO PROVIDE POST-SECONDARY TUITION SCHOLARSHIPS TO ELIGIBLE STUDENTS GRADUATING FROM THE CLEVELAND METROPOLITAN SCHOOL DISTRICT AND ITS PARTNERING CHARTER HIGH SCHOOLS. THE ORGANIZATION IS CHARGED WITH OVERSIGHT AND APPROVAL OF POLICIES AND PROCEDURES FOR THIS PROGRAM TO ENSURE THE PROVISION OF SCHOLARSHIPS IS UNIVERSAL, EQUITABLE, AND SUSTAINABLE. THE ORGANIZATION WORKS COLLABORATIVELY WITH THE SAY YES CLEVELAND OPERATING COMMITTEE. THE OPERATING COMMITTEE IS RESPONSIBLE FOR EFFECTIVE IMPLEMENTATION AND SUPPORT FOR THE STUDENT SERVICES COMPONENT OF THE OVERALL SAY YES MISSION.OBJECTIVES OF THE MISSION INCLUDE INCREASING THE EDUCATIONAL LEVEL OF CLEVELAND RESIDENTS, IMPROVING COLLEGE ACCESS FOR MIDDLE AND LOW INCOME FAMILIES IN CLEVELAND, INCREASING THE POPULATION IN THE CITY OF CLEVELAND, AND SPURRING ECONOMIC GROWTH AND EXPANSION IN CLEVELAND THROUGH DEVELOPMENT AND RETENTION OF A HIGH-SKILLED FUTURE WORKFORCE.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,083,564PYContributionsGrantsAmt
CY Contributions Grants$11,616,456CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,083,564PYTotalRevenueAmt
CY Total Revenue$11,616,456CYTotalRevenueAmt
PY Grants And Similar Paid$3,297,836PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$3,457,683CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,122,436PYOtherExpensesAmt
CY Other Expenses$1,789,528CYOtherExpensesAmt
PY Total Expenses$4,420,272PYTotalExpensesAmt
CY Total Expenses$5,247,211CYTotalExpensesAmt
PY Revenues Less Expenses-$2,336,708PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$6,369,245CYRevenuesLessExpensesAmt
Total Assets BOY$99,267,344TotalAssetsBOYAmt
Total Assets EOY$119,339,975TotalAssetsEOYAmt
Total Liabilities BOY$22,536TotalLiabilitiesBOYAmt
Total Liabilities EOY$55,260TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$99,244,808NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$119,284,715NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF SAY YES CLEVELAND IS TO PARTNER WITH THE CLEVELAND METROPOLITAN SCHOOL DISTRICT (CMSD) TO IMPROVE CLEVELAND'S ECONOMY, NEIGHBORHOODS, AND WORKFORCE OVER THE COMING GENERATIONS BY BRINGING TOGETHER, MOBILIZING, AND TARGETING COMMUNITY RESOURCES TO ADDRESS TWO BARRIERS:- SAY YES CLEVELAND ADDRESSES POST-SECONDARY AFFORDABILITY BY A TUITION SCHOLARSHIP AVAILABLE TO EVERY ELIGIBLE CMSD HIGH SCHOOL GRADUATE TO ATTEND A PUBLIC FOUR-YEAR OR TWO-YEAR INSTITUTION OR ACCREDITED TRAINING PROGRAM.- TO HELP STUDENTS OVERCOME THE SIGNIFICANT CHALLENGES ASSOCIATED WITH MULTI-GENERATIONAL POVERTY - CHALLENGES THAT LEAVE NO ROOM FOR SETBACKS AND OFTEN HINDER POST-SECONDARY PURSUIT OR PERFORMANCE. SAY YES CLEVELAND PROVIDES SUPPORT SERVICES TO STUDENTS FROM PRE-K THROUGH HIGH SCHOOL GRADUATION.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$4,360,516ExpenseAmt
Grant$3,457,683GrantAmt
DescSCHOLARSHIP PROGRAM: PROVISION OF POST-SECONDARY TUITION SCHOLARSHIPS TO ELIGIBLE STUDENTS GRADUATING FROM THE CLEVELAND METROPOLITAN SCHOOL DISTRICT AND ITS PARTNERING CHARTER HIGH SCHOOLS.Desc
Total Program Service Expenses$4,360,516TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ROBERT MARTENSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2164545400PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16601 EUCLD AVEAddressLine1Txt
CityCLEVELANDCityNm
State AbbreviationOHStateAbbreviationCd
ZIP44113ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
LONNIE COLEMAN
BOARD MEMBER2.00Yes (X)$0$0$0
INAJO DAVIS CHAPPELL
BOARD CHAIR2.00Yes (X)$0$0$0Yes (X)
DIANE DOWNING
BOARD MEMBER2.00Yes (X)$0$0$0
TERRI EASON
BOARD MEMBER2.00Yes (X)$0$0$0
ROBERT MARTENS
BOARD MEMBER2.00Yes (X)$0$0$0
DREW MARTIN
BOARD MEMBER2.00Yes (X)$0$0$0
ANN MULLIN
VICE CHAIR2.00Yes (X)$0$0$0Yes (X)
DOLORES GARCIA
BOARD MEMBER2.00Yes (X)$0$0$0
MARK HANNA
BOARD MEMBER2.00Yes (X)$0$0$0
VICTOR RUIZ
SECRETARY2.00Yes (X)$0$0$0Yes (X)
EDDIE TAYLOR
TREASURER2.00Yes (X)$0$0$0Yes (X)
HELEN WILLIAMS
BOARD MEMBER2.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
COLLEGE NOW OF GREATER CLEVELAND
1500 W 3RD ST STE 125CLEVELANDOH44113PROGRAMMING$821,833
THE CLEVELAND FOUNDATION
6601 EUCLID AVECLEVELANDOH44103INVESTMENT MANAGEMENT$194,331
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt
Federated Campaigns$500,000FederatedCampaignsAmt
All Other Contributions$11,116,456AllOtherContributionsAmt
Total Contributions$11,616,456TotalContributionsAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$11,616,456TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$3,457,683TotalAmt
Program Services$3,457,683ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$327,333TotalAmt
Program Services$327,333ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$24,696TotalAmt
Management And General$24,696ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$194,331TotalAmt
Management And General$194,331ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$65,500TotalAmt
Management And General$65,500ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$970TotalAmt
Management And General$970ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$81,000TotalAmt
Program Services$81,000ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmt
BAD DEBT$600,000$600,000
MENTORING PROGRAM$479,500$479,500
SUMMER PROGRAM$15,000$15,000
OTHER BUSINESS EXPENSES$718$718

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$480TotalAmt
Management And General$480ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,247,211TotalAmt
Program Services$4,360,516ProgramServicesAmt
Management And General$886,695ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,691BOYAmt
EOY$2,211EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$7,180,716BOYAmt
EOY$9,366,296EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$66,167BOYAmt
EOY$67,333EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$92,017,770BOYAmt
EOY$109,904,135EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$99,267,344BOYAmt
EOY$119,339,975EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$22,536BOYAmt
EOY$55,260EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$22,536BOYAmt
EOY$55,260EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$92,064,092BOYAmt
EOY$109,918,419EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$7,180,716BOYAmt
EOY$9,366,296EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$99,244,808BOYAmt
EOY$119,284,715EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$99,267,344BOYAmt
EOY$119,339,975EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$6,369,245ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$13,670,662NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$77,001,044CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,584,149CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,775,644CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,083,564CurrentTaxYearMinus1YearAmt
Current Tax Year$11,616,456CurrentTaxYearAmt
Total$101,060,857TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$77,001,044CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,584,149CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,775,644CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,083,564CurrentTaxYearMinus1YearAmt
Current Tax Year$11,616,456CurrentTaxYearAmt
Total$101,060,857TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$23,158,566SubstantialContributorsTotAmt
Public Support Total170$77,902,291PublicSupportTotal170Amt
Total Support$101,060,857TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescBENEFICIAL INTEREST IN ASSETS HELD BY THE CLEVELAND FOUNDATIONDesc
Book Value$109,904,135BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$109,904,135TotalBookValueSecuritiesAmt
Total Rev Etc Audited Fincl Stmt$25,349,618TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$13,670,662NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$62,500DonatedServicesAndUseFcltsAmt
Revenue Not Reported$13,733,162RevenueNotReportedAmt
Revenue Subtotal$11,616,456RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$11,616,456TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$5,309,711TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$62,500DonatedServicesUseFcltsAmt
Expenses Not Reported$62,500ExpensesNotReportedAmt
Expenses Subtotal$5,247,211ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$5,247,211TotalExpensesPerForm990Amt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient1485RecipientCnt
Cash Grant$3,457,683CashGrantAmt
Valuation Method UsedFMVValuationMethodUsedDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationMONITORING USE OF GRANT FUNDS - STUDENTS ELIGIBLE FOR SCHOLARSHIP AWARDS MUST BE CONTINUOUSLY ENROLLED IN THE CLEVELAND METROPOLITAN SCHOOL DISTRICT (OR A PARTNER CHARTER HIGH SCHOOL) FROM GRADE NINE THROUGH HIGH SCHOOL GRADUATION. FOR STUDENTS WHO ARE AWARDED A SCHOLARSHIP, A REQUEST IS SENT TO THE ELIGIBLE POST-SECONDARY EDUCATIONAL INSTITUTION THE STUDENT HAS CHOSEN TO ATTEND CONFIRMING ENROLLMENT ALONG WITH TUITION AND FEE INFORMATION. SAY YES AWARDS ARE THEN CONFIRMED WITH THE EDUCATIONAL INSTITUTION BEFORE AN INVOICE IS DRAFTED AND SENT TO THE SCHOLARSHIP BOARD FOR REVIEW AND APPROVAL. ONCE APPROVED, THE FUNDS ARE RELEASED TO COLLEGE NOW FOR PAYMENT DIRECTLY TO THE SCHOLARSHIP RECIPIENT'S ACCOUNT WITH THE EDUCATIONAL INSTITUTION. COLLEGE NOW KEEPS RECORDS OF ALL STUDENT ENROLLMENT INFORMATION RECEIVED FROM INSTITUTIONS AND PAYMENTS MADE FOR A PERIOD OF SEVEN YEARS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BREVIEW OF FORM 990 - THE BOARD REVIEWS FORM 990 WITH THE ASSISTANCE OF THE OUTSIDE PUBLIC ACCOUNTING FIRM THAT PREPARES THE FILING.
FORM 990, PART VI, SECTION B, LINE 12CMONITORING AND ENFORCEMENT OF CONFLICT POLICY - BOARD MEMBERS ARE REQUIRED TO REVIEW THE CONFLICT POLICY AND DISCLOSE ANY POTENTIAL CONFLICTS ANNUALLY. IF A POTENTIAL CONFLICT ARISES, THE PERSON WITH THE CONFLICT IS NOT PERMITTED TO PARTICIPATE IN THE DISCUSSION OR TO VOTE ON THE TRANSACTION. THE DECISION ON THE TRANSACTION IS MADE IN THE BEST INTEREST OF THE ORGANIZATION BY BOARD MEMBERS WHO ARE INDEPENDENT OF THE PERSON WITH THE CONFLICT.
FORM 990, PART VI, SECTION C, LINE 19AVAILABILITY OF DOCUMENTS - THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.

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