THE CHILDRENS SCHOLARSHIP FUND: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- THE CHILDRENS SCHOLARSHIP FUND (EIN 13-4002189)
- Tax period
- 2022-09-01 to 2023-08-31
- Filed
- 2023-12-01
- IRS object ID
- 202343359349300724
- Schema version
- 2022v5.0
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-12-01T14:42:47-07:00 | ReturnTs |
| Tax Period End | 2023-08-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 134002189 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CHILDRENS SCHOLARSHIP FUND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHIL | BusinessNameControlTxt |
| Phone | 2125157100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8 West 38th St 8th Floor | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Kathleen Doran | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 2125157100 | PhoneNum |
| Signature | 2023-12-04 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 1 | TrustedCustomerCd |
| OOB Security Verification | 11 | OOBSecurityVerificationCd |
| Last Submission Rqr OOB | 0 | LastSubmissionRqrOOBCd |
| Authentication Assurance Level | AAL2 | AuthenticationAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Darla Romfo | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8 West 38th Street | AddressLine1Txt |
| Address Line2 | Suite 804 | AddressLine2Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $25,092,669 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.scholarshipfund.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1998 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | The Children's Scholarship Fund (CSF) provides children of low-income families with tuition assistance in grades K-8, and supports expanding educational opportunities for all children. | ActivityOrMissionDesc |
| Voting Members Governing Body | 14 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 23 | TotalEmployeeCnt |
| Total Volunteers | 105 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $23,788,636 | PYContributionsGrantsAmt |
| CY Contributions Grants | $22,894,320 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $860,103 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,138,185 | CYProgramServiceRevenueAmt |
| PY Investment Income | $63,978 | PYInvestmentIncomeAmt |
| CY Investment Income | $984,796 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$2,197 | PYOtherRevenueAmt |
| CY Other Revenue | -$2,038 | CYOtherRevenueAmt |
| PY Total Revenue | $24,710,520 | PYTotalRevenueAmt |
| CY Total Revenue | $25,015,263 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $20,245,323 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $19,227,637 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,216,269 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,686,049 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $42,942 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $43,334 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,257,962 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $813,210 | PYOtherExpensesAmt |
| CY Other Expenses | $919,048 | CYOtherExpensesAmt |
| PY Total Expenses | $23,317,744 | PYTotalExpensesAmt |
| CY Total Expenses | $22,876,068 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,392,776 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,139,195 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $36,136,002 | TotalAssetsBOYAmt |
| Total Assets EOY | $40,912,471 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3,557,358 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,870,138 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $32,578,644 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $35,042,333 | NetAssetsOrFundBalancesEOYAmt |
| Mission | The Children's Scholarship Fund (CSF) provides children of low-income families with tuition assistance in grades K-8, and supports expanding educational opportunities for all children. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $19,227,637 | ExpenseAmt |
| Grant | $19,227,637 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | In fiscal year 2023 nearly 26,500 children across the US benefited from scholarships awarded by CSF and its partner programs. These children, all of whom are from low-income families, are receiving the education desired by their families due to the generosity of our donors and the efforts of scholarship programs in 23 communities. Since its inception in 1998, nearly 200,750 children from low-income families have benefited from attending the private school of their choice with more than $989 million in tuition assistance from CSF and its partner programs. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,285,950 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $1,136,685 | RevenueAmt |
| Desc | Program management and administration of New Hampshire Education Freedom (EFA) program: The EFA program provides students who are not enrolled full time in a New Hampshire public school and whose family earns 350% of the poverty line or below with a state grant to spend on eligible education related expenses. CSF administers the funding provided from the State of New Hampshire to each student account. Program staff verifies eligibility of students through the application process, reviews and approves payment of eligible education expenses, and approves educational providers. In addition, program staff provide outreach and support to NH families to inform them about the EFA program. During fiscal year 2023, CSF received approximately $14.8 million from the State of NH to fund over 3,300 EFAs. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $602,381 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $1,500 | RevenueAmt |
| Desc | Program management, outreach and support: CSF's program staff works with parents and schools to ensure the integrity and efficient management of the program. The program staff verifies eligibility and student attendance, disburses the tuition assistance payments to schools and annually requalifies returning students. The Children's Scholarship Fund maintains partnerships with local scholarship programs in communities around the country. In addition to providing matching grants to these organizations, the Children's Scholarship Fund also trains local program staff and has developed and maintains specialized software that is used to manage scholarship awards. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $0 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $0 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $21,115,968 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 12 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 23 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | 0 | Form8899Filedind |
| Form1098 C Filed | 0 | Form1098CFiledInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 14 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | LA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NE | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Kathleen Doran | PersonNm |
| Phone | 2125157100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8 West 38th St | AddressLine1Txt |
| Address Line2 | 8th Floor | AddressLine2Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| Darla M Romfo | ||||||||
| President & CEO | 40 | Yes (X) | Yes (X) | $328,810 | $0 | $33,199 | ||
| Kathleen Doran | ||||||||
| CFO | 40 | Yes (X) | $224,095 | $0 | $29,354 | |||
| Michele Mitola | ||||||||
| VP Strategic Planning & Development | 40 | $185,442 | $0 | $10,183 | Yes (X) | |||
| Elizabeth Toomey | ||||||||
| Corporate Secretary | 40 | Yes (X) | $149,813 | $0 | $21,877 | |||
| Katie J Baker Demers | ||||||||
| Executive Director New Hampshire Programs | 40 | $108,473 | $0 | $19,773 | Yes (X) | |||
| Marie M Bathelmy | ||||||||
| Director of Scholarship Operations | 40 | $104,797 | $0 | $6,036 | Yes (X) | |||
| Matthew Bonanno | ||||||||
| Co Chair | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| Margot McGinness | ||||||||
| Co Chair | 2 | Yes (X) | $0 | $0 | $0 | |||
| Jeffrey Chang | ||||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| Stephen Fraidin | ||||||||
| Board Member | 1 | Yes (X) | $0 | $0 | $0 | |||
| Michael Gerstner | ||||||||
| Board Member | 1 | Yes (X) | $0 | $0 | $0 | |||
| Christopher Halpin | ||||||||
| Board Member | 1 | Yes (X) | $0 | $0 | $0 | |||
| Xavier James | ||||||||
| Board Member | 1 | Yes (X) | $0 | $0 | $0 | |||
| David E Johnson | ||||||||
| Board Member | 1 | Yes (X) | $0 | $0 | $0 | |||
| Mike McCurry | ||||||||
| Board Member | 1 | Yes (X) | $0 | $0 | $0 | |||
| Kevin Short | ||||||||
| Board Member | 1 | Yes (X) | $0 | $0 | $0 | |||
| Remy Trafelet | ||||||||
| Board Member | 1 | Yes (X) | $0 | $0 | $0 | |||
| Heather Vrattos | ||||||||
| Board Member | 1 | Yes (X) | $0 | $0 | $0 | |||
| Juan Williams | ||||||||
| Board Member | 1 | Yes (X) | $0 | $0 | $0 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,101,430 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $120,422 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 6 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Federated Campaigns | $0 | FederatedCampaignsAmt |
| Membership Dues | $0 | MembershipDuesAmt |
| Fundraising | $2,494 | FundraisingAmt |
| Related Organizations | $0 | RelatedOrganizationsAmt |
| Government Grants | $0 | GovernmentGrantsAmt |
| All Other Contributions | $22,891,826 | AllOtherContributionsAmt |
| Noncash Contributions | $75,041 | NoncashContributionsAmt |
| Total Contributions | $22,894,320 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| New Hampshire EFA administration | 900099 | $1,136,685 | $1,136,685 | $0 | $0 |
| Program training | 900099 | $1,500 | $1,500 | $0 | $0 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,138,185 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $983,120 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $983,120 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $74,974 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $73,298 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,676 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,676 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,676 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $2,070 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $2,494 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $4,108 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$2,038 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$2,038 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $25,015,263 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,138,185 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $982,758 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,532,415 | TotalAmt |
| Program Services | $2,532,415 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,695,222 | TotalAmt |
| Program Services | $16,695,222 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,065,174 | TotalAmt |
| Program Services | $298,603 | ProgramServicesAmt |
| Management And General | $253,875 | ManagementAndGeneralAmt |
| Fundraising | $512,696 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,231,011 | TotalAmt |
| Program Services | $919,709 | ProgramServicesAmt |
| Management And General | $1,298 | ManagementAndGeneralAmt |
| Fundraising | $310,004 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57,905 | TotalAmt |
| Program Services | $47,556 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $10,349 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $181,030 | TotalAmt |
| Program Services | $135,458 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $45,572 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $150,929 | TotalAmt |
| Program Services | $83,672 | ProgramServicesAmt |
| Management And General | $13,261 | ManagementAndGeneralAmt |
| Fundraising | $53,996 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,573 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $1,949 | ManagementAndGeneralAmt |
| Fundraising | $1,624 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $70,808 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $70,808 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,334 | TotalAmt |
| Fundraising | $43,334 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $115,161 | TotalAmt |
| Program Services | $4,239 | ProgramServicesAmt |
| Management And General | $108,422 | ManagementAndGeneralAmt |
| Fundraising | $2,500 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,889 | TotalAmt |
| Program Services | $20,446 | ProgramServicesAmt |
| Management And General | $2,326 | ManagementAndGeneralAmt |
| Fundraising | $22,117 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $305,608 | TotalAmt |
| Program Services | $271,279 | ProgramServicesAmt |
| Management And General | $2,103 | ManagementAndGeneralAmt |
| Fundraising | $32,226 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $112,710 | TotalAmt |
| Program Services | $41,942 | ProgramServicesAmt |
| Management And General | $8,780 | ManagementAndGeneralAmt |
| Fundraising | $61,988 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $86,903 | TotalAmt |
| Program Services | $16,693 | ProgramServicesAmt |
| Management And General | $25,745 | ManagementAndGeneralAmt |
| Fundraising | $44,465 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,803 | TotalAmt |
| Program Services | $2,256 | ProgramServicesAmt |
| Management And General | $2,500 | ManagementAndGeneralAmt |
| Fundraising | $11,047 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,074 | TotalAmt |
| Program Services | $16,510 | ProgramServicesAmt |
| Management And General | $1,435 | ManagementAndGeneralAmt |
| Fundraising | $10,129 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,765 | TotalAmt |
| Program Services | $27,287 | ProgramServicesAmt |
| Management And General | $1,612 | ManagementAndGeneralAmt |
| Fundraising | $10,866 | FundraisingAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Donor communication costs | Desc |
| Total | $84,960 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $84,960 | FundraisingAmt |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,794 | TotalAmt |
| Program Services | $2,681 | ProgramServicesAmt |
| Management And General | $8,024 | ManagementAndGeneralAmt |
| Fundraising | $89 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,876,068 | TotalAmt |
| Program Services | $21,115,968 | ProgramServicesAmt |
| Management And General | $502,138 | ManagementAndGeneralAmt |
| Fundraising | $1,257,962 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $729,319 | BOYAmt |
| EOY | $2,165,644 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,058,105 | BOYAmt |
| EOY | $33,723,377 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,763,214 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,626 | BOYAmt |
| EOY | $64,868 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $179,865 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $145,803 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,795 | BOYAmt |
| EOY | $34,062 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,497,943 | BOYAmt |
| EOY | $4,924,520 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,136,002 | BOYAmt |
| EOY | $40,912,471 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $139,046 | BOYAmt |
| EOY | $187,822 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,474,597 | BOYAmt |
| EOY | $4,671,166 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $943,715 | BOYAmt |
| EOY | $1,011,150 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,557,358 | BOYAmt |
| EOY | $5,870,138 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,572,395 | BOYAmt |
| EOY | $9,954,492 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,006,249 | BOYAmt |
| EOY | $25,087,841 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,578,644 | BOYAmt |
| EOY | $35,042,333 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,136,002 | BOYAmt |
| EOY | $40,912,471 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $2,139,195 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $324,494 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Investment Expense | $0 | InvestmentExpenseAmt |
| Prior Period Adjustments | $0 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $25,694,338 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $27,257,605 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $29,351,769 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $23,788,636 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $22,894,320 | CurrentTaxYearAmt |
| Total | $128,986,668 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $25,694,338 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $27,257,605 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $29,351,769 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $23,788,636 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $22,894,320 | CurrentTaxYearAmt |
| Total | $128,986,668 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $46,937,947 | SubstantialContributorsTotAmt |
| Public Support Total170 | $82,048,721 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $474,097 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $250,725 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $14,454 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $66,291 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $983,120 | CurrentTaxYearAmt |
| Total | $1,788,687 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,159 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $68,224 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,700 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $990 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,070 | CurrentTaxYearAmt |
| Total | $82,143 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $130,857,498 | TotalSupportAmt |
| Public Support CY170 | 0.62701 | PublicSupportCY170Pct |
| Public Support PY170 | 0.63363 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule A, Part II, Line 10 | FormAndLineReferenceDesc |
| Explanation | Includes Employee Retention Credit in 2019 and gross income from fundraising events for all other years presented. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
Total Grassroots Lobbying TotalGrassrootsLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $105 | FilingOrganizationsTotalAmt |
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $731 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $836 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $21,617,270 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $21,618,106 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $1,000,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,000,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $4,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $4,582 | CurrentYearMinus3Amt |
| Current Year Minus2 | $675 | CurrentYearMinus2Amt |
| Current Year Minus1 | $961 | CurrentYearMinus1Amt |
| Current Year | $836 | CurrentYearAmt |
| Total | $7,054 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $250,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $250,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $1,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmt |
Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $370 | CurrentYearMinus3Amt |
| Current Year Minus2 | $95 | CurrentYearMinus2Amt |
| Current Year Minus1 | $575 | CurrentYearMinus1Amt |
| Current Year | $105 | CurrentYearAmt |
| Total | $1,145 | TotalAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $0 | OtherCostOrOtherBasisAmt |
| Book Value | $0 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $0 | OtherCostOrOtherBasisAmt |
| Depreciation | $0 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $0 | OtherCostOrOtherBasisAmt |
| Depreciation | $0 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $170,655 | OtherCostOrOtherBasisAmt |
| Depreciation | $143,424 | DepreciationAmt |
| Book Value | $27,231 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $9,210 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,379 | DepreciationAmt |
| Book Value | $6,831 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $34,062 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| New Hampshire Education Freedom Accounts | $4,671,165 |
| Operating Lease Right To Use Assets | $230,009 |
| Tenant Security Deposit | $23,346 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $4,924,520 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Due to the State of New Hampshire | $707,355 |
| Refundable advances | $55,243 |
| Operating Lease Liabilities | $248,552 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,011,150 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $25,341,795 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $324,494 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Recoveries Prior Year Grants | $0 | RecoveriesPriorYearGrantsAmt |
| Other Revenue | $0 | OtherRevenueAmt |
| Revenue Not Reported | $324,494 | RevenueNotReportedAmt |
| Revenue Subtotal | $25,017,301 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $0 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$2,038 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$2,038 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $25,015,263 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $22,878,106 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $0 | DonatedServicesUseFcltsAmt |
| Prior Year Adjustments | $0 | PriorYearAdjustmentsAmt |
| Losses Reported | $0 | LossesReportedAmt |
| Other Expenses Included | $2,038 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $2,038 | ExpensesNotReportedAmt |
| Expenses Subtotal | $22,876,068 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $0 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $0 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $22,876,068 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part IV, Line 2b | In August 2021, CSF entered into a one-year agreement with the New Hampshire Department of Education to administer the NH Education Freedom Account ("EFA") program. In March 2022 the contract was extended through September 2023. During FYE 2023, CSF received approximately $14.8 million from the State of New Hampshire to fund over 3,300 EFAs. CSF acts as an agent of the State of New Hampshire over the EFA accounts and approves qualified educational costs to be paid from the EFAs. As of August 31, 2023, there is an unspent balance of EFAs of $4,671,166 and a balance of $707,355 due back to the State of New Hampshire. |
| Schedule D, Part IX | Other Assets Line 2 Operating Lease Right-To-Use-Assets - The Financial Accounting Standards Board ("FASB") implemented a new lease accounting standard that became effective for The Children's Scholarship Fund in the year ending August 31, 2023. This accounting standard was effectuated to improve transparency surrounding key information pertaining to an exempt organization's leasing arrangements (and to ensure that all organizations were recording the transactions uniformly on their balance sheets). |
| Schedule D, Part X, Line 2 | The Fund follows guidance that clarifies the accounting for uncertainty in tax positions taken or expected to be taken in a tax return, including issues relating to financial statement recognition and measurement. This guidance provides that the tax effects from an uncertain tax position can only be recognized in the financial statements if the position is "more-likely-than-not" to be sustained if the position were to be challenged by a taxing authority. The assessment of the tax position is based solely on the technical merits of the position, without regard to the likelihood that the tax position may be challenged. The Fund is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code, though it is subject to tax on income unrelated to its exempt purpose, unless that income is otherwise excluded by the Code. The Fund has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income; to determine its filing and tax obligations in jurisdictions for which there was nexus; and to identify and evaluate other matters that may be considered tax positions. The Fund has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements. |
| Schedule D, Part XI, Line 4b | The net loss from fundraising events which is included on Form 990 Part VIII line 8c is not included in total revenue per the audited financial statements. The audited financial statements include it as event costs. |
| Schedule D, Part XII, Line 2d | The net loss from fundraising events which is included on Form 990 Part VIII line 8c is not included in total revenue per the audited financial statements. The audited financial statements include it as event costs. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ClearWord Communications Group A Division of HSP Direct LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20130 Lakeview Center Plaza | AddressLine1Txt |
| Address Line2 | Suite 300 | AddressLine2Txt |
| City | Ashburn | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 20147 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | To assist with the planning, execution, and supervision of the creation and mailing of Client's high-dollar direct mail program. | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $73,472 | GrossReceiptsAmt |
| Retained By Contractor | $43,334 | RetainedByContractorAmt |
| Net To Organization | $30,138 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $73,472 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $43,334 | TotalRetainedByContractorsAmt |
| Total Net To Organization | $30,138 | TotalNetToOrganizationAmt |
| Licensed States | AK | LicensedStatesCd |
| Licensed States | AL | LicensedStatesCd |
| Licensed States | AR | LicensedStatesCd |
| Licensed States | AZ | LicensedStatesCd |
| Licensed States | CA | LicensedStatesCd |
| Licensed States | CO | LicensedStatesCd |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | DC | LicensedStatesCd |
| Licensed States | DE | LicensedStatesCd |
| Licensed States | FL | LicensedStatesCd |
| Licensed States | GA | LicensedStatesCd |
| Licensed States | IA | LicensedStatesCd |
| Licensed States | ID | LicensedStatesCd |
| Licensed States | IL | LicensedStatesCd |
| Licensed States | IN | LicensedStatesCd |
| Licensed States | KS | LicensedStatesCd |
| Licensed States | KY | LicensedStatesCd |
| Licensed States | LA | LicensedStatesCd |
| Licensed States | MA | LicensedStatesCd |
| Licensed States | MD | LicensedStatesCd |
| Licensed States | ME | LicensedStatesCd |
| Licensed States | MI | LicensedStatesCd |
| Licensed States | MN | LicensedStatesCd |
| Licensed States | MO | LicensedStatesCd |
| Licensed States | MS | LicensedStatesCd |
| Licensed States | MT | LicensedStatesCd |
| Licensed States | NC | LicensedStatesCd |
| Licensed States | NE | LicensedStatesCd |
| Licensed States | NH | LicensedStatesCd |
| Licensed States | NJ | LicensedStatesCd |
| Licensed States | NM | LicensedStatesCd |
| Licensed States | NV | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
| Licensed States | OH | LicensedStatesCd |
| Licensed States | OK | LicensedStatesCd |
| Licensed States | OR | LicensedStatesCd |
| Licensed States | PA | LicensedStatesCd |
| Licensed States | RI | LicensedStatesCd |
| Licensed States | SC | LicensedStatesCd |
| Licensed States | SD | LicensedStatesCd |
| Licensed States | TN | LicensedStatesCd |
| Licensed States | TX | LicensedStatesCd |
| Licensed States | UT | LicensedStatesCd |
| Licensed States | VA | LicensedStatesCd |
| Licensed States | VT | LicensedStatesCd |
| Licensed States | WA | LicensedStatesCd |
| Licensed States | WI | LicensedStatesCd |
| Licensed States | WV | LicensedStatesCd |
| Licensed States | WY | LicensedStatesCd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (16 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| Children's Scholarship Fund Philadelphia | ||||||||
| 1500 Walnut Street | Suite 1300 | Philadelphia | PA | 19102 | 233078729 | 501(c)(3) | $340,000 | To provide partial scholarship awards to children from low-income families |
| Children's Scholarship Fund Baltimore | ||||||||
| 1000 Saint Paul Street | Baltimore | MD | 21202 | 131480933 | 501(c)(3) | $75,000 | To provide partial scholarship awards to children from low-income families | |
| Children's Scholarship Fund of Omaha | ||||||||
| 7101 Mercy Road | Suite 150 | Omaha | NE | 68106 | 470822724 | 501(c)(3) | $270,000 | To provide partial scholarship awards to children from low-income families |
| The Basic Fund | ||||||||
| 1301 Clay Street | Suite 70450 | Oakland | CA | 94612 | 943290699 | 501(c)(3) | $767,244 | To provide partial scholarship awards to children from low-income families |
| Scholarship Fund for Inner City Children | ||||||||
| 171 Clifton Avenue | Newark | NJ | 07104 | 510546401 | 501(c)(3) | $5,688 | To provide partial scholarship awards to children from low-income families | |
| Northwest Ohio Scholarship Fund Inc | ||||||||
| 5800 Monroe Street | Suite F5 | Sylvania | OH | 43560 | 311639134 | 501(c)(3) | $43,499 | To provide partial scholarship awards to children from low-income families |
| Memphis Oppprtunity Scholarship Trust Inc | ||||||||
| 1000 Ridgeway Loop Road | Suite 205 | Memphis | TN | 38120 | 621723618 | 501(c)(3) | $104,638 | To provide partial scholarship awards to children from low-income families |
| Today and Tomorrow Educational Foundation | ||||||||
| 20 Archbishop May Drive | St Louis | MO | 63119 | 431633565 | 501(c)(3) | $184,038 | To provide partial scholarship awards to children from low-income families | |
| Tomorrow's Hope Foundation | ||||||||
| 50 Charles Lindbergh Blvd | Suite 500 | Uniondale | NY | 11553 | 203514578 | 501(c)(3) | $37,501 | To provide partial scholarship awards to children from low-income families |
| Brighter Future Fund a program of the Archdiocese of Detroit | ||||||||
| 12 State Street | Detroit | MI | 48226 | 381359274 | 501(c)(3) | $19,749 | To provide partial scholarship awards to children from low-income families | |
| Children's Scholarship Fund Portland a program of Cascade Policy Institute | ||||||||
| 4850 SW Scholls Ferry Road | Suite 103 | Portland | OR | 97225 | 931045925 | 501(c)(3) | $15,000 | To provide partial scholarship awards to children from low-income families |
| Alliance for Choice in Education | ||||||||
| 1201 East Colfax Avenue | Suite 302 | Denver | CO | 80218 | 841531066 | 501(c)(3) | $225,000 | To provide partial scholarship awards to children from low-income families |
| Seeds of Hope of Northern Colorado | ||||||||
| 1300 South Steele Street | Denver | CO | 80210 | 821844617 | 501(c)(3) | $50,000 | To provide partial scholarship awards to children from low-income families | |
| Tri-County Scholarship Fund | ||||||||
| 4 Century Drive | Parsippany | NJ | 07054 | 222354475 | 501(c)(3) | $30,000 | To provide partial scholarship awards to children from low-income families | |
| The BISON Children's Scholarship Fund Inc | ||||||||
| 284 Delaware Avenue | Buffalo | NY | 14202 | 161477288 | 501(c)(3) | $262,500 | To provide partial scholarship awards to children from low-income families | |
| Catholic Partnership Schools | ||||||||
| 808 Market Street | Camden | NJ | 08102 | 273236916 | 501(c)(3) | $102,558 | To provide partial scholarship awards to children from low-income families | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 16 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | To provide partial scholarship awards to children from low-income families | GrantTypeTxt |
| Recipient | 7805 | RecipientCnt |
| Cash Grant | $16,695,225 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 | FormAndLineReferenceDesc |
| Explanation | CSF makes matching grants to other scholarship organizations so they may also provide partial scholarship awards to children from low-income families. In fiscal year 2023, CSF provided more than $2.5 million in matching grants to 16 other scholarship organizations. With CSF's matching grants, these scholarship organizations provided $36.2 million in scholarships to nearly 18,800 children. CSF has grant agreements with each of these organizations which require that 1) the scholarships are awarded solely on the basis of financial need, 2) are intended for low-income families, 3) income eligibility must be verified annually, 4) the maximum award will not exceed 75% of tuition less other financial aid and 5) that continued enrollment will be verified at least twice each academic year. Prior to disbursing grants to these organizations CSF verifies that the required matching contributions have been received. In addition, during fiscal year 2023 CSF disbursed approximately $16.7 million in direct scholarship assistance on behalf of nearly 7,730 children from low-income families. The criteria for eligibility are residency and income, and students must be entering grades K-8 when they begin in the program. Families are asked to provide proof of income eligibility, and indicate enrollment at their chosen private school. Scholarship funds are disbursed to the schools twice a year, in November (50%) and March (50%). Parents and/or principals must verify that the student's good standing at the school, academically, financially, and otherwise, and certifying that the student is maintaining at least a 90% attendance rate. Although the scholarship payments are made to schools, they are awarded to parents. If a family is not satisfied with its chosen school, they may take the scholarship to another school. The program staff at CSF works daily with parents and schools to ensure program integrity, answer questions regarding scholarship amounts, parental contributions, enrollments, transfers, siblings, eligibility, participating schools, and other issues that regularly surface. CSF uses a customized database to track all applicants, participants, schools, scholarships, income eligibility, etc., and is able to generate accurate and up-to-date data on every aspect of the program. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Darla M Romfo | ||||||||||||||
| President & CEO | $325,246 | $0 | $0 | $0 | $3,564 | $0 | $15,250 | $0 | $19,190 | $0 | $363,250 | $0 | $0 | $0 |
| Kathleen Doran | ||||||||||||||
| CFO | $223,375 | $0 | $0 | $0 | $720 | $0 | $11,406 | $0 | $19,075 | $0 | $254,576 | $0 | $0 | $0 |
| Michele Mitola | ||||||||||||||
| VP Strategic Planning & Development | $183,776 | $0 | $0 | $0 | $1,666 | $0 | $9,378 | $0 | $2,365 | $0 | $197,185 | $0 | $0 | $0 |
| Elizabeth Toomey | ||||||||||||||
| Corporate Secretary | $149,261 | $0 | $0 | $0 | $552 | $0 | $7,604 | $0 | $14,894 | $0 | $172,311 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule J, Part II | FormAndLineReferenceDesc |
| Explanation | Other reportable compensation for Ms. Romfo includes $3,564 in taxable group term life insurance premiums. Other reportable compensation for Ms. Doran includes $720 in taxable group term life insurance premiums. Other reportable compensation for Ms. Mitola includes $1,666 in taxable group term life insurance premiums. Other reportable compensation for Ms. Toomey includes $552 in taxable group term life insurance premiums. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 6 | ContributionCnt |
| Noncash Contributions Rpt F990 | $73,298 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | market quotations | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | Fitness & Training classes | 49 | $1,003 | selling price |
| Yes (X) | Met Tickets | 4 | $300 | selling price |
| Yes (X) | Gift cards | 4 | $440 | selling price |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section B, Line 11b | The Chief Financial Officer (CFO) prepares IRS Form 990 and all state regulatory filings. The CFO consults with outside professionals, as necessary, to properly complete these filings. Upon completion, the 990 is reviewed by the President and the organization's independent accounting firm. Following these reviews, a copy of the 990 is sent to each member of the Audit Committee of the Board of Directors. A meeting of the Audit Committee was held on December 1, 2023, at which time the committee reviewed and discussed Form 990 for the year ended August 31, 2023. The CFO, President & representatives from Grant Thornton were present at the meeting to respond to questions from committee members. A copy of the completed 990 was sent electronically to all board members prior to filing with the Internal Revenue Service. |
| Form 990, Part VI, Section B, Line 12c | The Children's Scholarship Fund's conflict of interest policy prohibits any director, officer or key employee from using his or her position, or the knowledge gained there from, in such a manner that a conflict arises between the interest of the Children's Scholarship Fund or any of its affiliates and his or her personal interests. To implement this policy, directors, officers and key employees are required to make true and complete disclosure of the material facts relating to any personal interest he or she may have in any transaction before the Board or any of its Committees, prior to any vote on the transaction. Should a potential conflict of interest arise, the individual is required to recuse him or herself from discussions, deliberations or votes concerning the transaction. Annually each Director, officer and key employee is requested to complete an Independence and Conflict of Interest questionnaire. |
| Form 990, Part VI, Section B, Line 15 | The compensation of the President & CEO, is approved by the Board of Directors. All Directors, except for the President, serve without compensation. The President & CEO recommends salary changes for all other positions during the annual budget process; which is approved by the Board of Directors. In the Fall of 2023 the organization engaged an independent professional services firm to compare the compensation of the President & CEO, the Chief Financial Officer, the Vice President of Strategic Planning & Development and the Executive Director of New Hampshire Programs to their counterparts in not-for-profit organizations similar to CSF. This report was provided to the Executive Committee of the Board of Directors of the Children's Scholarship Fund. |
| Form 990, Part VI, Section C, Line 19 | CSF's Code of Ethics and Privacy Policy are posted on our website (www.scholarshipfund.org). Our annual report, audited financial statements, and Form 990 may also be downloaded from this site. In addition, there is a link to our Form 990 that is posted on www.guidestar.org. Interested parties may also obtain copies of Forms 990 and 1023 by contacting us directly. |
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