2022-12-20T15:28:49-06:00 2022-06-30 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2021-07-01 134129457 DONORSCHOOSEORG DONO 2122393615 134 WEST 37TH STREET - 11 FL NEW YORK NY 10018 GEOFFREY HILL CHIEF FINANCIAL OFFICER 2122393615 2022-12-06 1 GEOFFREY HILL 999009999 FREDERICK MARTENS P00298107 2126972299 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z ALIX GUERRIER 134 WEST 37TH STREET - 11 FL NEW YORK NY 10018 189362493 0 X HTTP://WWW.DONORSCHOOSE.ORG X 2000 NY DONORSCHOOSE.ORG IS A SIMPLE WAY TO PROVIDE STUDENTS WITH THE RESOURCES THEY NEED TO LEARN. 14 14 194 246 0 0 157631539 186858690 0 0 418587 458338 0 0 158050126 187317028 0 0 0 0 13672936 16804864 0 0 7873725 125827407 158818166 139500343 175623030 18549783 11693998 123689070 131250039 3816355 2368474 119872715 128881565 DONORSCHOOSE.ORG ENGAGES THE PUBLIC IN PUBLIC SCHOOLS BY GIVING PEOPLE A SIMPLE, ACCOUNTABLE AND PERSONAL WAY TO ADDRESS EDUCATIONAL INEQUITY. WE ENVISION A NATION WHERE CHILDREN IN EVERY COMMUNITY HAVE THE TOOLS AND EXPERIENCES NEEDED FOR AN EXCELLENT EDUCATION. 0 0 165816248 CLASSROOM PROJECT FULFILLMENT:DURING FISCAL YEAR 2022, OUR DONORS HAVE PROVIDED $187 MILLION TO FUND 343,100 CLASSROOM PROJECTS, SUPPORTING 171,490 TEACHERS. 165816248 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 56 0 194 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AR CA CT FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC OR PA RI SC TN UT VA WV WI X X GEOFFREY HILL 2122393615 134 WEST 37TH STREET 11TH FLOOR NEW YORK NY 10018 THERESIA GOUW CHAIRMAN 5.00 X X 0 0 0 YVETTE NICOLE BROWN VICE CHAIRMAN 2.00 X X 0 0 0 W KAMAU BELL BOARD MEMBER 2.00 X 0 0 0 PETER BLOOM BOARD MEMBER 2.00 X 0 0 0 AMANDA CALZADA BOARD MEMBER 2.00 X 0 0 0 MITCH COHEN BOARD MEMBER 5.00 X 0 0 0 STEPHEN COLBERT BOARD MEMBER 2.00 X 0 0 0 KRISTIE JONES BOARD MEMBER 2.00 X 0 0 0 RICHARD LOVETT BOARD MEMBER 2.00 X 0 0 0 MARIA MOATS BOARD MEMBER 2.00 X 0 0 0 DONNA RATCHFORD BOARD MEMBER 2.00 X 0 0 0 DESIREE ROGERS BOARD MEMBER 2.00 X 0 0 0 TRABIAN SHORTERS BOARD MEMBER 2.00 X 0 0 0 JEFF WEINER BOARD MEMBER 2.00 X 0 0 0 CHARLES BEST CEO (TO JUN 2022) 40.00 X 340826 0 46794 ALIX GUERRIER CEO (AS OF APR 2022) 40.00 X 100000 0 0 OLIVER HURST-HILLER CHIEF TECHNOLOGY OFFICER 40.00 X 290291 0 36397 KATIE BISBEE CHIEF MARKETING OFFICER 40.00 X 289958 0 29379 GEOFFREY HILL CHIEF FINANCIAL OFFICER 40.00 X 275752 0 52001 JULIA PRIETO CHIEF OPERATING OFFICER 40.00 X 275000 0 52953 DANIEL BETZ VP, PRODUCT & DESIGN 40.00 X 189409 0 42593 NANCY MOND SENIOR DIRECTOR OF ENGINEERING 40.00 X 187344 0 30276 JINAN O'CONNOR VP, ADVOACY & PUBLIC PARTNERSHIPS 40.00 X 185500 0 27937 MICHAEL WALKER SENIOR DIRECTOR, ENGINEERING 40.00 X 178937 0 47795 ABIGAIL FEUER EXECUTIVE VP, MARKETING & GROWTH 40.00 X 178584 0 46138 2491601 0 412263 37 0 1 0 0 41353885 145504805 3543354 186858690 514450 514450 1989353 2045465 -56112 -56112 -56112 187317028 0 0 458338 X 2155512 924787 454578 776147 11019181 6357478 467173 4194530 417473 231352 19362 166759 2180619 1211158 131578 837883 1032079 570898 70191 390990 44315 44315 75000 75000 110727 110727 986793 501875 73090 411828 146675 146675 446246 277542 29361 139343 1430603 1011803 116687 302113 1088351 681867 61074 345410 214241 120996 14861 78384 2109116 2020768 13274 75074 77881 77881 CLASSROOM MATERIALS 150058252 150058252 CREDIT CARD FEES 1665469 1665469 FULFILLMENT 139975 139975 BAD DEBT EXPENSE 126011 126011 98511 42028 47894 8589 175623030 165816248 1933057 7873725 10328101 26366277 71706614 63776559 23408165 14256889 1017627 1303438 9274108 5237732 4071454 4036376 4944807 8335240 7841052 12804010 371250 371250 123689070 131250039 3816355 2368474 3816355 2368474 X 80282451 89265007 39590264 39616558 119872715 128881565 123689070 131250039 11693998 -2685148 0 X 0 1 X 1 1 1 X 149840171 148408048 147777790 157631539 186858690 790516238 149840171 148408048 147777790 157631539 186858690 790516238 29718726 760797512 341558 811023 1055892 288086 514450 3011009 793527247 0.95880 0.93430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2994860 1922640 1072220 181715 181715 0 6097533 3133377 2964156 4036376 INVESTMENT FUND - GLOBAL EQUITIES 3121539 F INVESTMENT FUND - FIXED INCOME 1518631 F INVESTMENT FUND - SUSTAINABLE INVESTING 227873 F ALTERNATIVE INVESTMENT - ABSOLUTE RETURN 5198661 F INVESTMENT FUND - MIDDLE MARKET LENDING 481032 F CASH HELD FOR INVESTMENT 106454 F INVESTMENT FUND - GROWTH STAGE PRIVATE EQUITY 1271504 F INVESTMENT FUND - PRIVATE EQUITY PARTNERSHIPS 878316 F 12804010 214690268 -2685148 30169115 27483967 187206301 110727 110727 187317028 205681418 30169115 30169115 175512303 110727 110727 175623030 CENTRAL AMERICA AND THE CARIBBEAN - 0 0 INVESTMENTS - FORM 990, PART X, LINE 12 8076640 0 0 0 0 0 0 8076640 0 8076640 1 0 1 0 1 0 PART III ACCOUNTING METHOD: X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 CHARLES BEST CEO (TO JUN 2022) 340826 0 0 0 0 0 9917 0 36877 0 387620 0 0 0 OLIVER HURST-HILLER CHIEF TECHNOLOGY OFFICER 290291 0 0 0 0 0 13882 0 22515 0 326688 0 0 0 KATIE BISBEE CHIEF MARKETING OFFICER 289958 0 0 0 0 0 6531 0 22848 0 319337 0 0 0 GEOFFREY HILL CHIEF FINANCIAL OFFICER 275752 0 0 0 0 0 13675 0 38326 0 327753 0 0 0 JULIA PRIETO CHIEF OPERATING OFFICER 275000 0 0 0 0 0 13875 0 39078 0 327953 0 0 0 DANIEL BETZ VP, PRODUCT & DESIGN 189409 0 0 0 0 0 9472 0 33121 0 232002 0 0 0 NANCY MOND SENIOR DIRECTOR OF ENGINEERING 187344 0 0 0 0 0 8759 0 21517 0 217620 0 0 0 JINAN O'CONNOR VP, ADVOACY & PUBLIC PARTNERSHIPS 185500 0 0 0 0 0 9270 0 18667 0 213437 0 0 0 MICHAEL WALKER SENIOR DIRECTOR, ENGINEERING 178937 0 0 0 0 0 7067 0 40728 0 226732 0 0 0 ABIGAIL FEUER EXECUTIVE VP, MARKETING & GROWTH 178584 0 0 0 0 0 9144 0 36994 0 224722 0 0 0 PART I, LINE 1A FROM TIME TO TIME, DONORCHOOSE.ORG WILL PAY FOR FIRST-CLASS AIRFARE FOR THE CEO WHEN TRAVELING LONG DISTANCES AND AT INCONVENIENT TIMES ON ORG BUSINESS. X 26 3408789 QUOTED MARKET VALUE X MATERIALS 3 134555 FAIR MARKET VALUE 0 0 1 0 FORM 990, PART I, LINE 6 IN ADDITION TO THE VOLUNTEER WORK DONE BY OUR BOARD OF DIRECTORS, THE MAJOR AREAS WHERE DONORSCHOOSE.ORG BENEFITS FROM VOLUNTEER HOURS IS IN OUR "TEACHERS AS SCREENERS AND OUR "DONOR APPRECIATION" INITIATIVES. IN THE TEACHERS AS SCREENERS INITIATIVE, TEACHER VOLUNTEERS REVIEW CLASSROOM PROJECT PROPOSAL DESCRIPTIONS, TO ENSURE THEY CONTAIN THE ELEMENTS NECESSARY TO PROVIDE A CLEAR AND COMPELLING DESCRIPTION OF THE PROJECT OBJECTIVES AND EXPECTED OUTCOMES. IN THE DONOR APPRECIATION INITIATIVE, VOLUNTEERS HELP WITH THE PROCESS OF TAKING STUDENT THANK-YOU LETTERS THAT WE RECEIVE FROM THE CLASSROOM TEACHER AND PREPARING THEM FOR SUBSEQUENT MAILING TO THE PROJECT DONORS. FORM 990, PART I, LINE 5 DONORSCHOOSE.ORG EMPLOYED 194 PERSONS DURING CALENDAR YEAR 2021 MANY OF THESE INDIVIDUALS WERE EITHER SEASONAL OR TEMPORARY WORKERS. AT JUNE 30, 2022, THE FULL TIME STAFF WAS 150. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY OUR PUBLIC ACCOUNTING FIRM. AFTER PREPARATION, IT IS REVIEWED BY THE CHIEF FINANCIAL OFFICER AND THE CHIEF EXECUTIVE OFFICER. FOLLOWING THEIR REVIEW, IT IS REVIEWED AT A MEETING OF THE FINANCE AND AUDIT COMMITTEE, THE CHIEF FINANCIAL OFFICER, THE CHIEF EXECUTIVE OFFICER AND THE PUBLIC ACCOUNTING FIRM. AT THIS MEETING, THE CHIEF FINANCIAL OFFICER AND THE PUBLIC ACCOUNTING FIRM WALK THE ATTENDEES THROUGH THE DOCUMENT AND ANSWER ANY QUESTIONS THAT THEY MAY HAVE. WHEN THE FINANCE AND AUDIT COMMITTEE IS SATISFIED WITH THE FORM 990, THEY APPROVE IT. FOLLOWING APPROVAL BY THE FINANCE AND AUDIT COMMITTEE, THE FORM 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW. IF THERE ARE NO FURTHER QUESTIONS FROM THE BOARD, THE FORM 990 IS FILED BY THE CHIEF FINANCIAL OFFICER. FORM 990, PART VI, SECTION B, LINE 12C PERSONS COVERED UNDER THIS POLICY INCLUDE THE BOARD OF DIRECTORS AND THE KEY EMPLOYEES. THE POLICY IS DISCUSSED AT LEAST ANNUALLY AT A BOARD MEETING. EACH PERSON COVERED UNDER THIS POLICY IS AWARE OF HOW TO REPORT A POTENTIAL CONFLICT OF INTEREST. NO POTENTIAL CONFLICTS OF INTEREST HAVE BEEN REPORTED, BUT IF THEY HAD BEEN, THE POTENTIAL CONFLICT WOULD BE REVIEWED BY THE CHAIRMAN OF THE BOARD AND THE CHAIRMAN OF THE FINANCE AND AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION AT DONORSCHOOSE IS BASED ON A FISCAL YEAR ENDING JUNE 30. FOR FISCAL YEARS 2021 AND 2022, DONORSCHOOSE ENGAGED AN EXTERNAL COMPENSATION CONSULTING FIRM TO BENCHMARK SALARIES AND ENSURE FAIR AND EQUITABLE COMPENSATION ACROSS GENDER, RACE, AND OTHER DIMENSIONS OF DIVERSITY FOR ALL EMPLOYEES, INCLUDING KEY EMPLOYEES. FINAL COMPENSATION FOR OFFICERS (EXCLUDING THE CHIEF EXECUTIVE OFFICER) AND KEY EMPLOYEES IS DETERMINED BY THE CHIEF EXECUTIVE OFFICER, USING DATA FROM THE EXTERNAL COMPENSATION FIRM, IN CONSULTATION WITH THE CHAIRPERSON OF THE BOARD. THE COMPENSATION COMMITTEE MEETS ANUALLY TO REVIEW AND APPROVE THE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER. DONORSCHOOSE WELCOMED A NEW CHIEF EXCUTIVE OFFICER IN APRIL 2022, WHO'S FIRST-YEAR COMPENSATION WAS SET UPON HIRING. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, TAX RETURNS, CONFLICT OF INTEREST POLICY, WHISTLEBLOWER POLICY, NON-DISCRIMINATION POLICY, COMPENSATION COMMITTEE CHARTER, AUDIT COMMITTEE CHARTER, CORPORATE GOVERNANCE COMMITTEE CHARTER, GIFT ACCEPTANCE POLICY AND CAUSE MARKETING DISCLOSURES ARE ALL AVAILABLE FOR VIEWING AND DOWNLOAD AT WWW.DONORSCHOOSE.ORG. FORM 990, PART IX, LINE 24 CLASSROOM MATERIALS INCLUDES THE COSTS OF CLASSROOM PROJECT MATERIALS, DELIVERY AND WHERE APPLICABLE, SALES TAX. CREDIT CARD FEES ARE THE FEES PAID TO THIRD PARTIES TO PROCESS CREDIT CARD DONATIONS MADE AT WWW.DONORSCHOOSE.ORG.