2019-11-25T15:54:25-06:00 2019-06-30 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2018-07-01 134129457 DONORSCHOOSEORG DONO 2122393615 134 WEST 37TH STREET - 11 FL NEW YORK NY 10018 GEOFFREY HILL CHIEF FINANCIAL OFFICER 2122393615 2019-11-22 1 FREDERICK MARTENS P00298107 2126972299 38.142.140.186 2019-11-22 14:19:34 ES P E0B61323609C1CC0B81B3901687D4600995A8426 46D7C3021ACD099E0E045FFA4D1A56074D07B965 2018 2020-03-31 21:24:44Z CHARLES BEST 134 WEST 37TH STREET - 11 FL NEW YORK NY 10018 153199549 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. 12 12 223 400 0 113758 149840171 148408048 0 0 -979432 1598045 37370 0 148898109 150006093 0 0 0 0 11619849 12545357 0 0 5466714 126844706 118263832 138464555 130809189 10433554 19196904 75778378 93480134 4138307 3004351 71640071 90475783 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 124018709 CLASSROOM PROJECT FULFILLMENT:DURING FISCAL YEAR 2019, OUR DONORS HAVE PROVIDED $148.4 MILLION TO FUND 254,899 CLASSROOM PROJECTS, SUPPORTING 144,785 TEACHERS. 124018709 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 1 128 0 1 223 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 12 12 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 6465569923 134 WEST 37TH STREET - 11 FL NEW YORK NY 10018 PETER BLOOM CHAIRMAN 5.00 X X 0 0 0 THERESIA GOUW VICE CHAIRMAN 2.00 X X 0 0 0 JONATHAN ALTER BOARD MEMBER 2.00 X 0 0 0 YVETTE NICOLE BROWN 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 CAROLYN EVERSON BOARD MEMBER 2.00 X 0 0 0 GENEIN LETFORD BOARD MEMBER 2.00 X 0 0 0 RICHARD LOVETT 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 CHIEF EXECUTIVE OFFICER 40.00 X 335548 0 49057 KATIE BISBEE CHIEF MARKETING OFFICER 40.00 X 261400 0 21821 OLIVER HURST-HILLER CHIEF TECHNOLOGY OFFICER 40.00 X 261000 0 42005 CESAR BOCANEGRA COO (TO 3/2019) 40.00 X 258580 0 49112 GEOFFREY HILL CHIEF FINANCIAL OFFICER 40.00 X 178261 0 46804 JULIA PRIETO COO (AS OF 4/2019) 40.00 X 151601 0 44249 DANIEL BETZ DESIGN DIRECTOR 40.00 X 177000 0 42463 DAVID CRANE DIRECTOR OF ENGINEERING 40.00 X 159000 0 19456 NANCY MOND DIRECTOR OF ENGINEERING 40.00 X 156480 0 29713 JANELLE LIN SENIOR VP, BUSINESS DEVELOPMENT 40.00 X 154990 0 43119 CHRIS JUDKINS-FISHER PRINCIPAL SOFTWARE ENGINEE 40.00 X 141500 0 18581 2235360 0 406380 24 0 1 0 0 148408048 160438 148408048 811023 811023 3980478 3193456 787022 787022 787022 150006093 0 0 1598045 X 1712980 981478 268754 462748 8191747 5138214 309073 2744460 245661 151176 9252 85233 1594944 977524 64024 553396 800025 493719 44349 261957 50238 50238 53762 53762 700812 509341 58582 132889 159004 159004 502378 345539 20588 136251 1095616 806423 67133 222060 1144301 688643 56699 398959 295557 139578 15343 140636 2082278 1917626 20488 144164 20701 20701 CLASSROOM MATERIALS 109890151 109890151 UBI TAX 24099 24099 CREDIT CARD FEES 1561671 1561671 THANK YOU PACKAGE 417626 417626 265638 240681 24957 130809189 124018709 1323766 5466714 15544707 16810278 35194792 45913124 10549795 15449817 418977 620404 8433939 3920935 4352136 4513004 3448035 3920595 5850686 5881662 419250 371250 75778378 93480134 4138307 3004351 4138307 3004351 X 42464773 49640721 29175298 40835062 71640071 90475783 75778378 93480134 19196904 -361192 0 X 0 1 X 1 0 X 77378201 107473914 121005009 149840171 148408048 604105343 77378201 107473914 121005009 149840171 148408048 604105343 61411658 542693685 166706 127920 348887 341558 811023 1796094 605901437 0.89570 0.88690 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2994860 1107030 1887830 181715 88801 92914 5257364 2725104 2532260 4513004 INVESTMENT FUND - GLOBAL EQUITIES 1820719 F INVESTMENT FUND - FIXED INCOME 1071037 F ALTERNATIVE INVESTMENT - ABSOLUTE RETURN 2614167 F INVESTMENT FUND - MIDDLE MARKET LENDING 337024 F CASH HELD FOR INVESTMENT 38715 F 5881662 149922021 -361192 330882 -30310 149952331 53762 53762 150006093 131086309 330882 330882 130755427 53762 53762 130809189 CENTRAL AMERICA AND THE CARIBBEAN - 0 0 INVESTMENTS - FORM 990, PART X, LINE 12 4022228 0 0 0 0 0 0 4022228 0 4022228 0 0 0 0 1 0 X X X X 0 0 0 0 0 0 0 0 0 CHARLES BEST CHIEF EXECUTIVE OFFICER 293548 0 42000 0 0 0 13808 0 35249 0 384605 0 0 0 KATIE BISBEE CHIEF MARKETING OFFICER 249400 0 12000 0 0 0 9615 0 12206 0 283221 0 0 0 OLIVER HURST-HILLER CHIEF TECHNOLOGY OFFICER 249000 0 12000 0 0 0 7292 0 34713 0 303005 0 0 0 CESAR BOCANEGRA COO (TO 3/2019) 246580 0 12000 0 0 0 11979 0 37133 0 307692 0 0 0 GEOFFREY HILL CHIEF FINANCIAL OFFICER 176261 0 2000 0 0 0 7383 0 39421 0 225065 0 0 0 JULIA PRIETO COO (AS OF 4/2019) 149601 0 2000 0 0 0 7569 0 36680 0 195850 0 0 0 DANIEL BETZ DESIGN DIRECTOR 175000 0 2000 0 0 0 8750 0 33713 0 219463 0 0 0 DAVID CRANE DIRECTOR OF ENGINEERING 157000 0 2000 0 0 0 7850 0 11606 0 178456 0 0 0 NANCY MOND DIRECTOR OF ENGINEERING 154480 0 2000 0 0 0 7850 0 21863 0 186193 0 0 0 JANELLE LIN SENIOR VP, BUSINESS DEVELOPMENT 150490 0 4500 0 0 0 9406 0 33713 0 198109 0 0 0 CHRIS JUDKINS-FISHER PRINCIPAL SOFTWARE ENGINEE 139500 0 2000 0 0 0 6975 0 11606 0 160081 0 0 0 X 29 160438 QUOTED 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 225 PERSONS DURING CALENDAR YEAR 2018 MANY OF THESE INDIVIDUALS WERE EITHER SEASONAL OR TEMPORARY WORKERS. AT JUNE 30, 2019, THE FULL TIME STAFF WAS 101. 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 THE COMPENSATION COMMITTEE MEETS ANNUALLY TO DECIDE ON THE SALARY FOR THE CHIEF EXECUTIVE OFFICER AND HIS DIRECT REPORTS FOR THE YEAR AHEAD. AT THIS MEETING, THE COMMITTEE ALSO DECIDED ON THE BONUS, IF ANY, TO BE AWARDED TO THE CHIEF EXECUTIVE OFFICER FOR THE FISCAL YEAR COMPLETED. 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. UBI TAX IS FEDERAL UNRELATED BUSINESS INCOME TAX PAID FOR QUALIFIED TRANSPORTATION BENEFITS PROVIDED TO EMPLOYEES. CREDIT CARD FEES ARE THE FEES PAID TO THIRD PARTIES TO PROCESS CREDIT CARD DONATIONS MADE AT WWW.DONORSCHOOSE.ORG. THANK YOU PACKAGE EXPENSE IS PRIMARILY THE COST OF SUPPLIES AND POSTAGE REQUIRED TO MAIL STUDENT THANK YOU LETTERS TO DONORS.