2018-11-08T15:42:06-06:00 2018-06-30 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2017-07-01 134129457 DONORSCHOOSEORG DONO 2122393615 134 WEST 37TH STREET - 11 FL NEW YORK NY 10018 GEOFFREY HILL CHIEF FINANCIAL OFFICER 2122393615 2018-11-06 1 FREDERICK MARTENS P00298107 2126972299 38.142.140.186 2018-11-06 15:16:25 ES P B62112E39105128AEDCEB7B00C31B2492623AE56 03E3EECF7E65A1A7F99EA68D2AC92F3596A19EA3 2017 2019-02-21 02:37:17Z CHARLES BEST 134 WEST 37TH STREET - 11 FL NEW YORK NY 10018 177904635 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 12 208 450 0 43008 121005009 149840171 0 0 224419 -979432 198783 37370 121428211 148898109 0 0 0 0 9604096 11619849 0 0 5392605 93062261 126844706 102666357 138464555 18761854 10433554 61791080 75778378 1206318 4138307 60584762 71640071 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 132205472 CLASSROOM PROJECT FULFILLMENT:DURING FISCAL YEAR 2018, OUR DONORS HAVE PROVIDED $149.5 MILLION TO FUND 255,247 CLASSROOM PROJECTS, BENEFITING 43,313 SCHOOLS. 132205472 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 1 121 0 1 208 1 1 1 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 FRED WILSON BOARD MEMBER (TO 10/2017) 2.00 X 0 0 0 ANTHONY YOSELOFF BOARD MEMBER (TO 1/2018) 2.00 X 0 0 0 CHARLES BEST CHIEF EXECUTIVE OFFICER 40.00 X 323507 0 46249 CESAR BOCANEGRA CHIEF OPERATING OFFICER 40.00 X 230820 0 44875 OLIVER HURST-HILLER CHIEF TECHNOLOGY OFFICER 40.00 X 237042 0 45967 ANDY KAPLAN CFO (TO 12/2017) 40.00 X 201662 0 31456 GEOFFREY HILL CFO (AS OF 11/2017) 40.00 X 28833 0 0 KATIE BISBEE CHIEF MARKETING OFFICER 40.00 X 239345 0 23749 DANIEL BETZ DESIGN DIRECTOR 40.00 X 172445 0 40906 JANELLE LIN SENIOR VP, BUSINESS DEVELOPMENT 40.00 X 137834 0 44954 NANCY MOND DIRECTOR OF ENGINEERING 40.00 X 149925 0 28784 DAVID CRANE DIRECTOR OF ENGINEERING 40.00 X 152445 0 18739 CHRIS JUDKINS-FISHER PRINCIPAL SOFTWARE ENGINEER 40.00 X 132500 0 17260 2006358 0 342939 15 0 1 0 0 149840171 29129896 149840171 304188 304188 37370 0 37370 37370 37370 279408 27443498 285252 28721274 -5844 -1277776 -1283620 -1283620 148898109 0 0 -942062 X 1570141 777426 300330 492385 7710187 4865694 165731 2678762 224359 142565 3450 78344 1350890 831318 30108 489464 764272 465861 35175 263236 56433 56433 47070 47070 304740 119424 28762 156554 199313 199313 482986 332979 21784 128223 847094 613805 49683 183606 1181963 731516 58556 391891 316205 128162 23692 164351 1840495 1726959 14759 98777 17895 17895 CLASSROOM MATERIALS 119700296 119700296 CREDIT CARD FEES 1367081 1367081 THANK YOU PACKAGE 402386 402386 GIFT CARD PRODUCTION 67699 67699 13050 13050 138464555 132205472 866478 5392605 9280853 15544707 30073187 35194792 9713866 10549795 271472 418977 7670548 3318412 3453063 4352136 3152162 3448035 5427227 5850686 419250 419250 61791080 75778378 1206318 4138307 1206318 4138307 X 31674989 42464773 28909773 29175298 60584762 71640071 61791080 75778378 10433554 621755 0 X 0 1 X 1 0 X 60854821 77378201 107473914 121005009 149840171 516552116 60854821 77378201 107473914 121005009 149840171 516552116 57512939 459039177 68325 166706 127920 348887 341558 1053396 517605512 0.88690 0.89490 X 2569889 769020 1800869 57830 47639 10191 5042829 2501753 2541076 4352136 INVESTMENT FUND - GLOBAL EQUITIES 1729648 F INVESTMENT FUND - FIXED INCOME 1401432 F ALTERNATIVE INVESTMENT - ABSOLUTE RETURN 2509058 F INVESTMENT FUND - MIDDLE MARKET LENDING 169252 F CASH HELD FOR INVESTMENT 41296 F 5850686 150126645 621755 606781 1228536 148898109 0 148898109 139071336 606781 606781 138464555 0 138464555 CENTRAL AMERICA AND THE CARIBBEAN - INVESTMENTS 4079742 0 0 0 0 0 0 4079742 0 4079742 0 0 0 0 1 0 X 1 1 X X X X 0 0 0 0 0 0 0 0 0 CHARLES BEST CHIEF EXECUTIVE OFFICER 293507 0 30000 0 0 0 13521 0 32728 0 369756 0 0 0 CESAR BOCANEGRA CHIEF OPERATING OFFICER 230820 0 0 0 0 0 11594 0 33281 0 275695 0 0 0 OLIVER HURST-HILLER CHIEF TECHNOLOGY OFFICER 237042 0 0 0 0 0 12000 0 33967 0 283009 0 0 0 ANDY KAPLAN CFO (TO 12/2017) 185062 0 0 0 16600 0 9900 0 21556 0 233118 0 0 0 KATIE BISBEE CHIEF MARKETING OFFICER 239345 0 0 0 0 0 12000 0 11749 0 263094 0 0 0 DANIEL BETZ DESIGN DIRECTOR 172445 0 0 0 0 0 8625 0 32281 0 213351 0 0 0 JANELLE LIN SENIOR VP, BUSINESS DEVELOPMENT 137834 0 0 0 0 0 8445 0 36509 0 182788 0 0 0 NANCY MOND DIRECTOR OF ENGINEERING 149925 0 0 0 0 0 7625 0 21159 0 178709 0 0 0 DAVID CRANE DIRECTOR OF ENGINEERING 152445 0 0 0 0 0 7550 0 11189 0 171184 0 0 0 PART I, LINE 1A FROM TIME TO TIME, DONORSCHOOSE.ORG WILL PAY FOR FIRST-CLASS AIRFARE FOR THE CEO WHEN TRAVELING LONG DISTANCES AND AT INCONVENIENT TIMES FOR BUSINESS PURPOSES. X 23 80237 QUOTED MARKET VALUE X CRYPTOCURRENCY 1 28721274 QUOTED MARKET VALUE X LEASEHOLD IMPROVEMENTS 4 328385 VALUE IF PURCHASED 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 208 PERSONS DURING CALENDAR YEAR 2017 MANY OF THESE INDIVIDUALS WERE EITHER SEASONAL OR TEMPORARY WORKERS. AT JUNE 30, 2018, THE FULL TIME STAFF WAS 103. 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. GIFT CARD PRODUCTION IS THE COST OF MANUFACTURING GIFT CARDS. GIFT CARDS GIVE A POTENTIAL DONOR THE OPPORTUNITY TO HELP BRING A CLASSROOM PROJECT TO LIFE, WITH THE HOPE THAT THE DONOR WILL MAKE SUBSEQUENT CASH DONATIONS TO ADDITIONAL CLASSROOM PROJECTS. GIFT CARDS GENERALLY HAVE A FACE VALUE OF $25 AND UP. THE FACE VALUE OF THE GIFT CARD IS GENERALLY PAID FOR BY A CORPORATION OR FOUNDATION AND IS RECORDED IN DONATION REVENUE. 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.