2017-11-14T09:34:02-06:00 2017-06-30 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2016-07-01 134129457 DONORSCHOOSEORG DONO 2122393615 134 WEST 37TH STREET - 11 FL NEW YORK NY 10018 ANDY KAPLAN CHIEF FINANCIAL OFFICER 2122393615 2017-11-07 1 FREDERICK MARTENS P00298107 2126972299 38.142.140.186 2017-11-07 16:27:09 ES P 338721A1F878DAD5C3EFB79913BF909CA4ED51F8 CEB0681F86DA04FC094E5AAB11F791514B9B38D1 2016 2018-03-14 21:41:22Z CHARLES BEST 134 WEST 37TH STREET - 11 FL NEW YORK NY 10018 122291379 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. 13 13 199 300 0 0 107473914 121005009 0 0 116461 224419 0 198783 107590375 121428211 0 0 0 0 8756340 9604096 0 0 4292431 91837097 93062261 100593437 102666357 6996938 18761854 43116641 61791080 1929360 1206318 41187281 60584762 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 97482022 CLASSROOM PROJECT FULFILLMENT:DURING FISCAL YEAR 2017, OUR DONORS HAVE PROVIDED $121.2 MILLION TO FUND 183,574 CLASSROOM PROJECTS, BENEFITTING APPROXIMATELY 5.5 MILLION STUDENTS. 97482022 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 1 106 0 1 199 1 0 0 0 0 0 0 0 0 0 0 X 13 13 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 ANDY KAPLAN 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 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 2.00 X 0 0 0 ANTHONY YOSELOFF BOARD MEMBER 2.00 X 0 0 0 CHARLES BEST SEE SCH O CHIEF EXECUTIVE OFFICER 40.00 X 363542 0 43517 CESAR BOCANEGRA CHIEF OPERATING OFFICER 40.00 X 221440 0 41954 OLIVER HURST-HILLER CHIEF TECHNOLOGY OFFICER 40.00 X 224400 0 41265 ANDY KAPLAN CHIEF FINANCIAL OFFICER 40.00 X 177880 0 28323 KATIE BISBEE CHIEF MARKETING OFFICER 40.00 X 218507 0 21951 JANELLE LIN SENIOR VP, BUSINESS DEVELOPMENT 40.00 X 164630 0 42136 DANIEL BETZ DESIGN DIRECTOR 40.00 X 166535 0 38309 JOHN CIARDULLO DIRECTOR OF ENGINEERING 40.00 X 146880 0 41764 DAVID CRANE DIRECTOR OF ENGINEERING 40.00 X 151995 0 16802 NANCY MOND PRINCIPAL SOFTWARE ENGINEER 40.00 X 144920 0 39250 MISSY SHERBURNE TO APRIL 2016 CHIEF PARTNERSHIPS OFFICER 40.00 X 252125 0 33260 2232854 0 388531 22 1 1 0 0 121005009 713146 121005009 150104 150104 198783 0 198783 198783 198783 937483 863168 74315 74315 74315 121428211 0 0 423202 X 1476131 710456 276045 489630 6181808 3767547 236396 2177865 198592 123257 5831 69504 1126803 656612 59204 410987 620762 363327 39904 217531 2138 2138 51311 51311 33179 33179 214071 132348 33415 48308 64062 64062 471878 323016 23006 125856 739196 739196 1035687 641420 58846 335421 231086 81152 21195 128739 1646162 1536829 16318 93015 22057 22057 CLASSROOM MATERIALS 86903161 86903161 0 0 CREDIT CARD FEES 1227207 1227207 0 0 THANK YOU PACKAGE 276494 276494 0 0 GIFT CARD PRODUCTION 131513 0 0 131513 13059 13059 102666357 97482022 891904 4292431 6481150 9280853 17811812 30073187 7188922 9713866 323678 271472 6547960 3094897 3298463 3453063 3002551 3152162 4780815 5427227 229250 419250 43116641 61791080 1929360 1206318 1929360 1206318 X 24451872 31674989 16735409 28909773 41187281 60584762 43116641 61791080 18761854 635627 0 X 0 1 X 1 0 X 52474931 60854821 77378201 107473914 121005009 419186876 52474931 60854821 77378201 107473914 121005009 419186876 43356206 375830670 66382 68325 166706 127920 348887 778220 419965096 0.89490 0.89190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1543371 543827 999544 316365 284087 32278 4688224 2266983 2421241 3453063 INVESTMENT FUND - GLOBAL EQUITIES 1565344 F INVESTMENT FUND - FIXED INCOME 1323044 F ALTERNATIVE INVESTMENT - ABSOLUTE RETURN 2351634 F INVESTMENT FUND - MIDDLE MARKET LENDING 168960 F CASH HELD FOR INVESTMENT 18245 F 5427227 122149762 635627 85924 721551 121428211 0 121428211 102752281 85924 85924 102666357 0 102666357 CENTRAL AMERICA AND THE CARIBBEAN - INVESTMENTS 3843638 0 0 0 0 0 0 3843638 0 3843638 0 0 0 0 1 0 X X X X 1 0 0 0 0 0 0 0 0 CHARLES BEST SEE SCH O CHIEF EXECUTIVE OFFICER 258542 0 105000 0 0 0 13000 0 30517 0 407059 0 0 0 CESAR BOCANEGRA CHIEF OPERATING OFFICER 216440 0 5000 0 0 0 10875 0 31079 0 263394 0 0 0 OLIVER HURST-HILLER CHIEF TECHNOLOGY OFFICER 224400 0 0 0 0 0 6937 0 34328 0 265665 0 0 0 ANDY KAPLAN CHIEF FINANCIAL OFFICER 177880 0 0 0 0 0 8712 0 19611 0 206203 0 0 0 KATIE BISBEE CHIEF MARKETING OFFICER 218507 0 0 0 0 0 10958 0 10993 0 240458 0 0 0 JANELLE LIN SENIOR VP, BUSINESS DEVELOPMENT 112130 0 52500 0 0 0 5978 0 36158 0 206766 0 0 0 DANIEL BETZ DESIGN DIRECTOR 166535 0 0 0 0 0 8325 0 29984 0 204844 0 0 0 JOHN CIARDULLO DIRECTOR OF ENGINEERING 137880 0 9000 0 0 0 7125 0 34639 0 188644 0 0 0 DAVID CRANE DIRECTOR OF ENGINEERING 144995 0 7000 0 0 0 6950 0 9852 0 168797 0 0 0 NANCY MOND PRINCIPAL SOFTWARE ENGINEER 135920 0 9000 0 0 0 6062 0 33188 0 184170 0 0 0 MISSY SHERBURNE TO APRIL 2016 CHIEF PARTNERSHIPS OFFICER 52125 0 15000 0 185000 0 2698 0 30562 0 285385 0 0 0 PART I, LINE 4A MISSY SHERBURNE RECEIVED $185,000 UPON HER SEPARATION FROM DONORSCHOOSE.ORG IN 2016. X 25 713146 SALES PROCEEDS 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 199 PERSONS DURING CALENDAR YEAR 2016. MANY OF THESE INDIVIDUALS WERE EITHER SEASONAL OR TEMPORARY WORKERS. AT JUNE 30, 2017, THE FULL TIME EQUIVALENT STAFF WAS 118. 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.ORG IS BASED ON A FISCAL YEAR ENDING JUNE 30. COMPENSATION OF CHARLES BEST, CHIEF EXECUTIVE OFFICER, HAS BEEN: FY2015: BASE SALARY OF $195,000 AND PERFORMANCE BASED-BONUS OF $115,000; TOTAL $310,000. FY2016: BASE SALARY OF $225,000 AND PERFORMANCE-BASED BONUS OF $105,000; TOTAL $330,000. FY2017: BASE SALARY OF $295,000 AND PERFORMANCE-BASED BONUS OF $30,000; TOTAL $325,000. CHARLES BEST'S CALENDAR 2016 COMPENSATION OF $363,542 IS THE RESULT OF HIS FY2016 BONUS, AND HIS FY2017 SALARY INCREASE, FALLING IN THE SAME CALENDAR YEAR. HIS CALENDAR 2017 BASE SALARY AND BONUS WILL BE $325,000. 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 DECIDES 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.