INNOVATE PUBLIC SCHOOLS: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
INNOVATE PUBLIC SCHOOLS (EIN 46-2155826)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-10-24
IRS object ID
201622989349301137
Schema version
2015v2.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2016-10-24T18:27:23-05:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN946214841PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Armanino LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line150 W San Fernando St Ste 500AddressLine1Txt
CitySan JoseCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95113ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN462155826EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Innovate Public SchoolsBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlINNOBusinessNameControlTxt
Phone6505626200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11400 Parkmoor Ave No 240AddressLine1Txt
CitySan JoseCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95126ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMatthew HammerPersonNm
Person TitleCEOPersonTitleTxt
Phone6505626200PhoneNum
Signature2016-10-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLawrence S KuechlerPreparerPersonNm
PTINP00233621PTIN
Phone4082006400PhoneNum
Preparation2016-10-10PreparationDt
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMatthew HammerPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11400 Parkmoor Ave No 240AddressLine1Txt
CitySan JoseCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95126ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$4,554,224GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addressinnovateschools.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2013FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or Missionbuild the parent and community demand for world-class public schools, and to accelerate the growth of these schools, particularly for low-income students and students of color.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee18TotalEmployeeCnt
Total Volunteers9TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,569,334PYContributionsGrantsAmt
CY Contributions Grants$3,903,623CYContributionsGrantsAmt
PY Program Service Revenue$181,500PYProgramServiceRevenueAmt
CY Program Service Revenue$134,175CYProgramServiceRevenueAmt
PY Investment Income$2,471PYInvestmentIncomeAmt
CY Investment Income$6,727CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$4,502CYOtherRevenueAmt
PY Total Revenue$1,753,305PYTotalRevenueAmt
CY Total Revenue$4,049,027CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$230,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$976,353PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,716,072CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$136,100CYTotalFundraisingExpenseAmt
PY Other Expenses$518,209PYOtherExpensesAmt
CY Other Expenses$664,929CYOtherExpensesAmt
PY Total Expenses$1,494,562PYTotalExpensesAmt
CY Total Expenses$2,611,001CYTotalExpensesAmt
PY Revenues Less Expenses$258,743PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,438,026CYRevenuesLessExpensesAmt
Total Assets BOY$2,290,328TotalAssetsBOYAmt
Total Assets EOY$3,834,559TotalAssetsEOYAmt
Total Liabilities BOY$124,674TotalLiabilitiesBOYAmt
Total Liabilities EOY$230,879TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,165,654NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,603,680NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionInnovate Public Schools is a nonprofit organization whose mission is to build the parent and community demand for world-class public schools, and to accelerate the growth of these schools, particularly for low-income students and students of color. See Schedule O.The organization publishes easy-to-understand school quality data and research that highlights both problems and solutions, and it builds the capacity of parents, community leaders and educators to innovate and act together to create world-class public schools.MissionDesc
Significant New Program SrvcYes (1)SignificantNewProgramSrvcInd
Significant ChangeYes (1)SignificantChangeInd
Expense$818,674ExpenseAmt
Grant$230,000GrantAmt
DescResearch and Policy - Produce and publish actionable research and data on school quality, designed to encourage and leverage public school improvement, particularly for low-income students. Through public events, workshops, and online resources, the Organization works to get this research and data into the hands of parents, public officials, business leaders, school leaders, and local education advocates. In 2015, THE ORGANIZATION LAUNCHED A MULTI-YEAR PARTNERSHIP WITH THE NONPROFIT SCHOOL WEBSITE, GREATSCHOOLS, PROVIDING PARENTS EASY-TO-UNDERSTAND DATA ABOUT HOW SCHOOLS IN THEIR COMMUNITY ARE DOING AND WAYS TO TAKE ACTION (SEE WWW.GREATSCHOOLS.ORG/BAYAREA).Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$668,779ExpenseAmt
Revenue$138,677RevenueAmt
DescNew Schools - Accelerate the growth of new high quality public schools - both charter and district schools. The Organization is focused on the creation of new public schools - both district and charter schools - which is a proven strategy in this region for creating high-performing schools for low-income children. They also support school teams to redesign persistently underperforming public schools.Innovate Public Schools launched the Start-up Schools Fellowship in Fall 2013, their flagship program to prepare districts and charter school networks to successfully start excellent new public schools. Their fellowship provides a holistic set of supports tailored to the needs of each organization.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$521,319ExpenseAmt
DescOrganizing - Organize parents to effectively drive change. Parents have a unique and critical role in improving public schools. Innovate Public Schools supports parents across the region to build organizations in their communities that can successfully push for better schools and hold the system accountable to the needs of their children.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$2,008,772TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document27IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee18EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Financial Administrative Support ServicesBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6505626200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13180 Newberry Drive Ste 200AddressLine1Txt
CitySan JoseCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95118ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
Alicia Gallegos
Board chair0.50Yes (X)Yes (X)$0$0$0
Greg Gallo
Board treasurer0.50Yes (X)Yes (X)$0$0$0
Alex Cortez
Board secretary0.50Yes (X)Yes (X)$0$0$0
Marshall Tuck
board member0.50Yes (X)$0$0$0
Marc Tarpenning
board member0.50Yes (X)$0$0$0
Orlando Cardona
board member0.50Yes (X)$0$0$0
Eric Scroggins
board member0.50Yes (X)$0$0$0
Matthew Hammer
board member/CEO40.00Yes (X)Yes (X)$209,671$0$13,823
Emmett D Carson - to May 2015
board treasurer0.50Yes (X)Yes (X)$0$338,000$22,150
Samuel Johnson Jr - to Sep 2015
board chair0.50Yes (X)Yes (X)$0$0$0
Jason Scharpf
Director of Finance and Operations40.00Yes (X)$121,700$0$16,722
Sarah Rogers Tucker
Senior Mgr of Leadership and Development40.00$133,163$0$9,770Yes (X)
Jose Arenas
Managing Director, Organizing40.00$127,344$0$9,544Yes (X)
Sierra Jenkins
Dir. of Development and Communications40.00$122,416$0$6,023Yes (X)
Annalise Roy
Managing Dir., Schools and Operations40.00$119,052$0$13,621Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$833,346TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$338,000TotReportableCompRltdOrgAmt
Total Other Compensation$91,653TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K6IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$3,903,623AllOtherContributionsAmt
Noncash Contributions$505,197NoncashContributionsAmt
Total Contributions$3,903,623TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
contract revenue611710$97,500$97,500
conference fees611710$19,175$19,175
fellowship fees611710$17,500$17,500
FieldValueIRS element (for citing)
Total Program Service Revenue$134,175TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,154TotalRevenueColumnAmt
Exclusion$6,154ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$505,770SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$505,197SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$573SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$573TotalRevenueColumnAmt
Exclusion$573ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
Descmisc incomeDesc
Business611710BusinessCd
Total Revenue Column$4,502TotalRevenueColumnAmt
Related Or Exempt Func Income$4,502RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$4,502OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,049,027TotalRevenueColumnAmt
Related Or Exempt Func Income$138,677RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$6,727ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$230,000TotalAmt
Program Services$230,000ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$361,916TotalAmt
Program Services$185,247ProgramServicesAmt
Management And General$143,145ManagementAndGeneralAmt
Fundraising$33,524FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,084,438TotalAmt
Program Services$923,290ProgramServicesAmt
Management And General$89,469ManagementAndGeneralAmt
Fundraising$71,679FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$43,882TotalAmt
Program Services$34,658ProgramServicesAmt
Management And General$6,954ManagementAndGeneralAmt
Fundraising$2,270FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$105,309TotalAmt
Program Services$86,171ProgramServicesAmt
Management And General$13,070ManagementAndGeneralAmt
Fundraising$6,068FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$120,527TotalAmt
Program Services$94,302ProgramServicesAmt
Management And General$17,748ManagementAndGeneralAmt
Fundraising$8,477FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$47,943TotalAmt
Program Services$13,013ProgramServicesAmt
Management And General$34,133ManagementAndGeneralAmt
Fundraising$797FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$9,295TotalAmt
Management And General$9,295ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$26,413TotalAmt
Program Services$9,974ProgramServicesAmt
Management And General$15,824ManagementAndGeneralAmt
Fundraising$615FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$1,701TotalAmt
Management And General$1,701ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$283,533TotalAmt
Program Services$233,093ProgramServicesAmt
Management And General$44,930ManagementAndGeneralAmt
Fundraising$5,510FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$101,944TotalAmt
Program Services$44,809ProgramServicesAmt
Management And General$56,510ManagementAndGeneralAmt
Fundraising$625FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$10,524TotalAmt
Program Services$8,736ProgramServicesAmt
Management And General$1,368ManagementAndGeneralAmt
Fundraising$420FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$67,304TotalAmt
Program Services$58,492ProgramServicesAmt
Management And General$3,755ManagementAndGeneralAmt
Fundraising$5,057FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$71,483TotalAmt
Program Services$65,315ProgramServicesAmt
Management And General$5,610ManagementAndGeneralAmt
Fundraising$558FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$3,351TotalAmt
Program Services$2,924ProgramServicesAmt
Management And General$427ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$14,940TotalAmt
Program Services$5,356ProgramServicesAmt
Management And General$9,253ManagementAndGeneralAmt
Fundraising$331FundraisingAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescMisc expenseDesc
Total$26,498TotalAmt
Program Services$13,392ProgramServicesAmt
Management And General$12,937ManagementAndGeneralAmt
Fundraising$169FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,611,001TotalAmt
Program Services$2,008,772ProgramServicesAmt
Management And General$466,129ManagementAndGeneralAmt
Fundraising$136,100FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
EOY$3,436,564EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$200,000BOYAmt
EOY$50,000EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$50,000BOYAmt
EOY$125,025EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$945BOYAmt
EOY$26,515EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$48,333LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$3,351LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$44,982EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$2,037,911BOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,472BOYAmt
EOY$151,473EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,290,328BOYAmt
EOY$3,834,559EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$124,674BOYAmt
EOY$203,879EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
EOY$27,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$124,674BOYAmt
EOY$230,879EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,266,391BOYAmt
EOY$3,318,054EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$899,263BOYAmt
EOY$285,626EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,165,654BOYAmt
EOY$3,603,680EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,290,328BOYAmt
EOY$3,834,559EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,438,026ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consol And Sep Basis Fincl StmtYes (X)ConsolAndSepBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$2,599,026CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,569,334CurrentTaxYearMinus1YearAmt
Current Tax Year$3,903,623CurrentTaxYearAmt
Total$8,071,983TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$2,599,026CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,569,334CurrentTaxYearMinus1YearAmt
Current Tax Year$3,903,623CurrentTaxYearAmt
Total$8,071,983TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$2,386,062SubstantialContributorsTotAmt
Public Support Total170$5,685,921PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$720CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,015CurrentTaxYearMinus1YearAmt
Current Tax Year$6,154CurrentTaxYearAmt
Total$10,889TotalAmt
FieldValueIRS element (for citing)
Total Support$8,082,872TotalSupportAmt
Gross Receipts Rltd Activities$355,177GrossReceiptsRltdActivitiesAmt
First5 Years170Yes (X)First5Years170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePart I line 7FormAndLineReferenceDesc
ExplanationFrom 2013 through May 31, 2015, the Organization was a supporting organization of Silicon Valley Community Foundation (the "Community Foundation"). Effective June 1, 2015, the Organization was spun out of the Community Foundation and support services from the Community Foundation ceased.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$48,333OtherCostOrOtherBasisAmt
Depreciation$3,351DepreciationAmt
Book Value$44,982BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$44,982TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$4,094,524TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$47,198DonatedServicesAndUseFcltsAmt
Revenue Not Reported$47,198RevenueNotReportedAmt
Revenue Subtotal$4,047,326RevenueSubtotalAmt
Other Revenues Not Included$1,701OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$1,701RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$4,049,027TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,656,498TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$47,198DonatedServicesUseFcltsAmt
Expenses Not Reported$47,198ExpensesNotReportedAmt
Expenses Subtotal$2,609,300ExpensesSubtotalAmt
Other Expenses Not Included$1,701OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$1,701ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,611,001TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part X, Line 2:Accounting principles generally accepted in the United States of America provide accounting and disclosure guidance about positions taken by an organization in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken by the Organization in its federal and state exempt organization tax returns are more-likelythan- not to be sustained upon examination. The Organization files information returns in the U.S. federal jurisdiction and state of California. The Organization's federal returns for the years ended June 30, 2013 and beyond remain subject to possible examination by the Internal Revenue Service, generally for 3 years after they are filed. The Organization's California returns of the tax years ended June 30, 2013 and beyond remain subject to possible examination by the Franchise Tax Board, generally for 4 years after they are filed.
Part XI, Line 4b - Other Adjustments:investment management fee 1,701.
Part XII, Line 4b - Other Adjustments:investment management fee 1,701.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1GreatSchools IncBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11999 Harrison Street 1100AddressLine1Txt
CityOaklandCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94612ZIPCd
FieldValueIRS element (for citing)
Recipient EIN943311628RecipientEIN
IRC Section501(c)(3)IRCSectionDesc
Cash Grant$230,000CashGrantAmt
Purpose Of GrantFunding for a two-year partnership project with GreatSchools (GS) to build out the bilingual, mobile-friendly GS Bay Area platform which will be a part of the GS website, providing enriched content and other information for parents across the Bay Area.PurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Matthew Hammer
board member/CEO$209,671$0$0$0$0$0$4,989$0$8,834$0$223,494$0$0$0
Emmett D Carson - to May 2015
board treasurer$0$338,000$0$0$0$0$0$13,750$0$8,400$0$360,150$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule J part II line (2)FormAndLineReferenceDesc
ExplanationEmmett Carson, CEO of SVCF was on Innovate Public Schools' Board until May 2015 when the Organization changed its foundation status from supporting organization to public charity. He is compensated by SVCF (the originally supported organization) for being their CEO. The compensation amount was pro-rated for 5 months.ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$505,197NoncashContributionsRptF990Amt
Method Of Determining Revenuesmarket priceMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part III, line 2Innovate started its GreatSchools partnership in 2015.
Form 990, Part III, line 3From 2013 through May 31, 2015, the Organization was a supporting organization of Silicon Valley Community Foundation (the "Community Foundation"). Effective June 1, 2015, the Organization was spun out of the Community Foundation and support services from the Community Foundation ceased.
Form 990, Part VI, Section A, line 4The organization was previously classified as a Type I supporting organization under Code Section 509(a)(3), based on its governance relationship with Silicon Valley Community Foundation ("SVCF"). During the year, this corporation applied to the Internal Revenue Service ("IRS") for, and was granted reclassificiation as an organization exempt from federal income tax under Code Section 501(c)(3) and further classified as a publicly supported charity under Code Sections 509(a)(1) and 170(b)(1)(A)(vi). The organization amended its Bylaws to remove the governance links to SVCF, consistent with its change in tax status.
Form 990, Part VI, Section B, line 11The Form 990 is placed on a secured website or sent by email for the governing body to review and comment. Review is verified by email.
Form 990, Part VI, Section B, line 12cAnnually key employees are required to read and acknowledge that they have read the Conflicts of Interest policy.
Form 990, Part VI, Section B, line 15athe Board of Directors discussed and approved the CEO's salary.
Form 990, Part VI, Section C, line 19The financial statements and governing/organizational documents are provided in the office, on a CD, or through email upon request. The conflict of interest policy is not made available to the public.
Form 990, Part IX, line 11gHR service: Program service expenses 0. Management and general expenses 1,693. Fundraising expenses 0. Total expenses 1,693. contract services: Program service expenses 233,093. Management and general expenses 43,237. Fundraising expenses 5,510. Total expenses 281,840.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (16 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationIndBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
Silicon Valley Community Foundation
2440 West El Camino Real 300Mountain ViewCA94040205205488Grants & community leadershipCA501(c)(3)Line 7N/A0
William H Cilker Family Foundation
2440 West El Camino Real 300mountain ViewCA94040770479067grants & community leadershipCA501(c)(3)Line 11a, I0Silicon Valley Community Foundation
Driscoll family Foundation
2440 West El Camino Real 300mountain ViewCA94040770430921grants & community leadershipCA501(c)(3)Line 11a, I0silicon Valley Community Foundation
The Dirk and Charlene Kabcenell Foundation
2440 West El Camino Real 300mountain ViewCA94040721563142grants & community leadershipCA501(c)(3)Line 11a, I0silicon Valley Community Foundation
The Bernard A Newcomb Foundation
2440 West El Camino Real 300mountain ViewCA94040770505640grants & community leadershipCA501(c)(3)Line 11a, I0silicon Valley Community Foundation
Raising a Reader
2440 West El Camino Real 300mountain ViewCA94040943390149grants & community leadershipCA501(c)(3)Line 11a, I0silicon Valley Community Foundation
The Real Estate Trust
2440 West El Camino Real 300mountain ViewCA94040043701887grants & community leadershipCA501(c)(3)Line 11a, I0silicon Valley Community Foundation
Reddere foundation
2440 West El Camino Real 300mountain ViewCA94040770557056grants & community leadershipCA501(c)(3)Line 11a, I0silicon Valley Community Foundation
Skoll Fund
2440 West El Camino Real 300mountain ViewCA94040770528216grants & community leadershipCA501(c)(3)Line 11a, I0silicon Valley Community Foundation
The Sobrato Foundation
2440 West El Camino Real 300mountain ViewCA94040800091312grants & community leadershipCA501(c)(3)Line 11a, I0silicon Valley Community Foundation
Star Hill fund
2440 West El Camino Real 300mountain ViewCA94040943338689grants & community leadershipCA501(c)(3)Line 11a, I0silicon Valley Community Foundation
Good Ventures
2440 West El Camino Real 300mountain ViewCA94040452757586grants & community leadershipCA501(c)(3)Line 11a, I0silicon Valley Community Foundation
Chong-Moon Lee foundation
2440 West El Camino Real 300mountain ViewCA94040770414442grants & community leadershipCA501(c)(3)Line 11a, I0silicon Valley Community Foundation
Intervalien Foundation
2440 West El Camino Real 300mountain ViewCA94040900899545grants & community leadershipCA501(c)(3)Line 11a, I0silicon Valley Community Foundation
Starup Education
2440 West El Camino Real 300mountain ViewCA94040273533876Grants and EducationCA501(c)(3)Line 11a, I0silicon Valley Community Foundation
Enterpreneurs' Foundation
2440 West El Camino Real 300mountain ViewCA94040943267369grants & community leadershipCA501(c)(3)Line 11a, I0silicon Valley Community Foundation
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule R Part II Related Tax-Exempt OrganizationsFormAndLineReferenceDesc
ExplanationFrom 2013 through May 31, 2015, the Organization was a supporting organization of Silicon Valley Community Foundation (the "Community Foundation"). Effective June 1, 2015, the Organization was spun out of the Community Foundation and support services from the Community Foundation ceased.ExplanationTxt

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