2016-11-10T10:52:41-06:00 2016-06-30 131655065 LUTZ AND CARR CPAS LLP 300 EAST 42ND STREET NEW YORK NY 10017 990 2015-07-01 134129457 DONORSCHOOSEORG DONO 2122393615 134 WEST 37TH STREET - 11 FL NEW YORK NY 10018 ANDY KAPLAN CHIEF FINANCIAL OFFICER 2122393615 2016-11-08 1 FREDERICK MARTENS P00298107 2126972299 2015 2017-02-10 21:41:12Z CHARLES BEST 134 WEST 37TH STREET - 11 FL NEW YORK NY 10018 108941322 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 13 166 271 0 0 77378201 107473914 0 0 170563 116461 0 0 77548764 107590375 0 0 0 0 7128375 8756340 0 0 4200623 70745453 91837097 77873828 100593437 -325064 6996938 35519312 43116641 1200811 1929360 34318501 41187281 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 95527760 CLASSROOM PROJECT FULFILLMENT:DURING FISCAL YEAR 2016, OUR DONORS HAVE PROVIDED $107.4 MILLION TO FUND 158,787 CLASSROOM PROJECTS, BENEFITTING APPROXIMATELY 4.8 MILLION STUDENTS. 95527760 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 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 88 0 1 166 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 CHIEF EXECUTIVE OFFICER 40.00 X 323551 0 39881 CESAR BOCANEGRA CHIEF OPERATING OFFICER 40.00 X 216440 0 39594 OLIVER HURST-HILLER CHIEF TECHNOLOGY OFFICER 40.00 X 224900 0 40372 MISSY SHERBURNE TO APRIL 2016 CHIEF PARTNERSHIPS OFFICER 40.00 X 181002 0 40564 ANDY KAPLAN CHIEF FINANCIAL OFFICER 40.00 X 168630 0 27476 KATIE BISBEE CHIEF MARKETING OFFICER 40.00 X 212465 0 20012 CAROLINA MARTIN SENIOR VP, BUSINESS DEVELOPMENT 40.00 X 196597 0 34752 DANIEL BETZ DESIGN DIRECTOR 40.00 X 159440 0 35640 JOHN CIARDULLO DIRECTOR OF ENGINEERING 40.00 X 134102 0 37934 DAVID CRANE DIRECTOR OF ENGINEERING 40.00 X 145500 0 16335 NANCY MOND PRINCIPAL SOFTWARE ENGINEER 40.00 X 132940 0 31948 2095567 0 364508 18 0 1 0 0 107473914 772167 107473914 127920 127920 1339488 1350947 -11459 -11459 -11459 107590375 0 0 116461 X 1684786 695837 295582 693367 5357515 3164396 221587 1971532 168115 93944 5405 68766 947364 501873 58436 387055 598560 315437 45343 237780 9520 9520 37146 37146 40238 40238 101872 59467 16654 25751 108054 108054 345789 239330 15537 90922 735655 735655 620797 374418 32980 213399 247590 53042 42063 152485 1585886 1449795 18217 117874 11128 11128 CLASSROOM MATERIALS 86624545 86624545 CREDIT CARD FEES 962483 962483 THANK YOU PACKAGE 257538 257538 GIFT CARD PRODUCTION 133638 133638 15218 15218 100593437 95527760 865054 4200623 6654029 6481150 12277014 17811812 5492467 7188922 228735 323678 5881583 2583120 2851716 3298463 2946093 3002551 4885667 4780815 183591 229250 35519312 43116641 1200811 1929360 1200811 1929360 X 19846288 24451872 14472213 16735409 34318501 41187281 35519312 43116641 6996938 -128158 0 X 0 1 X 1 0 X 41145968 52474931 60854821 77378201 107473914 339327835 41145968 52474931 60854821 77378201 107473914 339327835 36257706 303070129 61576 66382 68325 166706 127920 490909 339818744 0.89190 0.89190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1472854 317206 1155648 278601 272420 6181 4130128 1993494 2136634 3298463 INVESTMENT FUND - GLOBAL EQUITIES 1339494 F INVESTMENT FUND - FIXED INCOME 1229321 F ALTERNATIVE INVESTMENT - ABSOLUTE RETURN 2190086 F CASH HELD FOR INVESTMENT 21914 F 4780815 107588166 -128158 125949 -2209 107590375 0 107590375 100719386 125949 125949 100593437 0 100593437 X X X X 0 0 0 1 0 0 0 0 0 CHARLES BEST CHIEF EXECUTIVE OFFICER 208551 0 115000 0 0 0 10500 0 29381 0 363432 0 0 0 CESAR BOCANEGRA CHIEF OPERATING OFFICER 196440 0 20000 0 0 0 9875 0 29719 0 256034 0 0 0 OLIVER HURST-HILLER CHIEF TECHNOLOGY OFFICER 201900 0 23000 0 0 0 7167 0 33205 0 265272 0 0 0 MISSY SHERBURNE TO APRIL 2016 CHIEF PARTNERSHIPS OFFICER 143687 0 37315 0 0 0 7459 0 33105 0 221566 0 0 0 ANDY KAPLAN CHIEF FINANCIAL OFFICER 163630 0 5000 0 0 0 8313 0 19163 0 196106 0 0 0 KATIE BISBEE CHIEF MARKETING OFFICER 188090 0 24375 0 0 0 9438 0 10574 0 232477 0 0 0 CAROLINA MARTIN SENIOR VP, BUSINESS DEVELOPMENT 152125 0 44472 0 0 0 7606 0 27146 0 231349 0 0 0 DANIEL BETZ DESIGN DIRECTOR 159440 0 0 0 0 0 7975 0 27665 0 195080 0 0 0 JOHN CIARDULLO DIRECTOR OF ENGINEERING 126102 0 8000 0 0 0 6440 0 31494 0 172036 0 0 0 DAVID CRANE DIRECTOR OF ENGINEERING 137500 0 8000 0 0 0 6875 0 9460 0 161835 0 0 0 NANCY MOND PRINCIPAL SOFTWARE ENGINEER 124940 0 8000 0 0 0 5783 0 26165 0 164888 0 0 0 PART I, LINE 5 CERTAIN EMPLOYEES, WHO PLAY A DIRECT ROLE IN WORKING WITH DONORS, HAVE INCENTIVE COMPENSATION PLANS THAT PAY OUT, IN PART, BASED UPON CONTRIBUTIONS TO THE ORGANIZATION. X 16 686335 SALES PROCEEDS X LEASEHOLD/EQUIPMENT 2 85832 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. WE ESTIMATE THAT 33,800 HOURS OF VOLUNTEER TIME WERE PROVIDED IN FISCAL YEAR 2016. FORM 990, PART I, LINE 5 DONORSCHOOSE.ORG EMPLOYED 166 PERSONS DURING CALENDAR YEAR 2015. MANY OF THESE INDIVIDUALS WERE EITHER SEASONAL OR TEMPORARY WORKERS. AT JUNE 30, 2016, THE FULL TIME EQUIVALENT STAFF WAS 79. FORM 990, PART VI, SECTION B, LINE 11 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 BASE SALARY, BONUS TARGETS, AND ON THE CRITERIA FOR AWARDING BONUSES TO THE CHIEF EXECUTIVE OFFICER AND HIS DIRECT REPORTS. THIS PROCESS WAS LAST COMPLETED IN 2016 TO SET COMPENSATION FOR THE YEAR ENDING JUNE 30, 2017. 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.