THE SCHOTT FOUNDATION FOR PUBLIC E… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

JOHN H JACKSON

Phone

6178372488

Tax Period

2023-07-01 to 2024-06-30

THE SCHOTT FOUNDATION FOR PUBLIC EDUCATION, founded in 1999, is a community nonprofit in the Education sector that reported $7.4M in total revenue in fiscal year 2023. Revenue surged 84% from the prior year, signaling strong growth momentum. Net assets of $19.3M represent 31 months of operating reserves.

Mission

THE PURPOSE OF THE CORPORATION IS TO ENGAGE IN THE FOLLOWING ACTIVITIES: (1) TO OPERATE EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES UNDER CODE SECTION 501(C)(3), (2) TO DEVELOP AND STRENGTHEN A BROAD-BASED AND REPRESENTATIVE MOVEMENT TO ACHIEVE FULLY RESOURCED, QUALITY PRE K-12 PUBLIC EDUCATION, AND (3) TO ENGAGE IN ANY AND ALL OTHER LAWFUL ACTIVITIES INCIDENTAL TO AND IN PURSUIT OF THE FOREGOING PURPOSES, EXCEPT AS SPECIFICALLY RESTRICTED BY THE ARTICLES OF ORGANIZATION.

Program Service Accomplishments

Program 1

Expenses: $3,444,769

OPPORTUNITY TO LEARN - THE OPPORTUNITY TO LEARN PHILANTHROPIC STRATEGY IS AN EFFORT TO INCREASE RESOURCE ACCOUNTABILITY AND ENSURE THAT RACE IS NO LONGER A SIGNIFICANT PREDICTOR OF EDUCATIONAL...

OPPORTUNITY TO LEARN - THE OPPORTUNITY TO LEARN PHILANTHROPIC STRATEGY IS AN EFFORT TO INCREASE RESOURCE ACCOUNTABILITY AND ENSURE THAT RACE IS NO LONGER A SIGNIFICANT PREDICTOR OF EDUCATIONAL RESOURCE ACCESS OR OUTCOMES. SCHOTT WILL BUILD THE CAPACITY OF THE EDUCATION JUSTICE MOVEMENT TO ACCOMPLISH THESE OBJECTIVES THROUGH INCREASING PHILANTHROPIC RESOURCES TO THE OPPORTUNITY TO LEARN NETWORK, AND PROVIDING ADVOCACY AND OPERATIONS TECHNICAL ASSISTANCE TO NATIONAL EDUCATION JUSTICE NETWORKS.

Program 2

Expenses: $911,378

LOVING CITIES INDEX PROVIDES A FRAMEWORK INCLUDING EDUCATION, HEALTH, SAFETY, SCHOOL CLIMATE, COMMUNITY POWER, ETC. TO EQUIP PARENTS, STUDENTS AND PUBLIC SCHOOL SYSTEMS TO CREATE HEALTHY COMMUNITY...

LOVING CITIES INDEX PROVIDES A FRAMEWORK INCLUDING EDUCATION, HEALTH, SAFETY, SCHOOL CLIMATE, COMMUNITY POWER, ETC. TO EQUIP PARENTS, STUDENTS AND PUBLIC SCHOOL SYSTEMS TO CREATE HEALTHY COMMUNITY CLIMATES THAT ARE JUST AND FAIR. THE OBJECTIVES OF THE LOVING CITIES INDEX INITIATIVE ARE THREE-FOLD: 1) ASSESS COMMUNITIES' CROSS-CUTTING CAPACITY TO MEET THE WHOLE CHILD NEEDS, 2) PROVIDE RECOMMENDATIONS AND PRESCRIPTIONS FOR NEEDED SUPPORTS, AND 3) SUPPORT THE COMMUNITY ACTIONS AND PARTNERSHIPS THAT HAVE PROVEN TO LEAD TO SUSTAINABLE SYSTEMIC CHANGE. MORE THAN 25 CITIES AND COMMUNITIES ACROSS THE NATION WILL BE ENGAGED IN THE LOVING CITIES INDEX INITIATIVE.

Program 3

Expenses: $641,073

SCHOTT FOUNDATION SERVES AS THE FISCAL SPONSOR TO TWO NATIONAL EDUCATION JUSTICE ORGANIZATIONS AS PART OF THE PACKAGE OF RESOURCE SUPPORTS PROVIDED BY SCHOTT TO OUR COMMUNITY PARTNERS ALIGNED WITH...

SCHOTT FOUNDATION SERVES AS THE FISCAL SPONSOR TO TWO NATIONAL EDUCATION JUSTICE ORGANIZATIONS AS PART OF THE PACKAGE OF RESOURCE SUPPORTS PROVIDED BY SCHOTT TO OUR COMMUNITY PARTNERS ALIGNED WITH OUR WORK ON EDUCATION JUSTICE. SCHOTT SERVES AS THE LEGAL ENTITY FOR THESE ORGANIZATIONS AND PROVIDES ACCOUNTING, MANAGEMENT, TECHNICAL ASSISTANCE, LEADERSHIP DEVELOPMENT, AND OTHER ADMINISTRATIVE SERVICES WHILE VESTING DECISION-MAKING AUTHORITY WITHIN THE ORGANIZATIONS THEMSELVES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $7,055,275

Program Service Revenue $0

Investment Income $369,859

Other Revenue $5,697

TOTAL REVENUE $7,430,831

Expense Breakdown

Grants Paid $2,975,332

Salaries & Benefits $3,597,028

Fundraising Expenses $1,270,690

Program Expenses $4,997,220

Other Expenses $1,430,161

TOTAL EXPENSES $8,002,521

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,430,831	$4,047,932	+0.8%
Expenses	$8,002,521	$7,186,142	+0.1%
Net Income	$-571,690	$-3,138,210	-0.8%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✓ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$1,165,317

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALANDRA WASHINGTON	CHAIR	1.00	Officer Director	$0	$0	$0
MARK PALEY	TREASURER	1.00	Officer Director	$0	$0	$0
KYLE SERRETTE	VICE CHAIR	1.00	Officer Director	$0	$0	$0
VALERIA DO VALE	CLERK	1.00	Officer Director	$0	$0	$0
CAROLINA ESPINAL	BOARD DIRECTOR	1.00	Director	$0	$0	$0
JULIAN VASQUEZ HEILIG	BOARD DIRECTOR	1.00	Director	$0	$0	$0
SUSAN TAYLOR BATTEN	BOARD DIRECTOR	1.00	Director	$0	$0	$0
TOMEKA HART WIGGINTON	BOARD DIRECTOR	1.00	Director	$0	$0	$0
CARLOS ROJAS ALVAREZ	BOARD DIRECTOR	1.00	Director	$0	$0	$0
DORIAN BURTON	BOARD DIRECTOR	1.00	Director	$0	$0	$0
ZAKIYAH SHAAKIR-ANSARI	BOARD DIRECTOR	1.00	Director	$0	$0	$0
KENNETH JONES	BOARD DIRECTOR	1.00	Director	$0	$0	$0
NAYAHRA RESENDE	BOARD DIRECTOR	1.00	Director	$0	$0	$0
MARC PHILPART	BOARD DIRECTOR	1.00	Director	$0	$0	$0
JOHN H JACKSON	PRESIDENT AND CEO	39.00	Officer	$451,900	$39,231	$491,131
DIANA TATE VERMEIRE	SENIOR VP OF STRATEGY	40.00	Officer	$258,848	$28,272	$287,120
LAUREN HADI	SVP OF ADVANCEMENT (UNTIL 4/14/24)	40.00	Officer	$192,175	$18,831	$211,006
JUONTEL WHITE	SENIOR VP OF PROGRAMS AND ADVOCACY	40.00	Officer	$157,790	$18,270	$176,060
MICHAEL S WOTORSON	DIR. NAT'L OTL NETWORK	40.00	Highest	$141,508	$17,487	$158,995
MELISSA DAAR CARVAJAL	COMMUNICATIONS DIRECTOR	40.00	Highest	$154,136	$1,952	$156,088
DIALLO BROOKS	SENIOR VP OF PROGRAMS AND ADVOCACY	40.00	Highest	$153,867	$16,945	$170,812
DIEGO ALVAREZ PADILLA	DIRECTOR OF FINANCE AND OPERATIONS	40.00	Highest	$143,969	$15,620	$159,589
CARL MICHAEL WOODWARD	REGIONAL PROGRAM OFFICER, SOUTH	40.00	Highest	$121,118	$7,657	$128,775

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$7,430,831	$8,002,521	$20,248,223	$-571,690
2023	$4,047,932	$7,186,142	$20,411,138	$-3,138,210
2022	$13,718,931	$6,046,847	$22,732,419	$7,672,084
2021	$12,715,435	$4,071,970	$15,969,642	$8,643,465
2020	$4,383,355	$3,473,425	$7,733,688	$909,930
2019	$2,487,490	$3,943,793	$6,505,240	$-1,456,303
2018	$4,944,839	$5,418,550	$8,079,466	$-473,711

THE SCHOTT FOUNDATION FOR PUBLIC EDUCATION