SCHOOL FUND

EIN: 264134728 501(c)(3) International Affairs

Palo Alto, CA

Total Revenue
$213,228
Total Expenses
$213,474
Total Assets
$231,820
Net Assets
$231,820
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
CA
Principal Officer
Kurt Davis
Phone
6505398731
Tax Period
2023-01-01 to 2023-12-31

SCHOOL FUND, founded in 2008, is a small nonprofit in the International Affairs sector that reported $213K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

Through the generous contributions of supporters and in collaboration with a network of education partners, The School Fund provides scholarships to high potential, economically disadvantaged students in developing countries. As a result of our work, more students are able to access and complete secondary school, leading a more educated and interconnected world.

Program Service Accomplishments

Program 1
Expenses: $164,513 Revenue: $0

"In 2023, The School Fund (TSF) made grants of scholarships and educational expenses for 222 needy secondary school students in seven developing countries across three continents. TSF worked with...

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"In 2023, The School Fund (TSF) made grants of scholarships and educational expenses for 222 needy secondary school students in seven developing countries across three continents. TSF worked with eleven NGO partners to identify eligible students and create a personalized profile and a detailed list of educational related expenses for each student. Funds raised via TSF to fund scholarships and school expenses are administered and delivered to the students' schools by the NGO partners. TSF continues to develop and operate its person-to-person funding website (www.theschoolfund.org) where students' profiles and funding needs are featured. The online platform allows donors to view student profiles, enables students to communicate with donors via online journals, and supports a transparent payment process in which receipts from the student's school or the NGO partner are viewable on the website.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $212,953
Program Service Revenue $0
Investment Income $275
Other Revenue $0
TOTAL REVENUE $213,228

Expense Breakdown

Grants Paid $132,462
Salaries & Benefits $55,978
Fundraising Expenses $20,440
Program Expenses $164,513
Other Expenses $25,034
TOTAL EXPENSES $213,474

Year-over-Year Comparison

2023 2022 Change
Revenue $213,228 $189,168 +0.1%
Expenses $213,474 $203,480 +0.0%
Net Income $-246 $-14,312 -1.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
1
Volunteers
9

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
4
$52,000
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Timothy McKenna Executive Director 15
Officer
$52,000 $0 $52,000
Dan Barritt Director 5
Director
$0 $0 $0
Mohamed O Mohamed Director 1
Director
$0 $0 $0
Francesca Nicoletti Director 1
Director
$0 $0 $0
Abena Nyantekyi-Owusu Director 1
Director
$0 $0 $0
Denis Severson Director 15
Director
$0 $0 $0
Maria Xenidou Director 1
Director
$0 $0 $0
Kurt Davis Treasurer 5
Officer Director
$0 $0 $0
Andrew Perrault Secretary 1
Officer Director
$0 $0 $0
Matt Severson Chair 15
Officer Director
$0 $0 $0
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
2023 $213,228 $213,474 $231,820 $-246
2022 $189,168 $203,480 $232,066 $-14,312
2021 $234,465 $274,508 $246,378 $-40,043
2020 $228,231 $219,763 $286,421 $8,468
2019 $185,709 $170,967 $277,953 $14,742
2018 $264,922 $202,212 $263,211 $62,710
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