SCHOOL THE WORLD

EIN: 270176563 501(c)(3) Philanthropy & Grantmaking

Boston, MA

Total Revenue
$2,123,499
Total Expenses
$2,526,344
Total Assets
$484,987
Net Assets
$102,876
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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
2009
Legal Domicile
CT
Principal Officer
Mary Kate Curran
Phone
6178679500
Tax Period
2023-01-01 to 2023-12-31

SCHOOL THE WORLD, founded in 2009, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.1M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $2.5M exceeded revenue, resulting in a 19% operating deficit.

Mission

School the World is committed to solving extreme poverty through the power of education. Using a grassroots model, we unite community leaders, parents, and teachers to combat failing school systems, improve learning outcomes, and disrupt generational poverty.

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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 $2,214,747
Program Service Revenue $0
Investment Income $8,319
Other Revenue $-99,567
TOTAL REVENUE $2,123,499

Expense Breakdown

Grants Paid $0
Salaries & Benefits $936,459
Fundraising Expenses $67,279
Program Expenses $2,210,134
Other Expenses $1,551,385
TOTAL EXPENSES $2,526,344

Year-over-Year Comparison

2023 2022 Change
Revenue $2,123,499 $1,951,426 +0.1%
Expenses $2,526,344 $2,049,431 +0.2%
Net Income $-402,845 $-98,005 +3.1%
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

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Governance

Voting Members
11
Independent Members
10
Employees
7
Volunteers
170

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
2
$0
Total Directors
10
$0
Key Employees
1
$170,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mary Kate Curran Founder & CEO 60
Key Emp Highest
$170,000 $0 $170,000
Cynthia Clemson Board Chair 1
Officer Director
$0 $0 $0
Joseph Cronin Finance Chair 1
Officer Director
$0 $0 $0
James Pelusi Board Member 1
Director
$0 $0 $0
Keith Clausen Board Member 1
Director
$0 $0 $0
Meredith Massaro Board Member 1
Director
$0 $0 $0
Merrily Bodell Board Member 1
Director
$0 $0 $0
Andrea Hoff Board Member 1
Director
$0 $0 $0
Claudia Pinto Board Member 1
Director
$0 $0 $0
Nicole Sahin Board Member 1
Director
$0 $0 $0
Spiros Giannaros Board Member 1
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
2024 No data No data No data No data
2023 $2,123,499 $2,526,344 $484,987 $-402,845
2022 $1,951,426 $2,049,431 $674,509 $-98,005
2021 $1,425,576 $1,405,708 $776,971 $19,868
2020 $1,727,297 $1,527,170 $739,109 $200,127
2019 $2,125,678 $2,011,007 $526,990 $114,671
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