GO FOR GREAT SCHOOLS INC

EIN: 832415970 501(c)(3) Education

TULSA, OK

Total Revenue
$2,440,966
Total Expenses
$2,000,851
Total Assets
$3,597,964
Net Assets
$3,597,964
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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
2018
Legal Domicile
OK
Tax Period
2023-01-01 to 2023-12-31

GO FOR GREAT SCHOOLS INC, founded in 2018, is a community nonprofit in the Education sector that reported $2.4M in total revenue in fiscal year 2023. The organization ran a surplus of $440K, a strong 18% operating margin.

Mission

TO PROVIDE ACCESS TO PROGRAMS, FUNDING AND TOOLS THAT STRENGTHEN AND ELEVATE SCHOOLS SO THEY CAN BETTER SERVE STUDENTS, FAMILIES, TEACHERS AND COMMUNITIES BY EMPOWERING CITIZENS TO INVEST AND ENGAGE IN IMPROVING EDUCATIONAL OUTCOMES.

Program Service Accomplishments

Program 1
Expenses: $1,648,766

THE GO PRIVATE SCHOOL TAX CREDIT SCHOLARSHIP FUND PROVIDES SCHOLARSHIPS TO HELP PRIVATE SCHOOL SERVE STUDENTS, FAMILIES, TEACHERS, AND COMMUNITIES PRIMARILY BY BEING MORE ACCESSIBLE TO ALL FAMILIES...

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THE GO PRIVATE SCHOOL TAX CREDIT SCHOLARSHIP FUND PROVIDES SCHOLARSHIPS TO HELP PRIVATE SCHOOL SERVE STUDENTS, FAMILIES, TEACHERS, AND COMMUNITIES PRIMARILY BY BEING MORE ACCESSIBLE TO ALL FAMILIES AND STUDENTS THAT DESIRE A PRIVATE SCHOOL EDUCATION AND TO ACHIEVE MEASURABLE POSITIVE OUTCOMES. IN CY 2023, SCHOLARSHIPS WORTH A TOTAL OF $1,637,805.00 WERE GRANTED TO STUDENTS BASED PRIMARILY ON FINANCIAL NEED.

Program 2
Expenses: $256,785

THE GO PUBLIC SCHOOL EDUCATION TAX CREDIT FUND PROVIDES INNOVATIVE EDUCATIONAL PROGRAMS AND FUNDING TO SERVE STUDENTS, FAMILIES, TEARCHERS, AND COMMUNITIES AND TO ACHIEVE MEASURABLE POSITIVE...

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THE GO PUBLIC SCHOOL EDUCATION TAX CREDIT FUND PROVIDES INNOVATIVE EDUCATIONAL PROGRAMS AND FUNDING TO SERVE STUDENTS, FAMILIES, TEARCHERS, AND COMMUNITIES AND TO ACHIEVE MEASURABLE POSITIVE EDUCATIONAL OUTCOMES. IN CY 2023, GRANTS WORTH A TOTAL OF $205,491.00 WERE MADE TO BENEFIT PUBLIC SCHOOL COMMUNITIES.

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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 $2,346,180
Program Service Revenue $0
Investment Income $94,786
Other Revenue $0
TOTAL REVENUE $2,440,966

Expense Breakdown

Grants Paid $1,843,296
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,905,551
Other Expenses $157,555
TOTAL EXPENSES $2,000,851

Year-over-Year Comparison

2023 2022 Change
Revenue $2,440,966 N/A N/A
Expenses $2,000,851 N/A N/A
Net Income $440,115 N/A N/A
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
3
Independent Members
3
Employees
N/A
Volunteers
N/A

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
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHARMIEN WATKINS TREASURER 1.00
Officer Director
$0 $0 $0
MEGAN SIMPSON PRESIDENT 1.00
Officer Director
$0 $0 $0
MARLOE SIPES VICE PRESIDENT 1.00
$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 $2,440,966 $2,000,851 $3,597,964 $440,115
2022 $1,973,908 $1,997,013 $3,170,808 $-23,105
2021 $1,756,684 $171,544 $2,563,858 $1,585,140
2020 $383,096 $65,897 $989,162 $317,199
2019 $372,586 $13,305 $570,518 $359,281
2018 $204,675 No data $204,511 No data
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