Boston Schools Fund
Nonprofit profile at a glance
- EIN
- 473093274
- IRS 990-EZ coverage
- 2014–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Chestnut Hill, MA, USA
- Phone
- 6174197100
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Education N.E.C.
Reported finances
- Revenue
- $2,588
- Expenses
- $970,534
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- WILLIAM AUSTIN (FOUNDER AND CEO)
People named in this filing
- WILLIAM AUSTIN (FOUNDER AND CEO)
- RANA KANNAN (CHIEF OPERATING OFFICER)
- KERRY DONAHUE (CHIEF STRATEGY OFFICER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Boston schools fund (bsf) is a non-profit organization that advances educational equity through opportunity and access to high-quality schools. The bsf team wakes up every day with one goal: increase the number of children in boston attending a high-quality school. We accomplish this by providing capacity and resources for high-quality schools to expand and improve; sharing data and information; collaborating with families and partners; influencing policy; and committing to values of diversity, equity, inclusion, and anti-racism in our work. We have worked closely with city and state leaders to ensure that boston advances policies which expand access to high-quality schools for historically marginalized students.
What it reported doing in 2024
School investment - includes all of bsf's financial and non-financial support of high-quality, boston based schools that serve a high proportion of economically disadvantaged students, black and/or latino students, students with disabilities, or english learners, as they plaqn for growth and execute expansion or redesign plans.
Operating model
- Revenue model
- Other-operating. 100% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 75
- Sustainability: 1
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 68.9%; rating input score 69
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 3rd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -37,401.3%; rating input score 0; 0th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 26.2%; rating input score 7; 7th percentile among comparable filings
Growth
- Program expense growth: 17.1% per year; rating input score 100; 80th percentile among comparable filings
- Revenue growth: -4.6% per year; rating input score 0; 35th percentile among comparable filings
- Asset growth: -4.2% per year; rating input score 0; 26th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 68.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $668K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 15 filed money-flow records
- Related organizations: 7 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 7/100.