Byerschool Foundation

What it reported doing in 2024

The byerschool foundation provides financial support, guidance and raises funds to support russell byers charter school. In addition to raising funds to support the educational work of the russell byers charter school, the byerschool foundation owns the building and is responsible for all capital repairs. We also host events such as founders day and rappelling off the building for our older students to build their confidence. We build partnerships with other organizations such as outward bound and big brothers and sisters to engage our students in supportive ways. We have provided a book of student art work focusing on philadelphia icons and we are about to publish our second edition. The russell and laurada byers opportunity fund provides grants for students to participate in out-of-school programs provided by museums, universities, camps, or nonprofit organizations. These experiences will help them "find their voice" while reinforcing academic content and limiting learning loss. Families will apply for the grants so their student(s) can attend programs this summer, during the 2023-2024 school year, and beyond.funded opportunities:" summer camps (general, specialty, or sleep-away)" summer school programs" remote online access to summer and after-school programslaurada byers "ours for life" fund for alumni and graduates provides ongoing educational achievement support for graduates of russell byers charter school. Goals include staying in touch with our graduates, learning of their successes, and supporting their continuing education. The "ours for life" fund allows us to share additional resources with these graduates as they pursue their life goals.

Financial Efficiency

• Mission deployment rate: 63.6%; rating input score 64
• Program expense ratio: 75.5%; rating input score 75
• Fundraising efficiency: $2.6 raised per $1 spent on fundraising; rating input score 7; 7th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Scored; rating input score 0

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 7 of 8 controls in place; rating input score 88
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Fail
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 18%; rating input score 75; 75th percentile among comparable filings
• Total-asset coverage ratio: 8.1; rating input score 89; 89th percentile among comparable filings
• Liabilities to assets ratio: 0.85; rating input score 9; 9th percentile among comparable filings
• Officer compensation ratio: 4.4%; rating input score 58; 58th percentile among comparable filings

Growth

• Program expense growth: 2.9% per year; rating input score 100; 27th percentile among comparable filings
• Revenue growth: 3.6% per year; rating input score 100; 31st percentile among comparable filings
• Asset growth: 4.8% per year; rating input score 100; 34th percentile among comparable filings