School Factory Inc

Nonprofit profile at a glance

EIN
200422699
IRS 990-EZ coverage
2010–2017
Forms available
Form 990 2016, Form 990-EZ 2017, Form 990-N 2015
Location
Milwaukee, WI, USA
Phone
4146409900
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Research Institutes and/or Public Policy Analysis

Official website

Reported finances

Revenue
$195,146
Expenses
$247,632
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

6 people listed

People named in this filing

  • JAMES CARLSON (co-director)
  • SHARON LESHNER (Secretary)
  • SCOTT HILL (Treasurer)

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 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We help hands-on learning communities start, grow, and thrive. Through services including fiscal sponsorship, program hosting, and consulting, we fill in the gaps to make programs stronger and more stable. We focus on working with groups whose programmatic activities emphasize STEM/STEAM learning, creativity, self management, and/or social skills.

What it reported doing in 2017

Bridge Foundry, which was our largest Model A fiscally sponsored program, continued to support a large network of tech training workshops and other efforts to increase diversity in the technology industry. We supported the transition of their infrastructure to their new independent 501c3 nonprofit in late 2017.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Hybrid. The nonprofit split its reported program spending across 46% for direct work, and 54% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 97
  • Transparency & Controls: 75
  • Sustainability: 10
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 91.4%; rating input score 91

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 2nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -26.9%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings

Growth

  • Program expense growth: 41.9% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: 3.5% per year; rating input score 100; 44th percentile among comparable filings
  • Asset growth: 3.3% per year; rating input score 100; 41st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 91.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $226K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2010 to 2017
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Related organizations: 6 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 4/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.