School Fund
Nonprofit profile at a glance
- EIN
- 264134728
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024, Form 990-N 2010
- Location
- Palo Alto, CA, USA
- Phone
- 6505398731
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $176,562
- Expenses
- $151,632
- Assets
- $256,750
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- Timothy McKenna (Executive Director)
People named in this filing
- Timothy McKenna (Executive Director)
- Dan Barritt (Director)
- Mohamed O Mohamed (Director thru Nov)
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
Through the generous contributions of supporters and in collaboration with a network of education partners, The School Fund provides scholarships to high potential, economically disadvantaged students in developing countries. As a result of our work, more students are able to access and complete secondary school, leading a more educated and interconnected world.
What it reported doing in 2024
In 2024, The School Fund made grants of scholarships and educational expenses for 135 students in four developing countries that were profiled on our website.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 74% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Revenue has declined or grown slowly and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 92
- Sustainability: 64
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 62%; rating input score 62
- Program expense ratio: 72.1%; rating input score 72
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 1st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 14.1%; rating input score 66; 66th percentile among comparable filings
- Total-asset coverage ratio: 1.69; rating input score 76; 76th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 28%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -10.6% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: -2.6% per year; rating input score 0; 20th percentile among comparable filings
Details
- Where the money goes: 62% of revenue deployed · 72.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $109K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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 — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 12/100.