Schoolhouse Supplies Inc
Nonprofit profile at a glance
- EIN
- 204223437
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024
- Location
- Portland, OR, USA
- Phone
- 5032499933
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $7,170,786
- Expenses
- $5,223,748
- Assets
- $5,224,509
- Liabilities
- $22,054
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- ERIC KEYSER (PRESIDENT)
- ALICE FORBES (EXECUTIVE DIRECTOR)
Highest reported compensation
- ALICE FORBES (EXECUTIVE DIRECTOR): $117,383 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Schoolhouse supplies promotes educational equity in portland area public schools by providing free school supplies to underserved students. Our goal is to ensure that every child has access to the learning tools that allow them to achieve academic success, regardless of their family's income or racial/ethnic identity. The program delivery model achieves additional goals through community engagement and by keeping supplies out of the waste stream.
What it reported doing in 2024
The free store for teachers serves students at the most under-resourced schools in multnomah county public school districts. Teachers at eligible schools shop for free supplies for their students. Related supply drives serve students in school districts throughout Oregon and sw Washington.
Operating model
- Revenue model
- Donor-supported. 97% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 93% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 94
- Accountability: 90
- Sustainability: 69
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68.6%; rating input score 69
- Program expense ratio: 93.9%; rating input score 94
- Fundraising efficiency: $42.06 raised per $1 spent on fundraising; rating input score 76; 76th 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: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 27.2%; rating input score 83; 83rd percentile among comparable filings
- Total-asset coverage ratio: 1; rating input score 37; 37th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 89; 89th percentile among comparable filings
- Officer compensation ratio: 2.2%; rating input score 74; 74th percentile among comparable filings
Growth
- Program expense growth: 6.8% per year; rating input score 100; 50th percentile among comparable filings
- Revenue growth: 9.4% per year; rating input score 100; 66th percentile among comparable filings
- Asset growth: 18% per year; rating input score 100; 80th percentile among comparable filings
Details
- Where the money goes: 68.6% of revenue deployed · 93.9% of spending went to programs
- Governance: 8 of 8 board members independent · 6 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $4.9M in reported program spending
- Leadership: top reported pay $117K · 9 people listed
- Consistency: 33 of 33 current checks pass
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 57 filed money-flow records
- Related organizations: 56 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 37/100.