School The World, operating under the name The Giving Project, is located in Boston, MA. The organization was established in 2009. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Giving Project employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Giving Project is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Giving Project generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $2.5m during the year ending 12/2023. While expenses have increased by 14.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SCHOOL THE WORLD IS COMMITTED TO SOLVING EXTREME POVERTY THROUGH THE POWER OF EDUCATION. USING A GRASSROOTS MODEL, WE UNITE COMMUNITY LEADERS, PARENTS, AND TEACHERS TO COMBAT FAILING SCHOOL SYSTEMS, IMPROVE LEARNING OUTCOMES, AND DISRUPT GENERATIONAL POVERTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE OBJECTIVE OF SCHOOL THE WORLD'S SUCCESSFUL RETURN TO SCHOOL / TUTORING PROGRAM IN 2023 WAS TO CONTINUE TO MITIGATE THE LEARNING LOSS CAUSED BY MULTI-YEAR PANDEMIC SCHOOL CLOSURES. WHEN STUDENTS RETURNED TO SCHOOL IN 2022, THE LEARNING LOSS WAS EXTENSIVE. 6TH GRADERS NOT UNDERSTANDING A SIMPLE TEXT OR BEING ABLE TO ADD TWO NUMBERS TOGETHER, 4TH GRADERS NOT ABLE TO IDENTIFY NUMBERS, AND SO ON. OVER TWO YEARS, SCHOOL THE WORLD HIRED, TRAINED AND SUPERVISED 78 TEACHER AIDES TO TUTOR OVER 4,700 STUDENTS WITH 65 SCHOOLS IN GUATEMALA, HONDURAS AND PANAMA. STUDENTS WERE EVALUATED AND GROUPED ACCORDING TO LEARNING LEVEL, PROVIDED WITH 4 HOURS OF SMALL GROUP TUTORING IN READING AND MATH PER WEEK, AND RE-EVALUATED EVERY TWO WEEKS TO BE RE-GROUPED ACCORDING TO IMPROVED LEARNING LEVELS. THE RESULTS INDICATE SIGNIFICANT IMPROVEMENTS IN LEARNING LEVELS AND STUDENTS ACHIEVING FUNCTIONAL LITERACY LEVELS. PROGRAM EXPENSES RELATED TO TUTORING ARE RECOGNIZED WITHIN SCHOOL RESOURCES AND STUDENT SUPPORT.
ADDITIONAL PROGRAMMATIC EXPENDITURES FOR SCHOOL THE WORLD INCLUDE RESOURCES FOR DEVELOPMENT AND IMPLEMENTATION OF OUR SCHOLARSHIP & ALTERNATIVE LEARNING PROGRAM, EARLY CHILDHOOD PROGRAM, PILOT TABLET PROGRAM AND ALL OTHER EXPENDITURES DIRECTLY RELATED TO OUR PROGRAM SERVICES WITHIN GUATEMALA, HONDURAS AND NORTHERN PANAMA.
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
SCHOOL THE WORLD'S CONSTRUCTION AND INFRASTRUCTURE COMMITMENTS ARE A KEY COMPONENT OF THE ORGANIZATION'S STRATEGIC PARTNERSHIPS WITH LOCAL GOVERNMENTS AND COMMUNITIES IN GUATEMALA, HONDURAS AND PANAMA. LOCAL GOVERNMENT OFFICIALS TYPICALLY FUND 50% OF THE CONSTRUCTION COSTS WITH SCHOOL THE WORLD (INDIVIDUAL DONORS, FOUNDATIONS, SERVICE PROGRAM) FUNDING THE REMAINING 50%. THE LOCAL COMMUNITY PROVIDES THE LAND TO BUILD CLASSROOMS, PLAYGROUNDS, BATHROOMS AND/OR HANDWASHING STATIONS AS WELL AS DONATES LABOR TO ASSIST IN THE CONSTRUCTION. SCHOOL THE WORLD BUILT 13 SCHOOLS AND 7 PLAYGROUNDS IN 2023 - TOTALING 131 SCHOOLS AND 68 PLAYGROUNDS IN GUATEMALA, HONDURAS AND PANAMA SINCE INCEPTION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mary Kate Curran Founder & CEO | Officer | 60 | $170,000 |
Cynthia Clemson Board Chair | OfficerTrustee | 1 | $0 |
Joseph Cronin Finance Chair | OfficerTrustee | 1 | $0 |
James Pelusi Board Member | Trustee | 1 | $0 |
Keith Clausen Board Member | Trustee | 1 | $0 |
Meredith Massaro Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $360,780 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,853,967 |
Noncash contributions included in lines 1a–1f | $172,114 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,214,747 |
Total Program Service Revenue | $0 |
Investment income | $8,319 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$99,567 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,123,499 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $170,000 |
Compensation of current officers, directors, key employees. | $34,000 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $639,106 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $59,469 |
Payroll taxes | $67,884 |
Fees for services: Management | $0 |
Fees for services: Legal | $20,793 |
Fees for services: Accounting | $33,872 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $38,500 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $40,928 |
Advertising and promotion | $20,608 |
Office expenses | $75,510 |
Information technology | $39,915 |
Royalties | $0 |
Occupancy | $0 |
Travel | $62,006 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,161 |
Interest | $11,121 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $7,865 |
All other expenses | $85,089 |
Total functional expenses | $2,526,344 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $145,256 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $251,759 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $87,972 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $484,987 |
Accounts payable and accrued expenses | $37,119 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $344,992 |
Other liabilities | $0 |
Total liabilities | $382,111 |
Net assets without donor restrictions | $65,376 |
Net assets with donor restrictions | $37,500 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $484,987 |