Families For Excellent Schools Inc
- Assets
- $10.2k
- Revenue
- $5.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 04/2012
- Data as of
- 06/2018
- EIN
- 45-2870970
Organization Overview
Families For Excellent Schools Inc is located in Wilmington, DE. The organization was established in 2012. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. Families For Excellent Schools Inc 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 06/2018, Families For Excellent Schools Inc generated $5.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (25.3%) each year. All expenses for the organization totaled $10.5m during the year ending 06/2018. 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
WORKS TO BUILD COALITIONS AND RUN CAMPAIGNS THAT CHANGE EDUCATION POLICY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FES TRAINS AND ORGANIZES PARENTS FOR SUSTAINED COMMUNITY ACTION TO INFLUENCE EDUCATION POLICY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryan Lawrence Chairman | OfficerTrustee | 1 | $0 |
Yvonne Chao Treasurer | OfficerTrustee | 1 | $0 |
Reshma Singh Chief Growth Officer | OfficerTrustee | 27 | $0 |
Katherine Cunningham Chief Operating Officer | Officer | 27 | $0 |
Richard Kwon Chief Of Staff | Officer | 27 | $0 |
Jeremiah Kittredge Chief Executive Officer | Officer | 27 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Revolution Marketing Marketing | 6/29/18 | $535,176 |
Siegel Strategies Llc Campaign Consultants | 6/29/18 | $205,844 |
Stue Loeser & Co Llc Media Consultants | 6/29/18 | $185,000 |
Charter Technology Solutions It Support | 6/29/18 | $215,203 |
Rising Tide Interactive Digital Marketing | 6/29/18 | $149,385 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,792,600 |
| Investment income | $724 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $49,010 |
| Net Gain/Loss on Asset Sales | $10,548 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,945,808 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $290,876 |
| Fees for services: Legal | $345,116 |
| Fees for services: Accounting | $28,500 |
| Fees for services: Lobbying | $9,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $785,023 |
| Advertising and promotion | $71,878 |
| Office expenses | $45,428 |
| Information technology | $58,436 |
| Royalties | $0 |
| Occupancy | $370,134 |
| Travel | $243,593 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $511,112 |
| Insurance | $57,542 |
| All other expenses | $0 |
| Total functional expenses | $10,537,801 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,176 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,176 |
| Accounts payable and accrued expenses | $1,368,738 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,368,738 |
| Net assets without donor restrictions | -$1,358,562 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | -$1,358,562 |
Grants Awarded
Over the last fiscal year, Families For Excellent Schools Inc has awarded $1,192,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
PUBLIC CHARTER SCHOOLS FOR MASS PURPOSE: Education | $1,180,000 |
Boston, MA PURPOSE: General support | $7,500 |
Troy, NY PURPOSE: general support | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Families For Excellent Schools Inc has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Silicon Valley Community Foundation Mountain View, CA PURPOSE: EDUCATION | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Achieving The Dream Inc Silver Spring, MD | $48,979,373 | $23,156,070 |
Collier Services Wickatunk, NJ | $8,471,748 | $15,685,679 |
Families For Excellent Schools Inc Wilmington, DE | $10,176 | $5,945,808 |
Ecumenical Community Hershey, PA | $4,358,759 | $9,348,993 |
American Federation For Children Growth Fund Inc Columbia, MD | $9,265,288 | $14,325,717 |
Mcelhattan Foundation Pittsburgh, PA | $120,280,311 | $4,922,440 |
Mid-Atlantic Region Commission On Higher Education Wilmington, DE | $17,355,711 | $12,036,917 |
A Wider Circle Inc Silvers Spring, MD | $9,165,754 | $9,301,796 |
Anne Arundel Community College Foundation Inc Arnold, MD | $29,078,784 | $4,871,771 |
Success For All Foundation Inc Baltimore, MD | $3,571,160 | $7,960,925 |
New Jersey Childrens Foundation Newark, NJ | $7,913,501 | $9,796,996 |
Camden Education Fund Inc Camden, NJ | $14,065,801 | $15,006,441 |