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California · Nonprofit

INNER CITY EDUCATION FOUNDATION

INNER CITY EDUCATION FOUNDATION (California) receives grants from 26 organizations whose IRS filings report $4,012,686 to it, the largest being GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC ($2,650,000). 16 of them have funded it in more than one year, and 67% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$55M
Funders on record
26
Grants received
$4.0M
Net assets
$36M
16/26 repeat funderspeak grant-dependency 3%
01What it does

What Inner City Education Foundation does

Mission

To educate and empower courageous leaders to embrace their full potential for college, career, and life by providing a community that honors each student's unique identity, fosters academic excellence, nurtures healthy minds, and inspires critical thinkers.

As stated on its FY2025 Form 990.

Program

  1. Icef public schools operates 7 charter schools that provide classroom based instruction including music and art education for students in grades tk through 12. Serving 2,056 students, icef schools are located in neighborhoods with low performing traditional schools in los angeles.

    $45,231,698 spent$97,034 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $45,231,698.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($46M) Expenses 100 ($45M) Net assets 100 ($20M)2018 Revenue 95 ($44M) Expenses 96 ($43M) Net assets 103 ($20M)2020 Revenue 63 ($29M) Expenses 75 ($34M) Net assets 91 ($18M)2021 Revenue 90 ($42M) Expenses 76 ($34M) Net assets 130 ($25M)2022 Revenue 94 ($43M) Expenses 94 ($42M) Net assets 135 ($26M)2023 Revenue 111 ($51M) Expenses 111 ($50M) Net assets 141 ($28M)2024 Revenue 120 ($56M) Expenses 118 ($53M) Net assets 155 ($30M)2025 Revenue 119 ($55M) Expenses 110 ($50M) Net assets 184 ($36M)
'17'18'20'21'22'23'24'25
Revenue (119)Expenses (110)Net assets (184)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $36M to $86M (+140%).

$25M
$26M
$25M
$33M
$36M
$86M
$85M
$87M
'17'18'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 88% · 2018 92% · 2020 116% · 2021 98% · 2022 98% · 2023 98% · 2024 97% · 2025 97%. Grants only. Government contracts and fees sit inside program revenue.

99% of INNER CITY EDUCATION FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (23% for the typical peer).

This organization
Typical peer · 4,251 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

$1.2M
’17
$651k
’18
−$4.8M
’20
$7.6M
’21
$1.1M
’22
$1.2M
’23
$2.6M
’24
$5.7M
’25
9.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Angila Romious

Chairman

As listed on its FY2025 Form 990.

'17'18'20'21'22'23'24'25
Listed1215151416161515
Joined·+4·+0+4+4+1+3
No longer listed·1·12423
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 5 funders to 8 funders, grant income rose $22k → $354k.

8 of 26 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 67% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of INNER CITY EDUCATION FOUNDATION’s funders (the co-funder graph). Top 24 of 26 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

INNER CITY EDUCATION FOUNDATION leans on a few funders — its largest provides 66% of grant income and the top three 80%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

84% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund INNER CITY EDUCATION FOUNDATION.

66%
largest funder
80%
top three
~2
effective funders

Largest funder’s share by year: 2017 47% · 2018 90% · 2019 85% · 2020 59% · 2021 51% · 2022 43% · 2023 92% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

28% of INNER CITY EDUCATION FOUNDATION's funders are still giving 3 years after their first grant; 62% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

67% of INNER CITY EDUCATION FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $1.3M that is directly attributable, 78% of it comes from California funders.

NY
WY
CA
DE
DC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
California out of state home

Funder states come from each funder’s own filing. $2.7M arriving through sponsors registered in 8 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

INNER CITY EDUCATION FOUNDATION holds deeper cash reserves than three-quarters of the 3,758 education nonprofits its size.

Operating margin10% · above the median
Months of reserve9.5mo · top quartile
Revenue growth (annualized)2% · bottom quartile

this organization peer median middle 50% of peers· 3,758 education nonprofits $10M–$100M, FY2025

Organizations like INNER CITY EDUCATION FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

91% of spending goes to programs.

Program 91%Management 9%Fundraising 0%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

CA

Part of a family of 1 related entity

  • Inner City Education Family · exempt

Screen this organization

A dated, signed PDF of the compliance screen for INNER CITY EDUCATION FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds INNER CITY EDUCATION FOUNDATION?
INNER CITY EDUCATION FOUNDATION (California) receives grants from 26 organizations whose IRS filings report $4,012,686 to it, the largest being GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC ($2,650,000). 16 of them have funded it in more than one year, and 67% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does INNER CITY EDUCATION FOUNDATION have?
IRS filings report 26 organizations giving $4,012,686 in grants to INNER CITY EDUCATION FOUNDATION, 16 of which have funded it in more than one year.
Who is the largest funder of INNER CITY EDUCATION FOUNDATION?
GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC is the largest funder on record, with $2,650,000 in grants. The full list of funders is on this page.
How can an organization like INNER CITY EDUCATION FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Inner City Education →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 26 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing