Nonprofit screen
Screen a listPrep for Prep
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$11Mrevenue
FY2025 · +5% in 3 yrs225staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−38.4%
Months of reserve2.6mo
Revenue growth (annualized)−4.0%
Middle half of peersMedianPrep for Prep
Where the money goes FY2025 · $15M spent
Programs$13M83%Management and general$2.2M14%Fundraising$506k3%990 FY2025 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$1.1M in FY2024 and −$4.3M in FY2025. Cash covers 2.6 months, under the peer median of 3.3.
990 Part I and balance sheetIn its favor1
Strong governance
79 of 79 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VI332funders
$5.5Ma year, last 3 years
9%from its largest funder
Funder’17’18’19’20’21’22’23The Margaret and Daniel Loeb FoundationOn and off$550k$550k$600k$600k$600k$200kThe Bok Family FoundationEvery year since FY2017$300k$392k$258k$300k$300k$300k$25kWachtell Lipton Rosen & Katz FoundationSince FY2020$375k$375k$350k$400kFreedom Together FoundationEvery year since FY2017$200k$200k$200k$200k$200k$200k$200kDaniel M Neidich & Brooke Garber FoundationOn and off$206k$206k$206k$203k$203k$200kThe Bloomberg Family Foundation IncStopped after FY2022$350k$450k–Donor-advised giftsDonors not disclosed$410k$1.0M$1.6M$981k$1.4M$1.7M$2.3M276 other fundersUp to $300k a year each$1.0M$1.5M$1.3M$1.7M$1.9M$2.0M$2.2M
FundedThrough a donor-advised fundStopped