Nonprofit screen
Screen a listProject on Predatory Student Lending
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
- Registered
- Charity type
- 509(a)(1)
$5.9Mrevenue
FY202414staff
3 of 3years filed
’22’23’24
Revenue and spendingRevenueSpending
Against similar nonprofits FY2024
Operating margin56.5%
Months of reserve20.7mo
Revenue growth (annualized)+66.8%
Middle half of peersMedianProject on Predatory Student Lending
Where the money goes FY2024 · $2.6M spent
Programs$2.1M80%Management and general$441k17%Fundraising$65k3%990 FY2024 · Part IX line 25
Nothing to check in the filings
In its favor2
Strong governance
6 of 7 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 67% a year since FY2022, in the top quarter of similar nonprofits.
990 Part I · peer cohort11funders
$1.4Ma year, last 2 years
74%from its largest funder
Funder’22’23Laura and John Arnold FoundationEvery year since FY2022$600k$1.5MThe Kresge FoundationNew in FY2023$175kThe Joyce FoundationEvery year since FY2022$100k$70kWellspring Philanthropic Fund IncNew in FY2023$150kSelect Equity Group FoundationEvery year since FY2022$53k$48kDonor-advised giftsDonors not disclosed$150k
FundedThrough a donor-advised fund