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Virginia · Nonprofit

THE KEARNS PRIZE INC

THE KEARNS PRIZE INC (Virginia) receives grants from 1 organization whose IRS filings report $540,000 to it, the largest being STRADA EDUCATION FOUNDATION INC ($540,000). 1 of them have funded it in more than one year.

Revenue FY2024
$10k
Funders on record
1
Grants received
$540k
Net assets
$166k
1/1 repeat funderspeak grant-dependency 100%
01What it does

What The Kearns Prize Inc does

Mission

The kearns prize for innovation identifies and promotes those who are bringing truly innovative solutions to education. Created to honor david t. Kearns, former ceo of xerox and former deputy secretary of education, the winner of the kearns prize will receive a large monetary award. The organization seeks to celebrate david and his work by highlighting and assisting leading innovators to advance and scale their solutions.

As stated on its FY2022 Form 990.

Program

  1. In 2024, the kearns prize worked closely with vanderbilt university and the alexander institute to create a new program called the alexander fellows program, developing a curriculum focused on civics and us history. This curriculum will be made available to public school teachers from around the country in a summer program administered by vanderbilt university. It will also involve a year-long capstone initiative, followed by a second summer session (total of 12 months.). The kearns prize team will continue to serve as advisors to the program.

    $120,000 spent

The program described on its FY2024 Form 990-PF.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 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 = 20192019 Revenue 100 ($511k) Expenses 0 ($0) Net assets 100 ($511k)2020 Revenue 4 ($22k) Expenses 100 ($29k) Net assets 99 ($504k)2021 Revenue 2 ($10k) Expenses 83 ($24k) Net assets 96 ($490k)2022 Revenue 3 ($15k) Expenses 334 ($97k) Net assets 80 ($408k)2023 Revenue 3 ($17k) Expenses 478 ($138k) Net assets 56 ($288k)2024 Revenue 2 ($10k) Expenses 453 ($131k) Net assets 33 ($166k)
201920202021202220232024
Revenue (2)Expenses (453)Net assets (33)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 2023 to 2024, from $288k to $166k (−42%).

$511k
$504k
$490k
$408k
$288k
$166k
201920202021202220232024
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.

2019
2020
2021
2022
ContributionsProgram revenueInvestmentOther

68% of THE KEARNS PRIZE INC’s revenue is contributions — more donation-reliant than the typical peer (65% for the typical peer).

This organization
Typical peer · 26,798 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 4 reported years ran a deficit.

$511k
’19
−$7k
’20
−$14k
’21
−$82k
’22
’23
’24
4.8
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.

201920202021202220232024
Listed666677
Joined·+0+0+0+1+0
No longer listed·00000
03Who funds it

Who funds it, year by year

2019 → 2022: the base held at 1 funder, grant income fell $510k → $10k.

Funder
'19
'20
'21
'22
total
funders
1
1
1
1

From the IRS filings of THE KEARNS PRIZE INC’s funders (the co-funder graph). 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.

Where its funders are

THE KEARNS PRIZE INC draws 100% of its grant income from funders outside Virginia, across 1 state in all.

IN

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

’19
’20
’21
’22
Virginia out of state home

Funder states come from each funder’s own filing. 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

THE KEARNS PRIZE INC's revenue fell 98% between 2019 and 2024.

Months of reserve4.8mo · bottom quartile
Revenue growth (annualized)−55% · bottom quartile

this organization peer median middle 50% of peers· 21,859 education nonprofits under $100k, FY2024

Organizations like THE KEARNS PRIZE INC

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 Virginia

Nationally

05Profile & governance

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

Screen this organization

A dated, signed PDF of the compliance screen for THE KEARNS PRIZE INC: 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 THE KEARNS PRIZE INC?
THE KEARNS PRIZE INC (Virginia) receives grants from 1 organization whose IRS filings report $540,000 to it, the largest being STRADA EDUCATION FOUNDATION INC ($540,000). 1 of them have funded it in more than one year.
How many funders does THE KEARNS PRIZE INC have?
IRS filings report 1 organization giving $540,000 in grants to THE KEARNS PRIZE INC, 1 of which have funded it in more than one year.
Who is the largest funder of THE KEARNS PRIZE INC?
STRADA EDUCATION FOUNDATION INC is the largest funder on record, with $540,000 in grants. The full list of funders is on this page.
How can an organization like THE KEARNS PRIZE INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. 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 Kearns Prize →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 1 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