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California · Nonprofit

VALUE SCHOOLS FOUNDATION

VALUE SCHOOLS FOUNDATION (California) receives grants from 21 organizations whose IRS filings report $2,103,931 to it, the largest being AMERICAN ONLINE GIVING FOUNDATION INC ($522,731). 8 of them have funded it in more than one year, and 53% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$4.7M
Funders on record
21
Grants received
$2.1M
Net assets
$4.7M
8/21 repeat funderspeak grant-dependency 13%
01What it does

What Value Schools Foundation does

Mission

Value Schools Foundation facilitates the development of charter schools, to lease, own, manage, maintain and operate an educational institution, to provide charter school facilities and operations and other support to charter schools, to assist philanthropists and foundations in accelerating the growth of high quality charter schools, and to provide and otherwise obtain or assist in obtaining charter school financing.

As stated on its FY2025 Form 990.

Program

  1. The foundation supports charter schools under value schools through the purchase and ownership of school facilities, building renovations, etc.

    $4,242,053 spentof which $685,035 as grants$2,876,469 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $4,242,053.

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 ($1.9M) Expenses 100 ($1.8M) Net assets 100 ($2.8M)2018 Revenue 119 ($2.3M) Expenses 131 ($2.4M) Net assets 97 ($2.7M)2019 Revenue 144 ($2.8M) Expenses 157 ($2.9M) Net assets 94 ($2.6M)2020 Revenue 181 ($3.5M) Expenses 182 ($3.4M) Net assets 101 ($2.8M)2021 Revenue 260 ($5.1M) Expenses 182 ($3.3M) Net assets 163 ($4.5M)2022 Revenue 217 ($4.2M) Expenses 233 ($4.3M) Net assets 161 ($4.4M)2023 Revenue 240 ($4.7M) Expenses 241 ($4.4M) Net assets 170 ($4.7M)2024 Revenue 206 ($4.0M) Expenses 242 ($4.4M) Net assets 154 ($4.3M)2025 Revenue 239 ($4.7M) Expenses 231 ($4.3M) Net assets 169 ($4.7M)
'17'18'19'20'21'22'23'24'25
Revenue (239)Expenses (231)Net assets (169)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 $37M to $56M (+50%).

$26M
$25M
$25M
$26M
$36M
$37M
$56M
$55M
$55M
'17'18'19'20'21'22'23'24'25
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
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

33% of VALUE SCHOOLS FOUNDATION’s revenue is contributions — about as donation-reliant as the typical peer (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

$108k
’17
−$84k
’18
−$82k
’19
$178k
’20
$1.7M
’21
−$55k
’22
$246k
’23
−$439k
’24
$408k
’25
22
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.

Chief executive

Loreen Riley

CEO

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2017 and FY2018 filings.

'17'18'19'20'21'22'23'24'25
Listed121113131313141515
Joined·+1+4+1+0+0+1+1+1
No longer listed·22100001
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 5 funders to 7 funders, grant income rose $120k → $298k.

10 of 21 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 53% 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 VALUE SCHOOLS FOUNDATION’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.

How concentrated its funding is

VALUE SCHOOLS FOUNDATION has a broad base — no single funder exceeds 25% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

54% 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 VALUE SCHOOLS FOUNDATION.

25%
largest funder
55%
top three
~7
effective funders

Largest funder’s share by year: 2017 42% · 2018 50% · 2019 27% · 2020 37% · 2021 34% · 2022 47% · 2023 42% — broadly stable.

“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

33% of VALUE SCHOOLS FOUNDATION's funders are still giving 3 years after their first grant; 38% 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

53% of VALUE SCHOOLS 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 $999k that is directly attributable, 96% of it comes from California funders.

NY
CA

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. $1.1M arriving through sponsors registered in 9 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

VALUE SCHOOLS FOUNDATION holds deeper cash reserves than three-quarters of the 9,398 education nonprofits its size.

Operating margin9% · above the median
Months of reserve22.0mo · top quartile
Revenue growth (annualized)12% · above the median

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like VALUE SCHOOLS 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

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

11
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

51%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CA

Part of a family of 2 related entities

  • Vsf School Facilities #1 LLC · disregarded
  • Value Schools · exempt

Screen this organization

A dated, signed PDF of the compliance screen for VALUE SCHOOLS 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 VALUE SCHOOLS FOUNDATION?
VALUE SCHOOLS FOUNDATION (California) receives grants from 21 organizations whose IRS filings report $2,103,931 to it, the largest being AMERICAN ONLINE GIVING FOUNDATION INC ($522,731). 8 of them have funded it in more than one year, and 53% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does VALUE SCHOOLS FOUNDATION have?
IRS filings report 21 organizations giving $2,103,931 in grants to VALUE SCHOOLS FOUNDATION, 8 of which have funded it in more than one year.
Who is the largest funder of VALUE SCHOOLS FOUNDATION?
AMERICAN ONLINE GIVING FOUNDATION INC is the largest funder on record, with $522,731 in grants. The full list of funders is on this page.
How can an organization like VALUE SCHOOLS 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.

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 21 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