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Philadelphia Schools Project

Philadelphia Schools Project

Philadelphia, PA 19106
Tax ID27-3097212

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About this organization

Revenue

$7,818,336

Expenses

$10,464,667

Website

philaschoolpartnership.org

Mission

Our vision is that every Philadelphia family has the opportunity to send their children to a great school of their choice. Our mission is to improve outcomes for low-income students and respond to the demand of families by expanding access to great schools.

About

GREAT SCHOOLS FUND: PSP makes grants to school operators to support the launch of new schools, the expansion of great schools, and the turnaround of low-performing schools. The grants help to offset startup, growth and/or transformation costs; they can be disbursed at once or across several years, but they are generally not intended to cover recurring operating expenditures. The Organization conducts extensive due diligence on grant applicants before approving grants, including examination of quantitative data on academic outcomes, analysis of student attendance, attrition, graduation and matriculation data, financial analysis, review of strategic growth plans, assessment of organizational leadership capacity, interviews with school leaders and board members, and school site visits. PSP also makes incubation grants, which are smaller grants to support leadership teams and/or partnerships engaged in strategic planning and development for a new school, an expansion or a turnaround, and technical assistance grants, which support grantees in addressing discrete challenges and opportunities.

Interesting data from their 2019 990 filing

The filing specifies the mission of the non-profit as “Psp's mission is to improve outcomes for low-income students and respond to the demand of families by expanding access to great schools. primarily, we do this by helping to increase the number of high-performing charter, district and private schools in the city of philadelphia, with an emphasis on creating opportunities for low-income students to enroll. we raise philanthropic funds and invest those funds in school operators and people that have the ability to create and maintain great schools across the city. also, we activate parents to demand great schools in their communities and facilitate the sharing of best practices amount school leaders.”.

When explaining its duties, they were described as: “To improve philadelphia's schools so that all children have access to quality education and are well positioned to succeed in life, both while in school and after school.”.

  • The state in which the non-profit is authorized to operate legally is PA.
  • According to the filing, the address of the non-profit for the year 2019 is 150 S Independence Mall West1200, Philadelphia, PA, 191063412.
  • The non-profit has reported 26 employees on their form for the year 2019.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$2,646,331.
  • The CEO compensation strategy within the organization is determined through a thorough evaluation and endorsement by an independent source.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 9 independent voting members.
  • The organization was formed in 2010.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $2,097,875 in salary, compensation, and benefits to its employees.
  • The organization pays $413,967 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

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