The Fund For The School District Of Philadelphia
Philadelphia School District Fund maintains strong assets despite fluctuating revenues and occasional operating deficits.
EIN: 200153451 · Philadelphia, PA · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.8M |
| Total Expenses | $5.6M |
| Program Spending | 85% |
| Net Assets | $7.7M |
| Transparency Score | 90/100 |
Is The Fund For The School District Of Philadelphia Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Fund For The School District Of Philadelphia directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Fund For The School District Of Philadelphia
The Fund For The School District Of Philadelphia (EIN: 200153451) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code T30. The organization reported total revenue of $6.8M and total assets of $8.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Fund For The School District Of Philadelphia's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Fund For The School District Of Philadelphia is a mid-size nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 29.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.5M |
| Total Expenses | $5.6M |
| Surplus / Deficit | $-1,106,459 |
| Total Assets | $8.5M |
| Total Liabilities | $770K |
| Net Assets | $7.7M |
| Operating Margin | -24.7% |
| Debt-to-Asset Ratio | 9.1% |
| Months of Reserves | 18.3 months |
Financial Health Grade: B
In 2023, The Fund For The School District Of Philadelphia reported a deficit of $1.1M with expenses exceeding revenue, holds 18.3 months of operating reserves (strong position), has a debt-to-asset ratio of 9.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Fund For The School District Of Philadelphia's revenue has grown at a compound annual growth rate (CAGR) of 29.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.2% | -2.4% | -6.9% |
| 2022 | -17.2% | +23.8% | -3.5% |
| 2021 | -46.8% | -56.6% | +23.8% |
| 2020 | +97.1% | +285.0% | +21.0% |
| 2019 | +110.9% | -28.0% | +114.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Fund For The School District Of Philadelphia with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, The Fund For The School District Of Philadelphia allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly commendable for directing funds to programs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of The Fund For The School District Of Philadelphia's IRS 990 filings:
- Inconsistent revenue, with a notable decline from $11,950,754 in 2020 to $4,471,465 in 2023.
- Expenses exceeded revenue in multiple recent periods (e.g., 2023: $5,577,924 expenses vs. $4,471,465 revenue; 2022: $5,714,893 expenses vs. $5,270,828 revenue), which could impact long-term operating stability if not managed.
Strengths
The following positive indicators were identified for The Fund For The School District Of Philadelphia:
- Consistently reports 0% officer compensation, indicating high efficiency in directing funds to programs.
- Strong asset base, with $8,588,232 in latest assets, significantly exceeding liabilities.
- Demonstrates a commitment to its mission through efficient spending, with a high estimated program spending ratio.
- Long filing history (13 filings) indicates sustained operation and transparency.
Frequently Asked Questions about The Fund For The School District Of Philadelphia
Is The Fund For The School District Of Philadelphia a legitimate charity?
The Fund For The School District Of Philadelphia (EIN: 200153451) is a registered tax-exempt nonprofit based in Pennsylvania. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $6.8M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does The Fund For The School District Of Philadelphia spend its money?
The Fund For The School District Of Philadelphia directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The Fund For The School District Of Philadelphia tax-deductible?
The Fund For The School District Of Philadelphia is registered as a tax-exempt nonprofit (EIN: 200153451). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Fund For The School District Of Philadelphia's spending goes to programs?
The Fund For The School District Of Philadelphia directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Fund For The School District Of Philadelphia compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), The Fund For The School District Of Philadelphia is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Fund For The School District Of Philadelphia located?
The Fund For The School District Of Philadelphia is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 200153451. It is classified under NTEE code T30.
How many years of IRS 990 filings does The Fund For The School District Of Philadelphia have?
The Fund For The School District Of Philadelphia has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $6.8M in total revenue.
Is The Fund For The School District Of Philadelphia a good charity?
Based on the available data, the organization appears to be a good charity. It consistently reports 0% officer compensation, indicating a strong commitment to program spending. While revenue and expenses fluctuate, its asset base remains robust, and it generally maintains a healthy financial position.
How has the organization's revenue trended over the past few years?
The organization's revenue has shown significant fluctuation. It peaked at $11,950,754 in 2020, then decreased to $6,362,097 in 2021, $5,270,828 in 2022, and $4,471,465 in 2023.
Does the organization have sufficient assets to cover its liabilities?
Yes, the organization consistently holds significantly more assets than liabilities. For example, in 2023, assets were $8,508,049 against liabilities of $770,469, demonstrating strong financial solvency.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, indicating that no compensation is paid to its officers, which is a strong positive for resource allocation to its mission.
Filing History
IRS 990 filing history for The Fund For The School District Of Philadelphia showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Fund For The School District Of Philadelphia's revenue has grown by 2074.1%, moving from $206K to $4.5M. Total assets increased by 678.7% over the same period, from $1.1M to $8.5M. Total functional expenses rose by 943.9%, from $534K to $5.6M. In its most recent filing year (2023), The Fund For The School District Of Philadelphia reported a deficit of $1.1M, with expenses exceeding revenue. The organization holds $770K in liabilities against $8.5M in assets (debt-to-asset ratio: 9.1%), resulting in net assets of $7.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.5M | $5.6M | $8.5M | $770K | — | View 990 |
| 2022 | $5.3M | $5.7M | $9.1M | $341K | — | View 990 |
| 2021 | $6.4M | $4.6M | $9.5M | $158K | — | — |
| 2020 | $12.0M | $10.6M | $7.6M | $199K | — | View 990 |
| 2019 | $6.1M | $2.8M | $6.3M | $198K | — | View 990 |
| 2018 | $2.9M | $3.8M | $2.9M | $130K | — | View 990 |
| 2017 | $4.8M | $5.5M | $4.3M | $566K | — | View 990 |
| 2016 | $4.7M | $3.2M | $5.2M | $731K | — | View 990 |
| 2015 | $3.3M | $3.4M | $5.0M | $2.0M | — | View 990 |
| 2014 | $3.3M | $1.1M | $3.5M | $424K | — | View 990 |
| 2013 | $197K | $270K | $827K | $8K | — | View 990 |
| 2012 | $241K | $448K | $876K | $7K | — | View 990 |
| 2011 | $206K | $534K | $1.1M | $16K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.5M, expenses of $5.6M, and assets of $8.5M (revenue -15.2% year-over-year).
- 2022: Revenue of $5.3M, expenses of $5.7M, and assets of $9.1M (revenue -17.2% year-over-year).
- 2021: Revenue of $6.4M, expenses of $4.6M, and assets of $9.5M (revenue -46.8% year-over-year).
- 2020: Revenue of $12.0M, expenses of $10.6M, and assets of $7.6M (revenue +97.1% year-over-year).
- 2019: Revenue of $6.1M, expenses of $2.8M, and assets of $6.3M (revenue +110.9% year-over-year).
- 2018: Revenue of $2.9M, expenses of $3.8M, and assets of $2.9M (revenue -40.1% year-over-year).
- 2017: Revenue of $4.8M, expenses of $5.5M, and assets of $4.3M (revenue +2.8% year-over-year).
- 2016: Revenue of $4.7M, expenses of $3.2M, and assets of $5.2M (revenue +39.6% year-over-year).
- 2015: Revenue of $3.3M, expenses of $3.4M, and assets of $5.0M (revenue +2.0% year-over-year).
- 2014: Revenue of $3.3M, expenses of $1.1M, and assets of $3.5M (revenue +1563.0% year-over-year).
- 2013: Revenue of $197K, expenses of $270K, and assets of $827K (revenue -18.1% year-over-year).
- 2012: Revenue of $241K, expenses of $448K, and assets of $876K (revenue +17.0% year-over-year).
- 2011: Revenue of $206K, expenses of $534K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Fund For The School District Of Philadelphia:
Data Sources and Methodology
This transparency report for The Fund For The School District Of Philadelphia is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.