Website
Ratings & Metrics
Financial Documents
Entity | Document Type | Tax ID |
---|---|---|
DonorsChoose.org | Audited Financial Statements | 13-4129457 |
DonorsChoose.org | IRS Form 990 | 13-4129457 |
Entity: DonorsChoose.org Document Type: Audited Financial Statements Tax ID: 13-4129457 |
Entity: DonorsChoose.org Document Type: IRS Form 990 Tax ID: 13-4129457 |
Governance & Transparency
Top Salaries
Name | Title | Compensation | |
---|---|---|---|
1 | Charles Best | CEO | $384,572 |
2 | Oliver Hurst-Hiller | Chief Technology Officer | $321,453 |
3 | Katie Bisbee | Chief Marketing Officer | $312,903 |
1 Name: Charles Best Title: CEO Compensation: $384,572 |
2 Name: Oliver Hurst-Hiller Title: Chief Technology Officer Compensation: $321,453 |
3 Name: Katie Bisbee Title: Chief Marketing Officer Compensation: $312,903 |
Analysts' Notes
According to the DonorsChoose.org audit of June 30, 2021 (Note 10, Donated Services), DonorsChoose.org received in-kind donated services in fiscal 2021 on which it placed a total value of $70,959,779. Included in the total is $70,523,912 in donated public service announcements (PSAs). [Note: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found on the Our Process page.] |
According to the DonorsChoose.org audit of June 30, 2021 (Note 5b, Concentrations): "For the year ended June 30, 2021, approximately 9% of total revenue was received from one donor. For the year ended June 30, 2020, approximately 6% of total revenue was received from one donor." |
According to the DonorsChoose.org audit of June 30, 2021 (Note 13, Related Party Transaction): "The Chief Executive Officer of DonorsChoose.org has created RedPen, a Benefit Corporation. The purpose of RedPen is to create an online tool to help improve business writing. This free online tool is available at http://irregardless.ly. "RedPen is funded by proceeds earned by the Chief Executive Officer for public speaking engagements. The Chief Executive Officer has contributed to DonorsChoose.org a 20% equity interest in RedPen, which was deemed to have nominal value at the time of donation. Beginning in fiscal year 2014, RedPen began donating at least 30% of its revenue to DonorsChoose.org to fund classroom projects. A donation of $1,475 was made during the year ended June 30, 2021. No donations were made during the year ended June 30, 2020." |
According to the DonorsChoose.org audit of June 30, 2021 (Note 9, Investments): "DonorsChoose.org has committed to invest a total of $3,050,000 in limited partnerships which make periodic capital calls. As of June 30, 2021, $1,236,345 of this commitment has been invested, leaving an outstanding commitment of $1,813,655." |
According to the DonorsChoose.org audit of June 30, 2021 (Note 14, Significant Event): "In March 2020, the United States declared the global pandemic novel coronavirus COVID-19 outbreak a national emergency. As the global pandemic continued into fiscal year 2021, DonorsChoose.org launched additional initiatives to put materials in the hands of teachers and students regardless of whether schools were physically open or closed. Management continues to evaluate the potential impact of COVID-19 on DonorsChoose.org's operations." |