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Nonprofiteer
← 4POINT0 SCHOOLS

Form 990 for tax year 2023

Filed by 4POINT0 SCHOOLS.

Totals

Total revenue
$3,572,327
Total expenses
$4,344,482
Contributions and grants received
$3,570,403
Grants paid
$558,766
Program service revenue
$0
Investment income
$1,924
Other revenue
$0
Total assets, end of year
$3,908,035
Total liabilities, end of year
$123,852
Net assets or fund balances, end of year
$3,784,183
Program services expenses (Part IX)
$2,466,700
Management and general expenses
$1,479,833
Fundraising expenses
$397,949
Program service expenses (Part III)
$2,466,700

Program services were 56.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $3,570,403

  • 3 · Investment income

    total $1,924 · excluded $1,924

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $225,125 · program services $225,125

  • 2 · Grants to domestic individuals

    total $333,641 · program services $333,641

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $906,153 · program services $254,881 · management and general $590,708 · fundraising $60,564

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $1,488,616 · program services $911,852 · management and general $379,686 · fundraising $197,078

  • 8 · Pension plan contributions

    total $50,101 · program services $29,768 · management and general $12,210 · fundraising $8,123

  • 9 · Other employee benefits

    total $124,058 · program services $70,931 · management and general $41,556 · fundraising $11,571

  • 10 · Payroll taxes

    total $176,993 · program services $88,729 · management and general $68,670 · fundraising $19,594

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $0

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $778,765 · program services $502,127 · management and general $227,817 · fundraising $48,821

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $3,162 · program services $222 · management and general $2,904 · fundraising $36

  • 14 · Information technology

    total $157,531 · program services $37,814 · management and general $83,383 · fundraising $36,334

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $37,993 · program services $10,540 · management and general $23,267 · fundraising $4,186

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $7,685 · management and general $4,100 · fundraising $3,585

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $26,887 · program services $11 · management and general $26,876

  • 24a · Other expenses: Professional Development

    total $12,947 · program services $138 · management and general $9,724 · fundraising $3,085

  • 24b · Other expenses: Meeting expense

    total $6,724 · management and general $5,300 · fundraising $1,424

  • 24c · Other expenses: Miscellaneous

    total $4,857 · program services $216 · management and general $1,093 · fundraising $3,548

  • 24d · Other expenses: Bank charges

    total $1,594 · program services $281 · management and general $1,313

  • 24e · All other expenses

    total $1,650 · program services $424 · management and general $1,226

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $924,245 · end of year $567,752

  • 2 · Savings and temporary cash investments

    beginning of year $2,324,654 · end of year $1,007,666

  • 3 · Pledges and grants receivable

    beginning of year $1,496,359 · end of year $2,322,140

  • 4 · Accounts receivable

    end of year $0

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $13,986 · end of year $8,747

  • 10a · Land, buildings and equipment: cost or other basis

    $1,730

  • 10c · Land, buildings and equipment, net

    end of year $1,730

  • 11 · Investments: publicly traded securities

    end of year $0

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $198,385 · end of year $123,851

  • 25 · Other liabilities

    end of year $1

  • 27 · Net assets without donor restrictions

    beginning of year $3,288,911 · end of year $3,784,183

  • 28 · Net assets with donor restrictions

    beginning of year $1,271,948

Mission and programs · 2023

Mission

Provide training, investment, and start-up support to new and existing organizations dedicated to improving schooling in the United States.

  • ENTREPRENEURIAL FELLOWSHIPS: 1 The Tiny Fellowship serves as an in-depth, hands-on exploration of an existing concept. Tiny program participants leave positioned to continue growing their organization on their own. Tiny offers intensive financial and educational support during and after the program. 2 The Essentials Fellowship exists as a first-check, first-stage development and initial testing of an idea in order to show efficacy and develop a pitch for next-stage funding.

    Expenses $2,046,790 · Grants $528,000

  • PHILANTHROPIC FELLOWSHIP - Changemakers will learn how to collectively set funding agendas, raise pooled funds, and write checks through a democratic giving process. The Philanthropic Fellowship focuses on guiding individuals in developing and practicing the identity of philanthropists. Funders qualifying for this program commit to investing a minimum of $1,000 into the giving circle to be deployed to 4.0 alumni.

    Expenses $353,894 · Grants $30,766

  • ALUMNI PATHWAYS - 4.0 alumni will grow expertise and apply mindsets, skills and relationships as education changemakers. All 4.0 alumni are supported to grow in their role and/or move from role to role. This is done through Giving Circles, community building, professional development, leadership advancement, and storytelling.

    Expenses $47,627

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Hassan Hassan

    CEO

    Total calculated
    $196,490
    From this org
    $181,348
    From related orgs
    $0
    Other
    $15,142
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $181,348
    Bonus
    not reported
    Other
    not reported
    Deferred
    $9,046
    Nontaxable benefits
    $6,096
    Filer's total
    $196,490

  • Tracy Dumas Clark

    Chief Program Ofr

    Total calculated
    $189,156
    From this org
    $164,143
    From related orgs
    $0
    Other
    $25,013
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,643
    Bonus
    $1,500
    Other
    not reported
    Deferred
    $16,448
    Nontaxable benefits
    $8,565
    Filer's total
    $189,156

  • Christopher Cromwell

    COO

    Total calculated
    $186,585
    From this org
    $169,933
    From related orgs
    $0
    Other
    $16,652
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $169,933
    Bonus
    not reported
    Other
    not reported
    Deferred
    $8,501
    Nontaxable benefits
    $8,151
    Filer's total
    $186,585

  • Ebonie Williams

    Chief of Staff

    Total calculated
    $174,671
    From this org
    $166,446
    From related orgs
    $0
    Other
    $8,225
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $164,946
    Bonus
    $1,500
    Other
    not reported
    Deferred
    $8,225
    Nontaxable benefits
    not reported
    Filer's total
    $174,671

  • Lereca Coxeff

    Chf Ext. Affairs

    Total calculated
    $152,356
    From this org
    $135,941
    From related orgs
    $0
    Other
    $16,415
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $130,306
    Bonus
    $5,635
    Other
    not reported
    Deferred
    $6,869
    Nontaxable benefits
    $9,546
    Filer's total
    $152,356

  • Stephanie King

    Dir - Ext. Affairs

    Total calculated
    $140,184
    From this org
    $123,803
    From related orgs
    $0
    Other
    $16,381
    Hours/week
    40

  • Tung Ly

    Data Engineer

    Total calculated
    $128,316
    From this org
    $110,960
    From related orgs
    $0
    Other
    $17,356
    Hours/week
    40

  • Arnecia Newton

    Dir of Programs

    Total calculated
    $124,209
    From this org
    $120,109
    From related orgs
    $0
    Other
    $4,100
    Hours/week
    40

  • Molly Raynor

    Dir. of Community

    Total calculated
    $119,736
    From this org
    $103,829
    From related orgs
    $0
    Other
    $15,907
    Hours/week
    40

  • Crystal Gilliam

    Director

    Total calculated
    $117,996
    From this org
    $112,470
    From related orgs
    $0
    Other
    $5,526
    Hours/week
    40

  • James Eustis

    Treasurer

    Total calculated
    $0
    Hours/week
    2

  • Tom Vander Ark

    Director

    Total calculated
    $0
    Hours/week
    2

  • Aaron Walker

    Director

    Total calculated
    $0
    Hours/week
    2

  • Caroline Hill

    Chairman

    Total calculated
    $0
    Hours/week
    2

  • Alex Cortez

    Director

    Total calculated
    $0
    Hours/week
    2

  • Molly O' Donnell

    Director

    Total calculated
    $0
    Hours/week
    2

  • Denise Streeter

    Director

    Total calculated
    $0
    Hours/week
    2

  • Nicole Jarbo

    Director

    Total calculated
    $0
    Hours/week
    2

  • Paris Woods

    Director

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
12 May 2025
IRS schema version
2023v6.0
Source object
202511329349303831

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.