Form 990 for tax year 2023

Totals

Total revenue

$2,830,190

Total expenses

$4,164,096

Contributions and grants received

$2,707,412

Grants paid

$991,009

Program service revenue

$63,736

Investment income

$0

Other revenue

$59,042

Total assets, end of year

$999,982

Total liabilities, end of year

$271,342

Net assets or fund balances, end of year

$728,640

Program services expenses (Part IX)

$3,027,196

Management and general expenses

$887,688

Fundraising expenses

$249,212

Program service expenses (Part III)

$3,027,196

Program services were 72.7% 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.

Mission and programs · 2023

• FOUNDATION FOR TACOMA STUDENTS PROVIDES MANAGEMENT AND COORDINATION OF COMMUNITY-WIDE STRATEGIES DESIGNED TO INCREASE BY 50% BOTH THE GRADUATION RATE OF TACOMA PUBLIC SCHOOLS STUDENTS AND THOSE WHO COMPLETE A COLLEGE DEGREE OR TECHNICAL CERTIFICATE. USING FOUR KEY STRATEGIES, THE FOUNDATION IS COMMITTED TO SHARED GOALS; USES DATA TO INFORM BETTER DECISION MAKING; ACTS COLLABORATIVELY AND ALIGNS RESOURCES FOR SUSTAINABLE INVESTMENT.

  Expenses $3,027,196 · Grants $991,009 · Revenue $122,778

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

Listed in Part VII

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

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

• GREENTRIKE

  $180,757

  PROGRAMS; CONSULTATION; SUMMER TEEN LATE NIGHT PROGRAM

• TACOMA PARKS FOUNDATION

  $50,000

  WHOLE CHILD SAFE ZONES; SUMMER TEEN LATE NIGHT PROGRAM

• CITY OF FIFE

  $47,928

  EXPANDED LEARNING OPPORTUNITY FUND; REGIONAL CHALLENGE GRANT

• FRANKLIN PIERCE SCHOOL DIST NO 402

  $37,250

  EXPANDED LEARNING OPPORTUNITY FUND; REGIONAL CHALLENGE GRANT

• RAINIER SCHOLARS

  $35,000

  EXPANDED LEARNING OPPORTUNITY FUND; REGIONAL CHALLENGE GRANT

• PACIFIC LUTHERAN UNIVERSITY (V)

  $32,125

  EXPANDED LEARNING OPPORTUNITY FUND; REGIONAL CHALLENGE GRANT

• GRIDIRON FOUNDATION

  $30,000

  EXPANDED LEARNING OPPORTUNITY FUND; REGIONAL CHALLENGE GRANT

• THE GAME TIME WAY

  $30,000

  EXPANDED LEARNING OPPORTUNITY FUND; REGIONAL CHALLENGE GRANT

• BUILD 2 LEAD

  $26,500

  EXPANDED LEARNING OPPORTUNITY FUND

• TACOMA COMMUNITY BOAT BUILDERS

  $26,112

  EXPANDED LEARNING OPPORTUNITY FUND

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

Provenance

Return type

form_990

Tax year

2023

Filed

13 November 2024

IRS schema version

2023v5.1

Source object

202403199349310045

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.