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Nonprofiteer
← BAY EDUCATION FUND

Form 990 for tax year 2022

Filed by BAY EDUCATION FUND.

Totals

Total revenue
$1,211,509
Total expenses
$422,513
Contributions and grants received
$1,211,074
Grants paid
$80,000
Program service revenue
$0
Investment income
$425
Other revenue
$10
Total assets, end of year
$846,314
Total liabilities, end of year
$57,318
Net assets or fund balances, end of year
$788,996
Program services expenses (Part IX)
$292,263
Management and general expenses
$102,193
Fundraising expenses
$28,057
Program service expenses (Part III)
$292,263

Program services were 69.2% 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

    $1,211,074

  • 3 · Investment income

    total $425 · excluded $425

  • 11a · Other revenue: Miscellaneous

    total $10 · related or exempt $10

  • 11e · Other revenue, total

    $10

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $80,000 · program services $80,000

  • 5 · Compensation of officers, directors and key employees

    total $128,750 · program services $66,856 · management and general $46,512 · fundraising $15,382

  • 7 · Other salaries and wages

    total $60,001 · program services $31,157 · management and general $21,676 · fundraising $7,168

  • 9 · Other employee benefits

    total $25,161 · program services $13,081 · management and general $9,078 · fundraising $3,002

  • 10 · Payroll taxes

    total $14,383 · program services $7,469 · management and general $5,196 · fundraising $1,718

  • 11g · Fees: other

    total $74,675 · program services $60,659 · management and general $13,858 · fundraising $158

  • 13 · Office expenses

    total $2,278 · program services $1,504 · management and general $737 · fundraising $37

  • 14 · Information technology

    total $597 · program services $327 · management and general $216 · fundraising $54

  • 16 · Occupancy

    total $1,734 · program services $1,017 · management and general $574 · fundraising $143

  • 19 · Conferences, conventions and meetings

    total $9,668 · program services $8,576 · management and general $771 · fundraising $321

  • 23 · Insurance

    total $3,565 · management and general $3,565

  • 24a · Other expenses: Program expenses

    total $21,629 · program services $21,617 · management and general $10 · fundraising $2

  • 24b · Other expenses: Miscellaneous

    total $72 · fundraising $72

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $832,559

  • 9 · Prepaid expenses and deferred charges

    end of year $13,755

  • 17 · Accounts payable and accrued expenses

    end of year $57,318

  • 27 · Net assets without donor restrictions

    end of year $788,996

Mission and programs · 2022

Mission

Build a community investment fund that catalyzes local movements and transforms district capacity by bringing together families,communities, teachers, district leaders, and philanthropy to co-design a vision for students and implement proven solutions for change in schools.

  • South San Francisco - In close partnership with South San Francisco Unified School District, we gathered diverse stakeholders to co-design a vision for students in South San Francisco. We operated a family leaders fellowship program where 27 parents learned about ways to support their students and work for improvement within their education systems. We also helped the district meet pressing needs, including a grant which resulted in 8 new substitute teachers to address the substitute teacher shortage.

    Expenses $241,114 · Grants $80,000

  • Ravenswood - We worked with Ravenswood City School District to determine a path for building deeper relationships and trust between schools and the community.

    Expenses $39,200

  • Community Exploration - We held discussions with two school districts, who we are not currently engaged and programs with, and relevant community leaders to understand their needs and potential for partnership.

    Expenses $11,949

As filed on the 2022 return.

Listed in Part VII

  • Paul Keys

    Managing Partner

    Total calculated
    $70,364
    From this org
    $68,750
    From related orgs
    $0
    Other
    $1,614
    Hours/week
    3

  • Ash Solar

    SecretarySenior Partner

    Total calculated
    $60,000
    From this org
    $60,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • Tammy Crown

    President

    Total calculated
    $0
    Hours/week
    3

  • Michelle Boyers

    Treasurer

    Total calculated
    $0
    Hours/week
    3

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.

Grants on this return

Provenance

Return type
form_990
Tax year
2022
Filed
3 May 2023
IRS schema version
2022v5.0
Source object
202341289349303409

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