Schofield School PTO EIN 04-3230047

Schofield School PTO

EIN  04-3230047 Public charity (501(c)(3)) Wellesley, MA
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Enhance education, foster home-school connection, and improve the school environment through parent involvement and support.
Leadership
Elizabeth Rucci · President
Money in and out
$165K revenue, $113K expenses
Bottom line
65% program efficiency

Enhance education, foster home-school connection, and improve the school environment through parent involvement and support. For fiscal year 2025 it reported $165K in revenue, $113K in expenses, and $231K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$165K
Pt VIII · Ln 12
Total expenses
$113K
Pt IX · Ln 25
Net assets
$231K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $52K
Where spending went · Part IX cols B–D
Program services $0.65 Management & general $0.06 Fundraising $0.30
Program efficiency
65%
of spending reaches programs
Operating runway
24.7mo
months of highly liquid reserves at operating expense rate▲ +86% vs prior filing year
Surplus margin
+32%
revenue over expenses, this year▲ +173% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$165K
FY2025▲ +54%
Total revenue
$165K
Pt VIII · Ln 12
Total expenses
$113K
Pt IX · Ln 25
Net assets
$231K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$52K
Total assetsPt X · Ln 16$231K
Program-expense ratioPt IX · col B65%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

3 program services account for $63K of program spending, described in the organization's own filed words · FY2024.
01

Classroom and Teacher Support

Provides discretionary funds to principal, teachers, and specialists to be used for classroom supplies and tools.

$34Kprogram expense
02

Student Enrichment

Provides cultural, educational, and scientific programs to benefit all students including field trips, classroom lectures, demonstrations, etc. By authors, scientists, dancers, musicians, etc.

$22Kprogram expense
03

Parent and Community Support

Supports local and community building programs, including metco, wellesley education fund, wellesley central council, and grounds beautification.

$8Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSchofield School PTO
EINHdr · item D04-3230047
Principal addressHdr · item CWellesley, MA
WebsiteHdr · item Jwww.schofieldpto.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B94Z)
Ruling yearIRS BMFJul 1994

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
Co-Vice Pres
$0Pt VII · Sec A
Co-Vice Pres
$0Pt VII · Sec A
$0Pt VII · Sec A
Co-Treasurer
$0Pt VII · Sec A
Co-Treasurer
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$165K · 100%
Investment income$2K · 1%
Contributions & grants100%$165K
Investment income1%$2K
Total revenueLn 12$165K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.65 Management & general $0.06 Fundraising $0.30
Program services65%$73K
Management & general6%$6K
Fundraising30%$34K
Total functional expensesLn 25$113K

Balance Sheet

Part X · end of year
CashLn 1$231K
Total assetsLn 16$231K
Total liabilitiesLn 26$0
Total net assetsLn 32$231K
Months of cash on handcomputed24.7

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $231K · Operating expenses/yr $113K
24.7 months
Where the money goes
Program services
Program services $73K · Total expenses $113K
65%
Management & General
Management & general $6K · Total expenses $113K
6%
Fundraising
Fundraising $34K · Total expenses $113K
30%
Cost to raise $1
Fundraising expense $34K · Solicited contributions $165K
$0.20 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $165K · Total revenue $165K
100%
Government reliance
Government grants — · Total revenue $165K
Earned-income share
Program service revenue $0 · Total revenue $165K
0%
Investment reliance
Investment income $2K · Total revenue $165K
+1%
Program self-sufficiency
Program service revenue $0 · Total expenses $113K
0%
Growth & trend
Revenue growth (YoY)
This year $165K · Prior year $107K
+54%
Revenue CAGR
FY2020 $38K · FY2024 $165K
+45%
Net-asset trend (YoY)
End of year $231K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $165K · Expenses $113K
+32%
Liabilities-to-Assets
Total liabilities — · Total assets $231K
Net-asset ratio
Net assets $231K · Total assets $231K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $231K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Elizabeth Rucci · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $113K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $113K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 65%
Overhead ratio 6%
Fundraising cost ratio 20%
Revenue growth 54%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$165K revenue · viewing · ⤓ 990 PDF
FY2024$107K revenue · ⤓ 990 PDF
FY2023$120K revenue · ⤓ 990 PDF
FY2022$126K revenue · ⤓ 990 PDF
FY2021$38K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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