Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2011.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
80 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
9 people listed on the 990; $363K paid to officers and key staff.
Nicole Jarbo’s $133K as Director is at the 93rd percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Hassan Hassan | — | $181,348 | $180,083 | $152,926 | $151,681 | $149,606 |
| Christopher Cromwell | — | $169,933 | $168,198 | $82,510 | — | — |
| Ebonie Williams | — | $166,446 | $158,205 | — | — | — |
| Lereca Coxeff | — | $135,941 | $164,184 | — | — | — |
| Tracy Dumas Clark | — | $164,143 | $164,164 | $110,006 | — | — |
| Lynise Harris | — | — | — | $136,495 | — | — |
| Nicole Jarbo | $133,437 | — | — | — | — | — |
| Stephanie King | — | $123,803 | — | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Provides training, funding, and startup support to education entrepreneurs and organizations developing innovative school models and learning programs across the United States.
Questions for 4point0 Schools
Your first name shows with your question. 4point0 Schools answers here, for everyone.
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Investments
The Investments program consists of Essentials and Tiny Fellowships. Essentials is an intensive, three-day workshop where we teach aspiring entrepreneurs to precisely define the problem they're trying to solve.
Ecosystem
The Ecosystem program is responsible for bringing new leads into our leader pipeline and moving qualified leads through our pipeline to our program applications as well as overall organizational outreach and promotion.
Philanthropy
The philanthropy programs test concepts in broadening who identifies and/or is invited to exercise the powers of a Philanthropist or Funder. Pilot programs have built networks of Angel and Venture philanthropists and connected them to our alumni pool of Founders.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2021 990, line by line.
Download 990
| Line | Start FY21 | End FY21 |
|---|---|---|
| Cash and savingsLn 1–2 | $2.1M | $4.7M |
| InvestmentsLn 11–13 | $0 | |
| Land, buildings, equipmentLn 10c | $71K | $58K |
| Total assetsLn 16 | $8.4M | $9.7M |
| LiabilitiesLn 26 | $415K | $256K |
| Net assetsLn 32 | $8.0M | $9.5M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $1.2M | $1.2M | ||
| Grants to domestic individualsLn 2 | $330K | $330K | ||
| Grants and assistance to foreign recipientsLn 3 | $0 | |||
| Benefits paid to or for membersLn 4 | $0 | |||
| Pay of current officers, directors and key staffLn 5 | $165K | $33K | $25K | $107K |
| Pay of disqualified personsLn 6 | $0 | |||
| Other salaries and wagesLn 7 | $1.1M | $852K | $174K | $92K |
| Pension plan contributionsLn 8 | $39K | $26K | $10K | $4K |
| Other employee benefitsLn 9 | $70K | $56K | $5K | $8K |
| Payroll taxesLn 10 | $95K | $66K | $15K | $14K |
| Management feesLn 11a | $0 | |||
| Legal feesLn 11b | $52K | $5K | $47K | |
| Accounting feesLn 11c | $50K | $50K | ||
| Lobbying feesLn 11d | $0 | |||
| Professional fundraising feesLn 11e | $0 | |||
| Investment management feesLn 11f | $0 | |||
| Other fees for servicesLn 11g | $1.1M | $881K | $85K | $143K |
| Advertising and promotionLn 12 | $0 | |||
| Office expensesLn 13 | $7K | $404 | $7K | |
| Information technologyLn 14 | $108K | $98K | $9K | $1K |
| RoyaltiesLn 15 | $0 | |||
| OccupancyLn 16 | $296K | $238K | $58K | |
| TravelLn 17 | $5K | −$1K | $7K | |
| Travel and entertainment for public officialsLn 18 | $0 | |||
| Conferences, conventions and meetingsLn 19 | $15K | $15K | $219 | |
| InterestLn 20 | $0 | |||
| Payments to affiliatesLn 21 | $0 | |||
| Depreciation, depletion and amortizationLn 22 | $13K | $13K | ||
| InsuranceLn 23 | $25K | $25K | ||
| Other expenses (24a–d)Ln 24 | $61K | $12K | $49K | |
| All other expensesLn 24e | $18K | $14K | $3K | |
| Total functional expensesLn 25 | $4.8M | $3.8M | $580K | $370K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $955K | $2.5M | −$1.6M | $2.2M | 990 PDF |
| FY2024 | $3.6M | $4.3M | −$772K | $3.8M | 990 PDF |
| FY2023 | $1.6M | $4.9M | −$3.3M | $4.6M | 990 PDF |
| FY2022 | $2.4M | $3.9M | −$1.6M | $7.9M | 990 PDF |
| FY2021 Viewing | $6.3M | $4.8M | $1.5M | $9.5M | 990 PDF |
| FY2020 | $4.5M | $3.1M | $1.4M | $8.0M | 990 PDF |
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Schedules filed Part IV
See the full FY2021 990 (6 parts)
Part I · Summary $6,283,360 revenue, 12 lines filed
Part VI · Governance 7 of 7 board members independent, 1 to look at
Part VIII · Statement of revenue $6,283,360 across 9 lines filed
Part IX · Statement of functional expenses $4,790,851 across 31 lines filed
Part X · Balance sheet $9,724,702 assets, 19 lines filed
Part XI · Reconciliation of net assets $9,468,321 net assets at year end
Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File
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