Shaker Schools Foundation: FY2023 Nonprofit Profile & Form 990 (EIN 34-1351470)

Revenue by fiscal year
FY2020	$699K
FY2021	$1.2M
FY2022	$1.2M
FY2023	$1.1M
FY2024	$1.0M
FY2025	$1.3M

Expenses by fiscal year
FY2020	$572K
FY2021	$993K
FY2022	$798K
FY2023	$700K
FY2024	$878K
FY2025	$1.0M

Net assets by fiscal year
FY2020	$4.7M
FY2021	$5.9M
FY2022	$5.0M
FY2023	$5.4M
FY2024	$6.1M
FY2025	$6.7M

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1982.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

59 cents of each dollar spent went to programs.

59%

22%

19%

Program services 59% · $414K Management & general 22% · $153K Fundraising 19% · $133K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

23 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII

Carter Strang

President

$0Pt VII · Sec A

Cathy Zbanek

Vice President

$0Pt VII · Sec A

Christopher Hunter

Tresurer

$0Pt VII · Sec A

Ramona Lowery-Ferrell

Secretary

$0Pt VII · Sec A

Jennifer Lawry Adams

Trustee

$0Pt VII · Sec A

Eileen Anderson

Trustee

$0Pt VII · Sec A

Michael Bowen

Trustee

$0Pt VII · Sec A

Kevin L Clayton

Trustee

$0Pt VII · Sec A

See Shaker Schools Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

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

Cultivates community resources to advance equitable access and enhance opportunities for all Shaker Heights students.

Questions for Shaker Schools Foundation

Tap to ask. Shaker Schools Foundation sees how many people are interested.

Your first name shows with your question. Shaker Schools Foundation answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $414K · in their own filed words · FY2022

01

Provide support for various academic PROGRAMS/PROJECTS throughout the school district.

$351Kprogram expense

02

Provided support for 60 students who met the criteria for academic AND/OR co-curricular achievements.

$54Kprogram expense

03

Provided support for 37 classroom initiatives undertaken by teachers.

$9Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid

Grants received · FY2025

James and Susan Ratner Family FoundationFY2025$2K

Total grants receivedfrom 1 funder$2K

Grants paid · 12 grants · $345K · 2019–2024

Unitemized GrantFY2024$60,830

Unitemized GrantFY2024$9,081

Unitemized GrantFY2023$43,365

Unitemized GrantFY2023$8,418

Unitemized GrantFY2022$54,168

Unitemized GrantFY2022$9,166

Unitemized GrantFY2021$51,295

Unitemized GrantFY2021$9,990

Unitemized GrantFY2020$35,708

Unitemized GrantFY2020$7,986

Unitemized GrantFY2019$46,750

Unitemized GrantFY2019$8,373

By the numbers

The FY2023 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$1.1M

Ln 12

Gifts and grantsLn 1h$571K

Investment incomeLn 3$445K

Other incomeLn 4–11$102K

Money outPt IX

$700K

Ln 25

Programscol B$414K

Managementcol C$153K

Fundraisingcol D$133K

Owns and owesPt X

$5.4M

net assets · Ln 32

Cash and savingsLn 1–2$192K

Total assetsLn 16$5.4M

LiabilitiesLn 26$17K

PeoplePt VI, VII

23

listed · VII A

PaidVII A0

Voting boardVI 1a22

IndependentVI 1b22

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$571K

Noncash giftsLn 1g$10K

Fundraising eventsLn 1c$37K

Investment incomeLn 3$445K

Other incomeLn 4–11$102K

Gains on assetsLn 7$230K

Total revenueLn 12$1.1M

Assets in detailPt X, end of year

CashLn 1$145K

SavingsLn 2$48K

Cash and savings togetherLn 1–2$192K

InvestmentsLn 11–13$5.2M

Total assetsLn 16$5.4M

LiabilitiesLn 26$17K

Net assetsLn 32$5.4M

OperationsPt I, VI

EmployeesI 52

VolunteersI 6100

Fiscal year endsHeaderJune

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13Yes

Records policyVI 14Yes

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY23	End FY23
Cash and savingsLn 1–2	$198K	$192K
InvestmentsLn 11–13	$4.8M	$5.2M
Total assetsLn 16	$5.0M	$5.4M
LiabilitiesLn 26	$15K	$17K
Net assetsLn 32	$5.0M	$5.4M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic individualsLn 2	$63K	$63K
Other salaries and wagesLn 7	$165K	$55K	$55K	$55K
Other employee benefitsLn 9	$12K	$4K	$4K	$4K
Payroll taxesLn 10	$26K	$9K	$9K	$9K
Accounting feesLn 11c	$21K		$10K	$10K
Investment management feesLn 11f	$35K		$35K
Other fees for servicesLn 11g	$30K		$12K	$18K
Office expensesLn 13	$7K		$2K	$5K
Information technologyLn 14	$16K		$16K
OccupancyLn 16	$13K			$13K
Other expenses (24a–d)Ln 24	$309K	$283K	$7K	$19K
All other expensesLn 24e	$3K		$3K
Total functional expensesLn 25	$700K	$414K	$153K	$133K

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest	$1.3M	$1.0M	$252K	$6.7M	990 PDF
FY2024	$1.0M	$878K	$152K	$6.1M	990 PDF
FY2023 Viewing	$1.1M	$700K	$417K	$5.4M	990 PDF
FY2022	$1.2M	$798K	$450K	$5.0M	990 PDF
FY2021	$1.2M	$993K	$169K	$5.9M	990 PDF
FY2020	$699K	$572K	$127K	$4.7M	990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

See the full FY2023 990 (6 parts)

Part I · Summary $1,117,127 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $606,653$570,911

I-9 Program service revenuePrior year $0$0

I-10 Investment incomePrior year $643,427$444,594

I-11 Other revenuePrior year −$1,520$101,622

I-12 Total revenuePrior year $1,248,560$1,117,127

I-13 Grants and similar amounts paidPrior year $61,285$63,334

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $103,803$203,433

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $633,343$433,196

I-18 Total expensesPrior year $798,431$699,963

I-19 Revenue less expensesPrior year $450,129$417,164

Part VI · Governance 22 of 22 board members independent, 1 to look at

VI-1a Voting members of the governing body22

VI-1b Independent voting members22

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

VI-13 Written whistleblower policyYes

VI-14 Document retention and destruction policyYes

Part VIII · Statement of revenue $1,117,127 across 8 lines filed

VIII-1c Fundraising events$36,884

VIII-1f All other contributions, gifts and grants$534,027

VIII-1g Noncash contributions (included above)$10,243

VIII-1h Total contributions, gifts and grants$570,911

VIII-3 Investment incomeExcluded from tax $215,008$215,008

VIII-7 Net gain or loss on sales of assetsExcluded from tax $229,586$229,586

VIII-8 Net income from fundraising eventsExcluded from tax $101,622$101,622

VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $546,216$1,117,127

Part IX · Statement of functional expenses $699,963 across 12 lines filed

IX-2 Grants to domestic individualsPrograms $63,334$63,334

IX-7 Other salaries and wagesPrograms $54,961 · Management $54,961 · Fundraising $54,961$164,883

IX-9 Other employee benefitsPrograms $4,080 · Management $4,080 · Fundraising $4,080$12,240

IX-10 Payroll taxesPrograms $8,770 · Management $8,770 · Fundraising $8,770$26,310

IX-11c Accounting feesManagement $10,406 · Fundraising $10,406$20,812

IX-11f Investment management feesManagement $34,683$34,683

IX-11g Other fees for servicesManagement $11,833 · Fundraising $18,467$30,300

IX-13 Office expensesManagement $2,044 · Fundraising $4,855$6,899

IX-14 Information technologyManagement $15,630$15,630

IX-16 OccupancyFundraising $12,844$12,844

IX-24 Other expenses (24a–d)Programs $283,107 · Management $7,251 · Fundraising $18,536$308,894

IX-24e All other expensesManagement $3,134$3,134

IX-25 Total functional expensesPrograms $414,252 · Management $152,792 · Fundraising $132,919$699,963

Part X · Balance sheet $5,442,571 assets, 12 lines filed

X-1 Cash, non-interest-bearingStart of year $150,435$144,929

X-2 Savings and temporary cash investmentsStart of year $47,500$47,501

X-3 Pledges and grants receivableStart of year $14,538$18,573

X-11 Publicly traded securitiesStart of year $4,757,875$5,231,568

X-16 Total assetsStart of year $4,970,348$5,442,571

X-17 Accounts payable and accrued expensesStart of year $1,056$4,669

X-18 Grants payableStart of year $13,456$11,871

X-26 Total liabilitiesStart of year $14,512$16,540

X-27 Net assets without donor restrictionsStart of year $1,468,060$1,620,914

X-28 Net assets with donor restrictionsStart of year $3,487,776$3,805,117

X-32 Total net assets or fund balancesStart of year $4,955,836$5,426,031

X-33 Total liabilities and net assetsStart of year $4,970,348$5,442,571

Part XI · Reconciliation of net assets $5,426,031 net assets at year end

XI-1 Total revenue$1,117,127

XI-2 Total expenses$699,963

XI-3 Revenue less expenses$417,164

XI-4 Net assets at start of year$4,955,836

XI-5 Net unrealized gains (losses) on investments$53,031

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$5,426,031

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Shaker Schools Foundation FY2023 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Shaker Schools Foundation

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV