Springboard Collaborative combines targeted student instruction with parent training in an incentivized system that closes the literacy gap, by transferring the summer from a barrier into a Springboard for financially disadvantaged students and families.

501(c)(3) charity; gifts are tax-deductible.
59¢ of each $1 spent went to programs.
Run by 8 volunteers and 544 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $2.2M a year · 8% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
59%
of spending
Worth a look: 59% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2.1M
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
2 mo
of spending, in cash
Plus $17.9M in investments, Pt X · Ln 11–13
Fine: 2.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $12K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$3.2M
9% of total assets
Looks good: liabilities are 9% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 8 voting members
Looks good: 7 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$28.1M
-22% vs prior year
Spent
$29.4M
To programs
59%
Net assets
$32.5M
By yearFY2020–FY2025
Revenue
$28.1M
FY2025▼ -22%
Tap a bar for its year
Revenue by fiscal year
FY2020$11.6M
FY2021$22.8M
FY2022$37.2M
FY2023$35.8M
FY2024$36.3M
FY2025$28.1M
Expenses
$29.4M
FY2025▼ -19%
Tap a bar for its year
Expenses by fiscal year
FY2020$11.1M
FY2021$19.4M
FY2022$28.8M
FY2023$33.7M
FY2024$36.2M
FY2025$29.4M
Net assets
$32.5M
FY2025▼ -0.7%
Tap a bar for its year
Net assets by fiscal year
FY2020$8.0M
FY2021$11.4M
FY2022$19.8M
FY2023$32.9M
FY2024$32.7M
FY2025$32.5M

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 2012.

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

Where the money goes

59 cents of each dollar spent went to programs.

Program services 59% · $17.3M Management & general 37% · $11.0M Fundraising 4% · $1.1M

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

13 people listed on the 990; $2.1M paid to officers and key staff.

Part VII, Section A · reportable compensation
$612,907Pt VII · Sec A
President as of August 2025
$377,481Pt VII · Sec A
President Until August 2025
$309,817Pt VII · Sec A
Chief Revenue Officer
$290,102Pt VII · Sec A
VP, People Operations & St
$279,782Pt VII · Sec A
Senior Advisor,strategy&change Mgmt
$266,174Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Alejandro Gibes De Gac’s $613K as CEO & Founder is at the 97th percentile of top reported officer pay among 3122 $10–100M human services 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Alejandro Gibes De Gac$612,907$557,394$808,855$515,174$405,000—
Michelle Katheryn Shires$377,481$252,305————
Alejandro Gac-Artigas—————$368,202
Sanjeev Midha$309,817$316,169$329,661$313,009——
Aubrey White———$253,107$318,200$285,854
Areshia McFarlin$290,102—————
Nnenna Akotaobi$279,782$226,317—$209,375$144,320—
Erin Laidlaw McGuire$266,174—$231,899$236,843——

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 15aYes

Programs and updates

Coaches educators and families to help children read by fourth grade.

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Provided by the organization

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1 program · $17.3M · in their own filed words · FY2025
01

Springboard collaborative offers a structured, research-based literacy program delivered by teachers and supported by families that improves literacy skills and closes the achievement gap. We coach educators and family members to help kids learn to read by the fourth grade.

$17.3Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$12K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$28.1M
Ln 12
Gifts and grantsLn 1h$16.1M
Fees for servicesLn 2g$11.3M
Investment incomeLn 3$692K
Money outPt IX
$29.4M
Ln 25
Programscol B$17.3M
Managementcol C$11.0M
Fundraisingcol D$1.1M
Owns and owesPt X
$32.5M
net assets · Ln 32
Cash and savingsLn 1–2$4.9M
Total assetsLn 16$35.7M
LiabilitiesLn 26$3.2M
PeoplePt VI, VII
13
listed · VII A
PaidVII A6
Voting boardVI 1a8
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$16.1M
Government grantsLn 1e$413K
Fees for servicesLn 2g$11.3M
Investment incomeLn 3$692K
Other incomeLn 4–11$75K
Gains on assetsLn 7$64K
Total revenueLn 12$28.1M
Assets in detailPt X, end of year
CashLn 1$4.9M
Cash and savings togetherLn 1–2$4.9M
InvestmentsLn 11–13$17.9M
Land, buildings, equipmentLn 10c$720K
Other assetsLn 15$784K
Total assetsLn 16$35.7M
LiabilitiesLn 26$3.2M
Net assetsLn 32$32.5M
OperationsPt I, VI
EmployeesI 5544
VolunteersI 68
Fiscal year endsHeaderDecember
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
LineStart FY25End FY25
Cash and savingsLn 1–2$6.3M$4.9M
InvestmentsLn 11–13$18.2M$17.9M
Land, buildings, equipmentLn 10c$546K$720K
Total assetsLn 16$36.8M$35.7M
LiabilitiesLn 26$4.1M$3.2M
Net assetsLn 32$32.7M$32.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$1.4M$543K$716K$127K
Other salaries and wagesLn 7$17.3M$10.9M$5.5M$910K
Pension plan contributionsLn 8$636K$283K$352K
Other employee benefitsLn 9$1.2M$442K$706K$5K
Payroll taxesLn 10$1.4M$807K$623K
Legal feesLn 11b$98K$98K
Accounting feesLn 11c$72K$72K
Investment management feesLn 11f$47K$47K
Other fees for servicesLn 11g$1.5M$708K$753K$40K
Advertising and promotionLn 12$49K$48K$990
Office expensesLn 13$7K$1K$6K$345
Information technologyLn 14$1.7M$668K$1.1M$15K
OccupancyLn 16$730K$400K$330K
TravelLn 17$397K$43K$332K$23K
Depreciation, depletion and amortizationLn 22$60K$35K$25K
InsuranceLn 23$262K$262K
Other expenses (24a–d)Ln 24$2.5M$2.5M$8K$20
All other expensesLn 24e$2K$620$954
Total functional expensesLn 25$29.4M$17.3M$11.0M$1.1M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $28.1M$29.4M−$1.2M$32.5M 990 PDF
FY2024 $36.3M$36.2M$52K$32.7M 990 PDF
FY2023 $35.8M$33.7M$2.1M$32.9M 990 PDF
FY2022 $37.2M$28.8M$8.4M$19.8M 990 PDF
FY2021 $22.8M$19.4M$3.4M$11.4M 990 PDF
FY2020 $11.6M$11.1M$497K$8.0M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $28,144,328 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $14,556,200$16,106,722
I-9 Program service revenuePrior year $20,991,517$11,270,653
I-10 Investment incomePrior year $391,682$691,980
I-11 Other revenuePrior year $311,496$74,973
I-12 Total revenuePrior year $36,250,895$28,144,328
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $25,468,962$21,913,613
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $10,729,855$7,453,219
I-18 Total expensesPrior year $36,198,817$29,366,832
I-19 Revenue less expensesPrior year $52,078−$1,222,504
Part VI · Governance 7 of 8 board members independent, no flags
VI-1a Voting members of the governing body8
VI-1b Independent voting members7
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
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $28,144,328 across 9 lines filed
VIII-1e Government grants$412,591
VIII-1f All other contributions, gifts and grants$15,694,131
VIII-1h Total contributions, gifts and grants$16,106,722
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $11,270,653$11,270,653
VIII-3 Investment incomeExcluded from tax $628,312$628,312
VIII-6 Net rental income or lossExcluded from tax $55,700$55,700
VIII-7 Net gain or loss on sales of assetsExcluded from tax $63,668$63,668
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $19,273$19,273
VIII-12 Total revenueRelated to mission $11,270,653 · Unrelated business $0 · Excluded from tax $766,953$28,144,328
Part IX · Statement of functional expenses $29,366,832 across 18 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $543,255 · Management $716,034 · Fundraising $127,283$1,386,572
IX-7 Other salaries and wagesPrograms $10,882,104 · Management $5,516,604 · Fundraising $909,681$17,308,389
IX-8 Pension plan contributionsPrograms $283,331 · Management $352,453$635,784
IX-9 Other employee benefitsPrograms $442,489 · Management $705,663 · Fundraising $4,707$1,152,859
IX-10 Payroll taxesPrograms $807,317 · Management $622,692$1,430,009
IX-11b Legal feesManagement $98,356$98,356
IX-11c Accounting feesManagement $72,089$72,089
IX-11f Investment management feesManagement $47,230$47,230
IX-11g Other fees for servicesPrograms $707,817 · Management $752,981 · Fundraising $40,167$1,500,965
IX-12 Advertising and promotionManagement $48,430 · Fundraising $990$49,420
IX-13 Office expensesPrograms $1,055 · Management $5,646 · Fundraising $345$7,046
IX-14 Information technologyPrograms $667,769 · Management $1,054,641 · Fundraising $15,227$1,737,637
IX-16 OccupancyPrograms $399,843 · Management $329,714$729,557
IX-17 TravelPrograms $42,994 · Management $331,843 · Fundraising $22,539$397,376
IX-22 Depreciation, depletion and amortizationPrograms $34,983 · Management $25,277$60,260
IX-23 InsuranceManagement $261,763$261,763
IX-24 Other expenses (24a–d)Programs $2,481,853 · Management $8,073 · Fundraising $20$2,489,946
IX-24e All other expensesManagement $620 · Fundraising $954$1,574
IX-25 Total functional expensesPrograms $17,294,810 · Management $10,950,109 · Fundraising $1,121,913$29,366,832
Part X · Balance sheet $35,678,983 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $6,268,507$4,941,172
X-3 Pledges and grants receivableStart of year $3,914,483$5,951,205
X-4 Accounts receivableStart of year $2,617,603$2,861,895
X-8 Inventories for sale or useStart of year $2,897,283$1,896,008
X-9 Prepaid expenses and deferred chargesStart of year $977,983$669,765
X-10c Land, buildings and equipment, netStart of year $545,971$719,946
X-11 Publicly traded securitiesStart of year $18,222,902$17,855,234
X-15 Other assetsStart of year $1,349,799$783,758
X-16 Total assetsStart of year $36,794,531$35,678,983
X-17 Accounts payable and accrued expensesStart of year $2,729,858$1,604,623
X-19 Deferred revenue$799,024
X-25 Other liabilitiesStart of year $1,384,695$816,756
X-26 Total liabilitiesStart of year $4,114,553$3,220,403
X-27 Net assets without donor restrictionsStart of year $24,544,851$23,003,897
X-28 Net assets with donor restrictionsStart of year $8,135,127$9,454,683
X-32 Total net assets or fund balancesStart of year $32,679,978$32,458,580
X-33 Total liabilities and net assetsStart of year $36,794,531$35,678,983
Part XI · Reconciliation of net assets $32,458,580 net assets at year end
XI-1 Total revenue$28,144,328
XI-2 Total expenses$29,366,832
XI-3 Revenue less expenses−$1,222,504
XI-4 Net assets at start of year$32,679,978
XI-5 Net unrealized gains (losses) on investments$1,001,106
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$32,458,580

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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