Charter Schools Action Fund EIN 47-2045681 Form 990 (PDF) Claim this org

Charter Schools Action Fund

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Advocates for more federal funding to open and expand successful charter schools. For fiscal year 2024 it reported $254K in revenue, $465K in expenses, and $59K in net assets.Pt I

Type
Membership association · Education
Location
Washington, DC
Filings
5 on file (2020–2024)
Revenue
$254KFY2024
Expenses
$465K
Net assets
$59K
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  47-2045681 Membership association Washington, DC
Form 990 (PDF)
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Size
$100K–1M
What they do
Advocates for more federal funding to open and expand successful charter schools.
Leadership
William Burns Ed of Csaf · EVP, National Advocacy of Napcs · $57K
Money in and out
$254K revenue, $465K expenses
Bottom line
-83% operating surplus
Membership & operating revenue · FY2024
Total revenue
$254K
Pt VIII · Ln 12
Total expenses
$465K
Pt IX · Ln 25
Net assets
$59K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$211K
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.20 Fundraising $0.00
Operating surplus
-83%
revenue over expenses▼ -359% vs prior filing year
Earned revenue
0%
of revenue from program services & dues
Payroll share
17%
of spending is salaries & benefits▼ -41% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$254K
FY2024▼ -55%
Expenses
$465K
FY2024▲ +21%
Total assets
$383K
FY2024▼ -37%
Total liabilities
$324K
FY2024▼ -3%
Total revenue
$254K
Pt VIII · Ln 12
Total expenses
$465K
Pt IX · Ln 25
Net assets
$59K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$211K
Total assetsPt X · Ln 16$383K
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 42

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCharter Schools Action Fund
EINHdr · item D47-2045681
Principal addressHdr · item CWashington, DC
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MDC
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFEducation (B01)
Ruling yearIRS BMFJul 2023

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b2
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
EVP, National Advocacy of Napcs
$56,934Pt VII · Sec A
Treasurer
$3,980Pt VII · Sec A
Pres. & CEO of Napcs - as of 08/24
$1,914Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
CEO of Napcs - Until 12/23
$0Pt VII · Sec A

William Burns Ed of Csaf’s $57K as EVP, National Advocacy of Napcs is at the 49th 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 · 6 named individuals · Part VII

NameFY2024FY2023
William Burns Ed of Csaf$56,934
Eric Paisner$3,980
Eric Paisner$3,588
Nina Rees$3,505
Starlee Coleman$1,914
Jessica Morffi VP Federal$597

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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Mission & Programs · Part III

Where the work happens

1 program service account for $370K of program spending, described in the organization's own filed words · FY2024.
01

Secure a significant increase in the federal charter schools program, which provides needed funds to open and replicated high performing charter schools.

$370Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$250K · 98%
Investment income$4K · 2%
Contributions & grants98%$250K
Investment income2%$4K
Total revenueLn 12$254K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.20 Fundraising $0.00
Program services80%$370K
Management & general20%$92K
Fundraising$2K
Total functional expensesLn 25$465K

Balance Sheet

Part X · end of year
CashLn 1$375K
Total assetsLn 16$383K
Total liabilitiesLn 26$324K
Total net assetsLn 32$59K
Months of cash on handcomputed9.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $375K · Operating expenses/yr $465K
9.7 months
Where the money goes
Program services
Program services $370K · Total expenses $465K
80%
Management & General
Management & general $92K · Total expenses $465K
20%
Fundraising
Fundraising $2K · Total expenses $465K
0.5%
Cost to raise $1
Fundraising expense (3-yr avg) $15K · Solicited contributions (3-yr avg) $598K
$0.02 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $250K · Total revenue $254K
98%
Government reliance
Government grants — · Total revenue $254K
Earned-income share
Program service revenue $0 · Total revenue $254K
0%
Investment reliance
Investment income $4K · Total revenue $254K
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $465K
0%
Growth & trend
Revenue growth (YoY)
This year $254K · Prior year $565K
-55%
Revenue CAGR
FY2020 $90K · FY2024 $254K
+30%
Net-asset trend (YoY)
End of year $59K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $254K · Expenses $465K
-83%
Liabilities-to-Assets
Total liabilities — · Total assets $383K
Net-asset ratio
Net assets $59K · Total assets $383K
15%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $383K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual William Burns Ed of Csaf · Reported title EVP, NATIONAL ADVOCACY OF NAPCS · Highest reported compensation $57K · Total expenses $465K
12%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $78K · Total expenses $465K
17%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 80%
Overhead ratio 20%
Fundraising cost ratio 0.9%
Revenue growth -55%
Legal fee ratio 2%
Accounting fee ratio 12%

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.

Grants

Schedule I · received and paid
Grants received · FY2020
Total grants receivedfrom 1 funder$30K
Grants paid · 10 grants · $442K · 2022–2024
Americans 4 Security INCWI · FY2024$57,500
Congressional Leadership FundFY2024$40,000
House Majority PacFY2024$40,000
Senate Majority PacFY2024$30,000
Garden State Success INCFY2023$50,000
Senate Majority PacFY2022$75,000
Opportunity Matters Fund INCFY2022$75,000
Wa Charters ActionWA · FY2022$25,000

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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
FY2024 (Latest)$254K revenue · viewing · ⤓ 990 PDF
FY2023$565K revenue · ⤓ 990 PDF
FY2022$979K revenue · ⤓ 990 PDF
FY2021$85K revenue · ⤓ 990 PDF
FY2020$90K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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