School Connect INC EIN 82-3762263 Form 990 (PDF) Claim this org

School Connect INC FY2023 filing

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Links schools with local resources and opportunities. For fiscal year 2023 it reported $400K in revenue, $476K in expenses, and $73K in net assets.Pt I

Type
Public charity (501(c)(3)) · Community Development
Location
Glendale, AZ
Website
schoolconnectaz.org
Filings
5 on file (2020–2023)
Revenue
$400KFY2023
Expenses
$476K
Net assets
$73K
People
11
Filings
5
Updates
0
More identity details & actions ⌄
EIN  82-3762263 Public charity (501(c)(3)) Glendale, AZ
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Links schools with local resources and opportunities.
Leadership
Tracey Beal · CEO · $36K
Money in and out
$400K revenue, $476K expenses
Bottom line
57% program efficiency
Where the money goes · FY2023
Total revenue
$400K
Pt VIII · Ln 12
Total expenses
$476K
Pt IX · Ln 25
Net assets
$73K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$76K
Where spending went · Part IX cols B–D
Program services $0.57 Management & general $0.26 Fundraising $0.17
Program efficiency
57%
of spending reaches programs
Operating runway
3.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
-19%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$400K
FY2023▼ -23%
Expenses
$476K
FY2023▼ -6%
Total assets
$184K
FY2023▼ -2%
Total liabilities
$111K
FY2023▲ +180%
Total revenue
$400K
Pt VIII · Ln 12
Total expenses
$476K
Pt IX · Ln 25
Net assets
$73K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$76K
Total assetsPt X · Ln 16$184K
Program-expense ratioPt IX · col B57%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSchool Connect INC
EINHdr · item D82-3762263
Principal addressHdr · item CGlendale, AZ
WebsiteHdr · item Jschoolconnectaz.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAZ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S20)
Ruling yearIRS BMFOct 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$36,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Tracey Beal’s $61K as CEO is at the 39th percentile of top reported officer pay among 1711 $100K–1M community development 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 · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Tracey Beal$61,363$36,000$36,000$36,000$19,731

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

2 program services account for $273K of program spending, described in the organization's own filed words · FY2023.
01

The organization has built partnerships by engaging the community and collaborating with community parters including businesses, nonpofits, higher education institutions and public agencies to adopt local schools.

$273Kprogram expense
02

The organization received rent free use of facilities valued at $30,000 and postage and photocopying services valued at $6,000.

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants$332K · 83%
Program service revenue$80K · 20%
Contributions & grants83%$332K
Program service revenue20%$80K
Investment income$23
Total revenueLn 12$400K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.57 Management & general $0.26 Fundraising $0.17
Program services57%$273K
Management & general26%$122K
Fundraising17%$81K
Total functional expensesLn 25$476K

Balance Sheet

Part X · end of year
CashLn 1$135K
Total assetsLn 16$184K
Total liabilitiesLn 26$111K
Total net assetsLn 32$73K
Months of cash on handcomputed3.4

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $135K · Operating expenses/yr $476K
3.4 months
Where the money goes
Program services
Program services $273K · Total expenses $476K
57%
Management & General
Management & general $122K · Total expenses $476K
26%
Fundraising
Fundraising $81K · Total expenses $476K
17%
Cost to raise $1
Fundraising expense (3-yr avg) $27K · Solicited contributions (3-yr avg) $253K
$0.11 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $332K · Total revenue $400K
83%
Government reliance
Government grants — · Total revenue $400K
Earned-income share
Program service revenue $80K · Total revenue $400K
20%
Investment reliance
Investment income $23 · Total revenue $400K
<0.01%
Program self-sufficiency
Program service revenue $80K · Total expenses $476K
17%
Growth & trend
Revenue growth (YoY)
This year $400K · Prior year $517K
-23%
Net-asset trend (YoY)
End of year $73K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $400K · Expenses $476K
-19%
Liabilities-to-Assets
Total liabilities — · Total assets $184K
Net-asset ratio
Net assets $73K · Total assets $184K
39%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $184K
0%
People & payroll
Highest Reported Total Compensation
Individual Tracey Beal · Reported title CEO · Highest reported compensation $36K · Total expenses $476K
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $250K · Total expenses $476K
52%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 57%
Overhead ratio 26%
Fundraising cost ratio 24%
Revenue growth -23%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 5%
Fundraising fee ratio 0%

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 · FY2024
See all 6 funders →
Grants paid · 1 grant · $7K · 2024–2024
Chinle School DistrictFY2024$7,000

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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)$576K revenue · ⤓ 990 PDF
FY2023$400K revenue · viewing · ⤓ 990 PDF
FY2022$517K revenue · ⤓ 990 PDF
FY2021$280K revenue · ⤓ 990 PDF
FY2020$475K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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