Rooted School INC FY2023 filing

Tax-deductible

Indianapolis, IN501(c)(3)EducationEIN 83-3795565Revenue $3.1M in FY2023

On file with the IRSrootedschoolindy.org5750 E 30th St, 46218-3314 · Indianapolis, INTax-exempt since Feb 2020School — 170(b)(1)(A)(ii)

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We exist to provide our students personal pathways to financial freedom.

501(c)(3) charity; gifts are tax-deductible.
71¢ of each $1 spent went to programs.
$126K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · 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
4 of 5
filings with a surplus
Average surplus $269K a year · 11% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
71%
of spending
Fine: 71% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$126K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 5.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $34K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$356K
24% of total assets
Looks good: liabilities are 24% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.1M
+79% vs prior year
Spent
$2.5M
To programs
71%
Net assets
$1.2M
By yearFY2021–FY2025
Revenue
$3.1M
FY2023▲ +79%
Tap a bar for its year
Revenue by fiscal year
FY2021$1.6M
FY2022$1.7M
FY2023$3.1M
FY2024$2.8M
FY2025$3.5M
Expenses
$2.5M
FY2023▲ +54%
Tap a bar for its year
Expenses by fiscal year
FY2021$1.2M
FY2022$1.6M
FY2023$2.5M
FY2024$3.0M
FY2025$3.1M
Net assets
$1.2M
FY2023▲ +94%
Tap a bar for its year
Net assets by fiscal year
FY2021$511K
FY2022$597K
FY2023$1.2M
FY2024$991K
FY2025$1.4M

From the FY2023 Form 990 (year ending June 2023) · 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 Feb 2020.

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

Where the money goes

71 cents of each dollar spent went to programs.

Program services 71% · $1.8M Management & general 29% · $724K

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

10 people listed on the 990; $126K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Executive Director
$125,615Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Ma'at Lands’s $144K as Executive Director is at the 61st percentile of top reported officer pay among 3395 $1–10M 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 · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Ma'at Lands$143,716$125,615$125,615$118,437$98,592
Bianca Baird$46,923————
Candace Carr————$12,039

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

Empowers students with personalized plans for financial independence.

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Provided by the organization

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3 programs · $1.8M · in their own filed words · FY2022
01

100% of our middle school students take high school courses that prepare them to take dual credit college courses starting their freshman year in high school.

$1.8Mprogram expense
02

100% of our students are enrolled in tech classes that are preparing them for jobs and careers in tech. Students also have the oppportunity to participate in internships starting their junior year.

Pt IX · col B
03

100% of our juniors and seniors are enrolled in dual credit college courses which will prepare them to be college ready when they graduate.

Pt IX · col B

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$34K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$3.1M
Ln 12
Gifts and grantsLn 1h$3.0M
Fees for servicesLn 2g$49K
Money outPt IX
$2.5M
Ln 25
Programscol B$1.8M
Managementcol C$724K
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$1.5M
LiabilitiesLn 26$356K
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.0M
Government grantsLn 1e$2.0M
Fees for servicesLn 2g$49K
Total revenueLn 12$3.1M
Assets in detailPt X, end of year
CashLn 1$1.1M
Cash and savings togetherLn 1–2$1.1M
Land, buildings, equipmentLn 10c$49K
Other assetsLn 15$207K
Total assetsLn 16$1.5M
LiabilitiesLn 26$356K
Net assetsLn 32$1.2M
OperationsPt I, VI
EmployeesI 512
VolunteersI 69
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$903K$1.1M
Land, buildings, equipmentLn 10c$53K$49K
Total assetsLn 16$1.1M$1.5M
LiabilitiesLn 26$528K$356K
Net assetsLn 32$597K$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$101K$72K$29K
Other salaries and wagesLn 7$939K$684K$255K
Pension plan contributionsLn 8$1K$607$808
Other employee benefitsLn 9$147K$40K$106K
Payroll taxesLn 10$73K$54K$19K
Legal feesLn 11b$5K$5K
Accounting feesLn 11c$8K$8K
Other fees for servicesLn 11g$459K$286K$173K
Advertising and promotionLn 12$32K$32K
Office expensesLn 13$83K$35K$48K
Information technologyLn 14$173K$173K
OccupancyLn 16$98K$98K
TravelLn 17$28K$5K$23K
Depreciation, depletion and amortizationLn 22$16K$16K
InsuranceLn 23$15K$15K
Other expenses (24a–d)Ln 24$325K$317K$8K
All other expensesLn 24e$3K$3K
Total functional expensesLn 25$2.5M$1.8M$724K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $3.5M$3.1M$458K$1.4M 990 PDF
FY2024 $2.8M$3.0M−$166K$991K 990 PDF
FY2023 Viewing $3.1M$2.5M$560K$1.2M 990 PDF
FY2022 $1.7M$1.6M$87K$597K 990 PDF
FY2021 $1.6M$1.2M$408K$511K 990 PDF

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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 $3,064,770 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,650,740$3,015,892
I-9 Program service revenuePrior year $0$48,878
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $62,361$0
I-12 Total revenuePrior year $1,713,101$3,064,770
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 $846,304$1,261,125
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $779,880$1,244,046
I-18 Total expensesPrior year $1,626,184$2,505,171
I-19 Revenue less expensesPrior year $86,917$559,599
Part VI · Governance 9 of 9 board members independent, 1 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,064,770 across 6 lines filed
VIII-1a Federated campaigns$224,780
VIII-1e Government grants$1,952,858
VIII-1f All other contributions, gifts and grants$838,254
VIII-1h Total contributions, gifts and grants$3,015,892
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $48,878$48,878
VIII-12 Total revenueRelated to mission $48,878 · Unrelated business $0 · Excluded from tax $0$3,064,770
Part IX · Statement of functional expenses $2,505,171 across 17 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $71,945 · Management $28,924$100,869
IX-7 Other salaries and wagesPrograms $684,445 · Management $254,599$939,044
IX-8 Pension plan contributionsPrograms $607 · Management $808$1,415
IX-9 Other employee benefitsPrograms $40,342 · Management $106,283$146,625
IX-10 Payroll taxesPrograms $53,930 · Management $19,242$73,172
IX-11b Legal feesManagement $5,470$5,470
IX-11c Accounting feesManagement $7,800$7,800
IX-11g Other fees for servicesPrograms $286,292 · Management $173,010$459,302
IX-12 Advertising and promotionManagement $31,816$31,816
IX-13 Office expensesPrograms $34,943 · Management $47,594$82,537
IX-14 Information technologyPrograms $173,119$173,119
IX-16 OccupancyPrograms $98,094$98,094
IX-17 TravelPrograms $4,860 · Management $22,954$27,814
IX-22 Depreciation, depletion and amortizationPrograms $16,153$16,153
IX-23 InsuranceManagement $14,800$14,800
IX-24 Other expenses (24a–d)Programs $316,769 · Management $7,846$324,615
IX-24e All other expensesManagement $2,526$2,526
IX-25 Total functional expensesPrograms $1,781,499 · Management $723,672 · Fundraising $0$2,505,171
Part X · Balance sheet $1,512,920 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $903,054$1,138,673
X-3 Pledges and grants receivableStart of year $169,623$118,106
X-10c Land, buildings and equipment, netStart of year $53,202$49,349
X-15 Other assetsStart of year $0$206,792
X-16 Total assetsStart of year $1,125,879$1,512,920
X-17 Accounts payable and accrued expensesStart of year $482,792$126,826
X-24 Unsecured notes and loans payableStart of year $45,600$22,216
X-25 Other liabilitiesStart of year $0$206,792
X-26 Total liabilitiesStart of year $528,392$355,834
X-27 Net assets without donor restrictionsStart of year $597,487$1,157,086
X-32 Total net assets or fund balancesStart of year $597,487$1,157,086
X-33 Total liabilities and net assetsStart of year $1,125,879$1,512,920
Part XI · Reconciliation of net assets $1,157,086 net assets at year end
XI-1 Total revenue$3,064,770
XI-2 Total expenses$2,505,171
XI-3 Revenue less expenses$559,599
XI-4 Net assets at start of year$597,487
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,157,086

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

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