Feller School INC EIN 84-4960893 Form 990 (PDF) Claim this org

Feller School INC

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Educates children with dyslexia and trains teachers and parents. For fiscal year 2024 it reported $646K in revenue, $285K in expenses, and $623K in net assets.Pt I

Founded
2020
Type
Public charity (501(c)(3)) · Education
Location
Madison, WI
Website
fellerschool.org
Filings
3 on file (2022–2024)
Revenue
$646KFY2024
Expenses
$285K
Net assets
$623K
People
5
Filings
3
Updates
0
More identity details & actions ⌄
EIN  84-4960893 Public charity (501(c)(3)) Madison, WI Founded 2020
Form 990 (PDF)
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Size
$100K–1M
What they do
Educates children with dyslexia and trains teachers and parents.
Leadership
Kim Feller-Janus · President
Money in and out
$646K revenue, $285K expenses
Bottom line
79% program efficiency
Where the money goes · FY2024
Total revenue
$646K
Pt VIII · Ln 12
Total expenses
$285K
Pt IX · Ln 25
Net assets
$623K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $362K
Where spending went · Part IX cols B–D
Program services $0.79 Management & general $0.18 Fundraising $0.04
Program efficiency
79%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
26.3mo
months of highly liquid reserves at operating expense rate▲ +26% vs prior filing year
Surplus margin
+56%
revenue over expenses, this year▲ +53% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$646K
FY2024▲ +174%
Expenses
$285K
FY2024▲ +90%
Total assets
$623K
FY2024▲ +141%
Total liabilities
$0
FY2024
Total revenue
$646K
Pt VIII · Ln 12
Total expenses
$285K
Pt IX · Ln 25
Net assets
$623K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$362K
Total assetsPt X · Ln 16$623K
Program-expense ratioPt IX · col B79%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

1 program service account for $225K of program spending, described in the organization's own filed words · FY2024.
01

The First Specialized School for Dyslexia

Feller school builds a strong reading foundation to empower students with dyslexia. All students will learn to read and write, preparing them for future success. We are a non-profit, private school dedicated to providing our students with high-quality science-based reading instruction, raising public awareness about learning differences…

$225Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFeller School INC
EINHdr · item D84-4960893
Principal addressHdr · item CMadison, WI
WebsiteHdr · item Jfellerschool.org
Year of formationHdr · item L2020
State of legal domicileHdr · item MWI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B24)
Ruling yearIRS BMFJun 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b4
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
$0Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue$581K · 90%
Contributions & grants$65K · 10%
Program service revenue90%$581K
Contributions & grants10%$65K
Total revenueLn 12$646K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.79 Management & general $0.18 Fundraising $0.04
Program services79%$225K
Management & general18%$50K
Fundraising4%$10K
Total functional expensesLn 25$285K

Balance Sheet

Part X · end of year
CashLn 1$623K
Total assetsLn 16$623K
Total liabilitiesLn 26$0
Total net assetsLn 32$623K
Months of cash on handcomputed26.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $623K · Operating expenses/yr $285K
26.3 months
Where the money goes
Program services
Program services $225K · Total expenses $285K
79%
Management & General
Management & general $50K · Total expenses $285K
18%
Fundraising
Fundraising $10K · Total expenses $285K
4%
Cost to raise $1
Fundraising expense (2-yr avg) $7K · Solicited contributions (2-yr avg) $71K
$0.10 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $65K · Total revenue $646K
10%
Government reliance
Government grants — · Total revenue $646K
Earned-income share
Program service revenue $581K · Total revenue $646K
90%
Investment reliance
Investment income $0 · Total revenue $646K
0%
Program self-sufficiency
Program service revenue $581K · Total expenses $285K
204%
Growth & trend
Revenue growth (YoY)
This year $646K · Prior year $236K
+174%
Net-asset trend (YoY)
End of year $623K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $646K · Expenses $285K
+56%
Liabilities-to-Assets
Total liabilities — · Total assets $623K
Net-asset ratio
Net assets $623K · Total assets $623K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $623K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Kim Feller-Janus · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $285K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $122K · Total expenses $285K
43%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 79%
Overhead ratio 18%
Fundraising cost ratio 15%
Revenue growth 174%

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 · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$20K
See all 3 funders →

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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$236K revenue · ⤓ 990 PDF
FY2023$87K revenue · ⤓ 990 PDF
FY2022$214K 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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