Charter Foundation EIN 94-3314538

Charter Foundation

EIN  94-3314538 Public charity (501(c)(3)) Sebastopol, CA
Form 990 (PDF) Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Charter Foundation claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Supports charter schools using the Waldorf Curriculum with facilities and resources.
Leadership
James Korzo · Director
Money in and out
$248K revenue, $243K expenses
Bottom line
96% program efficiency

Supports charter schools using the Waldorf Curriculum with facilities and resources. For fiscal year 2025 it reported $248K in revenue, $243K in expenses, and $4.4M in net assets.Pt I

Where the money goes · FY2025
Total revenue
$248K
Pt VIII · Ln 12
Total expenses
$243K
Pt IX · Ln 25
Net assets
$4.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $5K
Where spending went · Part IX cols B–D
Program services $0.96 Management & general $-0.02 Fundraising $0.06
Program efficiency
96%
of spending reaches programs▲ +7% vs prior filing year
Operating runway
51.3mo
months of highly liquid reserves at operating expense rate▲ +48% vs prior filing year
Surplus margin
+2%
revenue over expenses, this year▲ +106% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$248K
FY2025▲ +12%
Expenses
$243K
FY2025▼ -21%
Total assets
$9.4M
FY2025▼ -2%
Total liabilities
$4.9M
FY20250%
Total revenue
$248K
Pt VIII · Ln 12
Total expenses
$243K
Pt IX · Ln 25
Net assets
$4.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$5K
Total assetsPt X · Ln 16$9.4M
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $233K of program spending, described in the organization's own filed words · FY2024.
01

The Foundation is a non-profit corporation formed in 1998 to raise money for the creation and ongoing support of Sebastopol Charter School. The funding for the Foundation comes principally from the pledge donations of our school families, along with various fundraising programs and events throughout the year.

$233Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCharter Foundation
EINHdr · item D94-3314538
Principal addressHdr · item CSebastopol, CA
WebsiteHdr · item Jthecharterfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFJan 1999

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
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 · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Director
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
See Charter Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants$283K · 114%
Investment income$25K · 10%
Program service revenue$23K · 9%
Contributions & grants114%$283K
Investment income10%$25K
Program service revenue9%$23K
Total revenueLn 12$248K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $-0.02 Fundraising $0.06
Program services96%$233K
Fundraising6%$14K
Total functional expensesLn 25$243K

Balance Sheet

Part X · end of year
CashLn 1$1.0M
Total assetsLn 16$9.4M
Total liabilitiesLn 26$4.9M
Total net assetsLn 32$4.4M
Months of cash on handcomputed51.2

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.0M · Operating expenses/yr $243K
51.3 months
Where the money goes
Program services
Program services $233K · Total expenses $243K
96%
Management & General
Management & general $-4K · Total expenses $243K
-2%
Fundraising
Fundraising $14K · Total expenses $243K
6%
Cost to raise $1
Fundraising expense (3-yr avg) $11K · Solicited contributions (3-yr avg) $281K
$0.04 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $283K · Total revenue $248K
114%
Government reliance
Government grants — · Total revenue $248K
Earned-income share
Program service revenue $23K · Total revenue $248K
9%
Investment reliance
Investment income $25K · Total revenue $248K
+10%
Program self-sufficiency
Program service revenue $23K · Total expenses $243K
9%
Growth & trend
Revenue growth (YoY)
This year $248K · Prior year $222K
+12%
Revenue CAGR
FY2019 $102K · FY2024 $248K
+20%
Net-asset trend (YoY)
End of year $4.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $248K · Expenses $243K
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $9.4M
Net-asset ratio
Net assets $4.4M · Total assets $9.4M
48%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $1K · Total assets (Pt X, ln 16) $9.4M
0%
People & payroll
Highest Reported Total Compensation
Individual James Korzo · Reported title Director · Highest reported compensation $0 · Total expenses $243K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $82K · Total expenses $243K
34%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 96%
Overhead ratio -2%
Fundraising cost ratio 5%
Revenue growth 12%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
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
Total grants receivedfrom 1 funder$20K
Grants paid · 4 grants · $461K · 2019–2024
Sebastopol Ind Charter SchoolFY2024$150,000
Sebastopol Ind Charter SchoolFY2023$181,551
Sebastopol Ind Charter SchoolFY2021$5,020
Sebastopol Ind Charter SchoolFY2019$124,222

Similar Organizations

Closest in mission — by what they do
See all organizations like Charter Foundation →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$248K revenue · viewing · ⤓ 990 PDF
FY2024$222K revenue · ⤓ 990 PDF
FY2023$187K revenue · ⤓ 990 PDF
FY2022$116K revenue · ⤓ 990 PDF
FY2021$110K revenue · ⤓ 990 PDF
FY2020$102K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.