Civic Intelligence

The Speed School Fund

990 • Fiscal year 2019 • EIN 36-4817073

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 21, 2020

745 Atlantic AvenueBoston, MA 02111

(781) 333-8317

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

20th percentile

0.01x

Higher debt load relative to assets than 20% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

15th percentile

0.02x

Higher debt load relative to revenue than 15% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

92nd percentile

56%

Higher net margin than 92% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

89th percentile

$307,637

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 4.8% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

95th percentile

75%

Faster asset growth than 95% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

86th percentile

37%

Faster revenue growth than 86% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$8,462,428

Up $3,623,343 (+75%) from 2018

Net Assets

Up

$8,347,394

Up $3,573,401 (+75%) from 2018

Liabilities

Up

$115,034

Up $49,942 (+77%) from 2018

Revenue

Up

$6,343,913

Up $1,724,715 (+37%) from 2018

Expenses

Down

$2,776,246

Down $138,844 (-4.8%) from 2018

Net Income

Up

$3,567,667

Up $1,863,559 (+109%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2016: $2,733,501Liabilities 2016: $243,800Net Assets 2016: $2,489,7012016Assets 2017: $3,388,661Liabilities 2017: $318,776Net Assets 2017: $3,069,8852017Assets 2018: $4,839,085Liabilities 2018: $65,092Net Assets 2018: $4,773,9932018Assets 2019: $8,462,428Liabilities 2019: $115,034Net Assets 2019: $8,347,3942019Assets 2020: $9,325,417Liabilities 2020: $94,321Net Assets 2020: $9,231,0962020Assets 2021: $11,864,333Liabilities 2021: $72,849Net Assets 2021: $11,791,4842021Assets 2022: $12,992,092Liabilities 2022: $213,862Net Assets 2022: $12,778,2302022Assets 2023: $14,874,896Liabilities 2023: $319,071Net Assets 2023: $14,555,8252023Assets 2024: $17,743,962Liabilities 2024: $381,452Net Assets 2024: $17,362,5102024

Highlighted filing

2019

Assets$8,462,428
Liabilities$115,034
Net Assets$8,347,394

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0Revenue 2016: $6,167,018Expenses 2016: $3,677,317Net Income 2016: $2,489,7012016Revenue 2017: $4,910,175Expenses 2017: $4,329,991Net Income 2017: $580,1842017Revenue 2018: $4,619,198Expenses 2018: $2,915,090Net Income 2018: $1,704,1082018Revenue 2019: $6,343,913Expenses 2019: $2,776,246Net Income 2019: $3,567,6672019Revenue 2020: $4,097,339Expenses 2020: $3,340,007Net Income 2020: $757,3322020Revenue 2021: $6,889,780Expenses 2021: $4,205,577Net Income 2021: $2,684,2032021Revenue 2022: $8,018,871Expenses 2022: $6,992,865Net Income 2022: $1,026,0062022Revenue 2023: $11,533,486Expenses 2023: $9,768,661Net Income 2023: $1,764,8252023Revenue 2024: $14,330,335Expenses 2024: $11,429,764Net Income 2024: $2,900,5712024

Highlighted filing

2019

Revenue$6,343,913
Expenses$2,776,246
Net Income$3,567,667
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 21, 2020
Return Version
2019v5.1
Gross Receipts
$6,343,913
Mission and Program Overview

Mission

See schedule othe luminos fund is dedicated to creating education innovations to unlock the light within every child. By developing and scaling innovative approaches to learning for the most vulnerable children, we're able to work at the margins of the education system, in a space where we can create real change. As we scale pioneering, new approaches to bring quality education to children in the greatest need, we work together with local governments to drive systems-level change.

The luminos fund is dedicated to ensuring every child has the chance to learn. We use innovative approaches to bring rich education to the poorest corners of the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$3,518,860$5,539,571▲ $2,020,711
Cash and Non-Interest-Bearing Accounts$1,248,857$2,818,838▲ $1,569,981
Prepaid Expenses and Deferred Charges$42,366$16,056▼ $26,310
Accounts Receivable-$8,124-
Total Assets$4,839,085$8,462,428▲ $3,623,343
Other Assets Total$29,002$79,839▲ $50,837
Liabilities
Accounts Payable and Accrued Expenses$65,092$115,034▲ $49,942
Total Liabilities$65,092$115,034▲ $49,942
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,926,534$6,279,541▲ $3,353,007
Net Assets Without Donor Restrictions$1,847,459$2,067,853▲ $220,394
Total Net Assets Fund Balance$4,773,993$8,347,394▲ $3,573,401
Total Liabilities and Net Assets / Fund Balance$4,839,085$8,462,428▲ $3,623,343
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Caitlin BaronCEOFT$250,000$57,637$307,637
Mubuso ZamchiyaManaging DirectorFT$200,000$42,995$242,995
Nikita KhoslaSenior Director of ProgramsFT$132,252$28,534$160,786

Board Members and Trustees

NameTitle
Alan MccormickChair
Andrew DoustDirector
Philip VassiliouDirector
Rob VickersDirector/secretary
Colin WebbDirector/VP/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,343,913
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$6,343,913
Change in Net Assets
$3,567,667

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,343,913
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$6,343,913
Total Revenue per Form 990
$6,343,913
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,225,759
Salaries, Compensation, and Employee Benefits$904,162
Other Expenses$646,325
Total Fundraising Expense$290,802
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$1,187,346--$1,187,346
Other Salaries and Wages$310,661$51,454$94,758$456,873
Current Officers, Directors, Trustees, and Key Employees$123,055$61,527$123,055$307,637
Other Expenses$280,857--$280,857
Travel$76,870$22,242$13,573$112,685
Other Employee Benefits$60,035$10,150$20,358$90,543
Fees for Services Other$5,600$74,925-$80,525
Advertising$66,631$1,117$6,676$74,424
Payroll Taxes$29,492$6,157$13,460$49,109
Grants to Domestic Orgs$38,413--$38,413
Occupancy$23,836$4,547$9,094$37,477
Office Expenses$10,543$9,303$5,384$25,230
Fees for Services Accounting$9,819$9,438-$19,257
Insurance$9,205$2,221$4,444$15,870
Total Functional Expenses$2,232,363$253,081$290,802$2,776,246

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,776,246
Total Expenses per Audited Statements$2,776,246
Total Expenses per Form 990$2,776,246
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Geneva GlobalPaoli, PA-Projects Within Ethiopia$38,413

International Summary

Offices
1
Employees
2
Spending
$1,187,345

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Middle East and North AfricaGrantmakingGrants to Recipients00$498,274
Sub-saharan AfricaGrantmakingGrants to Recipients00$451,283
Sub-saharan AfricaProgram ServicesProgram Support in Liberia.12$237,788
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is prepared in conjunction with the external auditors of the organization. When complete, it is sent electronically to the board of directors for review before it is finalized and filed with the irs.

Form 990, Part VI, Section B, Line 12C

The organization has a comprehensive conflict of interest policy that includes a definition of what conflict of interest means, processes to notify relevant parties, procedures to recuse conflicted individuals, and action needed to document the steps that were taken. Each board member is required to complete an annual conflict of interest statement. The signed statements are reviewed by the board and retained on file.

Form 990, Part VI, Section B, Line 15

The board of directors has determined compensation for the organization's key employees.

Form 990, Part VI, Section C, Line 19

The luminos fund makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Luminos Fund
EIN
36-4817073
Phone
7813338317
Address
745 ATLANTIC AVENUE, BOSTON, MA 02111

Signing Officer

Name
Caitlin Baron
Title
CEO
Phone
6102540000
Signed
2020-07-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Caitlin Baron
Formed
2015
Legal Domicile
Pa
Voting Board Members
5
Independent Board Members
5
Employees
6
Volunteers
5

Preparer

Firm
Kevin P Martin & Associates Pc
Address
10 FORBES WEST, BRAINTREE, MA 02184
Preparer
Jolanta Tuck CPA
Phone
7813803520
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Foreing currency transaction gain 5,734.

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. Accordingly, no provision or liability for income taxes has been recorded in the financial statements. The organization has no unrecognized income tax benefits at december 31, 2019. In addition, the organization has no income tax related penalties or interest for the periods reported in these financial statements.

Raw XML AppendixShowing 400 of 557 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt065092
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0115034
IRS990/AccountsReceivableGrp/EOYAmt08124
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE LUMINOS FUND IS DEDICATED TO ENSURING EVERY CHILD HAS THE CHANCE TO LEARN. WE USE INNOVATIVE APPROACHES TO BRING RICH EDUCATION TO THE POOREST CORNERS OF THE WORLD.
IRS990/AdvertisingGrp/FundraisingAmt06676
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01117
IRS990/AdvertisingGrp/ProgramServicesAmt066631
IRS990/AdvertisingGrp/TotalAmt074424
IRS990/AllOtherContributionsAmt06343913
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0ANH LE
IRS990/BooksInCareOfDetail/PhoneNum07813338317
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0745 ATLANTIC AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0BOSTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002111
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01248857
IRS990/CashNonInterestBearingGrp/EOYAmt02818838
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt0123055
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt061527
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0123055
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0307637
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt06343913
IRS990/CYGrantsAndSimilarPaidAmt01225759
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0646325
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt03567667
IRS990/CYSalariesCompEmpBnftPaidAmt0904162
IRS990/CYTotalExpensesAmt02776246
IRS990/CYTotalFundraisingExpenseAmt0290802
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt06343913
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0TO DATE, LUMINOS HAS ENABLED OVER 100,000 CHILDREN WHO WERE DENIED THE CHANCE TO LEARN AND TO GET BACK TO SCHOOL. THROUGH OUR INNOVATIVE APPROACH, WE ENABLE CHILDREN TO COVER THE FIRST THREE YEARS OF SCHOOLING IN JUST TEN MONTHS. THIS READIES THEM TO MAINSTREAM BACK INTO THEIR LOCAL SCHOOL, ALONGSIDE THEIR PEERS. WE WORK THROUGH LOCAL NGOS TO ADVANCE OUR JOYFUL LEARNING APPROACH, A HOLISTIC, FIVE-SENSES, APPROACH TO LEARNING. TOGETHER WE ARE WORKING TO UNLOCK THE LIGHT IN EVERY CHILD.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt02926534
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt06279541
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt02232363
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt09438
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt09819
IRS990/FeesForServicesAccountingGrp/TotalAmt019257
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt074925
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt05600
IRS990/FeesForServicesOtherGrp/TotalAmt080525
IRS990/ForeignActivitiesInd01
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignGrantsGrp/ProgramServicesAmt01187346
IRS990/ForeignGrantsGrp/TotalAmt01187346
IRS990/ForeignOfficeInd01
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt540647
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt628534
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt742995
IRS990/Form990PartVIISectionAGrp/PersonNm0ALAN MCCORMICK
IRS990/Form990PartVIISectionAGrp/PersonNm1ROB VICKERS
IRS990/Form990PartVIISectionAGrp/PersonNm2COLIN WEBB
IRS990/Form990PartVIISectionAGrp/PersonNm3ANDREW DOUST
IRS990/Form990PartVIISectionAGrp/PersonNm4PHILIP VASSILIOU
IRS990/Form990PartVIISectionAGrp/PersonNm5CAITLIN BARON
IRS990/Form990PartVIISectionAGrp/PersonNm6NIKITA KHOSLA
IRS990/Form990PartVIISectionAGrp/PersonNm7MUBUSO ZAMCHIYA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5266990
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6132252
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7200000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR/VP/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt6SENIOR DIRECTOR OF PROGRAMS
IRS990/Form990PartVIISectionAGrp/TitleTxt7MANAGING DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02015
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt01225759
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt038413
IRS990/GrantsToDomesticOrgsGrp/TotalAmt038413
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt06343913
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/FundraisingAmt04444
IRS990/InsuranceGrp/ManagementAndGeneralAmt02221
IRS990/InsuranceGrp/ProgramServicesAmt09205
IRS990/InsuranceGrp/TotalAmt015870
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SEE SCHEDULE OTHE LUMINOS FUND IS DEDICATED TO CREATING EDUCATION INNOVATIONS TO UNLOCK THE LIGHT WITHIN EVERY CHILD. BY DEVELOPING AND SCALING INNOVATIVE APPROACHES TO LEARNING FOR THE MOST VULNERABLE CHILDREN, WE'RE ABLE TO WORK AT THE MARGINS OF THE EDUCATION SYSTEM, IN A SPACE WHERE WE CAN CREATE REAL CHANGE. AS WE SCALE PIONEERING, NEW APPROACHES TO BRING QUALITY EDUCATION TO CHILDREN IN THE GREATEST NEED, WE WORK TOGETHER WITH LOCAL GOVERNMENTS TO DRIVE SYSTEMS-LEVEL CHANGE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd01
IRS990/NetAssetsOrFundBalancesBOYAmt04773993
IRS990/NetAssetsOrFundBalancesEOYAmt08347394
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01847459
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02067853
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt09094
IRS990/OccupancyGrp/ManagementAndGeneralAmt04547
IRS990/OccupancyGrp/ProgramServicesAmt023836
IRS990/OccupancyGrp/TotalAmt037477
IRS990/OfficeExpensesGrp/FundraisingAmt05384
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09303
IRS990/OfficeExpensesGrp/ProgramServicesAmt010543
IRS990/OfficeExpensesGrp/TotalAmt025230
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt029002
IRS990/OtherAssetsTotalGrp/EOYAmt079839
IRS990/OtherChangesInNetAssetsAmt05734
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt020358
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt010150
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt060035
IRS990/OtherEmployeeBenefitsGrp/TotalAmt090543
IRS990/OtherExpensesGrp/Desc0PROGRAM DELIVERY
IRS990/OtherExpensesGrp/ProgramServicesAmt0280857
IRS990/OtherExpensesGrp/TotalAmt0280857
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt094758
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt051454
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0310661
IRS990/OtherSalariesAndWagesGrp/TotalAmt0456873
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt013460
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06157
IRS990/PayrollTaxesGrp/ProgramServicesAmt029492
IRS990/PayrollTaxesGrp/TotalAmt049109
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt03518860
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt05539571
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt042366
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt016056
IRS990/PrincipalOfficerNm0CAITLIN BARON
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04619198
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01554069
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0563832
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01704108
IRS990/PYSalariesCompEmpBnftPaidAmt0797189
IRS990/PYTotalExpensesAmt02915090
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04619198
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt03567667
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt06343913
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04619198
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt04910175
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt06167018
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt022040304
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt016971916
IRS990ScheduleA/SubstantialContributorsTotAmt05068388
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt06343913
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04619198
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt04910175
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt06167018
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt022040304
IRS990ScheduleA/TotalSupportAmt022040304
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02776246
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt06343913
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN RECORDED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION HAS NO UNRECOGNIZED INCOME TAX BENEFITS AT DECEMBER 31, 2019. IN ADDITION, THE ORGANIZATION HAS NO INCOME TAX RELATED PENALTIES OR INTEREST FOR THE PERIODS REPORTED IN THESE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt02776246
IRS990ScheduleD/TotalRevenuePerForm990Amt06343913
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06343913
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02776246
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt22
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt21
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0498274
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt1451283
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt2237788
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0MIDDLE EAST AND NORTH AFRICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1SUB-SAHARAN AFRICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2SUB-SAHARAN AFRICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0GRANTS TO RECIPIENTS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1GRANTS TO RECIPIENTS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2PROGRAM SUPPORT IN LIBERIA.
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0GRANTMAKING
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1GRANTMAKING
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd01
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0342925
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt1100000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt267322
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt396444
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt4111528
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt555349
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt668540
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt75000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt8101026
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt1WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt2WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt3WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt4WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt5WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt6WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt7WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt8WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt10
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt20
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt30
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt40
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt50
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt60
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt70
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt80
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0PROJECTS WITHIN LEBANON
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1PROJECTS WITHIN LEBANON
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt2PROJECTS WITHIN LIBERIA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt3PROJECT WITHIN ETHIOPIA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt4PROJECTS WITHIN LIBERIA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt5PROJECTS WITHIN LEBANON
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt6PROJECTS WITIN LIBERIA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt7PROJECTS WITHIN LIBERIA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt8PROJECTS WITHIN ETHIOPIA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0MIDDLE EAST AND NORTH AFRICA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt1MIDDLE EAST AND NORTH AFRICA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt2SUB-SAHARAN AFRICA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt3SUB-SAHARAN AFRICA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt4SUB-SAHARAN AFRICA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt5MIDDLE EAST AND NORTH AFRICA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt6SUB-SAHARAN AFRICA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt7SUB-SAHARAN AFRICA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt8SUB-SAHARAN AFRICA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc1FMV
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc2FMV
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc3FMV
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc4FMV
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc5FMV
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc6FMV
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc7FMV
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc8FMV
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt02
IRS990ScheduleF/SubtotalOfficesCnt01
IRS990ScheduleF/SubtotalSpentAmt01187345
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0THE CHARITY UNDERTAKES A REVIEW OF PROPOSED GRANTS AND PENDING A POSITIVE INITIAL REVIEW, THE PROPOSAL MOVES INTO A DUE DILIGENCE PROCESS DESIGNED TO PROVIDE THE GRANT MANAGER WITH A COMPREHENSIVE UNDERSTANDING OF THE ORGANIZATION-INCLUDING FINANCIAL HISTORY AND EXPERIENCE-AND THE PROJECT-INCLUDING OVERALL GOALS, SPECIFIC OUTPUTS, AND THE MEASURABLE IMPACT OF THE PROJECT ON THE INTENDED SECTOR. AFTER A PROJECT IS APPROVED, THE CHARITY CONDUCTS ONGOING MONITORING AND EVALUATION OF THE PROGRESS, WHICH INCLUDES REVIEWING NARRATIVE REPORTS AND HOLDING REGULAR CHECK-IN CALLS AND CAN ALSO INCLUDE PERIODIC SITE VISITS AND COMPLIANCE CHECKS. THE CHARITY DETERMINES THE SPECIFIC MONITORING AND EVALUATION PLAN FOR EACH PROJECT BASED ON THE EXPERIENCE OF THE GRANTEE, COMPLEXITY AND INNOVATIVENESS OF THE PROJECT, AND PROJECT TIMELINE. THROUGHOUT THE PROJECT, THE CHARITY WORKS CLOSELY WITH EACH GRANTEE ORGANIZATION TO ENSURE SUCCESS AND BUILD CAPACITY WHERE NECESSARY.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1PART III ACCOUNTING METHOD:
IRS990ScheduleF/Total501c3OrgCnt09
IRS990ScheduleF/TotalEmployeeCnt02
IRS990ScheduleF/TotalOfficeCnt01
IRS990ScheduleF/TotalSpentAmt01187345
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt038413
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PROJECTS WITHIN ETHIOPIA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0GENEVA GLOBAL
IRS990ScheduleI/RecipientTable/RecipientEIN0233026787
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01536 E LANCASTER AVENUE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0PAOLI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0PA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd019301
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0BOOK
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings