Civic Intelligence

Greatschools Inc

EIN 94-3311628 • 501(c)3 • Oakland, CA

Profile

GreatSchools is the leading nonprofit providing high-quality information that supports parents pursuing a great education for their child, schools striving for excellence, and communities working to diminish inequities in education.

66 Franklin St 300Oakland, CA 94607

www.greatschools.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.21x

Higher debt load relative to assets than 60% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

57th percentile

0.21x

Higher debt load relative to revenue than 57% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

7th percentile

-44%

Higher net margin than 7% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

91st percentile

$365,547

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 5.8% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

4th percentile

-29%

Faster asset growth than 4% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

7th percentile

-39%

Faster revenue growth than 7% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$5,593,234

Down $2,249,591 (-29%) from 2023

Liabilities

Up

$1,163,419

Up $192,223 (+20%) from 2023

Net Assets

Down

$4,429,815

Down $2,441,814 (-36%) from 2023

Revenue

Down

$5,495,210

Down $3,576,226 (-39%) from 2023

Expenses

Up

$7,937,024

Up $312,361 (+4.1%) from 2023

Net Income

Down

-$2,441,814

Down $3,888,587 (-269%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $5,875,864Liabilities 2010: $915,036Net Assets 2010: $4,960,8282010Assets 2011: $7,965,109Liabilities 2011: $611,353Net Assets 2011: $7,353,7562011Assets 2012: $7,348,958Liabilities 2012: $652,919Net Assets 2012: $6,696,0392012Assets 2013: $4,252,716Liabilities 2013: $960,243Net Assets 2013: $3,292,4732013Assets 2014: $6,412,561Liabilities 2014: $2,186,203Net Assets 2014: $4,226,3582014Assets 2015: $5,911,463Liabilities 2015: $1,847,261Net Assets 2015: $4,064,2022015Assets 2016: $4,559,265Liabilities 2016: $885,843Net Assets 2016: $3,673,4222016Assets 2017: $5,668,767Liabilities 2017: $823,398Net Assets 2017: $4,845,3692017Assets 2018: $5,771,752Liabilities 2018: $772,045Net Assets 2018: $4,999,7072018Assets 2019: $4,871,055Liabilities 2019: $661,056Net Assets 2019: $4,209,9992019Assets 2020: $7,007,983Liabilities 2020: $946,290Net Assets 2020: $6,061,6932020Assets 2021: $7,609,862Liabilities 2021: $933,146Net Assets 2021: $6,676,7162021Assets 2022: $6,359,794Liabilities 2022: $934,938Net Assets 2022: $5,424,8562022Assets 2023: $7,842,825Liabilities 2023: $971,196Net Assets 2023: $6,871,6292023Assets 2024: $5,593,234Liabilities 2024: $1,163,419Net Assets 2024: $4,429,8152024

Highlighted filing

2024

Assets$5,593,234
Liabilities$1,163,419
Net Assets$4,429,815

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2010: $9,070,472Expenses 2010: $8,307,829Net Income 2010: $762,6432010Revenue 2011: $10,702,203Expenses 2011: $8,308,796Net Income 2011: $2,393,4072011Revenue 2012: $9,558,795Expenses 2012: $10,216,847Net Income 2012: -$658,0522012Revenue 2013: $7,749,807Expenses 2013: $11,153,461Net Income 2013: -$3,403,6542013Revenue 2014: $11,767,328Expenses 2014: $10,474,799Net Income 2014: $1,292,5292014Revenue 2015: $10,774,696Expenses 2015: $10,936,852Net Income 2015: -$162,1562015Revenue 2016: $8,833,965Expenses 2016: $9,224,745Net Income 2016: -$390,7802016Revenue 2017: $8,227,097Expenses 2017: $7,055,150Net Income 2017: $1,171,9472017Revenue 2018: $7,238,925Expenses 2018: $7,084,587Net Income 2018: $154,3382018Revenue 2019: $5,819,900Expenses 2019: $6,609,608Net Income 2019: -$789,7082019Revenue 2020: $8,153,549Expenses 2020: $6,301,855Net Income 2020: $1,851,6942020Revenue 2021: $7,265,817Expenses 2021: $6,650,794Net Income 2021: $615,0232021Revenue 2022: $6,319,120Expenses 2022: $7,570,980Net Income 2022: -$1,251,8602022Revenue 2023: $9,071,436Expenses 2023: $7,624,663Net Income 2023: $1,446,7732023Revenue 2024: $5,495,210Expenses 2024: $7,937,024Net Income 2024: -$2,441,8142024

Highlighted filing

2024

Revenue$5,495,210
Expenses$7,937,024
Net Income-$2,441,814

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.59$1.16$4.43$5.50$7.94$2.44
2023Summary only. Only limited summary data is available for this year.$7.84$0.97$6.87$9.07$7.62$1.45
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.36$0.93$5.42$6.32$7.57$1.25
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.61$0.93$6.68$7.27$6.65$0.62
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.01$0.95$6.06$8.15$6.30$1.85
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.87$0.66$4.21$5.82$6.61$0.79
2018Summary only. Only limited summary data is available for this year.$5.77$0.77$5.00$7.24$7.08$0.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.67$0.82$4.85$8.23$7.06$1.17
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.56$0.89$3.67$8.83$9.22$0.39
2015Summary only. Only limited summary data is available for this year.$5.91$1.85$4.06$10.8$10.9$0.16
2014Summary only. Only limited summary data is available for this year.$6.41$2.19$4.23$11.8$10.5$1.29
2013Summary only. Only limited summary data is available for this year.$4.25$0.96$3.29$7.75$11.2$3.40
2012Summary only. Only limited summary data is available for this year.$7.35$0.65$6.70$9.56$10.2$0.66
2011Summary only. Only limited summary data is available for this year.$7.97$0.61$7.35$10.7$8.31$2.39
2010Summary only. Only limited summary data is available for this year.$5.88$0.92$4.96$9.07$8.31$0.76
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 12, 2023
Return Version
2022v5.0
Gross Receipts
$6,319,120
Mission and Program Overview

Mission

Our mission is to give children a greater opportunity to succeed in life by inspiring and supporting/providing parents with tools to be effective champions of education at home and in their communities.

GreatSchools is the leading nonprofit providing high-quality information that supports parents pursuing a great education for their child, schools striving for excellence, and communities working to diminish inequities in education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$4,720,778$4,862,781▲ $142,003
Accounts Receivable$683,947$666,586▼ $17,361
Pledges and Grants Receivable$1,825,000$500,000▼ $1,325,000
Prepaid Expenses and Deferred Charges$318,283$291,561▼ $26,722
Land, Buildings, and Equipment, Net$47,283$24,295▼ $22,988
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$7,609,862$6,359,794▼ $1,250,068
Other Assets Total$14,571$14,571→ $0
Liabilities
Deferred Revenue$527,689$527,114▼ $575
Accounts Payable and Accrued Expenses$405,457$407,824▲ $2,367
Total Liabilities$933,146$934,938▲ $1,792
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,143,491$3,344,290▼ $799,201
Net Assets With Donor Restrictions$2,533,225$2,080,566▼ $452,659
Total Net Assets Fund Balance$6,676,716$5,424,856▼ $1,251,860
Total Liabilities and Net Assets / Fund Balance$7,609,862$6,359,794▼ $1,250,068

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$24,295$305,439$329,734
Leasehold Improvements-$52,969$52,969
Other Land Buildings-$30,979$30,979
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jonathan DeaneCEOFT$314,521$51,026$365,547
Carissa S GouxExec VP, StrtgyFT$174,884$46,807$221,691
Elliot BeaudoinChief Product Off.FT$190,938$24,803$215,741
Anthony RoyVP, EngineeringFT$167,526$47,888$215,414
Carol LloydVP, Editorial DirectorFT$158,401$22,490$180,891
Mitchell SeltzerDirector Sftwr Eng.FT$167,833$3,174$171,007

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$3,277,932
Program Service Revenue
$1,849,628
Investment Income
$1,148
Other Revenue
$1,190,412
All Other Contributions
$3,277,932
Change in Net Assets
$-1,251,860

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,319,120
Revenue Not Reported on Form 990
$59,808
Total Revenue per Audited Statements
$6,378,928
Total Revenue per Form 990
$6,319,120
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,900,517
Other Expenses$1,670,463
Total Fundraising Expense$386,968
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,796,929$525,529$236,850$4,559,308
Other Employee Benefits$510,822$70,702$31,865$613,389
Current Officers, Directors, Trustees, and Key Employees$304,423$42,134$18,990$365,547
Payroll Taxes$301,696$41,757$18,820$362,273
Advertising$228,378$31,610$14,246$274,234
Information Technology$160,762$19,083$6,485$186,330
All Other Expenses$108,982$14,667$6,328$129,977
Occupancy$92,257$10,971$3,728$106,956
Conferences and Meetings$60,737$8,411$3,791$72,939
Fees for Services Other$55,689$7,707$3,474$66,870
Fees for Services Accounting$53,971$7,470$3,366$64,807
Other Expenses$44,649$6,180$2,785$53,614
Insurance$27,576$3,348$1,192$32,116
Depreciation Depletion$19,829$2,358$801$22,988
Office Expenses$5,250$705$305$6,260
Fees for Services Legal$600$83$37$720
Total Functional Expenses$6,316,069$867,943$386,968$7,570,980

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,630,788
Expenses per Audited Statements$7,570,980
Total Expenses per Form 990$7,570,980
Expenses Not Reported on Form 990$59,808
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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
Yes
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

Form 990 will be sent to the Board for review prior to submission to the IRS.

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

The Board makes periodic inquiries regarding potential conflict of interest during scheduled Board meetings.

Form 990, Part VI, Section B, Line 15A

When hiring the CEO, the Board will perform a thorough review to determine suitable compensation. This process may include a review of comparability data such as compenstion surveys, written employment contracts and form 990's of similar organizations. The Board will retain documentation of the deliberation and final decision. When hiring other key employees, the Chief of Staff will perform a thorough review to determine suitable compensation. This process includes a review of the comparability data from tools such as Payscale. The Chief of Staff will retain documentation of the deliberation and final decision.

Form 990, Part VI, Section B, Line 15B

The same process described above for the CEO and top management also applies to key employees.

Form 990, Part VI, Section C, Line 19

GreatSchools Form 990 and Financial Statements are available via a link on the GreatSchools website. Form 990-T, and goverance policies are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
GreatSchools Inc
EIN
94-3311628
Phone
5105605986
Address
66 Franklin St 300, Oakland, CA 94607

Signing Officer

Name
Jonathan Deane
Title
CEO
Signed
2023-11-12
Discuss with paid preparer
No

Organization Details

Principal Officer
My Le Nguyen
Formed
1998
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
49

Preparer

Firm
Fontanello Duffield & Otake LLP
Address
44 Montgomery Street Suite 1305, San Francisco, CA 94104
Preparer
Erik Satow
Phone
4159830200
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

There is no provision for federal or state taxes on income since the Organization is a tax-exempt entity under Internal Revenue Codes 501(c)(3) and California Revenue and Taxation Code 23701(d). The Organization has evaluated its current tax position and has concluded that as of December 31, 2022, the Organization does not have any uncertain tax positions for which a reserve would be necessary and no unrelated business taxable income arising from website activity subject to taxation.

Raw XML AppendixShowing 400 of 609 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.

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