Philanthropy & Grantmaking
(T30)
IRS Verified
DX Registered
990 on File
IRVINE PUBLIC SCHOOLS FOUNDATION
Financial strength (30%)
80/100
Reliability (20%)
55/100
Effectiveness (25%)
100/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Mission Statement
The mission of the Irvine Public Schools Foundation is to enrich the educational experience of each child in every school. We achieve this by providing programs, raising funds and uniting the community in support of educational excellence.
Financial Overview — FY 2023
$7.0M
Total Revenue
$7.3M
Total Expenses
$6.8M
Net Assets
279
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
83.5%
Fundraising Efficiency
429.9%
Operating Reserve
11.29x
Liability-to-Asset
24.6%
Revenue Diversification
56.4%
Executive Compensation
$764K
Compared with Peers
FY 2023
Compared with 7,741 similar organizations
(United States, Philanthropy & Grantmaking, $1M–$10M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
83.5% | 91.8% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
8.6% | 8.1% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
7.9% | 1.9% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
429.9% | 145.3% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
11.3 mo | 80.2 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
24.6% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
56.4% | 90.3% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
11.3% | 3.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
19.0% | 6.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-3.9% | -4.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $7.0M | $7.3M | $6.8M | 83.5% | 279 |
| 2022 | $6.3M | $6.1M | $6.9M | 83.5% | 232 |
| 2021 | $4.2M | $5.3M | N/A | — | 172 |
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