PITCH IN
Mission Statement
Despite the curveballs that life circumstances may throw, everyone deserves a chance to reach their full potential, regardless of resources or geography. The Wood Family Foundation facilitates relationships between school partners and families that provide support and opportunities to empower youth to succeed in middle school, high school, and beyond. Specifically, the Wood Family Foundation’s premiere program, Pitch In, deeply engages with our partner schools to improve the culture of the middle grades by adding capacity that aligns to the principal’s vision, providing access to an abundance of resources, and focusing on not only our students, but also their families. Pitch In’s after-school program employs high-quality mentoring relationships and exposure to unique experiences to ensure our students develop the mindsets necessary to transition to high school successfully.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
84.1% | 90.2% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
15.9% | 7.9% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 7.3% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
0.3 mo | 95.2 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
52.0% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 90.4% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-20.4% | 18.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-9.0% | 6.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-45.3% | 1.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $668K | $970K | $27K | 84.1% | 14 |
| 2023 | $839K | $1.1M | $330K | 50.4% | 10 |
| 2022 | $647K | $857K | $558K | 65.3% | 10 |
| 2021 | $1.1M | $863K | N/A | — | 7 |
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