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Nonprofit · EIN 84-1905316

ROOTED SCHOOL FOUNDATION

Tax-exempt (reinstated) · NEW ORLEANS, LA 70130

Financials

$555K$538K2022$690K$862K2023
Revenue Expenses · by fiscal year end
Financials of ROOTED SCHOOL FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2024990$689,715$862,076-$172,361$70,440$194,549-$124,109
June 30, 2023990 (amended)$554,705$538,270$16,435$170,641$122,389$48,252
Financial details: 990 for the year ended June 30, 2024

Revenue

Contributions, gifts and grants
$663,434
of which government grants
$312,000
Program service revenue
$26,281
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$202,703
Compensation of officers, directors and key employees
$83,307
Other salaries and wages
$165,000
Salaries, compensation and benefits (total)
$288,015
Professional fundraising fees
$0
Legal fees
$37,900
Accounting fees
$27,240
Occupancy
$7,025
Travel
$38,608
Program services (functional)
$730,166
Management and general (functional)
$130,611
Fundraising (functional)
$1,299

Balance sheet and other

Total assets, start of year
$170,641
Total assets, end of year
$70,440
Total liabilities, end of year
$194,549
Net assets, end of year
-$124,109
Net assets without donor restrictions
-$124,109
Gross receipts
$689,715
Employees
2
Volunteers
10
Year formed
2021
State of legal domicile
LA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Jonathan JohnsonFounder/CEO
Officer
40$22,740$3,297
Christopher RuszkowksiBoard Chair
Trustee or director, Officer
3$0$0
Amar PatelBoard Member
Trustee or director
3$0$0
Prateek DuttaBoard Member
Trustee or director
3$0$0
Rebecca Taber StaehelinBoard Member
Trustee or director
3$0$0
Diana ElliottBoard Member
Trustee or director
3$0$0
Kreg Steven BrownBoard Member
Trustee or director
3$0$0
Hope WollensackBoard Member
Trustee or director
3$0$0
990 for the year ended June 30, 2023: 8 people
NameTitleHours / weekCompensation
Christopher RuszkowksiPresident/Secretary
Trustee or director, Officer
3$0
Amar PatelBoard Member
Trustee or director
3$0
Prateek DuttaBoard Member
Trustee or director
3$0
Rebecca Taber StaehelinBoard Member
Trustee or director
3$0
Diana ElliottBoard Member
Trustee or director
3$0
Kreg Steven BrownBoard Member
Trustee or director
3$0
Hope WollensackBoard Member
Trustee or director
3$0
Jonathan JohnsonFounder/CEO
Officer
40$0

Address and contacts

Address (IRS master file)
612 ANDREW HIGGINS DR 2ND FLOOR, NEW ORLEANS, LA 70130-3930
Principal officer (990 for 2023)
Jonathan Johnson, 612 Andrew Higgins Dr 2nd Fl, New Orleans, LA 70130
Signed the 990
Jonathan Johnson, Founder/CEO
Phone
(504) 383-4654
990-N for 2021 filed under this EIN
Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Jonathan Johnson, 6701 PRESS DRIVE, NEW ORLEANS LA 70122. Mailing address: 6701 PRESS DRIVE, NEW ORLEANS LA 70122.
Return prepared by
Hingston Miller Hingston PLLC

Mission

Rooted School Foundation exists to reimagine the role schools play in providing students with personal pathways to financial freedom and then scaling those opportunities.

990 for the year ended June 30, 2024

Program accomplishments

  • Charter Management Organization - Rooted School Foundation (RSF) supported 3 charter schools and approximately 305 students during school year 23-24. A third Rooted charter school opened in Fall 2023.
    Expenses $148,837 · revenue $26,281
  • The $50 Study - RSF supported 82 students through their second phase of the youth cash transfer study, showing promising results. Phase III of the study begins in November 2024 with another planned 100 students receiving transfers during fiscal year 24 -25.
    Expenses $513,636 · grants $202,703
  • Green Balloon Fellowship - The Foundation is planning to expand the Green Balloon Fellowship program over time. Rooted Schools continued their work in placing graduates in internship programs and jobs right out of high school.
    Expenses $67,693

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025Not on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
84-1905316
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B12)
Assets (IRS master file)
$70,440
Income (IRS master file)
$689,715

Revocation and reinstatement

Exemption revoked
November 15, 2021
Posted by the IRS
June 13, 2022
Reinstated
Effective November 15, 2021

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2024$689,715$862,076$70,440XML
990June 2023$554,705$538,270$170,641XML
990-N for 2021
Officer: Jonathan Johnson
Filed under this EIN, most likely by a chapter or affiliate
June 30, 2022≤ $50,000 receipts––e-Postcard
990-EZJune 2022–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-1905316).

Questions about ROOTED SCHOOL FOUNDATION

What is the EIN of ROOTED SCHOOL FOUNDATION?
The employer identification number (EIN) of ROOTED SCHOOL FOUNDATION is 84-1905316.
Is ROOTED SCHOOL FOUNDATION tax-exempt?
Yes. The IRS revoked its exemption on November 15, 2021 and reinstated it effective November 15, 2021.
Are donations to ROOTED SCHOOL FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ROOTED SCHOOL FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ROOTED SCHOOL FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ROOTED SCHOOL FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2024.
Who is the principal officer of ROOTED SCHOOL FOUNDATION?
The 990 for the year ended June 30, 2024 names Jonathan Johnson.
Who are the officers and directors of ROOTED SCHOOL FOUNDATION?
The 990 for the year ended June 30, 2024 lists 8 people; 1 received compensation from the organization, the highest $22,740 (Jonathan Johnson, Founder/CEO).
How much revenue does ROOTED SCHOOL FOUNDATION have?
On its 990 for the year ended June 30, 2024 it reported revenue of $689,715, expenses of $862,076 and total assets of $70,440 at year end.

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