Southwest Charter Foundation
Southwest Charter Foundation reported $101.2 million in revenue and $100.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $89.53 went to program services, $10.47 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 95.7% of the total. Government grants made up 93.1%. The highest compensation it reported for one person was $188,762 (FELLOW PRINCIPAL). 8 people received more than $100,000 in reportable compensation. Revenue rose 75% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $100MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $101MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 89.5% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 10.5% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 95.7% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 93.1% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 2.8% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $188,762 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.19% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 8 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | -0.2 | 13.3 |
| Independent voting board members Part VI 1a–1b | 7 of 7 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseHighest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| FELLOW PRINCIPAL Key employee, 40.00 hrs/week | $151,037 | $0 | $37,725 | $188,762 |
| HEAD OF SCHOOL Highest compensated employee, 40.00 hrs/week | $145,368 | $0 | $14,537 | $159,905 |
| FELLOW PRINCIPAL Key employee, 40.00 hrs/week | $150,079 | $0 | $7,897 | $157,976 |
| FELLOW PRINCIPAL Key employee, 40.00 hrs/week | $150,086 | $0 | $1,931 | $152,017 |
| FELLOW PRINCIPAL Highest compensated employee, 40.00 hrs/week | $119,285 | $0 | $656 | $119,941 |
| PRINCIPAL Highest compensated employee, 40.00 hrs/week | $111,371 | $0 | $4,455 | $115,826 |
| SCHOLAR PRINCIPAL Highest compensated employee, 40.00 hrs/week | $106,095 | $0 | $8,739 | $114,834 |
| ASSOCIATE PRINCIPAL Highest compensated employee, 40.00 hrs/week | $101,320 | $0 | $6,377 | $107,697 |
8 people received more than $100,000 in reportable compensation from Southwest Charter Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $513K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b7 · 7 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13No
- Document retention policy Part VI 14No
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 51,098
- Volunteers Part I, line 6630
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| CHARTER SCHOOLS USA INC Management fees | $6,959,017 |
| 10JIN LLC Tech services | $1,264,249 |
| PROGRESSUS THERAPY LLC Student therapy | $1,241,745 |
| ABC MECHANICAL LLC Hvac service | $666,311 |
| RED APPLE SERVICES LLC Facility - custodial | $159,821 |
Individuals listed as contractors are left out. 9 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Southwest Charter Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Southwest Charter Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Southwest Charter Foundation spent in FY2025, $89.53 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Granada Hills CharterGranada Hills, CA · revenue $101M · programs 71.4% · FY2025
- Albion CollegeAlbion, MI · revenue $101M · programs 89.0% · FY2025
- Child Development Resources of Ventura CountyOxnard, CA · revenue $101M · programs 93.4% · FY2025
- University of Nevada Reno FoundationReno, NV · revenue $102M · programs 82.7% · FY2025
- Iowa Student Loan Liquidity CorporationWest Des Moines, IA · revenue $100M · programs 95.0% · FY2025
Questions people ask
How much of Southwest Charter Foundation's spending goes to programs?
In the fiscal year ending June 30, 2025, Southwest Charter Foundation reported that 89.5% of its $100.1 million in expenses went to program services, 10.5% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Southwest Charter Foundation pay its top executive?
The largest total compensation Southwest Charter Foundation reported for one person in the fiscal year ending June 30, 2025 was $188,762, for the role of FELLOW PRINCIPAL (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Southwest Charter Foundation get its money?
Of $101.2 million in revenue in the fiscal year ending June 30, 2025, 95.7% came from contributions and grants (including 93.1% from government grants) and 2.8% from program service revenue (Form 990, Part VIII).
Is Southwest Charter Foundation a registered charity?
The IRS lists EIN 01-0561262 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611359349302516 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511359349305346 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411369349307831 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341289349301904 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221309349301012 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121239349301607 · read the filing
All filings for EIN 01-0561262: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.