Achievement First
Achievement First reported $54.9 million in revenue and $50.9 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $82.58 went to program services, $15.54 to management and general costs and $1.88 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 66.6% of the total. The highest compensation it reported for one person was $423,292 (CEO). 135 people received more than $100,000 in reportable compensation. Revenue rose 19% 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 $51MFor 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 $55MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 82.6% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 15.5% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.9% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.13 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 13.8% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 66.6% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $423,292 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.83% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 135 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 8.8 | 13.3 |
| Independent voting board members Part VI 1a–1b | 10 of 10 | 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 expenseEducational, financial and management services to charter schools in connecticut, new york and rhode island
School grants: to provide assistance to a network of k-12 public charter schools in connecticut, rhode island, and new york. The network of schools focuses on providing students with the academic and character skills they need to graduate from top colleges, to succeed in a competitive world, and to serve as the next generation of leaders of their communities. Contributions, gifts, and grants were received by the organization which were used to cover the expenses of these programs
Improvement of educational experiences related to preparation and success in college, innovation in elementary school design, parent and community engagement and, sharing educational practices with traditional public and other charter schools
Highest 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 |
|---|---|---|---|---|
| CEO Officer, 40.00 hrs/week | $418,392 | $0 | $4,900 | $423,292 |
| CHIEF STRATEGY OFFICER Highest compensated employee, 40.00 hrs/week | $212,422 | $0 | $44,625 | $257,047 |
| CHIEF PEOPLE OFFICER Highest compensated employee, 40.00 hrs/week | $251,265 | $0 | $0 | $251,265 |
| CHIEF ACADEMIC OFFICER Highest compensated employee, 40.00 hrs/week | $219,369 | $0 | $12,693 | $232,062 |
| CHIEF OF SCHOOLS, HIGH SCHOOL Highest compensated employee, 40.00 hrs/week | $213,343 | $0 | $14,016 | $227,359 |
| CHIEF OF SUPPORT SERVICES Highest compensated employee, 40.00 hrs/week | $209,942 | $0 | $12,490 | $222,432 |
135 people received more than $100,000 in reportable compensation from Achievement First (Part VII, line 2). Compensation of current officers, directors and key employees totaled $420K (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–1b10 · 10 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- 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 4Yes
- 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 5290
- Volunteers Part I, line 610
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| ATTUNED EDUCATION PARTNERS LLC Consulting services | $776,800 |
| APRIO LLP Consulting services | $592,152 |
| COHNREZNICK LLP Audit & tax services | $372,306 |
| EFFECTIVE SCHOOL SOLUTIONS LLC Consulting services | $260,100 |
| REBECCA C DUKES SCHOOLHOUSE MENTORING LL Consulting services | $174,663 |
Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.
Private foundation grants it received
18 private foundations reported grants to Achievement First totaling $5.3M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Achievement First's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Achievement First, you can publish a response that is linked from this page.
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Of every $100 Achievement First spent in FY2025, $82.58 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Orange County Head StartSanta Ana, CA · revenue $55M · programs 86.4% · FY2025
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- Flint Hill SchoolOakton, VA · revenue $55M · programs 90.0% · FY2025
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Questions people ask
How much of Achievement First's spending goes to programs?
In the fiscal year ending June 30, 2025, Achievement First reported that 82.6% of its $50.9 million in expenses went to program services, 15.5% to management and general and 1.9% to fundraising (Form 990, Part IX).
How much does Achievement First pay its top executive?
The largest total compensation Achievement First reported for one person in the fiscal year ending June 30, 2025 was $423,292, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Achievement First get its money?
Of $54.9 million in revenue in the fiscal year ending June 30, 2025, 13.8% came from contributions and grants and 66.6% from program service revenue (Form 990, Part VIII).
Is Achievement First a registered charity?
The IRS lists EIN 65-1203744 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 202611339349300006 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531359349311478 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421229349300637 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321249349300802 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201329349301110 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141209349301219 · read the filing
All filings for EIN 65-1203744: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.