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Education : Scholarship and Financial Support

Children's Scholarship Fund Philadelphia

Hope, Opportunity, Success

four stars

95.72

100 South Broad Street Suite 1200
Philadelphia, PA 19110
tel: (215) 670-8411   Web Site
EIN: 23-3078729

Board Leadership
Patrick J. Burke
Chair

CEO
James E. Robinson
Interim Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 95.72 four stars
  Financial 93.95 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 12/01/2019 and includes data from FY2018, the most recent 990 received at that time.

Children's Scholarship Fund Philadelphia (CSFP) is a privately-funded program, established in 1998, whose mission is to broaden educational opportunities for K-8th grade students from low-income families in Philadelphia by providing them with tuition assistance. These four-year scholarships are need-based and awarded by random lottery. Currently, approximately 5,200 children have a CSFP scholarship to attend a private, parochial or other tuition-based community school. CSFP has awarded over 24,500 scholarships chosen from 175,000 applications in the last seventeen years.

Children's Scholarship Fund Philadelphia (CSFP) is a privately-funded program, established in 1998, whose mission is to broaden educational opportunities for K-8th grade students from low-income families in Philadelphia by providing them with tuition assistance. These four-year scholarships are need-based and awarded by random lottery. Currently, approximately 5,200 children have a CSFP scholarship to attend a private, parochial or other tuition-based community school. CSFP has awarded over 24,500 scholarships chosen from 175,000 applications in the last seventeen years.

Impact Information

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Charting Impact

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What have and haven't you accomplished so far?

This impact information is current as of March 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

four stars

93.95

Accountability & Transparency

four stars

100.00

This rating was published 12/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
93.6%
  Administrative Expenses 2.4%
  Fundraising Expenses 3.8%
  Fundraising Efficiency $0.03
  Working Capital Ratio (years) 1.59
  Program Expenses Growth 4.0%
  Liabilities to Assets 1.5%
All data for Financial Performance Metrics calculations was provided by Children's Scholarship Fund Philadelphia on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Children's Scholarship Fund Philadelphia on recent 990s filed with the IRS.

Constituent Voice

Charity Navigator believes collecting feedback from the people an organization serves can make it more effective. That is why we're partnering with GuideStar by Candid to share Constituent Voice information with you. Here's how this organization is listening and learning from its constituents:
How is the organization collecting feedback?
Electronic surveys (by email, tablet, etc), Paper surveys, Focus groups or interviews (by phone or in person), Community meetings or town halls, Constituent (client or resident, etc) advisory committees
How is the organization using feedback?
To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve
With whom is the organization sharing feedback?
Our staff, Our board, Our funders, Our community partners
What challenges does the organization face when collecting feedback?
We don't have the right technology to collect and aggregate feedback efficiently, It is difficult to find the ongoing funding to support feedback collection
Describe a recent change in your organization that resulted from feedback.
Note: This organization did not answer this question
This Constituent Voice information is provided to us by Candid. At this time, Constituent Voice information published on this organization's page has no effect on its rating per our methodology.

Highly Rated

Charity Name & State Overall Score Overall Rating
Children's Scholarship Fund Philadelphia (PA) 95.72 four stars
Take Stock in Children Palm Beach County (FL) 93.38 four stars
Daniel Murphy Scholarship Fund (IL) 88.19 three stars
Astronaut Scholarship Foundation Inc. (FL) 87.07 three stars
I Know I Can (OH) 95.00 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $13,331,275
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $13,331,275
   Program Service Revenue $108,438
Total Primary Revenue $13,439,713
   Other Revenue $196,348
TOTAL REVENUE $13,636,061
   
EXPENSES  
   Program Expenses $10,877,931
   Administrative Expenses $305,657
   Fundraising Expenses $448,658
TOTAL FUNCTIONAL EXPENSES $11,632,246
   
Payments to Affiliates $0
Excess (or Deficit) for the year $2,003,815
   
Net Assets $18,373,352

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Scholarship Awards $10,877,931 100.0%

Ratings History
Children's Scholarship Fund Philadelphia has received 8 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 12/01/2019 95.72 four stars
2017-12 02/01/2019 98.87 four stars
2016-12 04/01/2018 100.00 four stars
2015-12 05/01/2017 97.17 four stars
2014-12 08/01/2016 100.00 four stars
2014-12 06/01/2016 97.17 four stars
 
CN 2.0
2014-12 04/01/2016 97.13 four stars
2013-12 05/01/2015 94.30 four stars
2012-12 10/01/2013 94.15 four stars
2011-12 06/01/2013 97.09 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 23-3078729
Name in IRS Master File CHILDREN SCHOLARSHIP FUND PHILADELPHIA
NTEE Code B82
NTEE Classification Scholarships, Student Financial Aid Services, Awards
NTEE Type Educational Institutions and Related Activities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date June, 2001
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2018
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
Compensation % of Expenses Paid to Title
$180,000 1.54% Heather Weiss Frattone Executive Director
Other Salaries of Note
$100,207 0.86% Ina Lipman Former Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Children's Scholarship Fund Philadelphia (PA) 95.72 four stars
Simon Youth Foundation (IN) 88.20 three stars
The Francis Ouimet Scholarship Fund (MA) 91.63 four stars
Scholarship America (MN) 87.80 three stars
Burger King McLamore Foundation (FL) 94.34 four stars

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Constituent Voice

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Charity Contact Info

Children's Scholarship Fund Philadelphia
100 South Broad Street
Suite 1200
Philadelphia, PA 19110
tel: (215) 670-8411
fax: (215) 670-5899
EIN: 23-3078729

Visit Web Site

Board Leadership

Patrick J. Burke
Chair

CEO

James E. Robinson
Interim Executive Director

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