Adopt-a-student Foundation
Only null% goes to programs Strong reserves Declining revenue
Adopt-a-student Foundation is a 501(c)(3) organization based in Boston, Massachusetts, registered in 1991, with $13,154,733 in FY2024 revenue. CharityIndex grades it C+.
74 Union Park St, Boston, MA, 02118 EIN 04-6665080 Since 1991
Revenue (FY2024)
$13.2M
▼ 6.7% vs prior year
Education median: $200K
Expenses (FY2024)
$5.3M
Net assets
$73.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Adopt-a-student Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating168 mo reserves · +60% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Adopt-a-student Foundation: 168 mo reserves · +60% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Adopt-a-student Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Adopt-a-student Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 74 Union Park St, Boston, MA, 02118
- City
- Boston
- State
- Massachusetts
- Category
- Education
- Subcategory
- Student Services & Aid
Financial trends
Revenue grew from $1.4M (FY2014) to $13.2M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $112KNet assets $73.6M
Operating margin
59.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$73.7M
Total liabilities
$112K
Net assets
$73.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $13,154,733▼6.7% | $5,273,288▲17.9% | $73,633,264▲18.6% | $73,745,147▲18.6% | 990 |
| 2023 | $14,101,454▲20.6% | $4,473,990▲22.3% | $62,090,091▲29.6% | $62,199,439▲29.7% | 990 |
| 2022 | $11,690,518▼51.7% | $3,658,166▼9.1% | $47,922,503▲35.9% | $47,963,651▲35.6% | 990 |
| 2021 | $24,201,045▲444% | $4,025,120▲86.4% | $35,256,360▲68.3% | $35,377,425▲68.4% | 990 |
| 2020 | $4,447,090▲39.2% | $2,159,565▲31.2% | $20,944,743▲50667% | $21,004,199▲20542% | 990 |
| 2019 | $3,193,700▼12.6% | $1,645,475▲9.9% | $41,257▼91.6% | $101,757▼81.1% | 990 |
| 2018 | $3,653,195▲0.9% | $1,496,635▼5.8% | $493,032▲46.5% | $538,532▲41.9% | 990 |
| 2017 | $3,621,682▲5.9% | $1,589,310▲3.3% | $336,472▲10.6% | $379,519▲7.1% | 990 |
| 2016 | $3,419,816▼8.9% | $1,537,893▼6.9% | $304,100▼28.0% | $354,248▼25.9% | 990 |
| 2015 | $3,754,405▲170% | $1,651,224▲32.6% | $422,177▲32.3% | $477,822▲25.7% | 990 |
| 2014 | $1,389,129 | $1,245,447▼23.1% | $318,996▼30.2% | $380,212▼20.6% | 990 |
| 2012 | — | $1,618,644▼3.9% | $456,888▲7.1% | $478,801▲0.8% | 990 |
| 2011 | — | $1,684,059 | $426,758 | $475,184 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $10.5M total
19 grants to Adopt-a-student Foundation totaling $10.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Endowment Foundation | General operating support | 2024 | $775,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $5,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $1,155,220 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2023 | $200,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $5,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $1,906,803 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2022 | $200,000 |
| Fidelity Non-profit Management Foundation | Scholarships | 2021 | $3,000,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $681,300 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $681,300 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $512,930 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $387,250 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2018 | $372,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2017 | $321,600 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2016 | $303,100 |
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Frequently asked questions
- Is Adopt-a-student Foundation a legitimate nonprofit?
- Yes. Adopt-a-student Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-6665080, based in Boston, Massachusetts. Donations are tax-deductible.
- What is Adopt-a-student Foundation's EIN?
- Adopt-a-student Foundation's Employer Identification Number (EIN) is 04-6665080.
- How much revenue does Adopt-a-student Foundation report?
- Adopt-a-student Foundation reported $13,154,733 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Adopt-a-student Foundation have?
- CharityIndex grades Adopt-a-student Foundation C+, based on financial health (reserves and operating margin).
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Explore more
Data for Adopt-a-student Foundation (EIN 04-6665080) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.