Rethinking Schools Limited is a 501(c)(3) organization based in Milwaukee, Wisconsin, registered in 1991, with $1,025,097 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.0M
▼ 7.5% vs prior year
Education median: $200K
Expenses (FY2024)
$842K
Net assets
$560K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Rethinking Schools Limited— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Rethinking Schools Limited: 8 mo reserves · +18% margin earns a A on this criterion. See the exact thresholds →
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 Rethinking Schools Limited— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Rethinking Schools Limited: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $698K (FY2015) to $1.0M (FY2024) across 10 reported years.
Financial snapshot
Operating margin
17.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$652K
Total liabilities
$92K
Net assets
$560K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,025,097▼7.5% | $842,349▼18.2% | $559,702▲48.5% | $651,876▲35.0% | 990 |
| 2023 | $1,107,721▲24.7% | $1,029,549▼8.5% | $376,954▲26.2% | $482,865▼0.5% | 990 |
| 2022 | $888,223▼15.0% | $1,124,749▼6.7% | $298,782▼44.5% | $485,296▼31.2% | 990 |
| 2021 | $1,045,261▼30.1% | $1,205,740▼7.3% | $538,691▼23.0% | $705,851▼20.1% | 990 |
| 2020 | $1,495,790▲30.9% | $1,300,810▲28.5% | $699,170▲38.7% | $883,156▲12.6% | 990 |
| 2019 | $1,142,405▼0.7% | $1,012,667▲4.9% | $504,190▲34.6% | $784,189▲62.4% | 990 |
| 2018 | $1,150,339▲39.5% | $965,135▲18.0% | $374,452▲98.4% | $482,903▲82.2% | 990 |
| 2017 | $824,520▲0.8% | $817,568▲7.4% | $188,698▲3.8% | $265,024▼4.2% | 990 |
| 2016 | $818,254▲17.2% | $760,970▲3.7% | $181,746▲46.0% | $276,656▲26.3% | 990 |
| 2015 | $698,100 | $734,079 | $124,462 | $219,030 | 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.
43 grants to Rethinking Schools Limited totaling $455K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Impactassets Inc | General support | 2024 | $30,000 |
| The Seattle Foundation | To support the palestine spring issue proposal. | 2024 | $10,000 |
| The Seattle Foundation | To provide general support | 2024 | $500 |
| New Venture Fund | Youth development and education | 2023 | $41,500 |
| Common Counsel Foundation | General operating | 2023 | $30,000 |
| Donor Advised Charitable Giving | Education | 2023 | $10,100 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $9,350 |
| Common Counsel Foundation | General operating support | 2022 | $30,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $13,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $5,750 |
| Common Counsel Foundation | General support | 2021 | $20,000 |
| Network For Good Inc | Unrestricted | 2021 | $19,703 |
| Donor Advised Charitable Giving | Education | 2021 | $12,350 |
| East Bay Community Foundation | General support | 2021 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $6,750 |
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Data for Rethinking Schools Limited (EIN 39-1696524) 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.