Charity Search / FRIENDS OF SWS
Education (B11) IRS Verified DX Registered 990 on File

FRIENDS OF SWS

EIN: 45-5306104 · WASHINGTON, DC 20002-5324 · United States · FY 2023 Data
3 out of 5 56 / 100 Based on 2+ years of filings
Financial strength (30%) 89/100
Reliability (20%) 50/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Mission Statement

As stated in our Articles of Incorporation, Friends of SWS exists to promote and support the ongoing educational programming, staff professional development, and future growth of School-Within-School, a District of Columbia public school (DCPS). We fulfill this purpose through raising and managing private funds to augment funding the school receives from the D.C. government. Friends of SWS does not in any way manage the school’s operations, or make curriculum and staffing decisions. We also pursue private foundation grants and other donations of money, goods, and services in support of the school’s needs. This fundraising effort, conducted primarily by members of the Friends of SWS Board of Directors through their relationships in the local and national community, accounts for roughly 10% of our annual fundraising efforts. As of October 2012, Friends of SWS has applied for eight of grants and so far has received two corporate and foundation grants. Funds raised through the above activities support the organization’s purpose by providing training and development for teachers and professional staff, funding the delivery of special course offerings at the school, such as music and movement, funding special educational modules, and funding outlays for supplies and equipment that would not be covered by other funding sources (or where there are gaps from other funding sources). The School-Within-School mission and philosophy is to support and develop children’s potential through a child-centered, collaborative teaching and learning environment inspired by the philosophy and practice of the Reggio Schools in Reggio Emilia, Italy. Because DCPS does not provide teacher and staff training and development specific to the Reggio Emilia pedagogy, Friends of SWS raises the funds necessary to make these critical educational components available to the students.

Financial Overview — FY 2023
$207K
Total Revenue
$139K
Total Expenses
$527K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 91.8%
Fundraising Efficiency 0.0%
Operating Reserve 45.48x
Liability-to-Asset 0.0%
Revenue Diversification 98.1%
Compared with Peers
FY 2023
Compared with 21,283 similar organizations (United States, Education, $100K–$1M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
91.8% 88.7%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
8.2% 8.8%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
0.0% 1.9%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
45.5 mo 9.7 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 0.5%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
98.1% 90.2%
P10P90
Below median
Revenue growth
Year over year revenue growth
24.6% 8.6%
P10P90
Expense growth
Year over year expense growth
-4.9% 13.1%
P10P90
Surplus margin
Surplus as a share of revenue
32.9% 2.3%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $207K $139K $527K 91.8% 0
2022 $166K $146K $459K 94.3% 0
2021 $115K $91K N/A — 0
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Organization Details
EIN
45-5306104
State
DC
City
WASHINGTON
ZIP
20002-5324
Classification
B11
Category
Education
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
2012
Foundation Code
15
Form 990
On File
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