Innovate Public Schools
Build the parent and community demand for world-class public schools, and to accelerate the growth of these schools, particularly for low-income students, students of colors, and students with special needs.
Key facts about Innovate Public Schools
- EIN
- 46-2155826
- Latest 990 filing
- Form 990, 2025
- Total assets
- $4,795,248
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$4.8M
-25.4% YoY
Revenue
$3.4M
-8.8% YoY
Net Investment Income
$137K
-7.7% YoY
Expenses
$4.7M
-21.5% YoY
About Innovate Public Schools
Based on IRS filings
Innovate Public Schools is a public charity, based in Menlo Park, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $4.8M in total assets. Net investment income was $137K.
Focus Areas
Ready to take the next step with Innovate Public Schools?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2022, annual grant giving ranged from $19K (2020) to $156K (2022). In 2022 it made 4 grants totaling $156K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
7 grants across all recorded years
The most common grant size was in the $50–100K range: 6 grants of 7 (86%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $4,795,248 | $6,429,725 | $8,687,484 |
| Revenue | $3,362,425 | $3,685,203 | $6,940,086 |
| Expenses | $4,736,721 | $6,030,648 | $7,565,819 |
| Net Investment Income | $136,614 | $147,959 | $146,058 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS February 11, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS February 23, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS February 15, 2023)
- IRS filings on file for fiscal years 2020–2025
Leadership & Key People
Officers and directors from IRS filings
Innovate Public Schools is led by Michelle Vilchez, CEO since 2023 (on filings since 2020); 6 of 13 officers listed in 2025 are compensated.
Officers on the 2025 filing
Michelle Vilchez
CEO
Board Chair Co-Ceo → Co-Ceo & CEO, 2022
Co-Ceo & CEO → CEO, 2023
On filings since 2020
40 hrs/week
$159K (2022) → $201K (2025)
Antonio Gutierrez
Chair
Director → Chair, 2024
On filings since 2023
1 hr/week
No compensation reported
Kathy Dominguez
Director
On filings since 2023
1 hr/week
No compensation reported
Orson Aguilar
Director
On filings since 2023
1 hr/week
No compensation reported
Pastor Peter Watts
Director
On filings since 2023
1 hr/week
No compensation reported
Vincent Quan
Director
On filings since 2023
1 hr/week
No compensation reported
Emma Hiza
Director
New on the 2025 filing
1 hr/week
No compensation reported
Jose Arenas
High Comptroller
Vice President & Community Organizing → Vice President & Organizing, 2022
Vice President & Organizing → High Comptroller, 2024
On filings since 2020
40 hrs/week
$134K (2020) → $166K (2025)
Hannah Gravette
High Comptroller
Regional Vice President → High Comptroller, 2024
On filings since 2021
40 hrs/week
$141K (2021) → $155K (2025)
Celia Benavides
High Comptroller
On filings since 2024
40 hrs/week
$136K (2024) → $144K (2025)
Terrance Watson
High Comptroller
On filings since 2024
40 hrs/week
$136K (2024) → $146K (2025)
Sean Michael Hardy
High Comptroller
New on the 2025 filing
40 hrs/week
$130K (2025)
Jon Dean
Treasurer
On filings since 2023
1 hr/week
No compensation reported
Former officers (22)
- Former: Alex Cortez (2020–2024) — Secretary
- Former: Rocsana Enriquez (2020–2024) — Vice Chair
- Former: Jamilah Prince-Stewart (2021–2024) — Director
- Former: Arleen Vargas (2024) — High Comptroller
- Former: Alicia Gallegos Fambrini (2020–2022) — Board Member
- Former: Eric Scroggins (2020–2022) — Board Member
- Former: Geraldine Anderson (2020–2022) — Board Member
- Former: Greg Gallo (2020–2022) — Board Treasurer
- Former: Leon Beauchman (2020–2022) — Board Member
- Former: Marc Tarpenning (2020–2022) — Board Treasurer
- Former: Matthew Hammer (2020–2022) — Founder & Co-Ceo
- Former: Thu Anh Tran (2020–2022) — Vice President & Schools
- Former: Cedric Nelms (2021–2022) — Board Member
- Former: Claire Fisher (2021–2022) — Board Member
- Former: Krystle Onibokun (2021–2022) — Vice President, Finance & Strategy
- Former: Marchelle Moten (2022) — Rvp Peninsula
- Former: Miguel Rodriguez (2022) — Regional Vice President
- Former: Annalise Waterman Roy (2020–2021) — Vice President, Partnerships & Finance
- Former: Betsabe Castro (2020–2021) — Director & Finance
- Former: Carol Hedgspeth (2020–2021) — Vice President, Talent & Operations
- Former: Corey Timpson (2020) — Director & National Organizing
- Former: Jorge Titinger (2020) — Board Member
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $201K, to Michelle Vilchez (CEO). 6 officers or directors reported compensation on that filing.
Frequently asked questions about Innovate Public Schools
How large is Innovate Public Schools?
Innovate Public Schools reported $4.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $3.4M.
Where does Innovate Public Schools operate?
Innovate Public Schools has awarded grants in California, Florida, Ohio, South Carolina.
What is Innovate Public Schools's EIN?
Innovate Public Schools's EIN (Employer Identification Number) is 46-2155826. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Innovate Public Schools by hand.
Explore Open Grants
Browse active grant opportunities in Innovate Public Schools's focus areas in our free grants database
Similar Funders
Funders with grantees in common
New Schools Fund
Oakland, CA
NewSchools funds early-stage K–12 education organizations and initiatives focused on innovative schools, learning solutions, teaching, learning differences, and diverse leaders and racial equity, with its general opportunity open to applicants nationwide. General grants are typically $150,000–$250,000 for one year; the profile does not state whether it accepts unsolicited requests.
Assets
$70.9M
Grants
102
Total Given
$19.4M
Walton Family Foundation Inc
Bentonville, AR
The Walton Family Foundation funds K–12 education, river and ocean conservation, and quality-of-life initiatives in Northwest Arkansas and the Arkansas-Mississippi Delta; its grants also support organizations and projects elsewhere in the U.S. Its 2024 grants had a median of $200,000, with awards ranging from $1,000 to $35.6 million. It does not accept unsolicited requests except from eligible public charter school developers applying to its startup grant program; other organizations must first submit a letter of inquiry and await an invitation.
Assets
$6.1B
Grants
1,020
Total Given
$562.3M
Adecco Group US Charities Inc
Jacksonville, FL
ADECCO GROUP US CHARITIES INC supports women’s economic advancement and leadership, girls’ access to STEM, and community services. In 2024, its 15 grants ranged from $500 to $162,000, with a median of $10,000; most funding went to organizations in New York, followed by Washington, DC, North Carolina, Florida, and Massachusetts. The filing points applicants to “Statements” for application details, but does not state whether unsolicited requests are accepted.
Assets
$250K
Grants
15
Total Given
$501K
The Heal Foundation Inc
Ponte Vedra Beach, FL
The Heal Foundation funds autism-related education, therapy, recreation, camps, and family support, primarily through Florida organizations and community programs. In 2025, its 42 grants ranged from $1,000 to $7,776, with a median of $2,000. The profile does not state whether it accepts unsolicited requests.
Assets
$639K
Grants
42
Total Given
$122K
Charles and Helen Schwab Foundation
San Francisco, CA
The Charles and Helen Schwab Foundation funds education nationally and housing and homelessness in the Bay Area, with an emphasis on racial equity and historically marginalized communities. Its 2024 grants ranged from $100 to $3 million, with a median award of $250,000. It does not accept unsolicited requests and gives only to preselected charitable organizations.
Assets
$542.3M
Grants
96
Total Given
$34.8M
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
Urban League of Broward County Inc
Fort Lauderdale, FL
To enable African-American and others in historically underserved communities secure economic self-reliance, parity, power, and civil rights.
Assets
$21.9M
Grants
8
Total Given
$2.7M
Mufg Union Bank Foundation Ag
Milwaukee, WI
The foundation’s 2022 grants supported work in economic opportunity, entrepreneurship, affordable housing, conservation, small-business procurement, and education, with examples in Georgia and California. It gave 441 grants totaling $8,518,500 in 2022, including awards from $45,000 to $200,000, but reported no grants in its 2023 final return. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$5.8M
Grants
441
Total Given
$8.5M
Silicon Valley Community Foundation
Mountain View, CA
Silicon Valley Community Foundation funds work in areas such as housing, economic security, education, health, the environment, arts and culture, and civic engagement, with Community Action Grants supporting local, community-led organizations in San Mateo and Santa Clara counties. Its 2024 grants had a median of $51,716, though amounts varied widely; applications depend on the program, and SVCF states that it does not accept unsolicited proposals for advised funds.
Assets
$12.3B
Grants
3,576
Total Given
$3.2B
National League of Cities Institute Inc
Washington, DC
The National League of Cities Institute funds local initiatives and organizations addressing community needs, including children’s and families’ wellbeing, education, youth development, safety, and economic security. Its 2025 grants typically were about $20,000 (median; awards ranged from $10,000 to $166,531), supporting work in multiple states across the country. The profile does not state whether it accepts unsolicited requests.
Assets
$14.2M
Grants
57
Total Given
$1.7M
John Mohme Foundation
Culver City, CA
The John Mohme Foundation funds universities, arts and media organizations, youth-serving groups, and community organizations. Its 2025 grants ranged from $25,000 to $300,000, with a median of $100,000; 90% of grant dollars went to California and 10% to Michigan. It makes grants only to preselected organizations and does not accept unsolicited requests.
Assets
$23.4M
Grants
28
Total Given
$3.1M
Publix Super Markets Charities Inc
Lakeland, FL
Publix Super Markets Charities supports nonprofits addressing hunger, homelessness and housing, youth, education, and community needs in Florida, Georgia, Alabama, North Carolina, South Carolina, Tennessee, Virginia, and Kentucky. Its 2024 median grant was $2,500, though awards ranged widely; it accepts online requests from eligible organizations, with application periods varying by program.
Assets
$233.8M
Grants
3,269
Total Given
$52.5M
More Funders in California
Innovate Public Schools down — hundreds of funders to go?