Dear friends, supporters, & advisors:

It feels as though we packed five years of organizational development into 12 months.

• The full-time team grew from 18 to nearly 50.
• Our budget more than doubled, from ~$5M to ~$11M, more than half of which was driven by fee-for-service revenue.
• We forged a leadership team based on Springboard Collaborative’s core functions: business strategy, impact strategy, partnerships, and partner success.
• We successfully launched a franchising model, iterated on Springboard Collaborative’s web app, relaunched our academic year programming, and began testing a la carte options such as the family workshop curriculum and teacher professional development.
• We raised Springboard Collaborative’s profile in the field, getting press from David Brooks and NPR.
• We gained support from legendary investors including Meg Whitman, Arthur Rock, New Profit, the Jenesis Group, the Overdeck Family Foundation, and the Bezos Family Foundation.
• Amidst seismic change, Springboard Collaborative delivered some of our best ever outcomes.
• By the close of 2019, we had helped 14,022 students reach reading goals and 3,665 students read on grade level. We’re on a mission to help 100,000 students reach reading goals and 30,000 students read on grade level by 2023!

We intend to do the same next year, so buckle up!

Onwards!
Alejandro
CEO & Founder
Springboard Collaborative