Educators for Quality Alternatives
Also known as The Net
Educators for Quality Alternatives reported $12.7 million in revenue and $12.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $91.98 went to program services, $7.95 to management and general costs and $0.07 to fundraising. Its largest source of revenue was contributions and grants: 97.8% of the total. Government grants made up 94.0%. The highest compensation it reported for one person was $159,439 (CEO). 2 people received more than $100,000 in reportable compensation. Revenue rose 105% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $12MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $13MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 92.0% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 7.9% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.1% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 97.8% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 94.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.1% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $159,439 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.28% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 2 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 3.7 | 13.3 |
| Independent voting board members Part VI 1a–1b | 7 of 7 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseThe organization runs the net: central city, the net: gentilly, and the new orleans accelerated high school. Together these schools serve approximately 400 8th-12th graders and have consistently met or exceeded their achievement goals on the alternative accountability rubric. Over 1,000 students have graduated from the nets and the schools have earned a solid reputation among families, advocates, and educators for embracing students with significant needs and providing a transformational experience to support their academic and behavioralgrowth. Eqa runs the bridge middle school. The bridge…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO Officer, 50.00 hrs/week | $134,198 | $0 | $25,241 | $159,439 |
| CHIEF OF SCHOOLS Highest compensated employee, 50.00 hrs/week | $119,683 | $0 | $16,442 | $136,125 |
2 people received more than $100,000 in reportable compensation from Educators for Quality Alternatives (Part VII, line 2). Compensation of current officers, directors and key employees totaled $157K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b7 · 7 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5173
- Volunteers Part I, line 659
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| YOUTH EMPOWERMENT PROJECT Educational services | $419,597 |
| ASSURING DESTINATIONS LLC Student transportation | $411,682 |
| GOODWILL INDUSTRIES Custodial services | $243,554 |
| SECURETEK PROTECTION SERVICE OF LOUISIAN Campus security services | $192,283 |
| EDOPS Financial services | $161,180 |
Individuals listed as contractors are left out. 7 contractors were paid more than $100,000 in all.
Private foundation grants it received
2 private foundations reported grants to Educators for Quality Alternatives totaling $50,078 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Educators for Quality Alternatives's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Educators for Quality Alternatives, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Educators for Quality Alternatives spent in FY2025, $91.98 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Founders Classical Academy of Las VegasLas Vegas, NV · revenue $13M · programs 55.9% · FY2024
- New Braunfels Christian AcademyNew Braunfels, TX · revenue $13M · programs 86.3% · FY2025
- Childrens Center for CommunicationBeverly, MA · revenue $13M · programs 90.3% · FY2025
- Hargrave Military AcademyChatham, VA · revenue $13M · programs 73.6% · FY2026
- Passaic Hebrew InstitutePassaic, NJ · revenue $13M · programs 76.4% · FY2025
Questions people ask
How much of Educators for Quality Alternatives's spending goes to programs?
In the fiscal year ending June 30, 2025, Educators for Quality Alternatives reported that 92.0% of its $12.4 million in expenses went to program services, 7.9% to management and general and 0.1% to fundraising (Form 990, Part IX).
How much does Educators for Quality Alternatives pay its top executive?
The largest total compensation Educators for Quality Alternatives reported for one person in the fiscal year ending June 30, 2025 was $159,439, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Educators for Quality Alternatives get its money?
Of $12.7 million in revenue in the fiscal year ending June 30, 2025, 97.8% came from contributions and grants (including 94.0% from government grants) and 0.1% from program service revenue (Form 990, Part VIII).
Is Educators for Quality Alternatives a registered charity?
The IRS lists EIN 27-0588087 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631349349304463 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531329349305728 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421349349304182 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321249349300527 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201369349306110 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111619349300111 · read the filing
All filings for EIN 27-0588087: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.