50CAN
50CAN reported $97.3 million in revenue and $82.8 million in expenses for calendar year 2024. Of every $100 it spent, $93.23 went to program services, $6.48 to management and general costs and $0.29 to fundraising. Its largest source of revenue was contributions and grants: 92.8% of the total. The highest compensation it reported for one person was $424,644 (CEO & TREASURER). 34 people received more than $100,000 in reportable compensation. Revenue rose 529% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $83MFor 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
Calendar year 2024 · Form 990, Part VIII · total revenue $97MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 93.2% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 6.5% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.3% | 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 | 92.8% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 6.1% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $424,644 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.51% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 34 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 4.7 | 13.3 |
| Independent voting board members Part VI 1a–1b | 8 of 9 | 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
2024 · Form 990, Part III · the three largest programs by expenseFiscal sponsorships50can offers fiscal sponsorship services to partner organizations that work within the organization's believe in better policy framework. To date, these relationships have been offered to new organizations awaiting independent 501(c)(3) status or to those who want to utilize 50can's financial and administrative management
Advocate for policy change50can's expert staff teams up with local advocacy leaders to develop and enact student and family-centered policy change
Communications & mobilization50can helps local leaders create a movement of informed citizens through media work, e-advocacy, publications, graphic design, partnerships with like-minded civic and community groups, phone banks, petitions and rallies. As a result, 50can leaders are frequently featured in television, online and print
Highest reported compensation
2024 · 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 & TREASURER Director/trustee, officer, 40.00 hrs/week | $393,359 | $0 | $31,285 | $424,644 |
| EXECUTIVE DIRECTOR OF ECRN Highest compensated employee, 50.00 hrs/week | $279,640 | $0 | $54,774 | $334,414 |
| PRESIDENT Officer, 40.00 hrs/week | $303,822 | $0 | $28,226 | $332,048 |
| EXECUTIVE DIRECTOR OF PACE Highest compensated employee, 50.00 hrs/week | $287,591 | $0 | $39,555 | $327,146 |
| SENIOR ADVISOR OF PACE Highest compensated employee, 50.00 hrs/week | $248,364 | $0 | $22,300 | $270,664 |
| EXECUTIVE DIRECTOR Highest compensated employee, 50.00 hrs/week | $214,938 | $0 | $48,779 | $263,717 |
| EXECUTIVE VICE PRESIDENT Key employee, 50.00 hrs/week | $224,932 | $0 | $31,629 | $256,561 |
| EXECUTIVE DIRECTOR Highest compensated employee, 50.00 hrs/week | $238,811 | $0 | $13,505 | $252,316 |
34 people received more than $100,000 in reportable compensation from 50CAN (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.2M (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
2024 · 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–1b9 · 8 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 4Yes
- 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 584
- Volunteers Part I, line 68
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| LAVINIA GROUP LLC Academic services | $3,000,000 |
| KITAMBA INVESTORLLC (MGT IMPACT SOLUTIO Summerboost consulting services | $1,941,500 |
| BOOKNOOK LEARNING Tutoring services | $483,500 |
| ERNST & YOUNG US LLP Consulting services for program | $300,000 |
| ALVAREZ & MARSAL TAX LLC Consulting services for program | $287,500 |
Individuals listed as contractors are left out. 12 contractors were paid more than $100,000 in all.
Private foundation grants it received
30 private foundations reported grants to 50CAN totaling $16M 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 50CAN's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for 50CAN, you can publish a response that is linked from this page.
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Of every $100 50CAN spent in 2024, $93.23 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- College for Creative StudiesDetroit, MI · revenue $97M · programs 72.1% · FY2025
- Pacific Coast AcademyPoway, CA · revenue $97M · programs 88.4% · FY2025
- Hood CollegeFrederick, MD · revenue $97M · programs 79.9% · FY2025
- Manhattanville UniversityPurchase, NY · revenue $97M · programs 85.8% · FY2025
- Utica UniversityUtica, NY · revenue $97M · programs 87.2% · FY2025
All education charities · Largest charities in District of Columbia
Questions people ask
How much of 50CAN's spending goes to programs?
In calendar year 2024, 50CAN reported that 93.2% of its $82.8 million in expenses went to program services, 6.5% to management and general and 0.3% to fundraising (Form 990, Part IX).
How much does 50CAN pay its top executive?
The largest total compensation 50CAN reported for one person in calendar year 2024 was $424,644, for the role of CEO & TREASURER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does 50CAN get its money?
Of $97.3 million in revenue in calendar year 2024, 92.8% came from contributions and grants and 6.1% from program service revenue (Form 990, Part VIII).
Is 50CAN a registered charity?
The IRS lists EIN 27-3069592 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), 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
- 2024: Form 990 for calendar year 2024, object 202542829349301854 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202423209349329007 · read the filing
- 2022: Form 990 for calendar year 2022, object 202323199349332452 · read the filing
- 2021: Form 990 for calendar year 2021, object 202223199349319577 · read the filing
- 2020: Form 990 for calendar year 2020 (amended), object 202243199349319379 · read the filing
- 2019: Form 990 for calendar year 2019, object 202013219349324921 · read the filing
All filings for EIN 27-3069592: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.