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Educate

Denver, CO · EIN 84-1648607 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Educate reported $9.8 million in revenue and $11.7 million in expenses for calendar year 2024. Of every $100 it spent, $91.95 went to program services, $2.90 to management and general costs and $5.15 to fundraising. Its largest source of revenue was contributions and grants: 91.3% of the total. The highest compensation it reported for one person was $147,483 (CEO and Co-Founder). 5 people received more than $100,000 in reportable compensation. Revenue rose 1% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $12M

For context, the median across 469 covered international, foreign affairs & national security charities: $89.04 programs, $8.28 management, $2.68 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 $9.8M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 469 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
91.9%86.1%
Management & general
Part IX 25(C) ÷ 25(A)
2.9%8.0%
Fundraising
Part IX 25(D) ÷ 25(A)
5.2%2.6%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.07$0.03
Contributions & grants share of revenue
Part VIII 1h ÷ 12
91.3%96.6%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
0.0%0.0%
Highest reported compensation
Part VII-A, columns D–F
$147,483$341,362
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.26%1.06%
People paid over $100,000
Part VII, line 2
510
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
22.97.5
Independent voting board members
Part VI 1a–1b
6 of 6100.0%

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 expense
$11M expenses · 100.0% of program spending · grants $163K · revenue $2,281

Educate! is a nonprofit organization incorporated in 2005 under the laws of the State of Colorado with operations in Uganda, Rwanda, Tanzania and Kenya for the purpose of preparing youth in Africa with the skills to succeed in today's economy. Educate!'s mission is to develop young leaders and entrepreneurs in Africa. Educate! delivers a practical and relevant model of education to youth in Uganda, Rwanda, and Kenya, comprised of a leadership and entrepreneurship course, interactive teaching, intensive mentorship, experience starting an enterprise.Educate! delivers this experience by:1)…

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO and Co-Founder
Officer, 50.00 hrs/week
$141,187$0$6,296$147,483
Chief Financial Officer
Officer, 50.00 hrs/week
$146,029$0$0$146,029
Global Dir. of Research/Measurement/
Highest compensated employee, 50.00 hrs/week
$128,610$0$9,186$137,796
Global Dir. of Growth/Revenue
Highest compensated employee, 50.00 hrs/week
$133,100$0$4,352$137,452
Deputy Chief Operating Officer
Highest compensated employee, 50.00 hrs/week
$116,745$0$0$116,745

5 people received more than $100,000 in reportable compensation from Educate (Part VII, line 2). Compensation of current officers, directors and key employees totaled $294K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20M201920202021202220232024$9.8M$12M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$9.8M$12M91.9%$22M$147,483
2023 ⓘ$11M$9.2M88.8%$24M$196,992
2022 ⓘ$18M$7.2M85.5%$22M$181,284
2021 ⓘ$6.1M$5.4M89.2%$12M$176,802
2020 ⓘ$6.9M$4.9M88.7%$11M$141,611
2019 ⓘ$9.7M$5.8M90.3%$9.3M$155,738

Governance 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–1b6 · 6 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 14bYes
  • Employees Part I, line 514
  • Volunteers Part I, line 6322

Private foundation grants it received

10 private foundations reported grants to Educate totaling $1.7M 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 Educate's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Educate, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All international, foreign affairs & national security charities · Largest charities in Colorado

Questions people ask

How much of Educate's spending goes to programs?

In calendar year 2024, Educate reported that 91.9% of its $11.7 million in expenses went to program services, 2.9% to management and general and 5.2% to fundraising (Form 990, Part IX).

How much does Educate pay its top executive?

The largest total compensation Educate reported for one person in calendar year 2024 was $147,483, for the role of CEO and Co-Founder (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Educate get its money?

Of $9.8 million in revenue in calendar year 2024, 91.3% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is Educate a registered charity?

The IRS lists EIN 84-1648607 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 202532409349300108 · read the filing
  • 2023: Form 990 for calendar year 2023, object 202432479349300603 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202302869349302135 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202223159349302827 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202113019349302451 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202043219349305314 · read the filing

All filings for EIN 84-1648607: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.