Advanced Education Research & Development Fund
Advanced Education Research & Development Fund reported $29.3 million in revenue and $37.4 million in expenses for calendar year 2024. Of every $100 it spent, $89.67 went to program services, $8.83 to management and general costs and $1.50 to fundraising. Its largest source of revenue was contributions and grants: 93.8% of the total. The highest compensation it reported for one person was $485,308 (CHIEF EXECUTIVE OFFICER). 41 people received more than $100,000 in reportable compensation. Revenue fell 11% between 2021 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $37MFor 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 $29MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 89.7% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 8.8% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.5% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.02 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 93.8% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $485,308 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.30% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 41 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 14.7 | 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
2024 · Form 990, Part III · the three largest programs by expenseReading reimagined is our r&d program that aims to end illiteracy. With a focus on the needs of older elementary students who are not reading at grade level and need to develop foundational reading skills, reading reimagined researches and designs classroom-ready solutions that support the linguistic and developmental needs of older elementary readers. Reading reimagined generated peer-reviewed research that challenged conventional literacy assumptions by tackling one of education's most persistent and underresearched barriers, the "decoding threshold", the point at which students can…
Ef+math is our inaugural r&d program exploring how strengthening students' executive function skills can help students manage their thoughts, emotions, and behavior while they learn math. With a focus on mathematical conceptual understanding and complex problem-solving, ef+math seeks to create innovative approaches to teaching and learning math that help all students thrive. Ef+math created a new field at the intersection of executive function and math learning; published 70+ research articles, and created an extensive student dataset of 10,000+ for ongoing research. The ef+math supported…
Assessment for good is our r&d program that seeks to transform assessments. With a focus on the important transition period from ages 8-13, assessment for good is developing assessments that deliver accurate, meaningful data that guides instruction and fosters a more student-centered experience at the speed of teaching and learning, rather than as a retrospective audit. Assessment for good pioneered a new approach to assessment that measures the skills learners apply to power their learning, including metacognition, collaborative problem-solving, and adaptive thinking, plus technical skills…
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 |
|---|---|---|---|---|
| CHIEF EXECUTIVE OFFICER Officer, 40.00 hrs/week | $449,322 | $0 | $35,986 | $485,308 |
| EXECUTIVE DIRECTOR Highest compensated employee, 40.00 hrs/week | $257,469 | $0 | $37,813 | $295,282 |
| CHIEF LEARNING OFFICER Key employee, 40.00 hrs/week | $277,197 | $0 | $15,772 | $292,969 |
| EXECUTIVE DIRECTOR Highest compensated employee, 40.00 hrs/week | $253,854 | $0 | $35,999 | $289,853 |
| CHIEF PUBLIC AFFAIRS/DEV. OFFICER Key employee, 40.00 hrs/week | $258,651 | $0 | $30,462 | $289,113 |
| COO/SECRETARY/TREASURER Officer, 40.00 hrs/week | $241,303 | $0 | $43,921 | $285,224 |
| EXECUTIVE DIRECTOR Highest compensated employee, 40.00 hrs/week | $222,960 | $0 | $28,803 | $251,763 |
| EXECUTIVE DIRECTOR Highest compensated employee, 40.00 hrs/week | $205,172 | $0 | $27,876 | $233,048 |
41 people received more than $100,000 in reportable compensation from Advanced Education Research & Development Fund (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.6M (Part IX, line 5).
4 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–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 566
- Volunteers Part I, line 67
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| CAMBIAR EDUCATION Research partnership | $4,697,408 |
| STANFORD UNIVERSITY Research partnership | $1,350,000 |
| TARMAC LLC Research partnership | $1,345,150 |
| AMERICAN INSTITUTES FOR RESEARCH IN BEHA Research partnership | $1,250,504 |
| UNIVERSITY OF CALIFORNIA - IRVINE Research partnership | $1,245,706 |
Individuals listed as contractors are left out. 35 contractors were paid more than $100,000 in all.
Private foundation grants it received
2 private foundations reported grants to Advanced Education Research & Development Fund totaling $14M 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 Advanced Education Research & Development Fund's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Advanced Education Research & Development Fund, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Advanced Education Research & Development Fund spent in 2024, $89.67 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Council of Chief State School OfficersWashington, DC · revenue $29M · programs 77.7% · FY2025
- Greater Raleigh Area Christian EducationRaleigh, NC · revenue $29M · programs 83.3% · FY2025
- Little Rock Christian AcademyLittle Rock, AR · revenue $29M · programs 90.8% · FY2025
- Florida Agricultural & Mechanical Univ FoundationTallahassee, FL · revenue $29M · programs 75.6% · FY2025
- Cleary UniversityHowell, MI · revenue $29M · programs 74.5% · FY2025
Questions people ask
How much of Advanced Education Research & Development Fund's spending goes to programs?
In calendar year 2024, Advanced Education Research & Development Fund reported that 89.7% of its $37.4 million in expenses went to program services, 8.8% to management and general and 1.5% to fundraising (Form 990, Part IX).
How much does Advanced Education Research & Development Fund pay its top executive?
The largest total compensation Advanced Education Research & Development Fund reported for one person in calendar year 2024 was $485,308, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Advanced Education Research & Development Fund get its money?
Of $29.3 million in revenue in calendar year 2024, 93.8% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is Advanced Education Research & Development Fund a registered charity?
The IRS lists EIN 85-3624930 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 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 202503169349309085 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202423129349304527 · read the filing
- 2022: Form 990 for calendar year 2022, object 202312919349301131 · read the filing
- 2021: Form 990 for calendar year 2021, object 202223119349304662 · read the filing
All filings for EIN 85-3624930: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.