Education For Change
- Assets
- $46.7m
- Revenue
- $44.4m
- Investments
- $0.0
- Employees
- 251
- Location
- Oakland, CA
- Founding
- 04/2006
- Data as of
- 06/2021
- EIN
- 20-2204424
Organization Overview
Education For Change is located in Oakland, CA. The organization was established in 2006. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2021, Education For Change employed 251 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Education For Change is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Education For Change generated $44.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $40.7m during the year ending 06/2021. While expenses have increased by 4.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SUPERIOR PUBLIC EDUCATION TO OAKLAND'S MOST UNDERSERVED CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL PROVIDES A RIGOROUS EDUCATIONAL PROGRAM THAT EMPHASIZES THE DEVELOPMENT OF BASIC SKILLS: READING, WRITING, SPEAKING AND COMPUTATION, DEVELOPMENT OF PROBLEM SOLVING SKILLS AND GLOBAL PERSPECTIVE. SERVED APPROXIMATELY 2,736 STUDENTS, WITH 177 INSTRUCTIONAL DAYS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larissa Adam Superintendent | Officer | 40 | $162,475 |
Noah Bradley Chief Academic Officer | 40 | $144,445 | |
Sundar Chari Secretary/treasurer | Officer | 40 | $140,825 |
Brandee Stewart Assistant Superintendant | 40 | $131,525 | |
Eva Huffman Director Of Special Education | 40 | $120,845 | |
Ashley Potts Director Of Assessment | 40 | $113,680 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Be Glad Professional Development - Language | 6/29/21 | $239,560 |
Oakland Leaf After-school Program | 6/29/21 | $221,110 |
Lamphier Gregory Consulting | 6/29/21 | $156,270 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $41,484,889 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,882,668 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,367,557 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $12,000 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $44,379,557 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $438,591 |
| Compensation of current officers, directors, key employees. | $20,409 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $22,612,243 |
| Pension plan accruals and contributions | $3,414,140 |
| Other employee benefits | $2,743,769 |
| Payroll taxes | $866,891 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $198,545 |
| Fees for services: Accounting | $661 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,671,993 |
| Advertising and promotion | $0 |
| Office expenses | $730,678 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,550,164 |
| Travel | $93,648 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $169,384 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $71,759 |
| Insurance | $158,397 |
| All other expenses | $0 |
| Total functional expenses | $40,735,015 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,753,275 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $10,852,196 |
| Accounts receivable, net | $21,002 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $29,207 |
| Net Land, buildings, and equipment | $32,066,456 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $46,722,136 |
| Accounts payable and accrued expenses | $5,955,427 |
| Grants payable | $0 |
| Deferred revenue | $2,018,999 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $8,491,348 |
| Other liabilities | $12,179,040 |
| Total liabilities | $28,644,814 |
| Net assets without donor restrictions | $18,077,322 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $46,722,136 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Education For Change has recieved totaling $4,247,501.
| Awarding Organization | Amount |
|---|---|
Xq Institute Oakland, CA PURPOSE: SUPPORT THE HIGH SCHOOL IN THEIR WORK TO RE-IMAGINE AND RE-DESIGN THEIR SCHOOL. | $1,325,105 |
Kenneth Rainin Foundation Oakland, CA PURPOSE: EFC EARLY LITERACY INITIATIVE ("WIN") FOR GRADES TK-2 | $845,000 |
Kenneth Rainin Foundation Oakland, CA PURPOSE: EFC EARLY LITERACY INITIATIVE ("WIN") FOR GRADES TK-2 | $845,000 |
T Gary And Kathleen Rogers Private Family Foundation Oakland, CA PURPOSE: GENERAL SUPPORT | $366,000 |
Charles And Helen Schwab Foundation San Francisco, CA PURPOSE: K-12 EDUCATION | $300,000 |
Charles And Helen Schwab Foundation San Francisco, CA PURPOSE: K-12 EDUCATION | $300,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rocketship Education Redwood City, CA | $74,871,482 | $120,667,231 |
American Leadership Academy Inc Mesa, AZ | $282,415,478 | $95,654,658 |
Five Keys Schools And Programs San Francisco, CA | $50,545,317 | $97,031,582 |
Inspire Charter Schools Duarte, CA | $15,814,456 | $76,018,441 |
Edkey Inc Mesa, AZ | $135,819,543 | $83,812,049 |
River Springs Charter School Inc Temecula, CA | $93,652,592 | $73,899,584 |
Granada Hills Charter Granada Hills, CA | $124,597,337 | $79,128,584 |
California Online Public Schools San Juan Capistrano, CA | $32,661,705 | $70,303,969 |
Camino Nuevo Charter Academy Los Angeles, CA | $62,441,915 | $60,583,098 |
Gateway Community Charters Mcclellan, CA | $96,780,042 | $72,531,964 |
Visions In Education Carmichael, CA | $94,876,505 | $77,038,173 |
Ofl-Baldwin Park Inc Pasadena, CA | $26,446,895 | $59,505,291 |