Together Education Inc
- Assets
- $57.1m
- Revenue
- $31.8m
- Investments
- $8.2m
- Employees
- 33
- Location
- New York, NY
- Founding
- 09/2008
- Data as of
- 06/2021
- EIN
- 26-1525207
Organization Overview
Together Education Inc is located in New York, NY. The organization was established in 2008. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2021, Together Education Inc employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Together Education Inc 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, Together Education Inc generated $31.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 48.0% each year . All expenses for the organization totaled $11.6m during the year ending 06/2021. While expenses have increased by 13.0% 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.
Since 2015, Together Education Inc has awarded 20 individual grants totaling $68,334,406. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE COMPLETE DESCRIPTION ON PAGE 1 OF SCHEDULE OTHE MISSION OF TOGETHER EDUCATION, INC. IS TO CATALYZE ENDURING, EQUITY-DRIVEN, SCALABLE SOLUTIONS TO OUR MOST PRESSING EDUCATION CHALLENGES. TO THIS END, TOGETHER EDUCATION OPERATES SIX KEY PROGRAMS - A COLLEGE SCHOLARSHIP PROGRAM TARGETING HIGH-POTENTIAL, UNDERREPRESENTED STUDENTS FROM ESSEX COUNTY, NJ; A PURPOSE-FOCUSED PROGRAM WORKING WITH STUDENTS AND ADULTS TO HELP THEM TO EXPLORE, ARTICULATE, AND PURSUE THEIR PURPOSE; A GLOBAL EDUCATION PROGRAM FOCUSED ON IMPROVING STUDENT LEARNING BY DEVELOPING SCHOOL LEADERS; AN ONLINE TEACHER TRAINING PLATFORM; A LITERACY PROGRAM PARTNERING WITH SCHOOLS AND NONPROFIT ORGANIZATIONS TO SUPPORT HIGH QUALITY READING INSTRUCTION; AND A CAREER-FOCUSED COLLEGE PROGRAM TO ACCELERATE STUDENTS INTO PURPOSE-FILLED LIVES THAT LEAD TO ECONOMIC FREEDOM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TOGETHER EDUCATION'S VARIOUS PROGRAMS HAVE MADE MEANINGFUL PROGRESS IN THE COLLEGE SCHOLARS PROGRAM SERVED 445 INDIVIDUALS, INCLUDING 356 STUDENTS WHO RECEIVED SCHOLARSHIPS. THE PURPOSE PROGRAM SERVED OVER 4,000 STUDENTS AND ADULTS IN VARIOUS PROGRAMS THAT HELPED THEM EXPLORE, ARTICULATE, AND PURSUE THEIR PURPOSE. THE GLOBAL EDUCATION PROGRAM PARTNERED WITH 16 ORGANIZATIONS IN 7 COUNTRIES TO DEVELOP AND SCALE EFFECTIVE SCHOOLS TO IMPROVE STUDENT LEARNING GLOBALLY. THE LITERACY PROGRAM PARTNERED WITH 11 SCHOOLS AND EDUCATION ORGANIZATIONS ACROSS THE U.S. TO SUPPORT HIGH QUALITY READING INSTRUCTION POWERED BY THE SCIENCE OF READING. THE ORGANIZATION ALSO MADE A ONE-TIME GRANT EXPENSE TO A RELATED ORGANIZATION. THE CAREER-FOCUSED COLLEGE PROGRAM CONTINUED ITS PROGRAM PLANNING AND DEVELOPMENT PROCESS, AND OPERATED A SMALL PILOT PROGRAM IN ANTICIPATION OF LAUNCHING MORE PROGRAMS IN THE FUTURE.
TOGETHER EDUCATION'S VARIOUS PROGRAMS HAVE MADE MEANINGFUL PROGRESS IN THE COLLEGE SCHOLARS PROGRAM SERVED 445 INDIVIDUALS, INCLUDING 356 STUDENTS WHO RECEIVED SCHOLARSHIPS. THE PURPOSE PROGRAM SERVED OVER 4,000 STUDENTS AND ADULTS IN VARIOUS PROGRAMS THAT HELPED THEM EXPLORE, ARTICULATE, AND PURSUE THEIR PURPOSE. THE GLOBAL EDUCATION PROGRAM PARTNERED WITH 16 ORGANIZATIONS IN 7 COUNTRIES TO DEVELOP AND SCALE EFFECTIVE SCHOOLS TO IMPROVE STUDENT LEARNING GLOBALLY. THE LITERACY PROGRAM PARTNERED WITH 11 SCHOOLS AND EDUCATION ORGANIZATIONS ACROSS THE U.S. TO SUPPORT HIGH QUALITY READING INSTRUCTION POWERED BY THE SCIENCE OF READING. THE ORGANIZATION ALSO MADE A ONE-TIME GRANT EXPENSE TO A RELATED ORGANIZATION. THE CAREER-FOCUSED COLLEGE PROGRAM CONTINUED ITS PROGRAM PLANNING AND DEVELOPMENT PROCESS, AND OPERATED A SMALL PILOT PROGRAM IN ANTICIPATION OF LAUNCHING MORE PROGRAMS IN THE FUTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Norman Atkins CEO And Director, Ex Officio | OfficerTrustee | 56 | $298,138 |
Brian Sims Executive Director, One World | 60 | $231,000 | |
Nikki Bridges Executive Director, Lit | 60 | $198,174 | |
Twinkle Morgan Executive Director, Ccs | 60 | $194,281 | |
Yvonne Chao Senior Advisor, Officer | Officer | 60 | $186,187 |
Yutaka Tamura Executive Director, Nxu | 60 | $179,533 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The College Of New Jersey Program Services | 6/29/20 | $186,394 |
The College Of New Jersey Program Services | 6/29/20 | $186,394 |
Rutgers University Foundation Program Services | 6/29/20 | $126,894 |
Rutgers University Foundation Program Services | 6/29/20 | $126,894 |
The College Of New Jersey Program Services | 6/29/20 | $186,394 |
Rutgers University Foundation Program Services | 6/29/20 | $126,894 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $625,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,930,613 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,555,613 |
| Total Program Service Revenue | $2,701,514 |
| Investment income | $1,758,698 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $813,028 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $31,828,853 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,100,000 |
| Grants and other assistance to domestic individuals. | $1,308,199 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $604,168 |
| Compensation of current officers, directors, key employees. | $194,012 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,123,978 |
| Pension plan accruals and contributions | $95,778 |
| Other employee benefits | $255,954 |
| Payroll taxes | $262,981 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,616 |
| Fees for services: Accounting | $24,838 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $91,142 |
| Advertising and promotion | $0 |
| Office expenses | $12,220 |
| Information technology | $117,987 |
| Royalties | $0 |
| Occupancy | $141,553 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $51,406 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $11,608,970 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $359,029 |
| Savings and temporary cash investments | $6,363,133 |
| Pledges and grants receivable | $19,376,378 |
| Accounts receivable, net | $173,714 |
| 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 | $59,134 |
| Net Land, buildings, and equipment | $122,928 |
| Investments—publicly traded securities | $22,376,086 |
| Investments—other securities | $8,249,141 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $57,079,543 |
| Accounts payable and accrued expenses | $347,605 |
| Grants payable | $0 |
| Deferred revenue | $278,125 |
| 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 | $0 |
| Other liabilities | $26,132 |
| Total liabilities | $651,862 |
| Net assets without donor restrictions | $20,489,629 |
| Net assets with donor restrictions | $35,938,052 |
| 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 | $57,079,543 |
Grants Awarded
Over the last fiscal year, Together Education Inc has awarded $8,200,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: GENERAL GRANT | $4,000,000 |
New York, NY PURPOSE: GENERAL GRANT | $4,000,000 |
San Antonio, TX PURPOSE: SUB-GRANT | $100,000 |
San Antonio, TX PURPOSE: SUB-GRANT | $100,000 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Together Education Inc has recieved totaling $3,000,000.
| Awarding Organization | Amount |
|---|---|
Denver Foundation Denver, CO PURPOSE: BRINGING NXU'S PURPOSE CURRICULUM TO COLORADO | $500,000 |
New Venture Fund Washington, DC PURPOSE: YOUTH DEVELOPMENT AND EDUCATION | $500,000 |
Hollyhock Foundation Inc New York, NY PURPOSE: SUPPORT FOR OPPORTUNITY COLLEGE | $400,000 |
New Schools Fund Oakland, CA PURPOSE: LEARNING SOLUTIONS | $400,000 |
Hollyhock Foundation Inc New York, NY PURPOSE: SUPPORT FOR OPPORTUNITY COLLEGE | $400,000 |
Louis Calder Foundation Denver, CO PURPOSE: SCIENCE OF READING | $400,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pennsylvania Virtual Charter School King Of Prussia, PA | $24,898,829 | $49,068,085 |
Tiegerman School Glen Cove, NY | $36,938,898 | $36,850,171 |
Proteus Fund Inc Amherst, MA | $47,115,132 | $46,264,432 |
Teach For All Inc New York, NY | $63,275,692 | $50,938,774 |
Pay It Forward Foundation Inc Pittsburgh, PA | $11,909,629 | $29,731,720 |
Lifesteps Inc Butler, PA | $25,871,848 | $32,536,752 |
Lsny Bronx Corporation New York, NY | $9,256,880 | $24,578,698 |
Boston Plastic & Oral Surgery Foundation Inc Boston, MA | $28,248,674 | $23,739,730 |
Benefits Data Trust Philadelphia, PA | $35,254,049 | $26,526,932 |
El Education Inc New York, NY | $28,362,379 | $30,858,452 |
Voices For Independence Erie, PA | $11,834,971 | $20,276,084 |
John A Coleman School Yonkers, NY | $5,649,439 | $19,245,814 |