Edify
- Assets
- $6.6m
- Revenue
- $8.9m
- Investments
- $0.0
- Employees
- 26
- Location
- San Diego, CA
- Founding
- 10/2009
- Data as of
- 09/2021
- EIN
- 27-0892545
Organization Overview
Edify is located in San Diego, CA. The organization was established in 2009. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 09/2021, Edify employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Edify 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 09/2021, Edify generated $8.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $8.2m during the year ending 09/2021. While expenses have increased by 8.9% 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
TO BRING JESUS CHRIST TO CHILDREN THROUGH BETTER ACADEMIC EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDIFY COMES ALONGSIDE ENTREPRENEURS WHO OFFER QUALITY CHRIST-CENTERED EDUCATION TO CHILDREN IN THEIR UNDERSERVED COMMUNITIES. WE PARTNER WITH THEM USING THREE KEY RESOURCES TO HELP IMPROVE AND EXPAND THEIR SCHOOLS:1.TRAINING TO EQUIP SCHOOL LEADERS AND TEACHERS TO DEVELOP SUSTAINABLE CHRIST-CENTERED SCHOOLS.2.LOAN CAPITAL TO IMPROVE AND EXPAND SCHOOL FACILITIES.3.EDUCATION TECHNOLOGY TO ENHANCE LEARNING OUTCOMES AND EMPLOYABILITY.PERSONS SERVED IN FISCAL YEAR 2021 - 2,442,902 COMPRISED OF 2,423,674 CHILDREN, 13,090 LEADERS, 6,138 TEACHERS.SCHOOLS SERVED IN FISCAL YEAR 2021 - 9,258 IN 11 DEVELOPING WORLD COUNTRIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Reuben Thiessen Chief Technology Officer | 45 | $117,762 | |
Abigail Bach Vp Program Strategy And Philanthropy | 30 | $115,060 | |
George T Dawson President And CEO | OfficerTrustee | 50 | $97,500 |
Vanessa Folsom VP Of People And Secretary | Officer | 45 | $93,500 |
Chris Fenton Part Year SVP Operations And CFO | Officer | 50 | $81,717 |
Debbie Hall Vice Chairman | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,849,989 |
| Noncash contributions included in lines 1a–1f | $35,667 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,849,989 |
| Total Program Service Revenue | $1,402 |
| Investment income | $454 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$103 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,851,742 |
| 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 | $1,780,432 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $267,955 |
| Compensation of current officers, directors, key employees. | $59,730 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,426,343 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $158,426 |
| Payroll taxes | $132,723 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $55,813 |
| Fees for services: Accounting | $18,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,845,374 |
| Advertising and promotion | $41,192 |
| Office expenses | $173,941 |
| Information technology | $268,936 |
| Royalties | $0 |
| Occupancy | $104,660 |
| Travel | $396,196 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $26,840 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $40,411 |
| Insurance | $46,135 |
| All other expenses | $101,338 |
| Total functional expenses | $8,154,251 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,137,516 |
| Savings and temporary cash investments | $2,030,822 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,998 |
| 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 | $267,879 |
| Net Land, buildings, and equipment | $176,190 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $7,058 |
| Other assets | $0 |
| Total assets | $6,623,463 |
| Accounts payable and accrued expenses | $104,912 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $104,912 |
| Net assets without donor restrictions | $4,831,032 |
| Net assets with donor restrictions | $1,687,519 |
| 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 | $6,623,463 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Edify has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Lc And Mary Worley Memorialfoundation Longview, TX PURPOSE: BUDGET | $10,000 |
Boazs Harvest-Zachary Foundatoin Waterloo, IA PURPOSE: GENERAL OPERATING BUDGET | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nu Generation Foundation Inc Las Vegas, NV | $1,453,025,700 | $18,700,340 |
Edify San Diego, CA | $6,623,463 | $8,851,742 |
Ploughshares Fund Inc San Francisco, CA | $34,653,491 | $6,615,677 |
American Himalayan Foundation San Francisco, CA | $21,794,459 | $4,216,875 |
Ramakrishna Foundation Arcadia, CA | $1,047,373 | $3,548,174 |
Wcg Cares Carlsbad, CA | $2,144,515 | $2,918,913 |
Sustainable Sciences Institute San Francisco, CA | $1,202,077 | $2,730,574 |
Sai Global Mission Santa Clara, CA | $862,055 | $2,360,918 |
Eternal Charitable Foundation Las Vegas, NV | $228,724 | $1,904,759 |
Chances For Children Scottsdale, AZ | $1,995,339 | $2,204,866 |
Mercy Beyond Borders Santa Clara, CA | $1,165,740 | $1,401,592 |
Sitare Foundation Palo Alto, CA | $29,674,432 | $2,923,884 |