Educators For Excellence
- Assets
- $10.0m
- Revenue
- $6.7m
- Investments
- $0.0
- Employees
- 113
- Location
- New York, NY
- Founding
- 03/2011
- Data as of
- 06/2023
- EIN
- 27-3382030
Organization Overview
Educators For Excellence is located in New York, NY. The organization was established in 2011. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 06/2023, Educators For Excellence employed 113 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Educators For Excellence 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 06/2023, Educators For Excellence generated $6.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $12.4m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 6 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ENSURE TEACHERS HAVE A LEADING VOICE IN THE POLICIES THAT IMPACT THEIR STUDENTS AND PROFESSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Flaherty Chairman | OfficerTrustee | 1 | $0 |
Michael Loeb Treasurer | OfficerTrustee | 2 | $0 |
Freeda Pirillis Secretary | OfficerTrustee | 1 | $0 |
Daniel Weisberg Director | Trustee | 1 | $0 |
Arthur Everett Director | Trustee | 1 | $0 |
Tonya Horton Edd Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Vchief Llc Consultant | 6/29/23 | $290,250 |
Pisani Cpa Llc Consultant | 6/29/23 | $171,626 |
Gotham Research Group Research | 6/29/23 | $184,173 |
Beyond Casting Productions Llc Media Production | 6/29/23 | $124,750 |
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 | $6,659,032 |
| Noncash contributions included in lines 1a–1f | $4,427 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,659,032 |
| Total Program Service Revenue | $0 |
| Investment income | $34,623 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $6,734,515 |
| 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. | $837,401 |
| Compensation of current officers, directors, key employees. | $184,228 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,053,566 |
| Pension plan accruals and contributions | $33,580 |
| Other employee benefits | $890,739 |
| Payroll taxes | $512,176 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $92,500 |
| Fees for services: Accounting | $156,510 |
| Fees for services: Lobbying | $104,500 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,237,913 |
| Advertising and promotion | $49,824 |
| Office expenses | $558,599 |
| Information technology | $96,117 |
| Royalties | $0 |
| Occupancy | $1,031,618 |
| Travel | $293,756 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,478 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $135,630 |
| Insurance | $34,803 |
| All other expenses | $0 |
| Total functional expenses | $12,384,426 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $893,692 |
| Savings and temporary cash investments | $5,227,579 |
| Pledges and grants receivable | $1,839,381 |
| Accounts receivable, net | $0 |
| 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 | $134,076 |
| Net Land, buildings, and equipment | $199,582 |
| Investments—publicly traded securities | $99,565 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,565,690 |
| Total assets | $9,959,565 |
| Accounts payable and accrued expenses | $498,304 |
| 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 | $1,432,140 |
| Total liabilities | $1,930,444 |
| Net assets without donor restrictions | $4,679,320 |
| Net assets with donor restrictions | $3,349,801 |
| 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 | $9,959,565 |