National Laboratory For Education Transformation

Organization Overview

National Laboratory For Education Transformation is located in Oakland, CA. The organization was established in 2012. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Laboratory For Education Transformation 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 12/2022, National Laboratory For Education Transformation generated $102.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $121.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

NLETS MISSION IS TO SYSTEMATICALLY ASSIST IN RAISING AND SUSTAINING THE RATE OF LEARNING FOR ALL INDIVIDUALS AND INSTITUTIONS IN THE U.S. THROUGH THE BEST TECHNICAL, CULTURAL, FINANCIAL AND ORGANIZATIONAL MEANS POSSIBLE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO OPERATE A MODERN RESEARCH AND DEVELOPMENT (R&D) INCUBATOR THAT WILL MODEL AND SPIN OUT NEW METHODS AND SOLUTIONS IN ITS SIX GOAL AREAS OF LEARNER IDENTITY, PUBLIC INFRASTRUCTURE, SECURE ACCESS, DATA SCIENCE, MATH + PROGRAMMING, AND WORKFORCE DEVELOPMENT.


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Board, Officers & Key Employees

Name (title)Compensation
Ken Sorey
Executive Di
$87,996
David Andrews
President
$0
Gordon Freedman
Board Chair
$0
Veronica Garcia
Director
$0
Ferdinand Rivera PHD
Director
$0
Richard Rasiej
Secretary/tr
$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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$102,182
Investment income $0
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 $102,182

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