Education Design Lab
- Assets
- $12.9m
- Revenue
- $15.8m
- Investments
- $0.0
- Employees
- 59
- Location
- Washington, DC
- Founding
- 03/2015
- Data as of
- 12/2023
- EIN
- 46-4248042
Organization Overview
Education Design Lab is located in Washington, DC. The organization was established in 2015. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2023, Education Design Lab employed 59 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Education Design Lab 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 12/2023, Education Design Lab generated $15.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 42.3% each year . All expenses for the organization totaled $11.3m during the year ending 12/2023. While expenses have increased by 40.3% 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 2023, Education Design Lab has awarded 25 individual grants totaling $1,250,000. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO DESIGN AND TEST NEW MODELS TO HELP HIGHER EDUCATION ADAPT AS QUICKLY AS THE ECONOMY CHANGES, BY PARTNERING WITH HIGHER EDUCATION INSTITUTIONS, INNOVATORS AND EMPLOYERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROACTIVELY IDENTIFIES GAPS IN THE EDUCATION-TO-WORK ECOSYSTEM THAT REQUIRE NEXT GENERATION SOLUTIONS. THE ORGANIZATION PUTS TOGETHER PARTNERS, FUNDERS AND INSTITUTIONS TO TACKLE THE PATH FROM PROBLEM DEFINITION THROUGH SOLUTION FINDING TO ADOPTION AND EVALUATION. THE ORGANIZATION ALSO ACCEPTS REQUESTS FROM INDIVIDUAL INSTITUTIONS, FUNDERS, ENTREPRENEURS OR COMMUNITIES TO FACILITATE RELATED DESIGN PROCESSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Hughes President And CEO | OfficerTrustee | 40 | $368,469 |
Kathleen Delaski Board Chair | OfficerTrustee | 40 | $12,351 |
Kris Clerkin Vice Chair | OfficerTrustee | 1 | $0 |
Rufus Glasper Treasurer Until Nov., Then Member | OfficerTrustee | 1 | $0 |
Suzanne Gibbs Howard Member | Trustee | 1 | $0 |
Sandra Sofia Lopez Nunez Member, Treasurer As Of Nov. | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Whiteboard Advisors Llc Consulting | 12/30/23 | $173,944 |
Kenna Fallen Consulting | 12/30/23 | $123,286 |
Education Development Center Consulting | 12/30/23 | $122,587 |
D2l Ltd Data Integration | 12/30/23 | $118,349 |
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 | $15,079,235 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,079,235 |
| Total Program Service Revenue | $484,342 |
| Investment income | $155,572 |
| 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 | $15,842,213 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,250,000 |
| 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. | $717,734 |
| Compensation of current officers, directors, key employees. | $25,158 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,998,324 |
| Pension plan accruals and contributions | $126,658 |
| Other employee benefits | $413,612 |
| Payroll taxes | $430,180 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $47,625 |
| Fees for services: Accounting | $209,736 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,485,558 |
| Advertising and promotion | $209,109 |
| Office expenses | $440,181 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $71,101 |
| Travel | $126,353 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $504,905 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $22,307 |
| All other expenses | $0 |
| Total functional expenses | $11,333,320 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $708,467 |
| Savings and temporary cash investments | $9,221,554 |
| Pledges and grants receivable | $3,011,561 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,800 |
| Total assets | $12,947,382 |
| Accounts payable and accrued expenses | $185,721 |
| 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 | $185,721 |
| Net assets without donor restrictions | $2,160,606 |
| Net assets with donor restrictions | $10,601,055 |
| 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 | $12,947,382 |
Grants Awarded
Over the last fiscal year, Education Design Lab has awarded $1,250,000 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
CHAFFEY COMMUNITY COLLEGE DISTRICT PURPOSE: DESIGNERS IN RESIDENCE PROGRAM | $37,500 |
MINNESOTA STATE UNIVERSITY PURPOSE: COMMUNITY COLLEGE GROWTH ENGINE | $150,000 |
COLLEGE OF EASTERN IDAHO PURPOSE: COMMUNITY COLLEGE GROWTH ENGINE | $50,000 |
DELGADO COMMUNITY COLLEGE PURPOSE: DESIGNERS IN RESIDENCE PROGRAM | $37,500 |
EAST LOS ANGELES COLLEGE FOUNDATION PURPOSE: DESIGNERS IN RESIDENCE PROGRAM | $37,500 |
DUTCHESS COMMUNITY COLLEGE PURPOSE: COMMUNITY COLLEGE GROWTH ENGINE | $25,000 |