Edreports Org Inc
- Assets
- $5.8m
- Revenue
- $6.2m
- Investments
- $0.0
- Employees
- 42
- Location
- Durham, NC
- Founding
- 11/2014
- Data as of
- 12/2021
- EIN
- 47-1171149
Organization Overview
Edreports Org Inc is located in Durham, NC. The organization was established in 2014. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2021, Edreports Org Inc employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Edreports Org 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 12/2021, Edreports Org Inc generated $6.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (20.2%) each year. All expenses for the organization totaled $6.7m during the year ending 12/2021. 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
EDREPORTS WILL INCREASE THE CAPACITY OF TEACHERS, ADMINISTRATORS, AND LEADERS TO SEEK, IDENTIFY AND DEMAND THE HIGHEST QUALITY INSTRUCTIONAL MATERIALS. DRAWING UPON EXPERT EDUCATORS, EDREPORTS' EVIDENCE-BASED REVIEWS OF INSTRUCTIONAL MATERIALS AND SUPPORT FOR SMART DEMAND WILL EQUIP TEACHERS WITH EXCELLENT MATERIALS NATIONWIDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDREPORTS.ORG INC WAS CREATED TO IMPROVE K-12 EDUCATION BY PUBLISHING REVIEWS OF K-12 CURRICULUM MATERIALS, INCLUDING ANALYSIS, TEACHER FEEDBACK AND MEASURES OF EFFICACY. THE ORGANIZATION INCREASES THE CAPACITY OF TEACHERS, ADMINISTRATORS, AND LEADERS TO SEEK, IDENTIFY, AND DEMAND THE HIGHEST-QUALITY INSTRUCTIONAL MATERIALS.SINCE ITS INCEPTION IN 2014 THROUGH DECEMBER 31, 2017, THE ORGANIZATION OPERATED UNDER THE FISCAL SPONSORSHIP OF ROCKEFELLER PHILANTHROPY ADVISORS, A SECTION 501(C)(3) ORGANIZATION UNDER THE INTERNAL REVENUE CODE. THE TWO PARTIES ENTERED INTO A TAX-FREE NET ASSET TRANSFER AGREEMENT WHEREBY THE ORGANIZATION BECAME AN INDEPENDENT ORGANIZATION, EFFECTIVE JANUARY 1, 2018.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Hirsch Executive Director | Officer | 40 | $301,424 |
Donnidra Johnson Chief Operating Officer | Officer | 40 | $193,730 |
Courtney Allison Chief Academic Officer | Officer | 40 | $189,617 |
Lauren Weisskirk Chief Strategy Officer | Officer | 40 | $189,262 |
Peter Tang Board Secretary | OfficerTrustee | 0.7 | $0 |
Michael Hyde Board Treasurer | OfficerTrustee | 0.7 | $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 | $5,602,901 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,602,901 |
| Total Program Service Revenue | $573,415 |
| Investment income | $5,844 |
| 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 | $6,182,160 |
| 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. | $874,033 |
| Compensation of current officers, directors, key employees. | $76,940 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,016,648 |
| Pension plan accruals and contributions | $311,351 |
| Other employee benefits | $638,370 |
| Payroll taxes | $293,342 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,313 |
| Fees for services: Accounting | $77,245 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $960,268 |
| Advertising and promotion | $143,897 |
| Office expenses | $20,224 |
| Information technology | $168,062 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $10,150 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $50,672 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $12,292 |
| All other expenses | $0 |
| Total functional expenses | $6,718,597 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,933,795 |
| Savings and temporary cash investments | $14 |
| Pledges and grants receivable | $508,625 |
| Accounts receivable, net | $214,717 |
| 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 | $21,697 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $222,471 |
| Other assets | $1,898,308 |
| Total assets | $5,799,627 |
| Accounts payable and accrued expenses | $162,359 |
| Grants payable | $0 |
| Deferred revenue | $10,125 |
| 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 | $0 |
| Total liabilities | $172,484 |
| Net assets without donor restrictions | $4,612,504 |
| Net assets with donor restrictions | $1,014,639 |
| 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 | $5,799,627 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Edreports Org Inc has recieved totaling $10,516,909.
| Awarding Organization | Amount |
|---|---|
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: K-12 EDUCATION | $4,875,000 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: K-12 EDUCATION | $1,875,000 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: K-12 EDUCATION | $1,612,253 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: K-12 EDUCATION | $637,900 |
William & Flora Hewlett Foundation Menlo Park, CA PURPOSE: FOR GENERAL OPERATING SUPPORT | $566,666 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: K-12 EDUCATION | $500,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Duke Corporate Education Durham, NC | $27,489,390 | $18,675,614 |
University Of North Georgia Foundation Inc Dahlonega, GA | $101,168,345 | $9,379,486 |
Cape Fear Tutoring Inc Wilmington, NC | $2,173,027 | $16,040,654 |
Southern Assoc Of Colleges And Schools Commission On Colleges Inc Decatur, GA | $21,107,199 | $13,477,936 |
National Association For College Admission Counseling Inc Arlington, VA | $22,607,858 | $9,863,408 |
Memphis Education Fund Inc Memphis, TN | $2,536,598 | $5,955,711 |
The Cottage School Educational Resource Center Inc Roswell, GA | $19,413,651 | $9,463,796 |
Pencil Foundation Nashville, TN | $3,991,693 | $7,143,023 |
Edreports Org Inc Durham, NC | $5,799,627 | $6,182,160 |
American School Counselor Association Alexandria, VA | $7,066,172 | $7,522,290 |
Grace Christian Academy Of Leipers Fork Franklin, TN | $10,280,279 | $8,867,909 |
Healthmpowers Inc Norcross, GA | $4,830,831 | $6,606,779 |