Edreports Org Inc
- Assets
- $5.3m
- Revenue
- $7.4m
- Investments
- $0.0
- Employees
- 54
- Location
- Durham, NC
- Founding
- 11/2014
- Data as of
- 12/2022
- 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 12/2022, Edreports Org Inc employed 54 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 12/2022, Edreports Org Inc generated $7.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (13.4%) each year. All expenses for the organization totaled $8.1m during the year ending 12/2022. 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
2022
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Maria Klawe Board Chair | OfficerTrustee | 1 | $0 |
Michael Hyde Board Treasurer | OfficerTrustee | 0.7 | $0 |
Peter Tang Board Secretary | OfficerTrustee | 0.7 | $0 |
K Sue Redman Board Audit Committee Chair | Trustee | 0.7 | $0 |
Carey Wright Board Vice Chair | Trustee | 0.7 | $0 |
Darren Burris Director | Trustee | 0.5 | $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 | $6,194,761 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,194,761 |
| Total Program Service Revenue | $1,217,463 |
| Investment income | $7,478 |
| 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 | $7,419,702 |
| 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. | $1,065,132 |
| Compensation of current officers, directors, key employees. | $90,087 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,442,758 |
| Pension plan accruals and contributions | $322,196 |
| Other employee benefits | $783,312 |
| Payroll taxes | $339,019 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,179 |
| Fees for services: Accounting | $100,942 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,047,321 |
| Advertising and promotion | $141,870 |
| Office expenses | $24,871 |
| Information technology | $253,202 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $65,577 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $171,623 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $13,871 |
| All other expenses | $0 |
| Total functional expenses | $8,093,884 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $674,399 |
| Savings and temporary cash investments | $353 |
| Pledges and grants receivable | $904,313 |
| Accounts receivable, net | $474,420 |
| 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 | $68,693 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $310,368 |
| Other assets | $2,853,803 |
| Total assets | $5,286,349 |
| Accounts payable and accrued expenses | $321,388 |
| Grants payable | $0 |
| Deferred revenue | $12,000 |
| 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 | $333,388 |
| Net assets without donor restrictions | $3,216,966 |
| Net assets with donor restrictions | $1,735,995 |
| 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 | $5,286,349 |