Improving Education Inc
- Assets
- $1.4m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 8
- Location
- Baltimore, MD
- Founding
- 10/2019
- Data as of
- 12/2021
- EIN
- 47-3271696
Organization Overview
Improving Education Inc is located in Baltimore, MD. The organization was established in 2019. 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, Improving Education Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Improving Education 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, Improving Education Inc generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 68.1% each year . All expenses for the organization totaled $707.7k 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
OUR MISSION IS TO PROVIDE SOLUTIONS TO IMPROVE EDUCATIONAL SYSTEMS. WE RUN AN EARLY LITERACY IMPROVEMENT NETWORK SUPPORTING TEACHERS WITH TRAINING INSTRUCTIONAL DESIGN AND MEASUREMENT. WE PROVIDE AT-HOME LEARNING MATERIALS TO FAMILIES AND MATERIALS TO SUPPORT NIGHTLY BEDTIME ROUTINES FOR CHILDREN AGES 0-5 IN LOW INCOME HOMES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL CHILDREN READY IS AN INITIATIVE FOCUSED ON SIGNIFICANTLY INCREASING LITERACY ACHIEVEMENT IN HEAD START PRE-KINDERGARTEN AND KINDERGARTEN CHILDREN IN BALTIMORE CITY WHILE DEVELOPING SCALABLE PRACTICES THAT CAN BE USED AT LOCATIONS ACROSS THE CITY STATE AND NATION TO IMPROVE KINDERGARTEN READINESS OUTCOMES. DURING 2021 ALL CHILDREN READY COLLABORATED WITH 5 HEAD START SITES WITH THE GOAL OF SIGNIFICANTLY IMPROVING KINDERGARTEN READINESS FOR STUDENTS THEY SERVE. WE WORKED WITH 350 STUDENTS AND 40 EDUCATORS TO ASSESS PROGRESS IMPROVE INSTRUCTION AND PROVIDE MATERIALS THAT CAN BE USED IN THE HOME TO ENHANCE INSTRUCTION.
BEDTIME IN A BOX. THROUGH OUR BEDTIME IN A BOX PROGRAM WE PROVIDE BOOKS AND OTHER BEDTIME MATERIALS TO LOW INCOME FAMILIES WITH CHILDREN AGES 0-5 TO HELP THEM ESTABLISH NIGHTLY BEDTIME ROUTINES SUPPORTING HEALTH EARLY EDUCATION AND PARENT-CHILD BONDING. DURING 2021 WE DISTRIBUTED OVER 7,700 BEDTIME BOXES TO UNDERSERVED FAMILIES ACROSS THE COUNTRY.
EDUCATIONAL CONSULTING & SUPPORT. THROUGH OUR EDUCATIONAL CONSULTING AND SUPPORT PROGRAM WE ENGAGE WITH OTHER LOCAL AND NATIONAL NON-PROFIT ORGANIZATIONS TO ADVANCE THE OUTCOMES OF STUDENTS. THIS INCLUDES IMPROVEMENTS IN READING OUTCOMES FOR MIDDLE AND HIGH SCHOOL STUDENTS IMPROVED GRADUATION RATES AND 9TH GRADERS ON TRACK TO GRADUATE AND THE DEVELOPMENT AND SUPPORT OF COMMUNITY SCHOOLS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jarrod Bolte Chief Executive Officer | Officer | 40 | $124,289 |
Samantha Mclemore President Board Chair | OfficerTrustee | 2 | $0 |
Angela Lynch Treasurer | OfficerTrustee | 2 | $0 |
Kim Paradise Secretary | OfficerTrustee | 1 | $0 |
David Tohn Board Member | Trustee | 1 | $0 |
Jared Murphy Board Member | Trustee | 1 | $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 | $711,140 |
| Noncash contributions included in lines 1a–1f | $6,552 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $711,140 |
| Total Program Service Revenue | $289,750 |
| 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 | $149,153 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,162,568 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $9,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $134,115 |
| Compensation of current officers, directors, key employees. | $23,900 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $315,229 |
| Pension plan accruals and contributions | $3,586 |
| Other employee benefits | $11,777 |
| Payroll taxes | $35,781 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,425 |
| Fees for services: Accounting | $12,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,939 |
| Advertising and promotion | $12,905 |
| Office expenses | $8,549 |
| Information technology | $4,241 |
| Royalties | $0 |
| Occupancy | $54,863 |
| Travel | $4,303 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,580 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,318 |
| Insurance | $8,218 |
| All other expenses | $0 |
| Total functional expenses | $707,693 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $796,634 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $95,843 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $453,912 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $33,123 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,398 |
| Total assets | $1,380,910 |
| Accounts payable and accrued expenses | $37,759 |
| 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 | $245,202 |
| Other liabilities | $0 |
| Total liabilities | $282,961 |
| Net assets without donor restrictions | $580,019 |
| Net assets with donor restrictions | $517,930 |
| 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 | $1,380,910 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Improving Education Inc has recieved totaling $202,936.
| Awarding Organization | Amount |
|---|---|
Baltimore Community Foundation Inc Baltimore, MD PURPOSE: GENERAL SUPPORT AND VARIOUS PROJECTS | $77,500 |
The Abell Foundation Inc Baltimore, MD PURPOSE: EDUCATION | $25,000 |
The United Way Of Central Maryland Inc Baltimore, MD PURPOSE: DESIGNATED AND OR GRANTED IN SUPPORT OF AGENCY PROGRAMS | $25,000 |
Alvin And Fanny B Thalheimer Foundation Inc Towson, MD PURPOSE: PROGRAM GRANT | $20,000 |
Alvin And Fanny B Thalheimer Foundation Inc Towson, MD PURPOSE: PROGRAM GRANT | $20,000 |
Henry And Ruth Blaustein Rosenberg Foundation Baltimore, MD PURPOSE: SUPPORT TO DISTRIBUTE "BEDTIME IN A BOX" KITS TO LOW-INCOME FAMILIES IN BALTIMORE | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Graduate Management Admission Council Reston, VA | $230,212,828 | $77,127,681 |
Educational Commission For Foreign Medical Graduates Philadelphia, PA | $218,692,756 | $72,786,979 |
National Center For Research In Advanced Information & Digital Tec Washington, DC | $0 | $38,475,850 |
Common Application Inc Arlington, VA | $52,971,416 | $52,316,500 |
Longwood University Real Estate Foundation Farmville, VA | $322,438,396 | $31,911,007 |
Education Trust Inc Washington, DC | $60,384,663 | $28,594,144 |
Fwdus Education Fund Inc Washington, DC | $39,522,128 | $52,902,160 |
Chiefs For Change Washington, DC | $30,000,112 | $22,072,365 |
Achieving The Dream Inc Silver Spring, MD | $48,979,373 | $23,156,070 |
Camc Health Education And Research Institute Inc Charleston, WV | $10,132,150 | $15,955,209 |
Us Ignite Inc Washington, DC | $5,718,790 | $15,311,234 |
Washington Yu Ying Public Charter School Washington, DC | $27,086,728 | $12,170,772 |