Alder Graduate School Of Education
- Assets
- $32.9m
- Revenue
- $21.0m
- Investments
- $0.0
- Employees
- 128
- Location
- Redwood City, CA
- Founding
- 11/2015
- Data as of
- 06/2023
- EIN
- 47-4649648
Organization Overview
Alder Graduate School Of Education is located in Redwood City, CA. The organization was established in 2015. According to its NTEE Classification (B40) the organization is classified as: Higher Education, under the broad grouping of Education and related organizations. As of 06/2023, Alder Graduate School Of Education employed 128 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alder Graduate School Of Education 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 06/2023, Alder Graduate School Of Education generated $21.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $16.3m during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO RECRUIT AND EDUCATE EXCELLENT TEACHERS AND LEADERS WHO REFLECT OUR SCHOOLS' COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALDER GRADUATE SCHOOL OF EDUCATION WORKS TO SUPPORT EDUCATION ORGANIZATIONS IN DEVELOPING THEIR TEACHER, PRINCIPAL AND/ OR LEADER PIPELINES; TO SERVE AS AN EDUCATIONAL ORGANIZATION PROVIDING SUPPORT AND SERVICES TO STUDENTS THROUGH COURSE INSTRUCTION AT THE POST-SECONDARY LEVEL TOWARDS POSTGRADUATE DEGREES, CERTIFICATIONS AND CONTINUING EDUCATION, IN PARTICULAR FOR TEACHERS, PRINCIPALS, AND LEADERS; TO PROVIDE TRAINING AND DEVELOPMENT FOR MENTORS; TO PROVIDEEDUCATIONAL FORUMS, CLASSES, WORKSHOPS, TRAININGS, RESOURCES, SUPPORT, OPPORTUNITIES AND OTHER CHARITABLE ACTIVITIES TO PROMOTE EDUCATION AND LEARNING; AND TO PROVIDE JOB TRAINING, IN PARTICULAR FOR THOSE IN LOW-INCOME AND SOCIALLY AND ECONOMICALLY DISADVANTAGED COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Kirkpatrick CEO | Officer | 40 | $270,921 |
Erik Brown CFO | Officer | 40 | $164,360 |
Nirmala Chilamkurti COO | Officer | 40 | $146,519 |
Alexandra Caram Managing Director/secretary | Officer | 40 | $147,044 |
Juliana Fabrocini Sr. Director Of Partnerships | 40 | $191,713 | |
Shayna Sullivan Dean | 40 | $202,925 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,884,063 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,231,612 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,115,675 |
| Total Program Service Revenue | $6,989,501 |
| Investment income | $926,964 |
| 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 | $21,032,140 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,824,148 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $862,980 |
| Compensation of current officers, directors, key employees. | $103,313 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,409,982 |
| Pension plan accruals and contributions | $203,374 |
| Other employee benefits | $402,525 |
| Payroll taxes | $462,918 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,024 |
| Fees for services: Accounting | $249,439 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,643 |
| Fees for services: Other | $1,560,709 |
| Advertising and promotion | $46,735 |
| Office expenses | $147,187 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $120,816 |
| Travel | $40,485 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $334,429 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $62,203 |
| All other expenses | $0 |
| Total functional expenses | $16,281,011 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $348,409 |
| Savings and temporary cash investments | $29,319,561 |
| Pledges and grants receivable | $1,902,576 |
| Accounts receivable, net | $961,676 |
| 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 | $182,631 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $225,158 |
| Total assets | $32,940,011 |
| Accounts payable and accrued expenses | $656,045 |
| Grants payable | $0 |
| Deferred revenue | $267,646 |
| 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 | $243,236 |
| Total liabilities | $1,166,927 |
| Net assets without donor restrictions | $28,334,355 |
| Net assets with donor restrictions | $3,438,729 |
| 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 | $32,940,011 |