Education Pioneers Inc
- Assets
- $2.6m
- Revenue
- $4.4m
- Investments
- $0.0
- Employees
- 60
- Location
- Boston, MA
- Founding
- 06/2004
- Data as of
- 09/2023
- EIN
- 77-0602311
Organization Overview
Education Pioneers Inc is located in Boston, MA. The organization was established in 2004. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 09/2023, Education Pioneers Inc employed 60 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Education Pioneers 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 09/2023, Education Pioneers Inc generated $4.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $5.5m during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (8.9%) per year over the past 8 years. 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
ATTRACT, DEVELOP, AND MOBILIZE A DIVERSE NETWORK OF HIGH POTENTIAL FUTURE LEADERS WHO WILL BRING THE CAPACITY NEEDED TO SOLVE EDUCATION'S EVOLVING SET OF CHALLENGES SO THAT EDUCATION CAN BECOME A LEVER FOR EXCELLENCE AND EQUITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE EDUCATION PIONEERS RESPONSIVE PROGRAMS- RESPONSIVE PROGRAMMING ENABLES EP TO MAINTAIN THE CORE OF WHAT WE DO WHILE ALLOWING THE FLEXIBILITY TO ADAPT HOW WE DO IT TO ADDRESS THE MOST PRESSING NEEDS OF THE MOMENT AS THEY EMERGE AND EVOLVE. IT ALLOWS EP TO PURSUE OPPORTUNITIES TO MAXIMIZE OUR IMPACT BY SUPPORTING SCHOOL SYSTEMS AND COMMUNITIES AND STUDENTS THAT THEY SERVE. FROM 2020-2023, RESPONSIVE PROGRAMS HAVE TARGETED BRINGING SENIOR LEVEL CAPACITY TO THE EDUCATION SECTOR TO THE RESPONSE TO AND REBUILDING GIVEN THE IMPACT OF COVID-19.
THE EDUCATION PIONEERS SUMMER FELLOWSHIP ATTRACTS AND DEVELOPS TALENTED GRADUATE STUDENTS FROM BUSINESS, POLICY, AND EDUCATION MANAGEMENT PROGRAMS TO COMPLETE 10-WEEK CONSULTING PROJECTS THAT BUILD THE CAPACITY OF EDUCATION ORGANIZATIONS, INCLUDING SCHOOL DISTRICTS, CHARTER ORGANIZATIONS, GOVERNMENT AGENCIES, AND EDUCATION NON-PROFITS.THE EDUCATION PIONEERS IMPACT FELLOWSHIP ATTRACTS AND DEVELOPS EARLY CAREER TALENT WITH DEMONSTRATED DATA AND ANALYTICS AND/OR PROJECT MANAGEMENT SKILLS TO COMPLETE 10-MONTH PLACEMENTS WITH EDUCATION ORGANIZATIONS, INCLUDING SCHOOL DISTRICTS, CHARTER ORGANIZATIONS, GOVERNMENT AGENCIES AND EDUCATION NONPROFITS.THE EDUCATION PIONEERS VISITING FELLOWSHIP BUILDS THE CAPACITY AND COMMITMENT OF EMERGING LEADERS ALREADY WORKING IN THE EDUCATION SECTOR, HELPING HIGH-POTENTIAL MANAGERS EXPAND THEIR PERSPECTIVES AND STRENGTHEN THEIR NETWORKS TO ACCELERATE THEIR IMPACT WITHIN THEIR ORGANIZATIONS AND THE SECTOR MORE BROADLY.
EDUCATION PIONEERS ALUMNI SERVICES PROGRAM HELPS ADVANCE OUR ALUMNI AS LEADERS IN THE FIELD OF EDUCATION. ALUMNI ENGAGEMENT IS AN INVESTMENT IN THE POTENTIAL OF THE EDUCATION PIONEERS NETWORK. OUR 4,300+ FELLOWSHIP ALUMNI WHO CONTINUE TO WORK IN SERVICE OF STUDENTS, SCHOOLS, AND THEIR RESPECTIVE COMMUNITIES ARE EDUCATION PIONEERS' BIGGEST DRIVER OF LONG-TERM IMPACT. STRENGTHENING AND SUPPORTING OUR ALUMNI NETWORK IS THE MECHANISM BY WHICH WE AMPLIFY, ACCELERATE, AND EXPAND OUR COLLECTIVE IMPACT. GOING FORWARD, EDUCATION PIONEERS' STRATEGY RELATEDTO ALUMNI SERVICES INCLUDES LEARNING HOW TO BETTER ENGAGE AND ACTIVATE THIS NETWORK TO ENABLE STRONGER CONNECTION, COLLABORATION, AND PROBLEM-SOLVING ACROSS THE SECTOR. A STRONG NETWORK SERVES AS A MORE VALUABLE RESOURCE FOR OUR ALUMNI, AND ENABLES PURSUIT OF NETWORK IMPACT THAT IS GREATER THAN THE SUM OF ITS INDIVIDUAL PARTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Wu Chief Executive Officer | OfficerTrustee | 40 | $222,135 |
Tracy Session Chief Impact Officer | Officer | 40 | $216,416 |
Terrence Kneisel Vp, External Relations | 40 | $147,882 | |
Emily Msall Vp, Central Services | 40 | $138,744 | |
Ross Anderson Vp, Program Continuum & Network Impact | 40 | $130,335 | |
Lourdes Laguna Vp, Talent & Partnerships | 40 | $130,397 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Neil Dorosin Matching Technology Consulting | 9/29/17 | $202,872 |
Firstgen Partners Llc Management Consulting | 9/29/17 | $100,799 |
Neil Dorosin Matching Technology Consulting | 9/29/17 | $202,872 |
Firstgen Partners Llc Management Consulting | 9/29/17 | $100,799 |
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 | $2,896,254 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,896,254 |
| Total Program Service Revenue | $1,470,707 |
| Investment income | $50,271 |
| 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 | $4,417,232 |
| 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. | $492,683 |
| Compensation of current officers, directors, key employees. | $98,537 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,985,562 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $254,867 |
| Payroll taxes | $299,391 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,957 |
| Fees for services: Accounting | $167,225 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $606,928 |
| Advertising and promotion | $22,311 |
| Office expenses | $117,014 |
| Information technology | $138,053 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $70,471 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,416 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,343 |
| Insurance | $21,308 |
| All other expenses | $0 |
| Total functional expenses | $5,454,680 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $121,699 |
| Savings and temporary cash investments | $1,687,108 |
| Pledges and grants receivable | $593,520 |
| Accounts receivable, net | $116,613 |
| 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 | $36,137 |
| Net Land, buildings, and equipment | $67,949 |
| Investments—publicly traded securities | $20,530 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,643,556 |
| Accounts payable and accrued expenses | $345,089 |
| Grants payable | $0 |
| Deferred revenue | $16,458 |
| 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 | $522,443 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $883,990 |
| Net assets without donor restrictions | $1,101,608 |
| Net assets with donor restrictions | $657,958 |
| 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 | $2,643,556 |