Transforming Education Inc
- Assets
- $1.9m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 10
- Location
- Boston, MA
- Founding
- 05/2016
- Data as of
- 06/2021
- EIN
- 81-1304128
Organization Overview
Transforming Education Inc is located in Boston, MA. The organization was established in 2016. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. As of 06/2021, Transforming Education Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Transforming 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 06/2021, Transforming Education Inc generated $2.0m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $1.4m during the year ending 06/2021. 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
TRANSFORMED PARTNERS WITH SCHOOL SYSTEMS TO SUPPORT EDUCATORS IN FOSTERING THE DEVELOPMENT OF THE WHOLE CHILD SO THAT ALL STUDENTS, PARTICULARLY THOSE FROM UNDERSERVED POPULATIONS, CAN THRIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION SYSTEMS:TECHNICAL ASSISTANCE AND CONSULTING TO SUPPORT THE INTEGRATION OF WHOLE CHILD DEVELOPMENT INTO CLASSROOMS, SCHOOLS, DISTRICTS, AND OTHER EDUCATION SYSTEMS
RESEARCH AND LEARNING:CONDUCTING, COLLABORATING ON, AND CONSULTING TO RESEARCH FOCUSED ON WHOLE CHILD DEVELOPMENT
POLICY & COMMUNICATIONS:BUILDING KNOWLEDGE OF THE IMPORTANCE OF WHOLE CHILD DEVELOPMENT THROUGH PAPER AND TOOL CREATION AND PUBLICATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sara Krachman President & E.d. | OfficerTrustee | 40 | $142,709 |
Richard Fournier Managing Director | 40 | $117,480 | |
Katie Buckley Manager | 40 | $114,384 | |
Cori Stott Managing Director Strategy | Officer | 40 | $112,572 |
Danielle Gonzales Chair | OfficerTrustee | 2 | $0 |
Nathaniel Donoghue Assistant Clerk (left May 2021) | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $232,621 |
| All other contributions, gifts, grants, and similar amounts not included above | $261,453 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $494,074 |
| Total Program Service Revenue | $1,527,245 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,021,319 |
| 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. | $290,140 |
| Compensation of current officers, directors, key employees. | $94,157 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $587,692 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $80,854 |
| Payroll taxes | $74,618 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,065 |
| Fees for services: Accounting | $45,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $210,853 |
| Advertising and promotion | $0 |
| Office expenses | $25,474 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $79,795 |
| Travel | $1,393 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,512 |
| Insurance | $6,100 |
| All other expenses | $0 |
| Total functional expenses | $1,420,638 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,672,238 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $175,630 |
| 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 | $0 |
| Net Land, buildings, and equipment | $9,583 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,857,451 |
| Accounts payable and accrued expenses | $37,748 |
| Grants payable | $0 |
| Deferred revenue | $121,689 |
| 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 | $186,162 |
| Other liabilities | $0 |
| Total liabilities | $345,599 |
| Net assets without donor restrictions | $1,363,452 |
| Net assets with donor restrictions | $148,400 |
| 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 | $1,857,451 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Transforming Education Inc has recieved totaling $25.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $25 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Education Reform Now Advocacy Inc New York, NY | $9,049,502 | $13,254,867 |
Education Reform Now Inc New York, NY | $12,856,272 | $9,742,321 |
Zuckerman Institute Charitable Uta 09302015 New York, NY | $457,938 | $7,031,465 |
Calyx Institute Brooklyn, NY | $4,391,437 | $6,703,987 |
Campus Compact Boston, MA | $2,930,117 | $3,976,934 |
Eskolta School Research And Design Inc New York, NY | $3,454,540 | $3,524,860 |
Heterodox Academy New York, NY | $1,652,564 | $2,832,778 |
Center Of Complex Interventions Inc Wellesley, MA | $1,309,883 | $3,150,464 |
Center For Curriculum Redesign Boston, MA | $2,918,305 | $3,304,952 |
Security Council Report Inc New York, NY | $2,448,475 | $3,033,079 |
Rennie Center For Education Research & Policy Inc Boston, MA | $2,519,335 | $3,657,874 |
Conservatory Lab Foundation Inc Boston, MA | $26,012,397 | $3,251,807 |