Educause
- Assets
- $45.9m
- Revenue
- $23.9m
- Investments
- $0.0
- Employees
- 94
- Location
- Boulder, CO
- Founding
- 11/1998
- Data as of
- 12/2021
- EIN
- 84-1455437
Organization Overview
Educause is located in Boulder, CO. The organization was established in 1998. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 12/2021, Educause employed 94 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Educause 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, Educause generated $23.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $18.2m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Educause has awarded 181 individual grants totaling $28,326,214. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCE HIGHER EDUCATION BY PROMOTING THE USE OF INFORMATION TECHNOLOGY.
Describe the Organization's Program Activity:
PROFESSIONAL LEARNING: PROVIDES A VARIETY OF SPECIAL-TOPIC, REGIONAL CONFERENCES, RESOURCES, TOOLS, AND OTHER MEMBER-DRIVEN PROFESSIONAL DEVELOPMENT ACTIVITIES TO ADVANCE LEARNING THROUGH THE INNOVATIVE APPLICATION OF TECHNOLOGY.
COMMUNITIES AND RESEARCH: PROVIDES RESEARCH AND ANALYSIS ABOUT INFORMATION TECHNOLOGY IN HIGHER EDUCATION TO INFORMATION TECHNOLOGY PROFESSIONALS AND HIGHER EDUCATION LEADERS. PROVIDES STRUCTURES THROUGH WHICH MEMBERS CAN NETWORK AND COLLABORATE WITH COLLEAGUES WHO ARE TACKLING TECHNOLOGICAL PROGRESS IN CORE TECHNOLOGIES. PROMOTES THE ADOPTION OF ANALYTICS BASED SYSTEMS AMONG INSTITUTIONS OF HIGHER EDUCATION. CONDUCTS ENTERPRISE AND ADMINISTRATIVE PURSUITS CONCERNING THE USE OF INFORMATION TECHNOLOGY IN HIGHER EDUCATION INSTITUTIONS.
CONFERENCES AND EVENTS: SUPPORTS ALL CONFERENCES AND EVENTS HELD BY THE ORGANIZATION INCLUDING THE ANNUAL CONFERENCE, THE ORGANIZATION'S PREMIER PROFESSIONAL DEVELOPMENT INITIATIVE WHICH PROVIDES LEARNING AND NETWORKING OPPORTUNITIES TO ALL LEVELS OF INFORMATION TECHNOLOGY PROFESSIONALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John O'brien President And CEO | OfficerTrustee | 65 | $555,884 |
Susan Grajek VP Communities & Research | Officer | 40 | $322,105 |
Stacy Ruwe VP Busn Services & Cfo(thru 5/21) | Officer | 40 | $313,065 |
Eden Dahlstrom VP Professional Learning | Officer | 40 | $229,519 |
Catherine Yang VP Digital Communications | Officer | 40 | $222,162 |
Mairead Martin Chief Information Officer | Officer | 40 | $204,473 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Freeman Decorating Company Conference Management | 12/30/21 | $293,541 |
Cv282 Century Landlord Services | 12/30/21 | $264,397 |
Tyton Partners Strategy Consulting | 12/30/21 | $255,000 |
Velir Studios Inc Website Redesign | 12/30/21 | $258,405 |
Viget Labs Communications Consulting | 12/30/21 | $114,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,488,321 |
| All other contributions, gifts, grants, and similar amounts not included above | $370,697 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,859,018 |
| Total Program Service Revenue | $17,268,257 |
| Investment income | $817,721 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $930,933 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $23,875,929 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $11,816 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,280,152 |
| Compensation of current officers, directors, key employees. | $1,283,414 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,323,440 |
| Pension plan accruals and contributions | $576,327 |
| Other employee benefits | $787,112 |
| Payroll taxes | $549,605 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $137,443 |
| Fees for services: Accounting | $35,760 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $253,600 |
| Fees for services: Other | $2,289,009 |
| Advertising and promotion | $0 |
| Office expenses | $488,682 |
| Information technology | $1,821,219 |
| Royalties | $0 |
| Occupancy | $817,610 |
| Travel | $71,770 |
| 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 | $781,494 |
| Insurance | $47,636 |
| All other expenses | $70,233 |
| Total functional expenses | $18,242,583 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,170,490 |
| Savings and temporary cash investments | $4,119,080 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $704,949 |
| 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 | $604,424 |
| Net Land, buildings, and equipment | $836,042 |
| Investments—publicly traded securities | $32,388,472 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $44,000 |
| Other assets | $1,045,533 |
| Total assets | $45,912,990 |
| Accounts payable and accrued expenses | $2,345,455 |
| Grants payable | $0 |
| Deferred revenue | $8,676,358 |
| 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 | $979,828 |
| Total liabilities | $12,001,641 |
| Net assets without donor restrictions | $33,226,000 |
| Net assets with donor restrictions | $685,349 |
| 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 | $45,912,990 |
Grants Awarded
Over the last fiscal year, Educause has awarded $1,185,429 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
Denver, CO PURPOSE: COLLEGE READINESS & COMPLETION | $230,000 |
WESTED PURPOSE: COLLEGE READINESS & COMPLETION | $195,000 |
HAWAII STATE DEPARTMENT OF EDUCATION PURPOSE: COLLEGE READINESS & COMPLETION | $160,000 |
ESCONDIDO UNION HIGH SCHOOL DISTRICT PURPOSE: COLLEGE READINESS & COMPLETION | $103,170 |
Washington, DC PURPOSE: COLLEGE READINESS & COMPLETION | $90,068 |
Oakland, CA PURPOSE: COLLEGE READINESS & COMPLETION | $89,988 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Educause has recieved totaling $4,945,954.
| Awarding Organization | Amount |
|---|---|
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: POSTSECONDARY EDUCATION | $2,654,842 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: POSTSECONDARY EDUCATION | $2,291,112 |
Endowment Analysis
| Beg. Balance | $497,253 |
| Earnings | $143,608 |
| Ending Balance | $640,861 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pryor Learning Inc Mission, KS | $40,300,211 | $32,670,383 |
Educause Boulder, CO | $45,912,990 | $23,875,929 |
Graceland College Center For Prof Dev & Lifelong Learning Inc Mission, KS | $19,477,394 | $23,513,546 |
International School Of Denver Inc Denver, CO | $37,011,628 | $17,937,302 |
Aspen Global Change Institute Inc Basalt, CO | $40,273,287 | $16,176,198 |
Silicon Slopes Lehi, UT | $2,661,490 | $5,981,892 |
In His Image International Inc Tulsa, OK | $3,455,358 | $3,136,702 |
Street Business School Niwot, CO | $2,508,197 | $1,732,251 |
Bicycle Colorado Denver, CO | $923,055 | $2,339,915 |
Literacy Connects Tucson, AZ | $3,553,205 | $2,396,997 |
Learning Resources Network Inc Manhattan, KS | $1,529,261 | $2,126,100 |
Sutherland Institute Salt Lake City, UT | $497,702 | $1,430,169 |