Council For Aid To Education Inc
- Assets
- $1.1m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 18
- Location
- New York, NY
- Founding
- 09/2008
- Data as of
- 07/2024
- EIN
- 95-4570253
Organization Overview
Council For Aid To Education Inc is located in New York, NY. The organization was established in 2008. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. As of 07/2024, Council For Aid To Education Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Council For Aid To 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 07/2024, Council For Aid To Education Inc generated $4.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $4.7m during the year ending 07/2024. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP SECONDARY AND POST SECONDARY EDUCATION INSTITUTIONS IMPROVE STUDENT OUTCOMES BY ASSESSING CRITICAL THINKING, PROBLEM SOLVING AND WRITTEN COMMUNICATION AND TO ADVANCE OPPORTUNITIES FOR A QUALITY EDUCATION BY CONDUCTING EDUCATION POLICY RESEARCH AND DISSEMINATING INFORMATION BASED ON THIS RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAE CONDUCTS RESEARCH AND CREATES INNOVATIVE ASSESSMENTS WITH FUNDING FROM PRIVATE FOUNDATIONS, INDIVIDUALS, EDUCATION INSTITUTIONS AND CORPORATIONS FOCUSED ON EDUCATION POLICY AND ANALYSIS OF EDUCATION ISSUES. THE RESEARCH SPURS IMPROVEMENT AND VALIDATION OF CAE'S ASSESSMENTS AND ALLOWS FOR SHARING POLICY AND INSTRUCTIONAL INSIGHTS WITH EDUCATIONAL STAKEHOLDERS.
USING ITS UNIQUE ASSESSMENTS, CAE HELPS SECONDARY AND POST SECONDARY INSTITUTIONS MEASURE STUDENTS' CRITICAL THINKING AND WRITTEN COMMUNICATION SKILLS. THESE SKILLS ARE IN HIGH DEMAND BY EMPLOYERS AND CAE'S RESEARCH SHOWS THAT THESE SKILLS ARE PREDICTIVE OF POSITIVE POST SECONDARY AND EMPLOYMENT OUTCOMES.SINCE CAE'S INCEPTION, OVER 825,000 STUDENTS AT OVER 1300 INSTITUTIONS HAVE PARTICIPATED IN THE ASSESSMENTS ALLOWING STUDENTS, EDUCATORS AND ADMNISTRATORS TO USE THE RESULTS TO IMPROVE CURRICULUM AND INFORM EDUCATION POLICY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Yayac President And CEO | OfficerTrustee | 40 | $441,103 |
Dennis Brown Trustee | Trustee | 0.5 | $0 |
Michael Feuer PHD Trustee | Trustee | 0.5 | $0 |
Diane Ferguson Trustee | Trustee | 0.5 | $0 |
Judith Eaton Trustee | Trustee | 0.5 | $0 |
V Darleen Opfer Trustee | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bizdev Consulting Llc Consulting Services | 7/30/24 | $441,103 |
Capstan Linguistic Quality Control Inc Language Services | 7/30/24 | $282,304 |
Strategos Public Affairs Llc Marketing Consulting Services | 7/30/24 | $185,918 |
Spyre Marketing Marketing Services | 7/30/24 | $167,953 |
Graphic World Graphics And Related Services | 7/30/24 | $196,082 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,569,940 |
| 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 | $4,636,145 |
| 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. | $930,873 |
| Compensation of current officers, directors, key employees. | $168,027 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $679,183 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $336,132 |
| Payroll taxes | $126,509 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,797,846 |
| Advertising and promotion | $348,961 |
| Office expenses | $168,374 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $136,910 |
| Interest | $44,323 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $60,135 |
| Insurance | $24,501 |
| All other expenses | $28,263 |
| Total functional expenses | $4,682,010 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $87,202 |
| Savings and temporary cash investments | $540,312 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $118,309 |
| 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 | $70,523 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $310,340 |
| Total assets | $1,126,686 |
| Accounts payable and accrued expenses | $203,845 |
| Grants payable | $0 |
| Deferred revenue | $685,290 |
| 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 | $450,706 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,339,841 |
| Net assets without donor restrictions | -$213,155 |
| Net assets with donor restrictions | $0 |
| 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 | $1,126,686 |