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Massachusetts · Nonprofit

BELLWETHER EDUCATION PARTNERS INC

BELLWETHER EDUCATION PARTNERS INC (Massachusetts) receives grants from 77 organizations whose IRS filings report $42,197,439 to it, the largest being Walton Family Foundation Inc ($10,851,261). 33 of them have funded it in more than one year.

Revenue FY2025
$24M
Funders on record
77
Grants received
$42M
Net assets
$14M
33/77 repeat funderspeak grant-dependency 35%
01What it does

What Bellwether Education Partners Inc does

Mission

Bellwether is a national nonprofit, founded in 2010, that works to ensure young people, especially those furthest from opportunity, achieve outcomes that lead to fulfilling lives and flourishing communities. Our vision is that all young people have access to an excellent education and live lives filled with opportunity.

As stated on its FY2025 Form 990.

Program

  1. Since our founding in 2010, we have worked to develop and amplify the insights, innovations, and ideas necessary to advance educational options in this country by:1. Supporting mission-driven clients from school systems and public agencies to nonprofits and philanthropies as they navigate tough decisions2. Informing the sector with clear insights and bold idea3. Bringing leaders together to learn, connect, and drive changeour work spans early childhood education through postsecondary and career pathways. Our team of nearly 100 experts pairs deep knowledge across all these areas with experience on the ground as educators, school leaders, policymakers, and executives in the public and private sectors allowing us to offer unparalleled insights for our clients and the sector.we have worked with more than 800 clients nationwide in some of the nation's largest cities and most remote rural areas supporting them with strategy, continuous improvement, and analysis of how the education ecosystem shapes their work. Our partners include individual schools, charter networks, traditional school districts, state education leaders, region-based intermediaries, philanthropic funders, advocacy…

    $22,495,815 spentof which $224,548 as grants$17,920,914 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $22,495,815.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($12M) Expenses 100 ($11M) Net assets 100 ($5.2M)2019 Revenue 160 ($20M) Expenses 142 ($16M) Net assets 173 ($8.9M)2020 Revenue 152 ($19M) Expenses 164 ($19M) Net assets 169 ($8.7M)2021 Revenue 153 ($19M) Expenses 150 ($17M) Net assets 198 ($10M)2022 Revenue 149 ($18M) Expenses 153 ($17M) Net assets 212 ($11M)2023 Revenue 286 ($35M) Expenses 230 ($26M) Net assets 378 ($19M)2024 Revenue 232 ($28M) Expenses 273 ($31M) Net assets 328 ($17M)2025 Revenue 193 ($24M) Expenses 238 ($27M) Net assets 262 ($14M)
'17'19'20'21'22'23'24'25
Revenue (193)Expenses (238)Net assets (262)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $13M to $23M (+80%).

$7.0M
$12M
$12M
$13M
$13M
$23M
$21M
$17M
'17'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 7%. Grants only. Government contracts and fees sit inside program revenue.

22% of BELLWETHER EDUCATION PARTNERS INC’s revenue is contributions — about as donation-reliant as the typical peer (23% for the typical peer).

This organization
Typical peer · 4,251 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$808k
’17
$3.4M
’19
−$190k
’20
$1.5M
’21
$731k
’22
$8.7M
’23
−$2.8M
’24
−$3.5M
’25
1.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Grace Heintz

Secretary & chairman of the board

As listed on its FY2025 Form 990.

'17'19'20'21'22'23'24'25
Listed1917171917171719
Joined··+1+4+3+6+2+3
No longer listed··125621
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 6 funders to 26 funders, grant income rose $1.2M → $8.5M.

16 of 77 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 12% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of BELLWETHER EDUCATION PARTNERS INC’s funders (the co-funder graph). Top 30 of 77 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

BELLWETHER EDUCATION PARTNERS INC has a broad base — no single funder exceeds 26% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

28% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund BELLWETHER EDUCATION PARTNERS INC.

26%
largest funder
56%
top three
~8
effective funders

Largest funder’s share by year: 2017 43% · 2018 30% · 2019 39% · 2020 21% · 2021 39% · 2022 48% · 2023 41% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

23% of BELLWETHER EDUCATION PARTNERS INC's funders are still giving 3 years after their first grant; 43% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

BELLWETHER EDUCATION PARTNERS INC draws 99% of its grant income from funders outside Massachusetts, across 20 states in all.

WA
MN
IL
WI
NY
MA
OR
OH
PA
CA
CO
NE
VA
AR
TN
NC
DC
OK
GA
TX

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Massachusetts out of state home

Funder states come from each funder’s own filing. $4.9M arriving through sponsors registered in 10 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

BELLWETHER EDUCATION PARTNERS INC has grown faster than half of the 3,758 education nonprofits its size.

Operating margin−15% · bottom quartile
Months of reserve1.0mo · bottom quartile
Revenue growth (annualized)9% · above the median

this organization peer median middle 50% of peers· 3,758 education nonprofits $10M–$100M, FY2025

Government funding BELLWETHER EDUCATION PARTNERS INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $121k on record.

State$121k
Top programs
  • Grant$121k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like BELLWETHER EDUCATION PARTNERS INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

83% of spending goes to programs.

Program 83%Management 15%Fundraising 2%

Governance

6
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

61%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 9 states

IL
NY
MA
IN
CA
VA
TN
HI
GA

Screen this organization

A dated, signed PDF of the compliance screen for BELLWETHER EDUCATION PARTNERS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds BELLWETHER EDUCATION PARTNERS INC?
BELLWETHER EDUCATION PARTNERS INC (Massachusetts) receives grants from 77 organizations whose IRS filings report $42,197,439 to it, the largest being Walton Family Foundation Inc ($10,851,261). 33 of them have funded it in more than one year.
How many funders does BELLWETHER EDUCATION PARTNERS INC have?
IRS filings report 77 organizations giving $42,197,439 in grants to BELLWETHER EDUCATION PARTNERS INC, 33 of which have funded it in more than one year.
Who is the largest funder of BELLWETHER EDUCATION PARTNERS INC?
Walton Family Foundation Inc is the largest funder on record, with $10,851,261 in grants. The full list of funders is on this page.
How can an organization like BELLWETHER EDUCATION PARTNERS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 77 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing