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Minnesota · Nonprofit

ECMC EDUCATION INC

ECMC EDUCATION INC (Minnesota) receives grants from 1 organization whose IRS filings report $0 to it, the largest being I CAR EDUCATION FOUNDATION ($0). 1 of them have funded it in more than one year.

Revenue FY2024
$14M
Funders on record
1
Grants received
$0
Net assets
$-13170915
1/1 repeat funderspeak grant-dependency 0%
01What it does

What Ecmc Education Inc does

Mission

Ecmc education, inc.'s mission is to transform career and technical education to provide aspiring and current learners with skills to elevate their careers and communities.

As stated on its FY2024 Form 990.

Programs

  1. Instruction and student services:ecmc education, inc., dba altierus career college, is a nonprofit provider of career school training in the postsecondary education industry offering educational opportunities with an emphasis in allied health and trades. Ecmc education, inc. Engages with faculty, industry leaders, and employers to help identify skills, competencies, behaviors and certifications that fit the needs of the marketplace and enhance each graduate's ability to find a job in his or her chosen field. The schools are accredited to grant diploma and associate degrees. Ecmc education, inc. Serves a non-traditional, underserved student population: 65% of ecmc education, inc. Students are eligible for pell grants (54% are eligible for full pell grants); 73% of ecmc education, inc.'s student body is female; 87% of students are non-white; 58% of students are older than 25 years old; 62% of ecmc education, inc.'s students are first-time, first-year college students; and only 16% of students depend upon their parents or guardians' financial resources. Ecmc education, inc. Delivers services that make a student's transition from high school to a postsecondary institution as easy and…

    $6,687,221 spent$386,025 earned by the program
    99% of program spending
  2. Grants and scholarships:ecmc education, inc. Offers the following scholarship and grant programs to make college affordable for our students: altierus grants, in it together scholarships, employee and military scholarships. Funds are available to pay for tuition, books and fees.the altierus grant is an institutional grant program awarded on an annual basis to students of altierus schools owned by ecmc education, inc. Who demonstrate financial need. The amount and source of the grant, which can be up to $10,000 per academic year, is available for new and continuing students and may vary by student based on the demonstrated financial assistance needed and institutional grant funding availability. Altierus military scholarships offer up to 10% of tuition per term or academic period for their spouses, as well as for veterans and their dependents using va education benefits. As of december 31, 2023, ecmc education, inc. No longer enrolls any students and voluntarily ceased participation with title iv programs in alignment with the planned closures of the three campuses during 2023.

    $47,329 spentof which $47,329 as grants
    1% of program spending

The 2 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $6,734,550.

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 ($275M) Expenses 100 ($298M)2018 Revenue 63 ($172M) Expenses 71 ($212M)2019 Revenue 25 ($70M) Expenses 17 ($52M)2020 Revenue 28 ($78M) Expenses 13 ($38M)2021 Revenue 22 ($59M) Expenses 17 ($51M)2022 Revenue 16 ($43M) Expenses 17 ($50M)2023 Revenue 11 ($32M) Expenses 4 ($13M)2024 Revenue 5 ($14M) Expenses 2 ($4.6M)
'17'18'19'20'21'22'23'24
Revenue (5)Expenses (2)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 2017 to 2018, from $20M to $11M (−46%).

$20M
$11M
$10M
$10M
$8.9M
$12M
$5.9M
$2.9M
'17'18'19'20'21'22'23'24
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
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 2% · 2018 0% · 2019 0% · 2020 13% · 2021 11% · 2022 2% · 2023 0%. Grants only. Government contracts and fees sit inside program revenue.

68% of ECMC EDUCATION INC’s revenue is contributions — more donation-reliant than 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.

−$23M
’17
−$40M
’18
$18M
’19
$40M
’20
$8.3M
’21
−$6.3M
’22
$19M
’23
$9.5M
’24
5.2
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.

Chief executive

Daniel Fisher

President & CEO, ecmc group

As listed on its FY2024 Form 990.

202220232024
Listed292116
Joined·+2+1
No longer listed·106
03Who funds it
04Its place in the field

Against its field

ECMC EDUCATION INC runs a healthier operating margin than three-quarters of the 4,064 education nonprofits its size.

Operating margin68% · top quartile
Months of reserve5.2mo · above the median
Revenue growth (annualized)−35% · bottom quartile

this organization peer median middle 50% of peers· 4,064 education nonprofits $10M–$100M, FY2024

Government funding ECMC EDUCATION INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $15.5M on record — $15.5M federal, $172 state.

Federal$15.5M
grants $15.5Mcontracts $0
20
21
Top agencies
  • Department of Education$15.5M
State$172
Top programs
  • REFUNDS - GENERAL $172

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 ECMC EDUCATION 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 Minnesota

Nationally

05Profile & governance

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

Where the money goes

13% of spending goes to programs.

Program 13%Management 87%Fundraising 0%

Governance

9
board members
89%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

35%

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

Footprint & structure

Files a return copy in 3 states

MN
CA
GA

Part of a family of 37 related entities

  • Ecmc Group Inc · exempt
  • Educational Credit Management Corporation · exempt
  • Ecmc Foundation · exempt
  • Ecmc Revenue Management Corporation · exempt
  • Ecmc Services Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for ECMC EDUCATION 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 ECMC EDUCATION INC?
ECMC EDUCATION INC (Minnesota) receives grants from 1 organization whose IRS filings report $0 to it, the largest being I CAR EDUCATION FOUNDATION ($0). 1 of them have funded it in more than one year.
How many funders does ECMC EDUCATION INC have?
IRS filings report 1 organization giving $0 in grants to ECMC EDUCATION INC, 1 of which have funded it in more than one year.
Who is the largest funder of ECMC EDUCATION INC?
I CAR EDUCATION FOUNDATION is the largest funder on record, with $0 in grants. The full list of funders is on this page.
How can an organization like ECMC EDUCATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. 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 FY2024 (financials across 2017–2024), and the filings of 1 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