Nonprofit screen
Screen a listFwdus Education Fund Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Registered
- Charity type
- 509(a)(1)
$12Mrevenue
FY2024 · −77% in 3 yrs1staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin11.8%
Months of reserve7.8mo
Revenue growth (annualized)+6.6%
Middle half of peersMedianFwdus Education
Where the money goes FY2024 · $11M spent
Programs$8.6M80%Management and general$1.6M14%Fundraising$654k6%990 FY2024 · Part IX line 25
Worth checking2
A major funder stopped after FY2022
Chan Zuckerberg Initiative Foundation gave about $6.4M a year for four years.
Funders’ 990-PF grant listsDeficits in 2 of the last 3 years
−$15M in FY2022 and −$8.3M in FY2023. Cash covers 7.8 months, above the peer median of 3.3.
990 Part I and balance sheetIn its favor
None found in the filings.
48funders
$19Ma year, last 3 years
42%from its largest funder
Funder’17’18’19’20’21’22’23Chan Zuckerberg Initiative FoundationStopped after FY2022$3.5M$6.5M$9.5M$6.0M–Jennifer and Jonathan Allan Soros FoundaSince FY2022$1.0M$250kThe David and Lucile Packard FoundationStopped after FY2022$500k$700k–Catena FoundationNew in FY2023$900kFoundation to Promote Open SocietySince FY2021$125k$200k$250kThe Ford FoundationOn and off$100k$75k$400kDonor-advised giftsDonors not disclosed$12M$24M$1.4M$4.1M$30M$2.1M$2.5M18 other fundersUp to $500k a year each$252k$95k$310k$165k$1.5M
FundedThrough a donor-advised fundStopped