Nonprofit screen
Screen a listInnovateedu 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
- No record
- Charity type
- 509(a)(1)
$2.6Mrevenue
FY2025 · −55% in 3 yrs37staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−21.2%
Months of reserve15.7mo
Revenue growth (annualized)−3.1%
Middle half of peersMedianInnovateedu
Where the money goes FY2025 · $3.1M spent
Programs$2.6M83%Management and general$474k15%Fundraising$42k1%990 FY2025 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$1.1M in FY2024 and −$544k in FY2025. Cash covers 15.7 months, above the peer median of 3.9.
990 Part I and balance sheetIn its favor3
Strong governance
6 of 6 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIFunders stay
3 of the 5 funders that gave before FY2021 are still giving.
Funders’ 990-PF grant listsA history of government grants
Government grants on 9 of its 9 returns, 16% of revenue in FY2025.
990 Part VIII18funders
$1.9Ma year, last 3 years
65%from its largest funder
Funder’17’18’19’20’21’22’23Gates FoundationSince FY2019$1.5M$1.1M$1.7M$500k$1.6MCarnegie Corporation of New YorkOn and off$1.1M$791k$426k$100k$100kMichael & Susan Dell FoundationSince FY2021$422k$553k$225kCharter Fund Inc D/B/A Charter School Growth FundOn and off$950kXq InstituteOn and off$600k$60kNew Schools FundOn and off$188k$200kDonor-advised giftsDonors not disclosed$160k$100k4 other fundersUp to $150k a year each$23k$375k
FundedThrough a donor-advised fund