New York · Nonprofit
Modern States Education Alliance Inc
Modern States Education Alliance Inc (New York) receives grants from 10 organizations whose IRS filings report $2,299,050 to it, the largest being CARNEGIE CORPORATION OF NEW YORK ($900,000). 4 of them have funded it in more than one year.
- Revenue FY2024
- $7.1M
- Funders on record
- 10
- Grants received
- $2.3M
- Net assets
- $3.2M
What Modern States Education Alliance Inc does
Mission
Modern states education alliance is a non-profit dedicated to making a high quality college education free of cost and accessible to any person who seeks one. Its founding principle is that access to affordable education is fundamental to any philosophy that respects all individuals, and fundamental to the american dream. Modern states initial program, freshman year for free, is intended to let students complete one year of college without expense, saving 25 percent of the total cost of tuition. Modern states is partnering with edx, the leading online learning platform founded by harvard and mit. A donation has been made to edx to develop high quality freshman courses with top universities and professors. Each course includes online lectures, quizzes, tests, and other features; all online textbooks and materials are being provided to students free of charge. The courses will prepare students for the major "advanced placement" (ap)* or "college level examination program" (clep)* tests o
As stated on its FY2017 Form 990.
Program
See attachment
$6,400,886 spent
The program described on its FY2024 Form 990-PF.
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.
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 $132k to $2.9M (+2115%).
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
Steven B Klinsky
president & CEO
As listed on its FY2024 Form 990-PF.
Who funds it, year by year
2019 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $125k → $429k.
2 of 10 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 7% 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 Modern States Education Alliance Inc’s funders (the co-funder graph). 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
Modern States Education Alliance Inc leans on a few funders — its largest provides 39% of grant income and the top three 64%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
Largest funder’s share by year: 2019 100% · 2020 30% · 2021 51% · 2022 75% · 2023 58% — diversifying over time.
“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
25% of Modern States Education Alliance Inc's funders are still giving 3 years after their first grant; 40% give in more than one year at all.
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
91% of Modern States Education Alliance Inc's grant income comes from New York funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $156k arriving through sponsors registered in 1 state 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.
Against its field
Modern States Education Alliance Inc has grown faster than three-quarters of the 11,752 education nonprofits its size.
this organization peer median middle 50% of peers· 11,752 education nonprofits $1M–$10M, FY2024
Organizations like Modern States Education Alliance 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 New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Screen this organization
A dated, signed PDF of the compliance screen for Modern States Education Alliance 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.
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 Modern States Education Alliance Inc?
- Modern States Education Alliance Inc (New York) receives grants from 10 organizations whose IRS filings report $2,299,050 to it, the largest being CARNEGIE CORPORATION OF NEW YORK ($900,000). 4 of them have funded it in more than one year.
- How many funders does Modern States Education Alliance Inc have?
- IRS filings report 10 organizations giving $2,299,050 in grants to Modern States Education Alliance Inc, 4 of which have funded it in more than one year.
- Who is the largest funder of Modern States Education Alliance Inc?
- CARNEGIE CORPORATION OF NEW YORK is the largest funder on record, with $900,000 in grants. The full list of funders is on this page.
- How can an organization like Modern States Education Alliance Inc find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. 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 10 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