Indiana · Nonprofit
STRADA EDUCATION FOUNDATION INC
STRADA EDUCATION FOUNDATION INC (Indiana) receives grants from 15 organizations whose IRS filings report $280,354,697 to it, the largest being ASCENDIUM EDUCATION SOLUTIONS INC ($269,965,386). 3 of them have funded it in more than one year.
- Revenue FY2024
- $208M
- Funders on record
- 15
- Grants received
- $280M
- Net assets
- $1.8B
What Strada Education Foundation Inc does
Mission
Strada education foundation, inc. ("strada") develops and supports programs, policies, and organizations that strengthen connections between education and opportunity in the u.s., with a special focus on helping those who face the greatest challenges securing opportunity through postsecondary education or training. Strada's work is grounded in five focus areas: clear outcomes, quality coaching, affordability, work-based learning, and employer alignment (the "focus areas").
As stated on its FY2024 Form 990.
Programs
On its FY2024 return the organization reported starting a significant new program.
Strada education foundation, inc. ("strada") deploys a diverse range of tools to further its mission. In 2024, strada expanded its portfolio of impact levers to include a new policy and advocacy program designed to engage directly with policymakers and other government leaders at state and federal levels to identify and advance nonpartisan, evidence-based policies designed to strengthen pathways to opportunity for all learners. Strada's affiliate programs (operated through disregarded entities) also serve as an important lever in furthering the organization's charitable priorities. In 2024, strada established two new affiliates - credlens, llc ("credlens") and strada collaborative, llc ("strada collaborative"). Credlens promotes the advancement of non-degree credentials by providing data-driven insights on credential outcomes. Strada collaborative (I) supports non-traditional and post-traditional adult learners, (ii) creates publicly available career exploration media resources for students, (iii) drives work-based learning opportunities, and (iv) provides access to educational and career support to students through coaches and mentors.
Its own explanation, from Schedule O of that return (Part III, line 2).
Catalytic grantmaking: through its grantmaking, strada education foundation, inc. ("strada") provides catalytic funding for nonprofit organizations, postsecondary education institutions, and workforce and skills-based educational providers that advance the organization's focus areas and charitable mission. In 2024, strada made over 90 grants across various programs, including the hbcu initiative, a $25m, multi-year series of grants designed to support scholarship and leadership development programs for 450 students at 48 historically black colleges and universities across the country.
$32,348,144 spentof which $27,652,991 as grants35% of program spendingActionable research: strada's actionable research seeks to provide the public and industry with insights into what learners need to realize their career goals and what employers need to build a robust talent pipeline. In 2024, strada launched the inaugural state opportunity index, a publicly-available research report that helps states assess how well they are connecting education to opportunity across all of the organization's focus areas. Strada's research efforts also include the strada institute for the future of work, a program that develops and conducts rigorous, field-leading, publicly-available research to provide actionable insights on how to strengthen educational pathways that lead to economic opportunity for individuals and respond to the talent needs of employers.
$4,383,777 spent$16,000 earned by the program5% of program spendingPolicy and advocacy solutions: strada engages directly with policymakers and other government leaders at state and federal levels to identify and advance nonpartisan, evidence-based policies designed to strengthen pathways to opportunity for all learners. In 2024, strada released its first-ever public policy agenda. Grounded in the organization's focus areas, the agenda provides a holistic approach to improving policy so that all learners have the opportunities and support they need to complete an education pathway and succeed in a meaningful career.
$10,332,423 spent11% of program spendingStrategic investments: strada's strategic investments program manages a portfolio of mission-related investments in early-stage companies and fund managers that drive positive change in the education-workforce system and advance the organization's charitable mission and focus areas.education to opportunity programs and services through credlens, llc and strada collaborative, llc.
$44,324,552 spent$37,596,860 earned by the program49% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $91,388,896.
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 2020 to 2021, from $1.7B to $2.1B (+23%).
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.
Government-grant reliance: 2024 1%. Grants only. Government contracts and fees sit inside program revenue.
7% of STRADA EDUCATION FOUNDATION INC’s revenue is contributions — about as donation-reliant as the typical peer (9% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.
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
Stephen Moret
CEO & president
Board chair
Marlene V Coulis
Chairman
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 4 funders, grant income fell $1.5M → $1.1M.
4 of 15 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $123M from one payer (an institutional transfer, not a grant programme, largest United Student Aid Funds Inc); $49M from one payer (the payer shares this organization's board, largest Strada Collaborative Inc). These are real filings, and they are not money STRADA EDUCATION FOUNDATION INC raised.
From the IRS filings of STRADA EDUCATION FOUNDATION 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
STRADA EDUCATION FOUNDATION INC leans on a few funders — its largest provides 96% of grant income and the top three 98%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
99% 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 STRADA EDUCATION FOUNDATION INC.
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 100% · 2021 100% · 2022 100% · 2023 73% — 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.
Where its funders are
STRADA EDUCATION FOUNDATION INC draws 100% of its grant income from funders outside Indiana, across 9 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $2.1M arriving through sponsors registered in 4 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.
Against its field
STRADA EDUCATION FOUNDATION INC runs a healthier operating margin than half of the 43 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 43 community improvement nonprofits over $100M, FY2024
Organizations like STRADA EDUCATION FOUNDATION 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 Indiana
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
51% of spending goes to programs.
Governance
Public support
31%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 4 related entities
- Strada Collaborative LLC · disregarded
- Credlens LLC · disregarded
- Strada Philanthropy Inc · exempt
- Strada Solutions Inc · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for STRADA EDUCATION FOUNDATION 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 STRADA EDUCATION FOUNDATION INC?
- STRADA EDUCATION FOUNDATION INC (Indiana) receives grants from 15 organizations whose IRS filings report $280,354,697 to it, the largest being ASCENDIUM EDUCATION SOLUTIONS INC ($269,965,386). 3 of them have funded it in more than one year.
- How many funders does STRADA EDUCATION FOUNDATION INC have?
- IRS filings report 15 organizations giving $280,354,697 in grants to STRADA EDUCATION FOUNDATION INC, 3 of which have funded it in more than one year.
- Who is the largest funder of STRADA EDUCATION FOUNDATION INC?
- ASCENDIUM EDUCATION SOLUTIONS INC is the largest funder on record, with $269,965,386 in grants. The full list of funders is on this page.
- How can an organization like STRADA EDUCATION FOUNDATION INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. 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 15 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 22, 2026. What this page cannot tell you · view filing