Nonprofit screen
Screen a listStrada Education Foundation 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)
$208Mrevenue
FY2024 · −29% in 3 yrs1,789staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin13.1%
Months of reserve3.1mo
Revenue growth (annualized)+11.5%
Middle half of peersMedianStrada Education
Where the money goes FY2024 · $181M spent
Programs$91M51%Management and general$85M47%Fundraising$4.2M2%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$12M in FY2022 and −$9.9M in FY2023. Cash covers 3.1 months, under the peer median of 4.1.
990 Part I and balance sheetIn its favor2
Strong governance
14 of 15 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 11% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohort15funders
$39Ma year, last 3 years
99%from its largest funder
Funder’17’18’19’20’21’22’23Ascendium Education Solutions IncStopped after FY2022$87M$64M$66M$50M–Northwest Education Loan AssociationStopped after FY2018$1.5M$3.0M–Elisabeth C Deluca Foundation IncNew in FY2023$800kWoodward Hines Education FoundationNew in FY2023$21kThe Ahla FoundationOn and off$8kDonor-advised giftsDonors not disclosed$270k
FundedThrough a donor-advised fundStopped