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Massachusetts · Nonprofit

WORCESTER EDUCATIONAL DEVELOPMENT FOUNDATION INC

WORCESTER EDUCATIONAL DEVELOPMENT FOUNDATION INC (Massachusetts) receives grants from 20 organizations whose IRS filings report $1,993,662 to it, the largest being FIDELITY NON-PROFIT MANAGEMENT FOUNDATION ($810,000). 11 of them have funded it in more than one year.

Revenue FY2025
$641k
Funders on record
20
Grants received
$2.0M
Net assets
$595k
11/20 repeat fundersgrants exceed reported revenue in one year
01What it does

What Worcester Educational Development Foundation Inc does

Mission

To collaborate with the worcester public schools to provide programs and resources to improve learning and success for students. We are working to eliminate barriers to students reaching their full academic potential by supporting rich opportunities for students including arts and culture, athletics, and health and wellness.

As stated on its FY2025 Form 990.

Programs

  1. Culture and arts programs including student concerts and other supports of arts and music programs. Curriculum-based field trips for 20,000+ students.

    $325,167 spent
    43% of program spending
  2. Science and technology programs includes procure equipment for vocational programs at the worcester technical high school and provide computers for graduating seniors through connected scholars.

    $337,021 spentof which $11,025 as grants
    45% of program spending
  3. College/career readiness programs including educational programs, materials & supplies and scholarships.

    $74,795 spentof which $12,000 as grants
    10% of program spending
  4. Other program services, not described on the e-filed return.

    $13,318 spentof which $994 as grants
    2% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $750,301.

02The organization over time

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.

100 = 20172017 Revenue 100 ($444k) Expenses 100 ($404k) Net assets 100 ($381k)2018 Revenue 110 ($486k) Expenses 115 ($466k) Net assets 105 ($400k)2019 Revenue 101 ($449k) Expenses 116 ($468k) Net assets 100 ($381k)2020 Revenue 114 ($507k) Expenses 114 ($462k) Net assets 112 ($426k)2021 Revenue 27 ($119k) Expenses 38 ($154k) Net assets 103 ($391k)2022 Revenue 180 ($797k) Expenses 143 ($578k) Net assets 157 ($599k)2023 Revenue 99 ($438k) Expenses 163 ($657k) Net assets 101 ($386k)2024 Revenue 224 ($995k) Expenses 152 ($614k) Net assets 204 ($778k)2025 Revenue 144 ($641k) Expenses 206 ($833k) Net assets 156 ($595k)
'17'18'19'20'21'22'23'24'25
Revenue (144)Expenses (206)Net assets (156)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $439k to $796k (+81%).

$391k
$410k
$398k
$441k
$404k
$621k
$439k
$796k
$611k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 12%. Grants only. Government contracts and fees sit inside program revenue.

95% of WORCESTER EDUCATIONAL DEVELOPMENT FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (57% for the typical peer).

This organization
Typical peer · 24,946 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

$40k
’17
$20k
’18
−$19k
’19
$45k
’20
−$36k
’21
$220k
’22
−$219k
’23
$381k
’24
−$192k
’25
6.8
months of
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

Louise Clarke

Interim executive director

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2024 and FY2025 filings.

'17'18'19'20'21'22'23'24'25
Listed151313131314161412
Joined·+3+1+3+0+4+3+5+0
No longer listed·51303172
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 3 funders to 6 funders, grant income rose $2k → $719k.

4 of 20 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.

From the IRS filings of WORCESTER EDUCATIONAL DEVELOPMENT 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

WORCESTER EDUCATIONAL DEVELOPMENT FOUNDATION INC leans on a few funders — its largest provides 41% of grant income and the top three 92%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

43% 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 WORCESTER EDUCATIONAL DEVELOPMENT FOUNDATION INC.

41%
largest funder
92%
top three
~3
effective funders

Largest funder’s share by year: 2017 49% · 2018 83% · 2019 88% · 2020 68% · 2021 56% · 2022 65% · 2023 71% — growing more concentrated.

“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

23% of WORCESTER EDUCATIONAL DEVELOPMENT FOUNDATION INC's funders are still giving 3 years after their first grant; 55% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

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

100% of WORCESTER EDUCATIONAL DEVELOPMENT FOUNDATION INC's grant income comes from Massachusetts funders.

NH
IL
MA

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Massachusetts out of state home

Funder states come from each funder’s own filing. $28k 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.

04Its place in the field

Against its field

WORCESTER EDUCATIONAL DEVELOPMENT FOUNDATION INC is better cushioned than half of the 16,849 education nonprofits its size.

Operating margin−30% · bottom quartile
Months of reserve6.8mo · above the median
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 16,849 education nonprofits $100k–$1M, FY2025

Organizations like WORCESTER EDUCATIONAL DEVELOPMENT 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 Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

90% of spending goes to programs.

Program 90%Management 9%Fundraising 1%

Governance

10
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MA

Screen this organization

A dated, signed PDF of the compliance screen for WORCESTER EDUCATIONAL DEVELOPMENT 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.

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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 WORCESTER EDUCATIONAL DEVELOPMENT FOUNDATION INC?
WORCESTER EDUCATIONAL DEVELOPMENT FOUNDATION INC (Massachusetts) receives grants from 20 organizations whose IRS filings report $1,993,662 to it, the largest being FIDELITY NON-PROFIT MANAGEMENT FOUNDATION ($810,000). 11 of them have funded it in more than one year.
How many funders does WORCESTER EDUCATIONAL DEVELOPMENT FOUNDATION INC have?
IRS filings report 20 organizations giving $1,993,662 in grants to WORCESTER EDUCATIONAL DEVELOPMENT FOUNDATION INC, 11 of which have funded it in more than one year.
Who is the largest funder of WORCESTER EDUCATIONAL DEVELOPMENT FOUNDATION INC?
FIDELITY NON-PROFIT MANAGEMENT FOUNDATION is the largest funder on record, with $810,000 in grants. The full list of funders is on this page.
How can an organization like WORCESTER EDUCATIONAL DEVELOPMENT FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Worcester Educational Development →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 20 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