EDVESTORS INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- EDVESTORS INC (EIN 76-0794873)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2024-10-30
- IRS object ID
- 202443049349300909
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-10-30T07:05:47-05:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 042571780 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AAFCPAS INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 WASHINGTON STREET | AddressLine1Txt |
| City | WESTBOROUGH | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01581 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 760794873 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EDVESTORS INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | EDVE | BusinessNameControlTxt |
| Phone | 6175855740 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 142 BERKELEY STREET 410 | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02116 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARINELL ROUSMANIERE | PersonNm |
| Person Title | PRESIDENT & CEO | PersonTitleTxt |
| Phone | 6175855740 | PhoneNum |
| Signature | 2024-10-21 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CAITLIN LIMOGES CPA | PreparerPersonNm |
| PTIN | P01633588 | PTIN |
| Phone | 5083669100 | PhoneNum |
| Preparation | 2024-10-21 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MARINELL ROUSMANIERE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 142 BERKELEY STREET 410 | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02116 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $4,636,578 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.EDVESTORS.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2005 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | EDVESTORS IS A DYNAMIC SCHOOL CHANGE ORGANIZATION FOCUSED ON ACCELERATING SUBSTANTIVE IMPROVEMENT IN BOSTON SCHOOLS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 14 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 14 | VotingMembersIndependentCnt |
| Total Employee | 30 | TotalEmployeeCnt |
| Total Volunteers | 82 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $7,041,121 | PYContributionsGrantsAmt |
| CY Contributions Grants | $4,439,846 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $85,585 | PYInvestmentIncomeAmt |
| CY Investment Income | $196,732 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $7,126,706 | PYTotalRevenueAmt |
| CY Total Revenue | $4,636,578 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $907,131 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $872,680 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,099,789 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,171,956 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $524,595 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,824,661 | PYOtherExpensesAmt |
| CY Other Expenses | $2,997,600 | CYOtherExpensesAmt |
| PY Total Expenses | $5,831,581 | PYTotalExpensesAmt |
| CY Total Expenses | $6,042,236 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,295,125 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,405,658 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $10,853,706 | TotalAssetsBOYAmt |
| Total Assets EOY | $9,073,275 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,750,927 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,376,154 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $8,102,779 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $6,697,121 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | EDVESTORS WAS FOUNDED IN 2002 AS A PLATFORM TO CONNECT BOSTON PHILANTHROPISTS WITH THE CITY'S PUBLIC SCHOOLS BY IDENTIFYING, SHAPING, AND MATCHING DONORS WITH PROMISING SCHOOL IMPROVEMENT EFFORTS. (SEE SCHEDULE O) | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $2,119,087 | ExpenseAmt |
| Grant | $488,900 | GrantAmt |
| Desc | BOSTON PUBLIC SCHOOLS ARTS EXPANSION - A MULTI-YEAR COLLABORATIVE EFFORT TO EXPAND EQUITABLE ACCESS TO QUALITY ARTS LEARNING EXPERIENCES FOR ALL STUDENTS IN BOSTON PUBLIC SCHOOLS (BPS). (CONTINUED ON SCHEDULE O) THIS PUBLIC-PRIVATE PARTNERSHIP INVOLVES A LARGE AND COORDINATED NETWORK OF PARTNERS, INCLUDING SCHOOLS, ARTS INSTITUTIONS, TEACHING ARTISTS, AND FUNDERS, AMONG OTHERS. AS A RESULT OF THIS PUBLIC-PRIVATE PARTNERSHIP, 17,000 MORE STUDENTS ANNUALLY RECEIVE ARTS EDUCATION AS COMPARED WITH MORE THAN A DECADE AGO AND OUR PRIVATE INVESTMENT HAS LEVERAGED A 5:1 RETURN OF INCREASED BPS DISTRICT BUDGET INVESTMENT FOR ARTS EDUCATION. EDVESTORS IS THE LEAD IMPLEMENTATION PARTNER FOR BPS ARTS EXPANSION. IN 2019, EDVESTORS PARTNERED WITH BLOOMBERG PHILANTHROPIES TO BRING THE BLOOMBERG ARTS INTERNSHIP TO BOSTON, PROVIDING HIGH SCHOOL STUDENTS WITH SUMMER INTERNSHIPS AT THE CITY'S FOREMOST CULTURAL INSTITUTIONS AND ORGANIZATIONS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $333,007 | ExpenseAmt |
| Grant | $52,500 | GrantAmt |
| Desc | EDVESTORS' MATHEMATICS PROGRAM (ALSO KNOWN AS ZEROING IN ON MATH) HAS A GOAL OF IMPROVING THE MATHEMATICS EDUCATIONAL EXPERIENCES AND OUTCOMES OF STUDENTS IN BOSTON PUBLIC SCHOOLS, WITH A SPECIFIC AIM OF ADVANCING EQUITY IN MATHEMATICS. (CONTINUED ON SCHEDULE O)THROUGH THIS WORK, TEACHERS, STUDENTS, AND ADMINISTRATORS ARE ENGAGED TO ADVANCE TEACHING, LEARNING, AND CURRICULAR IMPROVEMENTS. OVER THE YEARS, RESULTS HAVE SHOWN THAT STUDENTS HAVE BENEFITED WITH INCREASED ASSESSMENT OUTCOMES AND TEACHERS HAVE REPORTED GREATER COMPETENCIES IN TEACHING MATHEMATICS. MOVING FORWARD, EDVESTORS WILL BUILD ON THESE ACCOMPLISHMENTS WHILE WORKING TOWARD SYSTEM-LEVEL IMPACT DRIVEN BY THE CONNECTEDNESS OF OUR SCHOOL-BASED WORK, DISTRICT-LEVEL PARTNERSHIPS, AND EXTERNAL COLLABORATIONS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,828,447 | ExpenseAmt |
| Grant | $128,880 | GrantAmt |
| Desc | CAREER PATHWAYS - AIMS TO INCREASE THE NUMBER OF BOSTON STUDENTS WHO PROGRESS THROUGH CAREER PATHWAYS THAT ARE ENGAGING AND RELEVANT, ADDRESS COMMUNITY NEEDS, AND PREPARE YOUNG PEOPLE TO ENTER MEANINGFUL CAREERS. THROUGH THE CAREER PATHWAYS INITIATIVE, EDVESTORS HELPS HIGH SCHOOLS AND THE DISTRICT TO PLAN AND PROVIDE QUALITY CAREER EDUCATION EXPERIENCES FOR MORE BOSTON STUDENTS, ENABLING THEM TO DEVELOP THE SKILLS NEEDED TO IDENTIFY, NAVIGATE TOWARDS, AND REALIZE THEIR COLLEGE AND CAREER READINESS GOALS. IN 2020, EDVESTORS PARTNERED WITH JPMORGAN CHASE ON A FIVE-YEAR, CROSS-SECTOR EFFORT TO IMPROVE SYSTEMS AND ELIMINATE STRUCTURAL BARRIERS TO MAKE QUALITY CAREER PATHWAYS ACCESSIBLE TO MORE STUDENTS IN BOSTON. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $926,792 | ExpenseAmt |
| Grant | $202,400 | GrantAmt |
| Desc | OTHER PROGRAM SERVICES INCLUDE THE SCHOOL ON THE MOVE PRIZE, RACIAL EQUITY SEED FUND, AND OTHER PROGRAMMATIC EXPENSES. THE SCHOOL ON THE MOVE PRIZE IS BOSTON'S PREMIER AWARD FOR BOSTON PUBLIC SCHOOLS. THE ANNUAL PRIZE INCLUDES A MONETARY AWARD TO ONE OF BPS' MOST RAPIDLY IMPROVING SCHOOLS, WITH SMALLER GRANTS TO THE TWO FINALISTS. THE PRIZE ALSO COMES WITH PUBLIC RECOGNITION AND THE OPPORTUNITY FOR THE WINNING SCHOOL TO DOCUMENT AND SHARE THEIR SUCCESSFUL IMPROVEMENT STRATEGIES TO INFORM THE WORK OF EDUCATORS. THROUGH THE RACIAL EQUITY SEED FUND, EDVESTORS MAKES INVESTMENTS IN A COHORT OF SCHOOLS EACH YEAR TO PROVIDE SCHOOLS WITH THE OPPORTUNITY TO CREATE AN ACTION-BASED LEARNING COMMUNITY THAT IMPLEMENTS, TESTS, AND SCALES SOLUTIONS TO ADVANCE RACIAL EQUITY. INVESTING IN ON-THE-GROUND SOLUTIONS, IN PARTNERSHIP WITH OUR FUNDERS, IS AN ESSENTIAL PART OF EDVESTORS' APPROACH TO STRATEGIC PHILANTHROPY. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $926,792 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $202,400 | TotalOtherProgSrvcGrantAmt |
| Total Program Service Expenses | $5,207,333 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 44 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 30 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 14 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 14 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARINELL ROUSMANIERE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6175855740 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 142 BERKELEY STREET 410 | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02116 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| MYRAN PARKER-BRASS | |||||||
| BOARD CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JENNIFER LARSON-JOYCE | |||||||
| VICE CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| KATHERINE S MCHUGH | |||||||
| CLERK | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DAVID SIMON | |||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| KATHERINE GROSS | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| FAITH PARKER | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| WILLIAM SCHAWBEL | |||||||
| BOARD MEMBER (UNTIL 5/2024) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JEAN-PHILLIP BRIGNOL | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTINE LETTS | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DR MARIA LUISA PARRA-VELASCO | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BRANDON CARDET-HERNANDEZ | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT ZACCARDI | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MATTHEW LESNIAK | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ABRA FRANCOIS | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MELODIE KNOWLTON | |||||||
| BOARD MEMBER (AS OF 5/2024) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARINELL ROUSMANIERE | |||||||
| PRESIDENT & CEO | 40.00 | Yes (X) | $191,477 | $0 | $31,177 | ||
| FRANCISCO MARRIOTT | |||||||
| VP FINANCE & OPS. | 40.00 | Yes (X) | $113,054 | $0 | $4,522 | ||
| LAVONIA MONTOUTE | |||||||
| SR. DIRECTOR CAREER PATHWAYS | 40.00 | $101,794 | $0 | $12,378 | Yes (X) | ||
| HEATHER JOHNSON | |||||||
| VP PROGRAMS, STRATEGY & IMPACT | 40.00 | $139,962 | $0 | $22,212 | Yes (X) | ||
| RUTH MERCADO-ZIZZO | |||||||
| VP PROGRAMS & EQUITY | 40.00 | $122,957 | $0 | $26,990 | Yes (X) | ||
| JUSTINE BEATON | |||||||
| VP CHIEF OF STAFF | 40.00 | $110,138 | $0 | $12,205 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $779,382 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $109,484 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 6 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $106,750 | GovernmentGrantsAmt |
| All Other Contributions | $4,333,096 | AllOtherContributionsAmt |
| Noncash Contributions | $18,969 | NoncashContributionsAmt |
| Total Contributions | $4,439,846 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $196,732 | TotalRevenueColumnAmt |
| Exclusion | $196,732 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,636,578 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $196,732 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $872,680 | TotalAmt |
| Program Services | $872,680 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $362,558 | TotalAmt |
| Program Services | $130,767 | ProgramServicesAmt |
| Management And General | $160,464 | ManagementAndGeneralAmt |
| Fundraising | $71,327 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,534,140 | TotalAmt |
| Program Services | $1,147,670 | ProgramServicesAmt |
| Management And General | $61,349 | ManagementAndGeneralAmt |
| Fundraising | $325,121 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,886 | TotalAmt |
| Program Services | $43,528 | ProgramServicesAmt |
| Management And General | $3,088 | ManagementAndGeneralAmt |
| Fundraising | $9,270 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $90,189 | TotalAmt |
| Program Services | $66,348 | ProgramServicesAmt |
| Management And General | $11,524 | ManagementAndGeneralAmt |
| Fundraising | $12,317 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $129,183 | TotalAmt |
| Program Services | $92,820 | ProgramServicesAmt |
| Management And General | $5,728 | ManagementAndGeneralAmt |
| Fundraising | $30,635 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,486 | TotalAmt |
| Management And General | $1,486 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $110,025 | TotalAmt |
| Program Services | $100,366 | ProgramServicesAmt |
| Management And General | $2,955 | ManagementAndGeneralAmt |
| Fundraising | $6,704 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $441,248 | TotalAmt |
| Program Services | $403,870 | ProgramServicesAmt |
| Management And General | $10,403 | ManagementAndGeneralAmt |
| Fundraising | $26,975 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,437 | TotalAmt |
| Program Services | $34,332 | ProgramServicesAmt |
| Management And General | $1,482 | ManagementAndGeneralAmt |
| Fundraising | $1,623 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,741 | TotalAmt |
| Program Services | $14,189 | ProgramServicesAmt |
| Management And General | $598 | ManagementAndGeneralAmt |
| Fundraising | $954 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $204,646 | TotalAmt |
| Program Services | $175,818 | ProgramServicesAmt |
| Management And General | $11,116 | ManagementAndGeneralAmt |
| Fundraising | $17,712 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,032 | TotalAmt |
| Program Services | $23,857 | ProgramServicesAmt |
| Management And General | $606 | ManagementAndGeneralAmt |
| Fundraising | $569 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $173,350 | TotalAmt |
| Program Services | $119,258 | ProgramServicesAmt |
| Management And General | $36,596 | ManagementAndGeneralAmt |
| Fundraising | $17,496 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,331 | TotalAmt |
| Program Services | $6,298 | ProgramServicesAmt |
| Management And General | $398 | ManagementAndGeneralAmt |
| Fundraising | $635 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PROGRAM SERVICES | $1,951,684 | $1,951,684 | ||
| ADMINISTRATIVE | $12,681 | $10,942 | $671 | $1,068 |
| COMMUNICATION | $8,595 | $7,019 | $439 | $1,137 |
| MEMBERSHIPS & SUBSCRIPT | $8,344 | $5,887 | $1,405 | $1,052 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,042,236 | TotalAmt |
| Program Services | $5,207,333 | ProgramServicesAmt |
| Management And General | $310,308 | ManagementAndGeneralAmt |
| Fundraising | $524,595 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,357,896 | BOYAmt |
| EOY | $2,561,401 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,826,273 | BOYAmt |
| EOY | $2,549,143 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,117,373 | BOYAmt |
| EOY | $2,545,099 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,021 | BOYAmt |
| EOY | $72,302 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $65,410 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $41,068 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,673 | BOYAmt |
| EOY | $24,342 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,449,470 | BOYAmt |
| EOY | $1,320,988 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,853,706 | BOYAmt |
| EOY | $9,073,275 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $563,803 | BOYAmt |
| EOY | $308,961 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $697,836 | BOYAmt |
| EOY | $695,780 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,489,288 | BOYAmt |
| EOY | $1,371,413 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,750,927 | BOYAmt |
| EOY | $2,376,154 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,996,455 | BOYAmt |
| EOY | $1,375,434 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,106,324 | BOYAmt |
| EOY | $5,321,687 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,102,779 | BOYAmt |
| EOY | $6,697,121 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,853,706 | BOYAmt |
| EOY | $9,073,275 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$1,405,658 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,020,856 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,333,053 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,181,746 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,041,121 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,439,846 | CurrentTaxYearAmt |
| Total | $27,016,622 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,020,856 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,333,053 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,181,746 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,041,121 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,439,846 | CurrentTaxYearAmt |
| Total | $27,016,622 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $14,233,840 | SubstantialContributorsTotAmt |
| Public Support Total170 | $12,782,782 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,426 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,723 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,641 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $85,585 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $196,732 | CurrentTaxYearAmt |
| Total | $305,107 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $478,525 | CurrentTaxYearMinus2YearsAmt |
| Total | $478,525 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $27,800,254 | TotalSupportAmt |
| Public Support CY170 | 0.45980 | PublicSupportCY170Pct |
| Public Support PY170 | 0.49740 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $28,611 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,304 | DepreciationAmt |
| Book Value | $21,307 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $23,450 | OtherCostOrOtherBasisAmt |
| Depreciation | $20,590 | DepreciationAmt |
| Book Value | $2,860 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $13,349 | OtherCostOrOtherBasisAmt |
| Depreciation | $13,174 | DepreciationAmt |
| Book Value | $175 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $24,342 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RIGHT-OF-USE ASSET - OPERATING LEASE | Desc |
| Book Value | $1,320,988 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $1,320,988 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OPERATING LEASE OBLIGATION | Desc |
| Amt | $1,371,413 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,371,413 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $4,636,578 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $4,636,578 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $4,636,578 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $6,042,236 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $6,042,236 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $6,042,236 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | EDVESTORS ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. EDVESTORS HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2024. EDVESTORS' INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (67 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| BOSTON EDUCATION FUND | ||||||||
| 6 ROXBURY STREET 3L | ROXBURY | MA | 02119 | 222514422 | 501(C)(3) | $80,000 | $0 | SOM PRIZE WINNER - EAST BOSTON HIGH SCHOOL |
| ELIOT SCHOOL OF FINE AND APPLIED ARTS | ||||||||
| PO BOX 300351 | BOSTON | MA | 02130 | 042173050 | 501(C)(3) | $46,000 | $0 | R16 1-YEAR: ELIOT - ENGLISH, GREW, EGLESTON, HAYNES, ELISON, BURKE |
| APPRENTICE LEARNING | ||||||||
| 745 CENTRE STREET | JAMAICA PLAIN | MA | 02130 | 455622649 | 501(C)(3) | $30,000 | $0 | GATES SOCIAL CAPITAL INITIATIVE |
| OPEN DOOR ARTS | ||||||||
| 15 CHANNEL CENTER STREET 103 | BOSTON | MA | 02210 | 042699540 | 501(C)(3) | $26,400 | $0 | R15 2ND YEAR: OPEN DOOR ARTS - ELLISON PARKS, BGA, CASH |
| ACTORS' SHAKESPEARE PROJECT | ||||||||
| 442 BUNKER HILL STREET | CHARLESTOWN | MA | 01929 | 200815685 | 501(C)(3) | $22,900 | $0 | R16 1-YEAR: ASP - BINCA, ENGLISH, BRIGHTON, BDEA |
| BOSTON GREEN ACADEMY FOUNDATION | ||||||||
| 20 WARREN STREET | BRIGHTON | MA | 02135 | 464779019 | 501(C)(3) | $20,000 | $0 | SOM PRIZE FINALIST - BOSTON GREEN ACADEMY |
| FENWAY HIGH SCHOOL FUND | ||||||||
| 67 ALLEGHANY STREET | BOSTON | MA | 02120 | 046719813 | 501(C)(3) | $20,000 | $0 | SOM PRIZE FINALIST - FENWAY HIGH SCHOOL |
| ARTISTS FOR HUMANITY | ||||||||
| 100 WEST SECOND STREET | BOSTON | MA | 02127 | 043138434 | 501(C)(3) | $18,000 | $0 | R16 1-YEAR: AFH - EXCEL, EGLESTON, BURKE |
| COMMUNITY MUSIC CENTER OF BOSTON | ||||||||
| 34 WARREN AVENUE | BOSTON | MA | 02116 | 042437973 | 501(C)(3) | $17,600 | $0 | R15 2ND YEAR: CMCB - TAYLOR, HARVARD-KENT |
| COMPANY ONE THEATRE | ||||||||
| 539 TREMONT STREET | BOSTON | MA | 02116 | 043444644 | 501(C)(3) | $17,600 | $0 | R15 2ND YEAR: C1 - BCLA, BURKE |
| FRACTURED ATLAS | ||||||||
| PO BOX 55 | HARTSDALE | NY | 10530 | 113451703 | 501(C)(3) | $16,500 | $0 | R15 2ND YEAR: ILA - HORACE MANN, BINCA |
| COMPANY ONE THEATRE | ||||||||
| 539 TREMONT STREET | BOSTON | MA | 02116 | 043444644 | 501(C)(3) | $16,000 | $0 | R16 1-YEAR: C1 - TECHBOSTON, BATA |
| ELIOT SCHOOL OF FINE AND APPLIED ARTS | ||||||||
| PO BOX 300351 | BOSTON | MA | 02130 | 042173050 | 501(C)(3) | $15,400 | $0 | R15 2ND YEAR: ELIOT - LEE, BGA |
| LYRIC STAGE COMPANY | ||||||||
| 140 CLARENDON STREET 2ND FLOOR | BOSTON | MA | 02116 | 237346311 | 501(C)(3) | $15,400 | $0 | R15 2ND YEAR: LYRIC STAGE - TYNAN, HALE |
| BOSTON MUSIC PROJECT | ||||||||
| 885 WASHINGTON STREET | BOSTON | MA | 02111 | 474232704 | 501(C)(3) | $13,500 | $0 | R16 2-YEAR: BMP - ROGER CLAP, PERRY SCHOOL, MELVIN H. KING |
| BALLETROX | ||||||||
| 45 DANFORTH STREET | JAMAICA PLAIN | MA | 02130 | 043140205 | 501(C)(3) | $13,300 | $0 | R16 1-YEAR: BALLETROX - SHAW, MATHER, CONLEY |
| HUNTINGTON THEATRE COMPANY | ||||||||
| 560 HARRISON AVENUE SUITE 504 | BOSTON | MA | 02118 | 222659560 | 501(C)(3) | $13,200 | $0 | R15 2ND YEAR: HUNTINGTON - MCKINLEY, O'BRYANT, HENDERSON, ACC |
| COMMUNITY MUSIC CENTER OF BOSTON | ||||||||
| 34 WARREN AVENUE | BOSTON | MA | 02116 | 042437973 | 501(C)(3) | $12,000 | $0 | R16 1-YEAR: CMCB - RUSSEL, MASON |
| MASS POETRY OUTREACH PROJECT | ||||||||
| 50 LIBERTY DRIVE SUITE 500 | BOSTON | MA | 02210 | 270584283 | 501(C)(3) | $10,500 | $0 | R16 2-YEAR: MASS POETRY - UMANA, NEW MISSION, EMK |
| BOSTON EDUCATION FUND | ||||||||
| 6 ROXBURY STREET 3L | ROXBURY | MA | 02119 | 222514422 | 501(C)(3) | $10,000 | $0 | EQUITABLE LITERACY: BATA |
| BOSTON EDUCATION FUND | ||||||||
| 6 ROXBURY STREET 3L | ROXBURY | MA | 02119 | 222514422 | 501(C)(3) | $10,000 | $0 | EQUITABLE LITERACY: MENDELL |
| BOSTON EDUCATION FUND | ||||||||
| 6 ROXBURY STREET 3L | ROXBURY | MA | 02119 | 222514422 | 501(C)(3) | $10,000 | $0 | EQUITABLE LITERACY: CHARLESTOWN |
| BOSTON EDUCATION FUND | ||||||||
| 6 ROXBURY STREET 3L | ROXBURY | MA | 02119 | 222514422 | 501(C)(3) | $10,000 | $0 | EQUITABLE LITERACY: HAYNES |
| BOSTON EDUCATION FUND | ||||||||
| 6 ROXBURY STREET 3L | ROXBURY | MA | 02119 | 222514422 | 501(C)(3) | $10,000 | $0 | EQUITABLE LITERACY: BCHS |
| BOSTON EDUCATION FUND | ||||||||
| 6 ROXBURY STREET 3L | ROXBURY | MA | 02119 | 222514422 | 501(C)(3) | $10,000 | $0 | RACIAL EQUITY & EQUITABLE LITERACY: MEL KING |
| FENWAY HIGH SCHOOL FUND | ||||||||
| 67 ALLEGHANY STREET | BOSTON | MA | 02120 | 046719813 | 501(C)(3) | $10,000 | $0 | MATH IS FOR EVERYONE - FENWAY HS |
| ZUMIX | ||||||||
| 260 SUMNER STREET | EAST BOSTON | MA | 02128 | 043132674 | 501(C)(3) | $10,000 | $0 | R16 2-YEAR: ZUMIX - EAST BOSTON HIGH |
| ARTS FOR LEARNING MA | ||||||||
| 89 SOUTH STREET SUITE 603 | BOSTON | MA | 02111 | 046065276 | 501(C)(3) | $9,500 | $0 | R16 1-YEAR: ARTS FOR LEARNING - NEW MISSION, ELLIS |
| BOSTON CHILDREN'S CHORUS | ||||||||
| 33 ARCH STREET 17TH FLOOR | BOSTON | MA | 02110 | 651188279 | 501(C)(3) | $9,500 | $0 | R16 1-YEAR: BCC - PERRY, BRADLEY |
| BOSTON DAY AND EVENING ACADEMY FOUNDATION | ||||||||
| 20 KEARSARGE AVE | ROXBURY | MA | 02119 | 311708923 | 501(C)(3) | $9,045 | $0 | CAREER PATHWAYS IDEAL - BDEA |
| BOSTON EDUCATION FUND | ||||||||
| 6 ROXBURY STREET 3L | ROXBURY | MA | 02119 | 222514422 | 501(C)(3) | $9,000 | $0 | MATH LEARNING COMMUNITIES: BATA |
| BOSTON EDUCATION FUND | ||||||||
| 6 ROXBURY STREET 3L | ROXBURY | MA | 02119 | 222514422 | 501(C)(3) | $9,000 | $0 | MATH LEARNING COMMUNITIES: DEARBORN STEM |
| BRIGHTER BOSTON | ||||||||
| PO BOX 51885 | BOSTON | MA | 02205 | 464849043 | 501(C)(3) | $9,000 | $0 | R16 1-YEAR: BRIGHTER BOSTON - BAA |
| BRIGHTER BOSTON | ||||||||
| PO BOX 51885 | BOSTON | MA | 02205 | 464849043 | 501(C)(3) | $9,000 | $0 | CAREER PATHWAYS IDEAL - BRIGHTER BOSTON & BOSTON GREEN ACADEMY |
| FRACTURED ATLAS | ||||||||
| PO BOX 55 | HARTSDALE | NY | 10530 | 113451703 | 501(C)(3) | $9,000 | $0 | R16 1-YEAR: I LEARN AMERICA - UMANA |
| MAKING MUSIC MATTERS | ||||||||
| 86 TYNDALE STREET | BOSTON | MA | 02131 | 991116938 | 501(C)(3) | $9,000 | $0 | R16 2-YEAR: MAKING MUSIC MATTERS - MOZART, PHILBRICK |
| NORTH END MUSIC & PERFORMING ARTS CENTER | ||||||||
| 50 TILESTON STREET | BOSTON | MA | 02113 | 043545228 | 501(C)(3) | $9,000 | $0 | R16 2-YEAR: NEMPAC - ELIOT K-8, WARREN PRESCOTT |
| THE LOOP LAB | ||||||||
| 99 BISHOP ALLEN DRIVE STE 25 | CAMBRIDGE | MA | 02139 | 823829806 | 501(C)(3) | $9,000 | $0 | R16 1-YEAR: THE LOOP LAB - TECHBOSTON |
| BOSTON GREEN ACADEMY FOUNDATION | ||||||||
| 20 WARREN STREET | BRIGHTON | MA | 02135 | 464779019 | 501(C)(3) | $8,835 | $0 | CAREER PATHWAYS IDEAL - BOSTON GREEN ACADEMY |
| APPRENTICE LEARNING | ||||||||
| 745 CENTRE STREET | JAMAICA PLAIN | MA | 02130 | 455622649 | 501(C)(3) | $8,500 | $0 | CAREER PATHWAYS IDEAL - APPRENTICE LEARNING & DEARBORN STEM |
| UASPIRE | ||||||||
| 31 MILK STREET SUITE 900 | BOSTON | MA | 02109 | 001090336 | 501(C)(3) | $8,500 | $0 | CAREER PATHWAYS FOCAL - UASPIRE |
| 2ND ACT ORG | ||||||||
| PO BOX 51352 | BOSTON | MA | 02205 | 222950758 | 501(C)(3) | $8,000 | $0 | R16 1-YEAR: 2ND ACT - OSTIGUY |
| BOSTON EDUCATION FUND | ||||||||
| 6 ROXBURY STREET 3L | ROXBURY | MA | 02119 | 222514422 | 501(C)(3) | $8,000 | $0 | CAREER PATHWAYS FOCAL - BURKE |
| BOSTON EDUCATION FUND | ||||||||
| 6 ROXBURY STREET 3L | ROXBURY | MA | 02119 | 222514422 | 501(C)(3) | $8,000 | $0 | CAREER PATHWAYS PLANNING - BURKE |
| BOSTON EDUCATION FUND | ||||||||
| 6 ROXBURY STREET 3L | ROXBURY | MA | 02119 | 222514422 | 501(C)(3) | $8,000 | $0 | CAREER PATHWAYS PLANNING - O'BRYANT |
| BOSTON EDUCATION FUND | ||||||||
| 6 ROXBURY STREET 3L | ROXBURY | MA | 02119 | 222514422 | 501(C)(3) | $8,000 | $0 | CAREER PATHWAYS PLANNING- TECHBOSTON |
| CODMAN ACADEMY FOUNDATION | ||||||||
| 637 WASHINGTON STREET | DORCHESTER | MA | 02124 | 043559945 | 501(C)(3) | $8,000 | $0 | CAREER PATHWAYS FOCAL - CODMAN ACADEMY |
| CRISTO REY BOSTON HIGH SCHOOL | ||||||||
| 100 SAVIN HILL AVENUE | BOSTON | MA | 02125 | 562438544 | 501(C)(3) | $8,000 | $0 | CAREER PATHWAYS IDEAL - CRISTO REY BOSTON HIGH SCHOOL |
| ALLIED COMMUNITY RESOURCES | ||||||||
| PO BOX 509 | EAST WINDSOR | CT | 06088 | 061538357 | 501(C)(3) | $8,000 | $0 | CAREER PATHWAYS PLANNING - JOSIAH QUINCY UPPER SCHOOL |
| MARGARITA MUNIZ ACADEMY FOUNDATION | ||||||||
| 20 CHILD STREET | JAMAICA PLAIN | MA | 02130 | 800827704 | 501(C)(3) | $8,000 | $0 | CAREER PATHWAYS PLANNING - MUNIZ |
| OPEN DOOR ARTS | ||||||||
| 15 CHANNEL CENTER STREET 103 | BOSTON | MA | 02210 | 042699540 | 501(C)(3) | $8,000 | $0 | R16 1-YEAR: OPEN DOOR ARTS - HENDERSON |
| BOSTON EDUCATION FUND | ||||||||
| 6 ROXBURY STREET 3L | ROXBURY | MA | 02119 | 222514422 | 501(C)(3) | $7,500 | $0 | MATH LEARNING COMMUNITIES: TECHBOSTON |
| BOSTON EDUCATION FUND | ||||||||
| 6 ROXBURY STREET 3L | ROXBURY | MA | 02119 | 222514422 | 501(C)(3) | $7,000 | $0 | R16 1-YEAR: HIGGINSON-LEWIS - BERKLEE ARTS LINK |
| FENWAY HIGH SCHOOL FUND | ||||||||
| 67 ALLEGHANY STREET | BOSTON | MA | 02120 | 046719813 | 501(C)(3) | $7,000 | $0 | R16 2-YEAR: FENWAY - COMPANY ONE |
| BOSTON LYRIC OPERA | ||||||||
| 15 CHANNEL CENTER STREET 106 | BOSTON | MA | 02210 | 042469627 | 501(C)(3) | $6,600 | $0 | R15 2ND YEAR: BLO - EVERETT |
| BOSTON MUSIC PROJECT | ||||||||
| 885 WASHINGTON STREET | BOSTON | MA | 02111 | 474232704 | 501(C)(3) | $6,600 | $0 | R15 2ND YEAR: BOSTON MUSIC PROJECT - QUINCY ELEMENTARY |
| TRANSFORMATIVE CULTURAL PROJECT | ||||||||
| 100R WARREN STREET | BOSTON | MA | 02119 | 800214659 | 501(C)(3) | $6,500 | $0 | R16 2-YEAR: TCP - COMMUNITY ACADEMY |
| BOSTON EDUCATION FUND | ||||||||
| 6 ROXBURY STREET 3L | ROXBURY | MA | 02119 | 222514422 | 501(C)(3) | $6,000 | $0 | R14 2ND YEAR GRANT; MCKAY W/ ZUMIX |
| BOSTON EDUCATION FUND | ||||||||
| 6 ROXBURY STREET 3L | ROXBURY | MA | 02119 | 222514422 | 501(C)(3) | $6,000 | $0 | RACIAL EQUITY: BATA |
| BOSTON EDUCATION FUND | ||||||||
| 6 ROXBURY STREET 3L | ROXBURY | MA | 02119 | 222514422 | 501(C)(3) | $6,000 | $0 | R15 2ND YEAR: EDISON K8 - TEACHING ARTIST |
| BOSTON EDUCATION FUND | ||||||||
| 6 ROXBURY STREET 3L | ROXBURY | MA | 02119 | 222514422 | 501(C)(3) | $6,000 | $0 | MATH LEARNING COMMUNITIES: MENDELL |
| BOSTON EDUCATION FUND | ||||||||
| 6 ROXBURY STREET 3L | ROXBURY | MA | 02119 | 222514422 | 501(C)(3) | $6,000 | $0 | MATH LEARNING COMMUNITIES: MATHER |
| BOSTON LYRIC OPERA | ||||||||
| 15 CHANNEL CENTER STREET 106 | BOSTON | MA | 02210 | 042469627 | 501(C)(3) | $6,000 | $0 | R16 1-YEAR: BLO - ROOSEVELT, CURLEY |
| MAKING MUSIC MATTERS | ||||||||
| 86 TYNDALE STREET | BOSTON | MA | 02131 | 991116938 | 501(C)(3) | $6,000 | $0 | R16 1-YEAR: MAKING MUSIC MATTERS - KILMER |
| HANDEL AND HAYDN SOCIETY | ||||||||
| 9 HARCOURT STREET | BOSTON | MA | 02116 | 042126598 | 501(C)(3) | $5,500 | $0 | R16 1-YEAR: H+H - WINSHIP, MASON |
| REHEARSAL FOR LIFE | ||||||||
| 655 CENTRE ST BOX 300037 | JAMAICA PLAIN | MA | 02130 | 042786576 | 501(C)(3) | $5,500 | $0 | R15 2ND YEAR: REHEARSAL FOR LIFE - BTU |
| TRANSFORMATIVE CULTURE PROJECT | ||||||||
| 100R WARREN STREET | BOSTON | MA | 02119 | 800214659 | 501(C)(3) | $5,500 | $0 | R14 2ND YEAR GRANT; TRANSFORMATIVE CULTURE PROJECT W/ COMMUNITY ACADEMY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 34 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990, PART IX, LINE 1: | FormAndLineReferenceDesc |
| Explanation | EDVESTORS MONITORS THE USE OF GRANTS IN DIFFERENT WAYS FOR EACH PROGRAM AREA. FOR ONE-YEAR GRANTS THROUGH THE BPS ARTS EXPANSION, A PRELIMINARY REPORT IS DUE IN NOVEMBER AND A FINAL REPORT DUE IN JUNE. FOR TWO-YEAR GRANTS THROUGH THE BPS ARTS EXPANSION, A PRELIMINARY REPORT IS DUE IN JUNE AND A FINAL REPORT DUE THE FOLLOWING JUNE. FOR ANY ARTS GRANT, MONITORING MAY ALSO INCLUDE SITE VISITS BY DONORS AND EDVESTORS STAFF MEMBER. ONE-YEAR RACIAL EQUITY SEED FUND, MATHEMATICS, AND CAREER PATHWAYS GRANT RECIPIENTS RECEIVE ONGOING SUPPORT AND SUBMIT A YEAR-END REPORT IN JUNE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MARINELL ROUSMANIERE | ||||||||||||||
| PRESIDENT & CEO | $191,477 | $0 | $0 | $0 | $0 | $0 | $7,659 | $0 | $23,518 | $0 | $222,654 | $0 | $0 | $0 |
| HEATHER JOHNSON | ||||||||||||||
| VP PROGRAMS, STRATEGY & IMPACT | $139,962 | $0 | $0 | $0 | $0 | $0 | $5,598 | $0 | $16,614 | $0 | $162,174 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | THE PROCESS FOR DETERMINING COMPENSATION FOR TOP ORGANIZATION POSITIONS, INCLUDING CEO AND OTHER KEY EMPLOYEES IS AS FOLLOWS: (A) ANNUAL PERFORMANCE AND SALARY/COMPENSATION REVIEW BY CEO FOR TOP MANAGEMENT AND KEY EMPLOYEES AND BY THE GOVERNING BOARD EXECUTIVE COMMITTEE FOR CEO WITH FINAL APPROVAL BY FULL GOVERNING BOARD, AT RECOMMENDATION OF EXECUTIVE COMMITTEE, AS PART OF THE ORGANIZATION'S ANNUAL BUDGET APPROVAL PROCESS. (B) COMPARABILITY DATA IS GATHERED TO INFORM RECOMMENDED SALARY LEVELS FOR ALL NEWLY CREATED MANAGEMENT AND KEY EMPLOYEE POSITIONS. (C) EDVESTORS MANAGEMENT WILL INSTITUTE A SALARY COMPENSATION REVIEW EVERY 2 3 YEARS (OR FIND COMPARABLE EXISTING REPORT FROM EXTERNAL SOURCE) FOR CURRENT KEY EMPLOYEE POSITIONS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: | EDVESTORS' MISSION IS TO ADVANCE EQUITABLE, MEANINGFUL EDUCATION THAT PREPARES EVERY BOSTON STUDENT TO ACTIVATE THEIR POWER AND SHAPE THEIR FUTURE. THE ORGANIZATION DRIVES TOWARD ITS MISSION BY 1) ACTIVATING PEOPLE AND RESOURCES, 2) LEARNING AND ITERATING IN CONTEXT, AND 3) INFLUENCING SYSTEM CHANGE. EDVESTORS BELIEVES THAT CONTINUOUSLY ATTENDING TO ALL THREE DRIVERS ENSURES ITS PROGRAMS AND INITIATIVES (THE SCHOOL ON THE MOVE PRIZE, RACIAL EQUITY SEED FUND, BOSTON PUBLIC SCHOOLS ARTS EXPANSION, ZEROING IN ON MATH, AND CAREER PATHWAYS) WILL CREATE IMPACT. THE RELATIONSHIPS EDVESTORS HAS BUILT AND THEIR TRACK RECORD OF EFFECTIVENESS HAS SOLIDIFIED THEIR CRITICAL ROLE AS A TRUSTED PARTNER AND THOUGHT LEADER IN BOSTON. THE ORGANIZATION'S POSITION GRANTS THEM ACCESS TO THE DECISION MAKERS IMPACTING BOSTON SCHOOLS AND STUDENTS, ENABLING THEM TO ADVOCATE FOR SYSTEM-WIDE CHANGE. THE ORGANIZATION FOCUSES ITS WORK IN BOSTON PUBLIC SCHOOLS AND SINCE ITS FOUNDING IN 2002, HAS RAISED AND INVESTED OVER $47 MILLION IN THE CITY'S SCHOOLS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE EXECUTIVE COMMITTEE WILL HAVE THE OPPORTUNITY TO REVIEW THE FORM 990. THE FORM 990 WILL THEN BE SHARED WITH ALL MEMBERS OF THE GOVERNING BOARD PRIOR TO SUBMISSION. |
| FORM 990, PART VI, SECTION B, LINE 12C | GOVERNING BOARD OFFICERS AND MEMBERS ARE REQUIRED TO DISCLOSE ANNUALLY ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. A CONFLICT OF INTEREST FORM WILL BE UPDATED BY EACH BOARD MEMBER AND SUBMITTED TO EDVESTORS MANAGEMENT, IN ADVANCE OF THE ANNUAL MEETING EACH SEPTEMBER AND THROUGHOUT THE YEAR AS NEW MEMBERS JOIN THE GOVERNING BOARD. MEMBERS ARE REQUIRED TO INFORM THE BOARD CHAIR OF ANY POTENTIAL CONFLICTS AND NEED TO RECUSE THEMSELVES FROM VOTING ON ANY ACTION ITEMS FOR WHICH THEY HAVE A POTENTIAL CONFLICT. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE PROCESS FOR DETERMINING COMPENSATION FOR TOP ORGANIZATION POSITIONS, INCLUDING CEO AND OTHER KEY EMPLOYEES IS AS FOLLOWS: (A) ANNUAL PERFORMANCE AND SALARY/COMPENSATION REVIEW BY CEO FOR TOP MANAGEMENT AND KEY EMPLOYEES AND BY THE GOVERNING BOARD EXECUTIVE COMMITTEE FOR CEO WITH FINAL APPROVAL BY FULL GOVERNING BOARD, AT RECOMMENDATION OF EXECUTIVE COMMITTEE, AS PART OF THE ORGANIZATION'S ANNUAL BUDGET APPROVAL PROCESS. (B) COMPARABILITY DATA IS GATHERED TO INFORM RECOMMENDED SALARY LEVELS FOR ALL NEWLY CREATED MANAGEMENT AND KEY EMPLOYEE POSITIONS. (C) EDVESTORS MANAGEMENT WILL INSTITUTE A SALARY COMPENSATION REVIEW EVERY 2-3 YEARS (OR FIND COMPARABLE EXISTING REPORT FROM EXTERNAL SOURCE) FOR CURRENT KEY EMPLOYEE POSITIONS. |
| FORM 990, PART VI, SECTION C, LINE 19 | EDVESTORS MAKES THESE DOCUMENTS AVAILABLE UPON REQUEST. IN ADDITION, ANNUAL FINANCIAL STATEMENTS ARE FILED WITH THE MASSACHUSETTS DIVISION OF CHARITIES AND ARE AVAILABLE FOR PUBLIC VIEWING. |
| FORM 990, PART XII, LINE 2C: | THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT, REVIEW OR COMPILATION OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. NO CHANGES HAVE BEEN MADE TO THIS PROCESS FROM THE PRIOR YEARS. |
| FORM 990, PART I, LINE 19: | BALANCE OF ORGANIZATION EXPENSES ARE COVERED BY MULTI-YEAR PLEDGES RECEIVED IN PRIOR FISCAL YEARS. |
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