STRADA EDUCATION FOUNDATION INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- STRADA EDUCATION FOUNDATION INC (EIN 47-3044430)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-14
- IRS object ID
- 202443199349318974
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-14T20:59:14-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 861065772 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELOITTE TAX LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1001 WOODWARD AVE SUITE 700 | AddressLine1Txt |
| City | DETROIT | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48226 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 473044430 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STRADA EDUCATION FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | STRA | BusinessNameControlTxt |
| Phone | 3178061200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 WEST MARKET STREET SUITE 1100 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LARRY LUTZ | PersonNm |
| Person Title | PRESIDENT & CEO | PersonTitleTxt |
| Phone | 3178061200 | PhoneNum |
| Signature | 2024-11-14 | 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 | KRISTYN FORSTER | PreparerPersonNm |
| PTIN | P01704059 | PTIN |
| Phone | 3133963000 | PhoneNum |
| 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 | STEPHEN MORET | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 WEST MARKET STREET SUITE 1100 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $631,749,029 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.STRADAEDUCATION.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2015 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | STRADA EDUCATION FOUNDATION, INC. SUPPORTS PROGRAMS, POLICIES, AND ORGANIZATIONS THAT STRENGTHEN CONNECTIONS BETWEEN EDUCATION AND EMPLOYMENT IN THE U.S. WITH A SPECIAL FOCUS ON HELPING THOSE WHO FACE THE GREATEST CHALLENGES SECURING OPPORTUNITY THROUGH POSTSECONDARY EDUCATION OR TRAINING. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 153 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $2,160,089 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $243,301 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $38,809,930 | PYContributionsGrantsAmt |
| CY Contributions Grants | $49,441,886 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $50,413,730 | PYInvestmentIncomeAmt |
| CY Investment Income | $41,188,597 | CYInvestmentIncomeAmt |
| PY Other Revenue | $382,820 | PYOtherRevenueAmt |
| CY Other Revenue | $641,872 | CYOtherRevenueAmt |
| PY Total Revenue | $89,606,480 | PYTotalRevenueAmt |
| CY Total Revenue | $91,272,355 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $32,589,442 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $26,012,347 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $28,611,482 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $34,047,098 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $40,446,427 | PYOtherExpensesAmt |
| CY Other Expenses | $41,067,264 | CYOtherExpensesAmt |
| PY Total Expenses | $101,647,351 | PYTotalExpensesAmt |
| CY Total Expenses | $101,126,709 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$12,040,871 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$9,854,354 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,944,963,967 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,098,503,918 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $60,011,532 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $56,138,058 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,884,952,435 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,042,365,860 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | STRADA EDUCATION FOUNDATION, INC. SUPPORTS PROGRAMS, POLICIES, AND ORGANIZATIONS THAT STRENGTHEN CONNECTIONS BETWEEN EDUCATION AND EMPLOYMENT IN THE U.S. WITH A SPECIAL FOCUS ON HELPING THOSE WHO FACE THE GREATEST CHALLENGES SECURING OPPORTUNITY THROUGH POSTSECONDARY EDUCATION OR TRAINING. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $18,982,721 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $456,757 | RevenueAmt |
| Desc | STRADA EDUCATION FOUNDATION, INC. WAS INCORPORATED AS A 501(C)(3) ORGANIZATION. ADDITIONALLY, STRADA EDUCATION FOUNDATION, INC. IS A 509(A)(3) SUPPORTING ORGANIZATION TO STRADA COLLABORATIVE, INC. AND A CLASS OF OTHER PUBLICLY SUPPORTED ORGANIZATIONS WHOSE PURPOSES AND ACTIVITIES ARE CONSISTENT WITH THE EXEMPT PURPOSES OF STRADA COLLABORATIVE, INC. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $26,012,347 | ExpenseAmt |
| Grant | $26,012,347 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | STRADA EDUCATION FOUNDATION, INC. PROVIDES GRANTS TO PUBLIC CHARITIES, INCLUDING POSTSECONDARY EDUCATIONAL INSTITUTIONS, TO PURSUE THE MISSIONS OF ITS SUPPORTED ORGANIZATIONS, INCLUDING RESEARCH AND THE DELIVERY OF SERVICES TO IMPROVE LIVES BY FORGING CLEARER AND MORE PURPOSEFUL PATHWAYS BETWEEN EDUCATION AND EMPLOYMENT. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $44,995,068 | 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 | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | 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 | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 163 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 153 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| 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 | Yes (1) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | 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 |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THOMAS R ERTEL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3178061200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 WEST MARKET STREET SUITE 1100 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (30 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| STEPHEN MORET | ||||||||||
| CEO & PRESIDENT | 40.00 | 0.00 | Yes (X) | Yes (X) | $1,260,958 | $0 | $141,439 | |||
| MARLENE COULIS | ||||||||||
| CHAIRMAN | 4.00 | 0.00 | Yes (X) | $115,954 | $0 | $0 | ||||
| GERARD OLINGER | ||||||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $97,000 | $0 | $0 | ||||
| MIRIAM STROUSE | ||||||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $97,000 | $0 | $0 | ||||
| NICOLE JENKINS | ||||||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $97,000 | $0 | $0 | ||||
| SUREEL CHOKSI | ||||||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $97,000 | $0 | $0 | ||||
| WADE DYKE | ||||||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $97,000 | $0 | $0 | ||||
| WILLIAM NEALE | ||||||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $85,969 | $0 | $0 | ||||
| THOMAS MANGAS | ||||||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $85,768 | $0 | $0 | ||||
| ERNEST NEWBORN II | ||||||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $85,663 | $0 | $0 | ||||
| AMINTA BREAUX | ||||||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $85,000 | $0 | $0 | ||||
| ERIK MORENO | ||||||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $85,000 | $0 | $0 | ||||
| MICHAEL KING | ||||||||||
| BOARD MEMBER | 2.00 | 0.00 | Yes (X) | $85,000 | $0 | $0 | ||||
| RUTH WATKINS | ||||||||||
| EVP, PRESIDENT POST ED | 39.00 | 1.00 | Yes (X) | $920,701 | $0 | $101,396 | ||||
| LARRY LUTZ | ||||||||||
| SEC. (THRU 01/23)/EVP, CORP. DEV. | 39.00 | 1.00 | Yes (X) | $647,756 | $0 | $77,394 | ||||
| MICHAEL AUSTIN | ||||||||||
| EVP, CFO & TREASURER | 39.00 | 1.00 | Yes (X) | $633,422 | $0 | $81,172 | ||||
| THOMAS DAWSON | ||||||||||
| EVP | 1.00 | 39.00 | Yes (X) | $632,108 | $0 | $77,968 | ||||
| RHONDA POWELL | ||||||||||
| EVP GEN COUN & CORP SEC (AS OF 1/23) | 38.00 | 2.00 | Yes (X) | $551,337 | $0 | $57,745 | ||||
| GABRIELLA GOMEZ | ||||||||||
| EVP, POL, ADV & COMMS (AS OF 05/23) | 40.00 | 0.00 | Yes (X) | $409,427 | $0 | $663 | ||||
| ARISTIDE COLLINS | ||||||||||
| CHIEF ADMIN. OFFICER (AS OF 08/23) | 40.00 | 0.00 | Yes (X) | $339,242 | $0 | $5,597 | ||||
| THOMAS R ERTEL | ||||||||||
| SVP & CAO | 40.00 | 0.00 | $479,601 | $0 | $39,794 | Yes (X) | ||||
| LEONARD GURIN | ||||||||||
| SVP, INVESTMENTS | 40.00 | 0.00 | $459,120 | $0 | $58,634 | Yes (X) | ||||
| DAVID CLAYTON | ||||||||||
| SVP, CONSUMER INSIGHTS | 40.00 | 0.00 | $518,518 | $0 | $68,562 | Yes (X) | ||||
| JESSICA HINKLE | ||||||||||
| SVP, STRATEGIC INVESTMENTS | 40.00 | 0.00 | $493,584 | $0 | $67,592 | Yes (X) | ||||
| COURTNEY MCBETH | ||||||||||
| SVP, CHIEF PROGRAM OFFICER | 40.00 | 0.00 | $469,568 | $0 | $63,606 | Yes (X) | ||||
| CHRISTOPHER MEYER | ||||||||||
| SVP, STRATEGY & INNOVATION | 40.00 | 0.00 | $422,618 | $0 | $58,787 | Yes (X) | ||||
| CHRISTOPHER MICHAEL BORTE | ||||||||||
| VP & CHIEF INFORMATION OFFICER | 40.00 | 0.00 | $353,214 | $0 | $50,199 | Yes (X) | ||||
| TERRY HOLLOWAY | ||||||||||
| FORMER OFFICER | 1.00 | 39.00 | $437,531 | $0 | $63,352 | Yes (X) | ||||
| DARYL GRAHAM | ||||||||||
| FORMER OFFICER | 39.00 | 1.00 | $416,968 | $0 | $42,555 | Yes (X) | ||||
| WILLIAM HANSEN | ||||||||||
| FORMER OFFICER | 0.00 | 0.00 | $282,342 | $0 | $0 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $10,841,369 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,056,455 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 100 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SPITFIRE STRATEGIES LLC | |||||
| 2300 N STREET NW STE 610 | WASHINGTON | DC | 20037 | COMMUNICATION SERVICES | $525,668 |
| TROUTMAN PEPPER HAMILTON SANDERS LL | |||||
| 600 PEACHTREE STREET NE | ATLANTA | GA | 30308 | LEGAL SERVICES | $503,155 |
| ERNST YOUNG LLP | |||||
| PO BOX 640382 | PITTSBURGH | PA | 15264 | AUDIT SERVICES | $406,500 |
| EDUCATION STRATEGY GROUP | |||||
| 4716 DRUMMOND AVENUE | CHEVY CHASE | MD | 20815 | CONSULTING SERVICES | $378,789 |
| RUSSELL REYNOLDS ASSOCIATES | |||||
| PO BOX 1678 | CAROL STREAM | IL | 60132 | CONSULTING SERVICES | $268,896 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 20 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $49,126,886 | RelatedOrganizationsAmt |
| All Other Contributions | $315,000 | AllOtherContributionsAmt |
| Total Contributions | $49,441,886 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $51,608,224 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $2,160,089 | UnrelatedBusinessRevenueAmt |
| Exclusion | $49,448,135 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $185,115 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $185,115 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $185,115 | TotalRevenueColumnAmt |
| Exclusion | $185,115 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $530,057,047 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $540,476,674 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$10,419,627 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$10,419,627 | TotalRevenueColumnAmt |
| Exclusion | -$10,419,627 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | REIMB. FROM AFFILIATES | Desc |
| Business | 611710 | BusinessCd |
| Total Revenue Column | $456,757 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $456,757 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $456,757 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $91,272,355 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $456,757 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $2,160,089 | UnrelatedBusinessRevenueAmt |
| Exclusion | $39,213,623 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,012,347 | TotalAmt |
| Program Services | $26,012,347 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,088,828 | TotalAmt |
| Management And General | $8,088,828 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,938,236 | TotalAmt |
| Program Services | $6,590,469 | ProgramServicesAmt |
| Management And General | $12,347,767 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,551,926 | TotalAmt |
| Program Services | $1,665,729 | ProgramServicesAmt |
| Management And General | $3,886,197 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,468,108 | TotalAmt |
| Program Services | $460,514 | ProgramServicesAmt |
| Management And General | $1,007,594 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,077,195 | TotalAmt |
| Management And General | $2,077,195 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $584,507 | TotalAmt |
| Management And General | $584,507 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,464,994 | TotalAmt |
| Management And General | $15,464,994 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,629,700 | TotalAmt |
| Program Services | $6,609,314 | ProgramServicesAmt |
| Management And General | $4,020,386 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,965,268 | TotalAmt |
| Program Services | $52,113 | ProgramServicesAmt |
| Management And General | $1,913,155 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $286,305 | TotalAmt |
| Program Services | $89,327 | ProgramServicesAmt |
| Management And General | $196,978 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,470,489 | TotalAmt |
| Program Services | $770,792 | ProgramServicesAmt |
| Management And General | $1,699,697 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,099,581 | TotalAmt |
| Program Services | $655,069 | ProgramServicesAmt |
| Management And General | $1,444,512 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,490,438 | TotalAmt |
| Program Services | $603,369 | ProgramServicesAmt |
| Management And General | $887,069 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,719,430 | TotalAmt |
| Program Services | $1,299,811 | ProgramServicesAmt |
| Management And General | $419,619 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $77,937 | TotalAmt |
| Management And General | $77,937 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $596,838 | TotalAmt |
| Program Services | $186,214 | ProgramServicesAmt |
| Management And General | $410,624 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $806,751 | TotalAmt |
| Management And General | $806,751 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UBI TAXES | Desc |
| Total | $797,831 | TotalAmt |
| Management And General | $797,831 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $101,126,709 | TotalAmt |
| Program Services | $44,995,068 | ProgramServicesAmt |
| Management And General | $56,131,641 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,244,720 | BOYAmt |
| EOY | $45,455,840 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,063,820 | BOYAmt |
| EOY | $2,542,961 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $677,400 | BOYAmt |
| EOY | $672,400 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $327,074 | BOYAmt |
| EOY | $483,376 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $5,263,408 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,941,802 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,627,835 | BOYAmt |
| EOY | $2,321,606 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $302,816,623 | BOYAmt |
| EOY | $338,490,295 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,517,017,965 | BOYAmt |
| EOY | $1,638,192,109 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,771,454 | BOYAmt |
| EOY | $58,010,454 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,417,076 | BOYAmt |
| EOY | $12,334,877 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,944,963,967 | BOYAmt |
| EOY | $2,098,503,918 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,939,920 | BOYAmt |
| EOY | $23,343,848 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,513,794 | BOYAmt |
| EOY | $20,302,337 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $16,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,557,818 | BOYAmt |
| EOY | $12,475,873 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $60,011,532 | BOYAmt |
| EOY | $56,138,058 | 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 | $1,884,952,435 | BOYAmt |
| EOY | $2,042,365,860 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,884,952,435 | BOYAmt |
| EOY | $2,042,365,860 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,944,963,967 | BOYAmt |
| EOY | $2,098,503,918 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$9,854,354 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $207,303,047 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$40,035,268 | OtherChangesInNetAssetsAmt |
| 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) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| 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) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type2 | Yes (X) | SupportingOrgType2Ind |
| IRS Written Determination | Yes (X) | IRSWrittenDeterminationInd |
| Supported Organizations | 1 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp
Supported Organization Name SupportedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STRADA COLLABORATIVE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 861250084 | EIN |
| Organization Type | 7 | OrganizationTypeCd |
| Governing Document Listed | Yes (1) | GoverningDocumentListedInd |
| Support | $3,827,500 | SupportAmt |
| Other Support | $5,261,338 | OtherSupportAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 1 | SupportedOrganizationsTotalCnt |
| Support Sum | $3,827,500 | SupportSumAmt |
| Other Support Sum | $5,261,338 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (1) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | 0 | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | 0 | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | 0 | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | 0 | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | Yes (1) | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | 0 | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | 0 | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | 0 | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | 0 | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | 0 | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | 0 | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | 0 | ContributionControllerInd |
| Contribution Family | 0 | ContributionFamilyInd |
| Contribution35 Controlled | 0 | Contribution35ControlledInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Majority Dir Trst Supported Org | 0 | MajorityDirTrstSupportedOrgInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE A, PART I, LINE 12G: | STRADA EDUCATION FOUNDATION, INC. PROVIDED NON-MONETARY SUPPORT INCLUDING ACCOUNTING, FINANCE, LEGAL, MARKETING, INFORMATION TECHNOLOGY, AND GENERAL MANAGEMENT SUPPORT TO OUR SUPPORTED ORGANIZATION INCLUDING DIRECT COSTS RELATED TO THE COMPLETION OF SUCH ACTIVITIES. |
| SCHEDULE A, PART IV, SECTION A, LINE 6: | STRADA EDUCATION FOUNDATION, INC. PROVIDES SUPPORT TO PUBLIC CHARITIES ON BEHALF OF ITS SUPPORTED ORGANIZATION. SUPPORT IS GIVEN TO PUBLIC CHARITIES THAT FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION BY PROVIDING GRANTS TO POSTSECONDARY INSTITUTIONS TO PURSUE THE MISSION OF ITS SUPPORTED ORGANIZATION TO EMPOWER ALL LEARNERS BY PROVIDING CRITICAL RESOURCES, EDUCATIONAL SUPPORT, AND CAREER EXPERIENCES LEADING TO EQUITABLE EDUCATION AND EMPLOYMENT PATHWAYS. STRADA EDUCATION FOUNDATION, INC. ADDITIONALLY PROVIDED LIMITED MATCHING GRANT SUPPORT TO POSTSECONDARY EDUCATIONAL INSTITUTIONS AND OTHER PUBLIC CHARITIES TO WHICH ITS EMPLOYEES AND OTHER PUBLIC CHARITIES TO WHICH ITS EMPLOYEES AND TRUSTEES ALSO DESIGNATED SUPPORT, AS WELL AS GRANT FUNDING TO PUBLIC CHARITIES OPERATING TO SUPPORT COMMUNITY SUPPORT NETWORKS AND VULNERABLE POPULATIONS IN THE COMMUNITIES WHERE STRADA EDUCATION FOUNDATION, INC. MAINTAINS OPERATIONS. |
| SCHEDULE A, PART IV, SECTION C, LINE 1: | STRADA EDUCATION FOUNDATION, INC. IS THE SUPPORTING ORGANIZATION OF STRADA COLLABORATIVE, INC. STRADA EDUCATION FOUNDATION, INC. IS ORGANIZED TO OPERATE FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSES OF ITS SUPPORTED ORGANIZATION. THE BOARD OF STRADA EDUCATION FOUNDATION, INC. IS SOLELY RESPONSIBLE FOR THE ELECTION OF THE BOARD OF TRUSTEES OF STRADA COLLABORATIVE, INC., WHO THEN ELECT THE OFFICERS OF THE SUPPORTED ORGANIZATION. THE MAJORITY OF THE BOARDS OF STRADA COLLABORATIVE, INC. CONSIST OF TRUSTEES OF STRADA EDUCATION FOUNDATION, INC., INCLUDING A MAJORITY OF THE OFFICERS OF STRADA EDUCATION FOUNDATION, INC. THIS OVERLAP ENSURES A CLOSE AND CONTINUOUS WORKING RELATIONSHIP BETWEEN THE ORGANIZATIONS. |
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 | $2,500,272 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,106,303 | DepreciationAmt |
| Book Value | $1,393,969 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,763,136 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,835,499 | DepreciationAmt |
| Book Value | $927,637 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,321,606 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (8 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| FIXED INCOME: CORPORATE BONDS | $109,869,052 | F |
| FIXED INCOME: MUNICIPAL BONDS | $35,643,146 | F |
| EQUITY SECURITIES | $256,977,722 | F |
| DIRECT INVESTMENTS - EQUITY | $55,539,345 | F |
| DIRECT INVESTMENTS - DEBT | $29,101,024 | F |
| PRIVATE EQUITY FUNDS | $693,766,956 | F |
| PRIVATE CREDIT FUNDS | $63,002,534 | F |
| PRIVATE REAL ASSETS/ALTERNATIVES/POOLED ACCOUNTS | $394,292,330 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $1,638,192,109 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| DUE TO AFFILIATE | $2,264,384 |
| RIGHT OF USE LIABILITY - LEASES | $10,211,489 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $12,475,873 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | PER THE CONSOLIDATED FINANCIAL STATEMENTS OF STRADA EDUCATION FOUNDATION, INC., "STRADA ACCOUNTS FOR UNCERTAINTIES IN INCOME TAXES ON A MORE-LIKELY-THAN-NOT CRITERION BASED ON THE POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THERE WERE NO UNCERTAINTIES THAT REQUIRE RECOGNITION OR DISCLOSURE AS OF DECEMBER 31, 2023 OR 2022." | ExplanationTxt |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (4 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | INVESTMENTS | $25,578,637 |
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | INVESTMENTS | $60,881,199 |
| NORTH AMERICA | 0 | 0 | INVESTMENTS | $3,851,731 |
| EAST ASIA AND THE PACIFIC | 0 | 0 | INVESTMENTS | $3,818,457 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $94,130,024 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $94,130,024 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (141 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|
| THE AFFILIATED SANTE GROUP | |||||||||
| 12200 TECH RD SUITE 330 | SILVER SPRING | MD | 20904 | 521729566 | 501(C)(3) | $10,000 | $0 | OPERATING GRANT | |
| ALABAMA A&M UNIVERSITY FOUNDATION | |||||||||
| 309 PATTON HALL | NORMAL | AL | 35762 | 237067600 | 501(C)(3) | $123,667 | $0 | OPERATING GRANT | |
| ALABAMA STATE UNIVERSITY FOUNDATION INC | |||||||||
| PO BOX 1046 | MONTGOMERY | AL | 361011046 | 636067745 | 501(C)(3) | $135,400 | $0 | OPERATING GRANT | |
| ALAMO COLLEGES FOUNDATION INC | |||||||||
| 2222 N ALAMO ST | SAN ANTONIO | TX | 782151195 | 742422589 | 501(C)(3) | $46,066 | $0 | OPERATING GRANT | |
| ALBANY STATE UNIVERSITY FOUNDATION INC | |||||||||
| 504 COLLEGE DRIVE | ALBANY | GA | 31705 | 237032763 | 501(C)(3) | $135,400 | $0 | OPERATING GRANT | |
| ALCORN STATE UNIVERSITY FOUNDATION INC | |||||||||
| 1000 ASU DRIVE | LORMAN | MS | 39096 | 640538018 | 501(C)(3) | $66,950 | $0 | OPERATING GRANT | |
| AMERICA ACHIEVES INC | |||||||||
| 244 FIFTH AVENUE SUITE F71 | NEW YORK | NY | 10001 | 273238471 | 501(C)(3) | $250,000 | $0 | OPERATING GRANT | |
| AMERICAN ASSOCIATION OF COLLEGIATE REGISTRARS AND ADMISSION OFFICERS | |||||||||
| 1108 16TH STREET NW SUITE 400 | WASHINGTON | DC | 200063606 | 522274900 | 501(C)(3) | $300,000 | $0 | OPERATING GRANT | |
| AMERICAN ASSOCIATION OF STATE COLLEGES AND UNIVERSITIES | |||||||||
| 1717 RHODE ISLAND AVE NW 7TH FLOOR | WASHINGTON | DC | 20036 | 520747578 | 501(C)(3) | $100,000 | $0 | OPERATING GRANT | |
| ARIZONA STATE UNIVERSITY | |||||||||
| 1151 S FOREST AVE | TEMPE | AZ | 85287 | 860196696 | 501(C)(3) | $302,500 | $0 | OPERATING GRANT | |
| THE ASPEN INSTITUTE INC | |||||||||
| 2300 N ST NW 700 | WASHINGTON | DC | 20037 | 840399006 | 501(C)(3) | $800,000 | $0 | OPERATING GRANT | |
| ASSOCIATION OF GOVERNING BOARDS OF UNIVERSITIES | |||||||||
| 1666 K ST NW 1200 | WASHINGTON | DC | 20006 | 840502574 | 501(C)(3) | $180,000 | $0 | OPERATING GRANT | |
| ASSOCIATION OF PUBLIC AND LAND GRANT UNIVERSITIES | |||||||||
| 1220 L ST NW SUITE 1000 | WASHINGTON | DC | 20005 | 530183246 | 501(C)(3) | $125,000 | $0 | OPERATING GRANT | |
| PLAYMAKERS | |||||||||
| 174 COVINA AVE | LONG BEACH | CA | 90803 | 852115657 | 501(C)(3) | $10,000 | $0 | OPERATING GRANT | |
| BENEDICT COLLEGE | |||||||||
| 1600 HARDEN STREET | COLUMBIA | SC | 29204 | 570314365 | 501(C)(3) | $88,900 | $0 | OPERATING GRANT | |
| BENNETT COLLEGE | |||||||||
| 900 E WASHINGTON STREET | GREENSBORO | NC | 27401 | 560532296 | 501(C)(3) | $135,400 | $0 | OPERATING GRANT | |
| BISHOP NOLL INSTITUTE FOUNDATION INC | |||||||||
| 1519 HOFFMAN STREET | HAMMOND | IN | 46327 | 310973961 | 501(C)(3) | $10,000 | $0 | OPERATING GRANT | |
| BOARD OF REGENTS OF THE UNIVERSITY OF WISCONSIN SYSTEM | |||||||||
| 1860 VAN HISE HALL 1220 LINDEN DR | MADISON | WI | 53706 | 371625460 | 501(C)(3) | $285,340 | $0 | OPERATING GRANT | |
| BOWIE STATE UNIVERSITY FOUNDATION INC | |||||||||
| 14000 JERICHO PARK RD | BOWIE | MD | 207153319 | 520952758 | 501(C)(3) | $135,400 | $0 | OPERATING GRANT | |
| BRADLEY UNIVERSITY | |||||||||
| 1501 WEST BRADLEY AVENUE | PEORIA | IL | 61625 | 370661494 | 501(C)(3) | $50,000 | $0 | OPERATING GRANT | |
| BUSINESS HIGHER EDUCATION FORUM | |||||||||
| ONE DUPONT CIRCLE 360 | WASHINGTON | DC | 20036 | 341986692 | 501(C)(3) | $325,000 | $0 | OPERATING GRANT | |
| CALIFORNIA STATE UNIVERSITY STANISLAUS FOUNDATION | |||||||||
| 1 UNIVERSITY CIR | TURLOCK | CA | 95382 | 770492209 | 501(C)(3) | $100,000 | $0 | OPERATING GRANT | |
| CAPITAL AREA FOOD BANK | |||||||||
| 4900 PUERTO RICO AVENUE NE | WASHINGTON | DC | 20017 | 521167581 | 501(C)(3) | $9,500 | $0 | OPERATING GRANT | |
| CENTRAL STATE UNIVERSITY | |||||||||
| 1400 BRUSH ROW RD | WILBERFORCE | OH | 453845800 | 311750837 | 501(C)(3) | $135,400 | $0 | OPERATING GRANT | |
| CEREBRAL PALSY ALLIANCE RESEARCH FOUNDATION INC | |||||||||
| 142 WEST 57TH STREET FLOOR 11 | NEW YORK | NY | 10019 | 474851754 | 501(C)(3) | $10,000 | $0 | OPERATING GRANT | |
| CHICAGO STATE UNIVERSITY | |||||||||
| 9501 SOUTH KING DRIVE | CHICAGO | IL | 606281598 | 362580815 | 501(C)(3) | $105,850 | $0 | OPERATING GRANT | |
| CLAFLIN UNIVERSITY | |||||||||
| 400 MAGNOLIA STREET | ORANGEBURG | SC | 29115 | 570314374 | 501(C)(3) | $135,400 | $0 | OPERATING GRANT | |
| COLLEGE OF THE HOLY CROSS | |||||||||
| 1 COLLEGE ST | WORCESTER | MA | 01610 | 042103558 | 501(C)(3) | $19,500 | $0 | OPERATING GRANT | |
| COMMONWEALTH OF VIRGINIA | |||||||||
| 102 GOVERNOR ST | RICHMOND | VA | 23219 | 546001803 | 501(C)(3) | $362,500 | $0 | OPERATING GRANT | |
| CONGREGATION OF HOLY CROSS US PROVINCE INC | |||||||||
| PO BOX 1064 | NOTRE DAME | IN | 46556 | 320344245 | 501(C)(3) | $50,000 | $0 | OPERATING GRANT | |
| COOPERATIVE FOR EDUCATION | |||||||||
| 2300 MONTANA AVENUE STE 401 | CINCINNATI | OH | 45211 | 311545464 | 501(C)(3) | $7,500 | $0 | OPERATING GRANT | |
| COPPIN STATE UNIVERSITY | |||||||||
| 2500 WEST NORTH AVENUE | BALTIMORE | MD | 21216 | 526002033 | 501(C)(3) | $123,667 | $0 | OPERATING GRANT | |
| CORNELL UNIVERSITY | |||||||||
| 616 THURSTON AVE | ITHACA | NY | 14850 | 150532082 | 501(C)(3) | $750,000 | $0 | OPERATING GRANT | |
| COUNCIL OF INDEPENDENT COLLEGES | |||||||||
| 1 DUPONT CIR NW 320 | WASHINGTON | DC | 20036 | 016004776 | 501(C)(3) | $1,300,000 | $0 | OPERATING GRANT | |
| CREDENTIAL ENGINE INC | |||||||||
| 2021 L STREET NW SUITE 101-342 | WASHINGTON | DC | 200364914 | 813389623 | 501(C)(3) | $75,000 | $0 | OPERATING GRANT | |
| THE DATA FOUNDATION INC | |||||||||
| 1100 13TH ST NW STE 800 | WASHINGTON | DC | 20005 | 383984512 | 501(C)(3) | $196,000 | $0 | OPERATING GRANT | |
| THE DC CENTRAL KITCHEN INC | |||||||||
| 2121 FIRST ST SW STE 140 | WASHINGTON | DC | 20024 | 521584936 | 501(C)(3) | $15,000 | $0 | OPERATING GRANT | |
| DELAWARE STATE UNIVERSITY FOUNDATION INC | |||||||||
| 1200 N DUPONT HWY | DOVER | DE | 199012202 | 201372435 | 501(C)(3) | $140,400 | $0 | OPERATING GRANT | |
| DENMARK TECHNICAL COLLEGE | |||||||||
| 1126 SOLOMON BLATT BLVD | DENMARK | SC | 29042 | 570529056 | 501(C)(3) | $61,660 | $0 | OPERATING GRANT | |
| DRAKE STATE TECHNICAL COLLEGE FOUNDATION INC | |||||||||
| 3421 MERIDIAN ST N | HUNTSVILLE | AL | 35811 | 631002142 | 501(C)(3) | $61,660 | $0 | OPERATING GRANT | |
| DRAKE UNIVERSITY | |||||||||
| 2507 UNIVERSITY AVENUE | DES MOINES | IA | 50311 | 420680460 | 501(C)(3) | $20,000 | $0 | OPERATING GRANT | |
| EDUCATION DESIGN LAB | |||||||||
| 1200 18TH ST NW 710 | WASHINGTON | DC | 20036 | 464248042 | 501(C)(3) | $450,000 | $0 | OPERATING GRANT | |
| THE ELIZABETH CITY STATE UNIVERSITY FOUNDATION | |||||||||
| 1704 WEEKSVILLE ROAD | ELIZABETH CITY | NC | 27909 | 237115345 | 501(C)(3) | $92,317 | $0 | OPERATING GRANT | |
| EMBARC INC | |||||||||
| PO BOX 221450 | CHICAGO | IL | 60622 | 273453182 | 501(C)(3) | $25,000 | $0 | OPERATING GRANT | |
| EVANGEL UNIVERSITY | |||||||||
| 1111 NORTH GLENSTONE AVENUE | SPRINGFIELD | MO | 65802 | 440589787 | 501(C)(3) | $15,000 | $0 | OPERATING GRANT | |
| FAYETTEVILLE STATE UNIVERSITY | |||||||||
| 200 MURCHISON ROAD | FAYETTEVILLE | NC | 28301 | 561238736 | 501(C)(3) | $137,200 | $0 | OPERATING GRANT | |
| FOLDS OF HONOR INDIANA | |||||||||
| 4000 W 106TH ST STE 125 PMB 347 | CARMEL | IN | 46032 | 462823616 | 501(C)(3) | $10,000 | $0 | OPERATING GRANT | |
| FORT VALLEY STATE UNIVERSITY FOUNDATION INC | |||||||||
| 1005 STATE COLLEGE DRIVE | FORT VALLEY | GA | 310304313 | 237281905 | 501(C)(3) | $73,900 | $0 | OPERATING GRANT | |
| HARLEM SCHOOL OF THE ARTS INC | |||||||||
| 645 ST NICHOLAS AVE | NEW YORK | NY | 10030 | 132552500 | 501(C)(3) | $10,000 | $0 | OPERATING GRANT | |
| HARRIS STOWE STATE UNIVERSITY | |||||||||
| 3026 LACLEDE AVENUE | ST LOUIS | MO | 63103 | 431166917 | 501(C)(3) | $110,550 | $0 | OPERATING GRANT | |
| HARVARD UNIVERSITY | |||||||||
| OFFICE FOR SPONSORED PROGRAMS | CAMBRIDGE | MA | 02138 | 042103580 | 501(C)(3) | $50,000 | $0 | OPERATING GRANT | |
| HERMOSA BEACH EDUCATION FOUNDATION | |||||||||
| PO BOX 864 | HERMOSA BEACH | CA | 90254 | 330522270 | 501(C)(3) | $15,000 | $0 | OPERATING GRANT | |
| HIGHER LEARNING ADVOCATES INC | |||||||||
| 1201 CONNECTICUT AVE NW | WASHINGTON | DC | 20036 | 814690411 | 501(C)(3) | $350,000 | $0 | OPERATING GRANT | |
| HILLSDALE COLLEGE | |||||||||
| 33 E COLLEGE ST | HILLSDALE | MI | 49242 | 381374230 | 501(C)(3) | $25,000 | $0 | OPERATING GRANT | |
| THE HOPE ACADEMY INC | |||||||||
| 3919 MADISON AVENUE SUITE 100 | INDIANAPOLIS | IN | 46227 | 842099551 | 501(C)(3) | $12,500 | $0 | OPERATING GRANT | |
| THE HOWARD UNIVERSITY | |||||||||
| 2400 6TH ST NW | WASHINGTON | DC | 20059 | 530204707 | 501(C)(3) | $6,500 | $0 | OPERATING GRANT | |
| ILLINOIS MANUFACTURERS ASSOCIATION EDUCATION FOUNDATION | |||||||||
| 1301 W 22ND STREET SUITE 307 | OAK BROOK | IL | 60523 | 363686904 | 501(C)(3) | $12,500 | $0 | OPERATING GRANT | |
| INDIANA UNIVERSITY FOUNDATION | |||||||||
| SHOWALTER HOUSE 1500 N STATE ROAD | BLOOMINGTON | IN | 47408 | 356018940 | 501(C)(3) | $27,500 | $0 | OPERATING GRANT | 46 BYPASS |
| INSTITUTE FOR DOCTORAL STUDIES IN THE VISUAL ARTS | |||||||||
| 795 CONGRESS ST | PORTLAND | ME | 04102 | 204984268 | 501(C)(3) | $7,500 | $0 | OPERATING GRANT | |
| THE INSTITUTE FOR HIGHER EDUCATION POLICY | |||||||||
| 1615 L STREET | WASHINGTON | DC | 20006 | 521818907 | 501(C)(3) | $58,840 | $0 | OPERATING GRANT | |
| ITHAKA HARBORS INC | |||||||||
| ONE LIBERTY PLAZA 165 BROADWAY 5TH | NEW YORK | NY | 100061404 | 133857105 | 501(C)(3) | $250,000 | $0 | OPERATING GRANT | |
| JACKIE ROBINSON FOUNDATION INC | |||||||||
| 1999 AVENUE OF THE STARS | LOS ANGELES | CA | 90067 | 132896345 | 501(C)(3) | $15,000 | $0 | OPERATING GRANT | |
| JARVIS CHRISTIAN UNIVERSITY | |||||||||
| HWY 80 E 7631 PRIVATE ROAD | HAWKINS | TX | 75765 | 750995027 | 501(C)(3) | $73,900 | $0 | OPERATING GRANT | |
| JOHNSON C SMITH UNIVERSITY | |||||||||
| 100 BEATTIES FORD RD | CHARLOTTE | NC | 282165302 | 250983069 | 501(C)(3) | $135,400 | $0 | OPERATING GRANT | |
| KING'S COLLEGE | |||||||||
| 133 N RIVER ST | WILKES BARRE | PA | 18711 | 240804602 | 501(C)(3) | $50,000 | $0 | OPERATING GRANT | |
| LSU FOUNDATION | |||||||||
| 3796 NICHOLSON DR | BATON ROUGE | LA | 70802 | 726020969 | 501(C)(3) | $50,000 | $0 | OPERATING GRANT | |
| LANE COLLEGE | |||||||||
| 545 LANE AVENUE | JACKSON | TN | 38301 | 620570060 | 501(C)(3) | $123,667 | $0 | OPERATING GRANT | |
| LATIN AMERICAN YOUTH CENTER | |||||||||
| 1419 COLUMBIA ROAD NW | WASHINGTON | DC | 20009 | 521023074 | 501(C)(3) | $15,000 | $0 | OPERATING GRANT | |
| LEMOYNE-OWEN COLLEGE | |||||||||
| 807 WALKER AVENUE | MEMPHIS | TN | 38126 | 620475690 | 501(C)(3) | $40,067 | $0 | OPERATING GRANT | |
| LINCOLN UNIVERSITY | |||||||||
| 1570 BALTIMORE PIKE | LINCOLN UNIVERSITY | PA | 19352 | 231352655 | 501(C)(3) | $189,225 | $0 | OPERATING GRANT | |
| LINCOLN UNIVERSITY - MISSOURI | |||||||||
| 820 CHESTNUT ST | JEFFERSON CITY | MO | 65101 | 446001089 | 501(C)(3) | $45,292 | $0 | OPERATING GRANT | |
| UNIVERSITY OF LOUISIANA SYSTEM FOUNDATION | |||||||||
| 1201 NORTH THIRD STREET SUITE 7-300 | BATON ROUGE | LA | 70802 | 581787408 | 501(C)(3) | $400,000 | $0 | OPERATING GRANT | |
| LOYOLA MARYMOUNT UNIVERSITY | |||||||||
| 1 LOYOLA MARYMOUNT UNIVERSITY DR | LOS ANGELES | CA | 90045 | 951643334 | 501(C)(3) | $10,000 | $0 | OPERATING GRANT | |
| MANHATTAN BEACH EDUCATION FOUNDATION | |||||||||
| 325 S PECK AVE | MANHATTAN BEACH | CA | 90266 | 953881166 | 501(C)(3) | $25,000 | $0 | OPERATING GRANT | |
| MARIAN UNIVERSITY | |||||||||
| 3200 COLD SPRING ROAD | INDIANAPOLIS | IN | 46222 | 350868175 | 501(C)(3) | $50,000 | $0 | OPERATING GRANT | |
| MARTIN UNIVERSITY INC | |||||||||
| 2186 N SHERMAN DRIVE | INDIANAPOLIS | IN | 46218 | 310970262 | 501(C)(3) | $128,667 | $0 | OPERATING GRANT | |
| MILES COLLEGE INC | |||||||||
| 5500 MYRON MASSEY BLVD | FAIRFIELD | AL | 35064 | 630400608 | 501(C)(3) | $123,667 | $0 | OPERATING GRANT | |
| MINDS MATTER NATIONAL INC | |||||||||
| 1120 AVENUE OF THE AMERICAS 4TH FL | NEW YORK | NY | 10036 | 133688434 | 501(C)(3) | $50,000 | $0 | OPERATING GRANT | |
| MISSISSIPPI STATE UNIVERSITY FOUNDATION INC | |||||||||
| PO BOX 6149 | MISSISSIPPI STATE | MS | 39762 | 640410581 | 501(C)(3) | $105,850 | $0 | OPERATING GRANT | |
| MONTPELIER FOUNDATION | |||||||||
| 11350 CONSTITUTION HWY | MONTPELIER STATION | VA | 22957 | 311620682 | 501(C)(3) | $10,000 | $0 | OPERATING GRANT | |
| NATIONAL ASSOCIATION OF STUDENT FINANCIAL AID ADMINISTRATORS | |||||||||
| 1801 PENNSYLVANIA AVENUE NW SUITE | WASHINGTON | DC | 200063606 | 830211970 | 501(C)(3) | $981,500 | $0 | OPERATING GRANT | 850 |
| NATIONAL ASSOCIATION OF STUDENT PERSONNEL ADMINISTRATORS INC | |||||||||
| 111 K STREET NE 10TH FLOOR | WASHINGTON | DC | 20002 | 521542164 | 501(C)(3) | $49,400 | $0 | OPERATING GRANT | |
| NATIONAL COLLEGE ATTAINMENT NETWORK | |||||||||
| 800 17TH ST NW | WASHINGTON | DC | 20006 | 311793562 | 501(C)(3) | $372,930 | $0 | OPERATING GRANT | |
| NORTH CAROLINA AGRICULTURAL AND TECHNICAL STATE UNIVERSITY | |||||||||
| 1601 E MARKET ST | GREENSBORO | NC | 27411 | 566000007 | 501(C)(3) | $123,667 | $0 | OPERATING GRANT | |
| OPEN CAMPUS MEDIA INC | |||||||||
| 1 THOMAS CIRCLE NW | WASHINGTON | DC | 20005 | 842427054 | 501(C)(3) | $175,000 | $0 | OPERATING GRANT | |
| PAUL QUINN COLLEGE | |||||||||
| 3837 SIMPSON STUART ROAD | DALLAS | TX | 75241 | 741238438 | 501(C)(3) | $135,400 | $0 | OPERATING GRANT | |
| PENNSYLVANIA'S STATE SYSTEM OF HIGHER EDUCATION FOUNDATION | |||||||||
| 100 NOBLE BLVD STE 10 1014 | CARLISLE | PA | 17013 | 222686249 | 501(C)(3) | $750,000 | $0 | OPERATING GRANT | |
| THE PHD PROJECT ASSOCIATION | |||||||||
| 3 CHESTNUT RIDGE RD | MONTVALE | NJ | 07645 | 202610773 | 501(C)(3) | $7,500 | $0 | OPERATING GRANT | |
| PHILANDER SMITH COLLEGE | |||||||||
| 900 W DAISY L GASTON BATES DRIVE | LITTLE ROCK | AR | 72202 | 710239729 | 501(C)(3) | $105,850 | $0 | OPERATING GRANT | |
| REACH UNIVERSITY | |||||||||
| 1221 PRESERVATION PARK WAY 100 | OAKLAND | CA | 94612 | 271274290 | 501(C)(3) | $1,500,000 | $0 | OPERATING GRANT | |
| ROCKEFELLER PHILANTHROPY ADVISORS INC | |||||||||
| 120 BROADWAY SUITE 3475 | NEW YORK | NY | 10271 | 133615533 | 501(C)(3) | $300,000 | $0 | OPERATING GRANT | |
| RUTGERS UNIVERSITY | |||||||||
| 115 COLLEGE AVENUE | NEW BRUNSWICK | NJ | 08901 | 226001086 | 501(C)(3) | $75,000 | $0 | OPERATING GRANT | |
| SAINT AUGUSTINE'S UNIVERSITY | |||||||||
| 1315 OAKWOOD AVE | RALEIGH | NC | 27610 | 560547478 | 501(C)(3) | $13,767 | $0 | OPERATING GRANT | |
| SHARE INCORPORATED | |||||||||
| PO BOX 1342 | BEVERLY HILLS | CA | 902131342 | 956097401 | 501(C)(3) | $15,000 | $0 | OPERATING GRANT | |
| THE SHAW UNIVERSITY | |||||||||
| 118 E SOUTH ST | RALEIGH | NC | 27601 | 560530235 | 501(C)(3) | $92,317 | $0 | OPERATING GRANT | |
| SOCIETY OF MANUFACTURING ENGINEERS | |||||||||
| 1000 TOWN CENTER SUITE 1910 | SOUTHFIELD | MI | 48075 | 380298770 | 501(C)(3) | $242,000 | $0 | OPERATING GRANT | |
| SOUTHERN NEW HAMPSHIRE UNIVERSITY | |||||||||
| 2500 N RIVER RD | MANCHESTER | NH | 03106 | 020274509 | 501(C)(3) | $100,000 | $0 | OPERATING GRANT | |
| SPELMAN COLLEGE | |||||||||
| 350 SPELMAN LANE SW PO BOX 1551 | ATLANTA | GA | 30314 | 580566243 | 501(C)(3) | $15,000 | $0 | OPERATING GRANT | |
| STATE HIGHER EDUCATION EXECUTIVE OFFICERS ASSOCIATION | |||||||||
| 3035 CENTER GREEN DR | BOULDER | CO | 80301 | 237167258 | 501(C)(3) | $207,500 | $0 | OPERATING GRANT | |
| STRADA COLLABORATIVE INC | |||||||||
| 10 W MARKET ST STE 1100 | INDIANAPOLIS | IN | 46204 | 861250084 | 501(C)(3) | $3,827,500 | $0 | MATCHING GRANT | |
| SOUTHERN UNIVERSITY AT NEW ORLEANS | |||||||||
| 6400 PRESS DRIVE | NEW ORLEANS | LA | 70126 | 726000817 | 501(C)(3) | $145,700 | $0 | OPERATING GRANT | |
| TEACHERS COLLEGE COLUMBIA UNIVERSITY | |||||||||
| 525 W 120TH ST | NEW YORK | NY | 10027 | 131624202 | 501(C)(3) | $800,000 | $0 | OPERATING GRANT | |
| TEMPLE UNIVERSITY | |||||||||
| 1330 POLLET WALK | PHILADELPHIA | PA | 19122 | 231365971 | 501(C)(3) | $10,000 | $0 | OPERATING GRANT | |
| TENNESSEE STATE COLLABORATIVE ON REFORMING EDUCATION (SCORE) | |||||||||
| 1801 WEST END AVE | NASHVILLE | TN | 37203 | 263670335 | 501(C)(3) | $250,000 | $0 | OPERATING GRANT | |
| TEXAS HIGHER EDUCATION FOUNDATION | |||||||||
| 1801 CONGRESS AVENUE | AUSTIN | TX | 78701 | 743017895 | 501(C)(3) | $250,000 | $0 | OPERATING GRANT | |
| TEXAS SOUTHERN UNIVERSITY | |||||||||
| 3100 CLEBURNE STREET | HOUSTON | TX | 77004 | 746001391 | 501(C)(3) | $140,100 | $0 | OPERATING GRANT | |
| THE CHILDREN'S HOSPITAL OF PHILADELPHIA FOUNDATION | |||||||||
| PO BOX 781352 | PHILADELPHIA | PA | 191781352 | 232237932 | 501(C)(3) | $15,000 | $0 | OPERATING GRANT | |
| THE FIELD SCHOOL INC | |||||||||
| 2301 FOXHALL ROAD NW | WASHINGTON | DC | 20007 | 520960218 | 501(C)(3) | $50,000 | $0 | OPERATING GRANT | |
| THE RONALD REAGAN PRESIDENTIAL FOUNDATION AND INSTITUTE | |||||||||
| 40 PRESIDENTIAL DRIVE | SIMI VALLEY | CA | 93065 | 770054631 | 501(C)(3) | $10,000 | $0 | OPERATING GRANT | |
| THE SCHOLARSHIP FOUNDATION OF ST LOUIS | |||||||||
| 6825 CLAYTON AVENUE | ST LOUIS | MO | 63139 | 436031234 | 501(C)(3) | $10,000 | $0 | OPERATING GRANT | |
| SCHOOL OF LEADERSHIP-AFGHANISTAN INC | |||||||||
| 75 STATE STREET SUITE 100 | BOSTON | MA | 02219 | 800967564 | 501(C)(3) | $15,000 | $0 | OPERATING GRANT | |
| UNIVERSITY OF ARKANSAS FOUNDATION INC | |||||||||
| 535 RESEARCH CENTER BLVD 120 | FAYETTEVILLE | AR | 72701 | 716056774 | 501(C)(3) | $10,000 | $0 | OPERATING GRANT | |
| THE UNIVERSITY OF TEXAS AT ARLINGTON | |||||||||
| 701 S NEDDERMAN DR | ARLINGTON | TX | 76019 | 756000121 | 501(C)(3) | $250,000 | $0 | OPERATING GRANT | |
| TOUGALOO COLLEGE | |||||||||
| 500 W COUNTY LINE RD | TOUGALOO | MS | 39174 | 640303093 | 501(C)(3) | $123,667 | $0 | OPERATING GRANT | |
| US CHAMBER OF COMMERCE FOUNDATION | |||||||||
| 1615 H ST NW | WASHINGTON | DC | 20062 | 461561597 | 501(C)(3) | $275,000 | $0 | OPERATING GRANT | |
| UCLA FOUNDATION | |||||||||
| 10889 WILSHIRE BLVD STE 1500 | LOS ANGELES | CA | 90024 | 952250801 | 501(C)(3) | $25,000 | $0 | OPERATING GRANT | |
| UNIVERSITY OF ARIZONA FOUNDATION | |||||||||
| 1111 N CHERRY AVENUE PO BOX 210109 | TUCSON | AZ | 857210109 | 866050388 | 501(C)(3) | $200,000 | $0 | OPERATING GRANT | |
| UNIVERSITY OF ARKANSAS AT PINE BLUFF | |||||||||
| 1200 N UNIVERSITY DR | PINE BLUFF | AR | 71601 | 752272869 | 501(C)(3) | $125,400 | $0 | OPERATING GRANT | |
| UNIVERSITY OF CALIFORNIA IRVINE | |||||||||
| 510 E PELTASON DR | IRVINE | CA | 92697 | 952226406 | 501(C)(3) | $300,000 | $0 | OPERATING GRANT | |
| UNIVERSITY OF CALIFORNIA LOS ANGELES | |||||||||
| 10889 WILSHIRE BLVD 700 | LOS ANGELES | CA | 90024 | 956006143 | 501(C)(3) | $10,000 | $0 | OPERATING GRANT | |
| UNIVERSITY OF HAWAII FOUNDATION | |||||||||
| 1810 UNIVERSITY AVENUE STE 300 | HONOLULU | HI | 96822 | 990085260 | 501(C)(3) | $200,000 | $0 | OPERATING GRANT | |
| UNIVERSITY OF ILLINOIS FOUNDATION | |||||||||
| PO BOX 734500 | CHICAGO | IL | 60673 | 376006007 | 501(C)(3) | $20,000 | $0 | OPERATING GRANT | |
| UNIVERSITY OF MICHIGAN | |||||||||
| 200 FLETCHER ST | ANN ARBOR | MI | 48109 | 386006309 | 501(C)(3) | $30,000 | $0 | OPERATING GRANT | |
| UNIVERSITY OF MINNESOTA-ROCHESTER | |||||||||
| 111 BROADWAY AVE S SUITE 300 | ROCHESTER | MN | 55904 | 416007513 | 501(C)(3) | $600,000 | $0 | OPERATING GRANT | |
| THE UNIVERSITY OF MONTANA FOUNDATION | |||||||||
| 32 CAMPUS DR | MISSOULA | MT | 59812 | 810362989 | 501(C)(3) | $100,000 | $0 | OPERATING GRANT | |
| UNIVERSITY OF NOTRE DAME | |||||||||
| UNIVERSITY RELATIONS | NOTRE DAME | IN | 46556 | 350868188 | 501(C)(3) | $55,500 | $0 | OPERATING GRANT | |
| UNIVERSITY OF PENNSYLVANIA | |||||||||
| 2929 WALNUT STREET SUITE 300 | PHILADELPHIA | PA | 19104 | 231352685 | 501(C)(3) | $25,000 | $0 | OPERATING GRANT | |
| UNIVERSITY OF PITTSBURGH | |||||||||
| 4200 FIFTH AVE | PITTSBURGH | PA | 15260 | 250965591 | 501(C)(3) | $100,000 | $0 | OPERATING GRANT | |
| UNIVERSITY OF UTAH | |||||||||
| 201 S PRESIDENTS CIR RM 411 | SALT LAKE CITY | UT | 84112 | 876000525 | 501(C)(3) | $15,000 | $0 | OPERATING GRANT | |
| UNIVERSITY OF VIRGINIA | |||||||||
| PO BOX 400807 | CHARLOTTESVILLE | VA | 229044807 | 546001796 | 501(C)(3) | $316,698 | $0 | OPERATING GRANT | |
| UNIVERSITY OF WASHINGTON | |||||||||
| 1410 NE CAMPUS PKWY | SEATTLE | WA | 98195 | 916001537 | 501(C)(3) | $250,000 | $0 | OPERATING GRANT | |
| VIRGINIA STATE UNIVERSITY | |||||||||
| 1 HAYDEN DRIVE | PETERSBURG | VA | 238060001 | 546001811 | 501(C)(3) | $142,200 | $0 | OPERATING GRANT | |
| VIRGINIA UNION UNIVERSITY | |||||||||
| 1500 N LOMBARDY ST | RICHMOND | VA | 232201711 | 540524516 | 501(C)(3) | $137,200 | $0 | OPERATING GRANT | |
| WASHINGTON MONTHLY INSTITUTE | |||||||||
| 1200 18TH STREET NW SUITE 330 | WASHINGTON | DC | 20036 | 800434806 | 501(C)(3) | $350,000 | $0 | OPERATING GRANT | |
| WEST LOS ANGELES COLLEGE FOUNDATION | |||||||||
| 9000 OVERLAND AVE | CULVER CITY | CA | 90230 | 237351797 | 501(C)(3) | $25,000 | $0 | OPERATING GRANT | |
| WESTED | |||||||||
| 730 HARRISON STREET | SAN FRANCISCO | CA | 94107 | 943233542 | 501(C)(3) | $300,000 | $0 | OPERATING GRANT | |
| WILBERFORCE UNIVERSITY | |||||||||
| PO BOX 1001 | WILBERFORCE | OH | 45384 | 310604719 | 501(C)(3) | $92,317 | $0 | OPERATING GRANT | |
| WILEY COLLEGE | |||||||||
| 711 WILEY AVENUE | MARSHALL | TX | 75670 | 750818183 | 501(C)(3) | $11,800 | $0 | OPERATING GRANT | |
| WORKCRED INC | |||||||||
| 1899 L STREET NW 11TH FLOOR | WASHINGTON | DC | 20036 | 471467778 | 501(C)(3) | $75,000 | $0 | OPERATING GRANT | |
| WORKFORCE SOLUTIONS BORDERPLEX INC | |||||||||
| 304 TEXAS AVE SUITE 1400 | EL PASO | TX | 79901 | 742911834 | 501(C)(3) | $150,000 | $0 | OPERATING GRANT | |
| YOUTH FOR TOMORROW-NEW LIFE CENTER INC | |||||||||
| 11835 HAZEL CIRCLE DR | BRISTOW | VA | 20136 | 521342268 | 501(C)(3) | $10,000 | $0 | OPERATING GRANT | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 142 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | STRADA EDUCATION FOUNDATION, INC.'S GRANT-MAKING IS LIMITED TO THE 50 U.S. STATES AND THE DISTRICT OF COLUMBIA. STRADA EDUCATION FOUNDATION, INC. MONITORS THE USE OF GRANT FUNDS BY REQUIRING THE GRANTEE TO SEND IN A FINAL ACCOUNTING REPORT DESCRIBING HOW THE FUNDS WERE USED. THIS REPORT WILL INCLUDE ACTUAL EXPENSES THAT WOULD BE COMPARED TO THE BUDGET SENT IN WITH THE ORGINAL GRANT REQUEST. IN ADDITION, PROGRAM OFFICERS PERFORM SITE VISITS OR ATTEND EVENTS THAT STRADA EDUCATION FOUNDATION, INC. HAS SPONSORED. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | 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 | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (18 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| STEPHEN MORET | ||||||||||||||
| CEO & PRESIDENT | $550,903 | $0 | $474,938 | $0 | $235,117 | $0 | $97,773 | $0 | $43,666 | $0 | $1,402,397 | $0 | $0 | $0 |
| RUTH WATKINS | ||||||||||||||
| EVP, PRESIDENT POST ED | $527,853 | $0 | $365,740 | $0 | $27,108 | $0 | $67,350 | $0 | $34,046 | $0 | $1,022,097 | $0 | $0 | $0 |
| LARRY LUTZ | ||||||||||||||
| SEC. (THRU 01/23)/EVP, CORP. DEV. | $379,273 | $0 | $209,286 | $0 | $59,197 | $0 | $36,778 | $0 | $40,616 | $0 | $725,150 | $0 | $0 | $0 |
| MICHAEL AUSTIN | ||||||||||||||
| EVP, CFO & TREASURER | $378,523 | $0 | $202,793 | $0 | $52,106 | $0 | $37,671 | $0 | $43,501 | $0 | $714,594 | $0 | $0 | $0 |
| THOMAS DAWSON | ||||||||||||||
| EVP | $381,761 | $0 | $207,735 | $0 | $42,612 | $0 | $34,202 | $0 | $43,766 | $0 | $710,076 | $0 | $0 | $0 |
| RHONDA POWELL | ||||||||||||||
| EVP GEN COUN & CORP SEC (AS OF 1/23) | $367,239 | $0 | $160,000 | $0 | $24,098 | $0 | $31,037 | $0 | $26,708 | $0 | $609,082 | $0 | $0 | $0 |
| DAVID CLAYTON | ||||||||||||||
| SVP, CONSUMER INSIGHTS | $317,243 | $0 | $163,193 | $0 | $38,082 | $0 | $26,146 | $0 | $42,416 | $0 | $587,080 | $0 | $0 | $0 |
| JESSICA HINKLE | ||||||||||||||
| SVP, STRATEGIC INVESTMENTS | $301,979 | $0 | $155,011 | $0 | $36,594 | $0 | $23,926 | $0 | $43,666 | $0 | $561,176 | $0 | $0 | $0 |
| COURTNEY MCBETH | ||||||||||||||
| SVP, CHIEF PROGRAM OFFICER | $295,188 | $0 | $149,988 | $0 | $24,392 | $0 | $22,490 | $0 | $41,116 | $0 | $533,174 | $0 | $0 | $0 |
| THOMAS R ERTEL | ||||||||||||||
| SVP & CAO | $297,590 | $0 | $148,701 | $0 | $33,310 | $0 | $22,586 | $0 | $17,208 | $0 | $519,395 | $0 | $0 | $0 |
| LEONARD GURIN | ||||||||||||||
| SVP, INVESTMENTS | $284,545 | $0 | $147,002 | $0 | $27,573 | $0 | $21,604 | $0 | $37,030 | $0 | $517,754 | $0 | $0 | $0 |
| TERRY HOLLOWAY | ||||||||||||||
| FORMER OFFICER | $267,776 | $0 | $137,250 | $0 | $32,505 | $0 | $18,994 | $0 | $44,358 | $0 | $500,883 | $0 | $0 | $0 |
| CHRISTOPHER MEYER | ||||||||||||||
| SVP, STRATEGY & INNOVATION | $258,039 | $0 | $138,950 | $0 | $25,629 | $0 | $17,671 | $0 | $41,116 | $0 | $481,405 | $0 | $0 | $0 |
| DARYL GRAHAM | ||||||||||||||
| FORMER OFFICER | $260,223 | $0 | $131,766 | $0 | $24,979 | $0 | $16,959 | $0 | $25,596 | $0 | $459,523 | $0 | $0 | $0 |
| GABRIELLA GOMEZ | ||||||||||||||
| EVP, POL, ADV & COMMS (AS OF 05/23) | $286,058 | $0 | $100,000 | $0 | $23,369 | $0 | $663 | $0 | $0 | $0 | $410,090 | $0 | $0 | $0 |
| CHRISTOPHER MICHAEL BORTE | ||||||||||||||
| VP & CHIEF INFORMATION OFFICER | $194,080 | $0 | $56,067 | $0 | $103,067 | $0 | $10,272 | $0 | $39,927 | $0 | $403,413 | $0 | $0 | $0 |
| ARISTIDE COLLINS | ||||||||||||||
| CHIEF ADMIN. OFFICER (AS OF 08/23) | $169,670 | $0 | $150,000 | $0 | $19,572 | $0 | $0 | $0 | $5,597 | $0 | $344,839 | $0 | $0 | $0 |
| WILLIAM HANSEN | ||||||||||||||
| FORMER OFFICER | $0 | $0 | $0 | $0 | $282,342 | $0 | $0 | $0 | $0 | $0 | $282,342 | $0 | $282,342 | $0 |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | 1. FIRST CLASS TRAVEL - FIRST CLASS TRAVEL IS APPROVED FOR ALL TRUSTEES IF THE FLIGHT IS MORE THAN 2 HOURS IN DURATION OR IF A MEDICAL CONDITION EXISTS WHICH REQUIRES THE NEED FOR AN UPGRADE. THIS NON-TAXABLE BUSINESS EXPENSE IS NOT TREATED AS ADDITIONAL TAXABLE COMPENSATION TO THE TRUSTEE. DURING 2023, SIX TRUSTEES TRAVELED ONE OR MORE TIMES AS A FIRST CLASS PASSENGER. FIRST CLASS TRAVEL IS APPROVED FOR EMPLOYEES, AT THE DISCRETION OF THE CEO, TYPICALLY WHEN A MEDICAL CONDITION EXISTS WHICH REQUIRES THE NEED FOR AN UPGRADE. DURING 2023, ONE OFFICER TRAVELED AS A FIRST CLASS PASSENGER DUE TO MEDICAL REASONS. 2. HEALTH OR SOCIAL CLUB DUES - STRADA EDUCATION FOUNDATION, INC. REIMBURSES ALL FULL TIME EMPLOYEES INCLUDING OFFICERS UP TO A MAXIMUM OF $250 PER CALENDAR YEAR FOR THE COST OF (I) EXERCISE EQUIPMENT PURCHASED DURING THE APPLICABLE CALENDAR YEAR AND/OR (II) A HEALTH OR FITNESS CLUB MEMBERSHIP. ALL REIMBURSEMENTS ARE CONSIDERED TAXABLE INCOME TO THE EMPLOYEE. DURING 2023, THREE OFFICERS, ONE FORMER OFFICER, TWO KEY EMPLOYEES, AND TWO HIGHEST COMPENSATED EMPLOYEES RECEIVED REIMBURSEMENT FOR HEALTH OR SOCIAL CLUB DUES. |
| PART I, LINE 4A: | UNDER A VOLUNTARY TERMINATION AGREEMENT ENTERED INTO BY THE EMPLOYEE AND THE ORGANIZATION OR UPON A QUALIFYING TERMINATION DEFINED AS AN INVOLUNTARY SEPARATION FROM SERVICE OTHER THAN FOR CAUSE, THE EMPLOYEE IS ENTITLED TO SEVERANCE PAY BASED UPON YEARS OF SERVICE. THE TERMS AND CONDITIONS TO RECEIVE SEVERANCE PAYMENTS REQUIRE THE EMPLOYEE TO SIGN A RELEASE OF CLAIMS FORM THAT COVERS ALL SITUATIONS SURROUNDING THE EMPLOYEE'S EMPLOYMENT AND SEPARATION FROM STRADA EDUCATION FOUNDATION, INC. A SEVERANCE PAYMENT WAS MADE DURING THE YEAR TO THE FOLLOWING LISTED PERSONS IN PART VII: WILLIAM HANSEN - $282,342 CHRISTOPHER MICHAEL BORTE - $57,412 |
| PART I, LINE 4B: | ELIGIBLE EMPLOYEES PARTICIPATE IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN UNDER CODE SECTION 457(F). ANY AMOUNTS ULTIMATELY PAID UNDER THE PLAN TO AN ELIGIBLE EMPLOYEE IS REPORTED AS COMPENSATION ON FORM 990, SCHEDULE J, PART II, COLUMN B IN THE YEAR PAID. PAYMENTS UNDER THE 457(F) PLAN WERE MADE DURING CALENDAR YEAR 2023 TO THE FOLLOWING LISTED PERSONS IN PART VII: MICHAEL AUSTIN - $6,598 DAVID CLAYTON - $8,808 THOMAS DAWSON - $19,286 THOMAS R. ERTEL - $7,606 DARYL GRAHAM - $812 LEONARD GURIN - $2,582 JESSICA HINKLE - $7,779 TERRY HOLLOWAY - $838 LARRY LUTZ - $22,211 |
| PART I, LINE 7: | ALL OFFICERS AND ALL EMPLOYEES OF THE COMPANY PARTICIPATE IN THE "EMPLOYEE INCENTIVE PLAN." ANNUAL PAYMENTS ARE BASED ON OVERALL CORPORATE PERFORMANCE IN THE ACCOMPLISHMENT OF THE CORPORATE OBJECTIVES, AS EVALUATED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES, AND INDIVIDUAL PERFORMANCE. THE AMOUNT OF THE PAYMENT IS A PERCENTAGE OF ANNUAL SALARY, VARYING BY THE SALARY GRADE OF THE INDIVIDUAL POSITION. THE CHIEF EXECUTIVE OFFICER, EXECUTIVE VICE PRESIDENTS, AND SENIOR VICE PRESIDENTS OF THE COMPANY PARTICIPATE IN THE "EMPLOYEE INCENTIVE PLAN." ANNUAL PAYMENTS ARE BASED ON OVERALL CORPORATE PERFORMANCE IN THE ACCOMPLISHMENT OF THE CORPORATE OBJECTIVES, AS EVALUATED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE AMOUNT OF THE PAYMENT IS A PERCENTAGE OF ANNUAL SALARY, VARYING BY THE SALARY GRADE OF THE INDIVIDUAL POSITION. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | PERSONS LISTED IN PART VII MAY HAVE A "BUSINESS RELATIONSHIP" WITH EACH OTHER BY VIRTUE OF SITTING ON RELATED STRADA EDUCATION FOUNDATION, INC. BOARDS BY VIRTUE OF THEIR EMPLOYMENT WITH RELATED STRADA EDUCATION FOUNDATION, INC. ENTITIES. |
| FORM 990, PART VI, SECTION A, LINE 4 | EFFECTIVE AUGUST 22, 2023, STRADA EDUCATION FOUNDATION, INC. AMENDED ITS ARTICLES OF INCORPORATION TO CHANGE ITS NAME FROM STRADA EDUCATION NETWORK, INC. TO STRADA EDUCATION FOUNDATION, INC. (PREVIOUSLY CHANGED WITH THE IRS). |
| FORM 990, PART VI, SECTION A, LINE 6 | AS A DELAWARE NON-PROFIT ORGANIZATION, THIS CORPORATION HAS INDIVIDUALS AS ITS MEMBERS THAT SERVE AS ITS BOARD OF TRUSTEES. |
| FORM 990, PART VI, SECTION B, LINE 11B | ONCE THE FORM 990 IS PREPARED BY THE COMPANY, WITH ASSISTANCE FROM THE EXTERNAL TAX ACCOUNTING FIRM, THE FORM AND ALL APPLICABLE SCHEDULES ARE PROVIDED TO THE FINANCE AND AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW. AFTER THE FINANCE AND AUDIT COMMITTEE HAS COMPLETED THEIR REVIEW, THE FORM AND ALL APPLICABLE SCHEDULES ARE PROVIDED TO THE FULL BOARD IN ADVANCE OF THE FORM BEING FILED WITH THE IRS, ALLOWING TIME FOR REVIEW AND COMMENT BY THE FULL BOARD. |
| FORM 990, PART VI, SECTION B, LINE 12C | ANNUALLY, A CONFLICT OF INTEREST AND DISCLOSURE QUESTIONNAIRE IS REQUIRED TO BE COMPLETED BY ALL EMPLOYEES. THE PURPOSE OF THE QUESTIONNAIRE IS TO SOLICIT INFORMATION ABOUT RELATIONSHIPS THAT MAY CONSTITUTE A POTENTIAL CONFLICT OF INTEREST. EACH MEMBER OF THE BOARD OF TRUSTEES SIGNS AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT THAT DISCLOSES ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AS SET FORTH IN THE APPROVED CONFLICT OF INTEREST POLICY FOR TRUSTEES. TRUSTEES VERBALLY UPDATE AND CONFIRM THE ACCURACY OF THEIR ANNUAL WRITTEN CONFLICT OF INTEREST DISCLOSURES DURING EACH QUARTERLY BOARD MEETING. THE DISCLOSURE STATEMENTS ARE REVIEWED BY THE GOVERNANCE COMMITTEE OF THE BOARD OF TRUSTEES. WHEN ANY SUCH CONFLICT OF INTEREST IS RELEVANT TO A MATTER REQUIRING ACTION BY THE BOARD OF TRUSTEES OR ANY COMMITTEE, THE INTERESTED PERSON SHALL CALL IT TO THE ATTENTION OF THE CHAIR OF THE COMMITTEE, AND SUCH PERSON SHALL NOT VOTE ON THE MATTER. MOREOVER, THE PERSON HAVING THE CONFLICT SHALL LEAVE THE ROOM IN WHICH THE MEETING IS HELD AND NOT PARTICIPATE IN THE FINAL DELIBERATIONS OR DECISIONS REGARDING THE MATTER UNDER CONSIDERATION. A TRUSTEE SHALL ADVISE THE CHAIR OF THE GOVERNANCE COMMITTEE AND THE CORPORATE SECRETARY IN WRITING OF ANY POTENTIAL CONFLICTS OF INTEREST WHICH ARISE AFTER SIGNING THE CONFLICT OF INTEREST DISCLOSURE STATEMENT. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION DETERMINATIONS OF STRADA EDUCATION FOUNDATION, INC.'S CEO AND THE OTHER OFFICERS FOR CALENDAR YEAR 2023 WERE MADE BY A COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES WHOSE MEMBERS HAVE NO CONFLICT OF INTEREST WITHIN THE MEANING OF TREAS. REG. 53.4958-6(C)(1)(III). THE COMPENSATION COMMITTEE ESTABLISHES THE COMPENSATION PHILOSOPHY, AND WITH COMPARABILITY DATA PROVIDED BY AN INDEPENDENT COMPENSATION CONSULTANT, ANNUALLY EVALUATES THE PERFORMANCE OF THE CEO AND ALL OTHER OFFICERS, AND DETERMINES IN ADVANCE THE REASONABLENESS OF COMPENSATION PAID TO AND BENEFITS PROVIDED TO SUCH INDIVIDUALS. AS PART OF THE ANNUAL PERFORMANCE EVALUATION, THE COMPENSATION COMMITTEE SOLICITS THE VIEWS OF THE CHAIRS OF THE OTHER BOARD COMMITTEES. THE DETERMINATIONS MADE AND THE BASIS OF SUCH DETERMINATIONS ARE CONTEMPORANEOUSLY DOCUMENTED IN WRITTEN MINUTES. FINAL DETERMINATIONS ARE REPORTED TO THE FULL BOARD OF TRUSTEES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ANY DOCUMENT OPEN TO PUBLIC INSPECTION AVAILABLE UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | INTERCOMPANY SERVICES/GOODS EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 666,099. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 666,099. MISCELLANEOUS PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 6,609,314. MANAGEMENT AND GENERAL EXPENSES 3,103,737. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,713,051. CONTRACT LABOR - TIME: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 250,550. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 250,550. |
| FORM 990, PART XI, LINE 9: | RETIREE HEALTH BENEFIT ADJUSTMENT (FAS158) -147,382. NET ASSET ADJUSTMENT FOR STRADA IDAHO HOLDINGS 9,239,000. TRANSFER OF ASSETS, LIABILITIES & NET ASSETS TO STRADA COLLABORATIVE, LLC -49,126,886. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STRADA COLLABORATIVE LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 WEST MARKET STREET STE 1100 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 934340224 | EIN |
| Primary Activities | EDUCATIONAL SUPPORT SERVICES | PrimaryActivitiesTxt |
| Legal Domicile State | IN | LegalDomicileStateCd |
| Total Income | $0 | TotalIncomeAmt |
| End Of Year Assets | $55,117,945 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STRADA EDUCATION FOUNDATION INC | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STRADA COLLABORATIVE INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 WEST MARKET STREET STE 1100 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 861250004 | EIN |
| Primary Activities | EDUCATIONAL SUPPORT SERVICES | PrimaryActivitiesTxt |
| Legal Domicile State | IN | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | 7 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STRADA EDUCATION FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STRADA SOLUTIONS INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 WEST MARKET STREET STE 1100 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 371897172 | EIN |
| Primary Activities | HOLDING COMPANY | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STRADA EDUCATION FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Share Of Total Income | $17,004,136 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $18,960,526 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (1) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (13 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| STRADA SOLUTIONS INC | ||
| A | $5,930 | FMV |
| STRADA COLLABORATIVE INC | ||
| B | $3,827,500 | FMV |
| STRADA COLLABORATIVE INC | ||
| C | $49,126,886 | FMV |
| STRADA SOLUTIONS INC | ||
| D | $250,000 | FMV |
| STRADA SOLUTIONS INC | ||
| M | $509,023 | FMV |
| STRADA COLLABORATIVE INC | ||
| O | $314,496 | FMV |
| STRADA COLLABORATIVE INC | ||
| P | $64,732 | FMV |
| STRADA COLLABORATIVE INC | ||
| Q | $194,151 | FMV |
| STRADA SOLUTIONS INC | ||
| Q | $129,407 | FMV |
| STRADA COLLABORATIVE LLC | ||
| R | $49,126,886 | BOOK VALUE |
| STRADA COLLABORATIVE INC | ||
| R | $5,261,338 | FMV |
| STRADA SOLUTIONS INC | ||
| S | $1,349,884 | FMV |
| STRADA COLLABORATIVE INC | ||
| S | $10,298,276 | BOOK VALUE |
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