EDUCATE: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
EDUCATE (EIN 84-1648607)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-10-13
IRS object ID
202302869349302135
Schema version
2022v5.0
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

FieldValueIRS element (for citing)
Return2023-10-13T14:46:11-05:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN582676261PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Rogers & Company PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18300 Boone Boulevard Suite 600AddressLine1Txt
CityViennaCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22182ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN841648607EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1EducateBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlEDUCBusinessNameControlTxt
Phone3032174727PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 12302AddressLine1Txt
CityDenverCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80212ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBoris BulayevPersonNm
Person TitleCEO & Co-FounderPersonTitleTxt
Phone3032174727PhoneNum
Signature2023-10-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstBorisPersonFirstNm
Person LastBulayevPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonHemali Kane EAPreparerPersonNm
PTINP01337292PTIN
Phone7038930300PhoneNum
Preparation2023-10-12PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerBoris BulayevPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 12302AddressLine1Txt
CityDenverCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80212ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$17,513,135GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresshttps://www.experienceeducate.org/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2005FormationYr
Legal Domicile StateCOLegalDomicileStateCd
Activity Or MissionEducate!'s mission is to develop young leaders and entrepreneurs in Africa. See Part IIIActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee18TotalEmployeeCnt
Total Volunteers202TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$6,035,008PYContributionsGrantsAmt
CY Contributions Grants$17,319,820CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$29,255PYInvestmentIncomeAmt
CY Investment Income$178,505CYInvestmentIncomeAmt
PY Other Revenue$8,126PYOtherRevenueAmt
CY Other Revenue$14,810CYOtherRevenueAmt
PY Total Revenue$6,072,389PYTotalRevenueAmt
CY Total Revenue$17,513,135CYTotalRevenueAmt
PY Grants And Similar Paid$112,685PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$114,752CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$3,778,939PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$4,475,189CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$532,569CYTotalFundraisingExpenseAmt
PY Other Expenses$1,498,463PYOtherExpensesAmt
CY Other Expenses$2,573,426CYOtherExpensesAmt
PY Total Expenses$5,390,087PYTotalExpensesAmt
CY Total Expenses$7,163,367CYTotalExpensesAmt
PY Revenues Less Expenses$682,302PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$10,349,768CYRevenuesLessExpensesAmt
Total Assets BOY$12,591,345TotalAssetsBOYAmt
Total Assets EOY$22,620,487TotalAssetsEOYAmt
Total Liabilities BOY$593,175TotalLiabilitiesBOYAmt
Total Liabilities EOY$292,589TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$11,998,170NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$22,327,898NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionEducate!'s mission is to develop young leaders and entrepreneurs in Africa. Educate! delivers a practical and relevant model of education to youth in Uganda, Rwanda and Kenya, comprised of a leadership and entrepreneurship course, interactive teaching, intensive mentorship, experience starting an enterprise, and access to out of school networks and resources. Through advocacy and direct service in schools, Educate! is working to get this model to be part of the education system.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$6,125,497ExpenseAmt
Grant$114,752GrantAmt
DescEducate! is a nonprofit organization incorporated in 2005 under the laws of the State of Colorado with operations in Uganda, Rwanda, and Kenya for the purpose of preparing youth in Africa with the skills to succeed in today's economy. Educate!'s mission is to develop young leaders and entrepreneurs in Africa. Educate! delivers a practical and relevant model of education to youth in Uganda, Rwanda, and Kenya, comprised of a leadership and entrepreneurship course, interactive teaching, intensive mentorship, experience starting an enterprise.Educate!'s program activities run under three solution lines, as follows:1) School Solutions - Educate! delivers workforce readiness, entrepreneurship, and 21st century skills training directly in schools.2) Education System Solutions - Educate! partners with governments to support the integration of evidence-based skills education into national education systems and invest in continued assessment of this approach.3) Out-of-School Youth Solutions - Educate! creates bootcamps to equip out-of-school youth with skills to successfully transition to quality employment.Desc
Total Program Service Expenses$6,125,497TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (1)MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document29IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee18EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial AccountYes (1)ForeignFinancialAccountInd
Foreign CountryKEForeignCountryCd
Foreign CountryUGForeignCountryCd
Foreign CountryRWForeignCountryCd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCOStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The OrganizationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3032174727PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 12302AddressLine1Txt
CityDenverCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80212ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
Eric Glustrom
Board Chair2.00Yes (X)Yes (X)$0$0$0
Amy Kates
Treasurer2.00Yes (X)Yes (X)$0$0$0
Radhika Malpani
Member2.00Yes (X)$0$0$0
Dzingai Mtumubuka
Member2.00Yes (X)$0$0$0
Jeff Aludo
Member2.00Yes (X)$0$0$0
Nikita Miller
Member2.00Yes (X)$0$0$0
Boris Bulayev
CEO & Co-Founder50.00Yes (X)$172,986$0$8,298
Margaret Appleton
Chief Operating Officer50.00Yes (X)$145,000$0$3,629
Ivan Ssenfuma
Chief Financial Officer50.00Yes (X)$123,788$0$0
Angelica Towne
Chief Strategy and Innovation Officer50.00$133,954$0$3,629Yes (X)
Alexander Kelly
Global Director of Growth and Revenue50.00$109,315$0$6,066Yes (X)
Elana Pollack
Director of Talent50.00$115,360$0$9,527Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$800,403TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$31,149TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K6IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Cell-Ed IncBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1855 El Camino Real Suite 13A-212AddressLine1Txt
CityPalo AltoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP943012305ZIPCd
FieldValueIRS element (for citing)
ServicesTechnology consultingServicesDesc
Compensation$116,884CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Government Grants$247,108GovernmentGrantsAmt
All Other Contributions$17,072,712AllOtherContributionsAmt
Total Contributions$17,319,820TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$178,505TotalRevenueColumnAmt
Exclusion$178,505ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOther revenueDesc
Business900099BusinessCd
Total Revenue Column$14,810TotalRevenueColumnAmt
Exclusion$14,810ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$14,810OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$17,513,135TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$193,315ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$114,752TotalAmt
Program Services$114,752ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$453,701TotalAmt
Program Services$402,474ProgramServicesAmt
Management And General$9,615ManagementAndGeneralAmt
Fundraising$41,612FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,415,223TotalAmt
Program Services$3,029,612ProgramServicesAmt
Management And General$72,373ManagementAndGeneralAmt
Fundraising$313,238FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$12,055TotalAmt
Program Services$10,694ProgramServicesAmt
Management And General$255ManagementAndGeneralAmt
Fundraising$1,106FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$326,491TotalAmt
Program Services$288,242ProgramServicesAmt
Management And General$8,431ManagementAndGeneralAmt
Fundraising$29,818FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$267,719TotalAmt
Program Services$237,491ProgramServicesAmt
Management And General$5,673ManagementAndGeneralAmt
Fundraising$24,555FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,545TotalAmt
Program Services$1,304ProgramServicesAmt
Management And General$63ManagementAndGeneralAmt
Fundraising$178FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$114,669TotalAmt
Management And General$114,669ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$888,097TotalAmt
Program Services$760,040ProgramServicesAmt
Management And General$59,770ManagementAndGeneralAmt
Fundraising$68,287FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$17,796TotalAmt
Program Services$14,698ProgramServicesAmt
Management And General$2,172ManagementAndGeneralAmt
Fundraising$926FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$61,513TotalAmt
Program Services$46,895ProgramServicesAmt
Management And General$12,234ManagementAndGeneralAmt
Fundraising$2,384FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$292,183TotalAmt
Program Services$249,293ProgramServicesAmt
Management And General$27,222ManagementAndGeneralAmt
Fundraising$15,668FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$82,386TotalAmt
Program Services$40,888ProgramServicesAmt
Management And General$39,354ManagementAndGeneralAmt
Fundraising$2,144FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$678,398TotalAmt
Program Services$582,606ProgramServicesAmt
Management And General$69,283ManagementAndGeneralAmt
Fundraising$26,509FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$137,006TotalAmt
Program Services$117,660ProgramServicesAmt
Management And General$13,992ManagementAndGeneralAmt
Fundraising$5,354FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$4,055TotalAmt
Program Services$1,050ProgramServicesAmt
Management And General$3,005ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Program Supplies$107,862$103,838$3,904$120
Cost of Goods Sold$106,933$106,933
Bad debt$61,674$61,674
Fees, permits, licenses$19,309$17,027$1,612$670

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$7,163,367TotalAmt
Program Services$6,125,497ProgramServicesAmt
Management And General$505,301ManagementAndGeneralAmt
Fundraising$532,569FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,189,612BOYAmt
EOY$2,910,653EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$8,062,761BOYAmt
EOY$8,513,166EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,272,845BOYAmt
EOY$1,118,034EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$21,023BOYAmt
EOY$34,613EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$45,104BOYAmt
EOY$44,021EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$10,000,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$12,591,345BOYAmt
EOY$22,620,487EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$346,067BOYAmt
EOY$292,589EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$247,108BOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$593,175BOYAmt
EOY$292,589EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$8,841,304BOYAmt
EOY$9,027,898EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,156,866BOYAmt
EOY$13,300,000EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$11,998,170BOYAmt
EOY$22,327,898EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$12,591,345BOYAmt
EOY$22,620,487EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$10,349,768ReconcilationRevenueExpnssAmt
Other Changes In Net Assets-$20,040OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,819,681CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$9,630,377CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$6,844,234CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,035,008CurrentTaxYearMinus1YearAmt
Current Tax Year$17,319,820CurrentTaxYearAmt
Total$45,649,120TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,819,681CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$9,630,377CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$6,844,234CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,035,008CurrentTaxYearMinus1YearAmt
Current Tax Year$17,319,820CurrentTaxYearAmt
Total$45,649,120TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$17,909,533SubstantialContributorsTotAmt
Public Support Total170$27,739,587PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,787CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,489CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$33,926CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$29,255CurrentTaxYearMinus1YearAmt
Current Tax Year$178,505CurrentTaxYearAmt
Total$246,962TotalAmt
FieldValueIRS element (for citing)
Total Support$45,896,082TotalSupportAmt
Gross Receipts Rltd Activities$141,940GrossReceiptsRltdActivitiesAmt
Public Support CY1700.60440PublicSupportCY170Pct
Public Support PY1700.76670PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescLong term cash and cash equivalentsDesc
Book Value$10,000,000BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$10,000,000TotalBookValueOtherAssetsAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart X, Line 2:FormAndLineReferenceDesc
ExplanationManagement has evaluated the Organization's tax positions and concluded that the Organization's consolidated financial statements do not include any uncertain tax positions.ExplanationTxt

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Sub-Saharan Africa3178Program servicesEducational programs$5,236,745
Sub-Saharan Africa00Grantmaking$114,752
FieldValueIRS element (for citing)
Subtotal Offices3SubtotalOfficesCnt
Subtotal Employees178SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office3TotalOfficeCnt
Total Employee178TotalEmployeeCnt
Subtotal Spent$5,351,497SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$5,351,497TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (5 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxtDescription Of Non Cash AsstDescriptionOfNonCashAsstTxtValuation Method UsedValuationMethodUsedDesc
Mentor stipendsSub-Saharan Africa202$84,431Mobile transfern/an/a
Business developmentSub-Saharan Africa523$20,725Mobile transfern/an/a
AwardsSub-Saharan Africa57$2,464Mobile transfern/an/a
Tuition and feesSub-Saharan Africa6$7,080Mobile transfern/an/a
ScholarshipsSub-Saharan Africa1$53Mobile Transfern/aN/A
FieldValueIRS element (for citing)
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part I, Line 2:The grants are seed money for the graduates' businesses. Recipients are members of a fellowship progam and their performance is reported on a termly basis. Educate! staff meets with them on a biweekly basis to discuss the progress of their businesses.
Part I, line 3:Foreign expenses are directly tracked by region, and accounted for on the accrual method of accounting.
Part III Accounting Method:

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonBoris BulayevPersonNm
TitleCEO & Co-FounderTitleTxt
Base Compensation Filing Org$172,986BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$5,418DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$2,880NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$181,284TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Parts I and V, Lines 5 and 2a:The reference to 18 employees is a reference to the U.S. paid employees only and does not include the additional 178 East African paid employees, which contributes to the total salaries reported.
Form 990, Part VI, Section B, line 11bThe CEO, CFO and Finance Committee review the 990 before filing.
Form 990, Part VI, Section B, line 12cEvery officer in the organization is aware of the Conflict of Interest Policy and brings to the attention of the Board Chair whenever there is a possible breach in this policy The Board Chair then decides whether to bring the conflict of interest issue to the entire Board of Directors.
Form 990, Part VI, Section B, line 15The Board uses data of other comparable organizations to discuss and approve appropriate executive salaries.
Form 990, Part VI, Section C, line 19Governing documents are available upon request.
Form 990, Part IX, line 11gConsultants, contractors and other professional fees: Program service expenses 760,040. Management and general expenses 59,770. Fundraising expenses 68,287. Total expenses 888,097.
Form 990, Part XI, line 9:FX Exchange Loss -20,040.
Form 990, Part XII, Line 2c:No change from prior year.

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtShare Of EOY AssetsShareOfEOYAssetsAmtOwnershipOwnershipPctControlled OrganizationControlledOrganizationIndAddress Line1ForeignAddress/AddressLine1TxtProvince Or StateForeignAddress/ProvinceOrStateNmCountryForeignAddress/CountryCdLegal Domicile Foreign CountryLegalDomicileForeignCountryCdShare Of Total IncomeShareOfTotalIncomeAmt
Skilled Learning Inc
PO Box 12302DenverCO80212843269824Hold investment in Learning Point Ltd. (program related)DEEducateC$1,355,6381.00000Yes (1)
Learning Point Limited
Develop young leaders and entrepreneurs in AfricaEducateC$5,0941.00000Yes (1)PO BOX 14938NairobiKEKE$449
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1Skilled Learning IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeDTransactionTypeTxt
Involved$1,355,538InvolvedAmt
Method Of Amount DeterminationCash valueMethodOfAmountDeterminationTxt

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