2023-10-13T14:46:11-05:00 2022-12-31 582676261 Rogers & Company PLLC 8300 Boone Boulevard Suite 600 Vienna VA 22182 990 2022-01-01 841648607 Educate EDUC 3032174727 PO Box 12302 Denver CO 80212 Boris Bulayev CEO & Co-Founder 3032174727 2023-10-13 1 Boris Bulayev XXX-XX-XXXX 1 Hemali Kane EA P01337292 7038930300 2023-10-12 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Boris Bulayev PO Box 12302 Denver CO 80212 17513135 0 X https://www.experienceeducate.org/ X 2005 CO Educate!'s mission is to develop young leaders and entrepreneurs in Africa. See Part III 6 6 18 202 0 0 6035008 17319820 0 0 29255 178505 8126 14810 6072389 17513135 112685 114752 0 0 3778939 4475189 0 0 532569 1498463 2573426 5390087 7163367 682302 10349768 12591345 22620487 593175 292589 11998170 22327898 X 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, 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. 0 0 6125497 114752 Educate! 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. 6125497 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 29 0 1 18 1 0 1 KE UG RW 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CO X The Organization 3032174727 PO Box 12302 Denver CO 80212 Eric Glustrom Board Chair 2.00 X X 0 0 0 Amy Kates Treasurer 2.00 X X 0 0 0 Radhika Malpani Member 2.00 X 0 0 0 Dzingai Mtumubuka Member 2.00 X 0 0 0 Jeff Aludo Member 2.00 X 0 0 0 Nikita Miller Member 2.00 X 0 0 0 Boris Bulayev CEO & Co-Founder 50.00 X 172986 0 8298 Margaret Appleton Chief Operating Officer 50.00 X 145000 0 3629 Ivan Ssenfuma Chief Financial Officer 50.00 X 123788 0 0 Angelica Towne Chief Strategy and Innovation Officer 50.00 X 133954 0 3629 Alexander Kelly Global Director of Growth and Revenue 50.00 X 109315 0 6066 Elana Pollack Director of Talent 50.00 X 115360 0 9527 800403 0 31149 6 0 1 0 Cell-Ed Inc 855 El Camino Real Suite 13A-212 Palo Alto CA 943012305 Technology consulting 116884 1 247108 17072712 17319820 178505 178505 Other revenue 900099 14810 14810 14810 17513135 0 0 193315 X 114752 114752 453701 402474 9615 41612 3415223 3029612 72373 313238 12055 10694 255 1106 326491 288242 8431 29818 267719 237491 5673 24555 1545 1304 63 178 114669 114669 888097 760040 59770 68287 17796 14698 2172 926 61513 46895 12234 2384 292183 249293 27222 15668 82386 40888 39354 2144 678398 582606 69283 26509 137006 117660 13992 5354 4055 1050 3005 Program Supplies 107862 103838 3904 120 Cost of Goods Sold 106933 106933 Bad debt 61674 61674 Fees, permits, licenses 19309 17027 1612 670 7163367 6125497 505301 532569 1189612 2910653 8062761 8513166 3272845 1118034 21023 34613 45104 44021 0 10000000 12591345 22620487 346067 292589 247108 593175 292589 X 8841304 9027898 3156866 13300000 11998170 22327898 12591345 22620487 X 10349768 -20040 X X 0 1 X 1 0 X 5819681 9630377 6844234 6035008 17319820 45649120 5819681 9630377 6844234 6035008 17319820 45649120 17909533 27739587 1787 3489 33926 29255 178505 246962 45896082 141940 0.60440 0.76670 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 Long term cash and cash equivalents 10000000 10000000 X Part X, Line 2: Management has evaluated the Organization's tax positions and concluded that the Organization's consolidated financial statements do not include any uncertain tax positions. 1 Sub-Saharan Africa 3 178 Program services Educational programs 5236745 Sub-Saharan Africa 0 0 Grantmaking 114752 3 178 0 0 3 178 5351497 0 5351497 Mentor stipends Sub-Saharan Africa 202 84431 Mobile transfer n/a n/a Business development Sub-Saharan Africa 523 20725 Mobile transfer n/a n/a Awards Sub-Saharan Africa 57 2464 Mobile transfer n/a n/a Tuition and fees Sub-Saharan Africa 6 7080 Mobile transfer n/a n/a Scholarships Sub-Saharan Africa 1 53 Mobile Transfer n/a N/A 0 0 1 0 0 0 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: X X 0 0 0 0 0 0 0 0 0 Boris Bulayev CEO & Co-Founder 172986 0 0 0 0 0 5418 0 2880 0 181284 0 0 0 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 11b The CEO, CFO and Finance Committee review the 990 before filing. Form 990, Part VI, Section B, line 12c Every 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 15 The Board uses data of other comparable organizations to discuss and approve appropriate executive salaries. Form 990, Part VI, Section C, line 19 Governing documents are available upon request. Form 990, Part IX, line 11g Consultants, 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. Skilled Learning Inc PO Box 12302 Denver CO 80212 843269824 Hold investment in Learning Point Ltd. (program related) DE Educate C 1355638 1.00000 1 Learning Point Limited PO BOX 14938 Nairobi KE Develop young leaders and entrepreneurs in Africa KE Educate C 449 5094 1.00000 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Skilled Learning Inc D 1355538 Cash value