EDVESTORS INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
EDVESTORS INC (EIN 76-0794873)
Tax period
2019-07-01 to 2020-06-30
Filed
2020-11-10
IRS object ID
202003159349300015
Schema version
2019v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2020-11-10T12:11:55-06:00ReturnTs
Tax Period End2020-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN042571780PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1AAFCPAS INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line150 WASHINGTON STREETAddressLine1Txt
CityWESTBOROUGHCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01581ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN760794873EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1EDVESTORS INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlEDVEBusinessNameControlTxt
Phone6175855740PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1140 CLARENDON STREET NO 401AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02116ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARINELL ROUSMANIEREPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone6175855740PhoneNum
Signature2020-11-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKATIE BELANGER CPAPreparerPersonNm
PTINP01585213PTIN
Phone5083669100PhoneNum
Preparation2020-11-10PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address40.70.31.102IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-11-10IPDt
IP Tm12:31:53IPTm
IP TimezoneESIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id67FD54DCEB6CBC14265FA3262D2D1D14C69EA041AtSubmissionCreationDeviceId
At Submission Filing Device Id2DDD31951ED2AB8CB25029F66ABAED5153B45454AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMARINELL ROUSMANIEREPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1140 CLARENDON STREET NO 401AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02116ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,030,282GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.EDVESTORS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2005FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionEDVESTORS IS A DYNAMIC SCHOOL CHANGE ORGANIZATION FOCUSED ON ACCELERATING SUBSTANTIVE IMPROVEMENT IN BOSTON SCHOOLS.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee22TotalEmployeeCnt
Total Volunteers118TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$3,870,766PYContributionsGrantsAmt
CY Contributions Grants$2,020,856CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$3,946PYInvestmentIncomeAmt
CY Investment Income$9,426CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$3,874,712PYTotalRevenueAmt
CY Total Revenue$2,030,282CYTotalRevenueAmt
PY Grants And Similar Paid$681,302PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$723,428CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,679,615PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,708,214CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$521,982CYTotalFundraisingExpenseAmt
PY Other Expenses$965,109PYOtherExpensesAmt
CY Other Expenses$1,077,672CYOtherExpensesAmt
PY Total Expenses$3,326,026PYTotalExpensesAmt
CY Total Expenses$3,509,314CYTotalExpensesAmt
PY Revenues Less Expenses$548,686PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$1,479,032CYRevenuesLessExpensesAmt
Total Assets BOY$4,363,476TotalAssetsBOYAmt
Total Assets EOY$3,399,411TotalAssetsEOYAmt
Total Liabilities BOY$453,559TotalLiabilitiesBOYAmt
Total Liabilities EOY$968,526TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,909,917NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,430,885NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionEDVESTORS WAS FOUNDED IN 2002 AS A PLATFORM TO CONNECT BOSTON PHILANTHROPISTS WITH THE CITY'S PUBLIC SCHOOLS BY IDENTIFYING, SHAPING, AND MATCHING DONORS WITH PROMISING SCHOOL IMPROVEMENT EFFORTS. (SEE SCHEDULE O)MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,049,570ExpenseAmt
Grant$369,823GrantAmt
DescBOSTON PUBLIC SCHOOLS ARTS EXPANSION - A MULTI-YEAR COLLABORATIVE EFFORT TO EXPAND EQUITABLE ACCESS TO QUALITY ARTS LEARNING EXPERIENCES FOR ALL STUDENTS IN BOSTON PUBLIC SCHOOLS (BPS). (CONTINUED ON SCHEDULE O) THIS PUBLIC-PRIVATE PARTNERSHIP INVOLVES A LARGE AND COORDINATED NETWORK OF PARTNERS, INCLUDING SCHOOLS, ARTS INSTITUTIONS, TEACHING ARTISTS, AND FUNDERS, AMONG OTHERS. AS A RESULT OF THIS PUBLIC-PRIVATE PARTNERSHIP, 17,000 MORE STUDENTS ANNUALLY RECEIVE ARTS EDUCATION AS COMPARED WITH A DECADE AGO AND OUR PRIVATE INVESTMENT HAS LEVERAGED A 5:1 RETURN OF INCREASED BPS DISTRICT BUDGET INVESTMENT FOR ARTS EDUCATION. EDVESTORS IS THE LEAD IMPLEMENTATION PARTNER FOR BPS ARTS EXPANSION. IN 2019, EDVESTORS PARTNERED WITH BLOOMBERG PHILANTHROPIES TO BRING THE BLOOMBERG ARTS INTERNSHIP TO BOSTON, PROVIDING HIGH SCHOOL STUDENTS WITH SUMMER INTERNSHIPS AT THE CITY'S FOREMOST CULTURAL INSTITUTIONS AND ORGANIZATIONS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$624,731ExpenseAmt
Grant$44,000GrantAmt
DescZEROING IN ON MATH - SETS OUT TO ENSURE MORE MIDDLE GRADES MATH STUDENTS IN BOSTON HAVE ACCESS TO QUALITY MATH INSTRUCTION THAT PREPARES FOR RIGOROUS HIGH SCHOOL ACADEMICS AND SUCCESS IN COLLEGE, CAREER, AND LIFE. (CONTINUED ON SCHEDULE O)THROUGH ZEROING IN ON MATH, EDVESTORS WORKS WITH 17 BOSTON SCHOOLS AND 160 TEACHERS TO ADDRESS THIS CRISIS; BOOSTING MATH SKILLS FOR 3,700 STUDENTS AND PREPARING THEM TO TAKE ALGEBRA AND OTHER ADVANCED MATH COURSES THAT PAVE THE WAY TO COLLEGE AND CAREER SUCCESS. ZEROING IN ON MATH IS SEEING PROMISING RESULTS; THE PROFICIENCY OF PARTICIPATING STUDENTS HAS MOVED AHEAD BY THREE TO FIVE MONTHS BEYOND THE YEAR OF EXPECTED PROGRESS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$439,027ExpenseAmt
Grant$109,605GrantAmt
DescCAREER PATHWAYS - AIMS TO ENSURE ALL STUDENTS CAN ACCESS HIGH QUALITY CAREER LEARNING AND PATHWAYS EXPERIENCES IN BOSTON'S PUBLIC HIGH SCHOOLS THAT EQUIP STUDENTS WITH THE ACADEMIC, TECHNICAL, AND SOCIAL FLUENCY TO THRIVE IN HIGH SCHOOL AND BEYOND. THROUGH THE CAREER PATHWAYS INITIATIVE, EDVESTORS HELPS HIGH SCHOOLS AND THE DISTRICT TO PLAN AND PROVIDE QUALITY CAREER EDUCATION EXPERIENCES FOR MORE BOSTON STUDENTS, ENABLING THEM TO DEVELOP THE SKILLS NEEDED TO IDENTIFY, NAVIGATE TOWARDS, AND REALIZE THEIR COLLEGE AND CAREER READINESS GOALS.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$583,465ExpenseAmt
Grant$200,000GrantAmt
DescOTHER PROGRAM SERVICES INCLUDES THE SCHOOL ON THE MOVE PRIZE, SCHOOL SOLUTIONS SEED FUND, AND OTHER PROGRAMMATIC EXPENSES. THE SCHOOL ON THE MOVE PRIZE IS BOSTON'S PREMIER AWARD FOR BOSTON PUBLIC SCHOOLS. THE ANNUAL PRIZE INCLUDES A MONETARY AWARD TO ONE OF BPS' MOST RAPIDLY IMPROVING SCHOOLS, WITH SMALLER GRANTS TO THE TWO FINALISTS. THE PRIZE ALSO COMES WITH PUBLIC RECOGNITION AND THE OPPORTUNITY FOR THE WINNING SCHOOL TO DOCUMENT AND SHARE THEIR SUCCESSFUL IMPROVEMENT STRATEGIES TO INFORM THE WORK OF EDUCATORS. THROUGH THE SCHOOL SOLUTIONS SEED FUND, EDVESTORS MAKES SMALL INVESTMENTS IN UP TO 10 PROJECTS EACH WINTER TO PROVIDE SCHOOLS WITH THE OPPORTUNITY TO MOVE QUICKLY TO TEST, PLAN, OR PILOT A SOLUTION TO ONGOING CHALLENGES IMPACTING STUDENT LEARNING. INVESTING IN ON-THE-GROUND SOLUTIONS, IN PARTNERSHIP WITH OUR FUNDERS, IS AN ESSENTIAL PART OF EDVESTORS' APPROACH TO STRATEGIC PHILANTHROPY.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$583,465TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$200,000TotalOtherProgSrvcGrantAmt
Total Program Service Expenses$2,696,793TotalProgramServiceExpensesAmt
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 EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
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 Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document59IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee22EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
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 Members11GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
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 FldMAStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MARINELL ROUSMANIEREBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6175855740PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1140 CLARENDON STREET NO 401AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02116ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtHighest Compensated EmployeeHighestCompensatedEmployeeIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
ANURADHA DESAI
SENIOR VP, EXTERNAL RELATIONS40.00Yes (X)$181,621$0$21,595
MARINELL ROUSMANIERE
PRESIDENT & CEO40.00$166,957$0$27,047Yes (X)
JANET ANDERSON
EXECUTIVE VICE PRESIDENT34.00$103,991$0$26,199Yes (X)
AMY LUSTER
VICE PRESIDENT, FINANCE & OPERATIONS32.00$98,172$0$2,754Yes (X)
KATHERINE GROSS
BOARD CHAIR1.00$0$0$0Yes (X)Yes (X)
FAITH PARKER
VICE CHAIR1.00$0$0$0Yes (X)Yes (X)
KATHERINE S MCHUGH
CLERK1.00$0$0$0Yes (X)Yes (X)
DAVID SIMON
TREASURER1.00$0$0$0Yes (X)Yes (X)
WENDELL KNOX
BOARD MEMBER1.00$0$0$0Yes (X)
WILLIAM SCHAWBEL
BOARD MEMBER1.00$0$0$0Yes (X)
IAN DEASON
BOARD MEMBER (UNTIL 1/2020)1.00$0$0$0Yes (X)
PAM EDDINGER
BOARD MEMBER (UNTIL 12/2019)1.00$0$0$0Yes (X)
RUTH ELLEN FITCH
BOARD MEMBER1.00$0$0$0Yes (X)
LORENA LOPERA
BOARD MEMBER1.00$0$0$0Yes (X)
MYRAN PARKER-BRASS
BOARD MEMBER1.00$0$0$0Yes (X)
MATTHEW LESNIAK
BOARD MEMBER1.00$0$0$0Yes (X)
JENNIFER LARSON-JOYCE
BOARD MEMBER1.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$550,741TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$77,595TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$2,020,856AllOtherContributionsAmt
Noncash Contributions$18,000NoncashContributionsAmt
Total Contributions$2,020,856TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$9,426TotalRevenueColumnAmt
Exclusion$9,426ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,030,282TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$9,426ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$723,428TotalAmt
Program Services$723,428ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$304,636TotalAmt
Program Services$90,819ProgramServicesAmt
Management And General$153,271ManagementAndGeneralAmt
Fundraising$60,546FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,132,794TotalAmt
Program Services$751,660ProgramServicesAmt
Management And General$52,769ManagementAndGeneralAmt
Fundraising$328,365FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$24,806TotalAmt
Program Services$16,746ProgramServicesAmt
Management And General$1,941ManagementAndGeneralAmt
Fundraising$6,119FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$141,038TotalAmt
Program Services$86,638ProgramServicesAmt
Management And General$23,599ManagementAndGeneralAmt
Fundraising$30,801FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$104,940TotalAmt
Program Services$58,997ProgramServicesAmt
Management And General$21,238ManagementAndGeneralAmt
Fundraising$24,705FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$89,085TotalAmt
Program Services$81,684ProgramServicesAmt
Management And General$2,259ManagementAndGeneralAmt
Fundraising$5,142FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$423,551TotalAmt
Program Services$388,363ProgramServicesAmt
Management And General$10,738ManagementAndGeneralAmt
Fundraising$24,450FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$11,873TotalAmt
Program Services$9,485ProgramServicesAmt
Management And General$893ManagementAndGeneralAmt
Fundraising$1,495FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$12,756TotalAmt
Program Services$10,662ProgramServicesAmt
Management And General$762ManagementAndGeneralAmt
Fundraising$1,332FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$137,812TotalAmt
Program Services$105,655ProgramServicesAmt
Management And General$11,707ManagementAndGeneralAmt
Fundraising$20,450FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$24,613TotalAmt
Program Services$20,456ProgramServicesAmt
Management And General$375ManagementAndGeneralAmt
Fundraising$3,782FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$58,803TotalAmt
Program Services$48,402ProgramServicesAmt
Management And General$7,474ManagementAndGeneralAmt
Fundraising$2,927FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$18,327TotalAmt
Program Services$14,050ProgramServicesAmt
Management And General$1,557ManagementAndGeneralAmt
Fundraising$2,720FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtFundraisingFundraisingAmtManagement And GeneralManagementAndGeneralAmt
PROGRAM SERVICES$272,350$272,330$20
COMMUNICATION$10,771$7,360$2,719$692
ADMINISTRATIVE$10,339$7,980$1,579$780
MEMBERSHIPS & SUBSCRIPT$7,392$2,078$4,830$484

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,509,314TotalAmt
Program Services$2,696,793ProgramServicesAmt
Management And General$290,539ManagementAndGeneralAmt
Fundraising$521,982FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$859,254BOYAmt
EOY$995,653EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,051,205BOYAmt
EOY$1,691,295EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,192,000BOYAmt
EOY$608,038EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$38,372BOYAmt
EOY$32,621EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$152,604LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$80,800LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$85,791BOYAmt
EOY$71,804EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$136,854BOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,363,476BOYAmt
EOY$3,399,411EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$247,047BOYAmt
EOY$219,397EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$191,200BOYAmt
EOY$453,529EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
EOY$295,600EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$15,312BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$453,559BOYAmt
EOY$968,526EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,054,279BOYAmt
EOY$1,110,332EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,855,638BOYAmt
EOY$1,320,553EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,909,917BOYAmt
EOY$2,430,885EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,363,476BOYAmt
EOY$3,399,411EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$1,479,032ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
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)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,820,812CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,656,423CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,445,792CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,870,766CurrentTaxYearMinus1YearAmt
Current Tax Year$2,020,856CurrentTaxYearAmt
Total$13,814,649TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,820,812CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,656,423CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,445,792CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,870,766CurrentTaxYearMinus1YearAmt
Current Tax Year$2,020,856CurrentTaxYearAmt
Total$13,814,649TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$520,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$550,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,275,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,095,000CurrentTaxYearMinus1YearAmt
Current Tax Year$1,235,037CurrentTaxYearAmt
Total$4,675,037TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$520,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$550,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,275,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,095,000CurrentTaxYearMinus1YearAmt
Current Tax Year$1,235,037CurrentTaxYearAmt
Total$4,675,037TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$9,139,612PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,231CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,345CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,759CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,946CurrentTaxYearMinus1YearAmt
Current Tax Year$9,426CurrentTaxYearAmt
Total$17,707TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,231CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,345CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,759CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,946CurrentTaxYearMinus1YearAmt
Current Tax Year$9,426CurrentTaxYearAmt
Total$17,707TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,822,043CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,657,768CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,447,551CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,874,712CurrentTaxYearMinus1YearAmt
Current Tax Year$2,030,282CurrentTaxYearAmt
Total$13,832,356TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.66070PublicSupportCY509Pct
Public Support PY5090.70990PublicSupportPY509Pct
Investment Income CY0.00130InvestmentIncomeCYPct
Investment Income PY0.00080InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

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

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$69,382OtherCostOrOtherBasisAmt
Depreciation$39,419DepreciationAmt
Book Value$29,963BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$76,494OtherCostOrOtherBasisAmt
Depreciation$34,653DepreciationAmt
Book Value$41,841BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,728OtherCostOrOtherBasisAmt
Depreciation$6,728DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$71,804TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,030,282TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$2,030,282RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,030,282TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,509,314TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$3,509,314ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$3,509,314TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationEDVESTORS ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. EDVESTORS HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2020 AND 2019. EDVESTORS' INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Recipient Table RecipientTable (32 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxtNon Cash AssistanceNonCashAssistanceAmtNon Cash AssistanceNonCashAssistanceDesc
BOSTON EDUCATIONAL DEVELOPMENT FUND
7 PALMER STREETBOSTONMA02119222514422$10,000CAREER PATHWAYS FOCAL GRANT TO JEREMIAH E. BURKE HIGH SCHOOL
BOSTON EDUCATIONAL DEVELOPMENT FUND
7 PALMER STREETBOSTONMA02119222514422$10,000CAREER PATHWAYS FOCAL GRANT TO TECHBOSTON ACADEMY
BOSTON EDUCATIONAL DEVELOPMENT FUND
7 PALMER STREETBOSTONMA02119222514422$10,000CAREER PATHWAYS PLANNING GRANT TO EAST BOSTON HIGH SCHOOL
BOSTON EDUCATIONAL DEVELOPMENT FUND
7 PALMER STREETBOSTONMA02119222514422$9,950CAREER PATHWAY IDEAL GRANT TO EAST BOSTON HIGH SCHOOL
BOSTON EDUCATIONAL DEVELOPMENT FUND- MCKINLEY STUDENT ACTIVITY ACCOUNT
7 PALMER STREETBOSTONMA02119222514422$10,000CAREER PATHWAYS FOCAL GRANT TO MCKINLEY PREP HIGH SCHOOL
BOSTON GREEN ACADEMY FOUNDATION
20 WARREN STREETBRIGHTONMA02135464779019$6,205CAREER PATHWAY FOCAL GRANT TO BOSTON GREEN ACADEMY
MARGARITA MUNIZ ACADEMY FOUNDATION
20 CHILD STREETJAMAICA PLAINMA02130800827704$10,000CAREER PATHWAY FOCAL GRANT TO MARGARITA MUNIZ ACADEMY
THE PREPARATORY FOUNDATION INC
885 RIVER STREETBOSTONMA02136113690799$6,500CAREER PATHWAY FOCAL GRANT TO YOUNG MAN WITH A PLAN
BRIGHTER BOSTON
115 ELIOT STREETCHESTNUT HILLMA02467464849043$7,450CAREER PATHWAY IDEAL GRANT TO BRIGHTER BOSTON
FENWAY HIGH SCHOOL FUND
67 ALLEGHANY STREETBOSTONMA02120046719813$9,500CAREER PATHWAY IDEAL GRANT TO FENWAY HIGH SCHOOL
CITY AS A LAB LLC
22 ORCHARD STREETBOSTONMA02130001443035$10,000CAREER PATHWAY IDEAL GRANT TO CITY AS A LAB LLC
BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION
7 PALMER STREETBOSTONMA02119222514422$10,000BPS OFFICE OF STUDENT, FAMILY, AND COMMUNITY ADVANCEMENT- YOUTH EMPOWERED LEARNING, SEED FUND LEARNING GRANT 2020
BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION
7 PALMER STREETBOSTONMA02119222514422$10,000CHARLES SUMNER ELEMENTARY SCHOOL- READING WITH RELEVANCY, SEED FUND LEARNING GRANT 2020
BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION
7 PALMER STREETBOSTONMA02119222514422$10,000KEYSTEPS & CHARLESTOWN HIGH SCHOOL- ADDRESSING HOMELESSNESS THROUGH PROJECT-BASED LEARNING, SEED FUND LEARNING GRANT 2020
BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION
7 PALMER STREETBOSTONMA02119222514422$10,000PATRICK J. KENNEDY ELEMENTARY SCHOOL- INCLUSIVE, CO-TEACHING MODEL FOR ENGLISH LANGUAGE LEARNERS, SEED FUND LEARNING GRANT 2020
BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION
7 PALMER STREETBOSTONMA02119222514422$10,000DR. MARTIN LUTHER KING JR. K-8 SCHOOL- INCLUSIVE EARLY CHILDHOOD, SEED FUND LEARNING GRANT
FRIENDS OF ST STEPHEN'S YOUTH PROGRAMS
419 SHAWMUT AVENUEBOSTONMA02118261749602$10,000ST. STEPHEN'S YOUTH PROGRAMS- PARENT MENTOR PROGRAM, SEED FUND LEARNING GRANT 2020
CODMAN ACADEMY CHARTER PUBLIC SCHOOL
637 WASHINGTON STREETDORCHESTERMA02124043559945$10,000CODMAN ACADEMY CHARTER SCHOOL, ST. JOHN PAUL II CATHOLIC ACADEMY, AND DR. MARTIN LUTHER KING JR. K-8 SCHOOL: CLSP & ACADEMIC RIGOR CROSS-SCHOOL PROFESSIONAL DEVELOPMENT, SEED FUND LEARNING GRANT 2020
FRIENDS OF THE WILLIAM E CARTER SCHOOL
396 NORTHAMPTON STREETBOSTONMA02118141921428$10,000WILLIAM E. CARTER SCHOOL- PARENT & STAFF LEARNING WITH AUGMENTATIVE COMMUNICATION SYSTEMS, SEED FUND LEARNING GRANT 2020
FRIENDS OF BIG PICTURE LEARNING
325 PUBLIC STREETPROVIDENCERI02905824137739$10,000GREATER EGLESTON HIGH SCHOOL, EDCO, & BOSTON DAY AND EVENING ACADEMY- PIG PICTURE LEARNING, SEED FUND LEARNING GRANT 2020
CENTER FOR COLLABORATIVE EDUCATION
33 HARRISON AVENUEBOSTONMA02111043241676$10,000DIGITAL READY & EXCEL HIGH SCHOOL- DIGITAL BADGES, SEED FUND LEARNING GRANT 2020
THE FRIENDS OF THE BRADLEY SCHOOL INC
110 BEACHVIEW ROADEAST BOSTONMA02128815423491$10,000SOM FINALIST 2019: MANASSAH E. BRADLEY ELEMENTARY SCHOOL
BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION
7 PALMER STREETBOSTONMA02119222514422$10,000SOM FINALIST 2019: THOMAS J. KENNY ELEMENTARY SCHOOL
BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION
7 PALMER STREETBOSTONMA02119222514422$80,000SOM WINNER 2018: DONALD MCKAY K-8 SCHOOL
BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION
7 PALMER STREETBOSTONMA02119222514422$80,000SOM WINNER 2019: HARVARD KENT ELEMENTARY SCHOOL
BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION
7 PALMER STREETBOSTONMA02119222514422$8,180DR. WILLIAM W. HENDERSON INCLUSION SCHOOL - ZIOM TECHNOLOGY INTERVENTION GRANT - MOBYMAX$2,000MATH INTERVENTION TECHNOLOGY
BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION
7 PALMER STREETBOSTONMA02119222514422FRANKLIN D. ROOSEVELT K-8 SCHOOL- ZIOM TECHNOLOGY INTERVENTION GRANT- IREADY$7,211MATH INTERVENTION TECHNOLOGY
BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION
7 PALMER STREETBOSTONMA02119222514422JOSEPH LEE K-8 SCHOOL- ZIOM TECHNOLOGY INTERVENTION GRANT - IREADY$12,130MATH INTERVENTION TECHNOLOGY
BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION
7 PALMER STREETBOSTONMA02119222514422DONALD MCKAY K-8 SCHOOL- ZIOM TECHNOLOGY INTERVENTION GRANT - ST MATH$5,318MATH INTERVENTION TECHNOLOGY
BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION
7 PALMER STREETBOSTONMA02119222514422MILDRED AVENUE MIDDLE SCHOOL- ZIOM TECHNOLOGY INTERVENTION GRANT - MOBY MAX$6,495MATH INTERVENTION TECHNOLOGY
BRIDGE BOSTON FOUNDATION INC
435 WARREN STREETROXBURYMA02119275256986BRIDGE BOSTON CHARTER SCHOOL- ZIOM TECHNOLOGY INTERVENTION GRANT- ST MATH$6,116MATH INTERVENTION TECHNOLOGY
FRIENDS OF THE PERRY
745 E SEVENTH STREETSOUTH BOSTONMA02127823025265OLIVER HAZARD PERRY ELEMENTARY SCHOOL- ZIOM TECHNOLOGY INTERVENTION GRANT- ST MATH AND REFLEX$6,045MATH INTERVENTION TECHNOLOGY
FieldValueIRS element (for citing)
Total501c3 Org15Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceFORM 990, PART IX, LINE 1:FormAndLineReferenceDesc
ExplanationEDVESTORS MONITORS THE USE OF GRANTS IN DIFFERENT WAYS FOR EACH PROGRAM AREA. FOR SEED FUND LEARNING GRANTS, RECIPIENTS SUBMIT A PROJECT-END REPORT IN MAY. FOR ONE-YEAR GRANTS THROUGH THE BPS ARTS EXPANSION, A PRELIMINARY REPORT IS DUE IN NOVEMBER AND A FINAL REPORT DUE IN JUNE. FOR TWO-YEAR GRANTS THROUGH THE BPS ARTS EXPANSION, A PRELIMINARY REPORT IS DUE IN JUNE AND A FINAL REPORT DUE THE FOLLOWING JUNE. FOR ANY ARTS GRANT, MONITORING MAY ALSO INCLUDE SITE VISITS BY DONORS AND EDVESTORS STAFF MEMBER. ONE-YEAR ZEROING-IN-ON-MATH AND CAREER TECHNOLOGY & EDUCATION GRANT RECIPIENTS RECEIVE ONGOING SUPPORT AND SUBMIT A YEAR-END REPORT IN JUNE.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
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 (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ANURADHA DESAI
SENIOR VP, EXTERNAL RELATIONS$181,621$0$0$0$0$0$4,733$0$16,862$0$203,216$0$0$0
MARINELL ROUSMANIERE
PRESIDENT & CEO$166,957$0$0$0$0$0$3,205$0$23,842$0$194,004$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3FormAndLineReferenceDesc
ExplanationTHE PROCESS FOR DETERMINING COMPENSATION FOR TOP ORGANIZATION POSITIONS, INCLUDING CEO AND OTHER KEY EMPLOYEES IS AS FOLLOWS: (A) ANNUAL PERFORMANCE AND SALARY/COMPENSATION REVIEW BY CEO FOR TOP MANAGEMENT AND KEY EMPLOYEES AND BY THE GOVERNING BOARD EXECUTIVE COMMITTEE FOR CEO WITH FINAL APPROVAL BY FULL GOVERNING BOARD, AT RECOMMENDATION OF EXECUTIVE COMMITTEE, AS PART OF THE ORGANIZATION'S ANNUAL BUDGET APPROVAL PROCESS. (B) COMPARABILITY DATA IS GATHERED TO INFORM RECOMMENDED SALARY LEVELS FOR ALL NEWLY CREATED MANAGEMENT AND KEY EMPLOYEE POSITIONS. (C) EDVESTORS MANAGEMENT WILL INSTITUTE A SALARY COMPENSATION REVIEW EVERY 2 3 YEARS (OR FIND COMPARABLE EXISTING REPORT FROM EXTERNAL SOURCE) FOR CURRENT KEY EMPLOYEE POSITIONS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:EDVESTORS' MISSION IS TO INCREASE THE NUMBER OF PUBLIC SCHOOLS IN BOSTON DELIVERING DRAMATICALLY IMPROVED EDUCATIONAL OUTCOMES FOR ALL STUDENTS. THE ORGANIZATION USES MULTIPLE STRATEGIES TO CLOSE OPPORTUNITY AND ACHIEVEMENT GAPS AND DRIVE POSITIVE CHANGE FOR BOSTON STUDENTS. SINCE 2002, THE ORGANIZATION HAS RAISED AND DIRECTED $35 MILLION IN FUNDS TOWARD SCHOOL IMPROVEMENT. EDVESTORS USES STRATEGIC PHILANTHROPY AND COMBINES IT WITH EDUCATIONAL EXPERTISE AND IMPLEMENTATION SUPPORTS TO HELP SCHOOLS IMPROVE. THE ORGANIZATION IS A VALUED RESOURCE FOR DONORS SUPPORTIVE OF SCHOOL IMPROVEMENT AND A TRUSTED RESOURCE FOR EDUCATORS COMMITTED TO SYSTEMIC CHANGE. EDVESTORS WORKS IN THREE WAYS TO: - SEEDS PROMISING IDEAS. THE SCHOOL SOLUTIONS SEED FUND MAKES DIRECT GRANTS TO SCHOOLS SO THEY CAN PILOT AND TEST INNOVATIVE SOLUTIONS. - SHINES A SPOTLIGHT ON IMPROVING SCHOOLS THROUGH THE ANNUAL $100,000 SCHOOL ON THE MOVE PRIZE, WHICH REWARDS SCHOOLS THAT HAVE MADE MAJOR STRIDES IN IMPROVING ACADEMIC PERFORMANCE AND DOCUMENTS THEIR EFFECTIVE PRACTICES. - SCALES EFFORTS TO CLOSE OPPORTUNITY AND ACHIEVEMENT GAPS THROUGH OUR THREE CURRENT STRATEGIC INITIATIVES IN ARTS EDUCATION, MIDDLE GRADES MATH, AND CAREER PATHWAYS.
FORM 990, PART VI, SECTION B, LINE 11BTHE EXECUTIVE COMMITTEE WILL HAVE THE OPPORTUNITY TO REVIEW THE FORM 990. THE FORM 990 WILL THEN BE SHARED WITH ALL MEMBERS OF THE GOVERNING BOARD PRIOR TO SUBMISSION.
FORM 990, PART VI, SECTION B, LINE 12CGOVERNING BOARD OFFICERS AND MEMBERS ARE REQUIRED TO DISCLOSE ANNUALLY ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. A CONFLICT OF INTEREST FORM WILL BE UPDATED BY EACH BOARD MEMBER AND SUBMITTED TO EDVESTORS MANAGEMENT, IN ADVANCE OF THE ANNUAL MEETING EACH SEPTEMBER AND THROUGHOUT THE YEAR AS NEW MEMBERS JOIN THE GOVERNING BOARD. MEMBERS ARE REQUIRED TO INFORM THE BOARD CHAIR OF ANY POTENTIAL CONFLICTS AND NEED TO RECUSE THEMSELVES FROM VOTING ON ANY ACTION ITEMS FOR WHICH THEY HAVE A POTENTIAL CONFLICT.
FORM 990, PART VI, SECTION B, LINE 15THE PROCESS FOR DETERMINING COMPENSATION FOR TOP ORGANIZATION POSITIONS, INCLUDING CEO AND OTHER KEY EMPLOYEES IS AS FOLLOWS: (A) ANNUAL PERFORMANCE AND SALARY/COMPENSATION REVIEW BY CEO FOR TOP MANAGEMENT AND KEY EMPLOYEES AND BY THE GOVERNING BOARD EXECUTIVE COMMITTEE FOR CEO WITH FINAL APPROVAL BY FULL GOVERNING BOARD, AT RECOMMENDATION OF EXECUTIVE COMMITTEE, AS PART OF THE ORGANIZATION'S ANNUAL BUDGET APPROVAL PROCESS. (B) COMPARABILITY DATA IS GATHERED TO INFORM RECOMMENDED SALARY LEVELS FOR ALL NEWLY CREATED MANAGEMENT AND KEY EMPLOYEE POSITIONS. (C) EDVESTORS MANAGEMENT WILL INSTITUTE A SALARY COMPENSATION REVIEW EVERY 2-3 YEARS (OR FIND COMPARABLE EXISTING REPORT FROM EXTERNAL SOURCE) FOR CURRENT KEY EMPLOYEE POSITIONS.
FORM 990, PART VI, SECTION C, LINE 19EDVESTORS MAKES THESE DOCUMENTS AVAILABLE UPON REQUEST. IN ADDITION, ANNUAL FINANCIAL STATEMENTS ARE FILED WITH THE MASSACHUSETTS DIVISION OF CHARITIES AND ARE AVAILABLE FOR PUBLIC VIEWING.
FORM 990, PART IX, LINE 11GOTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 388,363. MANAGEMENT AND GENERAL EXPENSES 10,738. FUNDRAISING EXPENSES 24,450. TOTAL EXPENSES 423,551.
FORM 990, PART XII, LINE 2C:THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT, REVIEW OR COMPILATION OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. NO CHANGES HAVE BEEN MADE TO THIS PROCESS FROM THE PRIOR YEARS.
FORM 990, PART 1, LINE 19:BALANCE OF ORGANIZATION EXPENSES ARE COVERED BY MULTI-YEAR PLEDGES RECEIVED IN PRIOR FISCAL YEARS.

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