2025-08-28T07:31:31-05:00 2024-12-31 582676261 Rogers & Company PLLC 8300 Boone Boulevard Suite 600 Vienna VA 22182 990 2024-01-01 841648607 Educate EDUC 3032174727 1905 Sherman Street Suite 200 138 Denver CO 80203 Boris Bulayev CEO & Co-Founder 3032174727 2025-08-25 1 1 Yong Zhang CPA P01249785 7038930300 2025-08-12 2024 2025-03-06 01:10:19Z Boris Bulayev 1905 Sherman Street Suite 200 1383 Denver CO 80203 9808526 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 14 322 0 0 10231598 8954708 5000 2281 821610 848265 7904 2585 11066112 9807839 139770 162503 0 0 5287196 6845284 0 0 601628 3811292 4669679 9238258 11677466 1827854 -1869627 24476242 28744283 309474 6435150 24166768 22309133 X Educate! is a nonprofit organization incorporated in 2005 under the laws of the State of Colorado with operations in Uganda, Rwanda, Kenya, and Tanzania for the purpose of preparing youth in Africa with the skills to succeed in today's economy. Educate! creates a core learning experience that delivers essential skills youth need to transition to work, particularly in Africa's huge informal economy. This experience combines skills training, mentorship, and practical experience starting a business. Educate! delivers this experience by:1) introducing an employment-focused school subject in secondary education, and2) delivering livelihood boot camps for out-of-school youth, with a focus on marginalized rural girls and young women. 0 0 10737040 162503 2281 Educate! is a nonprofit organization incorporated in 2005 under the laws of the State of Colorado with operations in Uganda, Rwanda, Tanzania 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! delivers this experience by:1) introducing an employment-focused school subject in secondary education, and2) delivering livelihood boot camps for out-of-school youth, with a focus on marginalized rural girls and young women. 10737040 1 1 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 1 14 1 0 1 KE UG RW TZ 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 Simisola Olabisi 3032174727 1905 Sherman Street Ste 200 1383 Denver CO 80203 Eric Glustrom Chair 2.00 X X 0 0 0 Amy Kates Treasurer 2.00 X X 0 0 0 Jeff Aludo Member 2.00 X 0 0 0 Radhika Malpani Member 2.00 X 0 0 0 Nikita Miller Member 2.00 X 0 0 0 Dzingai Mutumbuka Member 2.00 X 0 0 0 Boris Bulayev CEO and Co-Founder 50.00 X 141187 0 6296 Ivan Ssenfuma Chief Financial Officer 50.00 X 146029 0 0 Meghan Mahoney Global Dir. of Research/Measurement/ 50.00 X 128610 0 9186 Kayode Kolade Deputy Chief Operating Officer 50.00 X 116745 0 0 Alexander Kelly Global Dir. of Growth/Revenue 50.00 X 133100 0 4352 665671 0 19834 5 0 0 0 0 8954708 8954708 Program Fees 900099 2281 2281 2281 848952 848952 687 -687 -687 -687 Other revenue 900099 2585 2585 2585 9807839 2281 0 850850 162503 162503 293512 261406 7388 24718 5563884 4905583 147824 510477 14576 12981 367 1228 560669 522114 12554 26001 412643 394942 3979 13722 28068 13679 14389 87189 87189 857246 831789 16252 9205 4517 4401 116 213816 204155 6163 3498 330797 317609 7943 5245 122740 120560 2180 2614085 2585219 25666 3200 149425 146894 434 2097 8091 5651 2440 14120 8051 6069 Program Supplies 222048 221991 0 57 Fees, permits, licenses 17537 17512 25 0 11677466 10737040 338798 601628 3633285 5320266 6415603 10799767 4206705 3617320 21979 5833 75632 135210 3070192 4703168 7052846 4162719 24476242 28744283 259216 527656 0 5762773 50258 144721 309474 6435150 X 9460235 9164421 14706533 13144712 24166768 22309133 24476242 28744283 X -1869627 11992 X X 0 1 X 1 0 X 6844234 6035008 17319820 10231598 8954708 49385368 6844234 6035008 17319820 10231598 8954708 49385368 22327700 27057668 33926 29255 178505 821610 848952 1912248 7904 2585 10489 51308105 42272 0.52740 0.56470 X Schedule A, Part II, Line 10, Explanation of Other Income: Other Income - 2023 Amount: $ 7,904. 2024 Amount: $ 2,585. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 Long term certificates of deposit 4703168 C 4703168 Long term cash and cash equivalents 4000000 Rights of use asset 162719 4162719 Lease Liability 144721 144721 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 4 468 Program services Education and learning programs 7761836 Sub-Saharan Africa 0 0 Grantmaking 162503 4 468 0 0 4 468 7924339 0 7924339 Awards Sub-Saharan Africa 365 16615 Mobile transfer n/a n/a Scholarships Sub-Saharan Africa 22 8409 Mobile transfer n/a n/a Stipends Sub-Saharan Africa 7935 130291 Mobile transfer n/a n/a Youth Incentives Sub-Saharan Africa 7319 7188 Mobile transfer n/a n/a 0 0 0 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. X X 0 0 0 0 0 0 0 0 0 Form 990, Parts I and V, Lines 5 and 2a: The reference to 14 employees is a reference to the U.S. paid employees only and does not include the additional 279 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 XI, line 9: FX Exchange Loss 11,992. 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 1322041 1.00000 1 Learning Point Limited PO BOX 14938 Nairobi KE Develop young leaders and entrepreneurs in Africa KE Educate C 2812 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 1321941 Cash value