EDVESTORS INC: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
EDVESTORS INC (EIN 76-0794873)
Tax period
2014-07-01 to 2015-06-30
Filed
2015-10-22
IRS object ID
201502959349300820
Schema version
2014v5.0
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)
Return2015-10-22T12:13:53-05:00ReturnTs
Tax Period End2015-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN042684828PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FEELEY & DRISCOLL PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1200 PORTLAND STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02114ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN760794873EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1EDVESTORSINCORPORATEDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlEDVEBusinessNameControlTxt
Phone6175855740PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1140 CLARENDON STREET SUITE 305AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02116ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLAURA PERILLEPersonNm
Person TitleCEO & PRESIDENTPersonTitleTxt
Phone6175855740PhoneNum
Signature2015-10-06SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJEFFREY T ROGERSPreparerPersonNm
PTINP01074284PTIN
Phone6177427788PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerLAURA PERILLEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1140 CLARENDON STREET SUITE 305AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02116ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,998,373GrossReceiptsAmt
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 URBAN SCHOOLS.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee17TotalEmployeeCnt
Total Volunteers71TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,250,258PYContributionsGrantsAmt
CY Contributions Grants$3,995,971CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$1,225PYInvestmentIncomeAmt
CY Investment Income$2,402CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,251,483PYTotalRevenueAmt
CY Total Revenue$3,998,373CYTotalRevenueAmt
PY Grants And Similar Paid$1,197,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,052,087CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,071,160PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,273,846CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$406,534CYTotalFundraisingExpenseAmt
PY Other Expenses$1,561,054PYOtherExpensesAmt
CY Other Expenses$1,336,807CYOtherExpensesAmt
PY Total Expenses$3,829,214PYTotalExpensesAmt
CY Total Expenses$3,662,740CYTotalExpensesAmt
PY Revenues Less Expenses-$1,577,731PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$335,633CYRevenuesLessExpensesAmt
Total Assets BOY$3,918,362TotalAssetsBOYAmt
Total Assets EOY$3,981,658TotalAssetsEOYAmt
Total Liabilities BOY$1,323,129TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,050,792TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,595,233NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,930,866NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionEDVESTORS' MISSION IS TO INCREASE THE NUMBER OF SCHOOLS IN BOSTON DELIVERING DRAMATICALLY IMPROVED EDUCATIONAL OUTCOMES FOR ALL STUDENTS. SINCE 2002, THE ENTREPRENEURIAL NON-PROFIT HAS RAISED AND DIRECTED MORE THAN $21 MILLION IN PRIVATE DONATIONS TO URBAN SCHOOLS FOR STRATEGIC IMPROVEMENT EFFORTS. EDVESTORS PROVIDES SEED FUNDING FOR A WIDE RANGE OF EMERGING SCHOOL IMPROVEMENT IDEAS THROUGH THE SCHOOL SOLUTIONS SEED FUND; WE DEVELOP DEMONSTRATION PROJECTS AND DISSEMINATE BEST PRACTICES THROUGH THE IMPROVING SCHOOLS INITIATIVE AND THE $100,000 SCHOOL ON THE MOVE PRIZE; AND WE DRIVE CITYWIDE, SYSTEMIC CHANGE AT SCALE AIMED AT INCREASING SCHOOL QUALITY THROUGH OUR TARGETED IMPACT INITIATIVES, INCLUDING BPS ARTS EXPANSION AND ZEROING IN ON MATH. IN ALL OF OUR WORK, EDVESTORS USES STRATEGIC PHILANTHROPY, EDUCATION EXPERTISE, AND TACTICAL SUPPORT FOR SCHOOLS AND PARTNERS TO FOSTER INNOVATION, DEVELOP SOLUTIONS, AND SPREAD KNOWLEDGE SO THAT MORE SCHOOLS CAN IMPROVE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,626,101ExpenseAmt
Grant$630,000GrantAmt
Revenue$1,183,366RevenueAmt
DescARTS EXPANSION INITIATIVE - A MULTI-YEAR COLLABORATIVE EFFORT TO EXPAND ARTS EDUCATION WITHIN BOSTON PUBLIC SCHOOLS BY PROVIDING EQUITABLE ACCESS TO QUALITY ARTS LEARNING EXPERIENCES FOR ALL STUDENTS. THIS PUBLIC-PRIVATE PARTNERSHIP INVOLVES A LARGE AND COORDINATED NETWORK OF PARTNERS, INCLUDING SCHOOLS, ARTS INSTITUTIONS, TEACHING ARTISTS, AND FUNDERS, AMONG OTHERS. EDVESTORS IS THE LEAD IMPLEMENTATION PARTNER. NOTE: BALANCE OF EXPENSES COVERED BY MULTI-YEAR GRANT RECEIVED IN PRIOR FISCAL YEAR.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$570,700ExpenseAmt
Revenue$293,334RevenueAmt
DescIMPROVING SCHOOLS INITIATIVE - A FOUR-YEAR DEMONSTRATION PROJECT, IN PARTNERSHIP WITH THREE UNDERPERFORMING ELEMENTARY SCHOOLS, IN WHICH EDVESTORS PROVIDES EXPERT STRATEGY AND IMPLEMENTATION SUPPORT, AS WELL AS FINANCIAL RESOURCES THAT DRIVE SCHOOL IMPROVEMENT PLANS FORWARD WITH DEPTH AND FIDELITY. NOTE: BALANCE OF EXPENSES COVERED BY GENERAL OPERATING REVENUE OF THE ORGANIZATION.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$370,073ExpenseAmt
Grant$235,000GrantAmt
Revenue$156,897RevenueAmt
DescSCHOOL SOLUTIONS SEED FUND & SCHOOL-BASED INVESTMENTS- THE SEED FUND IS A NEW AND NIMBLE INVESTMENT PIPELINE FOR EDUCATORS TO RECEIVE SUPPORT FOR PROBLEM-SOLVING, EXPERIMENTATION AND INNOVATION IN THEIR SCHOOLS. EACH YEAR, EDVESTORS MAKES INITIAL SEED FUND INVESTMENTS TO UP TO 10 PROMISING IDEAS, WITH A SMALLER NUMBER OF PROJECTS RECEIVING LARGER, LONGER-TERM EXPANSION GRANTS BASED ON EARLY SUCCESS AND THE POTENTIAL FOR IMPACT. AS WITH THE URBAN EDUCATION INVESTMENT PORTFOLIO, GRANTEES ARE FEATURED IN THE ANNUAL SHOWCASE, WHERE DONORS HAVE A UNIQUE OPPORTUNITY TO HEAR DIRECTLY FROM PROGRAM LEADERS ABOUT THEIR STRATEGIES AND SELECT INITIATIVES THEY WISH TO FUND.NOTE: BALANCE OF EXPENSES COVERED BY GENERAL OPERATING REVENUE OF THE ORGANIZATION.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$423,085ExpenseAmt
Grant$187,087GrantAmt
Revenue$136,000RevenueAmt
DescOTHER PROGRAM SERVICES INCLUDES SCHOOL ON THE MOVE PRIZE, ZEROING IN ON MATH AND OTHER PROGRAMMATIC EXPENSES. SCHOOL ON THE MOVE PRIZE - IS BOSTON'S PREMIER AWARD FOR BOSTON PUBLIC SCHOOLS. THE ANNUAL PRIZE INCLUDES A MONETARY AWARD TO A RAPIDLY IMPROVING SCHOOL, WITH SMALLER GRANTS TO THE TWO FINALISTS. THE PRIZE ALSO COMES WITH PUBLIC RECOGNITION OF EXISTING PUBLIC EDUCATION SUCCESS STORIES AND THE OPPORTUNITY FOR WINNING SCHOOLS TO DOCUMENT AND SHARE REPLICABLE STRATEGIES FOR IMPROVEMENT, WHICH EDVESTORS DISSEMINATES TO THE BROADER FIELD OF URBAN EDUCATION THROUGH ANNUAL RESEARCH AND REPORTS.ZEROING IN ON MATH, LAUNCHED IN 2014-15, REPRESENTS THE NEXT GENERATION OF EDVESTORS' SCHOOL IMPROVEMENT WORK AT SCALE. THE ULTIMATE GOAL OF THIS TARGETED IMPACT INITIATIVE IS TO INCREASE THE NUMBER OF BOSTON SCHOOLS THAT ARE ABLE TO EDUCATE AT LEAST 75% OF THEIR STUDENTS TO PROFICIENCY IN MATH BY EIGHTH GRADE. OTHER PROGRAM SERVICES ALSO INCLUDES OTHER PROGRAMMATIC EXPENSES IN SUPPORT OF ALL PROGRAMS.NOTE: BALANCE OF EXPENSES COVERED BY GENERAL OPERATING REVENUE OF THE ORGANIZATION.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$423,085TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$187,087TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$136,000TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$2,989,959TotalProgramServiceExpensesAmt
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
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
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 With Officer Ent0BusinessRlnWithOfficerEntInd
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 Document53IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee17EmployeeCnt
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
Form8899 Filedind0Form8899Filedind
Form1098 C Filed0Form1098CFiledInd
DAF Excess Business Holdings0DAFExcessBusinessHoldingsInd
Taxable Distributions0TaxableDistributionsInd
Distribution To Donor0DistributionToDonorInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
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 Line1LAURA PERILLEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6175855740PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1140 CLARENDON STREET SUITE 305AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02116ZIPCd

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
WENDELL KNOX
BOARD CHAIR1.00Yes (X)Yes (X)$0$0$0
DAVID SIMON
BOARD TREASURER1.00Yes (X)Yes (X)$0$0$0
KATHERINE S MCHUGH
BOARD VICE CHAIR & CLERK1.00Yes (X)Yes (X)$0$0$0
WILLIAM SCHAWBEL
BOARD MEMBER1.00Yes (X)$0$0$0
HARDIN COLEMAN
BOARD MEMBER1.00Yes (X)$0$0$0
IAN DEASON
BOARD MEMBER1.00Yes (X)$0$0$0
RUTH ELLEN FITCH
BOARD MEMBER1.00Yes (X)$0$0$0
KATHERINE GROSS
BOARD MEMBER1.00Yes (X)$0$0$0
LAURA PERILLE
CEO & PRESIDENT40.00Yes (X)$142,631$0$10,986
JANET ANDERSON
EXECUTIVE VICE PRESIDENT32.00Yes (X)$87,197$0$24,884
JOHANNA EVEN
IMPROVING SCHOOLS DIRECTOR40.00$108,967$0$15,486Yes (X)
ANURADHA DESAI
SENIOR VP - EXTERNAL RELATIONS40.00$156,523$0$26,717Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$495,318TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$78,073TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
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 Line1PROVERB LLCBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1543 ALBANY STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02118ZIPCd
FieldValueIRS element (for citing)
ServicesCOMMUNICATIONSServicesDesc
Compensation$106,461CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
All Other Contributions$3,995,971AllOtherContributionsAmt
Total Contributions$3,995,971TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,402TotalRevenueColumnAmt
Exclusion$2,402ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,998,373TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,402ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$1,052,087TotalAmt
Program Services$1,052,087ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$256,606TotalAmt
Program Services$135,601ProgramServicesAmt
Management And General$74,216ManagementAndGeneralAmt
Fundraising$46,789FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$824,393TotalAmt
Program Services$461,035ProgramServicesAmt
Management And General$105,589ManagementAndGeneralAmt
Fundraising$257,769FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$111,135TotalAmt
Program Services$64,987ProgramServicesAmt
Management And General$21,165ManagementAndGeneralAmt
Fundraising$24,983FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$81,712TotalAmt
Program Services$42,654ProgramServicesAmt
Management And General$18,737ManagementAndGeneralAmt
Fundraising$20,321FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$219,490TotalAmt
Program Services$172,922ProgramServicesAmt
Management And General$11,583ManagementAndGeneralAmt
Fundraising$34,985FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$7,957TotalAmt
Program Services$5,842ProgramServicesAmt
Management And General$507ManagementAndGeneralAmt
Fundraising$1,608FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$90,051TotalAmt
Program Services$73,369ProgramServicesAmt
Management And General$6,724ManagementAndGeneralAmt
Fundraising$9,958FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$2,393TotalAmt
Program Services$1,690ProgramServicesAmt
Management And General$446ManagementAndGeneralAmt
Fundraising$257FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$51,785TotalAmt
Program Services$43,404ProgramServicesAmt
Management And General$5,896ManagementAndGeneralAmt
Fundraising$2,485FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
PROGRAM SERVICES$908,944$908,944$0$0
PRINTING AND PUBLICATIO$15,711$10,995$598$4,118
COMMUNICATIONS$14,149$11,150$731$2,268
ADMINISTRATIVE$12,119$0$12,119$0

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$14,208TotalAmt
Program Services$5,279ProgramServicesAmt
Management And General$7,936ManagementAndGeneralAmt
Fundraising$993FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,662,740TotalAmt
Program Services$2,989,959ProgramServicesAmt
Management And General$266,247ManagementAndGeneralAmt
Fundraising$406,534FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$775,930BOYAmt
EOY$846,018EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,290,023BOYAmt
EOY$832,706EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,570,000BOYAmt
EOY$1,893,430EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$23,351BOYAmt
EOY$21,733EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$24,911LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$24,911LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

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

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$259,058BOYAmt
EOY$387,771EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,918,362BOYAmt
EOY$3,981,658EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$33,927BOYAmt
EOY$59,024EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$391,470BOYAmt
EOY$507,057EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$897,732BOYAmt
EOY$484,711EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,323,129BOYAmt
EOY$1,050,792EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$672,259BOYAmt
EOY$857,052EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,922,974BOYAmt
EOY$2,073,814EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,595,233BOYAmt
EOY$2,930,866EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,918,362BOYAmt
EOY$3,981,658EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$335,633ReconcilationRevenueExpnssAmt
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$1,947,353CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,055,129CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,898,228CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,250,258CurrentTaxYearMinus1YearAmt
Current Tax Year$2,295,971CurrentTaxYearAmt
Total$10,446,939TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$42,000CurrentTaxYearMinus4YearsAmt
Total$42,000TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,989,353CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,055,129CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,898,228CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,250,258CurrentTaxYearMinus1YearAmt
Current Tax Year$2,295,971CurrentTaxYearAmt
Total$10,488,939TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$185,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$475,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$450,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$585,000CurrentTaxYearMinus1YearAmt
Current Tax Year$640,000CurrentTaxYearAmt
Total$2,335,000TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$185,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$475,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$450,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$585,000CurrentTaxYearMinus1YearAmt
Current Tax Year$640,000CurrentTaxYearAmt
Total$2,335,000TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$8,153,939PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,780CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,740CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,882CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,225CurrentTaxYearMinus1YearAmt
Current Tax Year$2,402CurrentTaxYearAmt
Total$15,029TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,780CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,740CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,882CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,225CurrentTaxYearMinus1YearAmt
Current Tax Year$2,402CurrentTaxYearAmt
Total$15,029TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,996,133CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,057,869CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,900,110CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,251,483CurrentTaxYearMinus1YearAmt
Current Tax Year$2,298,373CurrentTaxYearAmt
Total$10,503,968TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.77630PublicSupportCY509Pct
Public Support PY5090.84580PublicSupportPY509Pct
Investment Income CY0.00140InvestmentIncomeCYPct
Investment Income PY0.00120InvestmentIncomePYPct
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

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$24,911OtherCostOrOtherBasisAmt
Depreciation$24,911DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
DEPOSITS$6,682
LONG TERM PLEDGES RECEIVABLE$381,089
FieldValueIRS element (for citing)
Total Book Value Other Assets$387,771TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
ACCRUED LIABILITIES$159,711
FUNDS HELD FOR OTHERS$325,000
FieldValueIRS element (for citing)
Total Liability$484,711TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$4,012,077TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$13,704DonatedServicesAndUseFcltsAmt
Revenue Not Reported$13,704RevenueNotReportedAmt
Revenue Subtotal$3,998,373RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$3,998,373TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,676,444TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$13,704DonatedServicesUseFcltsAmt
Expenses Not Reported$13,704ExpensesNotReportedAmt
Expenses Subtotal$3,662,740ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$3,662,740TotalExpensesPerForm990Amt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (39 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2Txt
BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION
26 COURT STREET 5TH FLOORBOSTONMA02108222514422$10,000CHARLESTOWN HIGH PEER OBSERVATION & REFLECTION
BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION
26 COURT STREET 5TH FLOORBOSTONMA02108222514422$10,000EDISON K-8 DIGITAL ACADEMY PILOT
BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION
26 COURT STREET 5TH FLOORBOSTONMA02108222514422$10,000HARVARD-KENT READING INTERVENTION
BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION
26 COURT STREET 5TH FLOORBOSTONMA02108222514422$10,000JOSEPH LEE K-8 ACADEMIC INTERVENTION
BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION
26 COURT STREET 5TH FLOORBOSTONMA02108222514422$10,000ORCHARD GARDENS DIGITAL LITERACY
BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION
26 COURT STREET 5TH FLOORBOSTONMA02108222514422$10,000PJ KENNEDY ACCELERATION CLINIC
CENTER FOR COLLABORATIVE EDUCATION
33 HARRISON AVE 6TH FLOORBOSTONMA02111043241676$10,000NEW MISSION PROJECT OCHENDO
KIPP MASSACHUSETTS
90 HIGH ROCK STREETLYNNMA01902464881350$10,000KIPP ACADEMY BOSTON ELEMENTARY K-COLLEGE
SOCIEDAD LATINA
1530 TREMONT STREETROXBURYMA02120042678255$10,000SOCIEDAD LATINA "QUIEN YO SOY"
TEACH PLUS
27 WORMWOOD STREET SUITE 410BOSTONMA02210263849472$10,000TEACH PLUS C2 AT MURPHY & CURLEY
BOSTON DAY & EVENING ACADEMY FOUNDATION
20 KEARSAGE AVEROXBURYMA02119311708923$80,000COMPENTENCY BASED EDUCATION REPLICATION W/ 2 SCHOOLS
BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION
26 COURT STREET 5TH FLOORBOSTONMA02108222514422$60,000HENDERSON K-12 INCLUSION SCHOOL
BOSTON PLAN FOR EXCELLENCE
27 WORMWOOD ST 110BOSTONMA02210222667403$60,000DUDLEY STREET NEIGHBORHOOD CHARTER SCHOOL EARLY LITERACY
MASS INSIGHT EDUCATION
18 TREMONT STRET 1010BOSTONMA02108043369687$50,000EAST BOSTON COLLEGE SUCCESS COMMUNITY
ACTORS' SHAKESPEARE PROJECT
191 HIGHLAND AVESOMERVILLEMA02143200815685$14,000ACTORS' SHAKESPEARE PROJECT- BDEA, L. FREDERICK, TO EXPAND ARTS EDUCATION FOR SCHOOL CHILDREN IN BOSTON PUBLIC SCHOOLS. ROUND 7 2015-2016
BOSTON CHILDREN'S CHORUS
112 SHAWMUT AVEBOSTONMA02118651188279$20,000BOSTON CHILDREN'S CHORUS- BPS, TO EXPAND ARTS EDUCATION FOR SCHOOL CHILDREN IN BOSTON PUBLIC SCHOOLS. ROUND 6 2014-2015
BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION
26 COURT STREET 5TH FLOORBOSTONMA02108222514422$10,000BINCA-UNDERGROUND RAILWAY THEATER, TO EXPAND ARTS EDUCATION FOR SCHOOL CHILDREN IN BOSTON PUBLIC SCHOOLS - ROUND 6 A- UNDERGROUND RAILWAY THEATER, TO EXPAND ARTS EDUCATION FOR SCHOOL CHILDREN IN BOSTON PUBLIC SCHOOLS. ROUND 7 2015-2016
BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION
26 COURT STREET 5TH FLOORBOSTONMA02108222514422$5,000BRIGHTON HIGH- ACTORS' SHAKESPEARE PROJECT, TO EXPAND ARTS EDUCATION FOR SCHOOL CHILDREN IN BOSTON PUBLIC SCHOOLS. ROUND 7 2015-2016
BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION
26 COURT STREET 5TH FLOORBOSTONMA02108222514422$7,000EDISON K8- AMELIA GOSSETT, TO EXPAND ARTS EDUCATION FOR SCHOOL CHILDREN IN BOSTON PUBLIC SCHOOLS. ROUND 7 2015-2016
BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION
26 COURT STREET 5TH FLOORBOSTONMA02108222514422$5,000GARDNER PILOT- YAMA, TO EXPAND ARTS EDUCATION FOR SCHOOL CHILDREN IN BOSTON PUBLIC SCHOOLS. ROUND 7 2015-2016
BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION
26 COURT STREET 5TH FLOORBOSTONMA02108222514422$10,000JQES- BLUEBRICK STUDIOS, TO EXPAND ARTS EDUCATION FOR SCHOOL CHILDREN IN BOSTON PUBLIC SCHOOLS. ROUND 7 2015-2016
BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION
26 COURT STREET 5TH FLOORBOSTONMA02108222514422$10,000LEE ACADEMY- DOTART, TO EXPAND ARTS EDUCATION FOR SCHOOL CHILDREN IN BOSTON PUBLIC SCHOOLS. ROUND 7 2015-2016
BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION
26 COURT STREET 5TH FLOORBOSTONMA02108222514422$10,000MMM- MULTIPLE SCHOOLS, TO EXPAND ARTS EDUCATION FOR SCHOOL CHILDREN IN BOSTON PUBLIC SCHOOLS. ROUND 7 2015-2016
BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION
26 COURT STREET 5TH FLOORBOSTONMA02108222514422$12,000MARIO UMANA- ZUMIX, TO EXPAND ARTS EDUCATION FOR SCHOOL CHILDREN IN BOSTON PUBLIC SCHOOLS. ROUND 7 2015-2016
BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION
26 COURT STREET 5TH FLOORBOSTONMA02108222514422$10,000WARREN PRESCOTT- BOSTON CONSERVATORY, TO EXPAND ARTS EDUCATION FOR SCHOOL CHILDREN IN BOSTON PUBLIC SCHOOLS. ROUND 7 2015-2016
COMMUNITY MUSIC CENTER OF BOSTON
34 WARREN AVEBOSTONMA02116042437973$70,000CMCB- MULTIPLE SCHOOLS, TO EXPAND ARTS EDUCATION FOR SCHOOL CHILDREN IN BOSTON PUBLIC SCHOOLS. ROUND 7 2015-2016
COMPANY ONE
539 TREMONT STREETBOSTONMA02116043444644$32,000COMPANY ONE- MULTIPLE SCHOOLS, TO EXPAND ARTS EDUCATION FOR SCHOOL CHILDREN IN BOSTON PUBLIC SCHOOLS. ROUND 7 2015-2016
EDWARD M KENNEDY ACADEMY FOUNDATION
102 CAHNERS HALL 360 HUNGTINTON AVEBOSTONMA02115272438940$10,000EMK- JASMIN DAVIS SHEARER, TO EXPAND ARTS EDUCATION FOR SCHOOL CHILDREN IN BOSTON PUBLIC SCHOOLS. ROUND 7 2015-2016AVE
ELIOT SCHOOL
24 ELIOT STREETBOSTONMA02130042173050$45,000ELIOT SCHOOL- MULTIPLE SCHOOLS, TO EXPAND ARTS EDUCATION FOR SCHOOL CHILDREN IN BOSTON PUBLIC SCHOOLS. ROUND 7 2015-2016
FENWAY HIGH SCHOOL FUND
174 IPSWITCH STBOSTONMA02215046719813$25,000FENWAY HS- MULTIPLE PARTNERS, TO EXPAND ARTS EDUCATION FOR SCHOOL CHILDREN IN BOSTON PUBLIC SCHOOLS. ROUND 7 2015-2016
MASS POETRY OUTREACH PROJECT
15 CHANNEL CENTER STREET SUITE 103BOSTONMA02210270584283$20,000MASS LEAP- MULTIPLE SCHOOLS, TO EXPAND ARTS EDUCATION FOR SCHOOL CHILDREN IN BOSTON PUBLIC SCHOOLS. ROUND 7 2015-2016
VSA MASSACHUSETTS
89 SOUTH STREET 101BOSTONMA02111042699540$55,000VSA- MULTIPLE SCHOOLS, TO EXPAND ARTS EDUCATION FOR SCHOOL CHILDREN IN BOSTON PUBLIC SCHOOLS. ROUND 7 2015-2016
VSA MASSACHUSETTS
89 SOUTH STREET 101BOSTONMA02111042699540$35,000VSA MASS- BPS, FOR PROFESSIONAL DEVELOPMENT, TO EXPAND ARTS EDUCATION FOR SCHOOL CHILDREN IN BOSTON PUBLIC SCHOOLS. ROUND 6 2014-2015
BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION
26 COURT STREET 5TH FLOORROXBURYMA02108222514422$25,000HURLEY K8 SCHOOL SOM 2014 FINALIST
BOSTON EDUCATOINAL DEVELOPMENT FOUNDATION
26 COURT STREET 5TH FLOORROXBURYMA02108222514422$25,000ORCHARD GARDENS K8 PILOT SCHOOL SOM 2014 FINALIST
FRIENDS OF THE TROTTER SCHOOL
135 HUMBOLDT AVEDORCHESTERMA02121463768128$80,000TROTTER SCHOOL SOM 2014 WINNER
BOSTON EDUCATIONAL DEVELOPMENT FDTN
26 COURT STREET 5TH FLOORBOSTONMA02108222514422$20,000ENGLISH HS SUMMER PATHWAY
BOSTON EDUCATIONAL DEVELOPMENT FDTN
26 COURT STREET 5TH FLOORBOSTONMA02108222514422$5,000CAROL R. JOHNSON ARTS EDUCATION AWARD
BOSTON EDUCATIONAL DEVELOPMENT FDTN
26 COURT STREET 5TH FLOORBOSTONMA02108222514422$20,000BPS PATH TO EXCELLENCE
FieldValueIRS element (for citing)
Total501c3 Org39Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceFORM 990, PART IX, LINE 1FormAndLineReferenceDesc
ExplanationEDVESTORS MONITORS THE USE OF TWO-YEAR GRANT FUNDS FOR ALL GRANTEES IN THE EDVESTORS PORTFOLIO BY CONDUCTING PHONE CALL UPDATES EACH FALL OF THE GRANT, A YEAR 1 REPORT IN MAY OF THE FIRST YEAR, AND A FINAL REPORT IN JUNE AT THE END OF THE SECOND YEAR OF THE GRANT. IN ADDITION TO A WRITTEN REPORT, EDVESTORS ALSO CONDUCTS IN-PERSON SITE VISITS OR MEETINGS BEFORE THE RELEASE OF YEAR 2 FUNDS. FOR SEED FUND LEARNING GRANTS, RECIPIENTS SUBMIT A PROJECT-END REPORT IN MAY, AND MAY RECEIVE A SITE VISIT OR PHONE CALL IN THE SPRING. ONE-YEAR SEED FUND EXPANSION GRANT RECIPIENTS PARTICIPATE IN A FALL PHONE CALL AND SUBMIT A YEAR-END REPORT IN JUNE. FOR ONE-YEAR GRANTS THROUGH THE ARTS EXPANSION INITIATIVE, A PRELIMINARY REPORT IS DUE IN NOVEMBER AND A FINAL REPORT DUE 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
LAURA PERILLE
CEO & PRESIDENT$142,631$0$0$0$0$0$0$0$10,986$0$153,617$0$0$0
ANURADHA DESAI
SENIOR VP - EXTERNAL RELATIONS$146,523$0$10,000$0$0$0$0$0$26,717$0$183,240$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 & PRESIDENT AND OTHER KEY EMPLOYEES IS AS FOLLOWS: (A) ANNUAL PERFORMANCE AND SALARY/COMPENSATION REVIEW BY CEO & PRESIDENT FOR TOP MANAGEMENT AND KEY EMPLOYEES AND BY THE GOVERNING BOARD EXECUTIVE COMMITTEE FOR CEO & PRESIDENT, 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 (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11THE EXECUTIVE COMMITTEE OF THE GOVERNING BOARD 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 AND THE EXECUTIVE COMMITTEE IN ADVANCE OF THE ANNUAL MEETING EACH SEPTEMBER, AND THROUGHOUT THE YEAR AS NEW MEMBERS JOIN THE GOVERNING BOARD. 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 & PRESIDENT AND OTHER KEY EMPLOYEES IS AS FOLLOWS: (A) ANNUAL PERFORMANCE AND SALARY/COMPENSATION REVIEW BY CEO & PRESIDENT FOR TOP MANAGEMENT AND KEY EMPLOYEES AND BY THE GOVERNING BOARD EXECUTIVE COMMITTEE FOR CEO & PRESIDENT, 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 XII, LINE 2C:THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILTY 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 YEAR.

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