NATIONAL EDUCATION OPPORTUNITY NETWORK INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- NATIONAL EDUCATION OPPORTUNITY NETWORK INC (EIN 83-3914379)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-04-29
- IRS object ID
- 202631199349302223
- Schema version
- 2024v5.5
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-04-29T14:56:39-05:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 582487348 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Aprio Advisory Group LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 Rockville Pike Suite 600 | AddressLine1Txt |
| City | Rockville | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20850 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 833914379 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | National Education Opportunity Network | BusinessNameLine1Txt |
| Business Name Line2 | Inc | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NATI | BusinessNameControlTxt |
| Phone | 9178372200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 648 Broadway 603 | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10012 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Alexandra Slack | PersonNm |
| Person Title | Chief Operating Officer | PersonTitleTxt |
| Phone | 9178372200 | PhoneNum |
| Signature | 2026-04-27 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Stacy Cullen | PreparerPersonNm |
| PTIN | P00974308 | PTIN |
| Phone | 3012316200 | PhoneNum |
| Preparation | 2026-04-27 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Change | Yes (X) | NameChangeInd |
| Principal Officer | Leslie Cornfeld | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 648 Broadway 603 | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10012 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $8,706,676 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | edequitylab.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2019 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | Propel economic and social mobility for students with a focus on low income and historically underserved students. | ActivityOrMissionDesc |
| Voting Members Governing Body | 15 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 14 | VotingMembersIndependentCnt |
| Total Employee | 38 | TotalEmployeeCnt |
| Total Volunteers | 12 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,546,343 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,190,753 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,464,750 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $3,498,500 | CYProgramServiceRevenueAmt |
| PY Investment Income | $33,511 | PYInvestmentIncomeAmt |
| CY Investment Income | $15,577 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $1,846 | CYOtherRevenueAmt |
| PY Total Revenue | $3,044,604 | PYTotalRevenueAmt |
| CY Total Revenue | $8,706,676 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $19,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,585,547 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,896,820 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $552,746 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,448,593 | PYOtherExpensesAmt |
| CY Other Expenses | $3,001,092 | CYOtherExpensesAmt |
| PY Total Expenses | $3,053,140 | PYTotalExpensesAmt |
| CY Total Expenses | $6,897,912 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$8,536 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,808,764 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,594,333 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,574,877 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $24,616 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $52,952 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $2,569,717 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $4,521,925 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | The National Education Equity Lab propels economic mobility for students from low-income communities by delivering college credit-bearing courses from our nation's top universities and colleges into low-income Title I high schools at scale, and at no cost to students. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $5,500,470 | ExpenseAmt |
| Revenue | $3,500,346 | RevenueAmt |
| Desc | Deliver and support college credit-bearing courses from top colleges and universities into low-income high school classrooms across the nation. Our unique structure of support and collaboration with classroom teachers, university professors, and university teaching fellows equips scholars to explore and excel in fields of study and career possibilities that would otherwise not be available to them. We enable scholars to advance and demonstrate their college capabilities and talents to college admissions offices, employers -- and themselves. | Desc |
| Total Program Service Expenses | $5,500,470 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 92 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 38 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 15 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 14 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jacqueline Thibault | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9178372200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 648 Broadway Suite 603 | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10012 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd |
|---|---|---|---|---|---|---|---|
| Leslie Cornfeld | |||||||
| Founder & CEO | 40.00 | Yes (X) | Yes (X) | $270,375 | $0 | $0 | |
| Jonathan Barry | |||||||
| Trustee | 9.00 | Yes (X) | $0 | $0 | $0 | ||
| Donald Brown | |||||||
| Trustee | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| Angela Duckworth | |||||||
| Trustee | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| Arne Duncan | |||||||
| Trustee | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| Wayne Frederick | |||||||
| Trustee | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| Steve Galbraith | |||||||
| Trustee | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| Earl Hunt | |||||||
| Trustee | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| Henry McCance | |||||||
| Trustee | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| Jenny Rickard | |||||||
| Trustee | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| Vivian Riefberg | |||||||
| Trustee | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| Robert Runcie | |||||||
| Trustee | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| LaVerne Srinivasan | |||||||
| Trustee | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| Melinda Wolfe | |||||||
| Trustee | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| Marian Wright Edelman | |||||||
| Trustee | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| Alexandra Slack | |||||||
| COO | 40.00 | Yes (X) | $250,270 | $0 | $11,203 | ||
| Ariel Murphy-Bedford | |||||||
| Chief Academic Officer | 40.00 | $200,545 | $0 | $12,831 | Yes (X) | ||
| Laura Moore | |||||||
| Chief Higher Ed. Officer | 40.00 | $210,095 | $0 | $16,567 | Yes (X) | ||
| Steve Sandak | |||||||
| Chief Growth & Data Officer | 40.00 | $189,263 | $0 | $23,500 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,120,548 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $64,101 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 5 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $5,190,753 | AllOtherContributionsAmt |
| Total Contributions | $5,190,753 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Program Service Revenu | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $3,498,500 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,498,500 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $3,498,500 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $15,577 | TotalRevenueColumnAmt |
| Exclusion | $15,577 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Revenue | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $1,846 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,846 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,846 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,706,676 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,500,346 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $15,577 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,184,649 | TotalAmt |
| Program Services | $924,026 | ProgramServicesAmt |
| Management And General | $130,312 | ManagementAndGeneralAmt |
| Fundraising | $130,311 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,078,150 | TotalAmt |
| Program Services | $1,620,957 | ProgramServicesAmt |
| Management And General | $228,596 | ManagementAndGeneralAmt |
| Fundraising | $228,597 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,284 | TotalAmt |
| Program Services | $78,222 | ProgramServicesAmt |
| Management And General | $11,031 | ManagementAndGeneralAmt |
| Fundraising | $11,031 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $261,949 | TotalAmt |
| Program Services | $204,321 | ProgramServicesAmt |
| Management And General | $28,814 | ManagementAndGeneralAmt |
| Fundraising | $28,814 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $271,788 | TotalAmt |
| Program Services | $211,994 | ProgramServicesAmt |
| Management And General | $29,897 | ManagementAndGeneralAmt |
| Fundraising | $29,897 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $61,879 | TotalAmt |
| Management And General | $61,879 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $685,054 | TotalAmt |
| Program Services | $486,057 | ProgramServicesAmt |
| Management And General | $98,641 | ManagementAndGeneralAmt |
| Fundraising | $100,356 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,107 | TotalAmt |
| Program Services | $34,016 | ProgramServicesAmt |
| Management And General | $16,001 | ManagementAndGeneralAmt |
| Fundraising | $90 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $151,277 | TotalAmt |
| Program Services | $114,308 | ProgramServicesAmt |
| Management And General | $36,969 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,651 | TotalAmt |
| Program Services | $34,047 | ProgramServicesAmt |
| Management And General | $4,802 | ManagementAndGeneralAmt |
| Fundraising | $4,802 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,269 | TotalAmt |
| Management And General | $25,269 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| University Course Costs | $1,627,006 | $1,627,006 | ||
| Program Event Expenses | $173,717 | $43,765 | $111,104 | $18,848 |
| Course Delivery | $120,135 | $96,754 | $23,381 | |
| Bad Debt Expense | $38,000 | $38,000 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,997 | TotalAmt |
| Program Services | $24,997 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,897,912 | TotalAmt |
| Program Services | $5,500,470 | ProgramServicesAmt |
| Management And General | $844,696 | ManagementAndGeneralAmt |
| Fundraising | $552,746 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $439,114 | BOYAmt |
| EOY | $2,171,942 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,023,369 | BOYAmt |
| EOY | $397,470 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $150,000 | BOYAmt |
| EOY | $815,000 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $443,117 | BOYAmt |
| EOY | $598,717 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,077 | BOYAmt |
| EOY | $46,996 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $522,656 | BOYAmt |
| EOY | $544,752 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,594,333 | BOYAmt |
| EOY | $4,574,877 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,616 | BOYAmt |
| EOY | $52,952 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,616 | BOYAmt |
| EOY | $52,952 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,203,625 | BOYAmt |
| EOY | $3,556,925 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $366,092 | BOYAmt |
| EOY | $965,000 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,569,717 | BOYAmt |
| EOY | $4,521,925 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,594,333 | BOYAmt |
| EOY | $4,574,877 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,808,764 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $143,444 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,776,445 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,769,258 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,554,656 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,546,343 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,190,753 | CurrentTaxYearAmt |
| Total | $15,837,455 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,776,445 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,769,258 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,554,656 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,546,343 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,190,753 | CurrentTaxYearAmt |
| Total | $15,837,455 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $4,187,502 | SubstantialContributorsTotAmt |
| Public Support Total170 | $11,649,953 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $703 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $31 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $25,330 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $33,511 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,577 | CurrentTaxYearAmt |
| Total | $75,152 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $1,846 | CurrentTaxYearAmt |
| Total | $1,846 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $15,914,453 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $8,397,611 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.73200 | PublicSupportCY170Pct |
| Public Support PY170 | 0.81390 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Form 990, Schedule A, Part II: | FormAndLineReferenceDesc |
| Explanation | National Education Opportunity Network, Inc. adopted a fiscal year ended June 30th in tax year 2024 that created a short year filing requirement with the Internal Revenue Service Schedule A, Part II, column (a) shows information from calendar year ended 12/31/21. Schedule A, Part II, column (c) shows information from calendar year ended 12/31/22. Schedule A, Part II, column (c) shows information from calendar year ended 12/31/23. Schedule A, Part II, column (d) shows information from fiscal year ended 06/30/24. Schedule A, Part II, column (e) shows information from fiscal year ended 06/30/25. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $8,850,120 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $143,444 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $143,444 | RevenueNotReportedAmt |
| Revenue Subtotal | $8,706,676 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $8,706,676 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $6,897,912 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $6,897,912 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $6,897,912 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part X, Line 2: | FormAndLineReferenceDesc |
| Explanation | The Organization evaluates uncertainty in income tax positions based on a more-likely-than-not recognition standard. If that threshold is met, the tax position is then measured at the largest amount that is greater than 50% likely of being realized upon ultimate settlement. As of June 30, 2025 and June 30, 2024, there are no accruals for uncertain tax positions. If applicable, the Organization records interest and penalties as a component of income tax expense. Tax years from 2022 through the current year remain open for examination by tax authorities. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | Yes (1) | InitialContractExceptionInd |
| Rebuttable Presumption Proc | 0 | RebuttablePresumptionProcInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Leslie Cornfeld | ||||||||||||||
| Founder & CEO | $270,375 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $270,375 | $0 | $0 | $0 |
| Alexandra Slack | ||||||||||||||
| COO | $215,270 | $0 | $35,000 | $0 | $0 | $0 | $0 | $0 | $11,203 | $0 | $261,473 | $0 | $0 | $0 |
| Laura Moore | ||||||||||||||
| Chief Higher Ed. Officer | $210,095 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $16,567 | $0 | $226,662 | $0 | $0 | $0 |
| Ariel Murphy-Bedford | ||||||||||||||
| Chief Academic Officer | $200,545 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $12,831 | $0 | $213,376 | $0 | $0 | $0 |
| Steve Sandak | ||||||||||||||
| Chief Growth & Data Officer | $189,263 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $23,500 | $0 | $212,763 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 8 | FormAndLineReferenceDesc |
| Explanation | During the reported period, performance bonuses and commissions were provided to certain employees, as included in part II, column (b) (II) of schedule J. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 4 | Updated the organization's name to National Education Opportunity, Inc. Change was reported to the IRS. |
| Form 990, Part VI, Section B, line 11b | All Board members approve the Form 990 information filed. |
| Form 990, Part VI, Section B, line 12c | Conflicts of interest policy: The organization regularly and consistently monitors and enforces compliance with the conflicts of interest policy by requiring all officers, trustees, and members of senior management to complete the related parties and ethical guidelines documents annually. The completed documents are reviewed by management and the chair of the audit committee for potential conflicts. |
| Form 990, Part VI, Section B, line 15 | Comparability data and consultation with outside advisors was used to help determine compensation for senior officials/employees. This was an informal process as there were only two senior employees with salaries. |
| Form 990, Part VI, Section C, line 18 | The organization's governing documents, conflict of interest policy, Form 990, Form 1023, and financial statements are available upon request. |
| Form 990, Part VI, Section C, line 19 | The organization's governing documents, conflict of interest policy, Form 990, and financial statements are available upon request. |
| Form 990, Part XII, Line 2c: | The process has not changed from prior year. |