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Education : Education Policy and Reform
Board Leadership
Katherine Gross
Chair
CEO
Marinell Rousmaniere
President & CEO
|
EdVestors' mission is to increase the number of schools in Boston delivering dramatically improved educational outcomes for all students. EdVestors is a school improvement organization that combines strategic philanthropy, education expertise, and implementation support to help schools create the conditions for school change. Since starting in 2002, EdVestors has raised and invested $29 million in school improvement efforts and today coordinates major public-private partnerships to drive improved outcomes for more students in Boston. We work at the classroom, school, and system levels to accelerate improvement in Boston's schools. EdVestors works in three ways: We are a seed funder for solution-seekers' best ideas in Boston's schools. We develop, demonstrate, and share best practices for school improvement. We work at scale to achieve city-wide student impact, coordinating major public-private partnerships in targeted issue areas at the core of school improvement.
EdVestors' mission is to increase the number of schools in Boston delivering dramatically improved educational outcomes for all students. EdVestors is a school improvement organization that combines strategic philanthropy, education expertise, and implementation support to help schools create the conditions for school change. Since starting in 2002, EdVestors has raised and invested $29 million in school improvement efforts and today coordinates major public-private partnerships to drive improved outcomes for more students in Boston. We work at the classroom, school, and system levels to accelerate improvement in Boston's schools. EdVestors works in three ways: We are a seed funder for solution-seekers' best ideas in Boston's schools. We develop, demonstrate, and share best practices for school improvement. We work at scale to achieve city-wide student impact, coordinating major public-private partnerships in targeted issue areas at the core of school improvement.
77.22
96.00
Program Expenses (Percent of the charity's total expenses spent on the programs and services it delivers) |
75.3% | |
Administrative Expenses | 9.4% | |
Fundraising Expenses | 15.2% | |
Fundraising Efficiency | $0.13 | |
Working Capital Ratio (years) | 1.18 | |
Program Expenses Growth | -4.1% | |
Liabilities to Assets | 10.3% |
Charity Name & State | Overall Score | Overall Rating |
---|---|---|
EdVestors (MA) | 83.64 | |
Advance Illinois (IL) | 86.89 | |
The Mind Trust (IN) | 95.05 | |
National Association of Scholars (NY) | 92.11 | |
Illinois Network of Charter Schools (IL) | 91.71 |
REVENUE | |
Contributions | |
Contributions, Gifts & Grants | $3,870,766 |
Federated Campaigns | $0 |
Membership Dues | $0 |
Fundraising Events | $0 |
Related Organizations | $0 |
Government Grants | $0 |
Total Contributions | $3,870,766 |
Program Service Revenue | $0 |
Total Primary Revenue | $3,870,766 |
Other Revenue | $3,946 |
TOTAL REVENUE | $3,874,712 |
EXPENSES | |
Program Expenses | $2,483,903 |
Administrative Expenses | $320,833 |
Fundraising Expenses | $521,290 |
TOTAL FUNCTIONAL EXPENSES | $3,326,026 |
Payments to Affiliates | $0 |
Excess (or Deficit) for the year | $548,686 |
Net Assets | $3,909,917 |
Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.
Program Name | Amount Spent | % of Program Expenses |
---|---|---|
Arts Expansion Initiative | $985,360 | 39.7% |
Zeroing In On Math | $614,386 | 24.7% |
Career Pathways Initiative | $253,397 | 10.2% |
The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).
EIN | 76-0794873 |
Name in IRS Master File | EDVESTORS INC |
NTEE Code | B12 |
NTEE Classification | Fund Raising and/or Fund Distribution |
NTEE Type | Educational Institutions and Related Activities |
Classification | Charitable Organization |
Subsection | 501(c)(3) (View the list of codes) |
Activities | |
Foundation Status | Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi) |
Deductibility | Contributions are deductible |
Affiliation | Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations). |
Group Name | [Not Applicable] |
Ruling Date | May, 2007 |
Filing Requirement | 990 (all other) or 990EZ return |
Fiscal Year End | June |
IRS Forms 990 (provided courtesy of Foundation Center) |
(Log In or Register Now to View Forms 990!)
|
Compensation | % of Expenses | Paid to | Title | |
---|---|---|---|---|
$126,601 | 3.80% | Marinell Rousmaniere | President & CEO | |
Other Salaries of Note | ||||
$177,951 | 5.35% | Anuradha Desai | Senior Vice President, External Relations |
Charity Name & State | Overall Score | Overall Rating |
---|---|---|
EdVestors (MA) | 83.64 | |
Advance Illinois (IL) | 86.89 | |
Education Foundation of Palm Beach County (FL) | 90.99 | |
Teach Plus Incorporated (MA) | 86.60 | |
Georgia Partnership for Excellence in Education (GA) | 94.93 |
This charity has an official representative registered with Charity Navigator.
EdVestors
140 Clarendon Street
Boston,
MA 02116
tel: (617) 585-5740
fax: (617) 585-5749
EIN: 76-0794873
Katherine Gross
Chair
Marinell Rousmaniere
President & CEO
Charity Navigator
299 Market Street Suite 250
Saddle Brook, NJ 07663
EIN: 13-4148824
BRIDGE ID: 3108588923