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Education : Education Policy and Reform

EdVestors

Driving Change in Urban Schools

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Impact Information is available from our partner, GuideStar

three stars

84.68

140 Clarendon Street Boston, MA 02116
tel: (617) 585-5740   Web Site
EIN: 76-0794873

Board Leadership
Wendell Knox
Chair

CEO
Marinell Rousmaniere
Acting President & CEO

  Score
(out of 100)
Rating
Overall Score & Rating 84.68 three stars
  Financial 78.34 two stars
  Accountability & Transparency 100.00 four stars
This rating was published 07/01/2018 and includes data from FY2017, the most recent 990 received at that time.

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.

Impact Information

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This impact information is current as of October 2018, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

two stars

78.34

Accountability & Transparency

four stars

100.00

This rating was published 07/01/2018 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
79.2%
  Administrative Expenses 8.1%
  Fundraising Expenses 12.5%
  Fundraising Efficiency $0.11
  Working Capital Ratio (years) 0.92
  Program Expenses Growth -4.0%
  Liabilities to Assets 16.9%
All data for Financial Performance Metrics calculations was provided by EdVestors on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by EdVestors on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
EdVestors (MA) 84.68 three stars
California Charter Schools Association (CA) 89.34 three stars
Council for Educational Change (FL) 85.92 three stars
Stand for Children Leadership Center (OR) 90.22 four stars
Teach Plus Incorporated (MA) 89.22 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $3,756,423
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $3,756,423
   Program Service Revenue $0
Total Primary Revenue $3,756,423
   Other Revenue $1,345
TOTAL REVENUE $3,757,768
   
EXPENSES  
   Program Expenses $2,480,060
   Administrative Expenses $290,200
   Fundraising Expenses $461,950
TOTAL FUNCTIONAL EXPENSES $3,232,210
   
Payments to Affiliates $0
Excess (or Deficit) for the year $525,558
   
Net Assets $3,222,650

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 $1,218,488 49.1%
Zeroing In On Math $432,075 17.4%
The Seed Fund $337,739 13.6%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-06 07/01/2018 84.68 three stars
2016-06 11/01/2017 83.50 three stars
2016-06 06/01/2017 81.76 three stars
2015-06 06/01/2016 87.32 three stars
 
CN 2.0
2015-06 04/01/2016 87.87 three stars

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!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$164,633 5.09% Laura Perille President, CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
EdVestors (MA) 84.68 three stars
Prichard Committee for Academic Excellence (KY) 89.91 three stars
Jacksonville Public Education Fund (FL) 91.64 four stars
Intercollegiate Studies Institute (DE) 94.89 four stars
New Visions for Public Schools (NY) 96.64 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

EdVestors
140 Clarendon Street
Boston, MA 02116
tel: (617) 585-5740
fax: (617) 585-5749
EIN: 76-0794873

Visit Web Site

Board Leadership

Wendell Knox
Chair

CEO

Marinell Rousmaniere
Acting President & CEO

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