Edunations INC EIN 02-0761407 Form 990 (PDF) Claim this org

Edunations INC FY2022 filing

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Builds schools and provides education, opportunity, and hope for children in Africa. For fiscal year 2022 it reported $855K in revenue, $863K in expenses, and $49K in net assets.Pt I

Founded
2004
Type
Public charity (501(c)(3)) · International
Location
Allison Park, PA
Website
edunations.org
Filings
5 on file (2020–2022)
Revenue
$855KFY2022
Expenses
$863K
Net assets
$49K
People
12
Filings
5
Updates
0
More identity details & actions ⌄
EIN  02-0761407 Public charity (501(c)(3)) Allison Park, PA Founded 2004
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
$1–10M
What they do
Builds schools and provides education, opportunity, and hope for children in Africa.
Leadership
Samuel Sesay · President · $47K
Money in and out
$855K revenue, $863K expenses
Bottom line
89% program efficiency
Where the money goes · FY2022
Total revenue
$855K
Pt VIII · Ln 12
Total expenses
$863K
Pt IX · Ln 25
Net assets
$49K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$7K
Where spending went · Part IX cols B–D
Program services $0.89 Management & general $0.07 Fundraising $0.03
Program efficiency
89%
of spending reaches programs
Operating runway
0.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
-0.9%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$855K
FY2022▲ +7%
Expenses
$863K
FY2022▲ +7%
Total assets
$49K
FY2022▼ -29%
Total liabilities
$180
FY2022▼ -99%
Total revenue
$855K
Pt VIII · Ln 12
Total expenses
$863K
Pt IX · Ln 25
Net assets
$49K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$7K
Total assetsPt X · Ln 16$49K
Program-expense ratioPt IX · col B89%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

3 program services account for $769K of program spending, described in the organization's own filed words · FY2021.
01

Schools edunations is committed to building and supporting schools to make education free and accessible to children across africa who otherwise would not receive one. By educating these children, beginning in sierra leone, edunations is working to break the cycle of poverty and create a brighter future.

$647Kprogram expense
02

Other Programs Include

Pa santigie community garden - an agricultural community development project in the village of rokassa. Proceeds from the crops are used to help support the community health center. Orfonthy community health center - providing health care to students and their families in the village of rokassa, an area where healthcare was previously…

$111Kprogram expense
03

Microfinance a microenterprise project, making small loans to individuals in communities where edunations has built schools, in order to help create sustainable businesses with the hope that parents will then develop the means to help support the schools.

$11Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEdunations INC
EINHdr · item D02-0761407
Principal addressHdr · item CAllison Park, PA
WebsiteHdr · item Jedunations.org
Year of formationHdr · item L2004
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q33)
Ruling yearIRS BMFApr 2008

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President
$47,096Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Dana Kaltenberger’s $65K as US Director is at the 13th percentile of top reported officer pay among 1169 $1–10M international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Dana Kaltenberger$64,896$45,000
Samuel Sesay$37,249$45,596$47,096$34,988$22,160

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$812K · 95%
Other revenue$37K · 4%
Investment income$6K · 1%
Contributions & grants95%$812K
Other revenue4%$37K
Investment income1%$6K
Total revenueLn 12$855K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.89 Management & general $0.07 Fundraising $0.03
Program services89%$769K
Management & general7%$64K
Fundraising3%$30K
Total functional expensesLn 25$863K

Balance Sheet

Part X · end of year
CashLn 1$44K
Total assetsLn 16$49K
Total liabilitiesLn 26$180
Total net assetsLn 32$49K
Months of cash on handcomputed0.6

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $44K · Operating expenses/yr $863K
0.6 months
Where the money goes
Program services
Program services $769K · Total expenses $863K
89%
Management & General
Management & general $64K · Total expenses $863K
7%
Fundraising
Fundraising $30K · Total expenses $863K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $21K · Solicited contributions (3-yr avg) $689K
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $812K · Total revenue $855K
95%
Government reliance
Government grants — · Total revenue $855K
Earned-income share
Program service revenue $0 · Total revenue $855K
0%
Investment reliance
Investment income $6K · Total revenue $855K
+0.7%
Program self-sufficiency
Program service revenue $0 · Total expenses $863K
0%
Growth & trend
Revenue growth (YoY)
This year $855K · Prior year $799K
+7%
Net-asset trend (YoY)
End of year $49K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $855K · Expenses $863K
-0.9%
Liabilities-to-Assets
Total liabilities — · Total assets $49K
Net-asset ratio
Net assets $49K · Total assets $49K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $49K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Samuel Sesay · Reported title PRESIDENT · Highest reported compensation $47K · Total expenses $863K
5%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $414K · Total expenses $863K
48%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 89%
Overhead ratio 7%
Fundraising cost ratio 4%
Revenue growth 7%
Accounting fee ratio 0.6%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$5K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$1.2M revenue · ⤓ 990 PDF
FY2023$1.0M revenue · ⤓ 990 PDF
FY2022$855K revenue · viewing · ⤓ 990 PDF
FY2021$799K revenue · ⤓ 990 PDF
FY2020$477K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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