1edtech Consortium INC FY2023 filing

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1edtech's mission is to power learner potential by fostering the evolution of an open, trusted, innovative education technology and digital credentials ecosystem. We provide the leadership and collaboration needed to shape the future of education. Through community-developed open standards, we enable digital learning connectivity, data insights, and improved product choice. We establish trust and transparency in edtech partnerships through community-governed certification programs that verify stringent requirements for product integrations, data privacy, and accessibility. We accelerate the adoption of new technologies that advance digital learning to meet the evolving needs of educators and learners.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
$1.3M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

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FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $738K a year · 10% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$1.3M
to officers and key staff · 14% of spending
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
14 mo
of spending, in cash
Looks good: 13.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $30K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$4.3M
37% of total assets
Looks good: liabilities are 37% of assets; 50% or less.
Pt X · Ln 26
Independent board members
23
of 24 voting members
Looks good: 23 of 24 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$8.1M
+18% vs prior year
Spent
$9.4M
Net assets
$7.2M
By yearFY2020–FY2024
Revenue
$8.1M
FY2023▲ +18%
Tap a bar for its year
Revenue by fiscal year
FY2020$5.5M
FY2021$7.1M
FY2022$6.8M
FY2023$8.1M
FY2024$8.3M
Expenses
$9.4M
FY2023▲ +19%
Tap a bar for its year
Expenses by fiscal year
FY2020$5.9M
FY2021$6.0M
FY2022$7.9M
FY2023$9.4M
FY2024$10.3M
Net assets
$7.2M
FY2023▼ -16%
Tap a bar for its year
Net assets by fiscal year
FY2020$8.5M
FY2021$9.7M
FY2022$8.6M
FY2023$7.2M
FY2024$5.2M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2003.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

29 people listed on the 990; $1.3M paid to officers and key staff.

Part VII, Section A · reportable compensation
Chief Executive Officer
$365,760Pt VII · Sec A
VP K-12 Programs
$210,935Pt VII · Sec A
Vice President, Marketing
$201,901Pt VII · Sec A
Vice President, Software
$197,054Pt VII · Sec A
Vice President, Business Operations and Member Rel
$188,902Pt VII · Sec A
Consulting Vice President
$182,474Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Robert Abel’s $256K as Chief Executive Officer is at the 79th percentile of top reported officer pay among 2832 $1–10M community development 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 · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Robert Abel$255,920$365,760$348,000$333,500$332,000
Curtiss Barnes$233,543————
Mark Leuba—$182,474$233,530$223,600$228,600
Timothy Clark$210,935$210,935$193,250$185,000$170,500
Blaine Helmick$210,910$197,054———
Sandra Decastro$207,346$201,901$201,253$188,198$188,198
Jeanne Imbriale$200,760$188,902———
Liliana Arnillas$198,582————

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Fosters open, trusted education technology and digital credentials for learner potential.

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2 programs · in their own filed words · FY2023
01

1EDTECH and case registry - to develop software for schools that will be a secure trusted cloud-based registry and connection service enabling any educational technology provider to connect to any school district's learning platform, portal, or student system using the 1EDTECH standards.

Pt IX · col B
02

Development of and approval of standards to enable interoperability and adoption of learning and educational technology.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$30K
Grants paid · 1 grant · $10K · 2020–2020
Unitemized GrantFY2020$10,000

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$8.1M
Ln 12
Gifts and grantsLn 1h$6.0M
Fees for servicesLn 2g$1.8M
Investment incomeLn 3$282K
Money outPt IX
$9.4M
Ln 25
Owns and owesPt X
$7.2M
net assets · Ln 32
Cash and savingsLn 1–2$10.9M
Total assetsLn 16$11.5M
LiabilitiesLn 26$4.3M
PeoplePt VI, VII
29
listed · VII A
PaidVII A6
Voting boardVI 1a24
IndependentVI 1b23
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.0M
Fees for servicesLn 2g$1.8M
Investment incomeLn 3$282K
Total revenueLn 12$8.1M
Assets in detailPt X, end of year
CashLn 1$5.9M
SavingsLn 2$5.0M
Cash and savings togetherLn 1–2$10.9M
Land, buildings, equipmentLn 10c$16K
Total assetsLn 16$11.5M
LiabilitiesLn 26$4.3M
Net assetsLn 32$7.2M
OperationsPt I, VI
EmployeesI 541
VolunteersI 623
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$11.4M$10.9M
Land, buildings, equipmentLn 10c$163K$16K
Total assetsLn 16$12.1M$11.5M
LiabilitiesLn 26$3.5M$4.3M
Net assetsLn 32$8.6M$7.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$398K
Other salaries and wagesLn 7$4.5M
Pension plan contributionsLn 8$238K
Other employee benefitsLn 9$553K
Payroll taxesLn 10$388K
Legal feesLn 11b$117K
Accounting feesLn 11c$29K
Other fees for servicesLn 11g$243K
Advertising and promotionLn 12$73K
Office expensesLn 13$122K
Information technologyLn 14$73K
TravelLn 17$468K
Conferences, conventions and meetingsLn 19$857K
Depreciation, depletion and amortizationLn 22$147K
InsuranceLn 23$31K
Other expenses (24a–d)Ln 24$1.2M
All other expensesLn 24e$54K
Total functional expensesLn 25$9.4M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $8.3M$10.3M−$2.0M$5.2M 990 PDF
FY2023 Viewing $8.1M$9.4M−$1.4M$7.2M 990 PDF
FY2022 $6.8M$7.9M−$1.1M$8.6M 990 PDF
FY2021 $7.1M$6.0M$1.1M$9.7M 990 PDF
FY2020 $5.5M$5.9M−$387K$8.5M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $8,076,996 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $5,724,101$6,020,113
I-9 Program service revenuePrior year $1,056,632$1,775,016
I-10 Investment incomePrior year $46,445$281,867
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $6,827,178$8,076,996
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $4,947,844$6,056,384
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,972,916$3,389,820
I-18 Total expensesPrior year $7,920,760$9,446,204
I-19 Revenue less expensesPrior year −$1,093,582−$1,369,208
Part VI · Governance 23 of 24 board members independent, 3 to look at
VI-1a Voting members of the governing body24
VI-1b Independent voting members23
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $8,076,996 across 6 lines filed
VIII-1b Membership dues$5,903,904
VIII-1d Related organizations$116,209
VIII-1h Total contributions, gifts and grants$6,020,113
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,775,016$1,775,016
VIII-3 Investment incomeExcluded from tax $281,867$281,867
VIII-12 Total revenueRelated to mission $1,775,016 · Unrelated business $0 · Excluded from tax $281,867$8,076,996
Part IX · Statement of functional expenses $9,446,204 across 17 lines filed
IX-5 Pay of current officers, directors and key staff$398,371
IX-7 Other salaries and wages$4,478,880
IX-8 Pension plan contributions$238,222
IX-9 Other employee benefits$552,868
IX-10 Payroll taxes$388,043
IX-11b Legal fees$116,655
IX-11c Accounting fees$28,900
IX-11g Other fees for services$243,456
IX-12 Advertising and promotion$73,306
IX-13 Office expenses$121,524
IX-14 Information technology$73,389
IX-17 Travel$467,890
IX-19 Conferences, conventions and meetings$857,341
IX-22 Depreciation, depletion and amortization$146,868
IX-23 Insurance$30,690
IX-24 Other expenses (24a–d)$1,175,949
IX-24e All other expenses$53,852
IX-25 Total functional expenses$9,446,204
Part X · Balance sheet $11,529,097 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $5,690,435$5,929,412
X-2 Savings and temporary cash investmentsStart of year $5,684,548$4,965,153
X-4 Accounts receivableStart of year $254,664$395,052
X-9 Prepaid expenses and deferred chargesStart of year $128,505$223,256
X-10c Land, buildings and equipment, netStart of year $163,092$16,224
X-16 Total assetsStart of year $12,144,014$11,529,097
X-17 Accounts payable and accrued expensesStart of year $104,611$118,666
X-19 Deferred revenueStart of year $3,143,468$3,852,577
X-25 Other liabilitiesStart of year $301,359$332,486
X-26 Total liabilitiesStart of year $3,549,438$4,303,729
X-27 Net assets without donor restrictionsStart of year $8,594,576$7,225,368
X-32 Total net assets or fund balancesStart of year $8,594,576$7,225,368
X-33 Total liabilities and net assetsStart of year $12,144,014$11,529,097
Part XI · Reconciliation of net assets $7,225,368 net assets at year end
XI-1 Total revenue$8,076,996
XI-2 Total expenses$9,446,204
XI-3 Revenue less expenses−$1,369,208
XI-4 Net assets at start of year$8,594,576
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$7,225,368

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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