Education Matters FY2020 filing

Cincinnati, OHUnknown exempt organization EIN 23-7121512Revenue $581K in FY2020

On file with the IRSemcincy.org2104 Saint Michael Street · Cincinnati, OH

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Education Matters' mission is to inspire learning and strengthen our community by removing barriers to education.

86¢ of each $1 spent went to programs.
$131K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average surplus $838K a year · 54% of revenue · last 3 filings
Worth a look: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$131K
to officers and key staff · 22% of spending
Worth a look: pay to officers and key staff is 22% of spending; over 20%.
Pt VII · Sec A
6 mo
of spending, in cash
Looks good: 6.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $7K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2.3M
39% of total assets
Looks good: liabilities are 39% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$581K
Spent
$596K
To programs
86%
Net assets
$3.6M
By yearFY2020–FY2022
Revenue
$581K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$581K
FY2021$597K
FY2022$3.5M
FY2022$0
Expenses
$596K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$596K
FY2021$744K
FY2022$817K
FY2022$0
Net assets
$3.6M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$3.6M
FY2021$3.4M
FY2022$6.9M
FY2022$0

From the FY2020 Form 990 (year ending June 2020) · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2022) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022.

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

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $513K Management & general 7% · $42K Fundraising 7% · $41K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

16 people listed on the 990; $131K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Executive Director
$67,865Pt VII · Sec A
$63,423Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Trustee - Left 4/20
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

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

NameFY2022FY2021FY2020
Mary Delaney$80,741$76,346$67,865
Emily Eskridge$68,352$66,922$63,423

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.

See Education Matters executive salaries →

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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 15aYes

Programs and updates

Removes barriers to education to inspire learning and strengthen communities.

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Provided by the organization

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3 programs · $513K · in their own filed words · FY2019
01

The Education Forward program is designed to meet students where they are to move their education forward. The program recognizes that earning a GED is a key step in entering the workforce, college, or a training program.

$249Kprogram expense
02

The English Connection program provides a safe, accepting environment that serves not only as an English for Speakers of Other Languages program, but also as a bridge into the community at large by providing the tools for communication necessary to access employment, essential services, and safe housing.

$200Kprogram expense
03

The Urban Appalachian Community Coalition (UACC) is a project supported by Education Matters to raise awareness of the Urban Appalachian community in greater Cincinnati. UACC performs research and conducts education programming on cultural awareness and Appalachian history.

$63Kprogram expense

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 · FY2022
Total grants receivedfrom 1 funder$7K
Grants paid · 3 grants · $151K · 2020–2021

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$581K
Ln 12
Gifts and grantsLn 1h$419K
Fees for servicesLn 2g$84K
Investment incomeLn 3$78K
Money outPt IX
$596K
Ln 25
Programscol B$513K
Managementcol C$42K
Fundraisingcol D$41K
Owns and owesPt X
$3.6M
net assets · Ln 32
Cash and savingsLn 1–2$296K
Total assetsLn 16$5.9M
LiabilitiesLn 26$2.3M
PeoplePt VI, VII
16
listed · VII A
PaidVII A2
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$419K
Fees for servicesLn 2g$84K
Investment incomeLn 3$78K
Other incomeLn 4–11$59
Total revenueLn 12$581K
Assets in detailPt X, end of year
CashLn 1$198K
SavingsLn 2$98K
Cash and savings togetherLn 1–2$296K
InvestmentsLn 11–13−$24K
Land, buildings, equipmentLn 10c$248K
Total assetsLn 16$5.9M
LiabilitiesLn 26$2.3M
Net assetsLn 32$3.6M
OperationsPt I, VI
EmployeesI 513
VolunteersI 626
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$166K$296K
InvestmentsLn 11–13$33K−$24K
Land, buildings, equipmentLn 10c$258K$248K
Total assetsLn 16$5.9M$5.9M
LiabilitiesLn 26$2.2M$2.3M
Net assetsLn 32$3.6M$3.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$145K$120K$12K$13K
Other salaries and wagesLn 7$142K$118K$12K$13K
Pension plan contributionsLn 8$9K$7K$734$654
Other employee benefitsLn 9$9K$8K$761$678
Payroll taxesLn 10$21K$18K$2K$2K
Legal feesLn 11b$1K$854$546
Accounting feesLn 11c$24K$21K$3K
Other fees for servicesLn 11g$69K$67K$3K
Advertising and promotionLn 12$2K$2K$129$157
Office expensesLn 13$11K$10K$522$522
OccupancyLn 16$82K$71K$5K$6K
TravelLn 17$4K$4K$55$10
Conferences, conventions and meetingsLn 19$1K$942$68$79
InterestLn 20$33K$29K$2K$2K
Depreciation, depletion and amortizationLn 22$14K$12K$813$1K
InsuranceLn 23$10K$9K$624$776
Other expenses (24a–d)Ln 24$17K$17K$312$315
Total functional expensesLn 25$596K$513K$42K$41K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 $3.5M$817K$2.7M$6.9M 990 PDF
FY2021 $597K$744K−$147K$3.4M 990 PDF
FY2020 Viewing $581K$596K−$15K$3.6M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $580,798 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $458,859$418,821
I-9 Program service revenuePrior year $70,959$84,276
I-10 Investment incomePrior year $77,633$77,642
I-11 Other revenuePrior year $0$59
I-12 Total revenuePrior year $607,451$580,798
I-13 Grants and similar amounts paidPrior year $1,000$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $315,107$326,337
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $218,715$269,287
I-18 Total expensesPrior year $534,822$595,624
I-19 Revenue less expensesPrior year $72,629−$14,826
Part VI · Governance 11 of 11 board members independent, no flags
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $580,798 across 6 lines filed
VIII-1f All other contributions, gifts and grants$418,821
VIII-1h Total contributions, gifts and grants$418,821
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $84,276$84,276
VIII-3 Investment incomeExcluded from tax $77,642$77,642
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $59$59
VIII-12 Total revenueRelated to mission $84,276 · Unrelated business $0 · Excluded from tax $77,701$580,798
Part IX · Statement of functional expenses $595,624 across 17 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $120,450 · Management $11,814 · Fundraising $13,138$145,402
IX-7 Other salaries and wagesPrograms $117,690 · Management $11,520 · Fundraising $13,094$142,304
IX-8 Pension plan contributionsPrograms $7,347 · Management $734 · Fundraising $654$8,735
IX-9 Other employee benefitsPrograms $7,617 · Management $761 · Fundraising $678$9,056
IX-10 Payroll taxesPrograms $17,529 · Management $1,750 · Fundraising $1,561$20,840
IX-11b Legal feesPrograms $854 · Management $546$1,400
IX-11c Accounting feesPrograms $20,680 · Management $2,820$23,500
IX-11g Other fees for servicesPrograms $66,588 · Management $2,668$69,256
IX-12 Advertising and promotionPrograms $1,843 · Management $129 · Fundraising $157$2,129
IX-13 Office expensesPrograms $10,299 · Management $522 · Fundraising $522$11,343
IX-16 OccupancyPrograms $71,338 · Management $4,951 · Fundraising $6,165$82,454
IX-17 TravelPrograms $3,619 · Management $55 · Fundraising $10$3,684
IX-19 Conferences, conventions and meetingsPrograms $942 · Management $68 · Fundraising $79$1,089
IX-20 InterestPrograms $28,735 · Management $1,994 · Fundraising $2,483$33,212
IX-22 Depreciation, depletion and amortizationPrograms $11,714 · Management $813 · Fundraising $1,012$13,539
IX-23 InsurancePrograms $8,978 · Management $624 · Fundraising $776$10,378
IX-24 Other expenses (24a–d)Programs $16,676 · Management $312 · Fundraising $315$17,303
IX-25 Total functional expensesPrograms $512,899 · Management $42,081 · Fundraising $40,644$595,624
Part X · Balance sheet $5,885,384 assets, 14 lines filed
Asset lines not itemized here account for $5,316,800; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $40,960$198,060
X-2 Savings and temporary cash investmentsStart of year $124,585$98,048
X-4 Accounts receivableStart of year $107,477$47,927
X-9 Prepaid expenses and deferred chargesStart of year $3,339$951
X-10c Land, buildings and equipment, netStart of year $258,261$248,063
X-12 Other securitiesStart of year $33,120−$24,465
X-16 Total assetsStart of year $5,884,542$5,885,384
X-17 Accounts payable and accrued expensesStart of year $16,995$23,892
X-25 Other liabilitiesStart of year $2,217,900$2,286,300
X-26 Total liabilitiesStart of year $2,234,895$2,310,192
X-27 Net assets without donor restrictionsStart of year $3,511,010$3,480,889
X-28 Net assets with donor restrictionsStart of year $138,637$94,303
X-32 Total net assets or fund balancesStart of year $3,649,647$3,575,192
X-33 Total liabilities and net assetsStart of year $5,884,542$5,885,384
Part XI · Reconciliation of net assets $3,575,192 net assets at year end
XI-1 Total revenue$580,798
XI-2 Total expenses$595,624
XI-3 Revenue less expenses−$14,826
XI-4 Net assets at start of year$3,649,647
XI-9 Other changes in net assets−$59,629
XI-10 Net assets at end of year$3,575,192

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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