Edukenya EIN 27-1151817 Form 990 (PDF) Claim this org

Edukenya FY2022 filing

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Provides quality education and support to children and families in Nairobi's Mathare slum. For fiscal year 2022 it reported $679K in revenue, $1.0M in expenses, and $666K in net assets.Pt I

Type
Public charity (501(c)(3)) · International
Location
Nolensville, TN
Website
www.edukenya.org
Filings
5 on file (2020–2022)
Revenue
$679KFY2022
Expenses
$1.0M
Net assets
$666K
People
10
Filings
5
Updates
0
More identity details & actions ⌄
EIN  27-1151817 Public charity (501(c)(3)) Nolensville, TN
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Provides quality education and support to children and families in Nairobi's Mathare slum.
Leadership
Adam Gould · Executive Director · $90K
Money in and out
$679K revenue, $1.0M expenses
Bottom line
75% program efficiency
Where the money goes · FY2022
Total revenue
$679K
Pt VIII · Ln 12
Total expenses
$1.0M
Pt IX · Ln 25
Net assets
$666K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$345K
Where spending went · Part IX cols B–D
Program services $0.75 Management & general $0.17 Fundraising $0.08
Program efficiency
75%
of spending reaches programs
Operating runway
8.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
-51%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$679K
FY2022▼ -58%
Expenses
$1.0M
FY2022▲ +42%
Total assets
$753K
FY2022▼ -28%
Total liabilities
$87K
FY2022▲ +117%
Total revenue
$679K
Pt VIII · Ln 12
Total expenses
$1.0M
Pt IX · Ln 25
Net assets
$666K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$345K
Total assetsPt X · Ln 16$753K
Program-expense ratioPt IX · col B75%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 47

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEdukenya
EINHdr · item D27-1151817
Principal addressHdr · item CNolensville, TN
WebsiteHdr · item Jwww.edukenya.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q30)
Ruling yearIRS BMFMar 2010

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$90,000Pt VII · Sec A
Administrative Director
$75,000Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Board Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Adam Gould’s $90K as Executive Director is at the 77th percentile of top reported officer pay among 1637 $100K–1M 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
Adam Gould$90,000$90,000$90,000$75,417$59,583
Emilie Goggans$75,000$75,000$75,000$63,662$46,916

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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Mission & Programs · Part III

Where the work happens

2 program services account for $737K of program spending, described in the organization's own filed words · FY2022.
01

Mawewa and Chelezo Schools

In 2022 Kenya schools continued on an adjusted calendar due to the closures during the COVID-19 pandemic. The teachers worked diligently to aid students in Pre-K through Grade 12 as they continued to recover from the learning loss that occurred during the long school break.

$709Kprogram expense
02

Community Sustainability Program

The eduKenya families were faced with economic challenges during 2022 as the Kenya Shilling continued to decline and supply issues affected the global community. eduKenya staff continued to step in as necessary and aid families in need.

$29Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$674K · 99%
Investment income$4K · 1%
Contributions & grants99%$674K
Investment income1%$4K
Total revenueLn 12$679K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.75 Management & general $0.17 Fundraising $0.08
Program services75%$771K
Management & general17%$172K
Fundraising8%$80K
Total functional expensesLn 25$1.0M

Balance Sheet

Part X · end of year
CashLn 1$725K
Total assetsLn 16$753K
Total liabilitiesLn 26$87K
Total net assetsLn 32$666K
Months of cash on handcomputed8.5

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $725K · Operating expenses (Pt IX) $1.0M · Less non-cash grants $4K · Cash operating expenses/yr $1.0M
8.5 months
Where the money goes
Program services
Program services $771K · Total expenses $1.0M
75%
Management & General
Management & general $172K · Total expenses $1.0M
17%
Fundraising
Fundraising $80K · Total expenses $1.0M
8%
Cost to raise $1
Fundraising expense (3-yr avg) $72K · Solicited contributions (3-yr avg) $994K
$0.07 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $674K · Total revenue $679K
99%
Government reliance
Government grants $0 · Total revenue $679K
0%
Earned-income share
Program service revenue $0 · Total revenue $679K
0%
Investment reliance
Investment income $4K · Total revenue $679K
+0.7%
Program self-sufficiency
Program service revenue $0 · Total expenses $1.0M
0%
Growth & trend
Revenue growth (YoY)
This year $679K · Prior year $1.6M
-58%
Net-asset trend (YoY)
End of year $666K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $679K · Expenses $1.0M
-51%
Liabilities-to-Assets
Total liabilities — · Total assets $753K
Net-asset ratio
Net assets $666K · Total assets $753K
88%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $753K
0%
People & payroll
Highest Reported Total Compensation
Individual Adam Gould · Reported title Executive Director · Highest reported compensation $90K · Total expenses $1.0M
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $225K · Total expenses $1.0M
22%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 75%
Overhead ratio 17%
Fundraising cost ratio 12%
Revenue growth -58%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%
Fundraising fee ratio 0%

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 · FY2024
Total grants receivedfrom 4 funders$80K
See all 4 funders →

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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 (Latest)$929K revenue · ⤓ 990 PDF
FY2023$794K revenue · ⤓ 990 PDF
FY2022$679K revenue · viewing · ⤓ 990 PDF
FY2021$1.6M revenue · ⤓ 990 PDF
FY2020$719K 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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