Education Evolving EIN 47-3761921

Education Evolving FY2021 filing

EIN  47-3761921 Public charity (501(c)(3)) Minneapolis, MN
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Verified accurate 9/1/26 · see original filing: IRS
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Size
$1–10M
What they do
Empowering teachers to innovate and lead schools for personalized student learning.
Leadership
Curtis Johnson · Board Member
Money in and out
$832K revenue, $686K expenses
Bottom line
91% program efficiency

Empowering teachers to innovate and lead schools for personalized student learning. For fiscal year 2021 it reported $832K in revenue, $686K in expenses, and $319K in net assets.Pt I

Where the money goes · FY2021
Total revenue
$832K
Pt VIII · Ln 12
Total expenses
$686K
Pt IX · Ln 25
Net assets
$319K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $146K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.06 Fundraising $0.02
Program efficiency
91%
of spending reaches programs
Operating runway
7.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+18%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$832K
FY2021▲ +75%
Expenses
$686K
FY2021▲ +50%
Total assets
$446K
FY2021▲ +55%
Total liabilities
$127K
FY2021▲ +10%
Total revenue
$832K
Pt VIII · Ln 12
Total expenses
$686K
Pt IX · Ln 25
Net assets
$319K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$146K
Total assetsPt X · Ln 16$446K
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

2 program services account for $628K of program spending, described in the organization's own filed words · FY2021.
01

Equitable, Student-Centered Innovation

Education evolving works to advance equitable, student-centered learning. We contribute ideas, stories, research, and analysis to inspire and equip changemakers; advance policies that shift power to school communities and clear barriers to innovation; and connect and support a core group of educators practicing student- centered learning…

$628Kprogram expense
02

Teacher-Powered Schools

Education evolving works to spread interest in and support for a model of school decision making where teachers call the shots about what matters for student success. We run communications campaigns, in particular over social media; develop materials and resources for teacher practitioners; weave network and gather teacher practitioners…

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEducation Evolving
EINHdr · item D47-3761921
Principal addressHdr · item CMinneapolis, MN
WebsiteHdr · item Jwww.educationevolving.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFJun 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Secretary /T
$0Pt VII · Sec A

Lars Esdal’s $105K as Executive Director is at the 35th percentile of top reported officer pay among 3393 $1–10M education 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 · 1 named individual · Part VII

NameFY2024FY2023
Lars Esdal$105,218$78,500

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 Evolving executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$822K · 99%
Program service revenue$11K · 1%
Contributions & grants99%$822K
Program service revenue1%$11K
Total revenueLn 12$832K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.06 Fundraising $0.02
Program services91%$628K
Management & general6%$43K
Fundraising2%$15K
Total functional expensesLn 25$686K

Balance Sheet

Part X · end of year
CashLn 1$443K
Total assetsLn 16$446K
Total liabilitiesLn 26$127K
Total net assetsLn 32$319K
Months of cash on handcomputed7.8

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $443K · Operating expenses/yr $686K
7.8 months
Where the money goes
Program services
Program services $628K · Total expenses $686K
91%
Management & General
Management & general $43K · Total expenses $686K
6%
Fundraising
Fundraising $15K · Total expenses $686K
2%
Cost to raise $1
Fundraising expense (2-yr avg) $9K · Solicited contributions (2-yr avg) $612K
$0.02 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $822K · Total revenue $832K
99%
Government reliance
Government grants — · Total revenue $832K
Earned-income share
Program service revenue $11K · Total revenue $832K
1%
Investment reliance
Investment income $0 · Total revenue $832K
0%
Program self-sufficiency
Program service revenue $11K · Total expenses $686K
2%
Growth & trend
Revenue growth (YoY)
This year $832K · Prior year $476K
+75%
Net-asset trend (YoY)
End of year $319K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $832K · Expenses $686K
+18%
Liabilities-to-Assets
Total liabilities — · Total assets $446K
Net-asset ratio
Net assets $319K · Total assets $446K
72%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $446K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Curtis Johnson · Reported title BOARD MEMBER · Highest reported compensation $0 · Total expenses $686K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $342K · Total expenses $686K
50%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 6%
Fundraising cost ratio 2%
Revenue growth 75%
Fundraising fee ratio 1%

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 · received and paid
Grants received · FY2024
New Schools FundFY2024$250K
Civic Affairs TrFY2024$173K
Total grants receivedfrom 5 funders$553K
See all 5 funders →
Grants paid · 1 grant · $500K · 2024–2024
Empower Schools INCMA · FY2024$500,000

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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)$255K revenue · ⤓ 990 PDF
FY2023$2.0M revenue · ⤓ 990 PDF
FY2022$1.1M revenue · ⤓ 990 PDF
FY2021$832K revenue · viewing · ⤓ 990 PDF
FY2020$476K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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