Educate Bwindi EIN 47-4260037

Educate Bwindi FY2023 filing

EIN  47-4260037 Public charity (501(c)(3)) Chicago, IL Founded 2015
Form 990 (PDF)
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Size
$100K–1M
What they do
Educates vulnerable Ugandan children to build better futures for themselves and their families.
Leadership
Lorna Gladstone · President
Money in and out
$231K revenue, $255K expenses
Bottom line
91% program efficiency

Educates vulnerable Ugandan children to build better futures for themselves and their families. For fiscal year 2023 it reported $231K in revenue, $255K in expenses, and $68K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$231K
Pt VIII · Ln 12
Total expenses
$255K
Pt IX · Ln 25
Net assets
$68K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$24K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.09 Fundraising $0.00
Program efficiency
91%
of spending reaches programs
Operating runway
3.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
-11%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$231K
FY2023▲ +40%
Expenses
$255K
FY2023▲ +50%
Total assets
$68K
FY2023▼ -26%
Total liabilities
$0
FY2023
Total revenue
$231K
Pt VIII · Ln 12
Total expenses
$255K
Pt IX · Ln 25
Net assets
$68K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$24K
Total assetsPt X · Ln 16$68K
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

3 program services account for $231K of program spending, described in the organization's own filed words · FY2022.
01

We helped to support the operations of Bwindi Watoto elementary school through financial assistance for operation and infrastructure, as well as administrative and technical support through volunteers.

$177Kprogram expense
02

We helped to support more than forty graduates of the school in obtaining secondary and post-secondary education through support given to Bwindi Community Program and through the administration of Bwindi Watoto School.

$54Kprogram expense
03

The Ugandan government has determined that all Ugandan teachers must quickly receive substantial additional training. Educate Bwindi has arranged with a Ugandan organization, Educate Bwindi Uganda, to support tuition for the best Bwindi Watoto School teachers to obtain additional training during school breaks.

$775program expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEducate Bwindi
EINHdr · item D47-4260037
Principal addressHdr · item CChicago, IL
WebsiteHdr · item Jwww.educatebwindi.org
Year of formationHdr · item L2015
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B12)
Ruling yearIRS BMFFeb 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
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 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 (FY2022); the FY2023 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$230K
Investment income$893
Total revenueLn 12$231K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.09 Fundraising $0.00
Program services91%$231K
Management & general9%$23K
Fundraising$233
Total functional expensesLn 25$255K

Balance Sheet

Part X · end of year
CashLn 1$65K
Total assetsLn 16$68K
Total liabilitiesLn 26$0
Total net assetsLn 32$68K
Months of cash on handcomputed3.1

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $65K · Operating expenses/yr $255K
3.1 months
Where the money goes
Program services
Program services $231K · Total expenses $255K
91%
Management & General
Management & general $23K · Total expenses $255K
9%
Fundraising
Fundraising $233 · Total expenses $255K
0.09%
Cost to raise $1
Fundraising expense (3-yr avg) $144 · Solicited contributions (3-yr avg) $196K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $230K · Total revenue $231K
100%
Government reliance
Government grants $0 · Total revenue $231K
0%
Earned-income share
Program service revenue $0 · Total revenue $231K
0%
Investment reliance
Investment income $893 · Total revenue $231K
+0.4%
Program self-sufficiency
Program service revenue $0 · Total expenses $255K
0%
Growth & trend
Revenue growth (YoY)
This year $231K · Prior year $164K
+40%
Net-asset trend (YoY)
End of year $68K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $231K · Expenses $255K
-11%
Liabilities-to-Assets
Total liabilities — · Total assets $68K
Net-asset ratio
Net assets $68K · Total assets $68K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $68K
0%
People & payroll
Highest Reported Total Compensation
Individual Lorna Gladstone · Reported title President · Highest reported compensation $0 · Total expenses $255K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $255K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 9%
Fundraising cost ratio 0.1%
Revenue growth 40%
Investment management fee ratio 0%
Legal fee ratio 8%
Accounting fee ratio 0.4%
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 · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$37K
See all 3 funders →
Grants paid · 3 grants · $98K · 2020–2022
Bwindi Community Program INCAZ · FY2022$53,514
Bwindi Community Program INCAZ · FY2021$13,174
Bwindi Community Program INCAZ · FY2020$31,126

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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$338K revenue · ⤓ 990 PDF
FY2023$231K revenue · viewing · ⤓ 990 PDF
FY2022$164K revenue · ⤓ 990 PDF
FY2021$195K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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