Worcester Educational Development Foundation INC
Connects students and teachers with resources to enrich learning and advance equity in Worcester schools. For fiscal year 2024 it reported $641K in revenue, $833K in expenses, and $595K in net assets.Pt I
- Founded
- 2005
- Type
- Public charity (501(c)(3)) · Education
- Location
- Worcester, MA
- Website
- www.wedfwps.org
- Filings
- 4 on file (2021–2024)
More identity details & actions ⌄
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Summary of the Filing
Where the work happens
Science and technology programs includes procure equipment for vocational programs at the worcester technical high school and provide computers for graduating seniors through connected scholars.
Culture and arts programs including student concerts and other supports of arts and music programs. Curriculum-based field trips for 20,000+ students.
COLLEGE/CAREER readiness programs including educational programs, materials & supplies and scholarships.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
McHala Brophy’s $49K as Former Executive Director is at the 41st percentile of top reported officer pay among 1616 $100K–1M 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 · 2 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| McHala Brophy | $49,039 | $23,077 | — | — | — |
| Louise Clarke | — | — | $18,575 | $17,700 | $18,700 |
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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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 90% | — | — |
| Overhead ratio | 9% | — | — |
| Fundraising cost ratio | 2% | — | — |
| Revenue growth | -36% | — | — |
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
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Filings & Schedule Manifest
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Sources
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