Educational Leadership INC

Tax-deductible

Houston, TX501(c)(3)Since 1998EducationEIN 76-0577751Revenue $30.8M in FY2025

On file with the IRSswschools.org3333 Bering Dr Ste 200, 77057-6727 · Houston, TXTax-exempt since Jun 1999School — 170(b)(1)(A)(ii)

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Educational programs for students grades k-12.

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
Run by 7 volunteers and 271 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $987K a year · 4% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.9M
to officers and key staff · 7% of spending
Top officer’s pay lower than 52% of similar orgs
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$6.5M
41% of total assets
Looks good: liabilities are 41% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$30.8M
+11% vs prior year
Spent
$28.8M
To programs
80%
Net assets
$9.2M
By yearFY2020–FY2025
Revenue
$30.8M
FY2025▲ +11%
Tap a bar for its year
Revenue by fiscal year
FY2020$23.2M
FY2021$25.6M
FY2022$25.4M
FY2023$27.4M
FY2024$27.7M
FY2025$30.8M
Expenses
$28.8M
FY2025▲ +3%
Tap a bar for its year
Expenses by fiscal year
FY2020$21.6M
FY2021$23.2M
FY2022$25.4M
FY2023$27.2M
FY2024$28.1M
FY2025$28.8M
Net assets
$9.2M
FY2025▲ +27%
Tap a bar for its year
Net assets by fiscal year
FY2020$5.2M
FY2021$7.7M
FY2022$7.7M
FY2023$7.6M
FY2024$7.3M
FY2025$9.2M

From the FY2025 Form 990 (year ending August 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1999.

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

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $23.2M Management & general 20% · $5.7M

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

20 people listed on the 990; $1.9M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Superintendent
$235,788Pt VII · Sec A
Chief Academics Officer
$167,384Pt VII · Sec A
Chief Financial Officer
$159,828Pt VII · Sec A
Chief of Talent and Pd
$159,712Pt VII · Sec A
Chief of Staff Officer
$156,405Pt VII · Sec A
Fundraising and Development Officer
$151,193Pt VII · Sec A
Chief of Operations
$145,747Pt VII · Sec A
Teacher Development Specialist
$143,263Pt VII · Sec A

Felicia Adams’s $236K as Superintendent is at the 48th percentile of top reported officer pay among 3683 $10–100M 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 · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Felicia Adams$235,788$226,865$191,943———
Spyros Catechis$151,193$165,316$191,660$208,671$201,294$196,975
Uyen Nguyen$167,384$183,600$166,001———
Keri Fovargue PHD—$173,268————
Tracey Egan$159,828$167,266$139,363$109,411——
Claude Cox$159,712—————
Keri Fovargue$156,405—————
Michael Love$145,747—————

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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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 15aNo

Programs and updates

Provides educational programs for students in kindergarten through twelfth grade.

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Provided by the organization

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1 program · $23.2M · in their own filed words · FY2024
01

Assist in the development and implementation of student educational programs and staff training.

$23.2Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2020
Total grants receivedfrom 1 funder$10K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$30.8M
Ln 12
Fees for servicesLn 2g$26.0M
Gifts and grantsLn 1h$4.7M
Investment incomeLn 3$55K
Money outPt IX
$28.8M
Ln 25
Programscol B$23.2M
Managementcol C$5.7M
Owns and owesPt X
$9.2M
net assets · Ln 32
Cash and savingsLn 1–2$5.7M
Total assetsLn 16$15.7M
LiabilitiesLn 26$6.5M
PeoplePt VI, VII
20
listed · VII A
PaidVII A13
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.7M
Government grantsLn 1e$4.7M
Fees for servicesLn 2g$26.0M
Investment incomeLn 3$55K
Total revenueLn 12$30.8M
Assets in detailPt X, end of year
CashLn 1$2.6M
SavingsLn 2$3.1M
Cash and savings togetherLn 1–2$5.7M
Land, buildings, equipmentLn 10c$1.3M
Other assetsLn 15$4.6M
Total assetsLn 16$15.7M
LiabilitiesLn 26$6.5M
Net assetsLn 32$9.2M
OperationsPt I, VI
EmployeesI 5271
VolunteersI 67
Fiscal year endsHeaderAugust
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 FY25End FY25
Cash and savingsLn 1–2$4.6M$5.7M
Land, buildings, equipmentLn 10c$657K$1.3M
Total assetsLn 16$12.7M$15.7M
LiabilitiesLn 26$5.4M$6.5M
Net assetsLn 32$7.3M$9.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$1.4M$1.1M$283K
Other salaries and wagesLn 7$14.8M$11.8M$3.0M
Pension plan contributionsLn 8$2.0M$1.6M$395K
Other employee benefitsLn 9$1.6M$1.3M$322K
Payroll taxesLn 10$223K$178K$45K
Other fees for servicesLn 11g$2.0M$1.6M$399K
Office expensesLn 13$85K$68K$17K
OccupancyLn 16$3.6M$2.9M$714K
TravelLn 17$116K$93K$23K
InterestLn 20$16K$13K$3K
Depreciation, depletion and amortizationLn 22$131K$105K$26K
InsuranceLn 23$175K$140K$35K
Other expenses (24a–d)Ln 24$2.8M$2.3M$459K
Total functional expensesLn 25$28.8M$23.2M$5.7M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $30.8M$28.8M$1.9M$9.2M 990 PDF
FY2024 $27.7M$28.1M−$347K$7.3M 990 PDF
FY2023 $27.4M$27.2M$243K$7.6M 990 PDF
FY2022 $25.4M$25.4M$52K$7.7M 990 PDF
FY2021 $25.6M$23.2M$2.4M$7.7M 990 PDF
FY2020 $23.2M$21.6M$1.6M$5.2M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $30,791,748 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $6,165,896$4,739,210
I-9 Program service revenuePrior year $21,510,325$25,997,763
I-10 Investment incomePrior year $66,637$54,775
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $27,742,858$30,791,748
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $18,581,297$19,998,443
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $9,508,419$8,850,283
I-18 Total expensesPrior year $28,089,716$28,848,726
I-19 Revenue less expensesPrior year −$346,858$1,943,022
Part VI · Governance 7 of 7 board members independent, 1 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-15a Process for setting top official's payNo
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
Part VIII · Statement of revenue $30,791,748 across 6 lines filed
VIII-1e Government grants$4,726,910
VIII-1f All other contributions, gifts and grants$12,300
VIII-1h Total contributions, gifts and grants$4,739,210
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $25,997,763$25,997,763
VIII-3 Investment incomeExcluded from tax $54,775$54,775
VIII-12 Total revenueRelated to mission $25,997,763 · Unrelated business $0 · Excluded from tax $54,775$30,791,748
Part IX · Statement of functional expenses $28,848,726 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $1,133,382 · Management $283,346$1,416,728
IX-7 Other salaries and wagesPrograms $11,820,418 · Management $2,955,105$14,775,523
IX-8 Pension plan contributionsPrograms $1,578,456 · Management $394,614$1,973,070
IX-9 Other employee benefitsPrograms $1,288,456 · Management $322,114$1,610,570
IX-10 Payroll taxesPrograms $178,042 · Management $44,510$222,552
IX-11g Other fees for servicesPrograms $1,596,626 · Management $399,157$1,995,783
IX-13 Office expensesPrograms $68,365 · Management $17,091$85,456
IX-16 OccupancyPrograms $2,855,609 · Management $713,902$3,569,511
IX-17 TravelPrograms $92,669 · Management $23,167$115,836
IX-20 InterestPrograms $13,185 · Management $3,296$16,481
IX-22 Depreciation, depletion and amortizationPrograms $104,829 · Management $26,207$131,036
IX-23 InsurancePrograms $139,974 · Management $34,993$174,967
IX-24 Other expenses (24a–d)Programs $2,302,649 · Management $458,564$2,761,213
IX-25 Total functional expensesPrograms $23,172,660 · Management $5,676,066 · Fundraising $0$28,848,726
Part X · Balance sheet $15,720,824 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $121,502$2,561,223
X-2 Savings and temporary cash investmentsStart of year $4,442,427$3,095,892
X-3 Pledges and grants receivableStart of year $3,116,544$4,157,501
X-4 Accounts receivable$4,886
X-10c Land, buildings and equipment, netStart of year $657,136$1,334,931
X-15 Other assetsStart of year $4,317,900$4,566,391
X-16 Total assetsStart of year $12,655,509$15,720,824
X-17 Accounts payable and accrued expensesStart of year $809,867$1,256,472
X-25 Other liabilitiesStart of year $4,536,308$4,712,351
X-26 Total liabilitiesStart of year $5,367,247$6,489,540
X-27 Net assets without donor restrictionsStart of year $2,536,406$3,665,837
X-28 Net assets with donor restrictionsStart of year $4,751,856$5,565,447
X-32 Total net assets or fund balancesStart of year $7,288,262$9,231,284
X-33 Total liabilities and net assetsStart of year $12,655,509$15,720,824
Part XI · Reconciliation of net assets $9,231,284 net assets at year end
XI-1 Total revenue$30,791,748
XI-2 Total expenses$28,848,726
XI-3 Revenue less expenses$1,943,022
XI-4 Net assets at start of year$7,288,262
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$9,231,284

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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