Edventure More

Tax-deductible

Berkeley, CA501(c)(3)Since 2004EducationEIN 77-0653711Revenue $17.7M in FY2024

On file with the IRSedventuremore.orgPo Box 3244, 94703-0244 · Berkeley, CATax-exempt since Feb 2005Publicly supported — 509(a)(2)

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Edventure More provides equitable access to out-of-school learning opportunities designed to help every person cultivate a sense of self, own their impact and show up in the world with curiosity, courage and kindness.

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
Run by 1 volunteers and 508 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $560K a year · 5% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$670K
to officers and key staff · 4% of spending
Top officer’s pay lower than 64% of similar orgs
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $44K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$3.1M
56% of total assets
Fine: liabilities are 56% of assets; 50% to 65%.
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
$17.7M
+27% vs prior year
Spent
$17.3M
To programs
91%
Net assets
$2.4M
By yearFY2020–FY2024
Revenue
$17.7M
FY2024▲ +27%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.1M
FY2021$7.3M
FY2022$10.4M
FY2023$14.0M
FY2024$17.7M
Expenses
$17.3M
FY2024▲ +33%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.8M
FY2021$5.9M
FY2022$9.7M
FY2023$13.0M
FY2024$17.3M
Net assets
$2.4M
FY2024▲ +23%
Tap a bar for its year
Net assets by fiscal year
FY2020−$1.0M
FY2021$363K
FY2022$1.0M
FY2023$2.0M
FY2024$2.4M

From the FY2024 Form 990 · 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: FY2024. IRS ruling in Feb 2005.

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

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $15.8M Management & general 6% · $963K Fundraising 3% · $510K

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

9 people listed on the 990; $670K paid to officers and key staff.

Part VII, Section A · reportable compensation
Chief Executive Officer
$199,000Pt VII · Sec A
Executive Director
$199,000Pt VII · Sec A
Chief Financial Officer
$140,971Pt VII · Sec A
Chief Programs Officer
$130,529Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Eduardo Caballero’s $199K as Executive Director is at the 36th 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 · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Eduardo Caballero$199,000$197,178$148,063$180,416$62,084
Sharon Mor$199,000$191,230$158,680$137,417$78,708
Ai Le$140,971$124,716———
Courtney Cimoli$130,529$121,838———
Courtney M Cimoli———$109,600—

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

Offers learning programs to help people discover themselves, make a difference, and act with curiosity and kindness.

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Provided by the organization

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1 program · $15.8M · in their own filed words · FY2024
01

Edventuremore offers hands-on equitable, high quality steam (science, technology, engineering, arts and math) and sel (social and emotional learning) programs our goal is to maintain high quality programming for underserved communities by offering free and subsidized education programs for kids while simultaneously building and…

$15.8Mprogram 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 · FY2024
Total grants receivedfrom 3 funders$44K
See all 3 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$17.7M
Ln 12
Fees for servicesLn 2g$17.7M
Gifts and grantsLn 1h$48K
Investment incomeLn 3$3K
Money outPt IX
$17.3M
Ln 25
Programscol B$15.8M
Managementcol C$963K
Fundraisingcol D$510K
Owns and owesPt X
$2.4M
net assets · Ln 32
Cash and savingsLn 1–2$2.2M
Total assetsLn 16$5.6M
LiabilitiesLn 26$3.1M
PeoplePt VI, VII
9
listed · VII A
PaidVII A4
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$48K
Fees for servicesLn 2g$17.7M
Investment incomeLn 3$3K
Total revenueLn 12$17.7M
Assets in detailPt X, end of year
CashLn 1$2.1M
SavingsLn 2$80K
Cash and savings togetherLn 1–2$2.2M
Land, buildings, equipmentLn 10c$501K
Other assetsLn 15$327K
Total assetsLn 16$5.6M
LiabilitiesLn 26$3.1M
Net assetsLn 32$2.4M
OperationsPt I, VI
EmployeesI 5508
VolunteersI 61
Fiscal year endsHeaderDecember
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 FY24End FY24
Cash and savingsLn 1–2$860K$2.2M
Land, buildings, equipmentLn 10c$563K$501K
Total assetsLn 16$3.6M$5.6M
LiabilitiesLn 26$1.6M$3.1M
Net assetsLn 32$2.0M$2.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$670K$131K$340K$199K
Other salaries and wagesLn 7$12.0M$11.5M$300K$191K
Pension plan contributionsLn 8$90K$58K$22K$11K
Other employee benefitsLn 9$709K$645K$46K$18K
Payroll taxesLn 10$1.1M$994K$48K$29K
Legal feesLn 11b$13K$13K
Accounting feesLn 11c$36K$36K
Other fees for servicesLn 11g$150K$132K$918$18K
Advertising and promotionLn 12$11K$7K$4K
Office expensesLn 13$25K$18K$5K$2K
TravelLn 17$54K$42K$172$12K
Conferences, conventions and meetingsLn 19$12K$6K$6K
InterestLn 20$28K$28K
Depreciation, depletion and amortizationLn 22$63K$63K
InsuranceLn 23$111K$60K$52K
Other expenses (24a–d)Ln 24$1.9M$1.9M$57K$9K
All other expensesLn 24e$281K$254K$15K$12K
Total functional expensesLn 25$17.3M$15.8M$963K$510K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $17.7M$17.3M$468K$2.4M 990 PDF
FY2023 $14.0M$13.0M$943K$2.0M 990 PDF
FY2022 $10.4M$9.7M$660K$1.0M 990 PDF
FY2021 $7.3M$5.9M$1.4M$363K 990 PDF
FY2020 $2.1M$2.8M−$641K−$1.0M 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 FY2024 990 (6 parts)
Part I · Summary $17,749,381 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $9,567$48,072
I-9 Program service revenuePrior year $13,956,977$17,698,581
I-10 Investment incomePrior year $6,105$2,728
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $13,972,649$17,749,381
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 $10,466,136$14,578,087
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,563,461$2,703,485
I-18 Total expensesPrior year $13,029,597$17,281,572
I-19 Revenue less expensesPrior year $943,052$467,809
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 $17,749,381 across 5 lines filed
VIII-1f All other contributions, gifts and grants$48,072
VIII-1h Total contributions, gifts and grants$48,072
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $17,698,581$17,698,581
VIII-3 Investment incomeRelated to mission $2,728$2,728
VIII-12 Total revenueRelated to mission $17,701,309 · Unrelated business $0 · Excluded from tax $0$17,749,381
Part IX · Statement of functional expenses $17,281,572 across 17 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $130,529 · Management $339,971 · Fundraising $199,000$669,500
IX-7 Other salaries and wagesPrograms $11,547,643 · Management $300,242 · Fundraising $190,670$12,038,555
IX-8 Pension plan contributionsPrograms $57,945 · Management $21,665 · Fundraising $10,768$90,378
IX-9 Other employee benefitsPrograms $645,006 · Management $46,027 · Fundraising $17,819$708,852
IX-10 Payroll taxesPrograms $993,906 · Management $47,941 · Fundraising $28,955$1,070,802
IX-11b Legal feesManagement $13,304$13,304
IX-11c Accounting feesManagement $35,925$35,925
IX-11g Other fees for servicesPrograms $131,878 · Management $918 · Fundraising $17,702$150,498
IX-12 Advertising and promotionPrograms $6,814 · Fundraising $4,195$11,009
IX-13 Office expensesPrograms $17,503 · Management $5,463 · Fundraising $1,909$24,875
IX-17 TravelPrograms $42,147 · Management $172 · Fundraising $11,771$54,090
IX-19 Conferences, conventions and meetingsPrograms $5,575 · Fundraising $6,256$11,831
IX-20 InterestManagement $28,393$28,393
IX-22 Depreciation, depletion and amortizationPrograms $62,600$62,600
IX-23 InsurancePrograms $59,641 · Management $51,810$111,451
IX-24 Other expenses (24a–d)Programs $1,852,809 · Management $56,746 · Fundraising $9,267$1,918,822
IX-24e All other expensesPrograms $254,240 · Management $14,897 · Fundraising $11,550$280,687
IX-25 Total functional expensesPrograms $15,808,236 · Management $963,474 · Fundraising $509,862$17,281,572
Part X · Balance sheet $5,555,893 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $597,473$2,134,373
X-2 Savings and temporary cash investmentsStart of year $262,950$80,038
X-4 Accounts receivableStart of year $1,731,181$2,320,331
X-9 Prepaid expenses and deferred chargesStart of year $334,437$193,525
X-10c Land, buildings and equipment, netStart of year $563,400$500,800
X-15 Other assetsStart of year $63,399$326,826
X-16 Total assetsStart of year $3,552,840$5,555,893
X-17 Accounts payable and accrued expensesStart of year $797,425$861,964
X-19 Deferred revenueStart of year $576,266$1,783,544
X-24 Unsecured notes and loans payableStart of year $150,000$150,000
X-25 Other liabilitiesStart of year $64,105$333,629
X-26 Total liabilitiesStart of year $1,587,796$3,129,137
X-27 Net assets without donor restrictionsStart of year $1,965,044$2,426,756
X-32 Total net assets or fund balancesStart of year $1,965,044$2,426,756
X-33 Total liabilities and net assetsStart of year $3,552,840$5,555,893
Part XI · Reconciliation of net assets $2,426,756 net assets at year end
XI-1 Total revenue$17,749,381
XI-2 Total expenses$17,281,572
XI-3 Revenue less expenses$467,809
XI-4 Net assets at start of year$1,965,044
XI-9 Other changes in net assets−$6,097
XI-10 Net assets at end of year$2,426,756

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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