Edventure More FY2020 filing

Tax-deductible

Berkeley, CA501(c)(3)Since 2004EducationEIN 77-0653711Revenue $2.1M in FY2020

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.
73¢ of each $1 spent went to programs.
$141K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2020 · 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
73%
of spending
Fine: 73% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$141K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.2 months of spending in cash; under 2 weeks.
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
$1.3M
406% of total assets
Concern: liabilities are 406% of assets; over 80%.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.1M
Spent
$2.8M
To programs
73%
Net assets
−$1.0M
By yearFY2020–FY2024
Revenue
$2.1M
FY2020
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
$2.8M
FY2020
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
−$1.0M
FY2020
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 FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

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

73 cents of each dollar spent went to programs.

Program services 73% · $2.0M Management & general 20% · $560K Fundraising 6% · $174K

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

5 people listed on the 990; $141K paid to officers and key staff.

Part VII, Section A · reportable compensation
$78,708Pt VII · Sec A
Executive Dir.
$62,084Pt VII · Sec A
$0Pt VII · Sec A
$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.

See Edventure More executive salaries →

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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
  • Loans to or from officersSch L · Pt II2 listed

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 · $2.0M · in their own filed words · FY2020
01

Edventure More offers hands-on equitable, high quality STEAM (science, technology, engineering, arts and math) and SEL (social and emotional learning) programs in person and online. Our goal is to maintain high quality programming for underserved communities by offering free and subsidized programs.

$2.0Mprogram 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 FY2020 990, line by line.

1The main four
Money inPt VIII
$2.1M
Ln 12
Fees for servicesLn 2g$1.2M
Gifts and grantsLn 1h$927K
Investment incomeLn 3$505
Money outPt IX
$2.8M
Ln 25
Programscol B$2.0M
Managementcol C$560K
Fundraisingcol D$174K
Owns and owesPt X
−$1.0M
net assets · Ln 32
Cash and savingsLn 1–2$42K
Total assetsLn 16$329K
LiabilitiesLn 26$1.3M
PeoplePt VI, VII
5
listed · VII A
PaidVII A2
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$927K
Government grantsLn 1e$875K
Fees for servicesLn 2g$1.2M
Investment incomeLn 3$505
Gains on assetsLn 7$0
Total revenueLn 12$2.1M
Assets in detailPt X, end of year
CashLn 1$17K
SavingsLn 2$25K
Cash and savings togetherLn 1–2$42K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$2K
Other assetsLn 15$0
Total assetsLn 16$329K
LiabilitiesLn 26$1.3M
Net assetsLn 32−$1.0M
OperationsPt I, VI
EmployeesI 5508
VolunteersI 61
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$10K$42K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$2K$2K
Total assetsLn 16$203K$329K
LiabilitiesLn 26$568K$1.3M
Net assetsLn 32−$365K−$1.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$16$16
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$146K$73K$37K$36K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$1.4M$1.2M$150K$48K
Pension plan contributionsLn 8$11K$6K$3K$3K
Other employee benefitsLn 9$140K$115K$17K$8K
Payroll taxesLn 10$138K$113K$17K$8K
Management feesLn 11a$0
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$181K$181K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$10K$10K
Advertising and promotionLn 12$528K$475K$53K
Office expensesLn 13$5K$3K$491$982
Information technologyLn 14$2K$2K
RoyaltiesLn 15$0
OccupancyLn 16$109K$109K
TravelLn 17$5K$3K$494$990
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$9K$9K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$718$718
InsuranceLn 23$15K$15K
Other expenses (24a–d)Ln 24$246K$170K$53K$23K
All other expensesLn 24e−$150K−$122K−$22K−$6K
Total functional expensesLn 25$2.8M$2.0M$560K$174K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $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 Viewing $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 FY2020 990 (6 parts)
Part I · Summary $2,119,375 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $635,807$926,970
I-9 Program service revenuePrior year $4,046,575$1,193,677
I-10 Investment incomePrior year $2,638$505
I-11 Other revenuePrior year −$2,131−$1,777
I-12 Total revenuePrior year $4,682,889$2,119,375
I-13 Grants and similar amounts paid$16
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $3,243,551$1,798,184
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,850,576$962,496
I-18 Total expensesPrior year $5,094,127$2,760,696
I-19 Revenue less expensesPrior year −$411,238−$641,321
Part VI · Governance 4 of 4 board members independent, 3 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
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
Part VIII · Statement of revenue $2,119,375 across 10 lines filed
VIII-1e Government grants$875,459
VIII-1f All other contributions, gifts and grants$51,511
VIII-1h Total contributions, gifts and grants$926,970
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,193,677$1,193,677
VIII-3 Investment incomeExcluded from tax $505$505
VIII-5 Royalties$0
VIII-6 Net rental income or lossExcluded from tax −$1,777−$1,777
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $1,193,677 · Excluded from tax −$1,272$2,119,375
Part IX · Statement of functional expenses $2,760,696 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $16$16
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $73,212 · Management $37,470 · Fundraising $35,741$146,423
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $1,164,773 · Management $149,971 · Fundraising $47,671$1,362,415
IX-8 Pension plan contributionsPrograms $5,603 · Management $2,868 · Fundraising $2,735$11,206
IX-9 Other employee benefitsPrograms $115,051 · Management $17,325 · Fundraising $7,641$140,017
IX-10 Payroll taxesPrograms $113,494 · Management $17,091 · Fundraising $7,538$138,123
IX-11a Management fees$0
IX-11b Legal feesManagement $1,711$1,711
IX-11c Accounting feesManagement $181,300$181,300
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $10,000$10,000
IX-12 Advertising and promotionPrograms $474,871 · Fundraising $52,763$527,634
IX-13 Office expensesPrograms $3,438 · Management $491 · Fundraising $982$4,911
IX-14 Information technologyManagement $1,585$1,585
IX-15 Royalties$0
IX-16 OccupancyManagement $109,093$109,093
IX-17 TravelPrograms $3,463 · Management $494 · Fundraising $990$4,947
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestManagement $9,406$9,406
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationManagement $718$718
IX-23 InsurancePrograms $14,702$14,702
IX-24 Other expenses (24a–d)Programs $170,206 · Management $52,599 · Fundraising $23,423$246,228
IX-24e All other expensesPrograms −$121,747 · Management −$22,144 · Fundraising −$5,848−$149,739
IX-25 Total functional expensesPrograms $2,027,082 · Management $559,978 · Fundraising $173,636$2,760,696
Part X · Balance sheet $329,180 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $7,302$16,676
X-2 Savings and temporary cash investmentsStart of year $2,551$25,019
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $35,641$15,000
X-8 Inventories for sale or useStart of year $21,983$0
X-9 Prepaid expenses and deferred chargesStart of year $133,054$270,889
X-10c Land, buildings and equipment, netStart of year $2,314$1,596
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $202,845$329,180
X-17 Accounts payable and accrued expensesStart of year $299,489$506,862
X-19 Deferred revenueStart of year $115,016$568,299
X-24 Unsecured notes and loans payable$200,000
X-26 Total liabilitiesStart of year $567,505$1,335,161
X-27 Net assets without donor restrictionsStart of year −$364,660−$1,005,981
X-32 Total net assets or fund balancesStart of year −$364,660−$1,005,981
X-33 Total liabilities and net assetsStart of year $202,845$329,180
Part XI · Reconciliation of net assets −$1,005,981 net assets at year end
XI-1 Total revenue$2,119,375
XI-2 Total expenses$2,760,696
XI-3 Revenue less expenses−$641,321
XI-4 Net assets at start of year−$364,660
XI-10 Net assets at end of year−$1,005,981

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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