Educare EIN 83-1137971 Form 990 (PDF) Claim this org

Educare FY2020 filing

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Promotes fair justice through leadership, education, and recovery support for communities and offenders. For fiscal year 2020 it reported $457K in revenue, $451K in expenses, and $72K in net assets.Pt I

Type
Public charity (501(c)(3)) · Mental Health
Location
Franklin, TN
Filings
5 on file (2020–2020)
Revenue
$457KFY2020
Expenses
$451K
Net assets
$72K
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  83-1137971 Public charity (501(c)(3)) Franklin, TN
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Promotes fair justice through leadership, education, and recovery support for communities and offenders.
Leadership
Steven R Murff · Executive Dir. · $60K
Money in and out
$457K revenue, $451K expenses
Bottom line
90% program efficiency
Where the money goes · FY2020
Total revenue
$457K
Pt VIII · Ln 12
Total expenses
$451K
Pt IX · Ln 25
Net assets
$72K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $6K
Where spending went · Part IX cols B–D
Program services $0.90 Management & general $0.10
Program efficiency
90%
of spending reaches programs
Operating runway
1.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+1%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$457K
FY2020
Expenses
$451K
FY2020
Total assets
$72K
FY2020
Total liabilities
$0
FY2020
Total revenue
$457K
Pt VIII · Ln 12
Total expenses
$451K
Pt IX · Ln 25
Net assets
$72K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$6K
Total assetsPt X · Ln 16$72K
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEducare
EINHdr · item D83-1137971
Principal addressHdr · item CFranklin, TN
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFMental Health (F20)
Ruling yearIRS BMFSep 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Dir.
$60,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President, Trea
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A

Steven R Murff’s $93K as Executive Dir. is at the 80th percentile of top reported officer pay among 2082 $100K–1M mental health 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 · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Steven R Murff$93,126$79,771$77,250$73,750$60,000

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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Mission & Programs · Part III

Where the work happens

1 program service account for $404K of program spending, described in the organization's own filed words · FY2020.
01

2020 was a unique year for Educare with Covid#19. The non-profit had to use tele-services to provide Progam services to the communities they service. Educare was able to expand its services in the mental health and behavior areas into Hickman, Marshall and Davidson Counties.

$404Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$257K · 56%
Program service revenue$199K · 44%
Contributions & grants56%$257K
Program service revenue44%$199K
Investment income$66
Other revenue$309
— government grantsLn 1e$250K
Total revenueLn 12$457K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Management & general $0.10
Program services90%$404K
Management & general10%$47K
Total functional expensesLn 25$451K

Balance Sheet

Part X · end of year
CashLn 1$70K
Total assetsLn 16$72K
Total liabilitiesLn 26$0
Total net assetsLn 32$72K
Months of cash on handcomputed1.9

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $70K · Operating expenses/yr $451K
1.9 months
Where the money goes
Program services
Program services $404K · Total expenses $451K
90%
Management & General
Management & general $47K · Total expenses $451K
10%
Fundraising
Fundraising $0 · Total expenses $451K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $7K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $257K · Total revenue $457K
56%
Government reliance
Government grants $250K · Total revenue $457K
55%
Earned-income share
Program service revenue $199K · Total revenue $457K
44%
Investment reliance
Investment income $66 · Total revenue $457K
+0.01%
Program self-sufficiency
Program service revenue $199K · Total expenses $451K
44%
Growth & trend
Revenue growth (YoY)
This year $457K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $72K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $457K · Expenses $451K
+1%
Liabilities-to-Assets
Total liabilities — · Total assets $72K
Net-asset ratio
Net assets $72K · Total assets $72K
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) $72K
0%
People & payroll
Highest Reported Total Compensation
Individual Steven R Murff · Reported title Executive Dir. · Highest reported compensation $60K · Total expenses $451K
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $275K · Total expenses $451K
61%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 90%
Overhead ratio 10%
Fundraising cost ratio 0%
Investment management fee ratio 0%
Legal fee ratio 1.0%
Accounting fee ratio 2%
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 · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$16K

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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 (Latest)$662K revenue · ⤓ 990 PDF
FY2023$474K revenue · ⤓ 990 PDF
FY2022$480K revenue · ⤓ 990 PDF
FY2021$479K revenue · ⤓ 990 PDF
FY2020$457K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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