Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2020.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
100 cents of each dollar spent went to programs.
Form 990 Part IX, line 25. 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; $372K paid to officers and key staff.
Compensation history total reportable pay by year · 3 named individuals · Part VII
| Name | FY2023 | FY2020 |
|---|---|---|
| Taewook Kang | $212,308 | — |
| Myanna Dellinger | $160,000 | — |
| Rhea Sanchez | — | $68,197 |
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 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Provides free adult literacy apps for reading and math to close the global literacy gap.
Questions for Einstrong Foundation
Your first name shows with your question. Einstrong Foundation answers here, for everyone.
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To help close the world wide literacy gap by providing free access to reading and numeracy curriculum via adult literacy APPS.PROVIDED monthly monetary assistance to individuals and families in compelling need, and contribute and foster social development to lift people out of the poverty cycle through education.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $11K | $102K |
| Land, buildings, equipmentLn 10c | $0 | $4K |
| Total assetsLn 16 | $311K | $1.0M |
| LiabilitiesLn 26 | $6K | $11K |
| Net assetsLn 32 | $305K | $1.0M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $144K | $144K | ||
| Grants and assistance to foreign recipientsLn 3 | $6K | $6K | ||
| Other salaries and wagesLn 7 | $451K | $451K | ||
| Pension plan contributionsLn 8 | $3K | $3K | ||
| Other employee benefitsLn 9 | $35K | $35K | ||
| Payroll taxesLn 10 | $32K | $32K | ||
| Legal feesLn 11b | $10K | $10K | ||
| Accounting feesLn 11c | $1K | $1K | ||
| Other fees for servicesLn 11g | $82K | $82K | ||
| Advertising and promotionLn 12 | $742 | $742 | ||
| Office expensesLn 13 | $1K | $1K | ||
| Information technologyLn 14 | $3K | $3K | ||
| OccupancyLn 16 | $2K | $2K | ||
| TravelLn 17 | $19K | $19K | ||
| Depreciation, depletion and amortizationLn 22 | $1K | $1K | ||
| InsuranceLn 23 | $1K | $1K | ||
| Other expenses (24a–d)Ln 24 | $38K | $38K | ||
| Total functional expensesLn 25 | $831K | $831K | $0 | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $4.0M | $2.9M | $1.1M | $2.1M | 990 PDF |
| FY2023 Viewing | $1.5M | $831K | $702K | $1.0M | 990 PDF |
| FY2022 | $748K | $460K | $288K | $305K | 990 PDF |
| FY2021 | $21K | $17K | 990 PDF | ||
| FY2020 | $118K | $5K | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $1,532,850 revenue, 12 lines filed
Part VI · Governance 3 of 3 board members independent, 5 to look at
Part VIII · Statement of revenue $1,532,850 across 3 lines filed
Part IX · Statement of functional expenses $831,072 across 17 lines filed
Part X · Balance sheet $1,017,942 assets, 10 lines filed
Part XI · Reconciliation of net assets $1,006,804 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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