E3 Educate Empower Elevate EIN 85-4237427

E3 Educate Empower Elevate

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Educates, empowers, and elevates Black and Brown families in the South to exercise their collective agency. For fiscal year 2024 it reported $206K in revenue, $322K in expenses, and $-30K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Charleston, SC
Website
www.thee3group.com
Filings
4 on file (2021–2024)
Revenue
$206KFY2024
Expenses
$322K
Net assets
$-30K
People
6
Filings
4
Updates
0
More identity details & actions ⌄
EIN  85-4237427 Public charity (501(c)(3)) Charleston, SC
Form 990 (PDF)
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Size
$100K–1M
What they do
Educates, empowers, and elevates Black and Brown families in the South to exercise their collective agency.
Leadership
Audrey Ks Lane · Executive Director · $49K
Money in and out
$206K revenue, $322K expenses
Bottom line
70% program efficiency
Where the money goes · FY2024
Total revenue
$206K
Pt VIII · Ln 12
Total expenses
$322K
Pt IX · Ln 25
Net assets
$-30K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$115K
Where spending went · Part IX cols B–D
Program services $0.70 Management & general $0.18 Fundraising $0.11
Program efficiency
70%
of spending reaches programs▲ +5% vs prior filing year
Operating runway
0.5mo
months of highly liquid reserves at operating expense rate▼ -44% vs prior filing year
Surplus margin
-56%
revenue over expenses, this year▲ +10% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$206K
FY2024▼ -50%
Expenses
$322K
FY2024▼ -52%
Total assets
$15K
FY2024▼ -85%
Total liabilities
$44K
FY2024▲ +279%
Total revenue
$206K
Pt VIII · Ln 12
Total expenses
$322K
Pt IX · Ln 25
Net assets
$-30K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$115K
Total assetsPt X · Ln 16$15K
Program-expense ratioPt IX · col B70%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

3 program services account for $170K of program spending, described in the organization's own filed words · FY2024.
01

Pro-Truth Sc

Since summer 2021, e3 foundation has worked diligently with the naacp legal defense fund (LDF), aclu of south carolina, lowcountry black parents association, wren, jewish federation, and other partner organizations, advocates, and community members to strategize, organize, and educate the public about south carolina's legislative actions…

$68Kprogram expense
02

Freedom Schools

The CDF freedom schools program traces its roots to the mississippi freedom summer project of 1964, when college students from across the nation traveled to mississippi to advance justice and voting rights for black citizens.

$57Kprogram expense
03

Movement 400

Movement 400 is a collaboration of educators, parents, students, faith-based organizations, community leaders, and concerned citizens committed to ensuring that every child in the charleston region hasaccess to a high-quality public education free from systemic racism and DISCRIMINATION.THE e3 foundation serves as the backbone…

$45Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CE3 Educate Empower Elevate
EINHdr · item D85-4237427
Principal addressHdr · item CCharleston, SC
WebsiteHdr · item Jwww.thee3group.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MSC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B99)
Ruling yearIRS BMFJan 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
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 Director
$49,359Pt VII · Sec A
Board Member/Prog Dr
$49,359Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Audrey Ks Lane’s $49K as Executive Director is at the 41st percentile of top reported officer pay among 1616 $100K–1M 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Audrey Ks Lane$49,359$139,999$23,334$58,333
Latisha Vaughn$49,359$139,999$23,333$30,000

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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Statement of Revenue

Part VIII
Contributions & grants100%$206K
Investment income$20
Total revenueLn 12$206K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.70 Management & general $0.18 Fundraising $0.11
Program services70%$227K
Management & general18%$59K
Fundraising11%$37K
Total functional expensesLn 25$322K

Balance Sheet

Part X · end of year
CashLn 1$14K
Total assetsLn 16$15K
Total liabilitiesLn 26$44K
Total net assetsLn 32$-30K
Months of cash on handcomputed0.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $14K · Operating expenses/yr $322K
0.5 months
Where the money goes
Program services
Program services $227K · Total expenses $322K
70%
Management & General
Management & general $59K · Total expenses $322K
18%
Fundraising
Fundraising $37K · Total expenses $322K
11%
Cost to raise $1
Fundraising expense (3-yr avg) $62K · Solicited contributions (3-yr avg) $353K
$0.17 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $206K · Total revenue $206K
100%
Government reliance
Government grants — · Total revenue $206K
Earned-income share
Program service revenue $0 · Total revenue $206K
0%
Investment reliance
Investment income $20 · Total revenue $206K
<0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $322K
0%
Growth & trend
Revenue growth (YoY)
This year $206K · Prior year $414K
-50%
Net-asset trend (YoY)
End of year $-30K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $206K · Expenses $322K
-56%
Liabilities-to-Assets
Total liabilities — · Total assets $15K
Net-asset ratio
Net assets $-30K · Total assets $15K
-201%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $15K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Audrey Ks Lane · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $49K · Total expenses $322K
15%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $222K · Total expenses $322K
69%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 70%
Overhead ratio 18%
Fundraising cost ratio 18%
Revenue growth -50%
Legal fee ratio 2%
Accounting fee ratio 4%

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 · received and paid
Grants received · FY2024
See all 7 funders →
Grants paid · 1 grant · $6K · 2023–2023

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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)$206K revenue · viewing · ⤓ 990 PDF
FY2023$414K revenue · ⤓ 990 PDF
FY2022$439K revenue · ⤓ 990 PDF
FY2021$514K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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