E3 Educate Empower Elevate FY2022 filing

Charleston, SC · Public charity (501(c)(3)) · Education

✓ Tax-deductible Latest data FY2022
Revenue
$439K
▼ -15% vs prior year
Spent
$504K
To programs
79%
Net assets
$343K
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Form 990 for the fiscal year ending December 2022 (IRS tax year 2022).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
7 funders, incl. Annie E Casey Foundation INC
$148K in the latest grant year.
Spent on programs?
79% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
↓ -15% vs prior year
Legal name (IRS)Hdr · item CE3 Educate Empower Elevate
EINHdr · item D85-4237427
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJan 2022
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CCharleston, SC
NTEE classificationIRS BMFEducation (B99)
WebsiteHdr · item Jwww.thee3group.com

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.79 Management & general $0.12 Fundraising $0.09
Program services79%$397K
Management & general12%$63K
Fundraising9%$44K
Total functional expensesLn 25$504K

Financial health

Revenue & expenses by yearFY2021–FY2024
Revenue
$439K
FY2022▼ -15%
Expenses
$504K
FY2022▲ +376%
Program efficiency
79%
of spending reaches programs
Operating runway
8.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
-15%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total assets
$345K
FY2022▼ -16%
Total liabilities
$1K
FY2022▲ +6%
Revenue less expensesPt I · Ln 19−$65K
Total assetsPt X · Ln 16$345K
Program-expense ratioPt IX · col B79%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Balance Sheet

Part X · end of year
CashLn 1$345K
Total assetsLn 16$345K
Total liabilitiesLn 26$1K
Total net assetsLn 32$343K
Months of cash on handcomputed8.2

Statement of Revenue

Part VIII
Contributions & grants100%$439K
Total revenueLn 12$439K

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $345K · Operating expenses/yr $504K
8.2 months
Where the money goes
Program services
Program services $397K · Total expenses $504K
79%
Management & General
Management & general $63K · Total expenses $504K
12%
Fundraising
Fundraising $44K · Total expenses $504K
9%
Cost to raise $1
Fundraising expense (2-yr avg) $31K · Solicited contributions (2-yr avg) $477K
$0.07 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $439K · Total revenue $439K
100%
Government reliance
Government grants — · Total revenue $439K
—
Earned-income share
Program service revenue $0 · Total revenue $439K
0%
Investment reliance
Investment income $0 · Total revenue $439K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $504K
0%
Growth & trend
Revenue growth (YoY)
This year $439K · Prior year $514K
-15%
Net-asset trend (YoY)
End of year $343K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $439K · Expenses $504K
-15%
Liabilities-to-Assets
Total liabilities — · Total assets $345K
—
Net-asset ratio
Net assets $343K · Total assets $345K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $345K
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 $23K · Total expenses $504K
5%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $237K · Total expenses $504K
47%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 79%——
Overhead ratio 12%——
Fundraising cost ratio 10%——
Revenue growth -15%——
Accounting fee ratio 0.4%——

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.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$23,334Pt VII · Sec A
Executive Director
$23,334Pt VII · Sec A
Board Member/Prog Dr
$23,333Pt VII · Sec A
Board Member/Prog Dr
$23,333Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
$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 1613 $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.

See E3 Educate Empower Elevate executive salaries →

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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 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

Mission and programs

Educates, empowers, and elevates Black and Brown families in the South to exercise their collective agency.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

4 program services account for $793K of program spending, described in the organization's own filed words · FY2022.
01

Pro-Truth SC

Since summer 2021, we have been working diligently with the naacp legal defense fund (LDF), the SC american civil liberties union (aclu), lowcountry black parents association, wren, jewish federation and other concerned citizens and community members to strategize, organize, educate the community about SC'S legislative actions pertaining…

$367Kprogram expense
02

Pro-Truth SC

Since summer 2021, we have been working diligently with the naacp legal defense fund (LDF), the SC american civil liberties union (aclu), lowcountry black parents association, wren, jewish federation and other concerned citizens and community members to strategize, organize, educate the community about SC'S legislative actions pertaining…

$366Kprogram expense
03

Regional Talent Strategy

Numerous reports over the last decade have chronicled that all students, but specifically black students, benefit from black teachers. But in the charleston region, only 12% of the teaching population identifies with the representation of over 40% of black students. These numbers have remained stagnant for over 10 years.

$30Kprogram expense
04

Regional Talent Strategy

Numerous reports over the last decade have chronicled that all students, but specifically black students, benefit from black teachers. But in the charleston region, only 12% of the teaching population identifies with the representation of over 40% of black students. These numbers have remained stagnant for over 10 years.

$30Kprogram expense

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Funders

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

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

Filing history

YearRevenueExpensesChangeFiling
FY2024 Latest $206K$322K-50% 990 PDF
FY2023 $414K$671K-6% 990 PDF
FY2022 Viewing $439K$504K-15% 990 PDF
FY2021 $514K$106K 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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