Edwell INC

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To empower employers and communities to develop talent pipelines through registered apprenticeship programs that are accessible, sustainable, and rooted in strategic partnerships to meet workforce needs.

Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 87-0956220) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average surplus $115K a year · 12% of revenue · last 4 filings
A surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
92%
of spending
92% of spending went to programs.
Pt IX · Ln 25 · col B
6.5 mo
of spending, in cash
6.5 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $200K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$138K
23% of total assets
Liabilities are 23% of assets.
Pt X · Ln 26
Independent board members
4
of 4 voting members
4 of 4 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$1.5M
+243% vs prior year
Spent
$1.1M
To programs
92%
Net assets
$472K
By yearFY2022–FY2025
Revenue
$1.5M
FY2025▲ +243%
Tap a bar for its year
Revenue by fiscal year
FY2022$1.1M
FY2023$864K
FY2024$444K
FY2025$1.5M
Expenses
$1.1M
FY2025▲ +30%
Tap a bar for its year
Expenses by fiscal year
FY2022$518K
FY2023$984K
FY2024$857K
FY2025$1.1M
Net assets
$472K
FY2025▲ +661%
Tap a bar for its year
Net assets by fiscal year
FY2022$595K
FY2023$475K
FY2024$62K
FY2025$472K

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $1.0M Management & general 8% · $87K

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

4 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President/CFO
$0Pt VII · Sec A
President/CEO
$0Pt VII · Sec A

Nicola Fleischer’s $128K as Executive Dir. is at the 52nd percentile of top reported officer pay among 3395 $1–10M 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

NameFY2024FY2023
Nicola Fleischer$128,333$95,000
Anna Jesseman—$33,000

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 Edwell INC executive salaries →

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 15aYes

Programs and updates

Equips teachers with skills and resources to support student and their own mental health.

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2 programs · $1.0M · in their own filed words · FY2024
01

Technical Assistance

Provides technical assistance to employers, school districts, and community organizations, in partnership with institutes of higher education or educator preparation programs to support the development, implementation, and sustainability of registered apprenticeship programs.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 87-0956220) · Dispute this line
$648Kprogram expense
02

Training Programs

Provides training programs that strengthen the educator workforce by preparing mentors, leaders, and apprentices participating in registered apprenticeship pathways, including instruction tied to program competencies, micro-credential and competency-based skill development, mentor preparation, and instructional skill-building.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 87-0956220) · Dispute this line
$378Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$200K
Grants paid · 1 grant · $57K · 2024–2024
Reach UniversityFY2024$57,281

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$1.5M
Ln 12
Fees for servicesLn 2g$1.5M
Other incomeLn 4–11$3K
Investment incomeLn 3$2K
Money outPt IX
$1.1M
Ln 25
Programscol B$1.0M
Managementcol C$87K
Owns and owesPt X
$472K
net assets · Ln 32
Cash and savingsLn 1–2$603K
Total assetsLn 16$611K
LiabilitiesLn 26$138K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$500
Fees for servicesLn 2g$1.5M
Investment incomeLn 3$2K
Other incomeLn 4–11$3K
Total revenueLn 12$1.5M
Assets in detailPt X, end of year
CashLn 1$603K
Cash and savings togetherLn 1–2$603K
Accounts receivableLn 4$6K
Prepaid expenses and deferred chargesLn 9$977
Total assetsLn 16$611K
LiabilitiesLn 26$138K
Net assetsLn 32$472K
OperationsPt I, VI
EmployeesI 56
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$176K$603K
Total assetsLn 16$177K$611K
LiabilitiesLn 26$115K$138K
Net assetsLn 32$62K$472K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$57K$57K
Other salaries and wagesLn 7$265K$215K$51K
Other fees for servicesLn 11g$637K$622K$15K
Advertising and promotionLn 12$3K$3K
TravelLn 17$72K$72K
Other expenses (24a–d)Ln 24$78K$57K$21K
Total functional expensesLn 25$1.1M$1.0M$87K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS Jun 30, 2026 $1.5M$1.1M$410K$472K 990 PDF
FY2024Filed with the IRS Nov 14, 2024 $444K$857K−$413K$62K 990 PDF
FY2023Filed with the IRS Nov 14, 2023 $864K$984K−$120K$475K 990 PDF
FY2022Filed with the IRS May 15, 2023 $1.1M$518K$581K$595K 990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments I · Grants L · Interested persons O · Explanations
See the full FY2025 990
Part I · Summary $1,523,087 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $242,797$500
I-9 Program service revenuePrior year $203,020$1,517,606
I-10 Investment incomePrior year $13$2,018
I-11 Other revenuePrior year $0$2,963
I-12 Total revenuePrior year $445,830$1,523,087
I-13 Grants and similar amounts paidPrior year $0$57,281
I-14 Benefits paid to membersPrior year $128,333$0
I-15 Salaries and benefitsPrior year $345,255$265,362
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $382,252$790,293
I-18 Total expensesPrior year $855,840$1,112,936
I-19 Revenue less expensesPrior year −$410,010$410,151
Part VI · Governance 4 of 4 board members independent, 1 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,523,087 across 6 lines filed
VIII-1f All other contributions, gifts and grants$500
VIII-1h Total contributions, gifts and grants$500
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,517,606$1,517,606
VIII-3 Investment incomeExcluded from tax $2,018$2,018
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,963$2,963
VIII-12 Total revenueRelated to mission $1,520,569 · Unrelated business $0 · Excluded from tax $2,018$1,523,087
Part IX · Statement of functional expenses $1,112,936 across 6 lines filed
IX-1 Grants to domestic organizationsPrograms $57,281$57,281
IX-7 Other salaries and wagesPrograms $214,547 · Management $50,815$265,362
IX-11g Other fees for servicesPrograms $622,013 · Management $15,297$637,310
IX-12 Advertising and promotionPrograms $2,774$2,774
IX-17 TravelPrograms $72,041$72,041
IX-24 Other expenses (24a–d)Programs $57,165 · Management $21,003$78,168
IX-25 Total functional expensesPrograms $1,025,821 · Management $87,115 · Fundraising $0$1,112,936
Part X · Balance sheet $610,570 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $175,845$603,240
X-4 Accounts receivable$6,353
X-9 Prepaid expenses and deferred chargesStart of year $1,201$977
X-16 Total assetsStart of year $177,046$610,570
X-17 Accounts payable and accrued expensesStart of year $112,278$138,399
X-26 Total liabilitiesStart of year $115,026$138,399
X-27 Net assets without donor restrictionsStart of year $62,020$472,171
X-32 Total net assets or fund balancesStart of year $62,020$472,171
X-33 Total liabilities and net assetsStart of year $177,046$610,570
Part XI · Reconciliation of net assets $472,171 net assets at year end
XI-1 Total revenue$1,523,087
XI-2 Total expenses$1,112,936
XI-3 Revenue less expenses$410,151
XI-4 Net assets at start of year$62,020
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$472,171

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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