Ed3 Galaxy: Nonprofit Profile, Financials & Form 990 (EIN 88-1958940)

Revenue by fiscal year
FY2022	$248K
FY2023	$267K
FY2024	$1.0M

Expenses by fiscal year
FY2022	$148K
FY2023	$177K
FY2024	$319K

Net assets by fiscal year
FY2022	$97K
FY2023	$187K
FY2024	$923K

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2022.

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

Where the money goes

71 cents of each dollar spent went to programs.

71%

29%

Program services 71% · $228K Management & general 29% · $91K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

3 people listed on the 990; $103K paid to officers and key staff.

Part VII, Section A · reportable compensation

Vriti Saraf

President

$103,329Pt VII · Sec A

Michael Peck

Vice President

$0Pt VII · Sec A

Nate McLennen

Board Member

$0Pt VII · Sec A

Vriti Saraf’s $103K as President is at the 34th 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 · 3 named individuals · Part VII

Name	FY2024	FY2023	FY2022
Vriti Saraf	$103,329	—	$27,803
Michael Peck	—	$30,006	$27,803
Michael Cohen the Tech Rabbi LLC	—	—	$27,803

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 Ed3 Galaxy executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Trains educators in new technologies to improve teaching and learning.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $228K · in their own filed words · FY2024

01

Ed3 Courses

ED3 courses are online, asynchronous courses for educators about emerging technologies. In 2023, we helped 13,000 educators learn about emerging technologies and distributed 39,000 continuing education units. This program serves as the main facilitator of our mission and generates revenue for the non-profit's sustainability.

$115Kprogram expense

02

Ed3 Community and Events

We have facilitated over 100 free events through this program and served over 5,000 educators globally in learning about emerging technologies. Our community of practice has engaged over 4,000 educators globally.

$113Kprogram expense

03

Research and Development

Through research and development, we explore new ideas in education to help the industry evolve. We are currently exploring how the role of the teacher will change in a world transformed by ai.

Pt IX · col B

Funders

Who pays for it.

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

Grants

Schedule I · funders on record

Grants received · FY2024

Fidelity Investments Charitable Gift FundFY2024$500K

Total grants receivedfrom 1 funder$500K

By the numbers

The FY2024 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$1.0M

Ln 12

Fees for servicesLn 2g$536K

Gifts and grantsLn 1h$508K

Money outPt IX

$319K

Ln 25

Programscol B$228K

Managementcol C$91K

Owns and owesPt X

$923K

net assets · Ln 32

Cash and savingsLn 1–2$755K

Total assetsLn 16$960K

LiabilitiesLn 26$37K

PeoplePt VI, VII

3

listed · VII A

PaidVII A1

Voting boardVI 1a3

IndependentVI 1b2

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$508K

Government grantsLn 1e$0

Noncash giftsLn 1g$0

Fundraising eventsLn 1c$0

Fees for servicesLn 2g$536K

Total revenueLn 12$1.0M

Assets in detailPt X, end of year

CashLn 1$755K

Cash and savings togetherLn 1–2$755K

InvestmentsLn 11–13$110K

Total assetsLn 16$960K

LiabilitiesLn 26$37K

Net assetsLn 32$923K

OperationsPt I, VI

EmployeesI 51

VolunteersI 62

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13No

Records policyVI 14No

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY24	End FY24
Cash and savingsLn 1–2	$84K	$755K
InvestmentsLn 11–13	$102K	$110K
Total assetsLn 16	$187K	$960K
LiabilitiesLn 26	$0	$37K
Net assetsLn 32	$187K	$923K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic individualsLn 2	$5K	$5K
Pay of current officers, directors and key staffLn 5	$129K	$84K	$46K
Other salaries and wagesLn 7	$49K	$32K	$18K
Pension plan contributionsLn 8	$5K	$4K	$1K
Other employee benefitsLn 9	$6K	$5K	$2K
Payroll taxesLn 10	$6K	$5K	$2K
Accounting feesLn 11c	$14K		$14K
Other fees for servicesLn 11g	$92K	$86K	$6K
Advertising and promotionLn 12	$947	$947
TravelLn 17	$4K	$4K
InsuranceLn 23	$460		$460
Other expenses (24a–d)Ln 24	$7K	$4K	$3K	$0
Total functional expensesLn 25	$319K	$228K	$91K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 Latest Viewing	$1.0M	$319K	$725K	$923K	990 PDF
FY2023	$267K	$177K	$90K	$187K	990 PDF
FY2022	$248K	$148K	$99K	$97K	990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

See the full FY2024 990 (6 parts)

Part I · Summary $1,044,299 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $78,717$508,334

I-9 Program service revenuePrior year $187,909$535,965

I-10 Investment incomePrior year $0$0

I-11 Other revenuePrior year $0$0

I-12 Total revenuePrior year $266,626$1,044,299

I-13 Grants and similar amounts paidPrior year $2,400$4,900

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $30,006$195,962

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $144,229$118,534

I-18 Total expensesPrior year $176,635$319,396

I-19 Revenue less expensesPrior year $89,991$724,903

Part VI · Governance 2 of 3 board members independent, 2 to look at

VI-1a Voting members of the governing body3

VI-1b Independent voting members2

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

VI-15a Process for setting top official's payYes

Part VIII · Statement of revenue $1,044,299 across 10 lines filed

VIII-1a Federated campaigns$0

VIII-1b Membership dues$0

VIII-1c Fundraising events$0

VIII-1d Related organizations$0

VIII-1e Government grants$0

VIII-1f All other contributions, gifts and grants$508,334

VIII-1g Noncash contributions (included above)$0

VIII-1h Total contributions, gifts and grants$508,334

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $535,965 · Unrelated business $0 · Excluded from tax $0$535,965

VIII-12 Total revenueRelated to mission $535,965 · Unrelated business $0 · Excluded from tax $0$1,044,299

Part IX · Statement of functional expenses $319,396 across 12 lines filed

IX-2 Grants to domestic individualsPrograms $4,900$4,900

IX-5 Pay of current officers, directors and key staffPrograms $83,728 · Management $45,698$129,426

IX-7 Other salaries and wagesPrograms $31,726 · Management $17,592$49,318

IX-8 Pension plan contributionsPrograms $3,577 · Management $1,192$4,769

IX-9 Other employee benefitsPrograms $4,547 · Management $1,826$6,373

IX-10 Payroll taxesPrograms $4,557 · Management $1,519$6,076

IX-11c Accounting feesManagement $13,955$13,955

IX-11g Other fees for servicesPrograms $86,059 · Management $6,194$92,253

IX-12 Advertising and promotionPrograms $947$947

IX-17 TravelPrograms $4,123$4,123

IX-23 InsuranceManagement $460$460

IX-24 Other expenses (24a–d)Programs $3,800 · Management $2,996 · Fundraising $0$6,796

IX-25 Total functional expensesPrograms $227,964 · Management $91,432 · Fundraising $0$319,396

Part X · Balance sheet $960,097 assets, 11 lines filed

X-1 Cash, non-interest-bearingStart of year $84,424$754,590

X-4 Accounts receivable$93,706

X-9 Prepaid expenses and deferred charges$1,676

X-13 Program-related investmentsStart of year $102,280$110,125

X-16 Total assetsStart of year $186,704$960,097

X-19 Deferred revenue$36,667

X-26 Total liabilitiesStart of year $0$36,667

X-27 Net assets without donor restrictionsStart of year $186,704$923,430

X-28 Net assets with donor restrictionsStart of year $0$0

X-32 Total net assets or fund balancesStart of year $186,704$923,430

X-33 Total liabilities and net assetsStart of year $186,704$960,097

Part XI · Reconciliation of net assets $923,430 net assets at year end

XI-1 Total revenue$1,044,299

XI-2 Total expenses$319,396

XI-3 Revenue less expenses$724,903

XI-4 Net assets at start of year$186,704

XI-5 Net unrealized gains (losses) on investments$11,823

XI-6 Donated services and use of facilities$0

XI-7 Investment expenses$0

XI-8 Prior period adjustments$0

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$923,430

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization