Project Tomorrow EIN 95-4581958

Project Tomorrow FY2021 filing

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Improves education by researching and using science, math, and technology. For fiscal year 2021 it reported $810K in revenue, $631K in expenses, and $240K in net assets.Pt I

Founded
1996
Type
Public charity (501(c)(3)) · Education
Location
Irvine, CA
Website
www.tomorrow.org
Filings
5 on file (2020–2021)
Revenue
$810KFY2021
Expenses
$631K
Net assets
$240K
People
9
Filings
5
Updates
0
More identity details & actions ⌄
EIN  95-4581958 Public charity (501(c)(3)) Irvine, CA Founded 1996
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Figures match the IRS filing checked 9/1/26 · see original: IRS
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Size
$1–10M
What they do
Improves education by researching and using science, math, and technology.
Leadership
Julie Evans EdD · Chief Executive Officer · $152K
Money in and out
$810K revenue, $631K expenses
Bottom line
93% program efficiency
Where the money goes · FY2021
Total revenue
$810K
Pt VIII · Ln 12
Total expenses
$631K
Pt IX · Ln 25
Net assets
$240K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $179K
Where spending went · Part IX cols B–D
Program services $0.93 Management & general $0.05 Fundraising $0.01
Program efficiency
93%
of spending reaches programs
Operating runway
9.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+22%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$810K
FY2021▼ -24%
Expenses
$631K
FY2021▼ -36%
Total assets
$547K
FY2021▲ +25%
Total liabilities
$307K
FY2021▼ -20%
Total revenue
$810K
Pt VIII · Ln 12
Total expenses
$631K
Pt IX · Ln 25
Net assets
$240K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$179K
Total assetsPt X · Ln 16$547K
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

2 program services account for $590K of program spending, described in the organization's own filed words · FY2020.
01

Speak Up Research Project

For this school year period, over 50,000 k-12 students, teachers, parents, and administrators representing schools in all 50 states participated in the annual speak up project by submitting an online survey about their use of technology within learning, and their aspirations for improved educational opportunities.

$366Kprogram expense
02

Building elementary teacher readiness and capacity for computational thinking new york city project: with this project, we are providing 90 elementary teachers in ten underserved new york city schools with professional learning and coaching to integrate computational thinking within their everyday curriculum.

$224Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CProject Tomorrow
EINHdr · item D95-4581958
Principal addressHdr · item CIrvine, CA
WebsiteHdr · item Jwww.tomorrow.org
Year of formationHdr · item L1996
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFJan 1997

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
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 · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Chief Executive Officer
$152,397Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Julie Evans Edd’s $200K as Chief Executive Officer is at the 82nd percentile of top reported officer pay among 3393 $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

NameFY2024FY2024FY2023FY2022FY2021FY2020
Julie Evans Edd$200,007$191,674$175,007$152,397$152,397
Julie Evans$152,392

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 & grants$479K · 59%
Program service revenue$331K · 41%
Contributions & grants59%$479K
Program service revenue41%$331K
Investment income$47
— government grantsLn 1e$72K
Total revenueLn 12$810K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.05 Fundraising $0.01
Program services93%$590K
Management & general5%$33K
Fundraising1%$8K
Total functional expensesLn 25$631K

Balance Sheet

Part X · end of year
CashLn 1$486K
Total assetsLn 16$547K
Total liabilitiesLn 26$307K
Total net assetsLn 32$240K
Months of cash on handcomputed9.2

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $486K · Operating expenses/yr $631K
9.2 months
Where the money goes
Program services
Program services $590K · Total expenses $631K
93%
Management & General
Management & general $33K · Total expenses $631K
5%
Fundraising
Fundraising $8K · Total expenses $631K
1%
Cost to raise $1
Fundraising expense (2-yr avg) $8K · Solicited contributions (2-yr avg) $641K
$0.01 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $479K · Total revenue $810K
59%
Government reliance
Government grants $72K · Total revenue $810K
9%
Earned-income share
Program service revenue $331K · Total revenue $810K
41%
Investment reliance
Investment income $47 · Total revenue $810K
<0.01%
Program self-sufficiency
Program service revenue $331K · Total expenses $631K
52%
Growth & trend
Revenue growth (YoY)
This year $810K · Prior year $1.1M
-24%
Net-asset trend (YoY)
End of year $240K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $810K · Expenses $631K
+22%
Liabilities-to-Assets
Total liabilities — · Total assets $547K
Net-asset ratio
Net assets $240K · Total assets $547K
44%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $547K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Julie Evans Edd · Reported title CHIEF EXECUTIVE OFFICER · Highest reported compensation $152K · Total expenses $631K
24%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $377K · Total expenses $631K
60%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 93%
Overhead ratio 5%
Fundraising cost ratio 2%
Revenue growth -24%
Legal fee ratio 0.9%
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 · FY2023
Total grants receivedfrom 2 funders$200K
Grants paid · 1 grant · $1.8M · 2024–2024
Triangle Learning CommunityNM · FY2024$1,805,255

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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$637K revenue · ⤓ 990 PDF
FY2023$973K revenue · ⤓ 990 PDF
FY2022$812K revenue · ⤓ 990 PDF
FY2021$810K revenue · viewing · ⤓ 990 PDF
FY2020$1.1M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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