Overview
What is Edp School Inc?
Edp School Inc, situated in Brooklyn, New York, is a dedicated nonprofit organization with a mission to empower unemployed individuals. Established in the heart of the city, this institution specializes in providing education in the computer field and various business trades. With a team of 29 passionate individuals, Edp School Inc aims to equip its students with the necessary skills to thrive in these sectors, thereby contributing to their employment opportunities. The organization operates as a private, not-for-profit entity, making education affordable and accessible to those in need.
What are the reviews and ratings of this charity?
Charity Navigator rating: 84% (Three-Star out of Four Stars)
Edp School Inc has received an overall score of 84%, reflecting its strong commitment to accountability and finance. The rating is solely derived from its performance in financial management, indicating a solid foundation in how it oversees its resources. The charity boasts a fully independent board, with all eight board members meeting independence criteria, which enhances its governance.
The organization demonstrates high financial responsibility, with a program expense ratio of 78.75%, meaning that a significant portion of its expenditures directly supports its educational initiatives. Additionally, it scores well in various financial metrics, including a low liabilities to assets ratio of 41.89%, indicating fiscal stability. The presence of an audit and oversight committee further underscores its commitment to transparency.
While the charity showcases strengths in governance and financial management, the rating does not reflect other potential areas of impact such as program effectiveness or community feedback. This limited scope of evaluation means that while Edp School Inc appears to be financially sound, further information would be required to assess its overall effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Edp School Inc legitimate?
Edp School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Edp School Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $160,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $517,917
For more financial information, click here
What is the mission statement of Edp School Inc?
Edp School Inc, as a private, not-for-profit organization, is committed to educating individuals who are currently unemployed, focusing on the computer field and various business trades. The institution's mission is to offer a platform for skill development and employment opportunities, aiming to empower these individuals to reintegrate into the workforce. By providing comprehensive training programs, Edp School Inc seeks to equip individuals with the necessary skills and knowledge to secure employment and improve their livelihoods. The institution serves as a bridge between unemployment and employment, fostering personal growth and contributing to a more skilled workforce.
Who is the CEO of Edp School Inc?
Unavailable
What is the revenue of Edp School Inc?
Edp School Inc's revenue in 2022 was $1,784,862.
Who are the executives of Edp School Inc and what are their salaries?
The average compensation at Edp School Inc during 2022 was $23,376. There are 29 employees at Edp School Inc.
Here are 2 key members and their salaries:
- Compensation: $80,000
- Related: $0
- Other: $0
- Compensation: $80,000
- Related: $0
- Other: $0
Where can I find the form 990 for Edp School Inc?
Edp School Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Edp School Inc
Edp School Inc, a private not-for-profit organization, is dedicated to an important mission. This institution focuses on educating unemployed individuals, providing them with valuable skills in the computer field and various business trades. By doing so, Edp School Inc aims to empower these individuals, potentially opening up new opportunities for them in their careers. The organization's mission is centered around the idea of providing education to those who may otherwise be excluded from such opportunities, aiming to contribute positively to society by equipping individuals with the necessary skills to succeed in their chosen fields.
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Impact
July, 2024
Edp School Inc has a direct impact on the community by providing education and training to unemployed individuals in the computer field and various business trades. By offering these skills and knowledge, Edp School Inc empowers individuals to secure employment opportunities and contribute to the workforce. This organization plays a crucial role in bridging the gap between job seekers and the skills required by employers, ultimately leading to economic empowerment and self-sufficiency for its students.
This information is meant to be a general summary of Edp School Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $1,239,390
- Gross Receipts: $1,784,862
Assets and Liabilities:
- Total Assets: $1,355,423
- Total Liabilities: $567,877
- Net Assets: $787,546
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition
Revenue
$1,239,390
Organization Details
Founding Year
2005
Main Address
1601 VOORHIES AVE STE 2ND FL, Brooklyn, NY, 11235
NTEE Category
Code: B30 - Education
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