Overview
What is Education Resource Strategies Inc?
Education Resource Strategies Inc, based in Watertown, Massachusetts, is a nonprofit organization with a mission to revolutionize urban education. They strive to optimize the allocation of time, people, and funds so that every student can thrive. Working closely with large urban school systems, they aim to transform resource management, ultimately leading to significant improvements in student learning. The organization has devised a vision for resource utilization in schools and supports districts in implementing solutions that enable systemic transformation. Currently, Education Resource Strategies Inc employs 91 individuals, continuing their efforts to transform urban education across the United States.
Official website here: www.erstrategies.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Education Resource Strategies Inc has achieved an impressive 96% rating from Charity Navigator, indicating a high level of accountability and financial management. The rating reflects the charity's commitment to transparency and effective governance, which is critical for donor trust and community support. With a score derived entirely from the Accountability & Finance category, the organization demonstrates strong fiscal responsibility and operational integrity.
The organization boasts a fully independent board, which enhances its governance structure, ensuring that decisions are made with the best interests of stakeholders in mind. It has also established comprehensive policies, including conflict of interest and whistleblower protections, further reinforcing its commitment to ethical practices. Additionally, the charity's program expense ratio of 83.79% indicates that a significant portion of its funds is allocated directly to its programs, ensuring that resources are used effectively to support its mission.
While the rating is strong, it's essential for potential donors to remain informed about the organization's ongoing impact and effectiveness in achieving its educational goals. Overall, Education Resource Strategies Inc stands out as a reliable and well-managed nonprofit, reflecting a dedication to accountability and positive outcomes in the education sector.
This AI summary has been generated from information found on Charity Navigator.
Is Education Resource Strategies Inc legitimate?
Education Resource Strategies Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Education Resource Strategies 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: $1,920,673
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,608,904
For more financial information, click here
Official website here: www.erstrategies.org
What is the mission statement of Education Resource Strategies Inc?
Education Resource Strategies Inc, a non-profit organization, is dedicated to transforming urban school systems. They achieve this by helping educational leaders strategically utilize resources to significantly enhance student learning. Their goal is to revolutionize how time, people, and money are utilized in urban education, ensuring all students receive the necessary support to succeed. They work closely with large urban school systems, guiding them in transforming their resource use to dramatically improve student learning. Education Resource Strategies Inc has developed a vision for how schools can strategically manage resources to support students, and how school systems can organize to aid schools in these endeavors. They collaborate with districts to implement solutions that enable school systems to realize this transformation, and have also started collaborating with states to support their districts in this process.
Official website here: www.erstrategies.org
Who is the CEO of Education Resource Strategies Inc?
Karen Baroody is the Director of Education Resource Strategies Inc. The CEO's salary of Education Resource Strategies Inc is $218,569 and their total compensation is $242,709.
Official website here: www.erstrategies.org
What is the revenue of Education Resource Strategies Inc?
Education Resource Strategies Inc's revenue in 2022 was $11,370,381.
Official website here: www.erstrategies.org
Who are the executives of Education Resource Strategies Inc and what are their salaries?
The average compensation at Education Resource Strategies Inc during 2022 was $93,732. There are 91 employees at Education Resource Strategies Inc.
Here are 22 key members and their salaries (Education Resource Strategies Inc's CEO's salary is $218,569 and their total compensation is $242,709):
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- Compensation: $218,569
- Related: $0
- Other: $24,140
- Compensation: $186,192
- Related: $0
- Other: $10,307
- Compensation: $144,000
- Related: $0
- Other: $7,200
- Compensation: $265,999
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- Other: $35,191
- Compensation: $246,616
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- Other: $27,254
- Compensation: $233,758
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- Other: $1,959
- Compensation: $223,115
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- Other: $13,007
- Compensation: $200,549
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- Other: $33,372
- Compensation: $181,369
- Related: $0
- Other: $9,981
- Compensation: $177,431
- Related: $0
- Other: $6,529
- Compensation: $165,714
- Related: $0
- Other: $8,451
- Compensation: $166,920
- Related: $0
- Other: $15,383
- Compensation: $162,638
- Related: $0
- Other: $824
Official website here: www.erstrategies.org
Where can I find the form 990 for Education Resource Strategies Inc?
Education Resource Strategies Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.erstrategies.org
Learn more at the official website: www.erstrategies.org
Mission Statement of Education Resource Strategies Inc
Education Resource Strategies Inc, a non-profit organization, is committed to revolutionizing urban school systems by aiding leaders in strategically utilizing resources to significantly enhance student learning. The mission of Education Resource Strategies Inc is to transform the way time, people, and money are allocated in urban education, ensuring that every student receives the necessary support to succeed. They work closely with large urban school systems, assisting them in restructuring their resource allocation to dramatically improve student learning. The organization has developed a vision for how schools can tactically manage their resources to support students, and how school systems can organize themselves to aid schools in these endeavors. Education Resource Strategies Inc collaborates closely with districts to implement solutions that enable school systems to undergo this transformation. Moreover, they have started working with states to understand how they can support their districts in this transformation process.
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Impact
August, 2024
Education Resource Strategies Inc is dedicated to transforming urban school systems by helping leaders strategically use resources to dramatically improve student learning. Their consulting services aim to change the way time, people, and money are utilized in urban education to ensure that all students receive the support they need to succeed. By working with large urban school systems, Education Resource Strategies Inc is able to transform resource allocation in a way that significantly enhances student learning outcomes. They have developed a vision for how schools can strategically manage their resources to support students and work hand-in-hand with districts to implement solutions that enable this transformation. Additionally, Education Resource Strategies Inc has also expanded their impact by collaborating with states to support districts in their transformation efforts. Through their innovative approaches and dedicated support, Education Resource Strategies Inc is making a profound impact on the education sector, particularly in urban environments.
This information is meant to be a general summary of Education Resource Strategies 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.
- Investment Income: -$4,614
- Program Service Revenue: $7,150,603
- Gross Receipts: $15,547,050
Assets and Liabilities:
- Total Assets: $18,474,705
- Total Liabilities: $6,036,249
- Net Assets: $12,438,456
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT SERVICE REVENUE
Revenue
$6,888,103
LICENSING INCOME
Revenue
$262,500
Organization Details
Founding Year
2005
Phone
(617) 607-8000Principal Officer
Karen Baroody
Main Address
480 PLEASANT STREET SUITE C-200, WATERTOWN, MA, 02472
Website
www.erstrategies.orgNTEE Category
Code: B90 - Education
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