Overview
What is Erikson Institute?
The Erikson Institute, located at 451 North LaSalle Street in Chicago, Illinois, is a renowned independent higher education institution dedicated to ensuring children have equal opportunities to thrive. With a comprehensive approach to child development, social work, and early childhood education, Erikson offers master's, doctoral, and graduate certificate programs. In 2022, the institute conferred 136 graduate degrees and provided scholarship support to 92% of its students. To expand the scope of educators' expertise, Erikson launched a triple endorsement teacher licensure program, allowing graduates to earn multiple endorsements at once. The institute's mission reaches beyond academics, impacting young children and families through innovative research, direct services, and advocacy. Erikson Institute's workforce consists of 328 employees.
Official website here: www.erikson.edu
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
The Erikson Institute has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a high Accountability & Finance Score of 97, the organization demonstrates effective governance practices, including a fully independent board and robust financial oversight. Their successful management of resources is evidenced by a program expense ratio of 78.13%, indicating a commitment to channeling funds into their core mission.
In addition to financial stability, Erikson Institute earned a notable Culture & Community Score of 91, showcasing its dedication to fostering an inclusive environment. The organization exhibits strong equity strategies, which are crucial for its role in addressing educational disparities and supporting children's development. The commitment to transparency is evident in their comprehensive policy documentation and governance practices, ensuring a trustworthy operation.
However, while the financial metrics are largely positive, there was a low score in fundraising efficiency, with a ratio of $0.0625. This may suggest that the organization could improve its fundraising strategies to enhance overall efficiency. Despite this limitation, the Erikson Institute's strong governance and focus on community impact position it as a reputable nonprofit in the realm of child development and education.
This AI summary has been generated from information found on Charity Navigator.
Is Erikson Institute legitimate?
Erikson Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Erikson Institute 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: $1,349,453
Professional Fundraising Fees: $70,000
Other Salaries and Wages: $11,915,089
For more financial information, click here
Official website here: www.erikson.edu
What is the mission statement of Erikson Institute?
Erikson Institute is a leading independent higher education institution, dedicated to ensuring that every child has an equal opportunity to thrive and reach their full potential. Recognized for its pioneering work in early childhood, the Institute prepares future leaders in child development, education, and social work to positively impact young children and their families. Through innovative academic programs, applied research, knowledge dissemination, direct service, and advocacy, Erikson Institute amplifies its impact and influences the field. Its commitment to the early years is paramount, inspiring and providing leadership to meet the needs of children and families for optimal education, social, emotional, and physical well-being.
Official website here: www.erikson.edu
Who is the CEO of Erikson Institute?
Unavailable
Official website here: www.erikson.edu
What is the revenue of Erikson Institute?
Erikson Institute's revenue in 2022 was $29,402,363.
Official website here: www.erikson.edu
Who are the executives of Erikson Institute and what are their salaries?
The average compensation at Erikson Institute during 2022 was $40,441. There are 328 employees and 160 volunteers at Erikson Institute.
Here are 41 key members and their salaries:
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Official website here: www.erikson.edu
Where can I find the form 990 for Erikson Institute?
Erikson Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.erikson.edu
Learn more at the official website: www.erikson.edu
Mission Statement of Erikson Institute
Erikson Institute, the leading independent institution of higher education, is dedicated to ensuring that every child has an equal chance to thrive and reach their full potential. Recognized for its pioneering work in the field of early childhood development, Erikson Institute goes above and beyond to prepare future leaders in child development, education, and social work. The organization's unique approach not only focuses on academics but also on research, knowledge creation and distribution, applied practices, and advocacy.
Through its innovative academic programs, Erikson Institute equips its graduates with the essential skills and knowledge needed to make a lasting impact on young children and their families. The organization's commitment extends beyond education, as it also conducts groundbreaking research to advance the field of early childhood development. By sharing its findings, Erikson Institute aims to inspire and provide leadership for the betterment of children and families. Furthermore, the institute offers direct services and advocacy efforts to amplify its influence and ensure that all children have access to optimal education, social, emotional, and physical well-being.
Erikson Institute is a beacon of hope for the next generation, dedicated to improving the lives of young children and their families. Its mission is to transform the lives of children by preparing leaders in education, child development, and social work. Through its unwavering commitment to innovation, research, and advocacy, Erikson Institute stands as a champion for children and families, ensuring they have the resources and support needed to reach their full potential.
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Impact
October, 2024
Erikson Institute plays a crucial role in shaping the future of children and families by offering comprehensive educational programs aimed at developing leaders in child development, social work, and early childhood education. Through its master’s and doctoral degree programs, as well as graduate certificates, Erikson equips educators and practitioners with the skills and knowledge necessary to provide high-quality support to young children.
In 2022, Erikson conferred 146 graduate degrees, demonstrating its commitment to advancing the profession. With a focus on equity, the institute ensured that 92% of its students received scholarships, making higher education more accessible. Erikson's innovative teacher licensure program, which offers a unique triple endorsement in Early Childhood Birth-2nd Grade, Special Education, and Bilingual/ESL, addresses the diverse needs of children in the classroom. This first-of-its-kind initiative in Illinois simplifies the pathway for teachers, promoting a holistic approach to education that is especially vital in under-resourced communities.
The Educator Impact Grant further amplifies Erikson's influence by eliminating tuition and fees for eligible students who commit to teaching in divested areas, thereby extending its reach and fulfilling its mission to improve educational equity. Through rigorous academic training, applied research, advocacy, and direct services, Erikson Institute effectively fosters optimal development in early childhood, supporting the overall well-being of future generations.
This information is meant to be a general summary of Erikson Institute. 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: $7,212,484
- Program Service Revenue: $8,882,023
- Gross Receipts: $39,533,726
Assets and Liabilities:
- Total Assets: $89,249,782
- Total Liabilities: $32,332,414
- Net Assets: $56,917,368
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Student Tuition & Fees
Revenue
$6,410,738
Clinical and Training
Revenue
$2,471,285
Organization Details
Founding Year
1966
Phone
(312) 755-2250Main Address
451 North LaSalle Street, Chicago, IL, 606544510
Website
www.erikson.eduNTEE Category
Code: B300 - Education
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