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Invest In Education Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 453027711 ✦ Albany, NY ✦ Designated as a 501(c)(3)

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Overview

What is Invest In Education Foundation Inc?

Invest in Education Foundation Inc, located in Albany, New York, is a nonprofit organization with a primary mission to drive improvements in education for students. They aim to expand educational options and work towards bridging educational achievement gaps. As a research and policy organization, they actively contribute to promoting better educational opportunities for all. With a small team of three dedicated individuals, they strive to advocate for policies that support students and foster an environment that fosters equal educational opportunities.


Official website here: www.investineducation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Stars

Invest In Education Foundation Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. The 96% score is noteworthy, particularly as it is based entirely on a single beacon score, indicating the foundation's commitment to maintaining high standards in financial practices. The organization has been transparent in its operations, with all board members being independent, which strengthens governance.

The foundation has demonstrated fiscal responsibility, with a low liabilities-to-assets ratio of 6.08% and a program expense ratio of 87.91%. These figures suggest that the majority of its budget is allocated towards educational programs rather than administrative costs. Additionally, the organization has implemented effective policies concerning conflicts of interest and whistleblower protections, ensuring a stable and ethical operational environment.

While the data does not indicate any significant limitations, the single beacon score may suggest a lack of comprehensive evaluation across other performance metrics. Overall, the Invest In Education Foundation Inc stands out for its effective governance and robust financial management, making it a trustworthy option for potential donors interested in supporting educational initiatives.


This AI summary has been generated from information found on Charity Navigator.

Is Invest In Education Foundation Inc legitimate?

Invest In Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Invest In Education Foundation 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: $168,504
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.investineducation.org

What is the mission statement of Invest In Education Foundation Inc?

The Invest in Education Foundation Inc. is a research and policy organization with a mission to foster improvement in education for students. Their primary objective is to expand educational choices and work towards bridging the gaps in educational achievement. Through their efforts, they aim to enhance the educational experiences of students and ensure equitable opportunities for all. The foundation conducts research and advocates for policies that support these goals, striving to create a more inclusive and effective educational system.


Official website here: www.investineducation.org

Who is the CEO of Invest In Education Foundation Inc?

Anthony De Nicola is the Chair of Invest In Education Foundation Inc.


Official website here: www.investineducation.org

What is the revenue of Invest In Education Foundation Inc?

Invest In Education Foundation Inc's revenue in 2022 was $746,355.


Official website here: www.investineducation.org

Who are the executives of Invest In Education Foundation Inc and what are their salaries?

The average compensation at Invest In Education Foundation Inc during 2022 was $56,168. There are 3 employees at Invest In Education Foundation Inc.


Here are 6 key members and their salaries:


Anthony De Nicola (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Flanigan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darla Romfo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan George (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael J Strianese (Cfo & Coo)
  • Compensation: $60,000
  • Related: $0
  • Other: $0
Allen Messer (President)
  • Compensation: $115,000
  • Related: $0
  • Other: $0


Official website here: www.investineducation.org

Where can I find the form 990 for Invest In Education Foundation Inc?

Invest In Education Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.investineducation.org

Learn more at the official website: www.investineducation.org

Mission Statement of Invest In Education Foundation Inc

Invest in Education Foundation Inc, as a research and policy organization, is committed to driving improvements in education for students. Their mission is multifaceted, aiming to increase educational choices and work towards bridging gaps in educational achievement. By promoting advancements in education, this nonprofit seeks to empower students and contribute to a more equitable learning environment. In essence, Invest in Education Foundation Inc is dedicated to fostering a better educational landscape for all students, thereby enhancing their chances of success.

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Impact




July, 2024

Invest In Education Foundation Inc works to promote improvement in education for students, increase educational choice, and work towards closing gaps in educational achievement. Their research and policy initiatives aim to create a positive impact on the education sector by identifying and implementing strategies to enhance learning outcomes and opportunities for students. By focusing on these goals, Invest In Education Foundation Inc contributes to the advancement of the education system, ultimately benefiting students, educators, and communities.




This information is meant to be a general summary of Invest In Education Foundation 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.

Revenue
$746,355 (2022)
Expenses
$545,068 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $746,355

Assets and Liabilities:

  • Total Assets: $290,997
  • Total Liabilities: $17,696
  • Net Assets: $273,301

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Organization Details

Founding Year

2012

Principal Officer

Anthony De Nicola

Main Address

PO BOX 38222, ALBANY, NY, 122038222

NTEE Category

Code: B19 - Education

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