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E2D Inc E2D Eliminate The Digital Divide

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

EIN: 465008759 ✦ Davidson, NC ✦ Designated as a 501(c)(3)

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Overview

What is E2D Inc E2D Eliminate The Digital Divide?

E2D Inc, formerly known as E2D Eliminate The Digital Divide, is a North Carolina-based nonprofit organization located in Davidson, specifically at PO Box 1299. Their primary mission is to empower students in North Carolina schools by providing them with essential at-home access to computer technology and digital literacy support, thereby contributing to their academic success. To achieve this objective, E2D collects donated laptops from corporations, erases any private data, and then refurbishes the devices by installing new operating systems and software. Their dedicated team of lab technicians ensures the laptops are in proper working order before distributing them. This year, they expanded their capacity by 35% with the addition of a new computer technology lab.


Official website here: www.e-2-d.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 87%, Three-Star out of Four Star rating.

E2D Inc, which aims to eliminate the digital divide, has received a solid rating of 87%, reflecting its strong performance in areas such as leadership and community engagement. The organization boasts a perfect score in Leadership & Adaptability, indicating effective management and strategic planning. Furthermore, it has a highly independent board, with 100% of its members being independent and a board size of 12, enhancing governance and accountability.

Financially, E2D Inc demonstrates a commendable Program Expense Ratio of 79.41%, suggesting that a significant portion of its budget is dedicated to its programs. It also received high marks for accountability, with no material diversion of assets noted and a robust audit score. However, while the organization shows a solid financial foundation, its Liabilities to Assets Ratio of 3.99% may raise concerns regarding financial stability, suggesting that it could improve its asset management.

Overall, E2D Inc shows strengths in community feedback and engagement practices, scoring 100 in both feedback collection and usage. There is evidence of investment in leadership development, which can positively impact future growth and adaptability. However, maintaining a balance between liabilities and assets will be essential for the organization's long-term sustainability.


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

Is E2D Inc E2D Eliminate The Digital Divide legitimate?

E2D Inc E2D Eliminate The Digital Divide is a legitimate nonprofit organization registered as a 501(c)(3) entity. E2D Inc E2D Eliminate The Digital Divide 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: $93,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $544,332

For more financial information, click here


Official website here: www.e-2-d.org

What is the mission statement of E2D Inc E2D Eliminate The Digital Divide?

E2D Inc, also known as E2D Eliminate The Digital Divide, has a mission to ensure that every student in North Carolina schools has the necessary at-home access to computer technology and digital literacy support, thereby contributing to their academic success. The organization achieves this mission by refurbishing donated laptops from corporations, wiping out any private information, installing new operating systems and software, and ensuring they are in good working condition. Once prepared, these computers are distributed to students. This year, E2D expanded its capacity by opening a new computer technology lab, increasing its overall ability to provide these essential resources.


Official website here: www.e-2-d.org

Who is the CEO of E2D Inc E2D Eliminate The Digital Divide?

Spence Millen is the President of E2D Inc E2D Eliminate The Digital Divide.


Official website here: www.e-2-d.org

What is the revenue of E2D Inc E2D Eliminate The Digital Divide?

E2D Inc E2D Eliminate The Digital Divide's revenue in 2022 was $990,499.


Official website here: www.e-2-d.org

Who are the executives of E2D Inc E2D Eliminate The Digital Divide and what are their salaries?

The average compensation at E2D Inc E2D Eliminate The Digital Divide during 2022 was $8,613. There are 74 employees and 60 volunteers at E2D Inc E2D Eliminate The Digital Divide.


Here are 13 key members and their salaries:


Spence Millen (President)
  • Compensation: $93,000
  • Related: $0
  • Other: $0
Courtney Ramey (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Phocas (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Salguedo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reenie Askew (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Olin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Praeger (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Beyer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Tanner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dominique Johnson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Alexander (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Clark (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Cowell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.e-2-d.org

Where can I find the form 990 for E2D Inc E2D Eliminate The Digital Divide?

E2D Inc E2D Eliminate The Digital Divide's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.e-2-d.org

Learn more at the official website: www.e-2-d.org

Mission Statement of E2D Inc E2D Eliminate The Digital Divide

E2D Inc, or E2D Eliminate The Digital Divide, is a mission-driven organization with a primary focus on ensuring that every student in North Carolina schools has access to essential computer technology and digital literacy support at home. Their goal is to help these students achieve academic success. To achieve this mission, E2D collects donated laptops from corporations, erases any private information, and then refurbishes them by installing new operating systems and software. After ensuring the laptops are in proper working order, they distribute them to students in need. This year, E2D expanded its capacity by opening a new computer technology lab, which increased its overall capacity by 35%. By providing students with necessary digital tools, E2D is working towards bridging the digital divide and empowering them to succeed in their academic pursuits.

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Impact




July, 2024

The impact of E2D Inc E2D Eliminate The Digital Divide is clear: by providing essential computer technology and digital literacy support to students in North Carolina schools, they are bridging the gap between those with access to technology and those without. Through initiatives like computer refurbishment and the opening of new technology labs, E2D is significantly increasing the number of students who have the tools they need to succeed academically. This not only helps individual students in their education but also has the potential to positively impact their future opportunities and success.




This information is meant to be a general summary of E2D Inc E2D Eliminate The Digital Divide. 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
$990,499 (2022)
Expenses
$1,012,577 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,109
  • Program Service Revenue: $281,408
  • Gross Receipts: $990,499

Assets and Liabilities:

  • Total Assets: $920,418
  • Total Liabilities: $39,928
  • Net Assets: $880,490

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Computer Ditribution

Revenue

$281,408

Organization Details

Founding Year

2015

Principal Officer

Spence Millen

Main Address

PO Box 1299, Davidson, NC, 28036

NTEE Category

Code: B90 - Education

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