Overview
What is Higher Ed Works?
Higher Ed Works is a nonprofit organization based in Raleigh, North Carolina, with a mission to promote public education support at all levels, highlighting its correlation with economic growth. In 2022, the organization expanded its scope to cover the entire education spectrum, from preschool to graduate school. The organization's initiatives included a series on North Carolina Community Colleges, which garnered support from various foundations and featured interviews with key education leaders. The series emphasized the role of community colleges in the state's economy, their function as a stepping stone to a four-year degree, and the availability of well-paying jobs, particularly in health fields. The series also highlighted financial assistance and essential services for students and the importance of public-private partnerships. Later in the year, Higher Ed Works focused on Central Carolina Community College and its neighbors, planning to train 9,000 workers for new jobs in Chatham County. The organization also addressed North Carolina's poor investment in public education, particularly in K-12 schools, which ranked 49th in the percentage of GDP dedicated to these schools. Higher Ed Works examined various issues, such as low enrollment in the state's NC Pre-K program, low teacher pay, particularly for community college instructors, and high teacher vacancies. The organization covered the NC Supreme Court's decision in the Leandro case regarding state support for K-12 public schools and the formation of a bipartisan commission to suggest improvements to the UNC System's governance. Higher Ed Works saw significant growth in 2022, gaining 19,119 new followers on social media and reaching a total of 300,994 people through its direct network, which included 158,470 newsletter subscribers. The organization experienced a surge in website traffic, engagement, and interest in its written posts. With a total of 3 employees, Higher Ed Works continues to advocate for public education support and its connection to economic prosperity.
Official website here: www.higheredworks.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
Higher Ed Works has received a rating of "Needs Improvement" from Charity Navigator, indicating areas that require attention for better accountability and financial transparency. The organization has a solid majority of independent board members and a good financial health ratio, but it lacks essential financial statements and certain governance policies, such as a whistleblower policy and a document retention and destruction policy.
While the organization excels in maintaining a high program expense ratio of 75.66%, demonstrating a commitment to its mission, the absence of key financial documentation is a significant limitation. The lack of transparency through missing tax forms and other reports may raise concerns for potential donors and stakeholders about the organization's governance practices.
Overall, Higher Ed Works shows promise with a strong board composition and effective program expenditure, yet it must address its financial reporting and governance weaknesses to enhance trust and confidence among its supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Higher Ed Works legitimate?
Higher Ed Works is a legitimate nonprofit organization registered as a 501(c)(3) entity. Higher Ed Works 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: $307,103
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.higheredworks.org
What is the mission statement of Higher Ed Works?
Higher Ed Works, as an organization, aims to foster public support for education at all levels, underscoring the significance of an educated population in driving economic growth. Their mission is to emphasize the interconnection between a well-educated society and prosperity. In 2022, they expanded their scope to encompass the entire education spectrum, from preschool to graduate studies. They produced a series highlighting the role of community colleges in economic development and job creation, featuring interviews with education leaders. Furthermore, they brought attention to the underinvestment in public education, discussing metrics such as teacher salaries and school funding. Their efforts in 2022 resulted in an increase in social media followers and website traffic, demonstrating growing interest in their mission.
Official website here: www.higheredworks.org
Who is the CEO of Higher Ed Works?
David Rice is the Executive Dir. of Higher Ed Works. The CEO's salary of Higher Ed Works is $0 and their total compensation is $0.
Official website here: www.higheredworks.org
What is the revenue of Higher Ed Works?
Higher Ed Works's revenue in 2022 was $654,268.
Official website here: www.higheredworks.org
Who are the executives of Higher Ed Works and what are their salaries?
The average compensation at Higher Ed Works during 2022 was $102,368. There are 3 employees at Higher Ed Works.
Here are 24 key members and their salaries (Higher Ed Works's CEO's salary is $0 and their total compensation is $0):
- Compensation: $127,715
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- Other: $14,026
- Compensation: $86,516
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- Other: $9,517
- Compensation: $92,872
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Official website here: www.higheredworks.org
Where can I find the form 990 for Higher Ed Works?
Higher Ed Works's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.higheredworks.org
Learn more at the official website: www.higheredworks.org
Mission Statement of Higher Ed Works
Higher Ed Works, a nonprofit organization, is committed to fostering public support for education at all levels. They emphasize the significance of an educated populace in driving economic prosperity. To fulfill this mission, Higher Ed Works seeks to highlight the interconnectedness of quality education from preschool to post-graduate studies and its role in fostering a skilled workforce. In 2022, they expanded their scope, focusing on North Carolina Community Colleges, recognizing their critical role in the state's economy and as a pathway to higher education. They garnered support from various foundations and featured interviews with key education leaders, showcasing well-paying jobs in health fields, financial assistance, and public-private partnerships. Additionally, Higher Ed Works examined North Carolina's underinvestment in public education, addressing issues such as teacher pay and vacancies, and the decline in state support for higher education. They also reported on the NC Supreme Court's decision in the Leandro case, advocating for improved governance of the UNC System. Through their efforts, Higher Ed Works aims to encourage a greater appreciation for the importance of education at all levels in driving economic growth and opportunity.
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Impact
July, 2024
Higher Ed Works has made a significant impact by expanding its mission to cover the entire education continuum, from pre-school to grad school. It has produced insightful content on North Carolina Community Colleges, highlighting their crucial role in the state's economy, as well as the pathways they provide to well-paying jobs and four-year degrees. The organization has also shed light on critical issues such as underfunding in public education, teacher pay disparities, and challenges in the UNC System. Additionally, Higher Ed Works has actively engaged with the community, gaining a substantial following on social media and increasing its reach to over 2.6 million people in 2022.
This information is meant to be a general summary of Higher Ed Works. 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: $668
- Gross Receipts: $654,268
Assets and Liabilities:
- Total Assets: $440,655
- Total Liabilities: $0
- Net Assets: $440,655
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Organization Details
Founding Year
2017
Phone
(919) 782-9322Principal Officer
David Rice
Main Address
PO BOX 12065, RALEIGH, NC, 27605
Website
www.higheredworks.orgNTEE Category
Code: B19 - Education
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