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Educate

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

EIN: 841648607 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is Educate?

Educate is a Colorado-based nonprofit organization, established in 2005, dedicated to empowering African youth with the skills necessary to thrive in today's economy. With operations in Uganda, Rwanda, and Kenya, Educate!'s mission is to foster the development of young leaders and entrepreneurs. They offer a unique educational model combining leadership and entrepreneurship training, interactive teaching methods, and intensive mentorship. This approach extends beyond the classroom, providing youth with the opportunity to gain practical experience by starting their own enterprises. Educate!'s initiatives encompass three key areas: School Solutions, which integrates workforce readiness and skills education into schools; Education System Solutions, where they collaborate with governments to incorporate evidence-based approaches into national education systems; and Out-of-School Youth Solutions, providing bootcamps to equip out-of-school youth with the skills to secure quality employment.


Official website here: www.experienceeducate.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Star rating)

Educate is recognized for its exceptional accountability and financial management, as evidenced by its 97% score in this area. The organization boasts a fully independent board, effective financial oversight, and strong policies regarding conflict of interest and document retention. With a program expense ratio of over 87%, it demonstrates a commitment to directing the majority of its resources toward its mission.

User feedback highlights the positive impact Educate has had on marginalized communities, particularly street-connected children and orphans. Volunteer testimonials emphasize the organization's support for education and community outreach, showcasing its dedication to helping those in need achieve their potential. The personal stories shared indicate that participants feel valued and supported through the nonprofit's initiatives.

However, while the organization excels in financial transparency and program impact, potential donors and volunteers may want to seek more detailed narratives about specific programs to fully understand their breadth and effectiveness. Overall, Educate stands out as a trusted and impactful nonprofit in its field.


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

Is Educate legitimate?

Educate is a legitimate nonprofit organization registered as a 501(c)(3) entity. Educate 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: $453,701
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,415,223

For more financial information, click here


Official website here: www.experienceeducate.org/

What is the mission statement of Educate?

Educate is a mission-driven organization dedicated to developing young leaders and entrepreneurs in Africa. Through a comprehensive approach, Educate delivers a practical and relevant model of education, which includes a leadership and entrepreneurship course, interactive teaching, intensive mentorship, experience starting an enterprise, and access to out-of-school networks and resources. By advocating for and implementing this model in schools, Educate aims to foster the growth of the next generation of African leaders.


Official website here: www.experienceeducate.org/

Who is the CEO of Educate?

Boris Bulayev is the Board Chair of Educate. The CEO's salary of Educate is $172,986 and their total compensation is $181,284.


Official website here: www.experienceeducate.org/

What is the revenue of Educate?

Educate's revenue in 2022 was $17,513,135.


Official website here: www.experienceeducate.org/

Who are the executives of Educate and what are their salaries?

The average compensation at Educate during 2022 was $214,940. There are 18 employees and 202 volunteers at Educate.


Here are 12 key members and their salaries (Educate's CEO's salary is $172,986 and their total compensation is $181,284):


Eric Glustrom (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Kates (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Radhika Malpani (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dzingai Mtumubuka (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Aludo (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nikita Miller (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Boris Bulayev (Ceo & Co-Founder)
  • Compensation: $172,986
  • Related: $0
  • Other: $8,298
Margaret Appleton (Chief Operating Officer)
  • Compensation: $145,000
  • Related: $0
  • Other: $3,629
Ivan Ssenfuma (Chief Financial Officer)
  • Compensation: $123,788
  • Related: $0
  • Other: $0
Angelica Towne (Chief Strategy And Innovation Officer)
  • Compensation: $133,954
  • Related: $0
  • Other: $3,629
Alexander Kelly (Global Director Of Growth And Revenue)
  • Compensation: $109,315
  • Related: $0
  • Other: $6,066
Elana Pollack (Director Of Talent)
  • Compensation: $115,360
  • Related: $0
  • Other: $9,527


Official website here: www.experienceeducate.org/

Where can I find the form 990 for Educate?

Educate's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.experienceeducate.org/

Learn more at the official website: www.experienceeducate.org/

Mission Statement of Educate

Educate is a mission-driven organization dedicated to cultivating young leaders and entrepreneurs in Africa. In simple terms, Educate strives to transform lives by equipping African youth with the skills and knowledge needed to thrive as leaders and business owners. The educational approach by Educate is unique and practical, encompassing a leadership and entrepreneurship curriculum, interactive teaching methods, intensive mentorship, hands-on experience in starting a business, and access to valuable out-of-school networks and resources.

Through their innovative educational model, Educate empowers students in Uganda, Rwanda, and Kenya with the tools they need to unlock their potential and create meaningful change within their communities. By combining theoretical knowledge with real-world application, Educate prepares its students for a successful future. Furthermore, Educate advocates for and works directly with schools to integrate this effective model into their educational systems. This commitment to systemic change ensures that the next generation of African leaders will receive a well-rounded education, setting them up for success and promoting sustainable economic growth.

In summary, Educate is a groundbreaking nonprofit organization that is dedicated to developing young leaders and entrepreneurs in Africa. Their educational model, which emphasizes leadership and entrepreneurship, interactive teaching, mentorship, and practical experience, is designed to empower African youth with the skills and knowledge they need to thrive and create positive change in their communities. By advocating for and integrating this model into educational systems, Educate is paving the way for a brighter future for the next generation of African leaders.

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Impact




October, 2024

Educate! has a profound impact on the development of young leaders and entrepreneurs in Africa. By delivering a comprehensive model of education, the organization equips youth in Uganda, Rwanda, and Kenya with essential skills necessary for success in today’s economy.

The organization implements three key solution lines that address the diverse needs of young people. Firstly, through School Solutions, Educate! integrates workforce readiness, entrepreneurship training, and 21st-century skills directly into school curricula. This empowers students with practical knowledge and skills while still in their academic environment.

Secondly, through Education System Solutions, Educate! partners with governments to influence and facilitate the integration of evidence-based skills education into national education systems. This collaboration ensures that educational reforms are sustainable and effective in preparing students for future challenges.

Finally, Out-of-School Youth Solutions address the needs of those who have stepped outside the formal education system. Educate! organizes bootcamps that provide practical skills training, helping these individuals transition to quality employment and encouraging entrepreneurship.

Overall, Educate! is instrumental in transforming the educational landscape in Africa, fostering leadership and entrepreneurial spirit among its youth, and contributing substantially to economic growth and development in the region.




This information is meant to be a general summary of Educate. 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
$17,513,135 (2022)
Expenses
$7,163,367 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $178,505
  • Gross Receipts: $17,513,135

Assets and Liabilities:

  • Total Assets: $22,620,487
  • Total Liabilities: $292,589
  • Net Assets: $22,327,898

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Organization Details

Founding Year

2005

Principal Officer

Boris Bulayev

Main Address

PO Box 12302, Denver, CO, 80212

NTEE Category

Code: Q33 - International

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