Education Equity Fund Nfp

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

EIN: 851138259 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Education Equity Fund Nfp?

The Education Equity Fund Nfp, based in Chicago, Illinois, is a nonprofit organization dedicated to addressing critical labor market needs and promoting equitable opportunities for individuals from underrepresented groups, including people of color and low-income or first-generation students. Their mission involves expanding post-secondary educational opportunities and supporting success in high-quality career-preparation programs. By establishing income-sharing agreements with prospective students, they aim to enable individuals to pursue their chosen career paths in high-need professions, such as K-12 education. Initially, the Education Equity Fund supports a diverse group of high-potential, lower-income, and first-generation candidates who require financial assistance to enroll in and complete excellent training and degree programs, thereby preparing them for success in their chosen fields.


Official website here: www.edequityfund.org

Is Education Equity Fund Nfp legitimate?

Education Equity Fund Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Education Equity Fund Nfp 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.edequityfund.org

What is the mission statement of Education Equity Fund Nfp?

The Education Equity Fund NFP's mission is centered around addressing critical labor market needs and expanding equitable opportunities for individuals from underrepresented groups, including people of color and low-income or first-generation students. The organization aims to expand post-secondary educational opportunities and support success in high-quality career-preparation programs. The ultimate goal is to enable students from these groups to pursue their chosen career paths in high-need professions. Initially, the Fund supports a diverse group of high-potential, lower-income, and first-generation candidates who require financial assistance, enabling them to enroll in and complete excellent training and degree programs in preparation for success as K-12 educators.


Official website here: www.edequityfund.org

What is the revenue of Education Equity Fund Nfp?

Education Equity Fund Nfp's revenue in 2024 was $25,830.


Official website here: www.edequityfund.org

Who are the executives of Education Equity Fund Nfp and what are their salaries?

There 8 volunteers at Education Equity Fund Nfp.

Here are 8 key members and their salaries:


Andy Davis (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Ladky (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christian Feaman (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Kato (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Cannon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Fisher (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Efrain Martinez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stratford Shields (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.edequityfund.org

Where can I find the form 990EZ for Education Equity Fund Nfp?

Education Equity Fund Nfp's most recent form 990EZ was submitted in 2024 and can be accessed here.


Official website here: www.edequityfund.org

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

Mission Statement of Education Equity Fund Nfp

The Education Equity Fund Nfp is dedicated to addressing critical labor market needs and fostering equitable opportunities for individuals from underrepresented communities and low-income or first-generation students. The organization expands post-secondary educational opportunities and supports success in high-quality career-preparation programs. Its primary goal is to empower students, particularly a diverse group of high-potential candidates, by providing them with the necessary financial assistance to enroll in and complete excellent training and degree programs. Upon completion, these students are equipped to pursue a chosen career path in a high-need profession, thereby contributing positively to society.

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Impact




August, 2024

Education Equity Fund Nfp's impact is focused on meeting critical labor market needs and expanding equitable opportunities for people of color and low-income/first-generation students. The organization works to expand post-secondary educational opportunities and support success in high-quality career-preparation programs. By enabling students to pursue their chosen career paths in high-need professions, particularly in K-12 education, Education Equity Fund Nfp aims to uplift a diverse group of high-potential, lower-income, and first-generation candidates. Through income sharing agreements with prospective students, the organization provides the necessary financial assistance for these individuals to enroll in and successfully complete training and degree programs, setting them on the path for success as future educators.




This information is meant to be a general summary of Education Equity Fund Nfp. 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
$25,830 (2024)
Expenses
$39,825 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $1,213
  • Gross Receipts: $66,494

Assets and Liabilities:

  • Total Assets: $597,759
  • Total Liabilities: $546,923
  • Net Assets: $50,836

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Organization Details

Founding Year

2020

Principal Officer

Andy Davis

NTEE Category

Code: V12 - Social research

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