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Erudite Technology Group

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

EIN: 943251053 ✦ Palo alto, CA ✦ Designated as a 501(c)(3)

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Overview

What is Erudite Technology Group?

Erudite Technology Group, doing business as Hope Technology Group, is a nonprofit organization based in Palo Alto, California. Established with a mission to bridge the technology gap for disadvantaged and needy individuals, the organization opened a unique school named Hope Technology School (HTS) in 2001. The school provides an inclusive learning environment for both typical and special needs children, utilizing innovative technology methods. HTS serves students from preschool to high school, offering individualized instruction to foster each child's strengths and help them overcome weaknesses. The organization's team consists of highly qualified teachers and therapists, working closely with parents to ensure every child's growth and development. Erudite Technology Group, Inc. primarily aims to benefit children with special needs through various charitable, educational, and research initiatives. As of the 2021-2022 school year, HTS served around 100 students with its inclusive programs.


Official website here: www.hopetechnologyschool.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92% (Four-Star out of Four Star rating)

Erudite Technology Group, operating as Hope Technology Group, has earned a strong Four-Star rating from Charity Navigator, reflecting its commitment to accountability and financial integrity. This high score is based solely on its excellent performance in financial metrics, indicating effective management of resources and transparency in operations.

The organization showcases impressive governance with 83% of its board members being independent, ensuring that decisions are made impartially. Furthermore, it has a solid financial oversight structure, demonstrated by the presence of an Audit and Oversight Committee and comprehensive financial policies, including conflict of interest and whistleblower protections.

Despite the positive evaluation, the summary does not provide information on the organization's programmatic impact or community engagement, which could offer a more rounded view of its effectiveness in fulfilling its mission. Overall, Hope Technology Group appears to maintain robust financial health and governance practices.


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

Is Erudite Technology Group legitimate?

Erudite Technology Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. Erudite Technology Group 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: $33,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,303,504

For more financial information, click here


Official website here: www.hopetechnologyschool.org

What is the mission statement of Erudite Technology Group?

Erudite Technology Group Dba Hope Technology Group, as a nonprofit organization, is committed to promoting and fostering charitable, educational, scientific, and civic endeavors that serve the public, with a primary focus on benefiting children with special needs. They aim to achieve this through various means, which include establishing and operating a full-inclusion school, disseminating information, conducting research, developing educational material and software, recruiting technologically talented individuals, and providing consulting services to other nonprofit benevolent organizations. Their goal is to provide an exceptional learning experience for both typical and special needs children in a technology-rich environment, with small class sizes and low student-to-teacher ratios, allowing for individualized and small group instruction.


Official website here: www.hopetechnologyschool.org

Who is the CEO of Erudite Technology Group?

Cecilia Coyne is the Executive Dir. of Erudite Technology Group.


Official website here: www.hopetechnologyschool.org

What is the revenue of Erudite Technology Group?

Erudite Technology Group's revenue in 2022 was $1,986,763.


Official website here: www.hopetechnologyschool.org

Who are the executives of Erudite Technology Group and what are their salaries?

The average compensation at Erudite Technology Group during 2022 was $38,186. There are 35 employees and 30 volunteers at Erudite Technology Group.


Here are 8 key members and their salaries:


Gail Ewell (Executive Dir.)
  • Compensation: $18,274
  • Related: $0
  • Other: $15,750
Mary Wilson (Treasurer)
  • Compensation: $15,274
  • Related: $0
  • Other: $0
Russell Ewell (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cecilia Coyne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor Ward (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Schaffernoth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darren Holland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Bodzioch (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hopetechnologyschool.org

Where can I find the form 990 for Erudite Technology Group?

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


Official website here: www.hopetechnologyschool.org

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

Mission Statement of Erudite Technology Group

Erudite Technology Group Dba Hope Technology Group, a nonprofit organization, is established with a mission to bridge the technology gap for disadvantaged and needy individuals, recognizing its significance in the 21st century. The organization operates a private school, committed to providing an exceptional learning experience for both typical and special needs children in a technology-rich, full-inclusion environment. The school employs highly qualified teachers and therapists, working collaboratively with parents to cater to each child's unique developmental needs, offering individualized instruction and small group sessions. Erudite Technology Group Dba Hope Technology Group aims to identify and strengthen each child's strengths while helping them overcome their weaknesses.

In addition to its educational endeavors, Erudite Technology Group Dba Hope Technology Group is also a public benefit corporation, operating under the California Nonprofit Public Benefit Corporations Law for charitable purposes. The organization engages in various charitable, educational, scientific, and civic activities, primarily benefiting children with special needs. These activities include establishing and operating a full-inclusion school, disseminating information through various media, conducting research, developing educational materials and software, recruiting individuals with technological talents, and providing consulting services to other nonprofit organizations. Erudite Technology Group Dba Hope Technology Group's mission is to promote, encourage, and foster these endeavors, aiming to contribute positively to the public at large.

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Impact




July, 2024

Erudite Technology Group Dba Hope Technology Group's impact lies in providing access to technology and a high-quality education to disadvantaged and needy children, including those with special needs. By operating Hope Technology School, they have been able to offer a full-inclusion learning environment that is technology-rich, personalized, and supportive of individual strengths and weaknesses. The school's small class sizes and low student-to-teacher ratios further enhance the educational experience for the students. This initiative has been ongoing for over two decades, reflecting a long-term commitment to fulfilling the mission of providing first-class education with dignity and acceptance to all children, particularly those with special needs. The impact of Hope Technology School can be seen in the 70 students served in Kindergarten through 8th grade, 10 preschool students, 4 VocEd program participants, and 20 students in the Learning Curve high school program during the 2021-2022 school year.




This information is meant to be a general summary of Erudite Technology Group. 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
$1,986,763 (2022)
Expenses
$2,000,709 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$394
  • Program Service Revenue: $1,605,148
  • Gross Receipts: $1,987,196

Assets and Liabilities:

  • Total Assets: $751,233
  • Total Liabilities: $0
  • Net Assets: $751,233

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Programs

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

HTS THERAPY & SUPPL SRVC

Revenue

$116,189

HTS TUITION

Revenue

$1,480,228

OTHER FEES

Revenue

$8,731

Organization Details

Founding Year

1996

Principal Officer

Cecilia Coyne

Main Address

2525 E BAYSHORE ROAD, PALO ALTO, CA, 94303

NTEE Category

Code: B95Z - Education

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