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Nonprofiteer
← INNER CITY EDUCATION FOUNDATION

Form 990 for tax year 2023

Filed by INNER CITY EDUCATION FOUNDATION.

Totals

Total revenue
$55,808,501
Total expenses
$53,220,708
Contributions and grants received
$54,833,214
Grants paid
$0
Program service revenue
$0
Investment income
$281,540
Other revenue
$693,747
Total assets, end of year
$85,378,857
Total liabilities, end of year
$55,202,787
Net assets or fund balances, end of year
$30,176,070
Program services expenses (Part IX)
$44,833,528
Management and general expenses
$8,387,180
Fundraising expenses
$0
Program service expenses (Part III)
$44,833,528

Program services were 84.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • PARKER HUDNUT

    CEO

    Total calculated
    $314,946
    From this org
    $265,627
    From related orgs
    $0
    Other
    $49,319
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $265,627
    Bonus
    $0
    Other
    $0
    Deferred
    $26,563
    Nontaxable benefits
    $22,756
    Filer's total
    $314,946
  • LAURA HAYES

    ALDER PROGRAM DIRECTOR

    Total calculated
    $188,321
    From this org
    $151,887
    From related orgs
    $0
    Other
    $36,434
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $151,887
    Bonus
    $0
    Other
    $0
    Deferred
    $29,010
    Nontaxable benefits
    $7,424
    Filer's total
    $188,321
  • SHURON OWENS

    CHIEF ACADEMIC OFFICER

    Total calculated
    $180,034
    From this org
    $151,162
    From related orgs
    $0
    Other
    $28,872
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $151,162
    Bonus
    $0
    Other
    $0
    Deferred
    $28,872
    Nontaxable benefits
    $0
    Filer's total
    $180,034
  • DWAYNE WASHINGTON

    PRINCIPAL VPES & VPMS

    Total calculated
    $176,437
    From this org
    $136,500
    From related orgs
    $0
    Other
    $39,937
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $136,500
    Bonus
    $0
    Other
    $0
    Deferred
    $26,072
    Nontaxable benefits
    $13,865
    Filer's total
    $176,437
  • LESLIE SHAW-MCGEE

    PRINCIPAL IILA

    Total calculated
    $167,066
    From this org
    $129,514
    From related orgs
    $0
    Other
    $37,552
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $129,514
    Bonus
    $0
    Other
    $0
    Deferred
    $24,737
    Nontaxable benefits
    $12,815
    Filer's total
    $167,066
  • SHELBY PEALER

    MAN. DIR. OF STUDENT SERV. & SPED

    Total calculated
    $164,591
    From this org
    $140,625
    From related orgs
    $0
    Other
    $23,966
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $140,625
    Bonus
    $0
    Other
    $0
    Deferred
    $14,063
    Nontaxable benefits
    $9,903
    Filer's total
    $164,591
  • BRENNA PERSKY

    PRINCIPAL IVEA & IVMA

    Total calculated
    $160,882
    From this org
    $121,397
    From related orgs
    $0
    Other
    $39,485
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $121,397
    Bonus
    $0
    Other
    $0
    Deferred
    $23,187
    Nontaxable benefits
    $16,298
    Filer's total
    $160,882
  • KENNETH CHRISTMAS

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    2
  • ANGILA ROMIOUS

    BOARD SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • WILLIAM LUCAS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • BRANDON ROBERSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • TRAMELL JOHNSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • DAVID MOORE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • RONDA DIXON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • DANA HENRY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
7 May 2025
IRS schema version
2023v6.0
Source object
202521329349304252

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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