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Nonprofiteer
← EDUCATION RESOURCE STRATEGIES INC

Form 990 for tax year 2023

Filed by EDUCATION RESOURCE STRATEGIES INC.

Totals

Total revenue
$17,929,911
Total expenses
$16,674,383
Contributions and grants received
$8,525,624
Grants paid
$125,000
Program service revenue
$9,127,387
Investment income
$261,350
Other revenue
$15,550
Total assets, end of year
$21,719,071
Total liabilities, end of year
$7,115,041
Net assets or fund balances, end of year
$14,604,030
Program services expenses (Part IX)
$14,401,049
Management and general expenses
$1,991,800
Fundraising expenses
$281,534
Program service expenses (Part III)
$14,401,049

Program services were 86.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $8,525,624

  • 2a · Program service revenue: CONTRACT SERVICE REVENUE

    total $8,987,637 · related or exempt $8,987,637

  • 2b · Program service revenue: LICENSING INCOME

    total $139,750 · related or exempt $139,750

  • 3 · Investment income

    total $354,609 · excluded $354,609

  • 7a · Gross sales of assets other than inventory

    securities $4,850,436

  • 7b · Less cost or other basis and sales expenses

    securities $4,943,695

  • 7c · Gain or loss

    securities -$93,259

  • 7d · Net gain or loss

    total -$93,259 · excluded -$93,259

  • 11a · Other revenue: MISCELLANEOUS

    total $15,550 · related or exempt $15,550

  • 11e · Other revenue, total

    $15,550

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $125,000 · program services $125,000

  • 5 · Compensation of officers, directors and key employees

    total $1,323,732 · program services $853,527 · management and general $335,391 · fundraising $134,814

  • 7 · Other salaries and wages

    total $9,225,517 · program services $8,555,115 · management and general $579,410 · fundraising $90,992

  • 8 · Pension plan contributions

    total $233,030 · program services $212,878 · management and general $20,152

  • 9 · Other employee benefits

    total $487,216 · program services $428,329 · management and general $58,814 · fundraising $73

  • 10 · Payroll taxes

    total $776,879 · program services $677,278 · management and general $85,141 · fundraising $14,460

  • 11b · Fees: legal

    total $9,717 · program services $4,871 · management and general $4,750 · fundraising $96

  • 11c · Fees: accounting

    total $33,438 · management and general $33,438

  • 11f · Fees: investment management

    total $99,965 · management and general $99,965

  • 11g · Fees: other

    total $1,235,437 · program services $848,246 · management and general $381,280 · fundraising $5,911

  • 13 · Office expenses

    total $807,295 · program services $682,268 · management and general $113,030 · fundraising $11,997

  • 16 · Occupancy

    total $894,812 · program services $769,151 · management and general $110,471 · fundraising $15,190

  • 17 · Travel

    total $453,697 · program services $427,398 · management and general $24,318 · fundraising $1,981

  • 20 · Interest

    total $36,843 · program services $31,669 · management and general $4,549 · fundraising $625

  • 22 · Depreciation, depletion and amortization

    total $372,119 · program services $364,990 · management and general $5,193 · fundraising $1,936

  • 23 · Insurance

    total $54,861 · program services $47,157 · management and general $6,773 · fundraising $931

  • 24a · Other expenses: PROFESSIONAL DEVELOPMEN

    total $414,079 · program services $362,600 · management and general $49,145 · fundraising $2,334

  • 24b · Other expenses: MISCELLANEOUS

    total $50,103 · program services $10,572 · management and general $39,337 · fundraising $194

  • 24c · Other expenses: BAD DEBT EXPENSE

    total $40,643 · management and general $40,643

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $189,500 · end of year $2,154,924

  • 2 · Savings and temporary cash investments

    beginning of year $3,861 · end of year $3,862

  • 3 · Pledges and grants receivable

    beginning of year $87,500

  • 4 · Accounts receivable

    beginning of year $2,775,659 · end of year $3,985,208

  • 9 · Prepaid expenses and deferred charges

    beginning of year $321,893 · end of year $259,185

  • 10a · Land, buildings and equipment: cost or other basis

    $9,162,913

  • 10b · Land, buildings and equipment: accumulated depreciation

    $8,112,565

  • 10c · Land, buildings and equipment, net

    beginning of year $784,518 · end of year $1,050,348

  • 11 · Investments: publicly traded securities

    beginning of year $9,388,308 · end of year $10,134,738

  • 15 · Other assets

    beginning of year $4,923,466 · end of year $4,130,806

  • 17 · Accounts payable and accrued expenses

    beginning of year $592,276 · end of year $1,989,015

  • 19 · Deferred revenue

    beginning of year $368,873 · end of year $429,493

  • 25 · Other liabilities

    beginning of year $5,075,100 · end of year $4,696,533

  • 27 · Net assets without donor restrictions

    beginning of year $10,637,281 · end of year $9,800,283

  • 28 · Net assets with donor restrictions

    beginning of year $1,801,175 · end of year $4,803,747

Mission and programs · 2023

Mission

ERS IS A NON-PROFIT ORGANIZATION DEDICATED TO TRANSFORMING URBAN SCHOOL SYSTEMS BY HELPING LEADERS STRATEGICALLY USE RESOURCES TO DRAMATICALLY IMPROVE STUDENT LEARNING.

Activities or mission (Part I)

DEDICATED TO TRANSFORMING URBAN SCHOOL SYSTEMS BY HELPING LEADERS STRATEGICALLY USE RESOURCES TO DRAMATICALLY IMPROVE STUDENT LEARNING.

  • CONSULTING:ERS' GOAL IS TO CHANGE THE WAY TIME, PEOPLE AND MONEY ARE USED IN URBAN EDUCATION SO THAT ALL STUDENTS RECEIVE THE SUPPORT THEY NEED TO SUCCEED. WE WORK WITH LARGE URBAN SCHOOL SYSTEMS TO TRANSFORM THEIR RESOURCE USE TO DRAMATICALLY IMPROVE STUDENT LEARNING. ERS HAS DEVELOPED A VISION FOR HOW SCHOOLS CAN STRATEGICALLY MANAGE THEIR RESOURCES TO SUPPORT STUDENTS, AND HOW SCHOOL SYSTEMS CAN ORGANIZE TO SUPPORT SCHOOLS IN THESE EFFORTS. WE WORK HAND-IN-HAND WITH DISTRICTS TO IMPLEMENT SOLUTIONS THAT ENABLE SCHOOL SYSTEMS TO REALIZE THIS TRANSFORMATION. IN ADDITION, WE HAVE BEGUN WORKING WITH STATES AROUND ON HOW THEY CAN SUPPORT THEIR DISTRICTS IN TRANSFORMATION.

    Expenses $9,805,338 · Grants $125,000 · Revenue $8,987,637

  • FIELD BUILDINGKNOWLEDGE AND RESEARCH:ERS IS THE ONLY ORGANIZATION WITH MORE THAN 10 YEARS' EXPERIENCE WORKING WITH THE LARGEST URBAN SCHOOL SYSTEMS IN THE COUNTRY IN THE AREA OF STRATEGIC RESOURCE ALLOCATION. WE HAVE WORKED WITH MORE THAN 20 SCHOOL SYSTEMS NATIONWIDE TO INTRODUCE INNOVATIVE AND EFFECTIVE SOLUTIONS. ERS IS COMMITTED TO DISSEMINATING THE KNOWLEDGE GAINED FROM OUR EXPERIENCE AND RESEARCH BY PROVIDING INFORMATION DIRECTLY TO DISTRICT LEADERS, PARTNERING WITH NATIONAL ORGANIZATIONS TO GET THE WORD OUT, AND CONVENING THOUGHT LEADERS AND PRACTITIONERS.TOOLS AND TRAINING:ERS HAS DEVELOPED A COLLECTION OF RESOURCES AND TOOLS TO AID DISTRICTS AND SCHOOLS TO IDENTIFY AREAS OF UNINTENTIONAL "MISALIGNMENT', WHERE SPENDING PATTERNS DO NOT ACTUALLY SUPPORT STRATEGIC GOALS THAT WILL LEAD TO HIGH PERFORMING SCHOOLS. VARIOUS TOOLS ARE AVAILABLE TO SUPPORT DISTRICT LEADERS IN BOTH GETTING A QUICK OVERVIEW OF RESOURCE ALLOCATION CHALLENGES AND IN CONDUCTING IN-DEPTH ANALYSIS USING ACTUAL DISTRICT AND SCHOOL-LEVEL DATA. SOME ARE AVAILABLE TO DOWNLOAD FROM THE ERS WEBSITE AT NO COSTS. IN ADDITION, ERS IS BEGINNING TO OFFER DIRECT SUPPORT TO HELP SCHOOL AND DISTRICT LEADERS, AND THOSE WHO SUPPORT THEM, TO MAKE EFFECTIVE USE OF OUR TOOLS TO CREATE LOCAL CHANGE.

    Expenses $4,595,711 · Revenue $155,300

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • MARCIA BLENKO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DESMOND BLACKBURN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • PETER C GORMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ELLEN GUINEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MONICA HIGGINS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • IRVIN LEON SCOTT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ANN CLARK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JEAN-CLAUDE BRIZARD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KIRA ORANGE JONES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JONATHAN TRAVERS

    PRESIDENT/MANAGING PARTNER

    Total calculated
    $321,230
    From this org
    $285,387
    From related orgs
    $0
    Other
    $35,843
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $285,387
    Bonus
    $0
    Other
    $0
    Deferred
    $14,708
    Nontaxable benefits
    $21,135
    Filer's total
    $321,230

  • KAREN BAROODY

    PARTNER/MANAGING DIRECTOR

    Total calculated
    $151,441
    From this org
    $144,230
    From related orgs
    $0
    Other
    $7,211
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $144,230
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $7,211
    Filer's total
    $151,441

  • KAREN H MILES

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $257,715
    From this org
    $231,737
    From related orgs
    $0
    Other
    $25,978
    Hours/week
    32

    Schedule J breakdown matched by us

    Base
    $231,737
    Bonus
    $0
    Other
    $0
    Deferred
    $11,687
    Nontaxable benefits
    $14,291
    Filer's total
    $257,715

  • RENEE HARPER

    CHIEF FINANCIAL OFFICER

    Total calculated
    $217,595
    From this org
    $206,293
    From related orgs
    $0
    Other
    $11,302
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $206,293
    Bonus
    $0
    Other
    $0
    Deferred
    $10,375
    Nontaxable benefits
    $927
    Filer's total
    $217,595

  • GREG HILLS

    COO/MANAGING PARTNER

    Total calculated
    $95,012
    From this org
    $94,835
    From related orgs
    $0
    Other
    $177
    Hours/week
    45

  • BETTY CHANG

    MANAGING PARTNER

    Total calculated
    $249,160
    From this org
    $215,426
    From related orgs
    $0
    Other
    $33,734
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $215,426
    Bonus
    $0
    Other
    $0
    Deferred
    $11,250
    Nontaxable benefits
    $22,484
    Filer's total
    $249,160

  • DAVID ROSENBERG

    PARTNER

    Total calculated
    $273,031
    From this org
    $264,923
    From related orgs
    $0
    Other
    $8,108
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $264,923
    Bonus
    $0
    Other
    $0
    Deferred
    $6,719
    Nontaxable benefits
    $1,389
    Filer's total
    $273,031

  • ANGELA KING SMITH

    PARTNER

    Total calculated
    $264,296
    From this org
    $243,079
    From related orgs
    $0
    Other
    $21,217
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $243,079
    Bonus
    $0
    Other
    $0
    Deferred
    $6,750
    Nontaxable benefits
    $14,467
    Filer's total
    $264,296

  • JOSEPH J TRAWICK-SMITH

    PARTNER

    Total calculated
    $254,538
    From this org
    $230,686
    From related orgs
    $0
    Other
    $23,852
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $230,686
    Bonus
    $0
    Other
    $0
    Deferred
    $10,650
    Nontaxable benefits
    $13,202
    Filer's total
    $254,538

  • VENTURA RODRIGUEZ

    PARTNER

    Total calculated
    $252,403
    From this org
    $245,519
    From related orgs
    $0
    Other
    $6,884
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $245,519
    Bonus
    $0
    Other
    $0
    Deferred
    $6,188
    Nontaxable benefits
    $696
    Filer's total
    $252,403

  • EMILY PARFIT

    PARTNER

    Total calculated
    $203,951
    From this org
    $193,360
    From related orgs
    $0
    Other
    $10,591
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $193,360
    Bonus
    $0
    Other
    $0
    Deferred
    $9,657
    Nontaxable benefits
    $934
    Filer's total
    $203,951

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 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 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

Provenance

Return type
form_990
Tax year
2023
Filed
19 September 2024
IRS schema version
2023v5.1
Source object
202402639349301400

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