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← EDUCATORS FOR QUALITY ALTERNATIVES

Form 990 for tax year 2023

Filed by EDUCATORS FOR QUALITY ALTERNATIVES.

Totals

Total revenue
$12,278,947
Total expenses
$12,183,118
Contributions and grants received
$12,153,543
Grants paid
$0
Program service revenue
$14,833
Investment income
-$1,095
Other revenue
$111,666
Total assets, end of year
$4,998,781
Total liabilities, end of year
$1,498,250
Net assets or fund balances, end of year
$3,500,531
Program services expenses (Part IX)
$10,847,717
Management and general expenses
$1,327,686
Fundraising expenses
$7,715
Program service expenses (Part III)
$10,847,717

Program services were 89.0% 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.

  • 1e · Government grants (contributions)

    $11,643,411

  • 1f · All other contributions, gifts and grants

    $510,132

  • 2a · Program service revenue: THE NEST

    total $12,311 · related or exempt $12,311

  • 2b · Program service revenue: MEDICAID

    total $2,522 · related or exempt $2,522

  • 3 · Investment income

    total $2,800 · excluded $2,800

  • 6a · Gross rents

    real property $136,655

  • 6b · Less rental expenses

    real property $24,989

  • 6c · Rental income or loss

    real property $111,666

  • 6d · Net rental income or loss

    total $111,666 · excluded $111,666

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

    securities $3,895

  • 7c · Gain or loss

    securities -$3,895

  • 7d · Net gain or loss

    total -$3,895 · excluded -$3,895

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $154,304 · program services $115,728 · management and general $30,861 · fundraising $7,715

  • 7 · Other salaries and wages

    total $5,918,449 · program services $5,532,662 · management and general $385,787

  • 8 · Pension plan contributions

    total $347,010 · program services $324,532 · management and general $22,478

  • 9 · Other employee benefits

    total $654,918 · program services $626,450 · management and general $28,468

  • 10 · Payroll taxes

    total $366,801 · program services $333,685 · management and general $33,116

  • 11c · Fees: accounting

    total $66,738 · management and general $66,738

  • 11g · Fees: other

    total $1,073,401 · program services $699,754 · management and general $373,647

  • 13 · Office expenses

    total $235,857 · program services $230,223 · management and general $5,634

  • 16 · Occupancy

    total $1,021,650 · program services $1,020,237 · management and general $1,413

  • 22 · Depreciation, depletion and amortization

    total $63,072 · management and general $63,072

  • 23 · Insurance

    total $115,273 · program services $115,273

  • 24a · Other expenses: EDUCATIONAL PROGRAMS

    total $617,530 · program services $617,530

  • 24b · Other expenses: STUDENT TRANSPORTATION

    total $502,025 · program services $502,025

  • 24c · Other expenses: DUES & FEES

    total $285,163 · management and general $285,163

  • 24d · Other expenses: INSTRUCTIONAL SUPPLIES

    total $274,701 · program services $274,701

  • 24e · All other expenses

    total $486,226 · program services $454,917 · management and general $31,309

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,164,990 · end of year $2,032,717

  • 2 · Savings and temporary cash investments

    beginning of year $809,165 · end of year $459,050

  • 3 · Pledges and grants receivable

    beginning of year $1,258,946 · end of year $742,624

  • 9 · Prepaid expenses and deferred charges

    beginning of year $290,113 · end of year $62,176

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

    $992,506

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

    $536,250

  • 10c · Land, buildings and equipment, net

    beginning of year $25,675 · end of year $456,256

  • 11 · Investments: publicly traded securities

    beginning of year $155,639 · end of year $183,569

  • 15 · Other assets

    beginning of year $1,036,356 · end of year $1,062,389

  • 17 · Accounts payable and accrued expenses

    beginning of year $327,955 · end of year $432,785

  • 25 · Other liabilities

    beginning of year $1,029,270 · end of year $1,065,465

  • 27 · Net assets without donor restrictions

    beginning of year $3,228,020 · end of year $3,316,332

  • 28 · Net assets with donor restrictions

    beginning of year $155,639 · end of year $184,199

Mission and programs · 2023

Mission

TO PROVIDE STRUGGLING HIGH SCHOOL STUDENTS WITH THE SKILLS, CONFIDENCE, AND EXPERIENCES NECESSARY TO SUCCEED IN THE EDUCATION AND CAREER PATHS OF THEIR CHOICE.

  • THE ORGANIZATION RUNS THE NET: CENTRAL CITY, THE NET: GENTILLY, AND THE NEW ORLEANS ACCELERATED HIGH SCHOOL. TOGETHER THESE SCHOOLS SERVE APPROXIMATELY 400 8TH-12TH GRADERS AND HAVE CONSISTENTLY MET OR EXCEEDED THEIR ACHIEVEMENT GOALS ON THE ALTERNATIVE ACCOUNTABILITY RUBRIC. OVER 1,000 STUDENTS HAVE GRADUATED FROM THE NETS AND THE SCHOOLS HAVE EARNED A SOLID REPUTATION AMONG FAMILIES, ADVOCATES, AND EDUCATORS FOR EMBRACING STUDENTS WITH SIGNIFICANT NEEDS AND PROVIDING A TRANSFORMATIONAL EXPERIENCE TO SUPPORT THEIR ACADEMIC AND BEHAVIORALGROWTH. EQA RUNS THE BRIDGE MIDDLE SCHOOL. THE BRIDGE HAS SERVED EVERY 7TH AND 8TH GRADER EXPELLED IN ORLEANS PARISH. THIS PROGRAM HAS CONSISTENTLY MET AND EXCEEDED ALL CONTRACTED GOALS. SINCE OPENING IN 2019, ONLY 1 MIDDLE SCHOOL STUDENT IN THE CITY OF NEW ORLEANS HAS BEEN RE-EXPELLED, A SIGNIFICANT IMPROVEMENT OVER RE-EXPULSION RATES WITH ALL PREVIOUS ALTERNATIVE SCHOOLS. EQA RUNS THE NEST. THE NEST CHILDCARE CENTER PROVIDES FREE CHILDCARE TO THE INFANTS AND TODDLERS OF STUDENTS AT EQA'S HIGH SCHOOLS. APPROXIMATELY 20% OF EQA'S STUDENTS ARE TEENAGE PARENTS AND HAVING ON CAMPUS CHILDCARE IS AN IMPORTANT PART OF SUPPORTING THEM IN EARNING THEIR DIPLOMAS.EQA ALSO ACCEPTS MEDICAID FOR RELATED SPECIAL EDUCATION SERVICES (SPEECH THERAPY AND BEHAVIORAL SERVICES) WHICH WOULD BE REQUIRED BY AN ENROLLED STUDENT'S IEP.

    Expenses $10,847,717 · Revenue $14,833

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

Listed in Part VII

  • Julio Bermudez

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Nelly Lopez

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Donna Paramore

    MEMBER (THRU 04/2024)

    Total calculated
    $0
    Hours/week
    2

  • Janine Guzzo

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Laura Page

    MEMBER (THRU 04/2024)

    Total calculated
    $0
    Hours/week
    2

  • Tim Gray

    PRESIDENT

    Total calculated
    $0
    Hours/week
    4

  • Dr Ivan Gill

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Trey Ragan

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Cecelia Gilliam

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Shakari Fraser

    VICE SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Elizabeth Ostberg

    CEO

    Total calculated
    $154,304
    From this org
    $130,399
    From related orgs
    $0
    Other
    $23,905
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $130,399
    Bonus
    $0
    Other
    $0
    Deferred
    $8,238
    Nontaxable benefits
    $15,667
    Filer's total
    $154,304

  • Neil Poynter

    CHIEF OF SCHOOLS

    Total calculated
    $121,665
    From this org
    $106,861
    From related orgs
    $0
    Other
    $14,804
    Hours/week
    50

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.

Provenance

Return type
form_990
Tax year
2023
Filed
2 May 2025
IRS schema version
2023v6.0
Source object
202531329349305728

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