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Nonprofiteer
← 1EDTECH FOUNDATION

Form 990 for tax year 2022

Filed by 1EDTECH FOUNDATION.

Totals

Total revenue
$71,791
Total expenses
$71,983
Contributions and grants received
$71,791
Grants paid
$71,791
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$306,425
Total liabilities, end of year
$286,070
Net assets or fund balances, end of year
$20,355
Program services expenses (Part IX)
$71,791
Management and general expenses
$192
Fundraising expenses
$0
Program service expenses (Part III)
$71,791

Program services were 99.7% 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

    $71,791

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $71,791 · program services $71,791

  • 11b · Fees: legal

    total $177 · management and general $177

  • 13 · Office expenses

    total $15 · management and general $15

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $161,617 · end of year $306,425

  • 17 · Accounts payable and accrued expenses

    beginning of year $63,300 · end of year $63,300

  • 25 · Other liabilities

    beginning of year $77,770 · end of year $222,770

  • 27 · Net assets without donor restrictions

    beginning of year $20,547 · end of year $20,355

Mission and programs · 2022

Mission

TO PROVIDE SUPPORT AND OTHER ASSISTANCE TO ITS AFFILIATED ORGANIZATION, 1EDTECH CONSORTIUM, INC.

  • TO PROVIDE SUPPORT AND OTHER ASSISTANCE TO ITS AFFILIATED ORGANIZATION, 1EDTECH CONSORTIUM INC.

    Expenses $71,791 · Grants $71,791

As filed on the 2022 return.

Listed in Part VII

  • ROBERT J ABEL

    CEO (PRESIDENT OF THE BOARD)

    Total calculated
    $378,676
    From this org
    $0
    From related orgs
    $348,000
    Other
    $30,676
    Hours/week
    0.5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $304,500 related
    Bonus
    $0 + $43,500 related
    Other
    $0
    Deferred
    $0 + $17,865 related
    Nontaxable benefits
    $0 + $12,811 related
    Filer's total
    $0 + $378,676 related

  • LENNY SCHAD

    CHIEF TECHNOLOGY OFFICER

    Total calculated
    $0
    Hours/week
    0.5

  • PAUL CZARAPATA

    VICE PRESIDENT/CIO

    Total calculated
    $0
    Hours/week
    0.5

  • KEVIN TASHLIEN

    STRATEGY AND PERFORMANCE OFFICER

    Total calculated
    $0
    Hours/week
    0.5

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

None.

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

  • 1EDTECH CONSORTIUM INC

    $71,791

    PROGRAM SUPPORT: PROJECT MANAGEMENT, EVOLUTION OF 1EDTECH STANDARDS, SOFTWARE DEVELOPMENT, ETC

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
2022
Filed
8 February 2024
IRS schema version
2022v5.0
Source object
202400459349302025

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