Totals
- Total revenue
- $1,762,143
- Total expenses
- $1,503,307
- Contributions and grants received
- $1,250,445
- Grants paid
- $0
- Program service revenue
- $492,083
- Investment income
- $19,615
- Other revenue
- $0
- Total assets, end of year
- $1,186,682
- Total liabilities, end of year
- $47,356
- Net assets or fund balances, end of year
- $1,139,326
- Program services expenses (Part IX)
- $1,144,231
- Management and general expenses
- $159,622
- Fundraising expenses
- $199,454
- Program service expenses (Part III)
- $1,144,231
Program services were 76.1% 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
$1,250,445
-
2a · Program service revenue: Computer Ditribution
total $492,083 · related or exempt $492,083
-
3 · Investment income
total $19,615 · excluded $19,615
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $98,583 · program services $75,909 · management and general $9,858 · fundraising $12,816
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $926,514 · program services $701,805 · management and general $98,441 · fundraising $126,268
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $3,859 · program services $3,859
-
10 · Payroll taxes
total $81,830 · program services $71,956 · management and general $5,940 · fundraising $3,934
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $35,401 · program services $14,999 · management and general $20,052 · fundraising $350
-
12 · Advertising and promotion
total $56,688 · program services $11,936 · fundraising $44,752
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $46,613 · program services $39,303 · management and general $7,310
-
17 · Travel
total $49,745 · program services $42,895 · management and general $5,051 · fundraising $1,799
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $1,340 · program services $1,144 · management and general $196
-
23 · Insurance
total $3,545 · management and general $3,545
-
24a · Other expenses: Computer Hardware and Software
total $131,657 · program services $131,657
-
24b · Other expenses: Supplies
total $33,062 · program services $31,108 · management and general $1,954
-
24c · Other expenses: Operations
total $19,460 · program services $9,714 · management and general $6,561 · fundraising $3,185
-
24d · Other expenses: Printing and Publications
total $7,946 · program services $7,946
-
24e · All other expenses
total $7,064 · management and general $714 · fundraising $6,350
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $600,539 · end of year $752,944
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
beginning of year $50,000 · end of year $163,561
-
4 · Accounts receivable
beginning of year $13,386 · end of year $10,055
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$14,481
-
10b · Land, buildings and equipment: accumulated depreciation
$11,049
-
10c · Land, buildings and equipment, net
beginning of year $4,772 · end of year $3,432
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $251,721 · end of year $256,690
-
17 · Accounts payable and accrued expenses
beginning of year $19,405 · end of year $23,565
-
25 · Other liabilities
beginning of year $20,523 · end of year $23,791
-
27 · Net assets without donor restrictions
beginning of year $880,490 · end of year $1,139,326
Mission and programs · 2023
Mission
The mission of E2D is to ensure that every student in North Carolina schools has essential, at-home access to computer technology and digital literacy support to achieve academic success.
-
Computer Refurbishment: we collect donated laptops from corporations that have been "wiped" clean of private information; our lab technicians then install new operating systems and software on the laptops, and ensure proper working order before they are distributed.
Expenses $933,653
-
Workforce Development: we hire high school aged youth and train them to be lab technicians who perform the refurbishment of the laptops. Their training is ongoing and includes some degree of mentorship from our leaders. We also collaborate with other organizations that offer similar training to youth.
Expenses $200,000
-
Computer Distribution: we work with schools to identify qualifying families who need laptops in their homes. We schedule distribuion events, usually at the schools, where families come to receive lapops (either free or sold at low price). .We continued our work with Affordable Housing complexresidents as well as began working aggressively in finding digital equity solutions for HBCU students.
Expenses $10,578 · Revenue $343,133
As filed on the 2023 return.
Listed in Part VII
-
Spence Millen
President
- Total calculated
- $98,583
- From this org
- $98,583
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
-
Courtney Ramey
Board Chair
- Total calculated
- $0
- Hours/week
- 1
-
Rob Phocas
Board member
- Total calculated
- $0
- Hours/week
- 1
-
Alex Salguedo
Board member
- Total calculated
- $0
- Hours/week
- 1
-
Reenie Askew
Board member
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan Olin
Board member
- Total calculated
- $0
- Hours/week
- 1
-
Michael Praeger
Board member
- Total calculated
- $0
- Hours/week
- 1
-
Angela Bhurji
Board member
- Total calculated
- $0
- Hours/week
- 1
-
Anthony Tanner
Board member
- Total calculated
- $0
- Hours/week
- 1
-
Dominique Johnson
Board member
- Total calculated
- $0
- Hours/week
- 1
-
Randy Alexander
Board member
- Total calculated
- $0
- Hours/week
- 1
-
Ann Clark
Board member
- Total calculated
- $0
- Hours/week
- 1
-
Michael Cowell
Board member
- Total calculated
- $0
- Hours/week
- 1
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 20 June 2024
- IRS schema version
- 2023v5.1
- Source object
- 202431729349301033
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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