50CAN
Legal name: 50Can Inc
Nonprofit profile at a glance
- EIN
- 273069592
- IRS 990 coverage
- 2011–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Washington, DC, US
- Phone
- 3014588452
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Alliance/Advocacy Organizations
Reported finances
- Revenue
- $97,340,773
- Expenses
- $82,792,997
- Assets
- $36,761,998
- Liabilities
- $4,212,235
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- MARC MAGEE (CEO & TREASURER)
- DERRELL BRADFORD (PRESIDENT)
- JONATHAN NIKKILA (EXECUTIVE VICE PRESIDENT)
- RESHMA SINGH (EXECUTIVE DIRECTOR OF PACE)
- BENJAMIN AUSTIN (EXECUTIVE DIRECTOR OF ECRN)
- PAULA WHITE (EXECUTIVE DIRECTOR)
Highest reported compensation
- MARC MAGEE (CEO & TREASURER): $424,644 total reported compensation
- BENJAMIN AUSTIN (EXECUTIVE DIRECTOR OF ECRN): $334,414 total reported compensation
- DERRELL BRADFORD (PRESIDENT): $332,048 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
50CAN is a nationwide movement to build the future of education.
What it reported doing in 2024
Fiscal sponsorships50can offers fiscal sponsorship services to partner organizations that work within the organization's believe in better policy framework. To date, these relationships have been offered to new organizations awaiting independent 501(c)(3) status or to those who want to utilize 50can's financial and administrative management.
Operating model
- Revenue model
- Donor-supported. 93% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 71% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 84
- Accountability: 89
- Sustainability: 57
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.5%; rating input score 80
- Program expense ratio: 93.2%; rating input score 93
- Fundraising efficiency: $373.59 raised per $1 spent on fundraising; rating input score 93; 93rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 99.9%; rating input score 100; 46th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 88.9%; rating input score 89; 36th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 14.9%; rating input score 82; 82nd percentile among comparable filings
- Total-asset coverage ratio: 0.44; rating input score 16; 16th percentile among comparable filings
- Liabilities to assets ratio: 0.11; rating input score 81; 81st percentile among comparable filings
- Officer compensation ratio: 3.2%; rating input score 35; 35th percentile among comparable filings
Growth
- Program expense growth: 28.8% per year; rating input score 100; 96th percentile among comparable filings
- Revenue growth: 25% per year; rating input score 100; 96th percentile among comparable filings
- Asset growth: 20.6% per year; rating input score 100; 93rd percentile among comparable filings
Details
- What they do: 7 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 79.5% of revenue deployed · 93.2% of spending went to programs
- Governance: 8 of 9 board members independent · 8 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $77.2M in reported program spending
- Leadership: top reported pay $425K · 17 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $6M reported
- Consistency: 35 of 35 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 13 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 206 filed money-flow records
- Related organizations: 199 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Total-asset coverage ratio scored 16/100.
- Review — Accountability: Governance controls: Audit committee oversight not reported.
- Moderate — Sustainability: Officer compensation ratio scored 35/100.