Creating Opportunities for Educational Development
Nonprofit profile at a glance
- EIN
- 272973078
- IRS 990-EZ coverage
- 2014–2025
- Forms available
- Form 990 2024, Form 990-EZ 2025, Form 990-N 2010
- Location
- West Sacramento, CA, USA
- Phone
- 9165448622
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $17,879
- Expenses
- $29,340
- Assets
- $45,890
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Marylou V Carlos (President)
People named in this filing
- Rommel Carlos (Board of Director)
- Raeselle Lao (Board of Director)
- Errolben Elepano (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization raises funds to provide educational scholarships (college education) to indigent students who are deserving of getting a college education based on their academic and extra curricular performance in high school. However, they cannot afford to attend university and go to college since their families are very poor and their parents cannot afford to send them to school. The students and their families live in poverty. In addition to the inability to go to school, these students are also expected to earn a living for their families, therefore going to college is not an option for them without a scholarship.
What it reported doing in 2025
In 2019, COED initiated an effort to reach out to the indigenous tribe of the Philippines, the Aetas of Tarlac. The tribe lives in the mountains of Tarlac and education is very hard to achieve. There are very few children who finish elementary school, let alone high school or achieve a college degree. As it stands right now, there is only a school there up to 3rd grade, then after third grade, the students will have to walk for about 10 km to attend 4th grade up to high school. In addition, since the members of the tribe look physically different from the children of the lowlands, they are discriminated and bullied in school. The Board members communicate with the student coordinator regularly to provide guidance on the financial assistance the students are receiving for their studies. In 2024, three of the Aeta students graduated. In 2025, COED has 6 Aeta scholars continuing to pursue their degrees in education, agriculture and engineering.
Operating model
- Revenue model
- Donor-supported. 94% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 97
- Transparency & Controls: 65
- Sustainability: 36
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 92.9%; rating input score 93
Transparency & Controls
- Consistency checks: 80%; rating input score 80; 2nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -64.1%; rating input score 10; 10th percentile among comparable filings
- Total-asset coverage ratio: 1.56; rating input score 59; 59th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 16.1% per year; rating input score 100; 78th percentile among comparable filings
- Revenue growth: 14.5% per year; rating input score 100; 86th percentile among comparable filings
- Asset growth: 14.3% per year; rating input score 100; 78th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 92.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $27K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 9 filing years from 2014 to 2025
- Contacts: How to reach this organization
- 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: Operating margin scored 10/100.
- Review — Sustainability: Total-asset coverage ratio scored 59/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.