E2D

Legal name: E2D Inc E2D Eliminate the Digital Divide

Nonprofit profile at a glance

EIN
465008759
IRS 990 coverage
2016–2025
Official website data refreshed
Sep 2026
Forms available
Form 990 2025, Form 990-EZ 2015
Location
Cornelius, NC, US
Phone
(704) 657-0408
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Educational Services and Schools - Other

Official website

Reported finances

Revenue
$4,377,281
Expenses
$3,211,700
Assets
$3,834,469
Liabilities
$29,002

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • Spence Millen (President)

Highest reported compensation

  • Spence Millen (President): $130,000 total reported compensation
  • Ashley Smith (VP of Operation): $108,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

E2D expands economic opportunity by training young adults, transforming donated technology, and equipping North Carolina communities with essential digital tools and skills.

What it reported doing in 2025

Computer Refurbishment and Recycling: We partner with leading corporations to securely source and divert end-of-cycle laptops from landfills. Adhering to strict data-security standards, our specialized tech labs completely sanitize hardware, upgrade internal components, and install modern operating systems and essential educational software. This program creates a sustainable pipeline of high-quality, fully optimized digital assets, transforming corporate electronic waste into powerful, deployment-ready learning tools for families experiencing the digital divide.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 63
  • Transparency & Controls: 92
  • Accountability: 68
  • Sustainability: 63
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 59.6%; rating input score 60
  • Program expense ratio: 79.9%; rating input score 80
  • Fundraising efficiency: $8.36 raised per $1 spent on fundraising; rating input score 29; 29th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 2 of 9 controls in place; rating input score 22
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 26.6%; rating input score 79; 79th percentile among comparable filings
  • Total-asset coverage ratio: 1.19; rating input score 40; 40th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 7.4%; rating input score 43; 43rd percentile among comparable filings

Growth

  • Program expense growth: 27.5% per year; rating input score 100; 90th percentile among comparable filings
  • Revenue growth: 27.9% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: 32.7% per year; rating input score 100; 94th percentile among comparable filings

Details

  • What they do: 7 programs and campaigns described on the official site · 4 operating locations identified
  • Where the money goes: 59.6% of revenue deployed · 79.9% of spending went to programs
  • Governance: 11 of 11 board members independent · 2 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $2.6M in reported program spending
  • Leadership: top reported pay $130K · 13 people listed
  • Consistency: 26 of 26 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 9 filing years from 2016 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Accountability: Governance controls: 7 of 9 not reported.
  • High — Financial Efficiency: Fundraising efficiency scored 29/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
  • Moderate — Sustainability: Officer compensation ratio scored 43/100.