Edheads

Nonprofit profile at a glance

EIN
311789660
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024, Form 990-PF 2019
Location
Galloway, OH, USA
Phone
6145358126
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Educational Services and Schools - Other

Official website

Reported finances

Revenue
$85,713
Expenses
$53,888
Assets
$20,632
Liabilities
$14,624

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • BURT PROCTOR (PRESIDENT)

People named in this filing

  • BURT PROCTOR (PRESIDENT)
  • LAUREN CAPORASO-BOWMAN (TREASURER)
  • KEMBRAL NELSON (BOARD MEMBER)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Empower students to pursue fulfilling, productive careers in science, technology, engineering and math.

What it reported doing in 2024

Through corporate philanthropy, sponsorships, partnership and donations, edheads provides exciting games and experiences that inpire today's k-12 students to become stem leaders tomorrow. Edheads believes every student should have the opportunity to develop their potential and fulfill their dreams and career aspirations. To that end, edheads provides a free website with 9 different games for students to play simulation games that explore surgery, manufacturing, creating simple machines, predicting the weather, creating stem cells and more. The sites provide teacher's guides for use in the classroom setting. Most recently, edheads added 3 stem mysteries, which are designed to help teachers provide students with stem-related content promoting logical thinking, and added several stem pro biographies, in which students can explore careers and the career-pathways specific people took.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
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 revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 37
  • Transparency & Controls: 100
  • Sustainability: 49
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 30.4%; rating input score 30
  • Program expense ratio: 48.3%; rating input score 48

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 37.1%; rating input score 85; 85th percentile among comparable filings
  • Total-asset coverage ratio: 0.38; rating input score 25; 25th percentile among comparable filings
  • Liabilities to assets ratio: 0.71; rating input score 7; 7th percentile among comparable filings
  • Officer compensation ratio: 41.9%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: -44.6% per year; rating input score 0; 9th percentile among comparable filings
  • Revenue growth: 37.7% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: 46.7% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 30.4% of revenue deployed · 48.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $26K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 30/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 48/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 25/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.
  • High — Sustainability: Liabilities to assets ratio scored 7/100.