Edovo Foundation
Nonprofit profile at a glance
- EIN
- 933120066
- IRS 990 coverage
- 2023–2025
- Forms available
- Form 990 2025
- Location
- Chicago, IL, USA
- Phone
- 3127575533
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Inmate Support
Reported finances
- Revenue
- $7,781,120
- Expenses
- $7,046,376
- Assets
- $3,715,239
- Liabilities
- $1,151,860
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- BRIAN HILL (CEO/BOARD PRESIDENT)
Highest reported compensation
- BRIAN HILL (CEO/BOARD PRESIDENT): $236,056 total reported compensation
- MIKE EBERT (CHIEF TECHNOLOGY OFFICER): $198,977 total reported compensation
- RICK CROWLEY (COO, CFO/BOARD TREASURER & SECRETARY): $194,864 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Edovo helps everyone connected to incarceration build better lives by addressing the critical gap in rehabilitative programming. Historically, only 18% of incarcerated individuals had meaningful access to programming limiting in custody and reentry success. Our secure, app-based platform, available to over one million incarcerated individuals nationwide, removes barriers by delivering free educational, vocational, and life skills resources ensuring scalable, cost-effective access that empowers individuals to live successful lives during and after incarceration.
What it reported doing in 2025
Edovo provides a robust learning platform to over 1.1 million incarcerated individuals nationwide. The platform, built exclusively for the correctional environment, delivers over 35,000 hours of academic, vocational and self-improvement content at no cost to the incarcerated population. Since inception, 2.2 million incarcerated individuals have logged over 95 million hours of learning on edovo. Engagement on edovo earns incarcerated individuals a comprehensive digital transcript, securely accessible by loved ones and other justice-decision makers, aiding in sentence reduction, pre trial outcomes, and familial support. Content delivered on edovo is carefully crafted and curated to ensure that the content is relevant, trauma-informed, and safe for our target audience. Beyond content delivery, edovo provides tools for facilities to engage with their population, celebrate engagement numbers and create their own custom content. Edovo is currently accessible by over 60% of the incarcerated population in the us, and in a recent survey, over 90% of participants report that edovo positively impacts their incarceration.
Operating model
- Revenue model
- Earned-program. 77% of the money available for current operations came from fees and other program revenue.
- 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 68
- Transparency & Controls: 70
- Accountability: 84
- Sustainability: 35
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72.2%; rating input score 72
- Program expense ratio: 80%; rating input score 80
- Fundraising efficiency: $3.53 raised per $1 spent on fundraising; rating input score 9; 9th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 80%; rating input score 80; 16th 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: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 9.4%; rating input score 54; 54th percentile among comparable filings
- Total-asset coverage ratio: 0.53; rating input score 17; 17th percentile among comparable filings
- Liabilities to assets ratio: 0.31; rating input score 26; 26th percentile among comparable filings
- Officer compensation ratio: 23%; rating input score 13; 13th percentile among comparable filings
Growth
- Program expense growth: 79.8% per year; rating input score 100; 98th percentile among comparable filings
- Revenue growth: 70.4% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: 77.8% per year; rating input score 100; 99th percentile among comparable filings
Details
- Where the money goes: 72.2% of revenue deployed · 80% of spending went to programs
- Governance: 4 of 5 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $5.6M in reported program spending
- Leadership: top reported pay $236K · 13 people listed · 1 of 6 pay-setting controls reported
- Consistency: 30 of 30 current checks pass
- Schedules: 5 filed schedules · includes major donors and executive pay
- Filing history: 3 filing years from 2023 to 2025
- Contacts: How to reach this organization
- Money network: 9 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.
- High — Financial Efficiency: Fundraising efficiency scored 9/100.
- High — Sustainability: Total-asset coverage ratio scored 17/100.
- Review — Sustainability: Operating margin scored 54/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Officer compensation ratio scored 13/100.
- High — Sustainability: Liabilities to assets ratio scored 26/100.