Educateme Inc
Nonprofit profile at a glance
- EIN
- 471686642
- IRS 990-EZ coverage
- 2015–2024
- Forms available
- Form 990-EZ 2024
- Location
- Washington, DC, USA
- Phone
- 2026565566
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- International Relief
Reported finances
- Revenue
- $147,490
- Expenses
- $209,234
- Assets
- $16,818
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- KRIS O CARTER (PRESIDENT)
People named in this filing
- KRIS O CARTER (PRESIDENT)
- ALOYSIOUS BIGIRWA (MANAGING DIR)
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
Our mission is to make a small dent in the 30 million children in sub- saharan africa who currently do not attend school.
What it reported doing in 2024
Educateme provides school fee sponsorships for children and families in sub-saharan africa. School fees are a common problem for poor families, adding up to 20, 30 or even 40% of a poor family's income. Educateme raises sponsorships from donors who agree to pay for a child's school fees for as long as the child is in school. We work closely with a range of schools in africa to identify children in their immediate vicinity who are in need of sponsorship.
Operating model
- Revenue model
- Donor-supported. 100% 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
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: 89
- Transparency & Controls: 100
- Sustainability: 12
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.7%; rating input score 100
- Program expense ratio: 70.3%; rating input score 70
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: -41.9%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 0.08; rating input score 10; 10th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 13.2% per year; rating input score 100; 67th percentile among comparable filings
- Revenue growth: 5% per year; rating input score 100; 47th percentile among comparable filings
- Asset growth: 9.3% per year; rating input score 100; 59th percentile among comparable filings
Details
- Where the money goes: 99.7% of revenue deployed · 70.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $147K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 10 filing years from 2015 to 2024
- 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 3/100.
- High — Sustainability: Total-asset coverage ratio scored 10/100.