Education Development United Fellowship
Nonprofit profile at a glance
- EIN
- 208040903
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- Puyallup, WA, USA
- Phone
- 2533813444
- Rating
- 94
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community Foundations
Reported finances
- Revenue
- $99,113
- Expenses
- $122,537
- Assets
- $192,065
- Liabilities
- $945
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- MARGARET SCOTT (President)
- DR RANDY JAMES (Vice President)
People named in this filing
- MARGARET SCOTT (President)
- RANDY CRAKER (Chairman)
- PAT CRANE (BOOKKEEPER)
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
Education Development United Foundation was organized under the Missouri Nonprofit Foundation Act exclusively for charitable, scientific, and educational purposes that include the following: to develop resources for the support of education in various countries with projects for creation of scholarships, scholarship endowments, and other related educational endeavors.
What it reported doing in 2024
2024 Activities and AchievementsSent out monthly newsletter to over 300 readersEngaged new donorsRetired one board member and received another Led 20+ Zoom meeting with the trustees, committees and African leadersTrustees attended the graduation of the first cohort of an online masters program for four African students who were recipients of a three-way sponsorship, EDUF, the Africa Region of the Church of the Nazarene and the hosting university Trevecca Nazarene College.EDUF trustees attended the District Assemblies and made small presentations at the Missionary Conventions at two separate districts: Washington Pacific District andSouthwest Indiana District Church of the Nazarene.EDUF trustees led teams of volunteers to Africa for construction projectsOne to Milange, MozambiqueAnother to eSwatini and Tete, Mozambique where a school is named for one of the founders of EDUFEDUF President was a guest along with three African heads of institutions at a series of session with Nazarene Grant Pros, hosted by the International Board of Education.As spin off from the meeting with the Grant Pros, EDUF trustees hosted several online meetings of the G.R.A.N.T. (Grant Research Africa Nazarene Team). Moved funds: Donated thousands to projects in Africa Funded scholarships for 10 med tech students in eSwatiniFunded scholarships for faculty in Angola, Cape Verde, South Africa. Roofs for churches in Mozambique. Travel costs for faculty for a conference.Continued with two Investments one at Church of the Nazarene Foundation and another smaller amount in a 13 Month-cd at our bank CCUF Established a strategic partnership with NCM/Canada in order to ship strategic items acquired from the closure of Eastern Nazarene College in Quincy, MA to Nazarene universities in Kenya and eSwatini, 10 suitcases and dozens of boxes of scientific glassware, microscopes, teaching boards, chairs as well as 50+ boxes of books
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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 assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 97
- Transparency & Controls: 100
- Sustainability: 32
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 90.5%; rating input score 91
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: -23.6%; rating input score 21; 21st percentile among comparable filings
- Total-asset coverage ratio: 1.57; rating input score 59; 59th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 31; 31st percentile among comparable filings
- Officer compensation ratio: 15.5%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: 40.3% per year; rating input score 100; 91st percentile among comparable filings
- Revenue growth: 40.8% per year; rating input score 100; 96th percentile among comparable filings
- Asset growth: -1.7% per year; rating input score 0; 32nd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 90.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $111K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 2 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 — Sustainability: Operating margin scored 21/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 59/100.
- High — Sustainability: Officer compensation ratio scored 8/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 31/100.