Discoveru

Organization Overview

Discoveru is located in Houston, TX. The organization was established in 2008. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 07/2021, Discoveru employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Discoveru is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 07/2021, Discoveru generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 28.9% each year . All expenses for the organization totaled $1.2m during the year ending 07/2021. While expenses have increased by 24.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

WE ENVISION THE DAY WHEN ALL YOUNG PEOPLE DEMONSTRATE THE ABILITY TO TRANSLATE THEIR PERSONAL VISION INTO REALITY. TO REALIZE THIS VISION, WE FOCUS OUR EFFORTS ON ONE MISSION; TO PROVIDE RESOURCES AND LEARNING EXPERIENCES THAT BROADEN THE WORLDVIEW OF ECONOMICALLY DISADVANTAGED

Describe the Organization's Program Activity:

Part 3 - Line 4a

OUR FANTASTIC LEARNING OPPORTUNITIES (FLO) PROGRAM CONSISTS OF A MULTI-TIERED APPROACH THAT CONNECTS OUR CITY'S MOST DISADVANTAGED YOUTH TO LIFE-CHANGING LEARNING EXPERIENCES IN COLLEGE AND CAREER PREPARATORY PROGRAMS. FUNDED, PLANNED, AND EXECUTED BY A WIDE-RANGE OF COMMUNITY CONSTITUENTS, FLO'S ARE OFTEN UNTAPPED BY LOW-INCOME COMMUNITIES DUE TO LACK OF AWARENESS, SKILL, AND FINANCIAL RESOURCES. OUR PROGRAM SERVICES, DETAILED BELOW, RESPOND TO THESE OBSTACLES: 1. ACCESS TO INFORMATION 2. FINANCIAL SERVICES AND SUPPORT 3. CAPACITY BUILDING FOR SCHOOLS AND DISTRICTS 4. LEADERSHIP SKILLS DEVELOPMENT


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Board, Officers & Key Employees

Name (title)Compensation
George Vanderveer
Executive Director
$101,954
Ian Stewart
President And Chair
$0
Jamie Bailey
Treasurer
$0
Ly Greenwood
Secretary
$0
Charles Munsell IV
Vice President And Vice Chair
$0
Dr Kimberlin Sturgis
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$46,000
Related organizations$0
Government grants $119,467
All other contributions, gifts, grants, and similar amounts not included above$892,103
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,057,570
Total Program Service Revenue$718,859
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $42,948
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,819,377

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Discoveru has recieved totaling $1,252,639.

Awarding OrganizationAmount
United Way Of Greater Houston

Houston, TX

PURPOSE: Children and youth education

$995,539
Jerry C Dearing Family Foundation

Houston, TX

PURPOSE: GENERAL SUPPORT

$180,000
The Powell Foundation

Houston, TX

PURPOSE: EDUCATION - CONNECT YOUTH TO SUMMER PROGRAMMING TO INCREASE POSTSECONDARY READINESS

$50,000
American Endowment Foundation

Hudson, OH

PURPOSE: EDUCATIONAL

$25,000
Posoli Family Foundation

Bellaire, TX

PURPOSE: FOR GENERAL PURPOSES

$2,100
View Grant Recipient Profile

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