Cooperative For Education

Organization Overview

Cooperative For Education is located in Cincinnati, OH. The organization was established in 1997. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2021, Cooperative For Education employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cooperative For Education 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 12/2021, Cooperative For Education generated $3.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $2.6m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 7 years. 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

TO PROVIDE EDUCATIONAL IMPROVEMENT SERVICES AND OTHER CHARITABLE SERVICES TO FINANCIALLY STRESSED COMMUNITIES AND EDUCATION INSTITUTIONS AND EDUCATE NORTH AMERICANS ABOUT GUATEMALA, ITS POVERTY AND EDUCATIONAL SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RISE YOUTH DEVELOPMENT PROGRAM: COED'S RISE YOUTH DEVELOPMENT PROGRAM GETS KIDS INTO SCHOOL AND ENSURES THEY CAN REACH THE MILESTONE OF HIGH-SCHOOL GRADUATION (FOCUSING PRIMARILY ON EVENING THE PLAYING FIELD FOR GIRLS, WHO ARE OFTEN THE FIRST TO BE PULLED OUT OF SCHOOL IN GUATEMALA). THE PROGRAM GOES FAR BEYOND A TRADITIONAL SCHOLARSHIP, PROVIDING TUTORING AND MENTORING, COMPREHENSIVE SOCIAL SUPPORT, AND PERSONAL DEVELOPMENT OPPORTUNITIES THAT TRANSFORM STUDENTS INTO THE NEXT GENERATION OF LEADERS. IN 2021, 566 GIRLS AND 167 BOYS BENEFITED FROM RISE.


BRIDGES DIRECT EDUCATION PROGRAM: THE BRIDGES PROGRAM INCREASES UNDERSTANDING AND KNOWLEDGE OF GLOBAL CHALLENGES AND STRENGTHENS BONDS BETWEEN PEOPLE IN THE U.S. (AND BEYOND) AND OUR NEIGHBORS IN GUATEMALA. IN 2021, THE BRIDGES PROGRAM EDUCATED MORE THAN 4,300 INDIVIDUALS AROUND THE WORLD THROUGH 192 EDUCATIONAL PRESENTATIONS (PRIMARILY DELIVERED VIRTUALLY). (BRIDGES ALSO TYPICALLY INCLUDES TRIPS TO GUATEMALA INVOLVING ABOUT 100 INDIVIDUALS EACH YEAR, BUT THESE COULD NOT BE CONDUCTED IN 2021 DUE TO THE COVID-19 PANDEMIC.)


SPARK READING PROGRAM: COED'S SPARK READING PROGRAM TRANSFORMS STUDENTS INTO ENTHUSIASTIC, COMPETENT, AND LIFELONG READERS BY PROVIDING CHILDREN'S BOOKS TO IMPOVERISHED SCHOOLS IN RURAL GUATEMALA AND TRAINING TEACHERS IN BEST PRACTICES FOR EARLY LITERACY INSTRUCTION. THROUGHOUT 2021, THE PROGRAM TRAINED 253 TEACHERS FROM 29 SCHOOLS (THROUGH A MIXTURE OF IN-PERSON AND VIRTUAL TRAINING SEMINARS), BENEFITING 6,600 STUDENTS. SOME ADDITIONAL TEACHERS FROM SCHOOLS THAT HAVE COMPLETED SPARK TRAINING IN THE PAST ALSO BENEFITED FROM GUIDANCE IN HELPING THEIR STUDENTS LEARN FROM HOME DURING THE PANDEMIC. STUDIES SHOW THAT KIDS IN SPARK CLASSROOMS TYPICALLY LEARN TWICE AS MUCH AS KIDS IN NON-SPARK CLASSROOMS.


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Board, Officers & Key Employees

Name (title)Compensation
Joseph Berninger
Executive Director
$103,500
Ann Dempsey
Corp. Sec./director Of Philanthropy
$80,683
Anne Cunningham
CFO
$77,322
Aurora Lambert
Board Treasurer
$0
Eric Landen
Board Secretary
$0
Paul Porcino
Board President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$113,951
Related organizations$0
Government grants $174,009
All other contributions, gifts, grants, and similar amounts not included above$2,782,809
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,070,769
Total Program Service Revenue$26,525
Investment income $51,960
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $16,027
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,166,272

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Cooperative For Education has recieved totaling $3,960.

Awarding OrganizationAmount
Fredy Rosenbaum Foundation

Palo Alto, CA

PURPOSE: TO HELP GUATEMALAN SCHOOLCHILDRENBREAK THE CIRCLE OF POVERTYTHROUGH EDUCATION

$3,000
Gannett Foundations Inc

Mclean, VA

PURPOSE: CHARITABLE PURPOSE

$960
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$12,905
Earnings$3,660
Ending Balance$16,565

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