Encorps Inc
- Assets
- $3.5m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 14
- Location
- Redondo Beach, CA
- Founding
- 11/2008
- Data as of
- 06/2022
- EIN
- 38-3771471
Organization Overview
Encorps Inc is located in Redondo Beach, CA. The organization was established in 2008. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 06/2022, Encorps Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Encorps Inc 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 06/2022, Encorps Inc generated $3.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.9% each year . All expenses for the organization totaled $1.3m during the year ending 06/2022. While expenses have increased by 7.8% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ENCORPS TEACHERS PROGRAM RECRUITS AN UNTAPPED POOL OF CAREER-CHANGING PROFESSIONALS WITH EXPERTISE IN SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS (STEM) AND TRANSITIONS THEM TO POSITIONS AS MATH AND SCIENCE TEACHERS IN HIGH NEED PUBLIC SCHOOLS
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS OF JUNE 2022,ENCORPS TUTORS, GUEST TEACHERS, TEACHER CANDIDATES AND FULL TIME CREDENTIALED INSTRUCTORS HAVE WORKED IN MORE THAN 250 SCHOOLS AND ORGANIZATIONS STATE WIDE, AND ARE IMPACTING MORE THAN 35,000 DISADVANTAGED CALIFORNIA STUDENTS ANNUALLY.ENCORPS IS RECOGNIZED THOUGHOUT CALIFORNIA AS A SOURCE OF HIGH QUALITY MATH AND SCIENCE EDUCATORS; SCHOOL DISTRICTS, CHARTER SCHOOL ORGANIZATIONS AND INDIVIDUAL SCHOOLS SEEK TO HIRE OUR FELLOWS.ENCORPS EDUCATORS REPRESENT OUR NATION'S TOP STEM EXPERTS: THEY HAVE BEEN EMPLOYED AN AVERAGE OF 16 YEARS AS A STEM PROFESSIONAL, AND 68% HAVE EARNED A MASTERS OR PHD IN A STEM SUBJECT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barry Munitz Secretary | OfficerTrustee | 1 | $0 |
Katherine Wilcox Executive Director | Officer | 40 | $0 |
Sherry Lansing Director/ Founding Chair | Trustee | 5 | $0 |
Steve Poizner Director | Trustee | 1 | $0 |
Marc Freedman Director | Trustee | 1 | $0 |
Julie Paluch Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,850,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $790,469 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,640,469 |
| Total Program Service Revenue | $64,735 |
| Investment income | $290 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,705,494 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $137,195 |
| Compensation of current officers, directors, key employees. | $54,878 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $624,060 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $64,920 |
| Payroll taxes | $64,264 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,999 |
| Fees for services: Accounting | $60,950 |
| Fees for services: Lobbying | $51,215 |
| Fees for services: Fundraising | $20,500 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $56,780 |
| Advertising and promotion | $400 |
| Office expenses | $22,675 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,862 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,155 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $15,297 |
| All other expenses | $8,412 |
| Total functional expenses | $1,301,287 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,799,497 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,698,500 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $48,512 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,988 |
| Total assets | $3,548,497 |
| Accounts payable and accrued expenses | $73,407 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $16,000 |
| Total liabilities | $89,407 |
| Net assets without donor restrictions | $886,351 |
| Net assets with donor restrictions | $2,572,739 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,548,497 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Encorps Inc has recieved totaling $522,720.
| Awarding Organization | Amount |
|---|---|
W M Keck Foundation Los Angeles, CA PURPOSE: TO RECRUIT AND TRAIN STEM PROFESSIONALS TO SERVE AS TEACHERS AND TUTORS IN TITLE I AND CHARTER SCHOOLS. | $200,000 |
The Annenberg Foundation Conshohocken, PA PURPOSE: ENCORPS STEM TEACHER PROGRAM | $166,667 |
Daniels Fund Denver, CO PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
Daniels Fund Denver, CO PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
W M Keck Foundation Los Angeles, CA PURPOSE: FOR GENERAL SUPPORT OF CHARITABLE PURPOSES | $30,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $19,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Saybrook University Pasadena, CA | $17,039,418 | $21,644,889 |
Southwest College Of Naturopathic Medicine And Health Science Inc Tempe, AZ | $29,642,803 | $19,296,647 |
Multnomah University Portland, OR | $31,830,186 | $15,256,009 |
Wright Institute Berkeley, CA | $28,173,670 | $16,770,770 |
Palmer College Of Chiropratic- West San Jose, CA | $12,919,049 | $13,430,875 |
Graduate Theological Union Berkeley, CA | $72,481,680 | $8,414,680 |
Southern California School Of Theology Claremont, CA | $39,669,399 | $12,715,651 |
Claremont Lincoln University Claremont, CA | $35,321,244 | $4,692,633 |
High Tech High Graduate School Of Education San Diego, CA | $6,848,992 | $9,753,054 |
Pacific School Of Religion Berkeley, CA | $44,761,600 | $8,910,467 |
Phoenix Seminary Inc Scottsdale, AZ | $3,442,651 | $6,984,863 |
Logos Evangelical Seminary El Monte, CA | $24,241,884 | $7,684,806 |