Educateme Inc
- Assets
- $78.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 10/2014
- Data as of
- 12/2023
- EIN
- 47-1686642
Organization Overview
Educateme Inc is located in Washington, DC. The organization was established in 2014. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Educateme 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 12/2023, Educateme Inc generated $110.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $144.3k during the year ending 12/2023. While expenses have increased by 11.0% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kris O Carter President | 1 | $0 | |
Aloysious Bigirwa Managing Dir | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $110,748 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $141 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $110,889 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $7,623 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $72 |
| Other expenses | $136,587 |
| Total expenses | $144,282 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $78,561 |
| Other assets | $0 |
| Total assets | $78,561 |
| Total liabilities | $0 |
| Net assets or fund balances | $78,561 |