Improving Education Inc
- Assets
- $2.3m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 10
- Location
- Baltimore, MD
- Founding
- 10/2019
- Data as of
- 12/2022
- EIN
- 47-3271696
Organization Overview
Improving Education Inc is located in Baltimore, MD. The organization was established in 2019. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2022, Improving Education Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Improving Education 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 12/2022, Improving Education Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 46.3% each year . All expenses for the organization totaled $1.2m during the year ending 12/2022. 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
OUR MISSION IS TO PROVIDE SOLUTIONS TO IMPROVE EDUCATIONAL SYSTEMS. WE RUN AN EARLY LITERACY IMPROVEMENT NETWORK SUPPORTING TEACHERS WITH TRAINING INSTRUCTIONAL DESIGN AND MEASUREMENT. WE PROVIDE AT-HOME LEARNING MATERIALS TO FAMILIES AND MATERIALS TO SUPPORT NIGHTLY BEDTIME ROUTINES FOR CHILDREN AGES 0-5 IN LOW INCOME HOMES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEARNING IN A BOX. LEARNING IN A BOX IS A PROGRAM THAT WAS DEVELOPED BY TEACHER PARTICIPANTS IN OUR 2020 FELLOWSHIP PROGRAM DURING THE HEIGHT OF THE COVID-19 PANDEMIC IN RESPONSE TO SCHOOL CLOSURES. LEARNING IN A BOX PROVIDES STUDENTS IN GRADES PRESCHOOL-2ND WITH A WIDE RANGE OF INTERACTIVE RESOURCES TO ENGAGE IN FUN MEANINGFUL LEARNING ACTIVITIES AT HOME. THIS PROGRAM HAS GROWN EXPONENTIALLY AND DURING 2022 WE DISTRIBUTED OVER 17,000 LEARNING BOXES.
ALL CHILDREN READY. ALL CHILDREN READY IS AN INITIATIVE FOCUSED ON SIGNIFICANTLY INCREASING LITERACY AND MATH ACHIEVEMENT IN HEAD START PRE-KINDERGARTEN AND KINDERGARTEN CHILDREN IN BALTIMORE CITY WHILE DEVELOPING SCALABLE PRACTICES THAT CAN BE USED AT LOCATIONS ACROSS THE CITY STATE AND NATION TO IMPROVE KINDERGARTEN READINESS OUTCOMES. DURING 2022 ALL CHILDREN READY COLLABORATED WITH 5 HEAD START SITES AND 4 PRE-KINDERGARTEN SITES WITH THE GOAL OF SIGNIFICANTLY IMPROVING KINDERGARTEN READINESS FOR THE STUDENTS THEY SERVE. WE WORKED WITH 350 STUDENTS AND 40 EDUCATORS TO ASSESS PROGRESS IMPROVE INSTRUCTION AND PROVIDE MATERIALS THAT CAN BE USED IN THE HOME TO ENHANCE INSTRUCTION.
BEDTIME IN A BOX. THROUGH OUR BEDTIME IN A BOX PROGRAM WE PROVIDE BOOKS HEALTHCARE ITEMS AND BEDTIME MATERIALS TO LOW-INCOME FAMILIES WITH CHILDREN AGES 0-5 TO HELP THEM ESTABLISH NIGHTLY BEDTIME ROUTINES SUPPORTING HEALTH EARLY EDUCATION AND PARENT-CHILD BONDING. DURING 2022 WE DISTRIBUTED OVER 8,600 BEDTIME BOXES TO UNDERSERVED FAMILIES ACROSS THE COUNTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jarrod Bolte Chief Executive Officer | Officer | 40 | $153,830 |
Samantha Mclemore President Board Chair | OfficerTrustee | 2 | $0 |
Angela Lynch Treasurer | OfficerTrustee | 2 | $0 |
Kim Paradise Secretary | OfficerTrustee | 1 | $0 |
David Tohn Board Member | Trustee | 1 | $0 |
Jared Murphy Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $354,937 |
| Noncash contributions included in lines 1a–1f | $12,497 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $354,937 |
| Total Program Service Revenue | $332,500 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $415,660 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,122,055 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $20,930 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $176,389 |
| Compensation of current officers, directors, key employees. | $52,917 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $489,586 |
| Pension plan accruals and contributions | $15,410 |
| Other employee benefits | $25,363 |
| Payroll taxes | $50,224 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,760 |
| Fees for services: Accounting | $7,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $44,727 |
| Advertising and promotion | $6,586 |
| Office expenses | $19,550 |
| Information technology | $4,635 |
| Royalties | $0 |
| Occupancy | $185,895 |
| Travel | $11,793 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,910 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,017 |
| Insurance | $14,028 |
| All other expenses | $0 |
| Total functional expenses | $1,184,552 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $236,842 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $99,500 |
| Accounts receivable, net | $198,685 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $682,905 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $50,704 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,069,319 |
| Total assets | $2,337,955 |
| Accounts payable and accrued expenses | $1,985 |
| 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 | $245,202 |
| Other liabilities | $1,055,316 |
| Total liabilities | $1,302,503 |
| Net assets without donor restrictions | $806,982 |
| Net assets with donor restrictions | $228,470 |
| 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 | $2,337,955 |