Nicaraguan Education Resource Center

Organization Overview

Nicaraguan Education Resource Center is located in Oakland, CA. The organization was established in 2015. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2021, Nicaraguan Education Resource Center employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nicaraguan Education Resource Center 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, Nicaraguan Education Resource Center generated $954.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.3% each year . All expenses for the organization totaled $363.9k during the year ending 12/2021. While expenses have increased by 28.3% 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

CREA INSPIRES NICARAGUANS TO EMPOWER THEMSELVES AND THEIR COMMUNITIES BY PROVIDING EDUCATIONAL RESOURCES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ACADEMIC SUCCESS. THE ACADEMIC SUCCESS INITIATIVE PROVIDES EDUCATIONAL OPPORTUNITIES TO CHILDREN AND YOUTH WHO OTHERWISE WOULD HAVE LITTLE ACCESS. ACADEMIC ENRICHMENT AT CREA AND THE LOCAL SCHOOLS PROVIDE PRIMARY, SECONDARY, AND UNIVERSITY ACADEMIC SUPPORT. THE COLLEGE ENTRANCE AND EXAM PROGRAM PREPARES YOUNG PEOPLE FROM RURAL COMMUNITIES TO TAKE THE UNIVERSITY ENTRANCE EXAMS AT NICARAGUAS PUBLIC UNIVERSITIES IN MANAGUA. THE COURSE COACHING: ACCELERATION AND REMEDIATION PROGRAM PROVIDES EXTRACURRICULAR HELP TO THOSE AT RISK OF DROPPING OUT OF SCHOOL.


YOUTH DEVELOPMENT. THE YOUTH DEVELOPMENT INITIATIVE IS DESIGNED TO CREATE THE LEADERS OF TOMORROW, TODAY. THROUGH THE LEADERSHIP DEVELOPMENT AND COMMUNITY HEALTH PROGRAMS, AND THE SOCIAL EMPOWERMENT, ENGLISH LITERACY, AND CULTURAL LITERACY PROJECTS, YOUTH LEARN TO PUT THEIR DREAMS INTO GOALS AND BE ACTIVE SOCIAL AGENTS FOR POSITIVE CHANGE. AT THE CULMINATION OF THEIR SECONDARY SCHOOL DEGREE, ELIGIBLE YOUTH ARE ABLE TO APPLY FOR A SCHOLARSHIP TO ATTEND UNIVERSITY.


LIBRARY SERVICES. THE LIBRARY SERVICES INITIATIVE CREATES A LOVE FOR READING IN THE RURAL COMMUNITIES SERVED BY CREA PROGRAMMING. IN ADDITION TO LOANING BOOKS, THE MOMMY AND ME, READING CLUBS, AND MOBILE LIBRARY PROGRAMS SPECIFICALLY TARGET CHILDREN, YOUTH, AND ADULTS IN ORDER TO PROMOTE AND ENCOURAGE READING DEVELOPMENT AT ALL LEVELS.


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Board, Officers & Key Employees

Name (title)Compensation
Corrie Burdett
Executive Dir.
$71,500
Steve Merritt
President,chair
$0
Michelle Chackerian
Treasurer
$0
Scott Hagg
Secretary
$0
Tessa Gunther
Board Member
$0
Bert Snarr
Board Member
$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$922,110
Noncash contributions included in lines 1a–1f $14,490
Total Revenue from Contributions, Gifts, Grants & Similar$922,110
Total Program Service Revenue$10,416
Investment income $21,873
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 $954,399

Grants Recieved

Over the last fiscal year, we have identified 9 grants that Nicaraguan Education Resource Center has recieved totaling $634,252.

Awarding OrganizationAmount
Columbus Foundation

Columbus, OH

PURPOSE: EDUCATION

$500,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$86,050
Minneapolis Foundation

Minneapolis, MN

PURPOSE: DONOR-RECOMMENDED, EDUCATION

$28,450
Paypal Charitable Giving Fund

Washington, DC

PURPOSE: General Support

$9,154
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$5,361
John & Susan Dewan Foundation

Chicago, IL

PURPOSE: ACADEMIC SUCCESS AND OUTREACH PROGRAM FOR NEEDY STUDENTS IN RURAL NICARAGUA

$3,000
View Grant Recipient Profile

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