Education Trust Inc

Organization Overview

Education Trust Inc is located in Washington, DC. 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 06/2022, Education Trust Inc employed 175 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Education Trust 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, Education Trust Inc generated $28.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $26.2m during the year ending 06/2022. While expenses have increased by 10.3% 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.

Since 2016, Education Trust Inc has awarded 377 individual grants totaling $11,500,085. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE HIGH ACADEMIC ACHIEVEMENT FOR ALL STUDENTS AT ALL LEVELS: PRE-K THROUGH COLLEGE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OUR PROGRAM AND POLICY TEAMS CONDUCT RESEARCH AND ANALYZE EDUCATIONAL PRACTICES, PRE-K THROUGH COLLEGE. THEIR WORK AIMS TO DEEPEN OUR UNDERSTANDING OF THE FACTORS THAT CONTRIBUTE TO ACHIEVEMENT GAPS, LEARN FROM AND EXTEND THE BEST WORK IN THE FIELD, AND DEVELOP POSITIONS AND SUPPORTING EVIDENCE TO ADVANCE THE ORGANIZATION'S STRATEGIC AGENDA. MORE SPECIFICALLY, THE WORK FOCUSES ON ADVANCING THE QUALITY OF TEACHING, ENSURING ACCOUNTABILITY AND SUPPORT FOR SCHOOLS AND COLLEGES, MONITORING ACHIEVEMENT PATTERNS IN PREK-12 AND HIGHER EDUCATION, AND FOSTERING BEST PRACTICES TO HELP SCHOOLS ALIGN THEIR CURRICULA WITH STATE STANDARDS.


THE DIVISION OF GOVERNMENT AFFAIRS AND COMMUNICATIONS ARTICULATES AND ADVOCATES FOR THE ORGANIZATION'S STRATEGIC PRIORITIES. IT PUBLISHES RESEARCH AND ANALYSES IN PRINT AND ONLINE AND PARTNERS WITH EDUCATORS, ADVOCATES, AND ALLIED POLICYMAKERS AT THE LOCAL, STATE, AND NATIONAL LEVELS TO ADVANCE SPECIFIC EDUCATION POLICY OBJECTIVES.


THE EDUCATION TRUST HAS THREE STATE OFFICES, THE EDUCATION TRUST-WEST, THE EDUCATION TRUST-MIDWEST, AND THE EDUCATION TRUST-NEW YORK. THE STATE OFFICES WORK IN THEIR STATES FOR THE HIGH ACADEMIC ACHIEVEMENT OF ALL STUDENTS AT ALL LEVELS, KINDERGARTEN THROUGH COLLEGE, AND AIM TO CLOSE THE ACHEIVEMENT GAPS SEPARATING LOW-INCOME STUDENTS AND STUDENTS OF COLOR FROM OTHER YOUTH THROUGH STATE-WIDE EDUCATION POLICY AND ADVOCACY WORK.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Board Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Global Strategy Group Llc
Polling Services
$294,480
Education Counsel Llc
Consulting Services
$120,000
Melva Jones Dba Lajoy Plans
Consulting Services
$110,075
Penn Hill Group
Strategic Advisors
$108,000
21c Llc - Tripp Jones
Strategic Advisors
$126,000
View All Vendors

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$27,434,433
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$27,434,433
Total Program Service Revenue$1,102,369
Investment income $172,815
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,200
Net Gain/Loss on Asset Sales -$172,692
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $28,594,144

Grants Awarded

Over the last fiscal year, Education Trust Inc has awarded $1,494,876 in support to 65 organizations.

Grant RecipientAmount

PIVOT LEARNING PARTNERS

Org PageRecipient Profile

Oakland, CA

PURPOSE: Support

$130,438

PARTNERSHIP FOR LOS ANGELES SCHOOLS

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: Support

$130,438

THE CHILDREN'S AGENDA INC

Org PageRecipient Profile

Rochester, NY

PURPOSE: Support

$100,000

SCHUYLER CENTER FOR ANALYSIS AND ADVOCACY

Org PageRecipient Profile

Albany, NY

PURPOSE: Support

$100,000

EQUAL OPPORTUNITY SCHOOLS

Org PageRecipient Profile

Seattle, WA

PURPOSE: Support

$70,000

Boston, MA

PURPOSE: Support

$46,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Education Trust Inc has recieved totaling $125,000.

Awarding OrganizationAmount
Addy Foundation

Dallas, TX

PURPOSE: EDUCATION

$75,000
The Powell Foundation

Houston, TX

PURPOSE: QUALITY K-12 PUBLIC SCHOOLS: EXCELLENT EDUCATOR INITIATIVES

$50,000
View Grant Recipient Profile

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