Overview

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Est.

2011

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

EDNOVATE INC is a nonprofit organization focused on enhancing elementary and secondary education by operating seven high-quality public charter high schools in California. With an operating budget of $56 million and total revenue of $62 million for the filing year 2024, the organization demonstrates significant financial scale. Notably, EDNOVATE does not rely on a single funder for 50% or more of its revenue. For more information, visit their website at https://www.ednovate.org/.

Mission Statement

EDNOVATE, INC. OPERATES SEVEN HIGH QUALITY CALIFORNIA PUBLIC CHARTER HIGH SCHOOLS.
Revenues
$62M
Expenses
$56M
Net Income:
+$6M
Assets
$92.4M
Liabilities
$58.6M
Net Assets:
+$33.8M
Operating Budget
$56M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
14
Median grant size
$87.5K
Largest grant received
$975K
P
Pauline Fischer
Board Member
E
Elliot Sainer
Board Member
K
Kyle Salyer
Board Member

Frequently Asked Questions

What is EDNOVATE INC’s budget?
In 2024, EDNOVATE INC reported an annual operating budget of around $56 million. More detailed financial information is available to registered users.
What causes does EDNOVATE INC support?
EDNOVATE INC supports work in Elementary and secondary education.
Where does EDNOVATE INC operate?
EDNOVATE INC is headquartered in Los Angeles, CA.
Who funded EDNOVATE INC recently?
In 2025, EDNOVATE INC received grants from JOSEPH DROWN FOUNDATION, CHARTER FUND INC D/B/A CHARTER SCHOOL GROWTH FUND, and WINDSONG TRUST. More information on this organization’s funders is available to registered users.
What is the largest grant EDNOVATE INC received in 2024?
The largest grant to EDNOVATE INC in 2024 exceeds $975 thousand.
What is EDNOVATE INC’s reliance on government grants?
EDNOVATE INC relied on government grants for more than 90% of their total revenue in 2024.