Overview

Sign up for

Est.

2013

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

INNOVATEEDU INC is a nonprofit organization focused on education services, dedicated to eliminating the achievement gap by accelerating innovation in next-generation learning models and tools aligned with Common Core standards. With an operating budget of $4.2 million and total revenue of $3.1 million for the 2024 filing year, the organization does not rely on a single funder for 50% or more of its revenue. More information can be found on their website at www.innovateedunyc.org.

Mission Statement

TO ELIMINATE THE ACHIEVEMENT GAP BY ACCELERATING INNOVATION IN COMMON CORE ALIGNED, NEXT-GENERATION LEARNING MODELS AND TOOLS THAT SERVE, INFORM, AND ENHANCE TEACHING AND LEARNING.
Revenues
$3.1M
Expenses
$4.2M
Net Income:
-$1.1M
Assets
$4.6M
Liabilities
$283.2K
Net Assets:
+$4.3M
Operating Budget
$4.2M
Operating Budget by Year

Due Diligence

Are you a grantmaker?
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
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
plg-image
plg-image
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Total No. of Grants
7
Median grant size
$100K
Largest grant received
$312.8K
J
Jamie O' Toole
Board Member
K
Katrina Stevens
Board Member
W
Winston Daley
Board Member

Frequently Asked Questions

What is INNOVATEEDU INC’s budget?
In 2024, INNOVATEEDU INC reported an annual operating budget of around $4.2 million. More detailed financial information is available to registered users.
What causes does INNOVATEEDU INC support?
INNOVATEEDU INC supports work in Education services.
Where does INNOVATEEDU INC operate?
INNOVATEEDU INC is headquartered in BROOKLYN, NY.
Who funded INNOVATEEDU INC recently?
In 2024, INNOVATEEDU INC received grants from JOHNS HOPKINS UNIVERSITY, CHARLES AND HELEN SCHWAB FOUNDATION, and Michael & Susan Dell Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant INNOVATEEDU INC received in 2024?
The largest grant to INNOVATEEDU INC in 2024 exceeds $313 thousand.
What is INNOVATEEDU INC’s reliance on government grants?
INNOVATEEDU INC relied on government grants for more than 15% of their total revenue in 2024.