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Ednovate Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 454005918 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

Overview

What is Ednovate Inc?

Ednovate Inc, located in Los Angeles, California, is a nonprofit organization that runs six high-quality California public charter high schools. Approximately 2,300 students were served in the 2021-22 fiscal year, and the organization operated for 178 instructional days. The mission of Ednovate is to empower its students to attain college degrees and successful careers, aiming for 100% college acceptance and a 90% persistence rate after their freshman year. Ednovate's team consists of 297 employees dedicated to helping students make a positive, multi-generational impact.


Official website here: www.ednovate.org/

Is Ednovate Inc legitimate?

Ednovate Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ednovate Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $945,300
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,010,205

For more financial information, click here


Official website here: www.ednovate.org/

What is the mission statement of Ednovate Inc?

Ednovate Inc is dedicated to helping its students achieve academic success and make a positive impact beyond their college degrees. The organization's primary mission is to ensure that 100% of its students are accepted into four-year universities, with a persistence rate of 90% after their freshman year. Ednovate serves approximately 2,300 students and provides instruction for 178 days in a year. By focusing on higher education and long-term career goals, Ednovate aims to bring about multi-generational change.


Official website here: www.ednovate.org/

Who is the CEO of Ednovate Inc?

Kyle Goss is the Chief Executive Officer of Ednovate Inc. The CEO's salary of Ednovate Inc is $278,611 and their total compensation is $292,923.


Official website here: www.ednovate.org/

What is the revenue of Ednovate Inc?

Ednovate Inc's revenue in 2022 was $50,209,560.


Official website here: www.ednovate.org/

Who are the executives of Ednovate Inc and what are their salaries?

The average compensation at Ednovate Inc during 2022 was $57,089. There are 297 employees and 7 volunteers at Ednovate Inc.

Here are 17 key members and their salaries (Ednovate Inc's CEO's salary is $278,611 and their total compensation is $292,923):

    Oliver Sicat (Chief Executive Officer)
  • Compensation: $278,611
  • Related: $0
  • Other: $14,312

    • Jesse Sage Noonan (Chief Academic Officer)
  • Compensation: $203,419
  • Related: $0
  • Other: $15,622

    • Olumide Macaulay (Chief Of Schools)
  • Compensation: $189,719
  • Related: $0
  • Other: $9,312

    • Katherine Hart (Chief Operating Officer)
  • Compensation: $180,395
  • Related: $0
  • Other: $18,248

    • Kara Maguire (Chief Of Staff)
  • Compensation: $185,181
  • Related: $0
  • Other: $12,481

    • Rosa Alanis (Principal, Esperanza Colle)
  • Compensation: $149,594
  • Related: $0
  • Other: $15,442

    • Evelyn Castro (Principal, Legacy College)
  • Compensation: $146,234
  • Related: $0
  • Other: $9,594

    • Gomigi Sia (Controller)
  • Compensation: $136,985
  • Related: $0
  • Other: $12,469

    • Matthew Ducey (Human Resources Director)
  • Compensation: $133,846
  • Related: $0
  • Other: $11,702

    • Kyle Goss (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pauline Fischer (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elliot Sainer (Secretary And Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marcia Aaron (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kate Hirsh (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tammara Anderson (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Porter (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Gallagher (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ednovate.org/

    Where can I find the form 990 for Ednovate Inc?

    The Ednovate Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ednovate.org/

    Learn more at the official website: www.ednovate.org/

    Mission Statement of Ednovate Inc

    Ednovate Inc, a renowned educational institution, is dedicated to fostering the success of its students beyond their college degrees. The organization's ultimate goal is to inspire its students to create a positive impact on future generations. Ednovate aspires to witness 100% of its students being admitted into a four-year university, with a persistence rate of 90% after their freshman year.

    Ednovate Inc's mission is driven by a commitment to equipping its students with the necessary tools to not only excel academically but also make a difference in the world. The organization's unwavering belief in the transformative power of education is reflected in its ambitious objectives. By focusing on students' higher education and subsequent careers, Ednovate aims to foster a cycle of improvement that reaches beyond an individual's lifetime.

    Approximately 2300 students benefited from Ednovate Inc's high-quality educational programs during the 2021-22 fiscal year, as the institution served 178 instructional days. With a strong foundation in education, Ednovate is poised to help its students make a significant, multi-generational change.

    Impact

    This information is meant to be a general summary of Ednovate Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Ednovate Inc's impact is evident in its operation of six high-quality California public charter high schools, serving approximately 2300 students and offering 178 instructional days in the 2021-22 fiscal year. The organization's mission is focused on empowering students to utilize their college degrees and careers to create a positive multi-generational change, aiming for 100% of students to be accepted into a 4-year university with a 90% persistence rate after their freshman year of college. Ednovate's dedication to education is making a tangible difference in the lives of its students, equipping them with the tools and support needed to achieve academic and professional success.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $45,652
  • Program Service Revenue: $0
  • Gross Receipts: $50,209,560

    • Assets and Liabilities:
  • Total Assets: $39,618,009
  • Total Liabilities: $14,795,046
  • Net Assets: $24,822,963
  • Organization Details

    Founding Year

    2011

    Principal Officer

    Kyle Goss

    Main Address

    350 S FIGUEROA STREET 250, LOS ANGELES, CA, 90071

    NTEE Category

    Code: B25 - Education

    If you are a representative of Ednovate Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.