Is Education For Change Legit?

Quick charity verification for Education For Change (EIN: 202204424)

Verdict: Education For Change appears trustworthy

90/100Mission Score

$74.0MRevenue

$97.1MAssets

2Red Flags

5Strengths

Red Flags

Lack of detailed functional expense breakdown in provided data makes precise administrative and fundraising efficiency assessment difficult.
Consistent 0% officer compensation for an organization of this size could indicate compensation is reported elsewhere or through a related party, which warrants further investigation for full transparency.

Strengths

Consistent and significant revenue growth over the past decade, from $23.7M in 201406 to $73.9M currently.
Strong asset accumulation, growing from $7.5M in 201406 to $97.1M currently, indicating increased financial capacity.
Positive net income in recent years (e.g., $2.4M in 202306), demonstrating sound financial management.
Long and consistent filing history (13 filings), indicating good transparency and compliance.
Reported 0% officer compensation, which, if accurate for all leadership, suggests high efficiency in leadership costs.

Spending Breakdown

How Education For Change allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Education For Change

Is Education For Change a legitimate charity?

Based on AI analysis of IRS 990 filings, Education For Change (EIN: 202204424) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.

Is Education For Change a good charity to donate to?

Education For Change has a Mission Score of 90/100. Revenue: $74.0M. Assets: $97.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Education For Change?

The Employer Identification Number (EIN) for Education For Change is 202204424. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Education For Change spend its money?

Education For Change allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Education For Change's tax-exempt status?

You can verify Education For Change's tax-exempt status using EIN 202204424 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Education For Change demonstrates strong financial health and growth, with its latest reported revenue at $73,974,571 and assets at $97,115,476. The organization has consistently maintained a positive net income in recent years, for example, in 202306, revenue was $56,063,208 against expenses of $53,575,627, indicating sound financial management. Its asset base has also grown significantly, from $11,597,281 in 201906 to $73,487,006 in 202306, suggesting increasing capacity and stability.

Spending efficiency appears to be robust, with expenses generally tracking closely to revenue, indicating that funds are being deployed for programmatic activities. The consistent growth in both revenue and assets over the past decade, from $23,700,016 in revenue and $7,576,212 in assets in 201406 to current figures, points to effective fundraising and operational management. The organization's NTEE code B29 (Elementary & Secondary Education) aligns with its mission, and the financial data supports a focus on its educational programs.

Transparency is generally good, with 13 filings available, showing a consistent reporting history. A notable aspect is the reported 0% officer compensation across all available filings, which could indicate that executive leadership is either compensated through a related entity or that the organization relies heavily on volunteer leadership at the highest levels, which is a positive sign for donor confidence regarding direct program spending. However, without detailed functional expense breakdowns, a precise assessment of administrative and fundraising efficiency is limited.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.