Education For Change
Education For Change shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 202204424 · Oakland, CA · NTEE: B29 · Updated: 2026-03-28
Is Education For Change Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Education For Change directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Education For Change
Education For Change (EIN: 202204424) is a nonprofit organization based in Oakland, CA, classified under NTEE code B29. The organization reported total revenue of $74.0M and total assets of $97.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Education For Change's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Education For Change with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Education For Change allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available IRS 990 filings is highly unusual for an organization of this size ($73M+ revenue, $97M+ assets) and suggests that executive compensation may be handled through a related entity or that the organization relies on unpaid leadership, which is a significant positive for donor perception of efficiency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Education For Change's IRS 990 filings:
- 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
The following positive indicators were identified for Education For Change:
- 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.
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) some concerns. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
How does Education For Change spend its money?
Education For Change directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Education For Change tax-deductible?
Education For Change is registered as a tax-exempt nonprofit (EIN: 202204424). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Education For Change financially stable?
Yes, Education For Change appears financially stable, demonstrating consistent revenue growth from $23.7M in 201406 to $73.9M currently, and a substantial increase in assets from $7.5M to $97.1M over the same period, indicating strong financial health.
How has Education For Change's asset base changed over time?
Education For Change's asset base has grown significantly, from $7,576,212 in 201406 to $97,115,476 currently, reflecting substantial growth and increased capacity.
What is the trend in revenue and expenses for Education For Change?
Both revenue and expenses have shown a strong upward trend over the past decade. For example, revenue grew from $23.7M in 201406 to $56.0M in 202306, with expenses tracking closely, indicating growth in operations.
Does Education For Change pay its officers?
According to all available IRS 990 filings, Education For Change has reported 0% officer compensation, which is highly unusual for an organization of its scale and suggests either volunteer leadership or compensation through a related entity.
Filing History
IRS 990 filing history for Education For Change showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Education For Change's revenue has grown by 481.2%, moving from $9.6M to $56.1M. Total assets increased by 1333.6% over the same period, from $5.1M to $73.5M. Total functional expenses rose by 431.1%, from $10.1M to $53.6M. In its most recent filing year (2023), Education For Change reported a surplus of $2.5M, with revenue exceeding expenses. The organization holds $43.9M in liabilities against $73.5M in assets (debt-to-asset ratio: 59.7%), resulting in net assets of $29.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $56.1M | $53.6M | $73.5M | $43.9M | — | View 990 |
| 2022 | $56.6M | $47.5M | $51.8M | $24.7M | — | View 990 |
| 2021 | $44.4M | $40.7M | $46.7M | $28.6M | — | View 990 |
| 2020 | $46.4M | $39.7M | $37.9M | $23.5M | — | View 990 |
| 2019 | $41.0M | $39.1M | $11.6M | $3.9M | — | View 990 |
| 2018 | $37.5M | $38.2M | $9.6M | $3.8M | — | View 990 |
| 2017 | $35.2M | $35.8M | $11.0M | $4.5M | — | View 990 |
| 2016 | $33.5M | $32.1M | $10.1M | $3.0M | — | View 990 |
| 2015 | $27.0M | $26.5M | $8.5M | $2.8M | — | View 990 |
| 2014 | $23.7M | $23.4M | $7.6M | $2.4M | — | View 990 |
| 2013 | $20.0M | $19.3M | $8.3M | $3.4M | — | View 990 |
| 2012 | $9.8M | $9.8M | $5.2M | $969K | — | View 990 |
| 2011 | $9.6M | $10.1M | $5.1M | $915K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $56.1M, expenses of $53.6M, and assets of $73.5M (revenue -0.9% year-over-year).
- 2022: Revenue of $56.6M, expenses of $47.5M, and assets of $51.8M (revenue +27.5% year-over-year).
- 2021: Revenue of $44.4M, expenses of $40.7M, and assets of $46.7M (revenue -4.4% year-over-year).
- 2020: Revenue of $46.4M, expenses of $39.7M, and assets of $37.9M (revenue +13.2% year-over-year).
- 2019: Revenue of $41.0M, expenses of $39.1M, and assets of $11.6M (revenue +9.4% year-over-year).
- 2018: Revenue of $37.5M, expenses of $38.2M, and assets of $9.6M (revenue +6.4% year-over-year).
- 2017: Revenue of $35.2M, expenses of $35.8M, and assets of $11.0M (revenue +5.0% year-over-year).
- 2016: Revenue of $33.5M, expenses of $32.1M, and assets of $10.1M (revenue +24.4% year-over-year).
- 2015: Revenue of $27.0M, expenses of $26.5M, and assets of $8.5M (revenue +13.8% year-over-year).
- 2014: Revenue of $23.7M, expenses of $23.4M, and assets of $7.6M (revenue +18.8% year-over-year).
- 2013: Revenue of $20.0M, expenses of $19.3M, and assets of $8.3M (revenue +104.0% year-over-year).
- 2012: Revenue of $9.8M, expenses of $9.8M, and assets of $5.2M (revenue +1.4% year-over-year).
- 2011: Revenue of $9.6M, expenses of $10.1M, and assets of $5.1M.
Data Sources and Methodology
This transparency report for Education For Change is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.