Civic Intelligence

Education Development United Fellowship

990EZ • Fiscal year 2022 • EIN 20-8040903

Jan 01, 2022 to Dec 31, 2022 • Filed on Jan 31, 2024

1016 - 4th Ave SWPuyallup, WA 98371

(253) 381-3444

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

62nd percentile

0.00x

Higher debt load relative to assets than 62% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

70th percentile

0.02x

Higher debt load relative to revenue than 70% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

15th percentile

-29%

Higher net margin than 15% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

82nd percentile

$9,360

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 29.4% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

38th percentile

-4.8%

Faster asset growth than 38% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

20th percentile

-27%

Faster revenue growth than 20% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$182,436

Down $9,164 (-4.8%) from 2021

Net Assets

Down

$181,831

Down $9,310 (-4.9%) from 2021

Liabilities

Up

$605

Up $146 (+32%) from 2021

Revenue

Down

$31,784

Down $11,990 (-27%) from 2021

Expenses

Down

$41,094

Down $25,674 (-38%) from 2021

Net Income

Up

-$9,310

Up $13,684 (+60%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2019: $228,326Liabilities 2019: $02019Assets 2020: $214,135Net Assets 2020: $214,1352020Assets 2021: $191,600Liabilities 2021: $459Net Assets 2021: $191,1412021Assets 2022: $182,436Liabilities 2022: $605Net Assets 2022: $181,8312022Assets 2023: $215,565Liabilities 2023: $1,021Net Assets 2023: $214,5442023Assets 2024: $192,065Liabilities 2024: $945Net Assets 2024: $191,1202024

Highlighted filing

2022

Assets$182,436
Liabilities$605
Net Assets$181,831

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2019: $35,924Expenses 2019: $21,604Net Income 2019: $14,3202019Revenue 2020: $10,905Expenses 2020: $25,096Net Income 2020: -$14,1912020Revenue 2021: $43,774Expenses 2021: $66,768Net Income 2021: -$22,9942021Revenue 2022: $31,784Expenses 2022: $41,094Net Income 2022: -$9,3102022Revenue 2023: $99,983Expenses 2023: $67,270Net Income 2023: $32,7132023Revenue 2024: $99,113Expenses 2024: $122,537Net Income 2024: -$23,4242024

Highlighted filing

2022

Revenue$31,784
Expenses$41,094
Net Income-$9,310
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jan 31, 2024
Return Version
2022v5.0
Gross Receipts
$36,784
Mission and Program Overview

Mission

Education Development United Foundation was organized under the Missouri Nonprofit Foundation Act exclusively for charitable, scientific, and educational purposes that include the following: to develop resources for the support of education in various countries with projects for creation of scholarships,scholarship endowments, and other related educational endeavors.

Program Services

DescriptionGrantsExpenses
EDUF Achievements in 2022Rehired 2 employees: President and Admin Assistant/Bookkeeper and employed for several months a VP of research & development.Held 13 well-attended and minuted meetings of the board of trustees Sent out a monthly newsletter through MailChimp and recruited more readers and more followers to our Facebook page.Received new members into EDUF and onto the board.Hosted several Zoom discussions with Dr. Gabriel Benjiman, the Africa Regional Education Coordinator.Designed and published a completely new website at EDUF.org.Created a fund-raising campaign named August-for-Africa with promotional materials to be used in local churches, on Facebook and online, and succeeded in the goal of $10,000 to donate for the starting a degree-level pastoral training program in French-speaking leaders in Africa. Officers spoke at gathered meetings for church pastors and other leaders in Indiana, Massachusetts and Washington.Set up and manned promotional booths at PALCONs (Pastors and Leaders Conferences) in Nampa, ID and Nashville, TN. Initiated a partnership with the Africa Region of the Church of the Nazarene for raising and paying student fees for four African leaders to take a new, online masters level program, the MSIDT, Masters of Science in Instructional Design Technology, at Trevecca Nazarene University, Nashville, TN.Continued to scholarship two African leaders in an online Masters of Theology program at Northwest Nazarene University, Nampa, ID.Continued support to the dream of the Africa Regional Education to create an African Academy of Theology by sending funds to pay for a year of Turn-It-In anti-plagiarism software for all the English-speaking students in Nazarene institutions of higher learning in Africa to increase academic integrity towards the goal.-$23,044
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARGARET SCOTTPresidentPT$9,360-$9,360
PAT CRANEBookkeeper-$3,600-$3,600
RANDY CRAKERChairmanPT$0--
BETH ANN RESTRICKSecretary-$0--
DR RANDY JAMESVice President-$0--
LAURALEE NOTHSINETreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Education Development United Fellowship
EIN
20-8040903
Phone
2533813444
Address
1016 - 4TH AVE SW, PUYALLUP, WA 98371

Signing Officer

Name
Margaret Scott
Title
President
Signed
2024-01-31
Discuss with paid preparer
Yes

Preparer

Firm
Wayne E Vinson CPA PS
Address
2132 W Northwest Blvd, Spokane, WA 99205
Preparer
Wayne E Vinson CPA
Phone
5094434262
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.5

| Donee's Name: TREVECCA NAZARENE UNIVERSITY | Cash Amount Given: $6568

Other Expenses.1001

Advertising and Promotion $1874

Other Expenses.1002

Office Expenses $1308

Other Expenses.1005

Travel $2235

Other Expenses.1

WEBSITE $1090

Other Expenses.3

LICENSES & PERMITS $281

Other Expenses.5

BANK SERVICE CHARGES $18

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $459 Accounts Payable and Accrued Expenses - Ending $605

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: TREVECCA NAZARENE UNIVERSITY | Cash Amount Given: $6568
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ReturnHeader/TaxPeriodBeginDt02022-01-01
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ReturnHeader/TaxYr02022

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