Civic Intelligence

The Philadelphia Education Fund

990 • Fiscal year 2010 • EIN 22-2567982

Jul 01, 2009 to Jun 30, 2010 • Filed on May 09, 2011

1709 Benjamin Franklin Parkway19103
Siviq Scores

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

Liabilities / Assets

19th percentile

0.05x

Higher debt load relative to assets than 19% of similar nonprofits.

2010 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2010

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2010

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2010

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2010

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$10,063,072

No earlier filing loaded for comparison.

Net Assets

$9,554,121

No earlier filing loaded for comparison.

Liabilities

$508,951

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$5,931,784

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $10,063,072Liabilities 2010: $508,951Net Assets 2010: $9,554,1212010Assets 2011: $9,933,978Liabilities 2011: $513,637Net Assets 2011: $9,420,3412011Assets 2012: $8,944,982Liabilities 2012: $495,005Net Assets 2012: $8,449,9772012Assets 2013: $8,847,521Liabilities 2013: $384,836Net Assets 2013: $8,462,6852013Assets 2014: $8,967,639Liabilities 2014: $254,720Net Assets 2014: $8,712,9192014Assets 2015: $8,020,467Liabilities 2015: $277,751Net Assets 2015: $7,742,7162015Assets 2016: $6,640,211Liabilities 2016: $283,860Net Assets 2016: $6,356,3512016Assets 2017: $6,711,366Liabilities 2017: $248,136Net Assets 2017: $6,463,2302017Assets 2018: $6,557,497Liabilities 2018: $133,381Net Assets 2018: $6,424,1162018Assets 2019: $6,557,544Liabilities 2019: $198,568Net Assets 2019: $6,358,9762019Assets 2020: $8,690,765Liabilities 2020: $889,631Net Assets 2020: $7,801,1342020Assets 2021: $9,790,760Liabilities 2021: $400,701Net Assets 2021: $9,390,0592021Assets 2022: $12,054,730Liabilities 2022: $441,503Net Assets 2022: $11,613,2272022Assets 2023: $13,102,729Liabilities 2023: $1,198,321Net Assets 2023: $11,904,4082023Assets 2024: $13,864,955Liabilities 2024: $1,283,918Net Assets 2024: $12,581,0372024

Highlighted filing

2010

Assets$10,063,072
Liabilities$508,951
Net Assets$9,554,121

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $5,931,7842010Expenses 2011: $6,975,7022011Expenses 2012: $6,192,4052012Expenses 2013: $5,373,3172013Revenue 2014: $4,273,136Expenses 2014: $5,126,203Net Income 2014: -$853,0672014Revenue 2015: $3,585,795Expenses 2015: $4,417,036Net Income 2015: -$831,2412015Revenue 2016: $2,938,000Expenses 2016: $3,780,801Net Income 2016: -$842,8012016Revenue 2017: $2,724,715Expenses 2017: $3,256,283Net Income 2017: -$531,5682017Revenue 2018: $2,522,835Expenses 2018: $2,635,894Net Income 2018: -$113,0592018Revenue 2019: $2,730,820Expenses 2019: $2,752,969Net Income 2019: -$22,1492019Revenue 2020: $4,219,757Expenses 2020: $3,117,507Net Income 2020: $1,102,2502020Revenue 2021: $3,554,527Expenses 2021: $2,956,718Net Income 2021: $597,8092021Revenue 2022: $6,752,590Expenses 2022: $3,118,656Net Income 2022: $3,633,9342022Revenue 2023: $3,867,759Expenses 2023: $4,103,927Net Income 2023: -$236,1682023Revenue 2024: $4,683,877Expenses 2024: $4,564,204Net Income 2024: $119,6732024

Highlighted filing

2010

Revenue-
Expenses$5,931,784
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2009 to Jun 30, 2010
Signed
May 9, 2011
Return Version
2009v1.7
Gross Receipts
$7,584,533
Mission and Program Overview

Mission

The mission of the philadelphia education fund (the ed fund), an independent non-profit organization, is to improve the quality of public education in philadelphia and the region, so that youth are prepared for college and careers. Since 1985, the ed fund, which ranks as one of the premier organizations among the more than 75 local education funds comprising the public education network, has partnered with schools, school districts, universities, businesses, and non-profit organizations to develop school and community-based programs and policies aimed at providing children in the philadelphia region access to the best possible education opportunities. Three primary goals guide the work of the philadelphia education fund: * increase the number of public secondary schools (grades 6 - 12) that are high performing; * increase the number of public school students who access postsecondary education and persist to completion; * position the philadelphia region as central to state and national

Major Activities

Activity 2
The Ed Fund assists students to Access and Succeed in postsecondary education: + College Access Program supports over 10,000 students and adults annually by providing guidance and resources that make college an achievable goal. + Philadelphia Scholars Program awards "Last Dollar" scholarships for College Access participants in good standing at accredited colleges and universities across the country. Since 1990, the Philadelphia Scholars Program has awarded nearly $9 million in "Last Dollar" scholarships to more than 1,800 College Access students in good standing, for up to six years, at accredited colleges and universities across the country. In the last year, the Program supported nearly 300 students with $1 million in college scholarships. + Student Success Centers, a partnership between the Ed Fund's College Access Program and the School District of Philadelphia, assists students by creating a deep and sustainable college-going culture within local neighborhood high schools. + A strategic partnership with Graduate! Philadelphia, which provides college-going services to adults who have started, but not finished, college.
Activity 3
The Ed Fund Engages and Informs public school advocates through its civic engagement efforts: + The Small Schools Project which partners with youth-led organizations to provide advocacy and leadership skills to support the transformation of low performing large neighborhood high schools into high performing small high schools. Through this Project, the community has influenced issues such as building location, capital budgets, building design, educational programming, and school leadership. + Community Partnership for Neighborhood Reform encourages parents and community members to take action in the school reform process and seek improvements in their neighborhood high schools. + Advocating with other statewide organizations for equitable and adequate school funding. + The Education First Compact, a well-organized, engaged and highly interactive group, which provides a focused and forceful forum for discussion and advocacy in regard to issues that are timely and critical to the academic well-being of Philadelphia public school students, leading to emergence of a public voice that has impacted teachers' contracts, site-based teacher selection and effective teaching.
Filing and Contact Details

Filer

EIN
22-2567982
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IRS990/Activity2/Description0The Ed Fund assists students to Access and Succeed in postsecondary education: + College Access Program supports over 10,000 students and adults annually by providing guidance and resources that make college an achievable goal. + Philadelphia Scholars Program awards "Last Dollar" scholarships for College Access participants in good standing at accredited colleges and universities across the country. Since 1990, the Philadelphia Scholars Program has awarded nearly $9 million in "Last Dollar" scholarships to more than 1,800 College Access students in good standing, for up to six years, at accredited colleges and universities across the country. In the last year, the Program supported nearly 300 students with $1 million in college scholarships. + Student Success Centers, a partnership between the Ed Fund's College Access Program and the School District of Philadelphia, assists students by creating a deep and sustainable college-going culture within local neighborhood high schools. + A strategic partnership with Graduate! Philadelphia, which provides college-going services to adults who have started, but not finished, college.
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IRS990/Description0The Ed Fund enhances Teaching and Learning: + Philadelphia Teacher Residency REPLICATES A SUCCESSFUL NATIONAL MODEL TO RECRUIT AND TRAIN STEM (SCIENCE, TECHNOLOGY, ENGINEERING AND MATH) PROFESSIONALS TO BECOME MATH AND SCIENCE TEACHERS IN PHILADELPHIA PUBLIC SCHOOLS. + Diplomas Now, which is being replicated nationally, is a dropout prevention program that utilizes the Ed Fund's Early Warning Indicators research to keep middle grades and high school students on track to high school graduation and beyond. + ArtsRising, a strategic partnership with Fleisher Art Memorial and Public Citizens for Children and Youth, ensures equitable access to high-quality arts education experiences for students. + Postsecondary Success Program creates the systemic change that allows students in low performing high schools to access and succeed in college. This is a national initiative of the Public Education Network. + The Philadelphia Math + Science Coalition, a thriving partnership of OVER 50 businesses, universities, the School District, and non-profits that brings resources and expertise to improve locally what is a national crisis - the quality of math and science instruction in public schools.
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IRS990/MissionDescription0The mission of the Philadelphia Education Fund, (the ed fund), is to improve the quality of public education in Philadelphia and the region, so that youth are prepared for college and careers. Since 1985, the Ed Fund, which ranks as one of the most high-performing among the 80 local education funds comprising the Public Education Network, has partnered with school districts, universities, businesses, community organizations, civic leaders and other education stakeholders to develop school and community-based programs aimed at providing children in the Philadelphia region access to the best possible education opportunities. THE PHILADELPHIA EDUCATION FUND WORKS WITH SCHOOL DISTRICTS AND PARTNERS, INCLUDING BUSINESSES, UNIVERSITIES AND NON-PROFIT ORGANIZATIONS, AS WELL AS COMMUNITY STAKEHOLDERS, TO: 1. Increase the number of public secondary schools (grades 6 - 12) that are high performing; 2. Increase the number of public school students who access postsecondary education and persist to
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IRS990/NetIncomeFromFundraisingEvents/TotalRevenueColumn00
IRS990/NetIncomeFromGaming/TotalRevenueColumn00
IRS990/NetIncomeOrLoss/TotalRevenueColumn00
IRS990/NetUnrelatedBusinessTxblIncome00
IRS990/NonDeductibleContributions0false
IRS990/NumberFormsTransmittedWith10960201
IRS990/NumberIndependentVotingMembers016
IRS990/NumberIndividualsGT100K02
IRS990/NumberOfContractorsGT100K00
IRS990/NumberOfEmployees096
IRS990/NumberW2GIncluded00
IRS990/Occupancy/Fundraising00
IRS990/Occupancy/ManagementAndGeneral0136272
IRS990/Occupancy/ProgramServices0141432
IRS990/Occupancy/Total0277704
IRS990/OfficeExpenses/Fundraising00
IRS990/OfficeExpenses/ManagementAndGeneral048711
IRS990/OfficeExpenses/ProgramServices0112770
IRS990/OfficeExpenses/Total0161481
IRS990/OfficerEntityWithBsnssRltnshp0false
IRS990/OfficerMailingAddress0false
IRS990/Organization501c0X
IRS990/OtherAssetsTotal/BOY01880578
IRS990/OtherAssetsTotal/EOY01013572
IRS990/OtherEmployeeBenefits/Fundraising014188
IRS990/OtherEmployeeBenefits/ManagementAndGeneral027867
IRS990/OtherEmployeeBenefits/ProgramServices0326807
IRS990/OtherEmployeeBenefits/Total0368862
IRS990/OtherExpensePriorYear01457389
IRS990/OtherExpensesCurrentYear01631097
IRS990/OtherExpenses/Description0HONORARIA AND STIPENDS
IRS990/OtherExpenses/Description1PROGRAM MATERIALS
IRS990/OtherExpenses/Description2OTHER EXPENSES
IRS990/OtherExpenses/Fundraising00
IRS990/OtherExpenses/Fundraising10
IRS990/OtherExpenses/Fundraising20
IRS990/OtherExpenses/ManagementAndGeneral00
IRS990/OtherExpenses/ManagementAndGeneral10
IRS990/OtherExpenses/ManagementAndGeneral254372
IRS990/OtherExpenses/ProgramServices014362
IRS990/OtherExpenses/ProgramServices172206
IRS990/OtherExpenses/ProgramServices221250
IRS990/OtherExpenses/Total014362
IRS990/OtherExpenses/Total172206
IRS990/OtherExpenses/Total275622
IRS990/OtherLiabilities/BOY056253
IRS990/OtherLiabilities/EOY0221286
IRS990/OtherRevenueCurrentYear00
IRS990/OtherRevenuePriorYear00
IRS990/OtherSalariesAndWages/Fundraising042000
IRS990/OtherSalariesAndWages/ManagementAndGeneral0238900
IRS990/OtherSalariesAndWages/ProgramServices02121505
IRS990/OtherSalariesAndWages/Total02402405
IRS990/PartialLiquidation0false
IRS990/PaymentsToAffiliates/Total00
IRS990/PayrollTaxes/Fundraising07580
IRS990/PayrollTaxes/ManagementAndGeneral029334
IRS990/PayrollTaxes/ProgramServices0192079
IRS990/PayrollTaxes/Total0228993
IRS990/PensionPlanContributions/Fundraising02262
IRS990/PensionPlanContributions/ManagementAndGeneral08751
IRS990/PensionPlanContributions/ProgramServices057304
IRS990/PensionPlanContributions/Total068317
IRS990/PermanentlyRestrictedNetAssets/BOY06902778
IRS990/PermanentlyRestrictedNetAssets/EOY07154879
IRS990/PledgesAndGrantsReceivable/BOY00
IRS990/PledgesAndGrantsReceivable/EOY025500
IRS990/PoliticalActivities0false
IRS990/PremiumsPaid0false
IRS990/PrepaidExpensesDeferredCharges/BOY068181
IRS990/PrepaidExpensesDeferredCharges/EOY062970
IRS990/PriorExcessBenefitTransaction0false
IRS990/ProfessionalFundraising0false
IRS990/ProgramServiceRevenue/BusinessCode0611710
IRS990/ProgramServiceRevenueCY01060555
IRS990/ProgramServiceRevenue/Description0CONTRACT REVENUE
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IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome01060555
IRS990/ProgramServiceRevenue/TotalRevenueColumn01060555
IRS990/ProhibitedTaxShelterTrans0false
IRS990/QuidProQuoContributions0true
IRS990/QuidProQuoDisclosure0true
IRS990/RegularMonitoringEnforcement0true
IRS990/RelatedEntity0false
IRS990/RelatedOrgControlledEntity0false
IRS990/Revenue0398377
IRS990/RevenuesLessExpensesCY0-3402666
IRS990/RevenuesLessExpensesPriorYear0-2340433
IRS990/RoyaltiesRevenue/TotalRevenueColumn00
IRS990/Royalties/Total00
IRS990/SalariesEtcCurrentYear03305375
IRS990/SalariesEtcPriorYear03100217
IRS990/SavingsAndTempCashInvestments/BOY01444780
IRS990/SavingsAndTempCashInvestments/EOY0119873
IRS990ScheduleA/AmountsSubstContributorsTotal0701728
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear03594456
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year04027930
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years02978909

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$13.9$1.28$12.6$4.68$4.56$0.12
2023Detailed filing. Detailed filing data is available for this year.$13.1$1.20$11.9$3.87$4.10$0.24
2022Detailed filing. Detailed filing data is available for this year.$12.1$0.44$11.6$6.75$3.12$3.63
2021Detailed filing. Detailed filing data is available for this year.$9.79$0.40$9.39$3.55$2.96$0.60
2020Detailed filing. Detailed filing data is available for this year.$8.69$0.89$7.80$4.22$3.12$1.10
2019Detailed filing. Detailed filing data is available for this year.$6.56$0.20$6.36$2.73$2.75$0.02
2018Detailed filing. Detailed filing data is available for this year.$6.56$0.13$6.42$2.52$2.64$0.11
2017Detailed filing. Detailed filing data is available for this year.$6.71$0.25$6.46$2.72$3.26$0.53
2016Detailed filing. Detailed filing data is available for this year.$6.64$0.28$6.36$2.94$3.78$0.84
2015Detailed filing. Detailed filing data is available for this year.$8.02$0.28$7.74$3.59$4.42$0.83
2014Detailed filing. Detailed filing data is available for this year.$8.97$0.25$8.71$4.27$5.13$0.85
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.85$0.38$8.46$5.37
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.94$0.50$8.45$6.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.93$0.51$9.42$6.98
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.1$0.51$9.55$5.93