Liabilities / Assets
26th percentile
Higher debt load relative to assets than 26% of similar nonprofits.
Advanced Education Research & Development Fund
990 • Fiscal year 2021 • EIN 85-3624930
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.05x
Liabilities / Revenue
16th percentile
Higher debt load relative to revenue than 16% of similar nonprofits.
Net Margin
88th percentile
Higher net margin than 88% of similar nonprofits.
Top Officer Pay
87th percentile
Higher top officer pay than 87% of similar nonprofits.
Top officer pay equals 1.8% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$37,818,730
No earlier filing loaded for comparison.
Net Assets
$36,080,727
No earlier filing loaded for comparison.
Liabilities
$1,738,003
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$32,842,563
No earlier filing loaded for comparison.
Expenses
$15,166,571
No earlier filing loaded for comparison.
Net Income
$17,675,992
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- Oct 19, 2022
- Return Version
- 2021v4.2
- Gross Receipts
- $32,842,563
Mission and Program Overview
Mission
Aerdf will conduct inclusive research and development programs so that diverse teams of educators, researchers and developers can tackle intractable teaching and learning challenges that disproportionately affect black and latino students, and students of all races experiencing poverty.
Conduct research and development that will yield dramatic improvements in public education.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $0 | $34,974,247 | ▲ $34,974,247 |
| Investments Other Securities | $0 | $2,286,809 | ▲ $2,286,809 |
| Cash and Non-Interest-Bearing Accounts | $0 | $531,734 | ▲ $531,734 |
| Accounts Receivable | $0 | $25,940 | ▲ $25,940 |
| Total Assets | $0 | $37,818,730 | ▲ $37,818,730 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $0 | $1,356,073 | ▲ $1,356,073 |
| Other Liabilities | $0 | $381,930 | ▲ $381,930 |
| Total Liabilities | $0 | $1,738,003 | ▲ $1,738,003 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $0 | $22,967,321 | ▲ $22,967,321 |
| Net Assets With Donor Restrictions | $0 | $13,113,406 | ▲ $13,113,406 |
| Total Net Assets Fund Balance | $0 | $36,080,727 | ▲ $36,080,727 |
| Total Liabilities and Net Assets / Fund Balance | $0 | $37,818,730 | ▲ $37,818,730 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Securities | $2,286,809 | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Stacey Childress | CEO/board President | FT | $399,999 | $25,867 | $425,866 |
| Melina Uncapher | Chief of Research & Development | FT | $285,000 | $25,061 | $310,061 |
| Temple Lovelace | Program Director | FT | $249,053 | $27,770 | $276,823 |
| Marvin Smith | Chief Public Affairs Officer | FT | $219,701 | $15,027 | $234,728 |
| Daryl Peagler | CIO/board Treasurer | FT | $213,750 | $20,396 | $234,146 |
| Aubrey Francisco | Program Director | FT | $208,900 | $24,734 | $233,634 |
| Christopher Liang-vergara | Chief Learning Officer | FT | $169,424 | $11,289 | $180,713 |
| Enid Marie Rosario-ramos | Deputy Program Director | FT | $125,000 | $16,356 | $141,356 |
| Ana Vazquez | Senior Manager, Investment Ops | FT | $107,500 | $26,897 | $134,397 |
| Karin Lange | Educator Co-design Manager | FT | $113,700 | $19,245 | $132,945 |
| Rebecca Kockler Easterling | Program Director | FT | $115,530 | $14,174 | $129,704 |
| Adam Edward Smith | Designing for Equity Manager | FT | $102,500 | $17,502 | $120,002 |
Board Members and Trustees
| Name | Title |
|---|---|
| Caleb Offley | Board Member |
| Jim Shelton | Board Member |
| Lisette Nieves | Board Member |
| Sara Allen | Board Member |
| Bror Saxberg | Secretary |
Highest Paid Contractors
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Mind Research Institute | Research Partnership | 5281 CALIFORNIA AVENUE, Irvine, CA 92617 | $1,223,509 |
| Newschools Venture Fund | Shared Services | 1616 FRANKLIN ST, Oakland, CA 94612 | $1,177,819 |
| Enlearn | Research Partnership | 4616 25TH AVE NE PMB 548, Seattle, WA 98105 | $1,087,403 |
| Saga Innovations INC Dba Woot Math | Research Partnership | 10 LAUDHOLM RD, Newton, MA 02458 | $753,222 |
| The 21st Century Partnership For Stem Ed | Research Partnership | 375 EAST ELM STREET SUITE 215, Conshohocken, PA 19428 | $692,877 |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $32,770,000
- Program Service Revenue
- $0
- Investment Income
- $72,563
- Other Revenue
- $0
- All Other Contributions
- $32,770,000
- Change in Net Assets
- $17,675,992
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $11,098,721 |
| Salaries, Compensation, and Employee Benefits | $3,758,434 |
| Grants and Similar Amounts Paid | $309,416 |
| Total Fundraising Expense | $250,646 |
| Professional Fundraising Fees | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $8,419,264 | $1,866,492 | - | $10,285,756 |
| Current Officers, Directors, Trustees, and Key Employees | $1,150,815 | $521,325 | $223,831 | $1,895,971 |
| Other Salaries and Wages | $592,861 | $598,091 | - | $1,190,952 |
| Advertising | - | $432,853 | - | $432,853 |
| Other Employee Benefits | $246,261 | $144,623 | $15,023 | $405,907 |
| Grants to Domestic Orgs | $309,416 | - | - | $309,416 |
| Payroll Taxes | $124,424 | $61,752 | $10,154 | $196,330 |
| Information Technology | $25,350 | $148,526 | $506 | $174,382 |
| Fees for Services Legal | - | $82,003 | - | $82,003 |
| Pension Plan Contributions | $37,985 | $31,289 | - | $69,274 |
| Office Expenses | $30,032 | $28,067 | $339 | $58,438 |
| Conferences and Meetings | $14,032 | $9,835 | - | $23,867 |
| Travel | $11,122 | $7,859 | $793 | $19,774 |
| Insurance | - | $14,384 | - | $14,384 |
| Other Expenses | $5,676 | $196 | - | $5,872 |
| Fees for Services Accounting | - | $1,050 | - | $1,050 |
| Interest | - | $342 | - | $342 |
| Total Functional Expenses | $10,967,238 | $3,948,687 | $250,646 | $15,166,571 |
International Activity
Grant and Assistance Recipients
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Vista Unified School District | Vista, CA | Vista Unified School | Research Support | $116,948 |
| Newark Board of Education | Newark, NJ | Newark Public School | Research Support | $103,920 |
| Middletown City School District | Middletown, OH | Middletown City Scho | Research Support | $88,548 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Inter Entity Payable | $381,930 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Audit committee
- Yes
- Backup withholding compliance
- Yes
- Business relationship with 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- Yes
- Other officer compensation reviewed
- Yes
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- Yes
- Key decisions subject to board approval
- No
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Section B, Line 11B
“The organization has entered into a service agreement with new schools fund to provide all finance and accounting transactional and oversight services, therefore the form 990 is initially prepared by the cfo of newschools fund. The cfo will then forward the form 990 to the ceo for review. The form 990 is then distributed to the board of directors. The ceo encourages the board of directors to review the form 990 and to forward any questions. Any questions will be addressed prior to filing.”
Form 990, Part VI, Section B, Line 12C
“The organization requires that its officers, employees, and agents report any potential conflicts of interest to the ceo, who reviews any such report with the full board of directors, which makes a determination as to whether such conflict exists. The board of directors documents any such determination in the minutes of the appropriate meetings of the board of directors and any directive pertaining thereto. Conflicts that relate to an investment decision requiring board approval result in the recusal of that individual from the recommendation and approval process.”
Form 990, Part VI, Section B, Line 15
“The organization obtained compensation studies from several independent sources to compile information used as a metric for salary increases across the organization, including the ceo and other executive management. The board of directors conducts the review of the ceo and develops a recommendation for approval. The formal performance evaluation and compensation decision is done in executive session. The ceo conducts performance reviews and sets compensation for the senior executives reporting to her.”
Form 990, Part VI, Section C, Line 19
“The organization makes it's governing documents, conflict of interest policy and financial statements available to the public upon request.”
Filing and Contact Details
Filer
- Filer Name
- Advanced Education Research &
- EIN
- 85-3624930
- Phone
- 4156156860
- Address
- 1616 FRANKLIN ST 2ND FLOOR, OAKLAND, CA 94612
Signing Officer
- Name
- Stacey Childress
- Title
- CEO/board President
- Phone
- 4156156860
- Signed
- 2022-10-19
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Stacey Childress
- Formed
- 2020
- Legal Domicile
- CA
- Voting Board Members
- 6
- Independent Board Members
- 5
- Employees
- 28
- Volunteers
- 5
Preparer
- Firm
- Armanino Llp
- Address
- 12657 ALCOSTA BLVD STE 500, SAN RAMON, CA 94583-4600
- Preparer
- Katy Brown
- Phone
- 9257902600
Supplemental Narrative
Additional Explanations
Form 990, Part IX, Line 11G
“Project consulting services: program service expenses 492,173. Management and general expenses 688,673. Fundraising expenses 0. Total expenses 1,180,846. Research services: program service expenses 7,927,091. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,927,091. Overhead services: program service expenses 0. Management and general expenses 1,177,819. Fundraising expenses 0. Total expenses 1,177,819.”
FORM 990, PART XI, LINE 9:
“Net asset transfer 18,464,054.”
FORM 990, PART XII, LINE 2C:
“The process has not changed from the prior year.”
Financial Statement Notes
PART X, LINE 2:
“The consolidated entity has been granted tax-exempt status by the internal revenue service under internal revenue code ("irc") section 501(c)(3) and california revenue and tax codes and accordingly, is exempt from income taxes on related business income. Contributions to the consolidated entity are deductible for income tax purposes under irc section 170(b)(1)(a). The consolidated entity's current accounting policy is to evaluate uncertain tax positions. Accordingly, a loss contingency is recognized when it is probable that a liability has been incurred as of the date of the financial statements and the amount of the loss can be reasonably estimated. Management evaluated the consolidated entity's tax positions and concluded that the consolidated entity had maintained its tax exempt status and had taken no uncertain tax positions that require adjustment to the financial statements. Therefore, no provision or liability for income taxes has been included in the financial statements. The consolidated entity is no longer subject to income tax examinations by federal and state tax authorities for tax years before 2017.”
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/Desc | 0 | INCLUSIVE RESEARCH AND DEVELOPMENT:AERDF RAISES PHILANTHROPIC DOLLARS FROM THE GENERAL PUBLIC AND THEN MOBILIZES THAT CAPITAL TO SUPPORT INNOVATIVE RESEARCH AND DEVELOPMENT PROJECTS THAT ADDRESS PERNICIOUS TEACHING AND LEARNING CHALLENGES THAT DISPROPORTIONATELY IMPACT BLACK, LATINO AND LOW-INCOME STUDENTS. AERDF HAS ASSEMBLED TEAMS OF LEADING EXPERTS IN THE AREA OF EDUCATION RESEARCH AND INNOVATION. THESE TEAMS HAVE IDENTIFIED AND FUNDED EDUCATIONAL RESEARCH AND DEVELOPMENT PROJECTS THAT HAVE THE POTENTIAL TO CREATE BREAKTHROUGH LEARNING OUTCOMES FOR STUDENTS AT ALL LEVELS. CURRENT PROJECTS INCLUDE EF+MATH, ASSESSMENT FOR GOOD AND READING REIMAGINED. |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 31560 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 20396 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 25061 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 27770 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 15027 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 24734 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 11289 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 16356 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 14174 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 19245 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 26897 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 17502 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | BROR SAXBERG |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | SARA ALLEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | LISETTE NIEVES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | CALEB OFFLEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | JIM SHELTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | STACEY CHILDRESS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | DARYL PEAGLER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | MELINA UNCAPHER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | TEMPLE LOVELACE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | MARVIN SMITH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | AUBREY FRANCISCO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | CHRISTOPHER LIANG-VERGARA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | ENID MARIE ROSARIO-RAMOS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | REBECCA KOCKLER EASTERLING |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | KARIN LANGE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | ANA VAZQUEZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | ADAM EDWARD SMITH |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 399999 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 213750 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 285000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 249053 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 219701 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 208900 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 169424 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 125000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 115530 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 113700 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 107500 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 102500 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 150007 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | CEO/BOARD PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | CIO/BOARD TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | CHIEF OF RESEARCH & DEVELOPMENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | PROGRAM DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | CHIEF PUBLIC AFFAIRS OFFICER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | PROGRAM DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | CHIEF LEARNING OFFICER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DEPUTY PROGRAM DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | PROGRAM DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | EDUCATOR CO-DESIGN MANAGER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | SENIOR MANAGER, INVESTMENT OPS |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | DESIGNING FOR EQUITY MANAGER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2020 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 6 |
| IRS990/GrantAmt | 0 | 309416 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 309416 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 309416 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 32842563 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 12 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InformationTechnologyGrp/FundraisingAmt | 0 | 506 |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 148526 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 25350 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 174382 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 14384 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 14384 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 342 |
| IRS990/InterestGrp/TotalAmt | 0 | 342 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 72563 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 72563 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 2286809 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 34974247 |
| IRS990/IRPDocumentCnt | 0 | 82 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | CA |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | AERDF WILL CONDUCT INCLUSIVE RESEARCH AND DEVELOPMENT PROGRAMS SO THAT DIVERSE TEAMS OF EDUCATORS, RESEARCHERS AND DEVELOPERS CAN TACKLE INTRACTABLE TEACHING AND LEARNING CHALLENGES THAT DISPROPORTIONATELY AFFECT BLACK AND LATINO STUDENTS, AND STUDENTS OF ALL RACES EXPERIENCING POVERTY. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 36080727 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | -59319 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 22967321 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 339 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 28067 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 30032 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 58438 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 18464054 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 15023 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 144623 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 246261 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 405907 |
| IRS990/OtherExpensesGrp/Desc | 0 | EVENTS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 196 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 5676 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 5872 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 381930 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 598091 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 592861 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 1190952 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 10154 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 61752 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 124424 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 196330 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 31289 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 37985 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 69274 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | STACEY CHILDRESS |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 0 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 0 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 0 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 0 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 17675992 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 1 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 32770000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 32770000 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 72563 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 72563 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 9970553 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 22799447 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 32770000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 32770000 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 32842563 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 381930 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | INTER ENTITY PAYABLE |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 0 | 2286809 |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | PUBLICLY TRADED SECURITIES |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 0 | F |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE CONSOLIDATED ENTITY HAS BEEN GRANTED TAX-EXEMPT STATUS BY THE INTERNAL REVENUE SERVICE UNDER INTERNAL REVENUE CODE ("IRC") SECTION 501(C)(3) AND CALIFORNIA REVENUE AND TAX CODES AND ACCORDINGLY, IS EXEMPT FROM INCOME TAXES ON RELATED BUSINESS INCOME. CONTRIBUTIONS TO THE CONSOLIDATED ENTITY ARE DEDUCTIBLE FOR INCOME TAX PURPOSES UNDER IRC SECTION 170(B)(1)(A). THE CONSOLIDATED ENTITY'S CURRENT ACCOUNTING POLICY IS TO EVALUATE UNCERTAIN TAX POSITIONS. ACCORDINGLY, A LOSS CONTINGENCY IS RECOGNIZED WHEN IT IS PROBABLE THAT A LIABILITY HAS BEEN INCURRED AS OF THE DATE OF THE FINANCIAL STATEMENTS AND THE AMOUNT OF THE LOSS CAN BE REASONABLY ESTIMATED. MANAGEMENT EVALUATED THE CONSOLIDATED ENTITY'S TAX POSITIONS AND CONCLUDED THAT THE CONSOLIDATED ENTITY HAD MAINTAINED ITS TAX EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. THE CONSOLIDATED ENTITY IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY FEDERAL AND STATE TAX AUTHORITIES FOR TAX YEARS BEFORE 2017. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalBookValueSecuritiesAmt | 0 | 2286809 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 381930 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | 1 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 88548 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 1 | 103920 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 2 | 116948 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 0 | MIDDLETOWN CITY SCHO |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 1 | NEWARK PUBLIC SCHOOL |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $37,818,730
- Liabilities
- $1,738,003
- Net assets
- $36,080,727
- Revenue
- $32,842,563
- Expenses
- $15,166,571
- Net income
- $17,675,992