Civic Intelligence

Edvance College

EIN 87-3077790 • 501(c)3 • San Francisco, CA

Profile

To create an ecosystem of equity-driven teachers, leaders, and change agents working to transform the future of our communities. The organization was built with early childhood educators at the core. To reimagine higher education that prepares academically well-rounded. Equity-focused, and self-determined ece leaders and community catalysts. Our values are the guiding principles behind every decision we make and ensure our work stays true to our purpose.

580 Market Street 150San Francisco, CA 94104

www.edvance.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

54th percentile

0.15x

Higher debt load relative to assets than 54% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

47th percentile

0.14x

Higher debt load relative to revenue than 47% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

63rd percentile

11%

Higher net margin than 63% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

96th percentile

109%

Faster asset growth than 96% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2025

Revenue Growth

91st percentile

83%

Faster revenue growth than 91% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2025

Balance Sheet
Liabilities / Assets54th percentile

Assets

Up

$5,625,264

Up $1,235,540 (+28%) from 2024

Liabilities

Up

$858,902

Up $520,764 (+154%) from 2024

Net Assets

Up

$4,766,362

Up $714,776 (+18%) from 2024

Operations
Liabilities / Revenue47th percentileNet Margin63rd percentile

Revenue

Up

$6,355,864

Up $102,806 (+1.6%) from 2024

Expenses

Up

$5,641,088

Up $1,133,843 (+25%) from 2024

Net Income

Down

$714,776

Down $1,031,037 (-59%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth96th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2022: $618,909Liabilities 2022: $58,446Net Assets 2022: $560,4632022Assets 2023: $2,436,377Liabilities 2023: $130,604Net Assets 2023: $2,305,7732023Assets 2024: $4,389,724Liabilities 2024: $338,138Net Assets 2024: $4,051,5862024Assets 2025: $5,625,264Liabilities 2025: $858,902Net Assets 2025: $4,766,3622025

Highlighted filing

2025

Assets$5,625,264
Liabilities$858,902
Net Assets$4,766,362
Open 2025 Filing

Operations Trend

Revenue Growth91st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0Revenue 2022: $1,040,340Expenses 2022: $479,877Net Income 2022: $560,4632022Revenue 2023: $3,597,792Expenses 2023: $1,852,482Net Income 2023: $1,745,3102023Revenue 2024: $6,253,058Expenses 2024: $4,507,245Net Income 2024: $1,745,8132024Revenue 2025: $6,355,864Expenses 2025: $5,641,088Net Income 2025: $714,7762025

Highlighted filing

2025

Revenue$6,355,864
Expenses$5,641,088
Net Income$714,776
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,625,264
Liabilities
$858,902
Net assets
$4,766,362
Revenue
$6,355,864
Expenses
$5,641,088
Net income
$714,776
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.63$0.86$4.77$6.36$5.64$0.71
2024Detailed filing. Detailed filing data is available for this year.$4.39$0.34$4.05$6.25$4.51$1.75
2023Detailed filing. Detailed filing data is available for this year.$2.44$0.13$2.31$3.60$1.85$1.75
2022Detailed filing. Detailed filing data is available for this year.$0.62$0.06$0.56$1.04$0.48$0.56
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 31, 2025
Return Version
2024v5.2
Gross Receipts
$6,355,864
Mission and Program Overview

Mission

Edvance colleges' mission is to create an ecosystem of equity-driven teachers, leaders, and change agents working to transform the future of our communities. The organization was built with early childhood educators at the core, to reimagine higher education that prepares academically well-rounded, equity-focused, and self-determined ece leaders and community catalysts. Our values are the guiding principles behind every decision we make and ensure our work stays true to our purpose.

To create an ecosystem of equity-driven teachers, leaders, and change agents working to transform the future of our communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,028,148$3,207,351▲ $1,179,203
Pledges and Grants Receivable$2,136,012$2,231,071▲ $95,059
Prepaid Expenses and Deferred Charges$76,566$103,877▲ $27,311
Land, Buildings, and Equipment, Net$51,706$35,626▼ $16,080
Accounts Receivable$900$2,700▲ $1,800
Total Assets$4,389,724$5,625,264▲ $1,235,540
Other Assets Total$96,392$44,639▼ $51,753
Liabilities
Accounts Payable and Accrued Expenses$250,307$822,659▲ $572,352
Other Liabilities$87,831$36,243▼ $51,588
Total Liabilities$338,138$858,902▲ $520,764
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,815,110$2,437,254▲ $622,144
Net Assets Without Donor Restrictions$2,236,476$2,329,108▲ $92,632
Total Net Assets Fund Balance$4,051,586$4,766,362▲ $714,776
Total Liabilities and Net Assets / Fund Balance$4,389,724$5,625,264▲ $1,235,540

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$31,724$42,023$73,747
Other Land Buildings$3,902$2,083$5,985
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lygia StebbingChief Executive OfficerFT$260,010$25,189$285,199
Chad ThompsonChief Financial OfficerFT$245,655$29,545$275,200
Victoria Quijano EvetsChief Academic OfficerFT$244,990$14,053$259,043
Anna Arambula- GonzalezEmployeeFT$191,370$25,779$217,149
Alicia OsborneEmployeeFT$170,559$19,892$190,451
Connie HardisonEmployeeFT$156,560$24,284$180,844
Carola Ovia-olsonEmployeeFT$151,791$18,362$170,153
Katie MervinEmployeeFT$159,734$7,668$167,402

Board Members and Trustees

NameTitle
Dr Diane CarnahanBoard Chair
Carlton UnderwoodMember
Dr Ashely WilliamsMember
Dr Cheryl PolkMember
Dr Kelly StuartMember
Dr Melanie BoothMember
Dr Richard WinnMember
Dr Rose MyersMember
John WarnerMember
Linda GriffithMember
Jessica CamposSecretary
Micheal LimosanaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,001,707
Program Service Revenue
$354,107
Investment Income
$50
Other Revenue
$0
All Other Contributions
$2,544,318
Change in Net Assets
$714,776

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,355,864
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$6,355,864
Total Revenue per Form 990
$6,355,864
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,551,836
Other Expenses$1,089,252
Total Fundraising Expense$201,204
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,114,537$617,475$155,335$2,887,347
Current Officers, Directors, Trustees, and Key Employees$819,441--$819,441
Other Employee Benefits$272,441$91,823$23,419$387,683
Fees for Services Other$195,297$128,991-$324,288
Payroll Taxes$217,437$66,681$15,844$299,962
Pension Plan Contributions$124,390$26,407$6,606$157,403
Information Technology$138,548$15,572-$154,120
Occupancy-$107,865-$107,865
Travel$43,608$25,906-$69,514
Advertising$26,681$33,365-$60,046
Fees for Services Accounting-$26,851-$26,851
Conferences and Meetings$18,398$8,249-$26,647
Depreciation Depletion-$25,515-$25,515
Insurance-$24,286-$24,286
Other Expenses$28,437$3,447-$3,447
Total Functional Expenses$4,231,900$1,207,984$201,204$5,641,088

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,641,088
Total Expenses per Audited Statements$5,641,088
Total Expenses per Form 990$5,641,088
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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

LiabilityAmount
Operating Lease Obligations$36,243
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The controller gathers and provides the 990 infomation to the tax accountant for preparing the form 990. The first draft of the 990 is reviewed by the controller. Then, the second draft of the 990 is reviewed by cfo and ceo prior to being distributed to the board of directors for their review and approval prior to submitting to the irs.”

Form 990, Part VI, Section B, Line 12C

“New officers, board members, key employees and staff are provided the written conflict of interest policy and must sign a document confirming that they have red, understood, and agree to comply with the policy. All officers, board members and key employees are also required to update the document annually, and the policy is periodically reviewed at the board meetings, to determine if any conflicts exist.”

Form 990, Part VI, Section B, Line 15

“The board of directors uses the following process in its annual review of the performance and conpensation of the chief executive: i. Compilation of information on compensation packages offered at similar organizations in the marketplace. Ii. In closed session without the chief executive present, discussion of the value to the organization of the chief executive, including performance versus goals. Iii. Meet with the chief executive to discuss performance and compensation expectations. Iv. Determination of compensation and goals. V. Meet with chief executive to discuss and document perfomance, goals, and compensation for upcoming year. The process described here was last completed in 2025.”

Form 990, Part VI, Section C, Line 18

“Information regarding the organization's financials are available upon request through the submission of a public records request.”

Form 990, Part VI, Section C, Line 19

“All governing documents, policies, and financial statements required to be made availabe to the public are available on request and to be posted on the organization's website.”

Filing and Contact Details

Filer

Filer Name
Edvance College
EIN
87-3077790
Phone
4155316092
Address
580 MARKET STREET 150, SAN FRANCISCO, CA 94104

Signing Officer

Name
Lygia Stebbing
Title
Chief Executive Officer
Phone
4155316092
Signed
2025-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lygia Stebbing
Formed
2021
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
11
Employees
63
Volunteers
0

Preparer

Firm
Symphona Llp
Address
1050 CROWN POINTE PKWY STE 810, ATLANTA, GA 30338
Preparer
Emily R Shinn
Phone
6782421300
Supplemental Narrative

Additional Explanations

Form 990 Part XII, Line 2C

“The process has not changed from prior year.”

Financial Statement Notes

PART X, LINE 2:

“Edvance college, inc. Is organized as a california nonprofit corporation and has been recognized by the internal revenue service (irs) as exempt from federal income taxes under irc section 501(a) as organizations described in interal revenue code (irc) section 501(c)(3), qualify for the charitable contribution deduction under irc sections 170(b)(1)(a)(vi) and (viii), and has been determined not to be a private foundation under irc sections 509(a)(1) and (3), respectively. Edvance is annually required to file a return of organization exempt from income tax (form 990) with the irs. In addition, edvance is subject to income tax on net income that is derived from business activities that are unrelated to their exempt purposes. Management has been determined that edvance is not subject to unrealated business income tax and does not need to file an exempt organization business income tax return (form 990-t) with the irs.”

Raw XML AppendixShowing 400 of 670 raw XML fields

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/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt13CHIEF ACADEMIC OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt15EMPLOYEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16EMPLOYEE
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IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO CREATE AN ECOSYSTEM OF EQUITY-DRIVEN TEACHERS, LEADERS, AND CHANGE AGENTS WORKING TO TRANSFORM THE FUTURE OF OUR COMMUNITIES. THE ORGANIZATION WAS BUILT WITH EARLY CHILDHOOD EDUCATORS AT THE CORE. TO REIMAGINE HIGHER EDUCATION THAT PREPARES ACADEMICALLY WELL-ROUNDED. EQUITY-FOCUSED, AND SELF-DETERMINED ECE LEADERS AND COMMUNITY CATALYSTS. OUR VALUES ARE THE GUIDING PRINCIPLES BEHIND EVERY DECISION WE MAKE AND ENSURE OUR WORK STAYS TRUE TO OUR PURPOSE.
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IRS990ScheduleA/FactsAndCircumstancesTestTxt0EDVANCE RECEIVE FUNDS FROM GOVERMENT GRANT AND THROUGH MULTIPLE DONATIONS. EDVANCE MAINTAINS A GOVERNING BODY THAT REPRESENTS A BROAD PUBLIC INTEREST THAT IS MADE UP OF EDUCATION PROFESSIONALS AND MEMBERS IN THE EDUCATION PROFESSION. EDVANCE MAINTAINS A FACILITY THAT SERVES ITS FUNCTIONAL PURPOSES ALSO.
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02083

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