50can Inc
93% goes to programs $0 to raise $100 Growing revenue
50can Inc is a 501(c)(3) organization based in Washington, District of Columbia, registered in 2011, with $97,340,773 in FY2024 revenue. CharityIndex grades it A+, and it directs about 93% of spending to programs.
1380 Monroe St Nw 413, Washington, DC, 20010 EIN 27-3069592 Since 2011
Revenue (FY2024)
$97.3M
▲ 20.7% vs prior year
Education median: $200K
Expenses (FY2024)
$82.8M
Net assets
$32.5M
Employees
84
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating93% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For 50can Inc: 93% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating5 mo reserves · +15% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For 50can Inc: 5 mo reserves · +15% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For 50can Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For 50can Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
50can, inc. is a not-for-profit organization committed to building the future of american education by delivering on five core promises to the country's children.
What they do
Advocate for policy change50can's expert staff teams up with local advocacy leaders to develop and enact student and family-centered policy change.
Communications & mobilization50can helps local leaders create a movement of informed citizens through media work, e-advocacy, publications, graphic design, partnerships with like-minded civic and community groups, phone banks, petitions and rallies. as a result, 50can leaders are frequently featured in television, online and print.
Contact & location
- Address
- 1380 Monroe St Nw 413, Washington, DC, 20010
- City
- Washington
- State
- District of Columbia
- Category
- Education
- Subcategory
- Alliances, Advocacy & Professional Societies
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $5.6M (FY2013) to $97.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $4.2MNet assets $32.5M
Operating margin
14.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$36.8M
Total liabilities
$4.2M
Net assets
$32.5M
Salaries & benefits
$8.4M
10% of expenses
Board members
9
8 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $97,340,773▲20.7% | $82,792,997▲11.6% | $32,549,763▲81.2% | $36,761,998▲85.2% | 990 |
| 2023 | $80,614,407▲117% | $74,177,633▲104% | $17,967,020▲55.8% | $19,850,307▲63.5% | 990 |
| 2022 | $37,090,533▲152% | $36,341,433▲215% | $11,530,246▲6.7% | $12,137,182▲6.0% | 990 |
| 2021 | $14,699,448▲42.2% | $11,541,176▲13.5% | $10,802,010▲41.6% | $11,451,169▲44.8% | 990 |
| 2020 | $10,338,380▼33.2% | $10,166,595▼6.0% | $7,630,217▲2.3% | $7,906,075▼3.4% | 990 |
| 2019 | $15,475,405▲33.5% | $10,811,790▼7.2% | $7,455,799▲175% | $8,185,866▲135% | 990 |
| 2018 | $11,589,004▲56.5% | $11,651,427▲28.8% | $2,714,902▼2.2% | $3,476,799▲12.6% | 990 |
| 2017 | $7,402,840▼26.9% | $9,046,737▲9.8% | $2,777,325▼37.5% | $3,089,112▼33.3% | 990 |
| 2016 | $10,127,796▲51.2% | $8,241,014▲14.6% | $4,442,163▲73.8% | $4,629,629▲72.4% | 990 |
| 2015 | $6,697,952▲24.3% | $7,189,567▲31.8% | $2,555,381▼21.3% | $2,686,081▼20.7% | 990 |
| 2014 | $5,389,000▼3.9% | $5,456,437▼6.8% | $3,246,996▼2.0% | $3,388,299▼3.5% | 990 |
| 2013 | $5,607,075 | $5,857,419▲0.1% | $3,314,434▼7.0% | $3,511,124▼5.0% | 990 |
| 2012 | — | $5,851,310▲44.7% | $3,564,778▲11.3% | $3,695,189▲9.8% | 990 |
| 2011 | — | $4,045,097 | $3,201,694 | $3,365,178 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Marc Magee — $393,359 (0.48% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Marc Magee | Ceo & Treasurer | 40 | $393,359 |
| Derrell Bradford | President | 40 | $303,822 |
| Reshma Singh | Executive Director of Pace | 50 | $287,591 |
| Benjamin Austin | Executive Director of Ecrn | 50 | $279,640 |
| Sean Andersen | Senior Advisor of Pace | 50 | $248,364 |
| Paula White | Executive Director | 50 | $238,811 |
| Jonathan Nikkila | Executive Vice President | 50 | $224,932 |
| Kelli Drago Bottger | Executive Director | 50 | $214,938 |
| Kenna Little | Vp of Finance & Operation | 50 | $160,423 |
| Andrew Schwedel | Director | 1 | — |
| Ann Borowiec | Director | 1 | — |
| Campbell Brown | Director | 1 | — |
| Derrick Diggs | Director | 1 | — |
| Katherine Haley | Director | 1 | — |
| Lisa Graham Keegan | Director | 1 | — |
| Michael Phillips | Chair | 1 | — |
| Roland Martin | Director | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Lavinia Group LLC | Academic Services | $3,000,000 |
| Kitamba Investorllc (mgt Impact Solutio | Summerboost Consulting Services | $1,941,500 |
| Booknook Learning | Tutoring Services | $483,500 |
| Ernst & Young Us LLP | Consulting Services For Program | $300,000 |
| Alvarez & Marsal Tax LLC | Consulting Services For Program | $287,500 |
Grants received · $144.5M total
130 grants to 50can Inc totaling $144.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Charter Fund Inc | Charter school capacity-building | 2024 | $971,666 |
| Robin Hood Foundation | Poverty relief | 2024 | $500,000 |
| Ayco Charitable Foundation | Education | 2024 | $200,000 |
| City Fund | To support 50can's project georgiacan to continue its current operations, support charter schools and fully execute increased charter school engagement | 2024 | $150,000 |
| City Fund | To support communications and polling endeavors to increase awareness of marginalized opinions on charters and school options | 2024 | $150,000 |
| Strada Education Foundation Inc | Operating grant | 2024 | $150,000 |
| Strada Education Foundation Inc | Operating grant | 2024 | $100,000 |
| Strada Education Foundation Inc | Operating grant | 2024 | $100,000 |
| City Fund | To support freedom coalition for charter schools' work to create a public awareness campaign designed to highlight and educate all stakeholders about inequities in charter funding | 2024 | $75,000 |
| City Fund | To provide general support | 2024 | $65,000 |
| Coastal Community Foundation of South Carolina Inc | Education | 2024 | $49,702 |
| San Antonio Area Foundation | General support | 2024 | $38,603 |
| Greater Hartford Gives Foundation | Community and economic development | 2024 | $35,000 |
| Rose Community Foundation | Transform education now | 2024 | $30,000 |
| Cambiar Education | Thrive grant recipient | 2024 | $25,000 |
Grants made · $54.9M in FY2024
197 grants totaling $54.9M in FY2024 — showing the 15 largest. All grants made by 50can Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Idea Public Schools | To support summer boost | $2,266,000 |
| Kipp Nyc Public Charter Schools II | To support summer boost | $1,920,000 |
| Success Academy Charter Schools - Nyc | To support summer boost | $1,744,577 |
| Riverwalk Education Foundation Inc | To support summer boost | $1,722,240 |
| Friendship Public Charter School | To support summer boost | $1,707,200 |
| Basis Texas Charter Schools Inc | To support summer boost | $1,209,640 |
| Texas Council For International Studies | To support summer boost | $1,141,396 |
| Jubilee Academic Center Inc | To support summer boost | $1,116,800 |
| Our World Neighborhood Charter School | To support summer boost | $950,000 |
| Gestalt Community Schools | To support summer boost | $932,957 |
| Democracy Prep New York Charter Schools | To support summer boost | $920,000 |
| Harlem Childrens Zone Promise Academy Charter School | To support summer boost | $916,800 |
| Classical Charter Schools | To support summer boost | $838,400 |
| Harlem Rbi Incorporated | To support summer boost | $794,880 |
| Compass Rose Education Inc | To support summer boost | $698,720 |
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Compare 50can Inc
Frequently asked questions
- Is 50can Inc a legitimate nonprofit?
- Yes. 50can Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 27-3069592, based in Washington, District of Columbia. Donations are tax-deductible.
- What is 50can Inc's EIN?
- 50can Inc's Employer Identification Number (EIN) is 27-3069592.
- How much revenue does 50can Inc report?
- 50can Inc reported $97,340,773 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of 50can Inc's spending goes to programs?
- 50can Inc spends about 93% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does 50can Inc have?
- CharityIndex grades 50can Inc A+, based on program efficiency and fundraising cost.
- How much does 50can Inc's highest-paid employee make?
- The highest reported compensation on 50can Inc's latest Form 990 is $393,359, paid to Marc Magee (Ceo & Treasurer).
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Explore more
Data for 50can Inc (EIN 27-3069592) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.