Community Asset Development Re-defining Education
Only null% goes to programs Strong reserves Growing revenue
Community Asset Development Re-defining Education is a 501(c)(3) organization based in Los Angeles, California, registered in 2010, with $1,426,267 in FY2023 revenue. CharityIndex grades it B.
8410 S Broadway, Los Angeles, CA, 90003 EIN 26-4753821 Since 2010
Revenue (FY2023)
$1.4M
▲ 41.4% vs prior year
Education median: $200K
Expenses (FY2023)
$801K
Net assets
$2.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
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. Not scored for Community Asset Development Re-defining Education— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating31 mo reserves · +44% 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 Community Asset Development Re-defining Education: 31 mo reserves · +44% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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. Not scored for Community Asset Development Re-defining Education— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Community Asset Development Re-defining Education: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 8410 S Broadway, Los Angeles, CA, 90003
- City
- Los Angeles
- State
- California
- Category
- Education
- Subcategory
- Alliances, Advocacy & Professional Societies
- Website
- …
Financial trends
Revenue grew from $625K (FY2020) to $1.4M (FY2023) across 4 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $83KNet assets $2.0M
Operating margin
43.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.1M
Total liabilities
$83K
Net assets
$2.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,426,267▲41.4% | $800,552▲0.5% | $2,047,379▲44.0% | $2,130,004▲27.7% | 990 |
| 2022 | $1,008,914▼18.7% | $796,491▼24.2% | $1,421,664▲17.6% | $1,667,570▲11.4% | 990 |
| 2021 | $1,241,118▲98.5% | $1,050,935▲20.7% | $1,209,241▲18.7% | $1,497,161▲39.3% | 990 |
| 2020 | $625,376 | $870,543 | $1,019,058 | $1,075,083 | 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.
Grants received · $1.9M total
27 grants to Community Asset Development Re-defining Education totaling $1.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| New Venture Fund | Youth development and education | 2023 | $200,000 |
| Tides Center | Quality education | 2023 | $45,000 |
| United Way Inc | Shared prosperity | 2022 | $50,000 |
| American Online Giving Foundation Inc | General support | 2022 | $30,000 |
| New Venture Fund | Youth development and education | 2021 | $210,000 |
| California Community Foundation | Nonprofit sustainability | 2021 | $70,250 |
| National Philanthropic Tr | Education | 2021 | $50,000 |
| Philanthropic Ventures Foundation | Translation services for spanish website | 2021 | $7,000 |
| California Community Foundation | Nonprofit sustainability | 2020 | $25,000 |
| Amalgamated Charitable Foundation Inc | General operating support | 2020 | $15,000 |
| National Philanthropic Tr | Education | 2020 | $15,000 |
| New Venture Fund | Youth development and education | 2019 | $200,000 |
| New Venture Fund | Youth development and education | 2019 | $200,000 |
| Proteus Fund Inc | Human rights | 2019 | $20,000 |
| United Way Inc | Education | 2019 | $17,500 |
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Frequently asked questions
- Is Community Asset Development Re-defining Education a legitimate nonprofit?
- Yes. Community Asset Development Re-defining Education is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 26-4753821, based in Los Angeles, California. Donations are tax-deductible.
- What is Community Asset Development Re-defining Education's EIN?
- Community Asset Development Re-defining Education's Employer Identification Number (EIN) is 26-4753821.
- How much revenue does Community Asset Development Re-defining Education report?
- Community Asset Development Re-defining Education reported $1,426,267 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Community Asset Development Re-defining Education have?
- CharityIndex grades Community Asset Development Re-defining Education B, based on financial health (reserves and operating margin).
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Data for Community Asset Development Re-defining Education (EIN 26-4753821) 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.