Education Development Center Inc
501(c)(3) Donations tax-deductible
89% goes to programs $0 to raise $100
Education Development Center Inc is a 501(c)(3) organization based in Waltham, Massachusetts, registered in 1960, with $159,199,685 in FY2024 revenue. CharityIndex grades it A, and it directs about 89% of spending to programs.
300 Fifth Ave Suite 2010, Waltham, MA, 02451 EIN 04-2241718 Since 1960
Revenue (FY2024)
$159.2M
▼ 24.5% vs prior year
Expenses (FY2024)
$156.4M
Net assets
$73.1M
Employees
779
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating89% 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 Education Development Center Inc: 89% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating6 mo reserves · +2% 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 Education Development Center Inc: 6 mo reserves · +2% 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 Education Development Center 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 Education Development Center Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Education development center, inc. (edc), is a global nonprofit with the mission to advance every person's journey to learn, work, and be well. since 1958, we have been a leader in designing, implementing, and evaluating powerful and innovative programs in more than 80 countries. guided by our strategic vision, edc strives to ensure that all people are empowered to lead healthy, productive lives. to realize our vision, we are working to achieve four ambitions: 1. children have quality education and care in their crucial early years. 2. people have the skills, agency, and resilience to flourish in a changing world. 3. teachers and education systems are equipped to meet the ever-changing needs of all learners. 4. everyone's well-being is enhanced by safe environments, quality health care, and nurturing relationships. edc's 2025 work had 14 key focuses. our services included the following: edc solutions; research & evaluation; design & development; implementation; and policy.
What they do
U.s. division: u.s. division in 2025, edc's work in the united states advanced the organization's mission and four ambitions stated above. our teams expanded work in maternal and child health, early childhood education, behavioral health (e.g., mental health promotion, addiction and suicide prevention), stem education and workforce development, and research and evaluation. over 70 new projects were awarded. key highlights from activities and new projects from the year include: a. launching innovative work to improve stem workforce readiness and success, including (1) partnering with google to co-develop and publish the first profile of an ai-enhanced software developer, which provides industry and education partners with a road map to "future proof" developers who are entering the field; (2) beginning work with community colleges to build ai literacy in the u.s. workforce; and (3) publishing our new ai interaction framework that helps teachers foster students' ai fluency. b. expanding our work to improve maternal and child health by (1) advancing integration of doulas, midwives, and birth centers into maternal health systems; (2) promoting national maternal and child health leadership; (3) improving access to care for infants with prenatal substance exposure; and (4) presenting 10 invited, intensive sessions at the three-day national maternal, infant, and early childhood home visiting all-grantee meeting. c. continuing work to ensure stem proficiency for prek-12 learners by publishing a new toolkit to expand computer science education, leading computer science expos, and rolling out new deliverables from the data paths, math for all, and amgen biotech experience initiatives. we also launched new projects including (1) r&d to integrate computer science in elementary math in 12 schools in four states; and (2) r&d to promote the stem learning of teens who spend significant time in medical care facilities. d. expanding our leadership in promoting well-being by (1) co-developing a new online interactive ptsd treatment decision aid; (2) growing our successful multi-tiered suicide prevention for schools services; (3) and delivering new trainings, services, and resources through national action alliance for suicide prevention, zero suicide institute at edc, suicide prevention resource center, and community-led suicide prevention academy-improving outcomes for millions of people at risk of suicide. e. leading and co-leading initiatives to prevent substance misuse and address co-occurring behavioral health challenges such as (1) northeast and caribbean technology transfer center (pttc); (2) great lakes pttc; (3) digital wellness collaborative; (4) strategic plan to address older adults' prescription drug misuse; (5) strategic prevention technical assistance center; (6) behavioral health excellence technical assistance center; and (6) massachusetts center of excellence on problem gambling prevention. f. continuing to grow our early childhood work, including (1) bringing edc's first 10 initiative to 17 alabama communities; and (2) continuing our 11 years of leading a statewide early childhood quality improvement initiative that has provided 14,000+ ta/coaching sessions reaching 12,000+ early childhood educators. g. leading research, including (1) publishing findings on how podcasts can help parents support children's learning; (2) beginning two new evaluations focused on workforce development; and (3) continuing our work to improve education by leading the regional educational laboratory northeast & islands for the institute of education sciences.
Contact & location
- Address
- 300 Fifth Ave Suite 2010, Waltham, MA, 02451
- City
- Waltham
- State
- Massachusetts
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $159.5M (FY2013) to $159.2M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $51.4MNet assets $73.1M
Operating margin
1.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$124.5M
Total liabilities
$51.4M
Net assets
$73.1M
Salaries & benefits
$87.6M
56% of expenses
Board members
15
14 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $159,199,685▼24.5% | $156,382,480▼21.8% | $73,081,514▲7.0% | $124,492,354▲0.4% | 990 |
| 2023 | $210,774,465▲4.6% | $200,093,700▲3.9% | $68,282,124▲28.4% | $123,981,044▲6.0% | 990 |
| 2022 | $201,501,966▲7.9% | $192,639,833▲9.3% | $53,198,684▲24.1% | $116,911,673▲47.9% | 990 |
| 2021 | $186,746,637▲11.2% | $176,323,825▲8.5% | $42,879,345▲21.4% | $79,029,805▲11.6% | 990 |
| 2020 | $167,892,057▲13.6% | $162,508,573▲11.8% | $35,314,250▲18.1% | $70,787,173▲7.4% | 990 |
| 2019 | $147,745,529▼8.7% | $145,292,183▼8.5% | $29,890,017▲9.2% | $65,926,072▲15.1% | 990 |
| 2018 | $161,853,476▲4.0% | $158,717,546▲3.4% | $27,365,751▲13.4% | $57,262,389▼2.9% | 990 |
| 2017 | $155,645,130▲6.2% | $153,431,657▲5.8% | $24,137,071▲10.1% | $58,966,024▲0.7% | 990 |
| 2016 | $146,568,862▲8.3% | $145,050,590▲7.6% | $21,923,597▲7.4% | $58,577,156▲9.5% | 990 |
| 2015 | $135,339,260▼5.6% | $134,841,925▼6.2% | $20,405,325▲2.5% | $53,476,525▲6.7% | 990 |
| 2014 | $143,326,222▼10.2% | $143,701,151▼9.8% | $19,907,990▼1.8% | $50,135,958▼10.7% | 990 |
| 2013 | $159,547,027 | $159,247,261▼21.4% | $20,282,919▲1.5% | $56,139,077▼8.1% | 990 |
| 2012 | — | $202,565,384▲5.2% | $19,983,153▲5.4% | $61,099,114▼2.9% | 990 |
| 2011 | — | $192,604,218▼2.1% | $18,953,253▲11.0% | $62,948,525▲6.0% | 990 |
| 2010 | — | $196,778,001▲10.2% | $17,081,007▲24.7% | $59,392,946▲25.2% | 990 |
| 2009 | — | $178,645,145 | $13,694,969 | $47,453,132 | 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: Liesbet Steer — $462,044 (0.30% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Liesbet Steer | President and Ceo, Resigned Eff 5.1.24 | 40 | $462,044 |
| Siobhan Murphy | Ceo Eff March 25, 2025 | 40 | $428,603 |
| Cheryl Hoffmann-bray | C.f.o., C.c.o., Sr. V.p.,treasurer, Retired Aug. 2025 | 40 | $393,074 |
| Cindy Taylor | Sr. V.p. Program Area Lead | 40 | $373,308 |
| Nancy Devine | Sr. V.p., Idd | 40 | $373,049 |
| Christine Filosa | Sr. V.p., General Counsel, Corporate Secretary | 40 | $346,192 |
| Shelley Pasnik | Senior Vice President | 40 | $323,291 |
| Kate Hughes | Director & Interim Chief Human Resources Officer | 40 | $321,881 |
| Raymond Davis | Vice President & Chief Technology Officer | 40 | $306,153 |
| Andrew Lewis | Chief of Party | 40 | $281,626 |
| Andrea Bosch | Chief of Party IV | 40 | $281,224 |
| Rebecca Stoeckle | Senior Vice President | 40 | $280,096 |
| Jill Jarvi | Chief of Party | 40 | $261,410 |
| Sarita Pillai | Sr Vice President, Portfolio Leader | 40 | $251,511 |
| Rosemarie Brian | Deputy Cfo, Treasurer, Eff. July 2024, Partial Year | 40 | $98,693 |
| Anne Bryant | Trustee, Emeritus (non-voting) | 0.39 | — |
| Bill Hughes | Trustee | 1.67 | — |
| Ciara Burnham | Trustee, Chair | 7.7 | — |
| Cynthia King Vance | Trustee | 3.1 | — |
| Darshak Shah | Trustee | 1.86 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| James Bell Associates | Education R&d | $4,283,610 |
| Georgetown University | Education R&d | $2,921,515 |
| Sri International | Education R&d | $1,054,311 |
| La Promise Fund | Education R&d | $809,207 |
| Start Early | Education R&d | $802,097 |
Grants received · $33.7M total
91 grants to Education Development Center Inc totaling $33.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Boston College Trustees | Sponsored sub-awd | 2024 | $152,627 |
| Vermont Community Foundation | Parent to parent loss survivor film project | 2024 | $81,460 |
| Digital Promise Global | Subaward | 2024 | $76,020 |
| The Mastercard Foundation | Youth learning | 2024 | $54,970 |
| American Online Giving Foundation Inc | General support | 2024 | $29,975 |
| Rockefeller Philanthropy Advisors Inc | Philanthropy, voluntarism & grantmaking foundations, education | 2024 | $11,979 |
| Rockefeller Philanthropy Advisors Inc | General | 2023 | $247,475 |
| Brown University of Providence | Subcontract grant | 2023 | $146,906 |
| National Park Foundation | Connect | 2023 | $119,450 |
| Carnegie Mellon University | Education/research | 2023 | $80,648 |
| Digital Promise Global | Subaward under the nsf/newcircls project | 2023 | $77,363 |
| Charities Aid Foundation America | Charitable donation | 2023 | $50,000 |
| American Online Giving Foundation Inc | General support | 2023 | $30,910 |
| The New York Community Trust | For program support. | 2023 | $25,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $15,000 |
Grants made · $16.9M in FY2024
89 grants totaling $16.9M in FY2024 — showing the 15 largest. All grants made by Education Development Center Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Georgetown University | Ed r & d | $3,318,366 |
| James Bell Associates | Ed r & d | $2,561,557 |
| La Promise Fund | Ed r & d | $809,207 |
| Families Forward | Ed r & d | $787,783 |
| Start Early | Ed r & d | $626,303 |
| University of California San Francisco | Ed r & d | $616,805 |
| Regents Univ of California | Ed r & d | $493,200 |
| Bank Street College of Education | Ed r & d | $485,725 |
| Abt Global Inc | Ed r & d | $334,125 |
| Columbus State Community | Ed r & d | $313,009 |
| New York University | Ed r & d | $295,420 |
| Headspin Software | Ed r & d | $291,480 |
| Pacific Institute For Research and Evaluation | Ed r & d | $277,584 |
| University of Central Fl | Ed r & d | $274,999 |
| University of Miami | Ed r & d | $274,397 |
Frequently asked questions
- Is Education Development Center Inc a legitimate nonprofit?
- Yes. Education Development Center Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-2241718, based in Waltham, Massachusetts. Donations are tax-deductible.
- What is Education Development Center Inc's EIN?
- Education Development Center Inc's Employer Identification Number (EIN) is 04-2241718.
- How much revenue does Education Development Center Inc report?
- Education Development Center Inc reported $159,199,685 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Education Development Center Inc's spending goes to programs?
- Education Development Center Inc spends about 89% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Education Development Center Inc have?
- CharityIndex grades Education Development Center Inc A, based on program efficiency and fundraising cost.
- How much does Education Development Center Inc's highest-paid employee make?
- The highest reported compensation on Education Development Center Inc's latest Form 990 is $462,044, paid to Liesbet Steer (President and Ceo, Resigned Eff 5.1.24).
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Data for Education Development Center Inc (EIN 04-2241718) 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.