Partnership For Ed Advancement Inc
Only null% goes to programs Strong reserves Declining revenue
Partnership For Ed Advancement Inc is a 501(c)(3) organization based in New York, New York, registered in 2019, with $11,458,290 in FY2023 revenue. CharityIndex grades it D.
499 Park Avenue 27th Floor, New York, NY, 10022 EIN 83-1400442 Since 2019
Revenue (FY2023)
$11.5M
▼ 51.9% vs prior year
Education median: $200K
Expenses (FY2023)
$20.2M
Net assets
$29.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Partnership For Ed Advancement Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating18 mo reserves · -76% 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 Partnership For Ed Advancement Inc: 18 mo reserves · -76% margin earns a F 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 Partnership For Ed Advancement Inc— 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 Partnership For Ed Advancement Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 499 Park Avenue 27th Floor, New York, NY, 10022
- City
- New York
- State
- New York
- Category
- Education
- Subcategory
- Student Services & Aid
- Website
- …
Financial trends
Revenue grew from $451K (FY2018) to $11.5M (FY2023) across 6 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $2.4MNet assets $29.8M
Operating margin
-76.5%
Spent more than it raised in the latest fiscal year.
Total assets
$32.3M
Total liabilities
$2.4M
Net assets
$29.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $11,458,290▼51.9% | $20,222,000▼1.9% | $29,837,748▼22.1% | $32,272,540▼27.6% | 990 |
| 2022 | $23,831,423▼42.2% | $20,605,938▲42.8% | $38,279,187▲9.9% | $44,587,407▲23.2% | 990 |
| 2021 | $41,198,488▲170% | $14,431,760▲92.5% | $34,843,702▲331% | $36,194,552▲327% | 990 |
| 2020 | $15,250,000▲1643% | $7,498,314▲826% | $8,076,974▲2383% | $8,474,840▲2268% | 990 |
| 2019 | $875,000▲94.0% | $809,942▲325% | $325,288▲25.0% | $357,842▲32.8% | 990 |
| 2018 | $451,000 | $190,770 | $260,230 | $269,478 | 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 · $106.7M total
21 grants to Partnership For Ed Advancement Inc totaling $106.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Educational Credit Management Corporation | Fafsa student support | 2024 | $4,324,959 |
| Ascendium Education Solutions Inc | Grant, academic planning tool pilot | 2024 | $387,320 |
| Blue Meridian Partners Inc | To support scaling plan | 2023 | $11,420,000 |
| Thurgood Marshall College Fund Inc | Program support | 2023 | $10,400,000 |
| Thurgood Marshall College Fund Inc | Program support | 2023 | $2,992,629 |
| Axim Collaborative Inc | Grant | 2023 | $705,000 |
| Ascendium Education Solutions Inc | Academic planning tool pilot | 2023 | $445,805 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $250,000 |
| Thurgood Marshall College Fund Inc | Capacity building | 2023 | $175,000 |
| Thurgood Marshall College Fund Inc | Capacity building | 2023 | $37,055 |
| Thurgood Marshall College Fund Inc | Program support | 2022 | $8,000,000 |
| Thurgood Marshall College Fund Inc | Program support | 2022 | $8,000,000 |
| Blue Meridian Partners Inc | To support scaling plan | 2022 | $7,000,000 |
| The Blackbaud Giving Fund | General support | 2022 | $160,000 |
| Blue Meridian Partners Inc | To support scaling plan | 2021 | $2,470,000 |
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Frequently asked questions
- Is Partnership For Ed Advancement Inc a legitimate nonprofit?
- Yes. Partnership For Ed Advancement Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 83-1400442, based in New York, New York. Donations are tax-deductible.
- What is Partnership For Ed Advancement Inc's EIN?
- Partnership For Ed Advancement Inc's Employer Identification Number (EIN) is 83-1400442.
- How much revenue does Partnership For Ed Advancement Inc report?
- Partnership For Ed Advancement Inc reported $11,458,290 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Partnership For Ed Advancement Inc have?
- CharityIndex grades Partnership For Ed Advancement Inc D, based on financial health (reserves and operating margin).
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Data for Partnership For Ed Advancement Inc (EIN 83-1400442) 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.