NonprofitsPartnership For Ed Advancement Inc

Education

Partnership For Ed Advancement Inc

NEW YORK, NY

Total revenue

$22.0M

Total expenses

$24.2M

Net assets

$27.9M

Grants received

$113.8M

25 grants

EIN

831400442

Tax year

2024

Mission

The partnership for education advancement is a 501(c)(3) not-for-profit organization committed to supporting social mobility through strengthening of mission-focused colleges and universities that primarily serve low-income, first-generation, and under-resourced students and families. We are dedicated to the following principles as we carry out our mission:- our resources and investments align with students' future success in evident and measurable ways.- we must acknowledge and uphold the capacity of minority serving institutions, including hbcus, to lead equity efforts.- transformation requires solutions that are sustainable, scalable, and broadly adoptable

Programs

2 programs

Better fafsa supportto provide additional resources and technology to help colleges prepare to package students' financial aid as quickly and accurately as possible through better fafsa.

Expenses: $4.2M

Capacity building and supportcapacity building and support to mission-aligned universities.

Expenses: $7.0MGrants: $491K

Financials

FY 2024

Revenue

Contributions & grants$16.3M
Program service revenue$4.3M
Investment income$1.3M
Other revenue$14K
Total revenue$22.0M

Expenses

Grants paid$3.0M
Salaries & benefits$6.4M
Fundraising$288K
Other expenses$14.8M
Total expenses$24.2M
Total assets$29.5M
Net assets$27.9M

People

13 listed

NameRoleCompensation

WILLIAM LEITH

MANAGING DIRECTOR

Board

$308K

40 hrs/wk

JAMES RUNCIE

CHIEF EXECUTIVE OFFICER

Board

$300K

40 hrs/wk

NARA LEE

SENIOR FINANCE OFFICER

Board

$220K

40 hrs/wk

GARRETT MORAN

TRUSTEE

Board

1 hrs/wk

BERYL MCEWEN

TRUSTEE

Board

1 hrs/wk

ARNE DUNCAN

TRUSTEE

Board

1 hrs/wk

HAMILTON JAMES

CHAIRMAN

Board

2 hrs/wk

VERDUN PERRY

TRUSTEE

Board

1 hrs/wk

ZINA EVANS

SVP ENROLLMENT MANAGEMENT

Staff

$356K

40 hrs/wk

ROBIN MINOR

SVP INSTITUTIONAL PARTNERS

Staff

$308K

40 hrs/wk

WAYNE CUMMINGS

SVP CHIEF TECHNOLOGY OFFICER

Staff

$286K

40 hrs/wk

ANNE ELIZABETH REZNIK

CHIEF OF STAFF

Staff

$272K

40 hrs/wk

CECILIA LOUISE MARSHALL

DIRECTOR OF EXTERNAL PARTNERSHIPS

Staff

$216K

40 hrs/wk

Independent contractors

FINANCIAL AID SERVICES

EDUCATION CONSULTING

$3.7M

RUFFALO NOEL LEVITZ

EDUCATION CONSULTING

$2.1M

PARITII LLC

EDUCATION CONSULTING

$609K

AMBIENT CONSULTING LLC

EDUCATION CONSULTING

$379K

WHITEBOARD ADVISORS LLC

EDUCATION CONSULTING

$261K

Grants received

Showing 25 of 25

FromAmountPurposeYear
$4.3M
FAFSA STUDENT SUPPORT
2024
$3.5M
POSTSECONDARY EDUCATION
2024
$500K
POSTSECONDARY EDUCATION
2024
$387K
Grant, Academic Planning Tool Pilot
2024
$310K
POSTSECONDARY EDUCATION
2024
$11.4M
TO SUPPORT SCALING PLAN
2023
$10.4M
Program support
2023
$3.0M
Program support
2023
$2.5M
POSTSECONDARY EDUCATION
2023
$446K
Academic Planning Tool Pilot
2023
$250K
For grant recipient's exempt purposes
2023
$175K
Capacity Building
2023
$37K
Capacity Building
2023
$8M
Program support
2022
$8M
Program support
2022
$7M
TO SUPPORT SCALING PLAN
2022
$304K
POSTSECONDARY EDUCATION
2022
$160K
GENERAL SUPPORT
2022
$2.5M
TO SUPPORT SCALING PLAN
2021
$585K
Academic Planning Tool Pilot
2021
$75K
GENERAL SUPPORT
2021
$34.2M
TO SUPPORT SCALING PLAN
2020
$15M
TO PROVIDE COVID-19 SUPPORT
2019
$50K
Development and Validation of a Compelling Income Share Program
2019

Funded by

$113.8M from 9 funders · 25 grants · 2019–2024

Blue Meridian Partners Inc

$70.1M · 5 grants · 2019–2023

Thurgood Marshall College Fund

$29.6M · 6 grants · 2022–2023

Gates Foundation

$7.1M · 5 grants · 2022–2024

Educational Credit

$4.3M · 1 grant · 2024

Ascendium Education Solutions Inc

$1.5M · 4 grants · 2019–2024

Axim Collaborative Inc

$705K · 1 grant · 2023

The Blackbaud Giving Fund

$160K · 1 grant · 2022

Details

EIN831400442
NTEE codeB82
Subsection03
Ruling date2019-06
Formed2018
Employees39
Volunteers0
PARTNERSHIP FOR ED ADVANCEMENT INC — Mission, Financials & Grants Received | Grantivo