COOPERATIVE FOR EDUCATION

EIN: 311545464 501(c)(3) Education

CINCINNATI, OH

Total Revenue
$3,616,687
Total Expenses
$3,780,247
Total Assets
$6,779,320
Net Assets
$4,677,837
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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
OH
Principal Officer
JOSEPH BERNINGER
Phone
5136617000
Tax Period
2024-01-01 to 2024-12-31

COOPERATIVE FOR EDUCATION, founded in 1997, is a community nonprofit in the Education sector that reported $3.6M in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year.

Mission

TO PROVIDE EDUCATIONAL IMPROVEMENT SERVICES AND OTHER CHARITABLE SERVICES TO FINANCIALLY STRESSED COMMUNITIES AND EDUCATION INSTITUTIONS AND EDUCATE NORTH AMERICANS ABOUT GUATEMALA, ITS POVERTY AND EDUCATIONAL SERVICES.

Program Service Accomplishments

Program 1
Expenses: $1,078,583 Revenue: $0

COED'S RISE YOUTH DEVELOPMENT PROGRAM GETS KIDS INTO SCHOOL AND ENSURES THEY CAN REACH THE MILESTONE OF HIGH-SCHOOL GRADUATION (FOCUSING PRIMARILY ON EVENING THE PLAYING FIELD FOR GIRLS, WHO ARE...

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COED'S RISE YOUTH DEVELOPMENT PROGRAM GETS KIDS INTO SCHOOL AND ENSURES THEY CAN REACH THE MILESTONE OF HIGH-SCHOOL GRADUATION (FOCUSING PRIMARILY ON EVENING THE PLAYING FIELD FOR GIRLS, WHO ARE OFTEN THE FIRST TO BE PULLED OUT OF SCHOOL IN GUATEMALA). THE PROGRAM GOES FAR BEYOND A TRADITIONAL SCHOLARSHIP, PROVIDING TUTORING AND MENTORING, COMPREHENSIVE SOCIAL SUPPORT, AND PERSONAL DEVELOPMENT OPPORTUNITIES THAT TRANSFORM STUDENTS INTO THE NEXT GENERATION OF LEADERS. IN 2024, 813 GIRLS AND 243 BOYS BENEFITED FROM RISE.

Program 2
Expenses: $835,880 Revenue: $221,851

THE BRIDGES PROGRAM CREATES AWARENESS THAT DRIVES PEOPLE AROUND THE WORLD TO ACTION THROUGH SERVICE, ENABLING INDIVIDUALS TO DISCOVER HOW THEIR GIFTS AND TALENTS CAN BEST BE CALLED FORTH TO HELP...

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THE BRIDGES PROGRAM CREATES AWARENESS THAT DRIVES PEOPLE AROUND THE WORLD TO ACTION THROUGH SERVICE, ENABLING INDIVIDUALS TO DISCOVER HOW THEIR GIFTS AND TALENTS CAN BEST BE CALLED FORTH TO HELP OTHERS. IN 2024, THE BRIDGES PROGRAM EDUCATED MORE THAN 620 INDIVIDUALS AROUND THE WORLD THROUGH 27 EDUCATIONAL PRESENTATIONS (BOTH VIRTUALLY AND IN-PERSON) AND INVOLVED 134 VOLUNTEERS IN DIRECT SERVICE ON TRIPS TO GUATEMALA.

Program 3
Expenses: $499,067 Revenue: $0

COED'S SPARK READING PROGRAM TRANSFORMS STUDENTS INTO ENTHUSIASTIC, COMPETENT, AND LIFELONG READERS BY PROVIDING CHILDREN'S BOOKS TO IMPOVERISHED SCHOOLS IN RURAL GUATEMALA AND TRAINING TEACHERS IN...

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COED'S SPARK READING PROGRAM TRANSFORMS STUDENTS INTO ENTHUSIASTIC, COMPETENT, AND LIFELONG READERS BY PROVIDING CHILDREN'S BOOKS TO IMPOVERISHED SCHOOLS IN RURAL GUATEMALA AND TRAINING TEACHERS IN BEST PRACTICES FOR EARLY LITERACY INSTRUCTION. THROUGHOUT 2024, THE PROGRAM TRAINED 220 TEACHERS FROM 25 SCHOOLS, BENEFITING 5,370 STUDENTS. STUDIES SHOW THAT KIDS IN SPARK CLASSROOMS TYPICALLY LEARN TWICE AS MUCH AS KIDS IN NON-SPARK CLASSROOMS.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,194,495
Program Service Revenue $221,851
Investment Income $200,341
Other Revenue $0
TOTAL REVENUE $3,616,687

Expense Breakdown

Grants Paid $394,850
Salaries & Benefits $2,139,820
Fundraising Expenses $396,700
Program Expenses $3,103,976
Other Expenses $1,245,577
TOTAL EXPENSES $3,780,247

Year-over-Year Comparison

2024 2023 Change
Revenue $3,616,687 $4,274,545 -0.2%
Expenses $3,780,247 $3,661,560 +0.0%
Net Income $-163,560 $612,985 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
14
Independent Members
13
Employees
20
Volunteers
134

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$284,560
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEN AMINI MEMBER 1.00
Director
$0 $0 $0
AURORA LAMBERT MEMBER 1.00
Director
$0 $0 $0
EMILY BLOCK MEMBER 1.00
Director
$0 $0 $0
JOHN BERNINGER MEMBER 1.00
Director
$0 $0 $0
KENNETH PETREN MEMBER 1.00
Director
$0 $0 $0
LAURA TRUJILLO MEMBER 1.00
Director
$0 $0 $0
MARY GEREN LUTZ MEMBER 1.00
Director
$0 $0 $0
MOLLY TYGER MEMBER 1.00
Director
$0 $0 $0
RICK CORCORAN JR MEMBER 1.00
Director
$0 $0 $0
SR ROMINA SAPINOSO MEMBER 1.00
Director
$0 $0 $0
BRIAN TODD CHAIR 1.00
Officer Director
$0 $0 $0
ROLANDO ARCHILA VICE CHAIR 1.00
Officer Director
$0 $0 $0
PATRICK FARFSING TREASURER 1.00
Officer Director
$0 $0 $0
ERIC LANDEN SECRETARY 1.00
Officer Director
$0 $0 $0
JOSEPH BERNINGER EXECUTIVE DIRECTOR 40.00
Officer
$126,629 $2,584 $129,213
LIZA O'NEAL CORPORATE TREASURER 40.00
Officer
$84,238 $7,944 $92,182
ABIGAIL GAIDE CORPORATE SECRETARY 40.00
Officer
$55,739 $7,426 $63,165
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $3,616,687 $3,780,247 $6,779,320 $-163,560
2023 $4,274,545 $3,661,560 $6,848,465 $612,985
2022 $3,508,083 $3,268,964 $6,830,779 $239,119
2021 $3,166,272 $2,649,673 $6,491,299 $516,599
2020 $3,112,231 $2,700,332 $5,691,665 $411,899
2019 $3,518,114 $3,262,186 $5,314,136 $255,928
2019 $3,518,114 $3,262,186 $5,314,136 $255,928
2018 $2,944,757 $3,298,870 $4,891,780 $-354,113
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