EDUCATIONAL DIVIDE REFORM INC

EIN: 462969632 501(c)(3) Unknown

CAMBRIDGE, MA

Total Revenue
$321,178
Total Expenses
$337,919
Total Assets
$4,252
Net Assets
$-402,027
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
MA
Phone
6174922722
Tax Period
2024-01-01 to 2024-12-31

EDUCATIONAL DIVIDE REFORM INC, founded in 2013, is a small nonprofit in the Unknown sector that reported $321K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year.

Mission

EDUCATIONAL DIVIDE REFORM, INC. ADVANCES THE MISSION TO PROMOTE GLOBAL CITIZENSHIP EDUCATION, SOCIAL INCLUSION AND COMMUNITY DEVELOPMENT THROUGH YOUTH EDUCATION.

Program Service Accomplishments

Program 1
Expenses: $185,773

PATHFINDER: PATHFINDER IS A YEAR-LONG PROGRAM THAT PROMOTES ECONOMIC MOBILITY AND CAREER PATH EXPLORATION INITIATIVE DESIGNED TO HELP STUDENTS DEVELOP PERSONALIZED ROADMAPS TOWARD HIGH-INCOME CAREERS...

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PATHFINDER: PATHFINDER IS A YEAR-LONG PROGRAM THAT PROMOTES ECONOMIC MOBILITY AND CAREER PATH EXPLORATION INITIATIVE DESIGNED TO HELP STUDENTS DEVELOP PERSONALIZED ROADMAPS TOWARD HIGH-INCOME CAREERS IN DIVERSE FIELDS SUCH AS EDUCATION, BIOSCIENCE, PHARMACOLOGY, LAW AND GOVERNMENT, MEDICINE, ENGINEERING, AND MORE. THROUGH INDIVIDUALIZED MENTORING AND EXPERT GUIDANCE FROM INDUSTRY PROFESSIONALS, THE PROGRAM INSPIRES STUDENTS TO EXPLORE LONG-TERM CAREER POSSIBILITIES AND EQUIPS THEM WITH THE KNOWLEDGE, PLANNING SKILLS, AND MOTIVATION NECESSARY FOR FUTURE SUCCESS.

Program 2
Expenses: $21,074

STEP-UP: STEP-UP IS A SUMMER STUDY PROGRAM WITH AN EDUCATION INITIATIVE THAT PROVIDES ACADEMIC INSTRUCTION IN ENGLISH READING AND WRITING, MATHEMATICS, SCIENCE, INTRODUCTION TO COMPUTERS, CODING, AND...

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STEP-UP: STEP-UP IS A SUMMER STUDY PROGRAM WITH AN EDUCATION INITIATIVE THAT PROVIDES ACADEMIC INSTRUCTION IN ENGLISH READING AND WRITING, MATHEMATICS, SCIENCE, INTRODUCTION TO COMPUTERS, CODING, AND CYBERCRIME PREVENTION. THE PROGRAM ALSO OFFERS MUSIC EDUCATION AND COMPREHENSIVE STUDENT SUPPORT THROUGH HOMEWORK HELP AND TUTORING SERVICES FOR HIGH NEED STUDENTS IN GRADES K8. STEP-UP AIMS TO STRENGTHEN STUDENTS FOUNDATIONAL SKILLS, BOOST THEIR CONFIDENCE, AND PROMOTE ACADEMIC SUCCESS IN A SAFE AND SUPPORTIVE LEARNING ENVIRONMENT.

Program 3
Expenses: $20,574

STEP FORWARD: STEP FORWARD IS A SUMMER STUDY PROGRAM DESIGNED TO BOOST ACADEMIC ENGLISH PROFICIENCY FOR RECENT IMMIGRANT STUDENTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $223,716
Program Service Revenue $97,276
Investment Income $186
Other Revenue $0
TOTAL REVENUE $321,178

Expense Breakdown

Grants Paid $0
Salaries & Benefits $101,178
Fundraising Expenses $10,650
Program Expenses $227,421
Other Expenses $236,741
TOTAL EXPENSES $337,919

Year-over-Year Comparison

2024 2023 Change
Revenue $321,178 $368,004 -0.1%
Expenses $337,919 $395,767 -0.1%
Net Income $-16,741 $-27,763 -0.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
5
Volunteers
20

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
4
$70,500
Total Directors
9
$70,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GRACE GOEUN KWON Treasurer 30.00
Officer Director
$34,500 $0 $34,500
JINSEOP JANG PH D PRESIDENT 24.00
Officer Director
$20,000 $0 $20,000
YE EUN CHO CLERK 30.00
Officer Director
$16,000 $0 $16,000
WINSTON LANGLEY PH D DIRECTOR 0.50
Director
$0 $0 $0
TIMOTHY M SHAW PH D DIRECTOR 0.50
Director
$0 $0 $0
JANE PARPART PH D DIRECTOR 0.50
Director
$0 $0 $0
HYON C PLAHM CFO 0.50
Officer Director
$0 $0 $0
MARY CAZABON Director 0.50
Director
$0 $0 $0
LINDA CHAMPION ESQ DIRECTOR 0.50
Director
$0 $0 $0
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
2024 $321,178 $337,919 $4,252 $-16,741
2023 $368,004 $395,767 $1,739 $-27,763
2022 $293,323 $457,588 $20,863 $-164,265
2021 $342,415 $458,904 $189,842 $-116,489
2020 $50,925 $111,900 $2,631 $-60,975
2019 $180,856 $192,546 $6,809 $-11,690
2018 $184,305 $170,319 $184 $13,986
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