EDVESTORS INC

EIN: 760794873 501(c)(3) Education

BOSTON, MA

Total Revenue
$4,636,578
Total Expenses
$6,042,236
Total Assets
$9,073,275
Net Assets
$6,697,121
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
MA
Principal Officer
MARINELL ROUSMANIERE
Phone
6175855740
Tax Period
2023-07-01 to 2024-06-30

EDVESTORS INC, founded in 2005, is a community nonprofit in the Education sector that reported $4.6M in total revenue in fiscal year 2023. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $6.0M exceeded revenue, resulting in a 30% operating deficit.

Mission

EDVESTORS WAS FOUNDED IN 2002 AS A PLATFORM TO CONNECT BOSTON PHILANTHROPISTS WITH THE CITY'S PUBLIC SCHOOLS BY IDENTIFYING, SHAPING, AND MATCHING DONORS WITH PROMISING SCHOOL IMPROVEMENT EFFORTS. (SEE SCHEDULE O)

Program Service Accomplishments

Program 1
Expenses: $2,119,087

BOSTON PUBLIC SCHOOLS ARTS EXPANSION - A MULTI-YEAR COLLABORATIVE EFFORT TO EXPAND EQUITABLE ACCESS TO QUALITY ARTS LEARNING EXPERIENCES FOR ALL STUDENTS IN BOSTON PUBLIC SCHOOLS (BPS). (CONTINUED ON...

Read more

BOSTON PUBLIC SCHOOLS ARTS EXPANSION - A MULTI-YEAR COLLABORATIVE EFFORT TO EXPAND EQUITABLE ACCESS TO QUALITY ARTS LEARNING EXPERIENCES FOR ALL STUDENTS IN BOSTON PUBLIC SCHOOLS (BPS). (CONTINUED ON SCHEDULE O) THIS PUBLIC-PRIVATE PARTNERSHIP INVOLVES A LARGE AND COORDINATED NETWORK OF PARTNERS, INCLUDING SCHOOLS, ARTS INSTITUTIONS, TEACHING ARTISTS, AND FUNDERS, AMONG OTHERS. AS A RESULT OF THIS PUBLIC-PRIVATE PARTNERSHIP, 17,000 MORE STUDENTS ANNUALLY RECEIVE ARTS EDUCATION AS COMPARED WITH MORE THAN A DECADE AGO AND OUR PRIVATE INVESTMENT HAS LEVERAGED A 5:1 RETURN OF INCREASED BPS DISTRICT BUDGET INVESTMENT FOR ARTS EDUCATION. EDVESTORS IS THE LEAD IMPLEMENTATION PARTNER FOR BPS ARTS EXPANSION. IN 2019, EDVESTORS PARTNERED WITH BLOOMBERG PHILANTHROPIES TO BRING THE BLOOMBERG ARTS INTERNSHIP TO BOSTON, PROVIDING HIGH SCHOOL STUDENTS WITH SUMMER INTERNSHIPS AT THE CITY'S FOREMOST CULTURAL INSTITUTIONS AND ORGANIZATIONS.

Program 2
Expenses: $333,007

EDVESTORS' MATHEMATICS PROGRAM (ALSO KNOWN AS ZEROING IN ON MATH) HAS A GOAL OF IMPROVING THE MATHEMATICS EDUCATIONAL EXPERIENCES AND OUTCOMES OF STUDENTS IN BOSTON PUBLIC SCHOOLS, WITH A SPECIFIC...

Read more

EDVESTORS' MATHEMATICS PROGRAM (ALSO KNOWN AS ZEROING IN ON MATH) HAS A GOAL OF IMPROVING THE MATHEMATICS EDUCATIONAL EXPERIENCES AND OUTCOMES OF STUDENTS IN BOSTON PUBLIC SCHOOLS, WITH A SPECIFIC AIM OF ADVANCING EQUITY IN MATHEMATICS. (CONTINUED ON SCHEDULE O)THROUGH THIS WORK, TEACHERS, STUDENTS, AND ADMINISTRATORS ARE ENGAGED TO ADVANCE TEACHING, LEARNING, AND CURRICULAR IMPROVEMENTS. OVER THE YEARS, RESULTS HAVE SHOWN THAT STUDENTS HAVE BENEFITED WITH INCREASED ASSESSMENT OUTCOMES AND TEACHERS HAVE REPORTED GREATER COMPETENCIES IN TEACHING MATHEMATICS. MOVING FORWARD, EDVESTORS WILL BUILD ON THESE ACCOMPLISHMENTS WHILE WORKING TOWARD SYSTEM-LEVEL IMPACT DRIVEN BY THE CONNECTEDNESS OF OUR SCHOOL-BASED WORK, DISTRICT-LEVEL PARTNERSHIPS, AND EXTERNAL COLLABORATIONS.

Program 3
Expenses: $1,828,447

CAREER PATHWAYS - AIMS TO INCREASE THE NUMBER OF BOSTON STUDENTS WHO PROGRESS THROUGH CAREER PATHWAYS THAT ARE ENGAGING AND RELEVANT, ADDRESS COMMUNITY NEEDS, AND PREPARE YOUNG PEOPLE TO ENTER...

Read more

CAREER PATHWAYS - AIMS TO INCREASE THE NUMBER OF BOSTON STUDENTS WHO PROGRESS THROUGH CAREER PATHWAYS THAT ARE ENGAGING AND RELEVANT, ADDRESS COMMUNITY NEEDS, AND PREPARE YOUNG PEOPLE TO ENTER MEANINGFUL CAREERS. THROUGH THE CAREER PATHWAYS INITIATIVE, EDVESTORS HELPS HIGH SCHOOLS AND THE DISTRICT TO PLAN AND PROVIDE QUALITY CAREER EDUCATION EXPERIENCES FOR MORE BOSTON STUDENTS, ENABLING THEM TO DEVELOP THE SKILLS NEEDED TO IDENTIFY, NAVIGATE TOWARDS, AND REALIZE THEIR COLLEGE AND CAREER READINESS GOALS. IN 2020, EDVESTORS PARTNERED WITH JPMORGAN CHASE ON A FIVE-YEAR, CROSS-SECTOR EFFORT TO IMPROVE SYSTEMS AND ELIMINATE STRUCTURAL BARRIERS TO MAKE QUALITY CAREER PATHWAYS ACCESSIBLE TO MORE STUDENTS IN BOSTON.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,439,846
Program Service Revenue $0
Investment Income $196,732
Other Revenue $0
TOTAL REVENUE $4,636,578

Expense Breakdown

Grants Paid $872,680
Salaries & Benefits $2,171,956
Fundraising Expenses $524,595
Program Expenses $5,207,333
Other Expenses $2,997,600
TOTAL EXPENSES $6,042,236

Year-over-Year Comparison

2023 2022 Change
Revenue $4,636,578 $7,126,706 -0.3%
Expenses $6,042,236 $5,831,581 +0.0%
Net Income $-1,405,658 $1,295,125 -2.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
14
Independent Members
14
Employees
30
Volunteers
82

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
8
$340,230
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MYRAN PARKER-BRASS BOARD CHAIR 1.00
Officer Director
$0 $0 $0
JENNIFER LARSON-JOYCE VICE CHAIR 1.00
Officer Director
$0 $0 $0
KATHERINE S MCHUGH CLERK 1.00
Officer Director
$0 $0 $0
DAVID SIMON TREASURER 1.00
Officer Director
$0 $0 $0
KATHERINE GROSS BOARD MEMBER 1.00
Officer Director
$0 $0 $0
FAITH PARKER BOARD MEMBER 1.00
Officer Director
$0 $0 $0
WILLIAM SCHAWBEL BOARD MEMBER (UNTIL 5/2024) 1.00
Director
$0 $0 $0
JEAN-PHILLIP BRIGNOL BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTINE LETTS BOARD MEMBER 1.00
Director
$0 $0 $0
DR MARIA LUISA PARRA-VELASCO BOARD MEMBER 1.00
Director
$0 $0 $0
BRANDON CARDET-HERNANDEZ BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT ZACCARDI BOARD MEMBER 1.00
Director
$0 $0 $0
MATTHEW LESNIAK BOARD MEMBER 1.00
Director
$0 $0 $0
ABRA FRANCOIS BOARD MEMBER 1.00
Director
$0 $0 $0
MELODIE KNOWLTON BOARD MEMBER (AS OF 5/2024) 1.00
Director
$0 $0 $0
MARINELL ROUSMANIERE PRESIDENT & CEO 40.00
Officer
$191,477 $31,177 $222,654
FRANCISCO MARRIOTT VP FINANCE & OPS. 40.00
Officer
$113,054 $4,522 $117,576
LAVONIA MONTOUTE SR. DIRECTOR CAREER PATHWAYS 40.00
Highest
$101,794 $12,378 $114,172
HEATHER JOHNSON VP PROGRAMS, STRATEGY & IMPACT 40.00
Highest
$139,962 $22,212 $162,174
RUTH MERCADO-ZIZZO VP PROGRAMS & EQUITY 40.00
Highest
$122,957 $26,990 $149,947
JUSTINE BEATON VP CHIEF OF STAFF 40.00
Highest
$110,138 $12,205 $122,343
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 $4,636,578 $6,042,236 $9,073,275 $-1,405,658
2023 $7,126,706 $5,831,581 $10,853,706 $1,295,125
2022 $6,626,116 $4,802,725 $7,547,722 $1,823,391
2021 $7,340,776 $4,696,293 $6,746,466 $2,644,483
2020 $2,030,282 $3,509,314 $3,399,411 $-1,479,032
2019 $3,874,712 $3,326,026 $4,363,476 $548,686
Explore More Nonprofits
Top 100 Nonprofits in Massachusetts Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare EDVESTORS INC with other nonprofits in Massachusetts and across the country.