EDUCATION FORWARD DC

EIN: 811823628 501(c)(3) Education

WASHINGTON, DC

Total Revenue
$21,929,078
Total Expenses
$10,010,181
Total Assets
$26,876,440
Net Assets
$26,254,413
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
DC
Principal Officer
ABIDEMI B OYEDELE
Phone
2028705259
Tax Period
2024-07-01 to 2025-06-30

EDUCATION FORWARD DC, founded in 2016, is a mid-sized nonprofit in the Education sector that reported $21.9M in total revenue in fiscal year 2024. Revenue surged 118% from the prior year, signaling strong growth momentum. The organization ran a surplus of $11.9M, a strong 54% operating margin.

Mission

EDUCATION FORWARD DC (ED FORWARD DC) WORKS TO MAKE SURE EVERY DC STUDENT THRIVES BY SUPPORTING AND ADVANCING HIGH-QUALITY AND EQUITABLE EDUCATIONAL EXPERIENCES.

Program Service Accomplishments

Program 1
Expenses: $8,611,203 Revenue: $10,564

EDUCATION FORWARD DC ACCELERATES INNOVATION AND IMPROVEMENT IN D.C.'S EDUCATION SYSTEM BY SUPPORTING A PORTFOLIO OF SCHOOLS DESIGNED TO SERVE AT-RISK AND SPECIAL EDUCATION STUDENTS WELL, HUMAN...

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EDUCATION FORWARD DC ACCELERATES INNOVATION AND IMPROVEMENT IN D.C.'S EDUCATION SYSTEM BY SUPPORTING A PORTFOLIO OF SCHOOLS DESIGNED TO SERVE AT-RISK AND SPECIAL EDUCATION STUDENTS WELL, HUMAN CAPITAL ORGANIZATIONS TO ENSURE THAT SCHOOLS HAVE GREAT TEACHERS AND LEADERS, AND ORGANIZATIONS CREATING AND SUSTAINING THE CONDITIONS UNDER WHICH GREAT SCHOOLS CAN OPEN AND GROW.

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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 $20,866,941
Program Service Revenue $0
Investment Income $1,051,573
Other Revenue $10,564
TOTAL REVENUE $21,929,078

Expense Breakdown

Grants Paid $5,982,609
Salaries & Benefits $2,959,740
Fundraising Expenses $818,437
Program Expenses $8,611,203
Other Expenses $1,067,832
TOTAL EXPENSES $10,010,181

Year-over-Year Comparison

2024 2023 Change
Revenue $21,929,078 $10,058,346 +1.2%
Expenses $10,010,181 $12,615,203 -0.2%
Net Income $11,918,897 $-2,556,857 -5.7%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
14
Independent Members
13
Employees
16
Volunteers
13

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
$352,936
Total Directors
14
$352,936
Key Employees
4
$957,009
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BISI OYEDELE CEO 40.00
Officer Director
$306,001 $46,935 $352,936
JOSH EDELMAN BOARD CHAIR 1.00
Officer Director
$0 $0 $0
ABIGAIL SMITH SECRETARY 1.00
Officer Director
$0 $0 $0
CLAUDIA LUJAN TREASURER 1.00
Officer Director
$0 $0 $0
DANE ANDERSON DIRECTOR 1.00
Director
$0 $0 $0
ADEMUYIWA BAMIDURO DIRECTOR 1.00
Director
$0 $0 $0
KEVIN BORGMANN DIRECTOR 1.00
Director
$0 $0 $0
PATRICK DOBARD DIRECTOR 1.00
Director
$0 $0 $0
CHRISTINA GRANT DIRECTOR 1.00
Director
$0 $0 $0
CHERYL HOLCOMB-MCCOY DIRECTOR 1.00
Director
$0 $0 $0
JEANIE LEE DIRECTOR 1.00
Director
$0 $0 $0
MARISA PARRELLA DIRECTOR 1.00
Director
$0 $0 $0
NICK RODRIGUEZ DIRECTOR 1.00
Director
$0 $0 $0
TIFFANY WILLIAMS DIRECTOR 1.00
Director
$0 $0 $0
MARGIE YEAGER MANAGING PARTNER 40.00
Key Emp
$248,085 $54,560 $302,645
ERIN SHEEHY PARTNER 40.00
Key Emp
$196,625 $8,210 $204,835
RASHIDA YOUNG PARTNER 40.00
Key Emp
$186,765 $41,318 $228,083
FONDA SUTTON PARTNER 40.00
Key Emp
$196,442 $25,004 $221,446
MICHAEL DELGADO SENIOR MANAGER 40.00
Highest
$129,302 $14,603 $143,905
MATT NOCELLA SENIOR MANAGER 40.00
Highest
$131,435 $15,276 $146,711
ALAINA SMITH SENIOR MANAGER 40.00
Highest
$125,311 $11,796 $137,107
ERIN GARRATT SENIOR MANAGER 40.00
Highest
$122,231 $17,193 $139,424
CAITLIN CAMPBELL-HAHN SENIOR MANAGER 40.00
Highest
$126,239 $14,876 $141,115
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 $21,929,078 $10,010,181 $26,876,440 $11,918,897
2024 $10,058,346 $12,615,203 $15,185,897 $-2,556,857
2023 $4,967,525 $14,774,190 $17,641,749 $-9,806,665
2022 $25,991,844 $13,348,935 $28,133,967 $12,642,909
2021 $11,794,669 $12,820,122 $16,282,669 $-1,025,453
2020 $17,004,848 $13,772,375 $16,411,389 $3,232,473
2019 $12,189,174 $11,388,914 $13,953,677 $800,260
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