Educare Now

EIN: 852984678 501(c)(3) Public & Societal Benefit

MINNEAPOLIS, MN

Total Revenue
$206,450
Total Expenses
$140,305
Total Assets
$116,512
Net Assets
$116,512
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
MN
Principal Officer
Lauren Lombard
Phone
2403837348
Tax Period
2024-01-01 to 2024-12-31

Educare Now, founded in 2020, is a small nonprofit in the Public & Societal Benefit sector that reported $206K in total revenue in fiscal year 2024. The organization ran a surplus of $66K, a strong 32% operating margin.

Mission

Mission: Educre equips individuals with the education skills and support they need to thrive empowering them to lead break the cycle of poverty and drive lasting change in their communities. Vision: Our vision is a world where every individual has the opportunity to thrive grow and live with dignity fostering sustainable progress and opportunity for all. Purpose: Transformation begins with relationship so we foster resilience through belonging empowering individuals to grow thrive and lead lasting change. We envision a world where Every child has access to education. Families dont have to choose between food and school. Communities have access to clean water sustainable food sources and economic opportunities. Hope replaces desperation and dignity replaces struggle. In 2025 we supported the sustainability and growth of an orphanage in Uganda & a robotics program in Haiti.

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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 $206,450
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $206,450

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $90,691
Other Expenses $140,305
TOTAL EXPENSES $140,305

Year-over-Year Comparison

2024 2023 Change
Revenue $206,450 N/A N/A
Expenses $140,305 N/A N/A
Net Income $66,145 N/A N/A
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

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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
7
Independent Members
5
Employees
N/A
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lauren Lombard Executive Director 0.00
Officer
$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 $206,450 $140,305 $116,512 $66,145
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