ED3 GALAXY

EIN: 881958940 501(c)(3) Education

NEW YORK, NY

Total Revenue
$266,626
Total Expenses
$176,635
Total Assets
$186,704
Net Assets
$186,704
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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
NY
Principal Officer
VRITI SARAF
Phone
6469262424
Tax Period
2023-01-01 to 2023-12-31

ED3 GALAXY, founded in 2022, is a small nonprofit in the Education sector that reported $267K in total revenue in fiscal year 2023. The organization ran a surplus of $90K, a strong 34% operating margin.

Mission

ED3 DAO AIMS TO UPSKILL 1 MILLION EDUCATORS IN EMERGING TECHNOLOGIES TO PROMOTE MORE EFFICACIOUS, ENGAGING, AND SUSTAINABLE TEACHING AND LEARNING PRACTICES. THE MAIN ACTIVITIES INCLUDE: 1) CREATING COURSES FOR EDUCATOR PROFESSIONAL DEVELOPMENT, 2) FACILITATING A COMMUNITY OF PRACTICE AND FREE WORKSHOPS FOR EDUCATORS, AND 3) RESEARCH AND DEVELOPMENT OF ALTERNATIVE LEARNING MODELS AND HOSTING THE ED3 SUMMIT TO SHARE LEARNINGS.

Program Service Accomplishments

Program 1
Expenses: $39,163 Revenue: $67

ED3 SUMMIT -WE HOST AN ANNUAL VIRTUAL SUMMIT IN A CUSTOM AVATAR-BASED ENVIRONMENT WHERE EDUCATORS CAN CHOOSE THEIR OWN LEARNING ADVENTURE AROUND EMERGING TECHNOLOGIES AND SHARE IDEAS WITH ONE...

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ED3 SUMMIT -WE HOST AN ANNUAL VIRTUAL SUMMIT IN A CUSTOM AVATAR-BASED ENVIRONMENT WHERE EDUCATORS CAN CHOOSE THEIR OWN LEARNING ADVENTURE AROUND EMERGING TECHNOLOGIES AND SHARE IDEAS WITH ONE ANOTHER. ALL PROGRAM EXPENSES IN 2023 WERE SPENT IN PREPARATION FOR THE 2024 SUMMIT, WHICH BROUGHT OVER 500 EDUCATORS INTO OUR UNIQUE VIRTUAL SPACE AND HOSTED OVER 50 SPEAKERS OVER THREE DAYS OF LEARNING.

Program 2
Expenses: $23,235 Revenue: $167,967

ED3 COURSES - ED3 COURSES ARE ONLINE, ASYNCHRONOUS COURSES FOR EDUCATORS ABOUT EMERGING TECHNOLOGIES. IN 2023, WE HELPED 1,750 EDUCATORS LEARN ABOUT EMERGING TECHNOLOGIES AND DISTRIBUTED 5,249...

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ED3 COURSES - ED3 COURSES ARE ONLINE, ASYNCHRONOUS COURSES FOR EDUCATORS ABOUT EMERGING TECHNOLOGIES. IN 2023, WE HELPED 1,750 EDUCATORS LEARN ABOUT EMERGING TECHNOLOGIES AND DISTRIBUTED 5,249 CONTINUING EDUCATION UNITS. THIS PROGRAM SERVES AS THE MAIN FACILITATOR OF OUR MISSION AND GENERATES REVENUE FOR THE NON-PROFIT'S SUSTAINABILITY.

Program 3
Expenses: $14,922 Revenue: $19,874

ED3 COMMUNITY AND EVENTS - WE HAVE FACILITATED OVER 100 FREE EVENTS IN 2023 THROUGH THIS PROGRAM AND SERVED OVER 5,000 EDUCATORS GLOBALLY IN LEARNING ABOUT EMERGING TECHNOLOGIES. OUR COMMUNITY OF...

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ED3 COMMUNITY AND EVENTS - WE HAVE FACILITATED OVER 100 FREE EVENTS IN 2023 THROUGH THIS PROGRAM AND SERVED OVER 5,000 EDUCATORS GLOBALLY IN LEARNING ABOUT EMERGING TECHNOLOGIES. OUR COMMUNITY OF PRACTICE ENGAGED OVER 1,200 EDUCATORS GLOBALLY, WHERE OVER 10,000 MESSAGES WERE EXCHANGED BETWEEN LEARNERS. WE'VE ALSO PROVIDED GRANTS FOR OUR COMMUNITY TO FACILITATE PEER-TO-PEER LEARNING EVENTS ACROSS THE WORLD AND HAVE SEEN EVENTS IN NIGERIA, AUSTRALIA, COLOMBIA, INDIA, JAMAICA, AND THE US.

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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 (2023)

Revenue Breakdown

Contributions & Grants $78,717
Program Service Revenue $187,909
Investment Income $0
Other Revenue $0
TOTAL REVENUE $266,626

Expense Breakdown

Grants Paid $2,400
Salaries & Benefits $30,006
Fundraising Expenses $0
Program Expenses $77,320
Other Expenses $144,229
TOTAL EXPENSES $176,635

Year-over-Year Comparison

2023 2022 Change
Revenue $266,626 $247,785 +0.1%
Expenses $176,635 $148,316 +0.2%
Net Income $89,991 $99,469 -0.1%
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
2
Independent Members
1
Employees
N/A
Volunteers
N/A

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
2
$30,006
Total Directors
2
$30,006
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL PECK VICE PRESIDENT 10
Officer Director
$30,006 $0 $30,006
VRITI SARAF PRESIDENT 30
Officer 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 No data No data No data No data
2023 $266,626 $176,635 $186,704 $89,991
2022 $247,785 $148,316 $96,713 $99,469
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