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STRADA EDUCATION FOUNDATION INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
STRADA EDUCATION FOUNDATION INC (EIN 47-3044430)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-17
IRS object ID
202533219349309508
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-17T11:43:35-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN861065772PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DELOITTE TAX LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11001 WOODWARD AVE SUITE 700AddressLine1Txt
CityDETROITCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48226ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN473044430EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1STRADA EDUCATION FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSTRABusinessNameControlTxt
Phone3178061200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110 WEST MARKET STREET SUITE 1100AddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46204ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSTEPHEN MORETPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone3178061200PhoneNum
Signature2025-11-17SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKRISTYN FORSTERPreparerPersonNm
PTINP01704059PTIN
Phone3133963000PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSTEPHEN MORETPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line110 WEST MARKET STREET SUITE 1100AddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46204ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$557,766,330GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.STRADA.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2015FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionSTRADA EDUCATION FOUNDATION, INC. ("STRADA") DEVELOPS AND SUPPORTS PROGRAMS, POLICIES, ANDActivityOrMissionDesc
Voting Members Governing Body15VotingMembersGoverningBodyCnt
Voting Members Independent14VotingMembersIndependentCnt
Total Employee1789TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$3,902,100TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$478,765NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$49,441,886PYContributionsGrantsAmt
CY Contributions Grants$14,671,218CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$37,612,860CYProgramServiceRevenueAmt
PY Investment Income$41,188,597PYInvestmentIncomeAmt
CY Investment Income$155,164,045CYInvestmentIncomeAmt
PY Other Revenue$641,872PYOtherRevenueAmt
CY Other Revenue$212,698CYOtherRevenueAmt
PY Total Revenue$91,272,355PYTotalRevenueAmt
CY Total Revenue$207,660,821CYTotalRevenueAmt
PY Grants And Similar Paid$26,012,347PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$27,652,991CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$34,047,098PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$92,698,459CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$4,223,074CYTotalFundraisingExpenseAmt
PY Other Expenses$41,067,264PYOtherExpensesAmt
CY Other Expenses$60,150,872CYOtherExpensesAmt
PY Total Expenses$101,126,709PYTotalExpensesAmt
CY Total Expenses$180,502,322CYTotalExpensesAmt
PY Revenues Less Expenses-$9,854,354PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$27,158,499CYRevenuesLessExpensesAmt
Total Assets BOY$2,098,503,918TotalAssetsBOYAmt
Total Assets EOY$1,837,044,236TotalAssetsEOYAmt
Total Liabilities BOY$56,138,058TotalLiabilitiesBOYAmt
Total Liabilities EOY$76,901,907TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,042,365,860NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,760,142,329NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSTRADA EDUCATION FOUNDATION, INC. ("STRADA") DEVELOPS AND SUPPORTS PROGRAMS, POLICIES, AND ORGANIZATIONS THAT STRENGTHEN CONNECTIONS BETWEEN EDUCATION AND OPPORTUNITY IN THE U.S., WITH A SPECIAL FOCUS ON HELPING THOSE WHO FACE THE GREATEST CHALLENGES SECURING OPPORTUNITY THROUGH POSTSECONDARY EDUCATION OR TRAINING. STRADA'S WORK IS GROUNDED IN FIVE FOCUS AREAS: CLEAR OUTCOMES, QUALITY COACHING, AFFORDABILITY, WORK-BASED LEARNING, AND EMPLOYER ALIGNMENT (THE "FOCUS AREAS").MissionDesc
Significant New Program SrvcYes (1)SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$32,348,144ExpenseAmt
Grant$27,652,991GrantAmt
Revenue$0RevenueAmt
DescCATALYTIC GRANTMAKING: THROUGH ITS GRANTMAKING, STRADA EDUCATION FOUNDATION, INC. ("STRADA") PROVIDES CATALYTIC FUNDING FOR NONPROFIT ORGANIZATIONS, POSTSECONDARY EDUCATION INSTITUTIONS, AND WORKFORCE AND SKILLS-BASED EDUCATIONAL PROVIDERS THAT ADVANCE THE ORGANIZATION'S FOCUS AREAS AND CHARITABLE MISSION. IN 2024, STRADA MADE OVER 90 GRANTS ACROSS VARIOUS PROGRAMS, INCLUDING THE HBCU INITIATIVE, A $25M, MULTI-YEAR SERIES OF GRANTS DESIGNED TO SUPPORT SCHOLARSHIP AND LEADERSHIP DEVELOPMENT PROGRAMS FOR 450 STUDENTS AT 48 HISTORICALLY BLACK COLLEGES AND UNIVERSITIES ACROSS THE COUNTRY.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$4,383,777ExpenseAmt
Grant$0GrantAmt
Revenue$16,000RevenueAmt
DescACTIONABLE RESEARCH: STRADA'S ACTIONABLE RESEARCH SEEKS TO PROVIDE THE PUBLIC AND INDUSTRY WITH INSIGHTS INTO WHAT LEARNERS NEED TO REALIZE THEIR CAREER GOALS AND WHAT EMPLOYERS NEED TO BUILD A ROBUST TALENT PIPELINE. IN 2024, STRADA LAUNCHED THE INAUGURAL STATE OPPORTUNITY INDEX, A PUBLICLY-AVAILABLE RESEARCH REPORT THAT HELPS STATES ASSESS HOW WELL THEY ARE CONNECTING EDUCATION TO OPPORTUNITY ACROSS ALL OF THE ORGANIZATION'S FOCUS AREAS. STRADA'S RESEARCH EFFORTS ALSO INCLUDE THE STRADA INSTITUTE FOR THE FUTURE OF WORK, A PROGRAM THAT DEVELOPS AND CONDUCTS RIGOROUS, FIELD-LEADING, PUBLICLY-AVAILABLE RESEARCH TO PROVIDE ACTIONABLE INSIGHTS ON HOW TO STRENGTHEN EDUCATIONAL PATHWAYS THAT LEAD TO ECONOMIC OPPORTUNITY FOR INDIVIDUALS AND RESPOND TO THE TALENT NEEDS OF EMPLOYERS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$10,332,423ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescPOLICY AND ADVOCACY SOLUTIONS: STRADA ENGAGES DIRECTLY WITH POLICYMAKERS AND OTHER GOVERNMENT LEADERS AT STATE AND FEDERAL LEVELS TO IDENTIFY AND ADVANCE NONPARTISAN, EVIDENCE-BASED POLICIES DESIGNED TO STRENGTHEN PATHWAYS TO OPPORTUNITY FOR ALL LEARNERS. IN 2024, STRADA RELEASED ITS FIRST-EVER PUBLIC POLICY AGENDA. GROUNDED IN THE ORGANIZATION'S FOCUS AREAS, THE AGENDA PROVIDES A HOLISTIC APPROACH TO IMPROVING POLICY SO THAT ALL LEARNERS HAVE THE OPPORTUNITIES AND SUPPORT THEY NEED TO COMPLETE AN EDUCATION PATHWAY AND SUCCEED IN A MEANINGFUL CAREER.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$44,324,552ExpenseAmt
Grant$0GrantAmt
Revenue$37,596,860RevenueAmt
DescSTRATEGIC INVESTMENTS: STRADA'S STRATEGIC INVESTMENTS PROGRAM MANAGES A PORTFOLIO OF MISSION-RELATED INVESTMENTS IN EARLY-STAGE COMPANIES AND FUND MANAGERS THAT DRIVE POSITIVE CHANGE IN THE EDUCATION-WORKFORCE SYSTEM AND ADVANCE THE ORGANIZATION'S CHARITABLE MISSION AND FOCUS AREAS.EDUCATION TO OPPORTUNITY PROGRAMS AND SERVICES THROUGH CREDLENS, LLC AND STRADA COLLABORATIVE, LLC.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$44,324,552TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$0TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$37,596,860TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$91,388,896TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document258IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee1789EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtYes (1)SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members15GoverningBodyVotingMembersCnt
Independent Voting Member14IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SARA LARCOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3178061200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110 W MARKET STREET SUITE 1100AddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46204ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (36 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
STEPHEN MORET
CEO & PRESIDENT40.000.00Yes (X)Yes (X)$1,353,225$0$153,749
MARLENE V COULIS
CHAIRMAN4.000.00Yes (X)$115,000$0$0
ERNEST J NEWBORN II
BOARD MEMBER2.000.00Yes (X)$97,000$0$0
GERARD J OLINGER
BOARD MEMBER2.000.00Yes (X)$97,000$0$0
MIRIAM W STROUSE
BOARD MEMBER2.000.00Yes (X)$97,000$0$0
NICOLE T JENKINS
BOARD MEMBER2.000.00Yes (X)$97,000$0$0
SUREEL A CHOKSI
BOARD MEMBER2.000.00Yes (X)$97,000$0$0
WADE T DYKE
BOARD MEMBER2.000.00Yes (X)$97,000$0$0
AMINTA H BREAUX
BOARD MEMBER2.000.00Yes (X)$85,000$0$0
ARDINE WILLIAMS
BOARD MEMBER2.000.00Yes (X)$85,000$0$0
ERIK I MORENO
BOARD MEMBER2.000.00Yes (X)$85,000$0$0
MICHAEL D KING
BOARD MEMBER2.000.00Yes (X)$85,000$0$0
RUBEN M FLORES
BOARD MEMBER2.000.00Yes (X)$85,000$0$0
SUSAN J ELLSPERMANN
BOARD MEMBER2.000.00Yes (X)$85,000$0$0
THOMAS B MANGAS
BOARD MEMBER2.000.00Yes (X)$85,000$0$0
RUTH WATKINS
PRESIDENT, POSTSECONDARY EDUCATION35.005.00Yes (X)$1,000,590$0$106,905
LARRY LUTZ
EVP, CORPORATE DEVELOPMENT39.001.00Yes (X)$673,733$0$82,485
RHONDA POWELL
EVP, GEN COUNSEL & CORP SECRETARY39.001.00Yes (X)$668,094$0$76,908
THOMAS DAWSON
PRESIDENT, STRADA COLLABORATIVE39.001.00Yes (X)$654,103$0$74,883
MICHAEL AUSTIN
EVP, CFO, TREASURER39.001.00Yes (X)$625,297$0$82,619
GABRIELLA GOMEZ
EVP, POLICY, ADVOCACY & COMMS40.000.00Yes (X)$569,186$0$31,522
ARISTIDE COLLINS JR
EVP, CAO & CHIEF OF STAFF40.000.00Yes (X)$514,605$0$43,953
BETH COBERT
PRES AFF & STRAT PSHPS (AS OF 11/24)40.000.00Yes (X)$219,354$0$640
JONATHAN FURR
SVP & CHIEF CLEAR OUTCOMES OFFICER40.000.00$544,734$0$68,468Yes (X)
LEONARD GURIN
SVP, CASH & INVESTMENTS40.000.00$473,300$0$59,504Yes (X)
THOMAS R ERTEL
SVP, CHIEF ACCOUNTING OFFICER40.000.00$488,745$0$40,692Yes (X)
MICHELE CHANG
SVP, CHIEF STRATEGY OFFICER40.000.00$456,270$0$69,832Yes (X)
HEATHER MCKAY
SVP, EMP ENGMT/ED SFW (AS OF 2/24)40.000.00$440,809$0$60,483Yes (X)
JUSTIN DRAEGER
SVP, AFFORDABILITY (AS OF 7/24)40.000.00$368,461$0$29,091Yes (X)
CRAIG ROBINSON
SVP, QUALITY COACHING (AS OF 7/24)40.000.00$298,895$0$37,503Yes (X)
LAURA LOVE
SVP, WRK-BASED LEARNING (AS OF 5/24)40.000.00$244,760$0$38,196Yes (X)
DAVID CLAYTON
SVP, RESEARCH40.000.00$557,423$0$70,263Yes (X)
JESSICA HINKLE
SVP, STRATEGIC INVESTMENTS40.000.00$499,859$0$68,027Yes (X)
MICHAEL MARRINER
PRESIDENT, ROADTRIP NATION40.000.00$479,461$0$38,909Yes (X)
TERRY E HOLLOWAY
SVP, CHIEF HUMAN RESOURCES OFFICER40.000.00$447,546$0$64,857Yes (X)
RUTH IDALENE BAUER
PRESIDENT, INSIDE TRACK40.000.00$451,217$0$27,848Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$13,321,667TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$1,327,337TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K197IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
TYTON PARTNERS CONSULTING LLC
75 FEDERAL ST SUITE 200BOSTONMA02110CONSULTING SERVICES$693,500
FREHARGUN LLC
15 NORWICH ROADWELLESLEYMA02481BRANDING & MARKETING SERVICES$360,216
ERNST & YOUNG LLP
PO BOX 640382PITTSBURGHPA152640382AUDIT SERVICES$327,000
LOEB & LOEB LLP
10100 SANTA MONICA BLVD SUITE 22LOS ANGELESCA90067LEGAL SERVICES$295,193
FADED JEANS TECHNOLOGY LLC
24731 BLACK WILLOW DRALDIEVA20105CYBERSECURITY SERVICES$286,280
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K15CntrctRcvdGreaterThan100KCnt
Government Grants$1,116,230GovernmentGrantsAmt
All Other Contributions$13,554,988AllOtherContributionsAmt
Total Contributions$14,671,218TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescEDUC. TO OPP. SERVICESDesc
Business611710BusinessCd
Total Revenue Column$37,612,860TotalRevenueColumnAmt
Related Or Exempt Func Income$37,612,860RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$37,612,860TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$34,403,132TotalRevenueColumnAmt
Unrelated Business Revenue$3,778,942UnrelatedBusinessRevenueAmt
Exclusion$30,624,190ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$9,702TotalRevenueColumnAmt
Exclusion$9,702ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$179,321RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$99,483RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$79,838RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$79,838TotalRevenueColumnAmt
Exclusion$79,838ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$470,766,939SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$350,006,026SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$120,760,913SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$120,760,913TotalRevenueColumnAmt
Exclusion$120,760,913ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
BUSINESS OPS. SUPPORT561499$63,797$0$63,797$0
EXECUTIVE SERVICES541610$59,361$0$59,361$0
FieldValueIRS element (for citing)
Other Revenue Total$123,158OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$207,660,821TotalRevenueColumnAmt
Related Or Exempt Func Income$37,612,860RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$3,902,100UnrelatedBusinessRevenueAmt
Exclusion$151,474,643ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$27,652,991TotalAmt
Program Services$27,652,991ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$11,943,593TotalAmt
Program Services$2,732,108ProgramServicesAmt
Management And General$9,211,485ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$63,210,350TotalAmt
Program Services$29,219,631ProgramServicesAmt
Management And General$30,926,791ManagementAndGeneralAmt
Fundraising$3,063,928FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$4,220,400TotalAmt
Program Services$1,608,499ProgramServicesAmt
Management And General$2,476,224ManagementAndGeneralAmt
Fundraising$135,677FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$7,862,769TotalAmt
Program Services$3,629,313ProgramServicesAmt
Management And General$4,157,117ManagementAndGeneralAmt
Fundraising$76,339FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$5,461,347TotalAmt
Program Services$3,292,398ProgramServicesAmt
Management And General$1,913,257ManagementAndGeneralAmt
Fundraising$255,692FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,204,226TotalAmt
Management And General$1,204,226ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$568,046TotalAmt
Management And General$568,046ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$16,955,524TotalAmt
Management And General$16,955,524ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$17,012,463TotalAmt
Program Services$9,539,375ProgramServicesAmt
Management And General$7,335,322ManagementAndGeneralAmt
Fundraising$137,766FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,185,702TotalAmt
Program Services$389,051ProgramServicesAmt
Management And General$1,794,736ManagementAndGeneralAmt
Fundraising$1,915FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$891,628TotalAmt
Program Services$563,948ProgramServicesAmt
Management And General$317,550ManagementAndGeneralAmt
Fundraising$10,130FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$6,646,497TotalAmt
Program Services$4,314,878ProgramServicesAmt
Management And General$2,263,075ManagementAndGeneralAmt
Fundraising$68,544FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$2,752,789TotalAmt
Program Services$1,634,068ProgramServicesAmt
Management And General$1,090,988ManagementAndGeneralAmt
Fundraising$27,733FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,557,490TotalAmt
Program Services$1,756,824ProgramServicesAmt
Management And General$1,549,531ManagementAndGeneralAmt
Fundraising$251,135FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$2,111,679TotalAmt
Program Services$1,239,487ProgramServicesAmt
Management And General$761,358ManagementAndGeneralAmt
Fundraising$110,834FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$4,818,442TotalAmt
Program Services$3,702,098ProgramServicesAmt
Management And General$1,033,303ManagementAndGeneralAmt
Fundraising$83,041FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$775,202TotalAmt
Program Services$274ProgramServicesAmt
Management And General$774,928ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
FEDERAL TAXES$312,406$0$312,406$0
MISCELLANEOUS EXPENSE$215,192$113,953$100,899$340
STATE TAXES$143,586$0$143,586$0

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$180,502,322TotalAmt
Program Services$91,388,896ProgramServicesAmt
Management And General$84,890,352ManagementAndGeneralAmt
Fundraising$4,223,074FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$45,455,840BOYAmt
EOY$46,268,263EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,542,961BOYAmt
EOY$23,363,621EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$672,400BOYAmt
EOY$672,400EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$483,376BOYAmt
EOY$2,081,248EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$13,787,651LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$7,658,121LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,321,606BOYAmt
EOY$6,129,530EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$338,490,295BOYAmt
EOY$271,319,663EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$1,638,192,109BOYAmt
EOY$1,392,084,181EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$58,010,454BOYAmt
EOY$64,360,454EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$9,771,054EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$12,334,877BOYAmt
EOY$20,993,822EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,098,503,918BOYAmt
EOY$1,837,044,236EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$23,343,848BOYAmt
EOY$27,754,571EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$20,302,337BOYAmt
EOY$21,136,136EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$16,000BOYAmt
EOY$4,724,351EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$222,444EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$12,475,873BOYAmt
EOY$23,064,405EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$56,138,058BOYAmt
EOY$76,901,907EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,042,365,860BOYAmt
EOY$1,760,142,329EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,042,365,860BOYAmt
EOY$1,760,142,329EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,098,503,918BOYAmt
EOY$1,837,044,236EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$27,158,499ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$43,251,429NetUnrlzdGainsLossesInvstAmt
Donated Services And Use Fclts$482,291DonatedServicesAndUseFcltsAmt
Other Changes In Net Assets-$353,115,750OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$250,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$49,441,886CurrentTaxYearMinus1YearAmt
Current Tax Year$14,671,218CurrentTaxYearAmt
Total$64,363,104TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$250,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$49,441,886CurrentTaxYearMinus1YearAmt
Current Tax Year$14,671,218CurrentTaxYearAmt
Total$64,363,104TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$64,363,104PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$15,675,127CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$13,478,201CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$36,037,129CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$40,908,214CurrentTaxYearMinus1YearAmt
Current Tax Year$34,592,155CurrentTaxYearAmt
Total$140,690,826TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$178,969CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$149,047CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$170,132CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$241,563CurrentTaxYearMinus1YearAmt
Current Tax Year$478,765CurrentTaxYearAmt
Total$1,218,476TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$609,802CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,856,540CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$382,820CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$456,757CurrentTaxYearMinus1YearAmt
Total$3,305,919TotalAmt
FieldValueIRS element (for citing)
Total Support$209,578,325TotalSupportAmt
Public Support CY1700.30710PublicSupportCY170Pct
Ten Pct Facts Crcmstncs Test CYYes (X)TenPctFactsCrcmstncsTestCYInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE A, PART II, SECTION B, LINE 10:EXPLANATION FOR OTHER INCOME: 2020 $112,000 - CONSUMER INSIGHTS REP. $495,982 - LOAN SCIENCE REVENUE $1,820 - ALL OTHER REVENUE $609,802 - TOTAL 2021 $138,000 - CONSUMER INSIGHTS REP. $1,718,540 - REIMB. FROM AFFILIATES $1,856,540 - TOTAL 2022 $382,505 - REIMB. FROM AFFILIATES $315 - ALL OTHER REVENUE $382,820 - TOTAL 2023 $456,757 - REIMB. FROM AFFILIATES $456,757 - TOTAL
SCHEDULE A, PART II, SECTION C, LINE 17A:STRADA EDUCATION FOUNDATION, INC. ("STRADA") QUALIFIES AS A PUBLICLY-SUPPORTED CHARITY BECAUSE IT MEETS THE 10 PERCENT PLUS FACTS AND CIRCUMSTANCES TEST UNDER TREAS. REG. 1.170A-9(F)(3) IN THE FOLLOWING RESPECTS: 1. TEN PERCENT SUPPORT LIMITATION. STRADA NORMALLY RECEIVES SUBSTANTIAL SUPPORT FROM A VARIETY OF PUBLIC SOURCES. FOR TAX YEAR 2024, STRADA'S PUBLIC SUPPORT PERCENTAGE IS 30.71 PERCENT, WELL ABOVE THE 10 PERCENT PUBLIC SUPPORT THRESHOLD. 2. BROAD BASED SOURCES OF SUPPORT. STRADA IS ORGANIZED AND OPERATED TO ATTRACT NEW AND ADDITIONAL SUPPORT ON AN ONGOING BASIS. STRADA (BOTH DIRECTLY AND THROUGH ITS DISREGARDED ENTITIES) MAINTAINS A CONTINUOUS AND BONA FIDE DEVELOPMENT PROGRAM AND CARRIES ON ACTIVITIES DESIGNED TO ATTRACT SUPPORT FROM FUNDERS THAT SHARE AN INTEREST IN THE ORGANIZATION'S EDUCATION AND WORKFORCE PRIORITIES. DURING TAX YEAR 2024, STRADA RECEIVED GRANTS AND CONTRIBUTIONS FROM A TOTAL OF 69 CONTRIBUTORS, INCLUDING INDIVIDUALS, PUBLIC CHARITIES, STATE AND FEDERAL GOVERNMENTAL UNITS, PRIVATE FOUNDATIONS, AND CORPORATIONS. 3. REPRESENTATIVE GOVERNING BODY. STRADA'S FIFTEEN MEMBER BOARD OF TRUSTEES IS REPRESENTATIVE OF BROAD INTERESTS OF THE PUBLIC AND THE PARTICULAR EXPERTISE REQUIRED TO ADVANCE STRADA'S CHARITABLE MISSION. THE BOARD IS COMPOSED OF LEADERS IN A VARIETY OF RELEVANT FIELDS, INCLUDING POSTSECONDARY EDUCATION (INCLUDING TWO UNIVERSITY PRESIDENTS AND THE DEAN OF A BUSINESS SCHOOL), WORKFORCE DEVELOPMENT, PRIVATE EQUITY, AND LAW. 4. PUBLIC SERVICES AND PARTICIPATION IN PROGRAMS OR POLICIES. STRADA'S ACTIVITIES AND PROGRAMS - INCLUDING GRANTMAKING AND CONVENINGS, RESEARCH, POLICY SOLUTIONS, AND AFFILIATE PROGRAMS - ARE OF DIRECT BENEFIT TO THE GENERAL PUBLIC. GRANTMAKING AND CONVENINGS - IN 2024, STRADA MADE OVER 90 GRANTS TO NONPROFIT ORGANIZATIONS, POSTSECONDARY EDUCATION INSTITUTIONS, AND WORKFORCE AND SKILLS-BASED EDUCATION PROVIDERS, INCLUDING A $25M, MULTI-YEAR SERIES OF GRANTS DESIGNED TO SUPPORT SCHOLARSHIP AND LEADERSHIP DEVELOPMENT PROGRAMS FOR 450 STUDENTS AT 48 HISTORICALLY BLACK COLLEGES AND UNIVERSITIES ACROSS THE COUNTRY. STRADA ALSO HOSTED A VARIETY OF STRATEGIC CONVENINGS, FACILITATING COLLABORATION ACROSS HIGHER EDUCATION, WORKFORCE DEVELOPMENT, PHILANTHROPY AND GOVERNMENT. RESEARCH - IN 2024, STRADA RELEASED FOUR RESEARCH REPORTS, INCLUDING THE INAUGURAL STATE OPPORTUNITY INDEX ("SOI"). THE SOI REPORT HELPS STATES ASSESS HOW WELL THEY ARE CONNECTING EDUCATION TO OPPORTUNITY ACROSS SEVERAL KEY METRICS. PREPARED IN CONJUNCTION WITH A WIDE VARIETY OF EXPERT ADVISORS ACROSS HIGHER EDUCATION, WORKFORCE DEVELOPMENT AND PHILANTHROPY, THE SOI FINDINGS WERE DISSEMINATED BROADLY THROUGH PRESENTATIONS, CONFERENCES, AND A VARIETY OF DIGITAL CHANNELS, AND THE REPORT IS AVAILABLE TO THE GENERAL PUBLIC ON STRADA'S WEBSITE. MORE BROADLY, IN 2024, STRADA'S RESEARCH REPORTS WERE PRESENTED AT 36 EVENTS IN 17 STATES AND THE DISTRICT OF COLUMBIA, AND ROUGHLY 68,118 UNIQUE USERS ACCESSED STRADA'S RESEARCH REPORTS THROUGH ITS WEBSITE. POLICY SOLUTIONS - IN 2024, STRADA RELEASED ITS FIRST-EVER PUBLIC POLICY AGENDA, WHICH PROVIDES A NON-PARTISAN, HOLISTIC APPROACH TO IMPROVING POLICY SO THAT ALL LEARNERS HAVE THE OPPORTUNITIES AND SUPPORT THEY NEED TO COMPLETE AN EDUCATION PATHWAY AND SUCCEED IN A MEANINGFUL CAREER. SIMILAR TO ITS RESEARCH REPORTS, STRADA'S POLICY SOLUTIONS ARE DISSEMINATED BROADLY AT EVENTS, THROUGH A VARIETY OF DIGITAL CHANNELS, AND ARE AVAILABLE ON ITS WEBSITE. AFFILIATE PROGRAMS - IN 2024, STRADA'S AFFILIATE PROGRAMS (OPERATED THROUGH DISREGARDED ENTITIES) FURTHERED THE FOLLOWING CHARITABLE PRIORITIES FOR THE DIRECT BENEFIT OF THE PUBLIC: (I) SUPPORTING NON-TRADITIONAL AND POST-TRADITIONAL ADULT LEARNERS; (II) CREATING CAREER EXPLORATION MEDIA RESOURCES FOR STUDENTS; (III) DRIVING WORK-BASED LEARNING OPPORTUNITIES; (IV) PROVIDING EDUCATIONAL AND CAREER SUPPORT TO STUDENTS THROUGH COACHES AND MENTORS; AND (V) ADVANCING NON-DEGREE CREDENTIALS THROUGH DATA-DRIVEN INSIGHTS ON OUTCOMES.

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Volunteers0VolunteersInd
Paid Staff Or Management0PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other OrganizationsYes (1)GrantsOtherOrganizationsInd
Grants Other Organizations$150,000GrantsOtherOrganizationsAmt
Direct Contact Legislators0DirectContactLegislatorsInd
Rallies Demonstrations0RalliesDemonstrationsInd
Other Activities0OtherActivitiesInd
Total Lobbying Expenditures$150,000TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II - B, LINE 1, LOBBYING ACTIVITIES:FormAndLineReferenceDesc
ExplanationGRANT TO CALIFORNIA COMPETES, A 501(C)(3) ORGANIZATION, TO SUPPORT CALIFORNIA COMPETES IN DEVELOPING AND IMPLEMENTING AN ADVOCACY STRATEGY AIMED AT ENHANCING CALIFORNIA'S WORKFORCE DATA SYSTEMS WITH A FOCUS ON IMPROVING THE UNEMPLOYMENT INSURANCE BASE WAGE FILE AND INTEGRATING STRADA'S TEN KEY DATA ELEMENTS INTO THE CRADLE-TO-CAREER (C2C) DATA SYSTEM. THESE IMPROVEMENTS ARE INTENDED TO STREAMLINE DATA COLLECTION, BETTER ASSESS THE CONNECTION BETWEEN EDUCATION AND WORKFORCE OUTCOMES, AND ENSURE ALL LEARNERS HAVE ACCESS TO OPPORTUNITY.ExplanationTxt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,852,862OtherCostOrOtherBasisAmt
Depreciation$1,392,100DepreciationAmt
Book Value$5,460,762BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,934,789OtherCostOrOtherBasisAmt
Depreciation$6,266,021DepreciationAmt
Book Value$668,768BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$6,129,530TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (7 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
FIXED INCOME: CORPORATE BONDS$61,752,070F
EQUITY SECURITIES$248,426,241F
DIRECT INVESTMENTS - EQUITY$77,375,695F
DIRECT INVESTMENTS - DEBT$21,229,537F
PRIVATE EQUITY FUNDS$677,131,783F
PRIVATE CREDIT FUNDS$73,128,112F
PRIVATE REAL ASSETS/ALTS/POOLED ACCTS$233,040,743F
FieldValueIRS element (for citing)
Total Book Value Securities$1,392,084,181TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DUE TO AFFILIATE$1,141,150
RIGHT OF USE LIABILITY - LEASES$21,923,255
FieldValueIRS element (for citing)
Total Liability$23,064,405TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationPER THE CONSOLIDATED FINANCIAL STATEMENTS OF STRADA EDUCATION FOUNDATION, INC., "THE COMPANY ACCOUNTS FOR UNCERTAINTIES IN INCOME TAXES ON A MORE-LIKELY-THAN-NOT CRITERION BASED ON THE POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THERE WERE NO UNCERTAINTIES THAT REQUIRE RECOGNITION OR DISCLOSURE AS OF DECEMBER 31, 2024 OR 2023."ExplanationTxt

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (5 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
EUROPE (INCLUDING ICELAND & GREENLAND)00INVESTMENTS$16,228,903
CENTRAL AMERICA AND THE CARIBBEAN00INVESTMENTS$17,597,200
NORTH AMERICA00INVESTMENTS$8,466,114
EAST ASIA AND THE PACIFIC00INVESTMENTS$5,864,148
MIDDLE EAST & NORTH AFRICA00INVESTMENTS$819,627
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$48,975,992SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$48,975,992TotalSpentAmt
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (1)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (1)ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (182 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2Txt
COPPIN STATE UNIVERSITY DEVELOPMENT FOUNDATION INC
2500 W NORTH AVEBALTIMOREMD212163633237127440501(C)(3)$5,500$0OPERATING GRANT
100 BLACK MEN OF INDIANAPOLIS INC
1500 EAST MICHIGAN STREET ROOM 8INDIANAPOLISIN46202351813852501(C)(3)$6,000$0OPERATING GRANT
COOPERATIVE FOR EDUCATION
2300 MONTANA AVE SUITE 401CINCINNATIOH45211311545464501(C)(3)$7,500$0OPERATING GRANT
INSTITUTE FOR DOCTORAL STUDIES IN THE VISUAL ARTS
63 FEDERAL STPORTLANDME04101204984268501(C)(3)$7,500$0OPERATING GRANT
URBAN ED INC
PO BOX 15398WASHINGTONDC20003522225018501(C)(3)$7,500$0OPERATING GRANT
CAL STATE EAST BAY EDUCATIONAL FOUNDATION
25800 CARLOS BEE BLVD SA 2750HAYWARDCA945423000946128893501(C)(3)$9,500$0OPERATING GRANT
CAPITAL AREA FOOD BANK INC
4900 PUERTO RICO AVE NEWASHINGTONDC20017521167581501(C)(3)$9,500$0OPERATING GRANT
AFFILIATED SANTE GROUP
12200 TECH RD STE 330SILVER SPRINGMD209041913521729566501(C)(3)$10,000$0OPERATING GRANT
BUTLER UNIVERSITY
4600 SUNSET AVENUEINDIANAPOLISIN46208350867977501(C)(3)$10,000$0OPERATING GRANT
TRUSTEES OF THE COLLEGE OF THE HOLY CROSS
1 COLLEGE STWORCESTERMA016102395042103558501(C)(3)$10,000$0OPERATING GRANT
CONTEMPORARY ART FOR SAN ANTONIO
116 BLUE STARSAN ANTONIOTX782041713742419615501(C)(3)$10,000$0OPERATING GRANT
PATRIOT SHOUTOUT INDIANA INC DBA FOLDS OF HONOR INDIANA
4000 W 106TH ST STE 125 PMB 347CARMELIN460327730462823616501(C)(3)$10,000$0OPERATING GRANT
LOYOLA MARYMOUNT UNIVERSITY
1 LMU DR STE 1880LOS ANGELESCA900452678951643334501(C)(3)$10,000$0OPERATING GRANT
THE SCHOLARSHIP FOUNDATION OF ST LOUIS
6825 CLAYTON AVENUE STE 100ST LOUISMO63139436031234501(C)(3)$10,000$0OPERATING GRANT
THE SCHOOL OF LEADERSHIP - AFGHANISTAN INC
75 STATE ST STE 100BOSTONMA02109800967564501(C)(3)$10,000$0OPERATING GRANT
UNIVERSITY OF CALIFORNIA LOS ANGELES
10920 WILSHIRE BLVD 900LOS ANGELESCA90095956006143SECTION 115$10,000$0OPERATING GRANT
UNIVERSITY OF MIAMI - MILLER SCHOOL OF MEDICINE
PO BOX 016960MIAMIFL33101590624458501(C)(3)$11,000$0OPERATING GRANT
DRAKE UNIVERSITY
2507 UNIVERSITY AVEDES MOINESIA50311420680460501(C)(3)$12,500$0OPERATING GRANT
HILLSDALE COLLEGE
33 EAST COLLEGE STHILLSDALEMI49242381374230501(C)(3)$12,500$0OPERATING GRANT
THE HOPE ACADEMY INC
3919 MADISON AVE STE 100INDIANAPOLISIN462271383842099551501(C)(3)$12,500$0OPERATING GRANT
BALL STATE UNIVERSITY FOUNDATION
2800 WEST BETHEL AVENUEMUNCIEIN47304356024566501(C)(3)$15,000$0OPERATING GRANT
BENEDICT COLLEGE
1600 HARDEN STCOLUMBIASC292041058570314365501(C)(3)$110,177$0OPERATING GRANT
BRYN MAWR COLLEGE
101 N MERION AVEBRYN MAWRPA190102859231352621501(C)(3)$15,000$0OPERATING GRANT
EMPOWER DANCE FOUNDATION
PO BOX 3352DURHAMNC27702821726612501(C)(3)$15,000$0OPERATING GRANT
EVANGEL UNIVERSITY
1111 N GLENSTONE AVESPRINGFIELDMO658022125440589787501(C)(3)$15,000$0OPERATING GRANT
FEEDING SOUTH DAKOTA
4701 N WESTPORT AVESIOUX FALLSSD571070123363293534501(C)(3)$15,000$0OPERATING GRANT
HERMOSA BEACH EDUCATION FOUNDATION
PO BOX 864HERMOSA BEACHCA902540864330522270501(C)(3)$15,000$0OPERATING GRANT
HISPANIC ASSOCIATION OF COLLEGES AND UNIVERSITIES
4801 NW LOOP 410 STE 701SAN ANTONIOTX782295344742466103501(C)(3)$15,000$0OPERATING GRANT
LATIN AMERICAN YOUTH CENTER INC
1419 COLUMBIA RD NWWASHINGTONDC200094705521023074501(C)(3)$15,000$0OPERATING GRANT
NORTHWOOD LOCAL EDUCATION ASSOCIATION
600 LEMOYNE RDNORTHWOODOH43619341448109501(C)(5)$15,000$0OPERATING GRANT
OBERLIN COLLEGE
173 W LORAIN STOBERLINOH440741092340714363501(C)(3)$15,000$0OPERATING GRANT
SPELMAN COLLEGE
350 SPELMAN LANE SW BOX 1551ATLANTAGA303144399580566243501(C)(3)$15,000$0OPERATING GRANT
THE CHILDREN'S HOSPITAL OF PHILADELPHIA FOUNDATION
3401 CIVIC CENTER BLVDPHILADELPHIAPA191044319232237932501(C)(3)$15,000$0OPERATING GRANT
UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL ARTS AND SCIENCES FOUNDATION
523 E FRANKLIN STCHAPEL HILLNC275143710561150509501(C)(3)$15,000$0OPERATING GRANT
YOUTH FOR TOMORROW - NEW LIFE CENTER INC
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JACKIE ROBINSON FOUNDATION INC
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UCLA FOUNDATION
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ALAMO COLLEGES FOUNDATION INC
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INDIANA UNIVERSITY FOUNDATION
PO BOX 500BLOOMINGTONIN474020500356018940501(C)(3)$25,000$0OPERATING GRANT
MANHATTAN BEACH EDUCATION FOUNDATION
325 S PECK AVEMANHATTAN BEACHCA902666946953881166501(C)(3)$25,000$0OPERATING GRANT
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BISHOP NOLL INSTITUTE FOUNDATION INC
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THE COLLEGE OF WILLIAM AND MARY
PO BOX 8795WILLIAMSBURGVA231878795546001718SECTION 115$50,000$0OPERATING GRANT
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KING'S COLLEGE
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1126 SOLOMON SOLOMAN BLATT BLVDDENMARKSC29042576002144SECTION 115$53,460$0OPERATING GRANT
DRAKE STATE TECHNICAL COLLEGE FOUNDATION INC
3421 MERIDIAN ST NHUNTSVILLEAL35811631002142501(C)(3)$53,460$0OPERATING GRANT
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1704 WEEKSVILLE RDELIZABETH CITYNC27909237115345501(C)(3)$110,177$0OPERATING GRANT
GRAMBLING STATE UNIVERSITY
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AMERICAN ASSOCIATION OF COLLEGIATE REGISTRARS AND ADMISSIONS OFFICERS
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THE FIELD SCHOOL INC
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PO BOX 43430OLYMPIAWA985043430455122913GOV'T ENTITY$75,000$0OPERATING GRANT
ALABAMA A&M UNIVERSITY
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LANE COLLEGE
545 LANE AVEJACKSONTN38301620570060501(C)(3)$110,177$0OPERATING GRANT
THE SHAW UNIVERSITY
118 E SOUTH STRALEIGHNC27601560530235501(C)(3)$110,176$0OPERATING GRANT
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500 W COUNTY LINE RDTOUGALOOMS39174640303093501(C)(3)$110,177$0OPERATING GRANT
WILBERFORCE UNIVERSITY
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ADVANCE ILLINOIS NFP
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MYFUTURENC INC
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OHIO EXCELS
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POSTSECONDARY NATIONAL POLICY INSTITUTE
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THE REGENTS OF THE UNIVERSITY OF CALIFORNIA IRVINE
160 ALDRICH HALLIRVINECA926977600952226406501(C)(3)$100,000$0OPERATING GRANT
SALT LAKE COMMUNITY COLLEGE
4600 SOUTH REDWOOD ROADSALT LAKE CITYUT84123876000448SECTION 115$100,000$0OPERATING GRANT
UNIVERSITY OF CALIFORNIA MERCED
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THE RHODE ISLAND COMMUNITY FOUNDATION
80 WASHINGTON STREET 2ND FLOORPROVIDENCERI02903222604963501(C)(3)$100,000$0OPERATING GRANT
UNIVERSITY OF TEXAS AT EL PASO
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1000 ASU DRLORMANMS39096646000013SECTION 115$183,628$0OPERATING GRANT
CENTRAL STATE UNIVERSITY
1400 BRUSH ROW RDWILBERFORCEOH45384310675386SECTION 115$110,177$0OPERATING GRANT
FAYETTEVILLE STATE UNIVERSITY
1200 MURCHISON RDFAYETTEVILLENC28301581238736SECTION 115$110,177$0OPERATING GRANT
PHILANDER SMITH COLLEGE
900 W DAISY L GATSON BATES DRLITTLE ROCKAR72202710239729501(C)(3)$110,177$0OPERATING GRANT
VIRGINIA UNION UNIVERSITY
1500 N LOMBARDY STRICHMONDVA23220540524516501(C)(3)$110,177$0OPERATING GRANT
ALABAMA STATE UNIVERSITY
915 S JACKSON STMONTGOMERYAL36104636007745SECTION 115$110,177$0OPERATING GRANT
BENNETT COLLEGE
900 E WASHINGTON STGREENSBORONC27401560532296501(C)(3)$110,177$0OPERATING GRANT
CHICAGO STATE UNIVERSITY
9501 S KING DRCHICAGOIL60628362580815SECTION 115$73,451$0OPERATING GRANT
FLORIDA A&M UNIVERSITY
1601 S MARTIN LUTHER KING JR BLVDTALLAHASSEEFL32307590977035SECTION 115$110,177$0OPERATING GRANT
FORT VALLEY STATE UNIVERSITY
1005 STATE UNIVERSITY DRFORT VALLEYGA31030586002062SECTION 115$146,902$0OPERATING GRANT
HARRIS-STOWE STATE UNIVERSITY
3026 LACLEDE AVEST LOUISMO63103431166917SECTION 115$110,176$0OPERATING GRANT
MISSISSIPPI VALLEY STATE UNIVERSITY
14000 US-82 WITTA BENAMS38941646001395SECTION 115$110,177$0OPERATING GRANT
CYBERGRANTS SVP LLC
300 BRICKSTONE SQUAREANDOVERMA01810043500015$124,173$0OPERATING GRANT
CREDENTIAL ENGINE INC
2021 L STREET NW SUITE 101-342WASHINGTONDC20036813389623501(C)(3)$125,000$0OPERATING GRANT
RUTGERS THE STATE UNIVERSITY OF NJ
3 RUTGERS PLAZANEW BRUNSWICKNJ08901226001086SECTION 115$125,000$0OPERATING GRANT
THE CENTURY FOUNDATION INC
1 WHITEHALL STREET 15TH FLOORNEW YORKNY10004131624235501(C)(3)$125,000$0OPERATING GRANT
ALBANY STATE UNIVERSITY
504 COLLEGE DRALBANYGA31705586001996SECTION 115$110,177$0OPERATING GRANT
BOWIE STATE UNIVERSITY
14000 JERICHO PARK RDBOWIEMD20715520952758SECTION 115$110,177$0OPERATING GRANT
CLAFLIN UNIVERSITY
400 MAGNOLIA STORANGEBURGSC29115570314374501(C)(3)$110,177$0OPERATING GRANT
DELAWARE STATE UNIVERSITY
1200 N DUPONT HWYDOVERDE19901510305893501(C)(3)$110,177$0OPERATING GRANT
PAUL QUINN COLLEGE
3837 SIMPSON STUART RDDALLASTX75241741238438501(C)(3)$110,177$0OPERATING GRANT
TEXAS SOUTHERN UNIVERSITY FOUNDATION
3100 CLEBURNE STHOUSTONTX77004741620415SECTION 115$110,177$0OPERATING GRANT
UNIVERSITY OF ARKANSAS AT PINE BLUFF
1200 UNIVERSITY DRPINE BLUFFAR71601716010030SECTION 115$110,177$0OPERATING GRANT
VIRGINIA STATE UNIVERSITY
1 HAYDEN DRIVEPETERSBURGVA23806546001811SECTION 115$110,177$0OPERATING GRANT
ASSOCIATION OF PUBLIC AND LAND-GRANT UNIVERSITIES
1220 L STREET NW SUITE 1000WASHINGTONDC20005530183246501(C)(3)$150,000$0OPERATING GRANT
CALIFORNIA COMPETES
1999 HARRISON ST SUITE 1900OAKLANDCA94612882393598501(C)(3)$150,000$0OPERATING GRANT
COLORADO SUCCEEDS
730 17TH STREET 950DENVERCO80202753221270501(C)(3)$150,000$0OPERATING GRANT
HAWAIIKIDSCAN
PO BOX 450KAILUAHI96734273069592501(C)(3)$150,000$0OPERATING GRANT
NATIONAL GOVERNORS ASSOCIATION CENTER FOR BEST PRACTICES
444 NORTH CAPITOL STREET NW SUITEWASHINGTONDC20001237391796501(C)(3)$150,000$0OPERATING GRANT267
NATIONAL TALENT COLLABORATIVE
668 N COAST HWY 319LAGUNA BEACHCA92651934395768501(C)(3)$150,000$0OPERATING GRANT
PURDUE UNIVERSITY GLOBAL INC
2550 NORTHWESTERN AVENUE STE 1100WEST LAFAYETTEIN47906821319401501(C)(3)$150,000$0OPERATING GRANT
RODEL CHARITABLE FOUNDATION DE
100 W 10TH STREET SUITE 704WILMINGTONDE19801911944585501(C)(3)$150,000$0OPERATING GRANT
STATE UNIVERSITY OF NEW YORK
34 CORNELL DRCANTONNY13617141368361SECTION 115$150,000$0OPERATING GRANT
THE INSTITUTE FOR COLLEGE ACCESS AND SUCCESS
1300 CLAY ST STE 1020OAKLANDCA94612201368860501(C)(3)$165,000$0OPERATING GRANT
AMERICAN ASSOCIATION OF STATE COLLEGES AND UNIVERSITIES
1717 RHODE ISLAND AVE NW SUITE 700WASHINGTONDC20036520747578501(C)(3)$200,000$0OPERATING GRANT
APPRENTICESHIPS FOR AMERICA INC
601 PENNSYLVANIA AVENUE NW SOUTHWASHINGTONDC20004872326163501(C)(3)$200,000$0OPERATING GRANTBUILDING SUITE 900
BUSINESS-HIGHER EDUCATION FORUM
1 DUPONT CIRCLE SUITE 360WASHINGTONDC20036341986692501(C)(3)$200,000$0OPERATING GRANT
COMMUNITIES FOUNDATION OF TEXAS INC
5500 CARUTH HAVEN LANEDALLASTX75225750964565501(C)(3)$200,000$0OPERATING GRANT
INDIANAPOLIS PRIVATE INDUSTRY COUNCIL INC EMPLOYINDY
101 W WASHINGTON ST 1200INDIANAPOLISIN46204351569069501(C)(3)$200,000$0OPERATING GRANT
INSTITUTE FOR WORKFORCE EXCELLENCE INC
115 W WASHINGTON STREET SUITE 850SINDIANAPOLISIN46204300279390501(C)(3)$200,000$0OPERATING GRANT
STATE HIGHER EDUCATION EXECUTIVE OFFICERS ASSOCIATION
3035 CENTER GREEN DR STE 100BOULDERCO80301237167258501(C)(3)$200,000$0OPERATING GRANT
SURRY COMMUNITY COLLEGE
630 SOUTH MAIN STREETDOBSONNC27017560841532SECTION 115$200,000$0OPERATING GRANT
TENNESSEE STATE COLLABORATIVE ON REFORMING EDUCATION
1801 WEST END AVENUE SUITE 300NASHVILLETN37203263670335501(C)(3)$200,000$0OPERATING GRANT
THE ASPEN INSTITUTE INC
2300 N STREET NW SUITE 700WASHINGTONDC20037840399006501(C)(3)$230,000$0OPERATING GRANT
GLOBAL IMPACT
2300 N ST NW STE 501AWASHINGTONDC20037521273585501(C)(3)$250,000$0OPERATING GRANT
NATIONAL COLLEGE ATTAINMENT NETWORK
800 17TH ST NW SUITE 630WASHINGTONDC20006311793562501(C)(3)$250,000$0OPERATING GRANT
TEACHERS COLLEGE COLUMBIA UNIVERSITY
525 W 120TH STREET SUITE 127NEW YORKNY10027131624202501(C)(3)$250,000$0OPERATING GRANT
VIRGINIA DEPARTMENT OF WORKFORCE DEVELOPMENT AND ADVANCEMENT
2221 EDWARD HOLLAND DR SUITE 500RICHMONDVA232302518931373280GOV'T ENTITY$250,000$0OPERATING GRANT
WORKCRED INC
1899 L STREET NW 11TH FLOORWASHINGTONDC20036471467778501(C)(3)$250,000$0OPERATING GRANT
DATA QUALITY CAMPAIGN INC
PO BOX 65858WASHINGTONDC20035274566795501(C)(3)$275,000$0OPERATING GRANT
UNIVERSITY OF IOWA STRATEGIC INITIATIVES FUND
5 W JEFFERSON ST 105IOWA CITYIA522420000844628214501(C)(3)$291,870$0OPERATING GRANT
GEORGIA STATE UNIVERSITY RESEARCH FOUNDATION INC
PO BOX 3999ATLANTAGA303023999581845423501(C)(3)$299,000$0OPERATING GRANT
PRAIRIE VIEW A&M UNIVERSITY
100 UNIVERSITY DRIVEPRAIRIE VIEWTX77446746001078SECTION 115$299,000$0OPERATING GRANT
UNIVERSITY OF WASHINGTON FOUNDATION
4333 BROOKLYN AVE NE BOX 359472SEATTLEWA981959472916001537501(C)(3)$299,086$0OPERATING GRANT
UNIVERSITY OF CENTRAL FLORIDA FOUNDATION INC
12424 RESEARCH PARKWAY SUITE 140ORLANDOFL32826596211832501(C)(3)$299,930$0OPERATING GRANT
NORTHERN ARIZONA UNIVERSITY
620 S KNOLES ROOM 220FLAGSTAFFAZ86011742579628SECTION 115$299,979$0OPERATING GRANT
AMERICAN UNIVERSITY
4400 MASSACHUSETTS AVE NWWASHINGTONDC20016530196549501(C)(3)$300,000$0OPERATING GRANT
ATHENS STATE UNIVERSITY
300 N BEATY STATHENSAL356111902630701340SECTION 115$300,000$0OPERATING GRANT
EDUCATION TRUST INC
580 2ND STREET SUITE 200OAKLANDCA94607521982223GOV'T ENTITY$300,000$0OPERATING GRANT
MORGAN STATE UNIVERSITY FOUNDATION INC
1700 EAST COLD SPRING LANEBALTIMOREMD21251237089143501(C)(3)$300,000$0OPERATING GRANT
SAN DIEGO STATE UNIVERSITY FOUNDATION
5250 CAMPANILE DRIVESAN DIEGOCA92182956042721501(C)(3)$300,000$0OPERATING GRANT
NATIONAL ASSOCIATION FOR COLLEGE ADMISSION COUNSELING INC
1050 N HIGHLAND STREET STE 400ARLINGTONVA22201261909449501(C)(3)$350,000$0OPERATING GRANT
WASHINGTON MONTHLY INSTITUTE
1800 M ST NW FRONT 1 UNIT 33059WASHINGTONDC20036800434806501(C)(3)$350,000$0OPERATING GRANT
JUST CAPITAL FOUNDATION INC
44 E 30TH STREET SUITE 11NEW YORKNY10016364764467501(C)(3)$354,000$0OPERATING GRANT
NEW ENGLAND BOARD OF HIGHER EDUCATION
45 TEMPLE PLBOSTONMA02111042207418501(C)(3)$370,000$0OPERATING GRANT
UNIVERSITY OF UTAH
201 PRESIDENTS CIRCLE PARK BUILDINGSALT LAKE CITYUT84112876000525SECTION 115$380,687$0OPERATING GRANTRM 159
MARYLAND DEPARTMENT OF SERVICE AND CIVIC INNOVATION
45 CALVERT STANNAPOLISMD21401526002033GOV'T ENTITY$400,000$0OPERATING GRANT
THE RAND CORPORATION
1776 MAIN STREETSANTA MONICACA90401951958142501(C)(3)$406,537$0OPERATING GRANT
THE INSTITUTE FOR HIGHER EDUCATION POLICY
1615 L ST NW SUITE 310WASHINGTONDC20036521818907501(C)(3)$410,000$0OPERATING GRANT
COLLEGE IN HIGH SCHOOL ALLIANCE
800 MAINE AVE SW SUITE 200WASHINGTONDC20024161609101501(C)(3)$450,000$0OPERATING GRANT
NATIONAL INSTITUTE FOR STUDENT SUCCESS
ONE PARK PLACE SUITE 533ATLANTAGA30303586033185501(C)(3)$477,500$0OPERATING GRANT
EDUCATION DESIGN LAB
1200 18TH STREET NW 710WASHINGTONDC20036464248042501(C)(3)$481,039$0OPERATING GRANT
US CHAMBER OF COMMERCE FOUNDATION
1615 H STREET NWWASHINGTONDC20062461561597501(C)(3)$490,000$0OPERATING GRANT
NEW AMERICA FOUNDATION
740 15TH ST NW 900WASHINGTONDC20005522096845501(C)(3)$500,000$0OPERATING GRANT
ROCKEFELLER PHILANTHROPY ADVISORS INC
120 BROADWAY SUITE 3475NEW YORKNY10271133615533501(C)(3)$500,000$0OPERATING GRANT
ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY
PO BOX 2260TEMPEAZ852802260866051042501(C)(3)$656,612$0OPERATING GRANT
CHARITIES AID FOUNDATION AMERICA
225 REINEKERS LN STE 375ALEXANDRIAVA22314431634280501(C)(3)$1,106,531$0OPERATING GRANT
NATIONAL STUDENT CLEARINGHOUSE
2300 DULLES STATION BLVD 220HERNDONVA20171521836384501(C)(4)$1,250,000$0PROGRAMMATIC GRANT
TEXAS HIGHER EDUCATION FOUNDATION
1200 E ANDERSON LNAUSTINTX78752743017895501(C)(3)$1,300,000$0OPERATING GRANT
FieldValueIRS element (for citing)
Total501c3 Org179Total501c3OrgCnt
Total Other Org3TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationSTRADA EDUCATION FOUNDATION, INC.'S ("STRADA") GRANTMAKING IS LIMITED TO THE 50 U.S. STATES AND THE DISTRICT OF COLUMBIA. ALL POTENTIAL GRANTEES ARE EVALUATED THROUGH A MULTI-FACTOR DUE DILIGENCE PROCESS DESIGNED TO ENSURE A POTENTIAL GRANTEE'S (I) TAX-EXEMPT STATUS AND GOOD STANDING WITH THE IRS AND (II) FINANCIAL AND OPERATIONAL CAPACITY TO EXECUTE ON ITS EXEMPT PURPOSES IN FURTHERANCE OF STRADA'S MISSION. STRADA LEVERAGES BOTH GENERAL OPERATING GRANTS AND PROGRAMMATIC GRANTS, WITH BOTH TYPES OF GRANTS SUBJECT TO A WRITTEN GRANT AGREEMENT. STRADA PROVIDES GENERAL OPERATING GRANTS ONLY TO THOSE CODE SECTION 501(C)(3) PUBLIC CHARITIES AND GOVERNMENTAL ENTITIES THAT ARE TIGHTLY ALIGNED WITH STRADA'S MISSION AND HAVE A DEMONSTRATED HISTORY OF CHARITABLE IMPACT AND STRONG TAX-EXEMPT COMPLIANCE. FOR PROGRAMMATIC GRANTS, STRADA RESTRICTS GRANT DOLLARS TO A PARTICULAR CHARITABLE PROGRAM AND MONITORS THE USE OF THE GRANT FUNDS BY REQUIRING THE GRANTEE TO SEND IN INTERIM AND FINAL ACCOUNTING REPORTS DESCRIBING HOW THE FUNDS WERE USED. THESE REPORTS INCLUDE ACTUAL EXPENSES COMPARED TO THE GRANTEE'S ORIGINALLY SUBMITTED PROGRAM BUDGET. IN ADDITION, FROM TIME TO TIME PROGRAM OFFICERS PERFORM GRANTEE SITE VISITS OR ATTEND GRANTEE EVENTS FUNDED BY STRADA'S GRANTS. ANY PROGRAMMATIC GRANTS MADE TO ENTITIES OTHER THAN PUBLIC CHARITIES ARE SUBJECT TO A SERIES OF RESTRICTIONS, MONITORING, AND REPORTING TERMS THAT ALIGN WITH THE PRIVATE FOUNDATION EXPENDITURE RESPONSIBILITY RULES.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (22 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
STEPHEN MORET
CEO & PRESIDENT$619,922$0$484,277$0$249,026$0$110,063$0$43,686$0$1,506,974$0$0$0
RUTH WATKINS
PRESIDENT, POSTSECONDARY EDUCATION$652,472$0$296,784$0$51,334$0$72,479$0$34,426$0$1,107,495$0$22,443$0
LARRY LUTZ
EVP, CORPORATE DEVELOPMENT$434,603$0$175,840$0$63,290$0$38,799$0$43,686$0$756,218$0$14,836$0
RHONDA POWELL
EVP, GEN COUNSEL & CORP SECRETARY$450,638$0$189,833$0$27,623$0$42,340$0$34,568$0$745,002$0$0$0
THOMAS DAWSON
PRESIDENT, STRADA COLLABORATIVE$357,667$0$169,444$0$126,992$0$31,197$0$43,686$0$728,986$0$24,532$0
MICHAEL AUSTIN
EVP, CFO, TREASURER$429,342$0$159,161$0$36,794$0$37,006$0$45,613$0$707,916$0$6,648$0
DAVID CLAYTON
SVP, RESEARCH$358,660$0$164,761$0$34,002$0$29,777$0$40,486$0$627,686$0$7,807$0
JONATHAN FURR
SVP & CHIEF CLEAR OUTCOMES OFFICER$358,701$0$152,846$0$33,187$0$28,950$0$39,518$0$613,202$0$0$0
GABRIELLA GOMEZ
EVP, POLICY, ADVOCACY & COMMS$442,981$0$102,242$0$23,963$0$31,522$0$0$0$600,708$0$0$0
JESSICA HINKLE
SVP, STRATEGIC INVESTMENTS$337,851$0$128,013$0$33,995$0$24,341$0$43,686$0$567,886$0$7,711$0
ARISTIDE COLLINS JR
EVP, CAO & CHIEF OF STAFF$434,465$0$55,473$0$24,667$0$26,486$0$17,467$0$558,558$0$0$0
LEONARD GURIN
SVP, CASH & INVESTMENTS$318,238$0$121,714$0$33,348$0$22,012$0$37,492$0$532,804$0$5,452$0
THOMAS R ERTEL
SVP, CHIEF ACCOUNTING OFFICER$332,332$0$124,994$0$31,419$0$23,225$0$17,467$0$529,437$0$5,215$0
MICHELE CHANG
SVP, CHIEF STRATEGY OFFICER$309,536$0$119,372$0$27,362$0$21,146$0$48,686$0$526,102$0$0$0
MICHAEL MARRINER
PRESIDENT, ROADTRIP NATION$272,546$0$180,249$0$26,666$0$13,800$0$25,109$0$518,370$0$0$0
TERRY E HOLLOWAY
SVP, CHIEF HUMAN RESOURCES OFFICER$302,099$0$117,700$0$27,747$0$20,039$0$44,818$0$512,403$0$283$0
HEATHER MCKAY
SVP, EMP ENGMT/ED SFW (AS OF 2/24)$299,454$0$118,000$0$23,355$0$19,688$0$40,795$0$501,292$0$0$0
RUTH IDALENE BAUER
PRESIDENT, INSIDE TRACK$278,433$0$152,145$0$20,639$0$13,800$0$14,048$0$479,065$0$0$0
JUSTIN DRAEGER
SVP, AFFORDABILITY (AS OF 7/24)$180,289$0$161,581$0$26,591$0$7,171$0$21,920$0$397,552$0$0$0
CRAIG ROBINSON
SVP, QUALITY COACHING (AS OF 7/24)$168,926$0$110,000$0$19,969$0$11,515$0$25,988$0$336,398$0$0$0
LAURA LOVE
SVP, WRK-BASED LEARNING (AS OF 5/24)$200,320$0$30,000$0$14,440$0$9,450$0$28,746$0$282,956$0$0$0
BETH COBERT
PRES AFF & STRAT PSHPS (AS OF 11/24)$81,437$0$125,000$0$12,917$0$0$0$640$0$219,994$0$0$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1A1. FIRST CLASS TRAVEL - FIRST CLASS TRAVEL IS APPROVED FOR ALL TRUSTEES IF THE FLIGHT IS MORE THAN 2 HOURS IN DURATION OR IF A MEDICAL CONDITION EXISTS WHICH REQUIRES THE NEED FOR AN UPGRADE. THIS NON-TAXABLE BUSINESS EXPENSE IS NOT TREATED AS ADDITIONAL TAXABLE COMPENSATION TO THE TRUSTEE. DURING 2024, NINE TRUSTEES TRAVELED ONE OR MORE TIMES AS A FIRST CLASS PASSENGER. FIRST CLASS TRAVEL IS APPROVED FOR EMPLOYEES, AT THE DISCRETION OF THE CEO, TYPICALLY WHEN A MEDICAL CONDITION EXISTS WHICH REQUIRES THE NEED FOR AN UPGRADE. DURING 2024, ONE OFFICER TRAVELED AS A FIRST CLASS PASSENGER DUE TO MEDICAL REASONS. 2. HEALTH OR SOCIAL CLUB DUES - STRADA EDUCATION FOUNDATION, INC. REIMBURSES ALL FULL TIME EMPLOYEES INCLUDING OFFICERS UP TO A MAXIMUM OF $250 PER CALENDAR YEAR FOR THE COST OF (I) EXERCISE EQUIPMENT PURCHASED DURING THE APPLICABLE CALENDAR YEAR AND/OR (II) A HEALTH OR FITNESS CLUB MEMBERSHIP. ALL REIMBURSEMENTS ARE CONSIDERED TAXABLE INCOME TO THE EMPLOYEE. DURING 2024, SIX OFFICERS, EIGHT KEY EMPLOYEES, AND THREE HIGHEST COMPENSATED EMPLOYEES RECEIVED REIMBURSEMENT FOR HEALTH OR SOCIAL CLUB DUES.
PART I, LINE 4B:ELIGIBLE EMPLOYEES PARTICIPATE IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN UNDER CODE SECTION 457(F). ANY AMOUNTS ULTIMATELY PAID UNDER THE PLAN TO AN ELIGIBLE EMPLOYEE IS REPORTED AS COMPENSATION ON FORM 990, SCHEDULE J, PART II, COLUMN B IN THE YEAR PAID. PAYMENTS UNDER THE 457(F) PLAN WERE MADE DURING CALENDAR YEAR 2024 TO THE FOLLOWING LISTED PERSONS IN PART VII: MICHAEL AUSTIN - $6,648 DAVID CLAYTON - $7,807 THOMAS DAWSON - $24,532 THOMAS R. ERTEL - $5,215 LEONARD GURIN - $5,452 TERRY E. HOLLOWAY - $283 JESSICA HINKLE - $7,711 LARRY LUTZ - $14,836 RUTH WATKINS - $22,443
PART I, LINE 7:ALL OFFICERS AND ALL EMPLOYEES OF THE COMPANY PARTICIPATE IN THE "EMPLOYEE INCENTIVE PLAN." ANNUAL PAYMENTS ARE BASED ON OVERALL CORPORATE PERFORMANCE IN THE ACCOMPLISHMENT OF THE CORPORATE OBJECTIVES, AS EVALUATED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES, AND INDIVIDUAL PERFORMANCE. THE AMOUNT OF THE PAYMENT IS A PERCENTAGE OF ANNUAL SALARY, VARYING BY THE SALARY GRADE OF THE INDIVIDUAL POSITION.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
IMPACT OF CORPORATE RESTRUCTURING:EFFECTIVE 12/31/2023 STRADA COLLABORATIVE, INC. MERGED INTO STRADA COLLABORATIVE, LLC. THE LATTER IS A FEDERAL DISREGARDED ENTITY OF STRADA EDUCATION FOUNDATION, INC. THE LARGE INCREASE IN REPORTED COMPENSATION, STAFFING, AND RELATED EXPENSES IN THIS FORM 990 FOR 2024 COMPARED TO 2023 REFLECTS THE COMBINATION OF THE EMPLOYEES AND ACTIVITIES OF THE PREDECESSOR ORGANIZATION, NOT NEW OR EXPANDED EXECUTIVE COMPENSATION (OTHER THAN NORMAL ANNUAL MERIT INCREASES). SPECIFICALLY, STRADA EDUCATION FOUNDATION, INC.'S 2024 SALARIES AND OTHER COMPENSATION REFLECT 1,789 EMPLOYEES, COMPARED TO ABOUT 153 EMPLOYEES IN 2023.
FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:ORGANIZATIONS THAT STRENGTHEN CONNECTIONS BETWEEN EDUCATION AND OPPORTUNITY IN THE U.S., WITH A SPECIAL FOCUS ON HELPING THOSE WHO FACE THE GREATEST CHALLENGES SECURING OPPORTUNITY THROUGH POSTSECONDARY EDUCATION OR TRAINING. STRADA'S WORK IS GROUNDED IN FIVE FOCUS AREAS: CLEAR OUTCOMES, QUALITY COACHING, AFFORDABILITY, WORK-BASED LEARNING, AND EMPLOYER ALIGNMENT (THE "FOCUS AREAS").
FORM 990, PART III, LINE 2STRADA EDUCATION FOUNDATION, INC. ("STRADA") DEPLOYS A DIVERSE RANGE OF TOOLS TO FURTHER ITS MISSION. IN 2024, STRADA EXPANDED ITS PORTFOLIO OF IMPACT LEVERS TO INCLUDE A NEW POLICY AND ADVOCACY PROGRAM DESIGNED TO ENGAGE DIRECTLY WITH POLICYMAKERS AND OTHER GOVERNMENT LEADERS AT STATE AND FEDERAL LEVELS TO IDENTIFY AND ADVANCE NONPARTISAN, EVIDENCE-BASED POLICIES DESIGNED TO STRENGTHEN PATHWAYS TO OPPORTUNITY FOR ALL LEARNERS. STRADA'S AFFILIATE PROGRAMS (OPERATED THROUGH DISREGARDED ENTITIES) ALSO SERVE AS AN IMPORTANT LEVER IN FURTHERING THE ORGANIZATION'S CHARITABLE PRIORITIES. IN 2024, STRADA ESTABLISHED TWO NEW AFFILIATES - CREDLENS, LLC ("CREDLENS") AND STRADA COLLABORATIVE, LLC ("STRADA COLLABORATIVE"). CREDLENS PROMOTES THE ADVANCEMENT OF NON-DEGREE CREDENTIALS BY PROVIDING DATA-DRIVEN INSIGHTS ON CREDENTIAL OUTCOMES. STRADA COLLABORATIVE (I) SUPPORTS NON-TRADITIONAL AND POST-TRADITIONAL ADULT LEARNERS, (II) CREATES PUBLICLY AVAILABLE CAREER EXPLORATION MEDIA RESOURCES FOR STUDENTS, (III) DRIVES WORK-BASED LEARNING OPPORTUNITIES, AND (IV) PROVIDES ACCESS TO EDUCATIONAL AND CAREER SUPPORT TO STUDENTS THROUGH COACHES AND MENTORS.
FORM 990, PART VI, SECTION A, LINE 2PERSONS LISTED IN PART VII MAY HAVE A "BUSINESS RELATIONSHIP" WITH EACH OTHER BY VIRTUE OF SITTING ON RELATED STRADA EDUCATION FOUNDATION, INC. BOARDS BY VIRTUE OF THEIR EMPLOYMENT WITH RELATED STRADA EDUCATION FOUNDATION, INC. ENTITIES.
FORM 990, PART VI, SECTION A, LINE 4EFFECTIVE JANUARY 1, 2024, STRADA EDUCATION FOUNDATION, INC. AMENDED ITS ARTICLES OF INCORPORATION TO CHANGE ITS CLASSIFICATION STATUS FROM A PUBLIC CHARITY DESCRIBED IN IRC SECTIONS 509(A)(3) TO A PUBLIC CHARITY DESCRIBED IN IRC SECTIONS 509(A)(1) AND 170(B)(1)(A)(VI).
FORM 990, PART VI, SECTION A, LINE 6AS A DELAWARE NON-PROFIT ORGANIZATION, THIS CORPORATION HAS INDIVIDUALS AS ITS MEMBERS THAT SERVE AS ITS BOARD OF TRUSTEES.
FORM 990, PART VI, SECTION B, LINE 11BONCE THE FORM 990 IS PREPARED BY THE COMPANY, WITH ASSISTANCE FROM THE EXTERNAL TAX ACCOUNTING FIRM, THE FORM AND ALL APPLICABLE SCHEDULES ARE PROVIDED TO THE FINANCE AND AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW. AFTER THE FINANCE AND AUDIT COMMITTEE HAS COMPLETED THEIR REVIEW, THE FORM AND ALL APPLICABLE SCHEDULES ARE PROVIDED TO THE FULL BOARD IN ADVANCE OF THE FORM BEING FILED WITH THE IRS, ALLOWING TIME FOR REVIEW AND COMMENT BY THE FULL BOARD.
FORM 990, PART VI, SECTION B, LINE 12CANNUALLY, A CONFLICT OF INTEREST AND DISCLOSURE QUESTIONNAIRE IS REQUIRED TO BE COMPLETED BY ALL EMPLOYEES. THE PURPOSE OF THE QUESTIONNAIRE IS TO SOLICIT INFORMATION ABOUT RELATIONSHIPS THAT MAY CONSTITUTE A POTENTIAL CONFLICT OF INTEREST. EACH MEMBER OF THE BOARD OF TRUSTEES SIGNS AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT THAT DISCLOSES ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AS SET FORTH IN THE APPROVED CONFLICT OF INTEREST POLICY FOR TRUSTEES. TRUSTEES VERBALLY UPDATE AND CONFIRM THE ACCURACY OF THEIR ANNUAL WRITTEN CONFLICT OF INTEREST DISCLOSURES DURING EACH QUARTERLY BOARD MEETING. THE DISCLOSURE STATEMENTS ARE REVIEWED BY THE GOVERNANCE COMMITTEE OF THE BOARD OF TRUSTEES. WHEN ANY SUCH CONFLICT OF INTEREST IS RELEVANT TO A MATTER REQUIRING ACTION BY THE BOARD OF TRUSTEES OR ANY COMMITTEE, THE INTERESTED PERSON SHALL CALL IT TO THE ATTENTION OF THE CHAIR OF THE COMMITTEE, AND SUCH PERSON SHALL NOT VOTE ON THE MATTER. MOREOVER, THE PERSON HAVING THE CONFLICT SHALL LEAVE THE ROOM IN WHICH THE MEETING IS HELD AND NOT PARTICIPATE IN THE FINAL DELIBERATIONS OR DECISIONS REGARDING THE MATTER UNDER CONSIDERATION. A TRUSTEE SHALL ADVISE THE CHAIR OF THE GOVERNANCE COMMITTEE AND THE CORPORATE SECRETARY IN WRITING OF ANY POTENTIAL CONFLICTS OF INTEREST WHICH ARISE AFTER SIGNING THE CONFLICT OF INTEREST DISCLOSURE STATEMENT.
FORM 990, PART VI, SECTION B, LINE 15COMPENSATION DETERMINATIONS OF STRADA EDUCATION FOUNDATION, INC.'S CEO AND THE OTHER OFFICERS FOR CALENDAR YEAR 2024 WERE MADE BY A COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES WHOSE MEMBERS HAVE NO CONFLICT OF INTEREST WITHIN THE MEANING OF TREAS. REG. 53.4958-6(C)(1)(III). THE COMPENSATION COMMITTEE ESTABLISHES THE COMPENSATION PHILOSOPHY, AND WITH COMPARABILITY DATA PROVIDED BY AN INDEPENDENT COMPENSATION CONSULTANT, ANNUALLY EVALUATES THE PERFORMANCE OF THE CEO AND ALL OTHER OFFICERS, AND DETERMINES IN ADVANCE THE REASONABLENESS OF COMPENSATION PAID TO AND BENEFITS PROVIDED TO SUCH INDIVIDUALS. AS PART OF THE ANNUAL PERFORMANCE EVALUATION, THE COMPENSATION COMMITTEE SOLICITS THE VIEWS OF THE CHAIRS OF THE OTHER BOARD COMMITTEES. THE DETERMINATIONS MADE AND THE BASIS OF SUCH DETERMINATIONS ARE CONTEMPORANEOUSLY DOCUMENTED IN WRITTEN MINUTES. FINAL DETERMINATIONS ARE REPORTED TO THE FULL BOARD OF TRUSTEES.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ANY DOCUMENT OPEN TO PUBLIC INSPECTION AVAILABLE UPON REQUEST.
FORM 990, PART XI, LINE 9:TRANSFER FROM STRADA COLLABORATIVE, LLC 38,498,472. CAPITAL CONTRIBUTION TO CREDLENS, LLC 6,350,000. TRANSFER OF ASSETS TO STRADA PHILANTHROPY, INC. -397,964,222.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
STRADA COLLABORATIVE LLC
10 WEST MARKET STREET STE 1100INDIANAPOLISIN46204934340224EDUCATIONAL SUPPORT SERVICESIN$59,149,469$38,775,948STRADA EDUCATION FOUNDATION INC
CREDLENS LLC
10 WEST MARKET STREET STE 1100INDIANAPOLISIN46204990513923EDUCATIONAL SUPPORT SERVICESIN$1,610,149$2,999,014STRADA EDUCATION FOUNDATION INC

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1STRADA PHILANTHROPY INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line110 WEST MARKET STREET STE 1100AddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46204ZIPCd
FieldValueIRS element (for citing)
EIN991173772EIN
Primary ActivitiesGRANT MAKINGPrimaryActivitiesTxt
Legal Domicile StateINLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusTYPE I 509(A)(3)PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1STRADA EDUCATION FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (1)ControlledOrganizationInd

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1STRADA SOLUTIONS INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line110 WEST MARKET STREET STE 1100AddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46204ZIPCd
FieldValueIRS element (for citing)
EIN371897172EIN
Primary ActivitiesHOLDING COMPANYPrimaryActivitiesTxt
Legal Domicile StateDELegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1STRADA EDUCATION FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Entity TypeCEntityTypeTxt
Share Of Total Income$18,997,667ShareOfTotalIncomeAmt
Share Of EOY Assets$15,773,714ShareOfEOYAssetsAmt
Ownership1.00000OwnershipPct
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsYes (1)ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related OrganizationYes (1)DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (1)TransferToOtherOrgInd
Transfer From Other OrgYes (1)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (6 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
STRADA SOLUTIONS INC
Q$153,671FMV
STRADA SOLUTIONS INC
S$113,656FMV
STRADA SOLUTIONS INC
M$129,021FMV
STRADA PHILANTHROPY INC
R$397,964,222BOOK VALUE
STRADA SOLUTIONS INC
F$6,250,000FMV
STRADA COLLABORATIVE LLC
S$38,498,472FMV