2023-10-23T11:23:40-05:00 2023-06-30 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2022-07-01 760794873 EDVESTORS INC EDVE 6175855740 142 BERKELEY STREET 410 BOSTON MA 02116 MARINELL ROUSMANIERE PRESIDENT & CEO 6175855740 2023-10-20 1 MARINELL ROUSMANIERE XXX-XX-XXXX 1 CAITLIN LIMOGES CPA P01633588 5083669100 2023-10-20 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MARINELL ROUSMANIERE 142 BERKELEY STREET 410 BOSTON MA 02116 7126706 0 X WWW.EDVESTORS.ORG X 2005 MA EDVESTORS IS A DYNAMIC SCHOOL CHANGE ORGANIZATION FOCUSED ON ACCELERATING SUBSTANTIVE IMPROVEMENT IN BOSTON SCHOOLS. 14 14 21 73 0 0 6181746 7041121 0 0 -34155 85585 478525 0 6626116 7126706 957563 907131 0 0 1754571 2099789 0 0 556575 2090591 2824661 4802725 5831581 1823391 1295125 7547722 10853706 648963 2750927 6898759 8102779 X 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) 0 0 1742246 476195 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. 242499 50054 EDVESTORS' MATHEMATICS PROGRAM (ALSO KNOWN AS ZEROING IN ON MATH) HASA GOAL OF IMPROVING THE MATHEMATICS EDUCATIONAL EXPERIENCES ANDOUTCOMES OF STUDENTS IN BOSTON PUBLIC SCHOOLS, WITH A SPECIFIC AIM OFADVANCING 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, THIS PROGRAM AT EDVESTORS HAS WORKED WITH MORE THAN 20 BOSTON SCHOOLS AND OVER 160 TEACHERS. 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 HAVING A SYSTEM-LEVEL IMPACT DRIVEN BY THE CONNECTEDNESS OF OUR SCHOOL-BASED WORK, DISTRICT-LEVEL PARTNERSHIPS, AND EXTERNAL COLLABORATIONS. 2064193 169182 CAREER PATHWAYS - AIMS TO ENSURE ALL STUDENTS CAN ACCESS HIGH QUALITY CAREER LEARNING AND PATHWAYS EXPERIENCES IN BOSTON'S PUBLIC HIGH SCHOOLS THAT EQUIP STUDENTS WITH THE ACADEMIC, TECHNICAL, AND SOCIAL FLUENCY TO THRIVE IN HIGH SCHOOL AND BEYOND. 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 PROGRAM THAT WILL STRENGTHEN CAREER AND COLLEGE PREPARATIONS IN BOSTON'S PUBLIC SCHOOLS. 834578 211700 OTHER PROGRAM SERVICES INCLUDE THE SCHOOL ON THE MOVE PRIZE, RACIAL EQUITY SEED FUND, AND OTHER PROGRAMMATIC EXPENSES. THE SCHOOL ON THE MOVE PRIZE IS BOSTON'S PREMIER AWARD FOR BOSTON PUBLIC SCHOOLS. THE ANNUAL PRIZE INCLUDES A MONETARY AWARD TO ONE OF BPS' MOST RAPIDLY IMPROVING SCHOOLS, WITH SMALLER GRANTS TO THE TWO FINALISTS. THE PRIZE ALSO COMES WITH PUBLIC RECOGNITION AND THE OPPORTUNITY FOR THE WINNING SCHOOL TO DOCUMENT AND SHARE THEIR SUCCESSFUL IMPROVEMENT STRATEGIES TO INFORM THE WORK OF EDUCATORS. THROUGH THE RACIAL EQUITY SEED FUND, EDVESTORS MAKES SMALL INVESTMENTS IN UP TO 15 PROJECTS EACH YEAR TO PROVIDE SCHOOLS WITH THE OPPORTUNITY TO CREATE AN ACTION-BASED LEARNING COMMUNITY THAT IMPLEMENTS, TESTS, AND SCALES SOLUTIONS TO ADVANCE RACIAL EQUITY. INVESTING IN ON-THE-GROUND SOLUTIONS, IN PARTNERSHIP WITH OUR FUNDERS, IS AN ESSENTIAL PART OF EDVESTORS' APPROACH TO STRATEGIC PHILANTHROPY. 834578 211700 4883516 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 42 0 1 21 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X MARINELL ROUSMANIERE 6175855740 142 BERKELEY STREET 410 BOSTON MA 02116 MARINELL ROUSMANIERE PRESIDENT & CEO 40.00 X 181241 0 50010 ANURADHA DESAI SENIOR VP, EXTERNAL AFFAIRS (UNTIL 6/23) 40.00 X 186311 0 25402 HEATHER JOHNSON VP PROGRAM, STRATEGY & IMPACT 40.00 X 135878 0 35580 RUTH MERCADO-ZIZZO VP PROGRAMS & EQUITY 40.00 X 116958 0 30063 JUSTINE BEATON DIRECTOR, STRATEGIC PROJECTS 40.00 X 102235 0 13064 FRANCISCO MARRIOTT DIR., FINANCE & OPS. 40.00 X 106544 0 4262 MYRAN PARKER-BRASS BOARD CHAIR (AS OF 10/22) 1.00 X X 0 0 0 JENNIFER LARSON-JOYCE VICE CHAIR (AS OF 10/22) 1.00 X X 0 0 0 KATHERINE S MCHUGH CLERK 1.00 X X 0 0 0 DAVID SIMON TREASURER 1.00 X X 0 0 0 KATHERINE GROSS BOARD CHAIR (UNTIL 10/22), BOARD MEMBER 1.00 X X 0 0 0 FAITH PARKER VICE CHAIR (UNTIL 10/22), BOARD MEMBER 1.00 X X 0 0 0 WILLIAM SCHAWBEL BOARD MEMBER 1.00 X 0 0 0 JEAN-PHILLIP BRIGNOL BOARD MEMBER 1.00 X 0 0 0 CHRISTINE LETTS BOARD MEMBER 1.00 X 0 0 0 DR MARIA LUISA PARRA-VELASCO BOARD MEMBER 1.00 X 0 0 0 BRANDON CARDET-HERNANDEZ BOARD MEMBER 1.00 X 0 0 0 ROBERT ZACCARDI BOARD MEMBER 1.00 X 0 0 0 MATTHEW LESNIAK BOARD MEMBER 1.00 X 0 0 0 ABRA FRANCOIS BOARD MEMBER (AS OF 4/23) 1.00 X 0 0 0 LORENA LOPERA BOARD MEMBER (UNTIL 6/23) 1.00 X 0 0 0 829167 0 158381 6 0 1 0 0 95419 6945702 7041121 85585 85585 7126706 0 0 85585 888536 888536 18595 18595 357984 123300 173034 61650 1384768 984406 48362 352000 79044 29434 22033 27577 152257 100147 49796 2314 125736 76681 22580 26475 99351 91096 3276 4979 516537 473616 17035 25886 16970 14620 998 1352 7871 6509 589 773 211570 174954 15836 20780 8724 1758 4229 2737 155607 100429 29123 26055 6750 5582 505 663 PROGRAM SERVICES 1766027 1766027 ADMINISTRATIVE 18190 15342 1230 1618 COMMUNICATION 9494 7736 687 1071 MEMBERSHIPS & SUBSCRIPT 7570 4748 2177 645 5831581 4883516 391490 556575 4184989 1357896 1914820 4826273 1337950 3117373 100151 71021 65410 33737 9812 31673 0 1449470 7547722 10853706 291863 563803 357100 697836 0 1489288 648963 2750927 X 2438389 1996455 4460370 6106324 6898759 8102779 7547722 10853706 X 1295125 -91105 X X 0 1 X 1 0 X 3870766 2020856 7333053 6181746 7041121 26447542 3870766 2020856 7333053 6181746 7041121 26447542 12998641 13448901 3946 9426 7723 5641 85585 112321 478525 478525 27038388 0.49740 0.50750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 28611 3216 25395 23450 19264 4186 13349 11257 2092 31673 RIGHT-OF-USE ASSET - OPERATING LEASE 1449470 1449470 OPERATING LEASE LIABILITY 1489288 1489288 X 7126706 0 7126706 0 7126706 5922686 91105 91105 5831581 0 5831581 PART X, LINE 2: EDVESTORS ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. EDVESTORS HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2023. EDVESTORS' INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. PART XII, LINE 2D - OTHER ADJUSTMENTS: LEASE TERMINATION FEE 91,105. 1 ELIOT SCHOOL OF FINE AND APPLIED ARTS 24 ELIOT STREET BOSTON MA 02130 042173050 42900 0 R15 SY23-24; ELIOT - GREATER EGLESTON, BURKE, ELLISON PARKS, HAYNES, HENRY GREW ACTORS' SHAKESPEARE PROJECT 442 BUNKER HILL STREET CHARLESTOWN MA 02129 200815685 26400 0 R15 SY23-24; ASP - BDEA, BRIGHTON, ENGLISH, BINCA OPEN DOOR ARTS 15 CHANNEL CENTER STREET SUITE 103 BOSTON MA 02210 042699540 26400 0 R15 SY23-24; OPEN DOOR ARTS - ELLISON PARKS, BGA, CASH COMMUNITY MUSIC CENTER OF BOSTON 34 WARREN AVENUE BOSTON MA 02116 042437973 17600 0 R15 SY23-24; CMCB - TAYLOR, HARVARD-KENT COMPANY ONE THEATRE 539 TREMONT STREET STUDIO 211 BOSTON MA 02116 043444644 17600 0 R15 SY23-24; C1 - BCLA, BURKE ARTS FOR LEARNING MASSACHUSETTS 89 SOUTH STREET SUITE 603 BOSTON MA 02111 046065276 16500 0 R15 SY23-24; ARTS FOR LEARNING MA - ELLIS, NEW MISSION, CHANNING BALLETROX INC 45 DANFORTH STREET JAMAICA PLAIN MA 02130 043140205 16500 0 R15 SY23-24; BALLETROX - CONLEY, MATHER, PA SHAW FRACTURED ATLAS PO BOX 55 HARTSDALE NY 10530 113451703 16500 0 R15 SY23-24; ILA - HORACE MANN, BINCA BOSTON MUSIC PROJECT PO BOX 180772 BOSTON MA 02118 474232704 15400 0 R15 SY23-24; BMP - PERRY, MCKINLEY, ROGER CLAP ELIOT SCHOOL OF FINE AND APPLIED ARTS 24 ELIOT STREET BOSTON MA 02130 042173050 15400 0 R15 SY23-24; ELIOT - LEE, BGA LYRIC STAGE COMPANY OF BOSTON 140 CLARENDON STREET 2ND FLOOR BOSTON MA 02116 237346311 15400 0 R15 SY23-24; LYRIC STAGE - TYNAN, HALE VERONICA ROBLES CULTURAL CENTER (VROCC) 6 DENNISON STREET ROXBURY MA 02119 813595731 15400 0 R15 SY23-24; HUMANO - GREATER EGLESTON, MARGARITA MUNIZ COMPANY ONE THEATRE 539 TREMONT STREET STUDIO 211 BOSTON MA 02116 043444644 14300 0 R15 SY23-24; C1 - TECHBOSTON, BATA HANDEL AND HAYDN SOCIETY 9 HARCOURT STREET BOSTON MA 02116 042126598 14300 0 R15 SY23-24; H+H - HURLEY, WINSHIP, MASON PILOT, PERKINS HUNTINGTON THEATRE COMPANY 560 HARRISON AVENUE SUITE 504 BOSTON MA 02118 222659560 13200 0 R15 SY23-24; HUNTINGTON - MCKINLEY, O'BRYANT, HENDERSON, ACC FRACTURED ATLAS PO BOX 55 HARTSDALE NY 10530 113451703 12100 0 R15 SY23-24; I LEARN AMERICA - MARGARITA MUNIZ, UMANA ART RESOURCE COLLABORATIVE FOR KIDS INC 36 BROMFIELD STREET 301 BOSTON MA 02108 455442979 11000 0 R15 SY23-24; ARCK - BLACKSTONE, GARDNER PILOT BOSTON CHILDREN'S CHORUS 20 OLD COLONY AVENUE BOSTON MA 02127 651188279 11000 0 R15 SY23-24; BCC - BRADLEY, PERRY BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION 6 ROXBURY STREET 3L ROXBURY MA 02119 222514422 11000 0 R15 SY23-24; EDISON K8 - TEACHING ARTIST BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION 6 ROXBURY STREET 3L ROXBURY MA 02119 222514422 11000 0 R15 SY23-24; MAKING MUSIC MATTERS - MOZART, OHRENBERGER, PHILBRICK EDUCATION THROUGH MUSIC - MA 7 BREWSTER STREET 3 BOSTON MA 02127 823001062 11000 0 R15 SY23-24; ETM - ELLIS, CHARLESTOWN, DUDLEY ZUMIX INC 260 SUMNER STREET EAST BOSTON MA 02128 043132674 11000 0 R15 SY23-24; ZUMIX - EAST BOSTON BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION 6 ROXBURY STREET 3L ROXBURY MA 02119 222514422 10054 0 MATH IS FOR EVERYONE - HENDERSON 826 BOSTON 3035 WASHINGTON STREET ROXBURY MA 02119 208065915 10000 0 RACIAL EQUITY: 826BOSTON, BPIE, LITERATIONS BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION 6 ROXBURY STREET 3L ROXBURY MA 02119 222514422 10000 0 CAREER PATHWAYS PLANNING - O'BRYANT BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION 6 ROXBURY STREET 3L ROXBURY MA 02119 222514422 10000 0 CAREER PATHWAYS PLANNING - TECHBOSTON BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION 6 ROXBURY STREET 3L ROXBURY MA 02119 222514422 10000 0 MATH IS FOR EVERYONE - BATA BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION 6 ROXBURY STREET 3L ROXBURY MA 02119 222514422 10000 0 MATH IS FOR EVERYONE - MATHER BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION 6 ROXBURY STREET 3L ROXBURY MA 02119 222514422 10000 0 MATH IS FOR EVERYONE - MENDELL BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION 6 ROXBURY STREET 3L ROXBURY MA 02119 222514422 10000 0 MATH IS FOR EVERYONE - TECHBOSTON CENTER FOR COLLABORATIVE EDUCATION 33 HARRISON AVENUE BOSTON MA 02111 043241676 10000 0 CAREER PATHWAYS PLANNING - BINCA THE CHICA PROJECT 1266 FURNACE BROOKE PKWY SUITE 410 QUINCY MA 02169 453866647 10000 0 RACIAL EQUITY: CHICA PROJECT CRISTO REY BOSTON HIGH SCHOOL 100 SAVIN HILL AVENUE DORCHESTER MA 02125 562438544 10000 0 RACIAL EQUITY: CRISTO REY MARGARITA MUNIZ ACADEMY FOUNDATION 20 CHILD STREET JAMAICA PLAIN MA 02130 800827704 10000 0 CAREER PATHWAYS PLANNING - MUNIZ MASSACHUSETTS ADVOCATES FOR CHILDREN 25 KINGSTON STREET 2ND FLOOR BOSTON MA 02111 042488456 10000 0 RACIAL EQUITY: MAC PARTNERS FOR YOUTH WITH DISABILITIES 5 MIDDLESEX AVENUE 307 SOMERVILLE MA 02145 222627798 10000 0 RACIAL EQUITY: PYD ARTISTS FOR HUMANITY 100 W 2ND STREET BOSTON MA 02127 043138434 9900 0 R15 SY23-24; AFH - EXCEL HIGH BRIGHTER BOSTON INC PO BOX 51885 BOSTON MA 02205 464849043 9900 0 R15 SY23-24; BRIGHTER BOSTON - BAA BOSTON GREEN ACADEMY FOUNDATION 20 WARREN STREET BRIGHTON MA 02124 464779019 9380 0 CAREER PATHWAYS PLANNING - BGA BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION 6 ROXBURY STREET 3L ROXBURY MA 02119 222514422 9202 0 CAREER PATHWAYS PLANNING - BURKE 2ND ACT ORG INC 89 SOUTH STREET SUITE 406 BOSTON MA 02111 222950758 8800 0 R15 SY23-24; 2ND ACT - OSTIGUY COMMUNITY MUSIC CENTER OF BOSTON 34 WARREN AVENUE BOSTON MA 02116 042437973 8800 0 R15 SY23-24; CMCB - RUSSELL FENWAY HIGH SCHOOL FUND 67 ALLEGHANY STREET BOSTON MA 02120 046719813 8800 0 R15 SY23-24; FENWAY - C1 MASS POETRY OUTREACH PROJECT 50 LIBERTY DRIVE SUITE 500 BOSTON MA 02210 270584283 8800 0 R15 SY23-24; MASS POETRY - QUINCY UPPER, UMANA, EMK BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION 6 ROXBURY STREET 3L ROXBURY MA 02119 222514422 8000 0 CAREER PATHWAYS FOCAL - BURKE BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION 6 ROXBURY STREET 3L ROXBURY MA 02119 222514422 8000 0 CAREER PATHWAYS IDEAL - CHARLESTOWN FENWAY HIGH SCHOOL FUND 67 ALLEGHANY STREET BOSTON MA 02120 046719813 8000 0 CAREER PATHWAYS IDEAL - FENWAY UASPIRE 31 MILK STREET STE 900 BOSTON MA 02109 461314848 8000 0 CAREER PATHWAYS FOCAL - UASPIRE ARTISTS FOR HUMANITY 100 W 2ND STREET BOSTON MA 02127 043138434 7700 0 R15 SY23-24; AFH - BDEA MARGARITA MUNIZ ACADEMY FOUNDATION 20 CHILD STREET JAMAICA PLAIN MA 02130 800827704 7500 0 CAREER PATHWAYS IDEAL - MUNIZ BRIGHTER BOSTON INC PO BOX 51885 BOSTON MA 02205 464849043 7200 0 CAREER PATHWAYS IDEAL - BRIGHTER BOSTON & O'BRYANT APPRENTICE LEARNING 36 WINTHROP STREET ROXBURY MA 02119 455622649 7000 0 CAREER PATHWAYS IDEAL - APPRENTICE LEARNING & DEARBORN STEM BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION 6 ROXBURY STREET 3L ROXBURY MA 02119 222514422 7000 0 CAREER PATHWAYS FOCAL - MPTVHS BOSTON MUSIC PROJECT PO BOX 180772 BOSTON MA 02118 474232704 6600 0 R15 SY23-24; BOSTON MUSIC PROJECT - QUINCY ELEMENTARY BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION 6 ROXBURY STREET 3L ROXBURY MA 02119 222514422 5500 0 R15 SY23-24; BOSTON COLLABORATIVE - AND STILL WE RISE BOSTON LYRIC OPERA COMPANY INC 15 CHANNEL CENTER STREET 106 BOSTON MA 02210 042469627 5500 0 R15 SY23-24; BLO - EVERETT NORTH END MUSIC & PERFORMING ARTS CENTER (NEMPAC) 50 TILESTON STREET BOSTON MA 02113 043545228 5500 0 R15 SY23-24; NEMPAC - WARREN PRESCOTT REHEARSAL FOR LIFE 655 CENTRE STREET BOX 300037 JAMAICA PLAIN MA 02130 042786576 5500 0 R15 SY23-24; REHEARSAL FOR LIFE - BTU THOMPSON ISLAND OUTWARD BOUND EDUCATION CENTER PO BOX 127 BOSTON MA 02127 043027900 5500 0 CAREER PATHWAYS IDEAL - THOMPSON ISLAND 59 INDIVIDUAL ARTS EDUCATOR GRANT 38 18595 FORM 990, PART IX, LINE 1: EDVESTORS MONITORS THE USE OF GRANTS IN DIFFERENT WAYS FOR EACH PROGRAM AREA. FOR ONE-YEAR GRANTS THROUGH THE BPS ARTS EXPANSION, A PRELIMINARY REPORT IS DUE IN NOVEMBER AND A FINAL REPORT DUE IN JUNE. FOR TWO-YEAR GRANTS THROUGH THE BPS ARTS EXPANSION, A PRELIMINARY REPORT IS DUE IN JUNE AND A FINAL REPORT DUE THE FOLLOWING JUNE. FOR ANY ARTS GRANT, MONITORING MAY ALSO INCLUDE SITE VISITS BY DONORS AND EDVESTORS STAFF MEMBER. ONE-YEAR RACIAL EQUITY SEED FUND AND CAREER PATHWAYS GRANT RECIPIENTS RECEIVE ONGOING SUPPORT AND SUBMIT A YEAR-END REPORT IN JUNE. X X X 0 0 0 0 0 0 0 0 0 MARINELL ROUSMANIERE PRESIDENT & CEO 181241 0 0 0 0 0 7250 0 42760 0 231251 0 0 0 ANURADHA DESAI SENIOR VP, EXTERNAL AFFAIRS (UNTIL 6 186311 0 0 0 0 0 7452 0 17950 0 211713 0 0 0 HEATHER JOHNSON VP PROGRAM, STRATEGY & IMPACT 135878 0 0 0 0 0 5435 0 30145 0 171458 0 0 0 PART I, LINE 3 THE PROCESS FOR DETERMINING COMPENSATION FOR TOP ORGANIZATION POSITIONS, INCLUDING CEO AND OTHER KEY EMPLOYEES IS AS FOLLOWS: (A) ANNUAL PERFORMANCE AND SALARY/COMPENSATION REVIEW BY CEO FOR TOP MANAGEMENT AND KEY EMPLOYEES AND BY THE GOVERNING BOARD EXECUTIVE COMMITTEE FOR CEO WITH FINAL APPROVAL BY FULL GOVERNING BOARD, AT RECOMMENDATION OF EXECUTIVE COMMITTEE, AS PART OF THE ORGANIZATION'S ANNUAL BUDGET APPROVAL PROCESS. (B) COMPARABILITY DATA IS GATHERED TO INFORM RECOMMENDED SALARY LEVELS FOR ALL NEWLY CREATED MANAGEMENT AND KEY EMPLOYEE POSITIONS. (C) EDVESTORS MANAGEMENT WILL INSTITUTE A SALARY COMPENSATION REVIEW EVERY 2 3 YEARS (OR FIND COMPARABLE EXISTING REPORT FROM EXTERNAL SOURCE) FOR CURRENT KEY EMPLOYEE POSITIONS. FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: EDVESTORS' MISSION IS TO ADVANCE EQUITABLE, MEANINGFUL EDUCATION THAT PREPARES EVERY BOSTON STUDENT TO ACTIVATE THEIR POWER AND SHAPE THEIR FUTURE. THE ORGANIZATION DRIVES TOWARD ITS MISSION BY 1) ACTIVATING PEOPLE AND RESOURCES, 2) LEARNING AND ITERATING IN CONTEXT, AND 3) INFLUENCING SYSTEM CHANGE. EDVESTORS BELIEVES THAT CONTINUOUSLY ATTENDING TO ALL THREE DRIVERS ENSURES ITS PROGRAMS AND INITIATIVES (THE SCHOOL ON THE MOVE PRIZE, RACIAL EQUITY SEED FUND, BOSTON PUBLIC SCHOOLS ARTS EXPANSION, ZEROING IN ON MATH, AND CAREER PATHWAYS) WILL CREATE IMPACT. THE RELATIONSHIPS EDVESTORS HAS BUILT AND THEIR TRACK RECORD OF EFFECTIVENESS HAS SOLIDIFIED THEIR CRITICAL ROLE AS A TRUSTED PARTNER AND THOUGHT LEADER IN BOSTON. THE ORGANIZATION'S POSITION GRANTS THEM ACCESS TO THE DECISION MAKERS IMPACTING BOSTON SCHOOLS AND STUDENTS, ENABLING THEM TO ADVOCATE FOR SYSTEM-WIDE CHANGE. THE ORGANIZATION FOCUSES ITS WORK IN BOSTON PUBLIC SCHOOLS AND SINCE ITS FOUNDING IN 2002, HAS RAISED AND INVESTED OVER $46 MILLION IN THE CITY'S SCHOOLS. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE COMMITTEE WILL HAVE THE OPPORTUNITY TO REVIEW THE FORM 990. THE FORM 990 WILL THEN BE SHARED WITH ALL MEMBERS OF THE GOVERNING BOARD PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C GOVERNING BOARD OFFICERS AND MEMBERS ARE REQUIRED TO DISCLOSE ANNUALLY ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. A CONFLICT OF INTEREST FORM WILL BE UPDATED BY EACH BOARD MEMBER AND SUBMITTED TO EDVESTORS MANAGEMENT, IN ADVANCE OF THE ANNUAL MEETING EACH SEPTEMBER AND THROUGHOUT THE YEAR AS NEW MEMBERS JOIN THE GOVERNING BOARD. MEMBERS ARE REQUIRED TO INFORM THE BOARD CHAIR OF ANY POTENTIAL CONFLICTS AND NEED TO RECUSE THEMSELVES FROM VOTING ON ANY ACTION ITEMS FOR WHICH THEY HAVE A POTENTIAL CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION FOR TOP ORGANIZATION POSITIONS, INCLUDING CEO AND OTHER KEY EMPLOYEES IS AS FOLLOWS: (A) ANNUAL PERFORMANCE AND SALARY/COMPENSATION REVIEW BY CEO FOR TOP MANAGEMENT AND KEY EMPLOYEES AND BY THE GOVERNING BOARD EXECUTIVE COMMITTEE FOR CEO WITH FINAL APPROVAL BY FULL GOVERNING BOARD, AT RECOMMENDATION OF EXECUTIVE COMMITTEE, AS PART OF THE ORGANIZATION'S ANNUAL BUDGET APPROVAL PROCESS. (B) COMPARABILITY DATA IS GATHERED TO INFORM RECOMMENDED SALARY LEVELS FOR ALL NEWLY CREATED MANAGEMENT AND KEY EMPLOYEE POSITIONS. (C) EDVESTORS MANAGEMENT WILL INSTITUTE A SALARY COMPENSATION REVIEW EVERY 2-3 YEARS (OR FIND COMPARABLE EXISTING REPORT FROM EXTERNAL SOURCE) FOR CURRENT KEY EMPLOYEE POSITIONS. FORM 990, PART VI, SECTION C, LINE 19 EDVESTORS MAKES THESE DOCUMENTS AVAILABLE UPON REQUEST. IN ADDITION, ANNUAL FINANCIAL STATEMENTS ARE FILED WITH THE MASSACHUSETTS DIVISION OF CHARITIES AND ARE AVAILABLE FOR PUBLIC VIEWING. FORM 990, PART XI, LINE 9: LEASE TERMINATION FEE -91,105. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT, REVIEW OR COMPILATION OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. NO CHANGES HAVE BEEN MADE TO THIS PROCESS FROM THE PRIOR YEARS. FORM 990, PART 1, LINE 19: BALANCE OF ORGANIZATION EXPENSES ARE COVERED BY MULTI-YEAR PLEDGES RECEIVED IN PRIOR FISCAL YEARS.