2024-09-03T09:14:56-05:00 2023-12-31 582676261 Rogers & Company PLLC 8300 Boone Boulevard Suite 600 Vienna VA 22182 990 2023-01-01 841648607 Educate EDUC 3032174727 1905 Sherman Street Suite 200 138 Denver CO 80203 Boris Bulayev CEO & Co-Founder 3032174727 2024-08-27 1 1 Yong Zhang CPA P01249785 7038930300 2024-08-16 2023 2024-08-08 14:25:15Z X Boris Bulayev 1905 Sherman Street Suite 200 1383 Denver CO 80203 11066112 0 X https://www.experienceeducate.org/ X 2005 CO Educate!'s mission is to develop young leaders and entrepreneurs in Africa. See Part III 6 6 15 320 0 0 17319820 10231598 0 5000 178505 821610 14810 7904 17513135 11066112 114752 139770 0 0 4475189 5287196 0 0 516336 2573426 3811292 7163367 9238258 10349768 1827854 22620487 24476242 292589 309474 22327898 24166768 X Educate! is a nonprofit organization incorporated in 2005 under the laws of the State of Colorado with operations in Uganda, Rwanda, Kenya, and Tanzania for the purpose of preparing youth in Africa with the skills to succeed in today's economy. Educate! creates a core learning experience that delivers essential skills youth need to transition to work, particularly in Africa's huge informal economy. This experience combines skills training, mentorship, and practical experience starting a business. Educate! delivers this experience by:1) introducing an employment-focused school subject in secondary education, and2) delivering livelihood boot camps for out-of-school youth, with a focus on marginalized rural girls and young women. 0 0 8200462 139770 5000 Educate! is a nonprofit organization incorporated in 2005 under the laws of the State of Colorado with operations in Uganda, Rwanda, Tanzania and Kenya for the purpose of preparing youth in Africa with the skills to succeed in today's economy. Educate!'s mission is to develop young leaders and entrepreneurs in Africa. Educate! delivers a practical and relevant model of education to youth in Uganda, Rwanda, and Kenya, comprised of a leadership and entrepreneurship course, interactive teaching, intensive mentorship, experience starting an enterprise.Educate! delivers this experience by:1) introducing an employment-focused school subject in secondary education, and2) delivering livelihood boot camps for out-of-school youth, with a focus on marginalized rural girls and young women. 8200462 1 1 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 1 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 41 0 1 15 1 0 1 KE UG RW TZ 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CO X Simisola Olabisi 3032174727 1905 Sherman Street Ste 200 1383 Denver CO 80203 Eric Glustrom Chair 2.00 X X 0 0 0 Amy Kates Treasurer 2.00 X X 0 0 0 Jeff Aludo Member 2.00 X 0 0 0 Radhika Malpani Member 2.00 X 0 0 0 Nikita Miller Member 2.00 X 0 0 0 Dzingai Mutumbuka Member 2.00 X 0 0 0 Boris Bulayev CEO & Co-Founder 50.00 X 179901 0 17091 Margaret Appleton Chief Operating Officer 50.00 X 152250 0 4495 Ivan Ssenfuma Chief Financial Officer 50.00 X 136043 0 0 Kayode Kolade Deputy Chief Operating Officer 50.00 X 129348 0 0 Alexander Kelly Global Dir of Growth and Revenue 50.00 X 130595 0 7512 Meghan Mahoney Global Dir of Research, Measurement, & Evaluation 50.00 X 115396 0 16254 Elana Pollack Director of Talent 50.00 X 107863 0 5634 951396 0 50986 7 0 1 0 0 10231598 10231598 Program Fees 900099 5000 5000 5000 821610 821610 Other revenue 900099 7904 7904 7904 11066112 5000 0 829514 X 139770 139770 619128 539044 30375 49709 3877198 3375680 190217 311301 13211 11502 649 1060 318500 274405 15379 28716 459159 399767 22527 36865 20085 16684 3401 107130 107130 954307 836322 87345 30640 19593 13783 5266 544 116489 92314 18074 6101 288022 266192 13058 8772 108740 94209 259 14272 1778261 1728753 24418 25090 205397 199679 2820 2898 19176 18706 470 Program Supplies 172746 172306 72 368 Fees, permits, licenses 21346 21346 9238258 8200462 521460 516336 2910653 3633285 8513166 6415603 1118034 4206705 34613 21979 44021 75632 3070192 10000000 7052846 22620487 24476242 292589 259216 0 50258 292589 309474 X 9027898 9460235 13300000 14706533 22327898 24166768 22620487 24476242 X 1827854 11016 X X 0 1 X 1 0 X 9630377 6844234 6035008 17319820 10231598 50061037 9630377 6844234 6035008 17319820 10231598 50061037 21185561 28875476 3489 33926 29255 178505 821610 1066785 7904 7904 51135726 103938 0.56470 0.60440 X Schedule A, Part II, Line 10, Explanation of Other Income: Other Income - 2023 Amount: $ 7,904. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 Long term certificates of deposit 3070192 C 3070192 Long term cash and cash equivalents 7000000 Rights of use asset 52846 7052846 Lease Liability 50258 50258 X Part X, Line 2: Management has evaluated the Organization's tax positions and concluded that the Organization's consolidated financial statements do not include any uncertain tax positions. 1 Sub-Saharan Africa 3 359 Program services Education and learning programs 7985498 Sub-Saharan Africa 0 0 Grantmaking 139770 3 359 0 0 3 359 8125268 0 8125268 Stipends Sub-Saharan Africa 46 98465 Mobile transfer n/a n/a Business development Sub-Saharan Africa 193 26483 Mobile transfer n/a n/a Awards Sub-Saharan Africa 85 5913 Mobile transfer n/a n/a Scholarships Sub-Saharan Africa 20 8909 Mobile transfer n/a n/a 0 0 1 0 0 0 Part I, Line 2: The grants are seed money for the graduates' businesses. Recipients are members of a fellowship progam and their performance is reported on a termly basis. Educate! staff meets with them on a biweekly basis to discuss the progress of their businesses. Part I, line 3: Foreign expenses are directly tracked by region, and accounted for on the accrual method of accounting. X X 0 0 0 0 0 0 0 0 0 Boris Bulayev CEO & Co-Founder 179901 0 0 0 0 0 5960 0 11131 0 196992 0 0 0 Margaret Appleton Chief Operating Officer 152250 0 0 0 0 0 0 0 4495 0 156745 0 0 0 Form 990, Parts I and V, Lines 5 and 2a: The reference to 15 employees is a reference to the U.S. paid employees only and does not include the additional 239 East African paid employees, which contributes to the total salaries reported. Form 990, Part VI, Section B, line 11b The CEO, CFO and Finance Committee review the 990 before filing. Form 990, Part VI, Section B, line 12c Every officer in the organization is aware of the Conflict of Interest Policy and brings to the attention of the Board Chair whenever there is a possible breach in this policy The Board Chair then decides whether to bring the conflict of interest issue to the entire Board of Directors. Form 990, Part VI, Section B, line 15 The Board uses data of other comparable organizations to discuss and approve appropriate executive salaries. Form 990, Part VI, Section C, line 19 Governing documents are available upon request. Form 990, Part IX, line 11g Consultants, contractors and other professional fees: Program service expenses 836,322. Management and general expenses 87,345. Fundraising expenses 30,640. Total expenses 954,307. Form 990, Part XI, line 9: FX Exchange Loss 11,016. Form 990, Part XII, Line 2c: No change from prior year. Skilled Learning Inc PO Box 12302 Denver CO 80212 843269824 Hold investment in Learning Point Ltd. (program related) DE Educate C 1088466 1.00000 1 Learning Point Limited PO BOX 14938 Nairobi KE Develop young leaders and entrepreneurs in Africa KE Educate C 294 2442 1.00000 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Skilled Learning Inc D 1088366 Cash value