EIN 47-3044430

Strada Education Foundation

IRS 501(c) type
501(c)(3)
Num. employees
153
State
Year formed
2015
Most recent tax filings
2023-12-01
NTEE code, primary
Description
Strada Education Network is a national 501(c)(3) nonprofit dedicated to improving lives by catalyzing more direct and promising pathways between education and employment.
Also known as...
Strada Education Network; USA Funds
Total revenues
$91,272,355
2023
Total expenses
$101,126,709
2023
Total assets
$2,098,503,918
2023
Num. employees
153
2023

Program areas at Strada Education Foundation

Strada Education Foundation, Inc. was incorporated as a 501(c)(3) organization. Additionally, Strada Education Foundation, Inc. is a 509(a)(3) supporting organization to Strada collaborative, Inc. and a class of other publicly supported organizations whose purposes and activities are consistent with the exempt purposes of Strada collaborative, Inc.
Strada Education Foundation, Inc. Provides grants to public charities, including postsecondary educational institutions, to pursue the missions of its supported organizations, including research and the delivery of services to improve lives by forging clearer and more purposeful pathways between Education and employment.

Grants made by Strada Education Foundation

GranteeGrant descriptionAmount
Strada CollaborativeMatching Grant$3,827,500
Reach UniversityOperating Grant$1,500,000
Council of Independent Colleges (CIC)Operating Grant$1,300,000
...and 124 more grants made totalling $22,990,921

Who funds Strada Education Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
USA FundsOperational Grant$81,213,210
Strada CollaborativeOperating Grant$49,126,886
Northwest Education Loan Association (NELA)Operational Grant$3,046,567
...and 3 more grants received

Personnel at Strada Education Foundation

NameTitleCompensation
Larry LutzPresident and Chief Executive Officer$647,756
Michael G. AustinExecutive Vice President and Chief Financial Officer$633,422
Travis ReindlSenior Vice President and Chief Communications Officer
Adam ShopshireInterim Chief Information Officer
Christopher Michael BorteVice President and Chief Information Officer$353,214
...and 22 more key personnel

Financials for Strada Education Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$49,441,886
Program services$0
Investment income and dividends$51,608,224
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$185,115
Net gain from sale of non-inventory assets$-10,419,627
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$456,757
Total revenues$91,272,355

Form 990s for Strada Education Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990View PDF
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-04-02990View PDF
...and 5 more Form 990s

Organizations like Strada Education Foundation

OrganizationLocationRevenue
ActIowa City, IA$240,733,534
World Education ServicesNew York, NY$99,938,416
CodepathorgSan Francisco, CA$31,094,925
Teach for AllNew York, NY$54,670,220
Girls Who CodeNew York, NY$27,998,384
Duke Corporate EducationDurham, NC$31,490,601
International Baccalaureate OrganizationWashington, DC$224,747,384
Cambiar EducationSan Diego, CA$31,679,941
Responsiveed Texas AmendLewisville, TX$293,230,154
TranscendHastings on Hudson, NY$31,035,655
Data update history
January 8, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 5, 2025
Updated personnel
Identified 2 new personnel
January 5, 2025
Received grants
Identified 1 new grant, including a grant for $20,833 from Woodward Hines Education Foundation
January 3, 2025
Used new vendors
Identified 3 new vendors, including , , and
November 25, 2024
Received grants
Identified 1 new grant, including a grant for $20,000 from The Indianapolis Foundation
Nonprofit Types
Grantmaking organizationsCorporate foundationsCommunity service nonprofitsSchoolsEducational service providersHeadquarter / parent organizationsCharities
Issues
EducationCommunity improvement
Characteristics
Operates internationallyReceives government fundingTax deductible donationsAccepts online donations
General information
Address
10 W Market St Suite 1100
Indianapolis, IN 46227
Metro area
Indianapolis-Carmel-Anderson, IN
County
Marion County, IN
Website URL
stradaeducation.org/ 
Facebook page
stradaeducationnetwork 
Twitter profile
@stradaeducation 
IRS details
EIN
47-3044430
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2015
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B90: Educational Services
NAICS code, primary
611710: Educational Support Services
Parent/child status
Central organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0293020
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2025-03-05
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