NATIONAL EDUCATION EQUITY LAB INC Charity Report

Public IRS 990 nonprofit record

NATIONAL EDUCATION EQUITY LAB INC

EIN 83-3914379 · Secondary & High Schools (B25)

What they do

The National Education Equity Lab Propels Economic Mobility for Students From Low-income Communities By Delivering College Credit-bearing Courses From Our Nations Top Universities and Colleges Into Low-income Title I High Schools At Scale, and At No Cost to Students.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $76.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders20 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

77.08%of revenue went to mission work76.9% of expenses · Program services

11.25%of revenue went to fundraising11.2% of expenses

$35.07spent for every $100 of revenueRevenue covered expenses this year.

11.95%of revenue went to management and office costs11.9% of expenses

$1.50in assets for every $1 spent this yearSome assets cannot be spent right away.

17.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $226,662 for LAURA MOORE (CHIEF HIGHER ED. OFFICER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,044,604

Mission workProgram services$2,346,74577.08% of revenue76.9% of expenses

ManagementOffice and general costs$363,78211.95% of revenue11.9% of expenses

FundraisingAsking for donations$342,61311.25% of revenue11.2% of expenses

Total expenses$3,053,140100.28% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 76.9% mission · 11.9% management · 11.2% fundraisingTotal expenses: 100.28% of revenue

2023Expense mix: 79.6% mission · 13.8% management · 6.5% fundraisingTotal expenses: 90.12% of revenue

2022Expense mix: 81.2% mission · 12.2% management · 6.6% fundraisingTotal expenses: 98.24% of revenue

2021Expense mix: 87.1% mission · 10.0% management · 2.9% fundraisingTotal expenses: 59.26% of revenue

2020Expense mix: 83.2% mission · 13.3% management · 3.5% fundraisingTotal expenses: 53.93% of revenue

2019Expense mix: 0.0% mission · 100.0% management · 0.0% fundraisingTotal expenses: 34.97% of revenue

Money in and money out

Revenue$8,706,676

Expenses$3,053,140

Annual surplus $5,653,536 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,346,745 · 76.9% of expenses

Management and office costs$363,782 · 11.9% of expenses

Fundraising$342,613 · 11.2% of expenses

See all reported dollar amounts

Revenue$8,706,676

Expenses$3,053,140

Assets$4,574,877

Income$8,706,676

Contributions$1,546,343

Mission work (program services)$2,346,745

Fundraising$342,613

Management and general$363,782

Executive compensation (total)$168,000

Stocks and bonds$522,656

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

LAURA MOORECHIEF HIGHER ED. OFFICER · 40 hrs/week $226,662Base $210,095 · Other $16,567

ARIEL MURPHY-BEDFORDCHIEF ACADEMIC OFFICER · 40 hrs/week $213,376Base $200,545 · Other $12,831

STEVE SANDAKCHIEF GROWTH & DATA OFFICER · 40 hrs/week $212,763Base $189,263 · Other $23,500

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (20)

LAURA MOORECHIEF HIGHER ED. OFFICER

ARIEL MURPHY-BEDFORDCHIEF ACADEMIC OFFICER

STEVE SANDAKCHIEF GROWTH & DATA OFFICER

WAYNE FREDERICKTRUSTEE

ALEXANDRA SLACKPRESIDENT & COO

VIVIAN RIEFBERGTRUSTEE

STEVE GALBRAITHTRUSTEE

ROBERT RUNCIETRUSTEE

MELINDA WOLFETRUSTEE

MARIAN WRIGHT EDELMANTRUSTEE

LESLIE CORNFELDFOUNDER & CEO

LAVERNE SRINIVASANTRUSTEE

JONATHAN BARRYTRUSTEE

JENNY RICKARDTRUSTEE

HENRY MCCANCETRUSTEE

EARL HUNTTRUSTEE

DR ROBERT BALFANZTRUSTEE

DONALD BROWNTRUSTEE

ARNE DUNCANTRUSTEE

ANGELA DUCKWORTHTRUSTEE

About this charity

Recognized since: January 2019
Location: 648 BROADWAY STE 603, NEW YORK, NY 10012-2348
County: New York
In care of: % LESLIE CORNFELD
Primary officer: Leslie Cornfeld, Founder & CEO

How to reach them

WebsiteVisit the charity’s website Emailinfo@edequitylab.org Phone(917) 837-2200

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: APRIO ADVISORY GROUP LLC
NTEE classification: Secondary & High Schools (B25)
IRS tax category: Secondary & High Schools