Ednovate Inc
Profile
Current
(Last updated:
Aug 26, 2026
)
Current Fiscal Year
Fiscal Year Start Date: July 1, 2026
Fiscal Year End Date: June 30, 2027
Projected Revenue: $66,819,194
Projected Expense: $67,674,969
Revenue vs. Expense ($)
Expense Breakdown: 2025 (%)
| Administration Expense | 0% |
| Program Expense | 0% |
| Fundraising Expense | 0% |
Expense Breakdown: 2024 (%)
| Administration Expense | 0.2% |
| Program Expense | 86.7% |
| Fundraising Expense | 0.0% |
Expense Breakdown: 2023 (%)
| Administration Expense | 13.4% |
| Program Expense | 86.2% |
| Fundraising Expense | 0.4% |
990 Tax Form
Tax Year 2025 Form 990 (Fiscal Year ending in 2025)
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Tax Year 2024 Form 990 (Fiscal Year ending in 2024)
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Tax Year 2023 Form 990 (Fiscal Year ending in 2023)
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Tax Year 2022 Form 990 (Fiscal Year ending in 2022)
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Prior Three Years Total Revenue and Expense Totals
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Revenue | - | $62,013,971 | $50,743,071 |
| Total Expenses | - | $55,970,753 | $47,820,127 |
Prior Three Years Revenue Sources
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Foundation and Corporation Contributions | - | - | $1,513,970 |
| Government Contributions | - | $57,780,493 | $49,175,584 |
| Federal | - | - | - |
| State | - | - | - |
| Local | - | - | - |
| Unspecified | - | - | - |
| Individual Contributions | - | - | - |
| Indirect Public Support | - | - | - |
| Earned Revenue | - | - | - |
| Investment Income, Net of Losses | - | $698,005 | $53,217 |
| Membership Dues | - | - | - |
| Special Events | - | - | - |
| Revenue In-Kind | - | - | - |
| Other Revenue | - | $1,016 | $53,517 |
Prior Three Years Expense Allocations by Type
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Program Expense | - | $48,526,526 | $41,223,797 |
| Administration Expense | - | $126,940 | $6,401,198 |
| Fundraising Expense | - | $12,695 | $195,132 |
| Payments to Affiliates | - | - | - |
| Total Revenue/Total Expenses | - | 1.11 | 1.06 |
| Program Expense/Total Expenses | - | 87% | 86% |
| Fundraising Expense/Total Revenue | - | 0% | 0% |
Prior Three Years Assets and Liabilities
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | - | $92,407,545 | $87,955,507 |
| Current Assets | - | $42,806,466 | $85,663,746 |
| Long-Term Liabilities | - | $47,663,619 | - |
| Current Liabilities | - | $10,954,801 | $56,529,192 |
| Total Net Assets | - | $33,789,125 | $27,745,907 |
Short Term Solvency
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Current Assets/Current Liabilities | - | 3.91 | 1.52 |
Long Term Solvency
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Long Term Liabilities/Total Assets | - | 52% | - |
Endowment/Capital Campaigns
Are you currently in a Capital Campaign? Yes
Capital Campaign Purpose:
Growth from 7 to 11 schools
Campaign Goal: -
Capital Campaign Start Date: -
Capital Campaign End Date: -
Capital Campaign Raised-to-Date Amount: -
CONTACT
Ednovate Inc
533 Glendale Blvd
Los Angeles, CA 90026
April Komolmis
Phone: (213) 454-0599