Edify

Summary

We partner with education entrepreneurs who own low-fee independent Christ-centered schools in 11 different countries. Edify places a strong focus on training school leaders and teachers to provide a biblically-based, high-quality education and develop Christ-like character in students. We also come alongside school leaders and teach necessary skills that will help them manage efficient and sustainable schools. Edify offers school owners access to lending capital so they can improve and expand their facilities and provides schools with access to education technology for the classroom, specifically focusing on tools for literacy and critical thinking skills.


Contact information

Mailing address:
Edify
8825 Aero Drive #220
San Diego, CA 92123

Website: edify.org

Phone: 855-463-3439

Email: communications@edify.org


Organization details

EIN: 270892545

CEO/President: Tiger Dawson

Chairman: Chris Crane

Board size: 8

Founder: Chris Crane and Tiger Dawson

Year founded: 2009

Tax deductible: Yes

Fiscal year end: 09/30

Member of ECFA: Yes

Member of ECFA since: 2019


Purpose

Our vision is flourishing godly nations.


Mission statement

Our mission is to improve an expand sustainable Christ-centered education globally.


Statement of faith

We Believe: "The time has come", Jesus said. "The kingdom of God is near. Repent and believe the good news" (Mark 1:15) "All Scripture is God-breathed and is useful for teaching, rebuking, correcting and training in righteousness, so that the servants of God may be thoroughly equipped for every good work." (2 Timothy 3:16-17) The Apostles' Creed I believe in God, the Father Almighty, creator of heaven and earth. I believe in Jesus Christ, his only Son, our Lord, who was conceived by the Holy Spirit, born of the Virgin Mary, suffered under Pontius Pilate, was crucified, died, and was buried; he descended to the dead. On the third day he rose again; he ascended into heaven, is seated at the right hand of the Father, and will come again to judge the living and the dead. I believe in the Holy Spirit, the holy catholic** church, the communion of saints, the forgiveness of sins, the resurrection of the body, and the life everlasting. Amen. **universal

Transparency grade

This ministry has not been assigned a transparency grade.

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating534 of 66472 of 88
Fund acquisition rating633 of 66683 of 88
Resource allocation rating506 of 66671 of 88
Asset utilization rating229 of 66432 of 88

Financial ratios

Funding ratiosSector median20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%17%16%18%14%8%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%17%16%18%14%8%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%99%99%99%99%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%17%18%17%17%9%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%1%1%1%1%0%
 
Operating ratiosSector median20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%77%75%76%73%83%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%99%89%100%82%87%
Program output ratio Program output ratio =
Program services /
Total revenue
82%77%67%76%60%72%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%1%11%0%18%13%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%2%22%-1%34%34%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%5%6%7%9%8%
 
Investing ratiosSector median20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.371.921.721.931.462.19
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.371.011.041.051.061.11
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.181.941.792.031.542.43
 
Liquidity ratiosSector median20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.5835.9949.2817.1323.1619.92
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.030.020.060.040.05
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.106.026.585.577.464.70
 
Solvency ratiosSector median20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%3%2%6%4%5%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
64%51%57%49%66%44%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$2,904,566$2,646,029$2,261,815$2,284,764$1,392,020
Receivables, inventories, prepaids$273,677$370,786$147,077$93,246$102,275
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$3,178,243$3,016,815$2,408,892$2,378,010$1,494,295
Long-term investments$4,002$19,005$35,006$57,785$88,505
Fixed assets$26,812$45,374$43,732$26,977$20,203
Other long-term assets$0$45,736$45,668$48,907$50,893
Total long-term assets$30,814$110,115$124,406$133,669$159,601
Total assets$3,209,057$3,126,930$2,533,298$2,511,679$1,653,896
 
Liabilities20182017201620152014
Payables and accrued expenses$88,321$61,219$140,653$102,661$75,033
Other current liabilities$0$0$0$0$0
Total current liabilities$88,321$61,219$140,653$102,661$75,033
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$1,083$5,453$0$0
Total long-term liabilities$0$1,083$5,453$0$0
Total liabilities$88,321$62,302$146,106$102,661$75,033
 
Net assets20182017201620152014
Unrestricted$1,865,811$1,907,653$1,072,773$1,521,459$576,162
Temporarily restricted$1,254,925$1,156,975$1,314,419$887,559$1,002,701
Permanently restricted$0$0$0$0$0
Net assets$3,120,736$3,064,628$2,387,192$2,409,018$1,578,863
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$6,149,573$6,029,241$4,821,076$4,463,466$4,149,045
Program service revenue$59,420$49,453$40,816$23,497$1,572
Membership dues$0$0$0$0$0
Investment income$1,736$1,652$1,758$1,857$5,811
Other revenue$0($9,318)$0$0$0
Total other revenue$61,156$41,787$42,574$25,354$7,383
Total revenue$6,210,729$6,071,028$4,863,650$4,488,820$4,156,428
 
Expenses20182017201620152014
Program services$4,753,866$4,068,373$3,712,370$2,677,479$2,998,575
Management and general$325,802$343,958$323,223$345,969$287,523
Fundraising$1,074,953$981,261$851,333$635,217$339,958
Total expenses$6,154,621$5,393,592$4,886,926$3,658,665$3,626,056
 
Change in net assets20182017201620152014
Surplus (deficit)$56,108$677,436($23,276)$830,155$530,372
Other changes in net assets$0$0$0$0$0
Total change in net assets$56,108$677,436($23,276)$830,155$530,372

Response from ministry

No response has been provided by this ministry.


History


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