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 rating388 of 49475 of 85
Fund acquisition rating447 of 49480 of 85
Resource allocation rating376 of 49470 of 85
Asset utilization rating176 of 49432 of 85

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20172016201520142013
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%16%18%14%8%8%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%16%18%14%8%8%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%99%99%99%100%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%18%17%17%9%9%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%1%1%1%0%0%
 
Operating ratiosMedian % for
all ministries in
MW database
20172016201520142013
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%75%76%73%83%82%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%89%100%82%87%86%
Program output ratio Program output ratio =
Program services /
Total revenue
81%67%76%60%72%71%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%11%0%18%13%14%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%22%-1%34%34%51%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%6%7%9%8%9%
 
Investing ratiosMedian measure
for all ministries
in MW database
20172016201520142013
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.191.721.931.462.192.92
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.521.041.051.061.111.19
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.311.792.031.542.433.47
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20172016201520142013
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.1249.2817.1323.1619.928.85
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.020.060.040.050.11
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.416.585.577.464.703.07
 
Solvency ratiosMedian % for
all ministries in
MW database
20172016201520142013
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%2%6%4%5%10%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
70%57%49%66%44%31%

Financials

Balance sheet
 
Assets20172016201520142013
Cash$2,646,029$2,261,815$2,284,764$1,392,020$949,348
Receivables, inventories, prepaids$370,786$147,077$93,246$102,275$26,186
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$3,016,815$2,408,892$2,378,010$1,494,295$975,534
Long-term investments$19,005$35,006$57,785$88,505$112,640
Fixed assets$45,374$43,732$26,977$20,203$21,980
Other long-term assets$45,736$45,668$48,907$50,893$48,625
Total long-term assets$110,115$124,406$133,669$159,601$183,245
Total assets$3,126,930$2,533,298$2,511,679$1,653,896$1,158,779
 
Liabilities20172016201520142013
Payables and accrued expenses$61,219$140,653$102,661$75,033$110,288
Other current liabilities$0$0$0$0$0
Total current liabilities$61,219$140,653$102,661$75,033$110,288
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$1,083$5,453$0$0$0
Total long-term liabilities$1,083$5,453$0$0$0
Total liabilities$62,302$146,106$102,661$75,033$110,288
 
Net assets20172016201520142013
Unrestricted$1,907,653$1,072,773$1,521,459$576,162$261,806
Temporarily restricted$1,156,975$1,314,419$887,559$1,002,701$786,685
Permanently restricted$0$0$0$0$0
Net assets$3,064,628$2,387,192$2,409,018$1,578,863$1,048,491
 
Revenues and expenses
 
Revenue20172016201520142013
Total contributions$6,029,241$4,821,076$4,463,466$4,149,045$3,917,887
Program service revenue$49,453$40,816$23,497$1,572$0
Membership dues$0$0$0$0$0
Investment income$1,652$1,758$1,857$5,811$2,223
Other revenue($9,318)$0$0$0$0
Total other revenue$41,787$42,574$25,354$7,383$2,223
Total revenue$6,071,028$4,863,650$4,488,820$4,156,428$3,920,110
 
Expenses20172016201520142013
Program services$4,068,373$3,712,370$2,677,479$2,998,575$2,783,153
Management and general$343,958$323,223$345,969$287,523$289,378
Fundraising$981,261$851,333$635,217$339,958$308,076
Total expenses$5,393,592$4,886,926$3,658,665$3,626,056$3,380,607
 
Change in net assets20172016201520142013
Surplus (deficit)$677,436($23,276)$830,155$530,372$539,503
Other changes in net assets$0$0$0$0$0
Total change in net assets$677,436($23,276)$830,155$530,372$539,503

Response from ministry

No response has been provided by this ministry.


History


Program accomplishments


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