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The Motivational Edge Inc

RegisteredEIN 26-2916391Miami, FLEducation and training
Income$1.5m2023-06
Spending$1.3msame year
Spent / received104%5-year average
Size in its cause79th pctEducation and training
Exempt since2009Publicly supported organisat
Employees8latest return

Analysis

The Motivational Edge Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Motivational Edge Inc reported income of $1.5m and spending of $1.3m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $840k to $1.5m (+74%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 71%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Motivational Edge Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Friends of Education ($1.5m), Forest Hills PTO & Boosters Council ($1.5m) and McKenzie Montessori Institute Incorporated ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $76k (5.6% of expenses). Other salaries and wages came to $268k. At year end it held assets of $1.0m against liabilities of $1.1m, net assets of -$100k. It reported 8 employees.

Income and spending

$0$366k$732k$1.1m$1.5m2019 Income: $839,6782019 Spending: $791,65920192020 Income: $1,027,1962020 Spending: $1,017,61420202021 Income: $1,160,1912021 Spending: $1,184,64820212022 Income: $856,6922022 Spending: $1,195,24620222023 Income: $1,464,5862023 Spending: $1,349,2072023
IncomeSpending

Where the income comes from

  • Contributions & grants 98%
  • Other 1.7%

Similar-sized charities, same cause

CharityLocationIncome
Friends of EducationMaple Grove$1.5m
Forest Hills PTO & Boosters CouncilGrand Rapids$1.5m
McKenzie Montessori Institute IncorporatedSpringfield$1.5m
Unity Christian SchoolClinton$1.5m