The Motivational Edge Inc
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
Where the income comes from
- Contributions & grants 98%
- Other 1.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Friends of Education | Maple Grove | $1.5m |
| Forest Hills PTO & Boosters Council | Grand Rapids | $1.5m |
| McKenzie Montessori Institute Incorporated | Springfield | $1.5m |
| Unity Christian School | Clinton | $1.5m |