Educate Lanka Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Raising each dollar of donations cost 103 cents.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
With a firm belief and realization that while talent is universal, opportunity is not, Educate Lanka envisions a world in which opportunities are universal for everyone. It strides towards its vision of democratizing opportunity and unearthing talent and potential of every student by creating a pathway of opportunities that empowers the socioeconomically marginalized with enhanced access to quality and equitable schooling, learning, and employment. Educate Lanka accomplishes these goals through long-term micro-scholarship funding for the marginalized and complementary learning opportunities and exposure through project-based skills and professional development programs.
- Income
- $141,292
- Spending
- $280,828
- Spent on programs
- 80%
- Reserves
- 6.1 months of spending
- Largest source of income
- fees for its services, 71%
- Employees
- 0
- Volunteers
- 40
- Highest pay
- $126,000, executive director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 63 out of 100. Higher than 26% of charities in its peer group (education, under $250k).
Reserves
28 of 35Spendable reserves would cover 6.1 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 99% of income.
Income trend
15 of 15Income rose 41% on the year before.
Spending floor
0 of 1580% of spending went to programs and raising each dollar of donations cost 103 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 74 out of 100. Higher than 69% of charities in its peer group (education, under $250k).
Independent board
18 of 254 of 4 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $122,600 spent. Micro-scholarship funding to high-potential children and youth from socioeconomically marginalized backgrounds in Sri Lanka (Educate Lanka Scholars).
- $42,053 spent. Foundational social emotional learning skills and professional development training programs for the socioeconomically marginalized students in Sri Lanka (Educate Lanka Scholars).
- $59,062 spent. Overall direct program servicing activities and portion of administrative efforts in advancing the organization's core mission of providing access to equitable and inclusive learning opportunities for the socioeconomically marginalized.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on September 15, 2010 for not filing returns for three years, and reinstated on September 15, 2010.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 2013.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: Educational Foundation Inc (Chapel Hill, NC), EIN 56-6058412. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.