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Incharge Education Foundation Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Human Services — Multipurpose and Other / Financial Counseling, Money Management (NTEE)

Donations to this organization are tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$7.41M (2023)

Expenses
$6.02M (2023)

Total Assets
$8.05M (2023)

Total Liabilities
$286k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,406,036
Expenses
$6,015,204
Net Income
$1,390,832
Net Assets
$7,763,871
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,341,494
99.1%
Investment Income $129,678
1.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $11,033
0.1%
Net Fundraising $0
Sales of Assets -$76,169
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $230,933
3.8%
Professional Fundraising Fees $0
Other Salaries and Wages $2,332,121
38.8%
Assets/Debt
Total Assets $8,050,094
Total Liabilities $286,223
Net Assets $7,763,871
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Karen Carlson (Sr. Dir. Of Educ/Dig. Mkt.) $188,874 $0 $30,667
Ricardo Viera (Sr. Dir. Of Information Tech.) $158,659 $0 $30,396
Shawn Walsh (Sr. Dir. Of Business Dev.) $154,226 $0 $32,350
Billy Sexton (Network Administrator) $122,273 $0 $15,544
Ahmed Moyeen (Sr. Software Engineer) $119,213 $0 $15,357
Sherana Bakhsh (Bus. Sys. Analyst/Qa Lead) $113,018 $0 $7,928
Monette P Mudie (Sr. Software Engineer) $110,597 $0 $19,832
Robert Smith (Ms Sql Database & Bi Developer) $105,062 $0 $13,472
Seiji Shiraishi (Dir. Of Accounting And Finance) $101,554 $35,219 $29,251
Richard Anderson (Trustee Until March) $0 $0 $0
James Harris (Trustee) $0 $0 $0
Robert Gall (Trustee As Of June) $0 $0 $0
Tim Blythe (Trustee As Of June) $0 $0 $0
William R Malseed (President Until May) $0 $129,815 $10,387
Etta W Money (Secretary/Treasurer Until May) $0 $214,007 $25,206
Loretta Roney (President & Ceo As Of June) $0 $224,219 $9,006

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,191,200
Expenses
$5,221,635
Net Income
-$30,435
Net Assets
$5,272,935
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,134,330
98.9%
Investment Income $95,678
1.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$38,808
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $138,586
2.7%
Professional Fundraising Fees $0
Other Salaries and Wages $2,069,557
39.6%
Assets/Debt
Total Assets $5,398,425
Total Liabilities $125,490
Net Assets $5,272,935
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Karen Carlson (Sr. Dir. Of Educ/Dig. Mkt.) $179,570 $0 $29,243
Shawn Walsh (Sr. Dir. Of Business Dev.) $158,233 $0 $22,360
Billy Sexton (Network Administrator) $113,035 $0 $13,706
Ahmed Moyeen (Sr. Software Engineer) $112,200 $0 $14,964
Sherana Bakhsh (Bus. Sys. Analyst/Qa Lead) $109,831 $0 $7,791
Robert Darroch (Senior Software Engineer) $100,301 $0 $5,643
Richard Anderson (Trustee) $0 $0 $0
James Harris (Trustee) $0 $0 $0
Robert Gall (Trustee Until March 2022) $0 $0 $0
William R Malseed (President) $0 $239,157 $12,729
Etta W Money (Secretary/Treasurer) $0 $418,106 $30,873
Soraia Dearaujo (Vp Of Operations) $0 $230,108 $24,319

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,772,648
Expenses
$4,966,259
Net Income
-$193,611
Net Assets
$5,902,719
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,538,925
95.1%
Investment Income $147,998
3.1%
Bond Proceeds $0
Royalties $4,000
0.1%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $81,725
1.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $94,900
1.9%
Professional Fundraising Fees $0
Other Salaries and Wages $2,366,731
47.7%
Assets/Debt
Total Assets $6,139,493
Total Liabilities $236,774
Net Assets $5,902,719
Compensation
Key Employees and Officers Compensation Related Other
Sally Ericksen (Sr. Director Of It) $155,994 $0 $22,909
Karen Carlson (Sr. Dir. Of Educ/Dig. Mkt.) $150,097 $0 $22,972
Robert Darroch (Senior Software Engineer) $127,771 $0 $7,629
Ahmed Moyeen (Sr. Software Engineer) $110,008 $0 $13,694
Sherana Bakhsh (Bus. Sys. Analyst/Qa Lead) $109,105 $0 $7,793
Richard Anderson (Trustee) $0 $7,500 $0
James Harris (Trustee) $0 $0 $0
Robert Gall (Trustee) $0 $0 $0
William R Malseed (President) $0 $269,520 $14,425
Etta W Money (Secretary/Treasurer) $0 $417,910 $30,464
Soraia Dearaujo (Vp Of Operations) $0 $233,172 $23,270
Shawn Walsh (Sr. Dir. Of Business Dev.) $0 $116,855 $22,252

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,105,406
Expenses
$4,134,139
Net Income
-$28,733
Net Assets
$6,202,163
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,012,913
97.7%
Investment Income $136,272
3.3%
Bond Proceeds $0
Royalties $12,000
0.3%
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$55,779
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $94,958
2.3%
Professional Fundraising Fees $0
Other Salaries and Wages $1,751,711
42.4%
Assets/Debt
Total Assets $6,605,610
Total Liabilities $403,447
Net Assets $6,202,163
Compensation
Key Employees and Officers Compensation Related Other
Karen Carlson (Sr. Dir. Of Educ/Dig. Mkt.) $153,796 $0 $21,960
Robert Darroch (Senior Software Engineer) $125,360 $5,627 $12,985
Sherana Bakhah (Bus. Sys. Analyst/Qa Lead) $108,215 $4,931 $7,268
Ahmed Moyeen (Sr. Software Engineer) $105,278 $4,987 $13,103
Billy Sexton (Network Administrator) $103,008 $4,914 $13,007
Richard Anderson (Trustee) $0 $10,550 $0
James Harris (Trustee) $0 $550 $0
Robert Gall (Trustee) $0 $0 $0
William R Malseed (President) $0 $296,114 $13,951
Etta W Money (Secretary/Treasurer) $0 $460,366 $28,204
Shawn Walsh (Sr. Dir. Of Business Dev.) $0 $122,318 $20,832

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,484,488
Expenses
$832,086
Net Income
$652,402
Net Assets
$6,039,079
Notable Sources of Revenue Percent of Total Revenue
Contributions $447,252
30.1%
Program Services $848,834
57.2%
Investment Income $153,425
10.3%
Bond Proceeds $0
Royalties $12,000
0.8%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $22,977
1.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $40,023
4.8%
Professional Fundraising Fees $0
Other Salaries and Wages $439,045
52.8%
Assets/Debt
Total Assets $6,078,239
Total Liabilities $39,160
Net Assets $6,039,079
Compensation
Key Employees and Officers Compensation Related Other
Etta W Money (Secretary/Treasurer) $20,358 $318,935 $65,974
William R Malseed (President) $16,231 $186,652 $29,443
Richard Anderson (Trustee) $325 $10,325 $0
James Harris (Trustee) $325 $325 $0
Robert Gall (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,778,603
Expenses
$856,123
Net Income
$922,480
Net Assets
$5,127,678
Notable Sources of Revenue Percent of Total Revenue
Contributions $670,907
37.7%
Program Services $906,037
50.9%
Investment Income $141,278
7.9%
Bond Proceeds $0
Royalties $12,000
0.7%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $48,381
2.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $14,562
1.7%
Professional Fundraising Fees $0
Other Salaries and Wages $347,733
40.6%
Assets/Debt
Total Assets $5,160,224
Total Liabilities $32,546
Net Assets $5,127,678
Compensation
Key Employees and Officers Compensation Related Other
Etta W Money (Secretary/Treasurer) $6,696 $328,095 $35,682
William R Malseed (President) $5,750 $185,925 $28,382
James Harris (Trustee) $750 $750 $0
Richard Anderson (Trustee) $350 $10,350 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$734,441
Expenses
$824,817
Net Income
-$90,376
Net Assets
$4,467,412
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,508
1.0%
Program Services $609,982
83.1%
Investment Income $116,827
15.9%
Bond Proceeds $0
Royalties $12,000
1.6%
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$11,876
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $14,421
1.7%
Professional Fundraising Fees $0
Other Salaries and Wages $331,461
40.2%
Assets/Debt
Total Assets $4,563,414
Total Liabilities $96,002
Net Assets $4,467,412
Compensation
Key Employees and Officers Compensation Related Other
Etta W Money (Secretary/Treasurer) $6,544 $320,638 $35,257
William R Malseed (President) $5,640 $182,376 $28,579
James Harris (Trustee) $350 $350 $0
Richard Anderson (Trustee) $325 $10,325 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$828,679
Expenses
$864,916
Net Income
-$36,237
Net Assets
$4,448,520
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,782
0.8%
Program Services $708,882
85.5%
Investment Income $98,848
11.9%
Bond Proceeds $0
Royalties $12,000
1.4%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,167
0.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $20,212
2.3%
Professional Fundraising Fees $0
Other Salaries and Wages $254,953
29.5%
Assets/Debt
Total Assets $4,471,795
Total Liabilities $23,275
Net Assets $4,448,520
Compensation
Key Employees and Officers Compensation Related Other
Etta W Money (Secretary/Treasurer) $6,554 $321,170 $34,336
Richard Anderson (Trustee) $6,171 $6,171 $0
William R Malseed (President) $5,381 $174,015 $27,365
James Harris (Trustee) $598 $598 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$650,521
Expenses
$536,815
Net Income
$113,706
Net Assets
$4,441,040
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,348
0.8%
Program Services $460,950
70.9%
Investment Income $108,953
16.7%
Bond Proceeds $0
Royalties $12,000
1.8%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $63,270
9.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $19,303
3.6%
Professional Fundraising Fees $0
Other Salaries and Wages $238,840
44.5%
Assets/Debt
Total Assets $4,455,923
Total Liabilities $14,883
Net Assets $4,441,040
Compensation
Key Employees and Officers Compensation Related Other
Richard Anderson (Trustee) $8,575 $17,150 $0
Etta W Money (Secretary/Treasurer) $5,579 $273,366 $32,276
William R Malseed (President) $5,024 $162,467 $25,499
Lonnie Ritzer (Trustee) $125 $250 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$525,156
Expenses
$2,505,546
Net Income
-$1,980,390
Net Assets
$4,445,955
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,000
1.1%
Program Services $385,571
73.4%
Investment Income $114,578
21.8%
Bond Proceeds $0
Royalties $12,000
2.3%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $7,007
1.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $24,338
1.0%
Professional Fundraising Fees $0
Other Salaries and Wages $258,749
10.3%
Assets/Debt
Total Assets $4,484,640
Total Liabilities $38,685
Net Assets $4,445,955
Compensation
Key Employees and Officers Compensation Related Other
Etta W Money (Treasurer) $19,222 $941,883 $31,891
Jodi Mcgregor (Secretary) $9,665 $473,581 $28,352
Richard Anderson (Trustee) $8,533 $17,067 $0
William R Malseed (President) $4,782 $154,607 $25,677
Lonnie Ritzer (Trustee) $150 $300 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$559,376
Expenses
$612,985
Net Income
-$53,609
Net Assets
$6,336,714
Notable Sources of Revenue Percent of Total Revenue
Contributions $53,010
9.5%
Program Services $401,500
71.8%
Investment Income $120,647
21.6%
Bond Proceeds $0
Royalties $12,000
2.1%
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$27,781
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $54,039
8.8%
Professional Fundraising Fees $0
Other Salaries and Wages $274,300
44.7%
Assets/Debt
Total Assets $6,377,577
Total Liabilities $40,863
Net Assets $6,336,714
Compensation
Key Employees and Officers Compensation Related Other
Jodi Mcgregor (Secretary) $20,330 $182,978 $12,488
William R Malseed (President) $16,984 $152,856 $9,087
Florrie Yee (Senior Director Of It) $14,416 $129,740 $8,131
Richard F Anderson (Trustee) $8,540 $17,080 $0
Etta W Money (Treasurer) $7,977 $257,932 $30,708
Lonnie Ritzer (Trustee) $207 $413 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$833,240
Expenses
$880,083
Net Income
-$46,843
Net Assets
$7,357,736
Notable Sources of Revenue Percent of Total Revenue
Contributions $114,370
13.7%
Program Services $633,344
76.0%
Investment Income $75,526
9.1%
Bond Proceeds $0
Royalties $10,000
1.2%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $50,725
5.8%
Professional Fundraising Fees $0
Other Salaries and Wages $344,220
39.1%
Assets/Debt
Total Assets $7,437,324
Total Liabilities $79,588
Net Assets $7,357,736

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,307,705
Expenses
$2,665,883
Net Income
$641,822
Net Assets
$7,424,946
Notable Sources of Revenue Percent of Total Revenue
Contributions $41,130
1.2%
Program Services $3,187,843
96.4%
Investment Income $78,732
2.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $104,384
3.9%
Professional Fundraising Fees $0
Other Salaries and Wages $1,172,345
44.0%
Assets/Debt
Total Assets $7,498,471
Total Liabilities $73,525
Net Assets $7,424,946

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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