Private Foundation

Modern States Education Alliance Inc

Modern States Education Alliance Inc is a private foundation categorized as Private Foundation based in NEW YORK, NY. Its most recent IRS filing (2024) reports revenue of $7.1M, expenses of $6.1M, total assets of $3.9M. Imperigo tracks 7 reported grants from this foundation totaling approximately $13.8M.

EIN: 471018924 NEW YORK, NY Educational Services NTEE: B90 Latest filing: 2024
Total Revenue$7.1M
Total Expenses$6.1M
Total Assets$3.9M
Grants Given7
Grant Total$13.8M
Filing Years2020–2024

Where $100 goes at Modern States Education Alliance Inc

How Modern States Education Alliance Inc divides every $100 it spends, from its own Form 990 filings.

$97 Programs the work itself
$3 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $97 for programs

$97
Modern States initial program, Freshman Year for Free, is intended to let students complete one year of college without expense, saving 25 percent of the total cost of…
All program spending
Share on LinkedIn Share on Facebook
Add this to your website

Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Before you apply to Modern States Education Alliance Inc

Accepts applications Published application instructions on its 2024 Form 990-PF.

Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.

Sample Grants Given

Clep exam fee program - Individual Recipients
NEW YORK, NY · 2024
Reimbursement to approximately 49,864 individuals for CLEP Exam fees incurred during 2024.
$3,596,990
Clep exam fee program - Individual Recipients
NEW YORK, NY · 2023
Reimbursement to approximately 43,268 individuals for CLEP Exam fees incurred during 2023.
$3,066,357
Clep exam fee program - Individual Recipients
NEW YORK, NY · 2022
Reimbursement to approximately 23,622 individuals for CLEP Exam fees incurred during 2022.
$2,271,664
Clep exam fee program - Individual Recipients
NEW YORK, NY · 2021
Reimbursement to approximately 22,171 individuals for CLEP Exam fees incurred during 2021.
$1,981,282
Clep exam fee program - Individual Recipients
NEW YORK, NY · 2020
Reimbursement to approximately 19,953 individuals for CLEP Exam fees incurred during 2020.
$1,328,215

Showing up to 5 of 7 total records — full history available with membership.

Officers & Directors

director Adam Weinstein
director Adele Malpass
DIRECTOR David Vise
director Elizabeth Dennis
DIRECTOR Fred Salerno
director Lawrence Jackson

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$5,320 1 grant
Unspecified
$13,804,096 6 grants

Financial Trends

Year Revenue Expenses Assets
2024 $7.1M $6.1M $3.9M
2023 $8.1M $5.2M $2.9M
2022 $3.3M $3.7M $132K
2021 $2.8M $3.2M $401K
2020 $2.2M $1.9M $698K

Between 2020 and 2024, reported annual revenue grew from $2.2M to $7.1M (+229%), with total assets most recently reported at $3.9M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in FL, NY.

FLNY

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for Modern States Education Alliance Inc

Complete financials, all 7 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
7-day free trial Cancel any time