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National Education Opportunity Network Inc

New York, NY · EIN 833914379 · Form 990 · FY2024 · NTEE B25 · Education · Medium ($1M-$10M) · edequitylab.org
revenue
$8.7M
expenses
$6.9M
net assets
$4.5M
employees
38
volunteers
12
program ratio
80%
mission · from form 990

Propel economic and social mobility for students with a focus on low income and historically underserved students.

profile · synthesized from sources

The National Education Opportunity Network (NEON) delivers college credit-bearing courses at no cost to students in low-income high schools across the United States. It partners with top colleges and universities to expand access to higher education for talented, underserved scholars. NEON operates in 34 states and 190 cities, serving over 60,000 students to date.

named programs · 1 · from sources

What they call their work

College Credit Courses in High School
Delivers college-level, credit-bearing courses to students in Title 1 high schools through partnerships with top colleges and universities, at no cost to students.
activities · 2 groups

What they do

  • College Access and Success Support 1 activity
    • Deliver college credit-bearing courses in low-income high schools
      Provides and supports no-cost college credit-bearing courses to students in over 500 high schools, serving approximately 60,000 scholars annually. Over 80% of participating scholars successfully pass these courses, and NEON scholars enroll in four-year colleges at twice the rate of similarly situated peers.
  • Teacher Professional Development 1 activity
    • Support teacher capacity to impact student post-secondary trajectories
      Builds educator capacity through program support and training, with 93% of teachers reporting that NEON's program changed students' post-secondary education trajectories.
financials · form 990 · fy2024
revenue
Total revenue$8.71M
Contributions & grants$5.19M60%
Program service revenue$3.50M40%
Investment income$16K0%
Other revenue$2K
expenses
Total expenses$6.90M
Program expenses80%
Admin / overhead12%
Fundraising8%
Salaries & benefits$3.90M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$4.57M
Cash$2.57M
Investments$545K
Liabilities$53K
Net assets$4.52M
Liquid reserves5.4 mo
4 years on record · 2020–2024 · YoY revenue +57.8%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 5
NameTitleHours/wkCompensation
Leslie Cornfeld Founder & CEO 40 $270K
Alexandra Slack COO 40 $261K
Laura Moore Chief Higher Ed. Officer 40 $227K
Ariel Murphy-Bedford Chief Academic Officer 40 $213K
Steve Sandak Chief Growth & Data Officer 40 $213K
board members · 14
  • Angela Duckworth — Trustee
  • Arne Duncan — Trustee
  • Donald Brown — Trustee
  • Earl Hunt — Trustee
  • Henry McCance — Trustee
  • Jenny Rickard — Trustee
  • Jonathan Barry — Trustee
  • LaVerne Srinivasan — Trustee
  • Marian Wright Edelman — Trustee
  • Melinda Wolfe — Trustee
  • Robert Runcie — Trustee
  • Steve Galbraith — Trustee
  • Vivian Riefberg — Trustee
  • Wayne Frederick — Trustee
relationships · 1

Who they work with

  • Johns Hopkins University Partner — Conducted analysis supporting NEON scholar outcomes.
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.