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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Strada Education Foundation Inc.

Strada Education Foundation Inc.

Fiscal year ending 2022. Filed on November 15, 2023.

10 West Market Street Suite 1100
Indianapolis, Indiana 46204

Strada Education Foundation Inc. (EIN: 47-3044430) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2022 IRS Form 990 filing, Strada Education Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 30 out of 139 total employees. Among the employees shown here, the average compensation is $406,049. The highest compensated employee at Strada Education Foundation Inc. is William Hansen with fiscal year 2022 compensation of $1,631,677.

Revenue, expenses, and employee compensation

Revenue

$89,606,480

Expenses

$101,647,351

Employee compensation

$28,611,482
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

William Hansen
Former Officer
$1,631,677
$1,631,677 No related compNo other comp
Stephen Moret
CEO and President (BEG 1/1/22)
$1,107,352
$1,033,088 No related comp$74,264
Larry Lutz
Executive Vice President, CORP DEV and Secretary
$883,817
$811,517 No related comp$72,300
Thomas Dawson
Executive Vice President
$867,722
$792,572 No related comp$75,150
Ruth Watkins
Executive Vice President, President POST ED
$766,596
$701,129 No related comp$65,467
Michael Austin
Senior Vice President, OPER Plan/Analysis and Inter CFO
$740,789
$665,639 No related comp$75,150
David Clayton
Senior Vice President, Consumer Insights
$618,904
$545,404 No related comp$73,500
Jessica Hinkle
Senior Vice President, Strategic Investments
$600,560
$525,410 No related comp$75,150
Thomas R Ertel
Senior Vice President and CAO
$560,354
$510,857 No related comp$49,497
Leonard Gurin
Senior Vice President, Investments
$554,153
$483,331 No related comp$70,822
Terry Holloway
Former Officer
$535,174
$462,874 No related comp$72,300
Courtney McBeth
Senior Vice President, Chief Program Officer
$503,107
$430,207 No related comp$72,900

Benchmark Employee Compensation

Non-Employee Board Members

No board members were reported during this fiscal year.

Contractors

Mckinsey Company
Consulting
$4,800,000
Westat Inc.
Consulting
$1,001,742
Mcneely Law LLP
Legal
$457,395
Mycontroller LLC
Accounting
$454,755
Spitfire Strategies LLC
Communication
$445,851

Mission Statement

STRADA EDUCATION FOUNDATION, INC. ("STRADA") DEVELOPS AND SUPPORTS PROGRAMS, POLICIES, AND ORGANIZATIONS THAT STRENGTHEN CONNECTIONS BETWEEN EDUCATION AND OPPORTUNITY IN THE U.S., WITH A SPECIAL FOCUS ON HELPING THOSE WHO FACE THE GREATEST CHALLENGES SECURING OPPORTUNITY THROUGH POSTSECONDARY EDUCATION OR TRAINING. STRADA'S WORK IS GROUNDED IN FIVE FOCUS AREAS: CLEAR OUTCOMES, QUALITY COACHING, AFFORDABILITY, WORK-BASED LEARNING, AND EMPLOYER ALIGNMENT (THE "FOCUS AREAS").

Revisions to this organization profile

November 17, 2025:
2024 Strada Education Foundation Inc. 990 filed
November 15, 2024:
2023 Strada Education Foundation Inc. 990 filed
November 15, 2023:
2022 Strada Education Foundation Inc. 990 filed

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