NonprofitsEducational Assistance Ltd

Education

Educational Assistance Ltd

WHEATON, IL

Total revenue

$5.6M

Total expenses

$5.9M

Net assets

$2.4M

Grants received

$5K

1 grants

EIN

363166932

Tax year

2024

Mission

The mission of educational assistance ltd. Is to give students with financial needs the opportunity to attend college. With a focus on education and the environment, educational assistance ltd. Extends the useful life of slow-moving and excess inventory donations by redistributing these gifts to 2- and 4-year colleges and universities, including community colleges and tribal institutions helping them lower their operating expenses. In turn, these schools help their students with scholarships enabling them to transform their own lives. Products not suitable for use on campus are recyled, repaired, or converted to cash to fund additional scholarships in the form of cash gifts to partner schools. In 2017, educational assistance ltd. Rebranded as ealgreen to celebrate the success of this circular economy model and the 21,000 students who have received scholarships to date.

Financials

FY 2024

Revenue

Contributions & grants$5.5M
Program service revenue
Investment income$82K
Other revenue
Total revenue$5.6M

Expenses

Grants paid$1M
Salaries & benefits$678K
Fundraising$250K
Other expenses$4.2M
Total expenses$5.9M
Total assets$2.4M
Net assets$2.4M

People

19 listed

NameRoleCompensation

CLAUDIA FREED

President & CEO

Board

$253K

40 hrs/wk

NOEL NAVARRO

Director

Board

2 hrs/wk

BAIRIE NICHOLS

Director

Board

2 hrs/wk

DAVID TRETTER

Director

Board

2 hrs/wk

KAREN BELLING

Chairman

Board

5 hrs/wk

LAUREN WILLIAMS

Director

Board

2 hrs/wk

ELAINE CARTIER

Director

Board

2 hrs/wk

GREG MORRIS

Secretary

Board

2 hrs/wk

SAMUEL NELSON

Director

Board

2 hrs/wk

PAMELA BOZEMAN

Director

Board

2 hrs/wk

STEVE MORRIS

Treasurer

Board

5 hrs/wk

JASON MANNING

VICE CHAIR

Board

2 hrs/wk

RICHARD XU

Director

Board

2 hrs/wk

SAM BEARDEN

Director

Board

2 hrs/wk

TERRY HATFIELD B

Director

Board

2 hrs/wk

HARI PILLAI

Director

Board

2 hrs/wk

STEVE HOSELTON

Prior Treasurer

Board

2 hrs/wk

JAMES WYNN

Staff

$155K

40 hrs/wk

GREGORY MINOR

Staff

$100K

40 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear
$5K
GENERAL/OPERATING
2019

Funded by

$5K from 1 funder · 1 grant · 2019

The Dupage Community Foundation

$5K · 1 grant · 2019

Details

EIN363166932
NTEE codeB82Z
Subsection03
Ruling date1982-05
Formed1982
Employees14
EDUCATIONAL ASSISTANCE LTD — Mission, Financials & Grants Received | Grantivo