Educational Community Inc
- Assets
- $328.3k
- Revenue
- $149.6k
- Investments
- $53.8k
- Employees
- 0
- Location
- East Hartford, CT
- Founding
- 03/2008
- Data as of
- 12/2021
- EIN
- 03-0392088
Organization Overview
Educational Community Inc is located in East Hartford, CT. The organization was established in 2008. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Educational Community Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Educational Community Inc generated $149.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.1% each year . All expenses for the organization totaled $5.1k during the year ending 12/2021. While expenses have increased by 30.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Pet MD Director | 16 | $0 | |
Marilyn Pet Esquire Director | 0 | $0 | |
Pacey Pet MD Director | 0 | $0 | |
L Russell Pet MD Director | 0 | $0 | |
Asher Pet Ba MA Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $43,135 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $103,256 |
| Capital Gain Net Income | $103,256 |
| Net ST Capital Gain | $103,256 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,212 |
| Total Revenue | $149,603 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $106 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $106 |
| Contributions, gifts, grants paid | $5,000 |
| Total expenses and disbursements | $5,106 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $272,967 |
| Savings and temporary cash investments | $629 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $53,763 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $956 |
| Other assets | $0 |
| Total assets | $328,315 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $51,803 |
| Total liabilities | $51,803 |
Grants Awarded
Over the last fiscal year, Educational Community Inc has awarded $483 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: CONTRIBUTION - TO FURTHER THE TAX EXEMPT PURPOSE OF THE ORGANIZATION | $280 |
NUCLEAR AGE PEACE FOUNDATION PURPOSE: CONTRIBUTION - TO FURTHER THE TAX EXEMPT PURPOSE OF THE ORGANIZATION | $103 |
Forest Hills, NY PURPOSE: CONTRIBUTION - TO FURTHER THE TAX EXEMPT PURPOSE OF THE ORGANIZATION | $100 |
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