Educational Properties Inc
- Assets
- $254.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 10/2010
- Data as of
- 12/2020
- EIN
- 27-0953344
Organization Overview
Educational Properties Inc is located in New Orleans, LA. The organization was established in 2010. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Educational Properties 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 12/2020, Educational Properties Inc generated $485.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (73.2%) each year. All expenses for the organization totaled $26.7k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
ALL OTHER ACCOMPLSHMENT PROGRAM SERVCIES - OBTANINING FINANCING FOR PUBLIC CHARTER SCHOOL LAND AND BUILDINGS AND ACQUIRING AND DEVELOPING THIS PROPERTY TO BE USED BY CHARTER SCHOOLS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sean Elder Treasurer | 1 | $0 | |
Kathleen Padian President | 1 | $0 | |
John Breyer Secretary | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Black-dewllc Construction | 12/30/15 | $415,716 |
Guaranty Commercial Title Inc Closing & Const | 12/30/15 | $157,545 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $45 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $440 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $485 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $25,484 |
| Occupancy, rent, utilities, and maintenance | $1,206 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $26,690 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $254,748 |
| Other assets | $0 |
| Total assets | $254,748 |
| Total liabilities | $98,404 |
| Net assets or fund balances | $156,344 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Redesign Schools Louisiana Baton Rouge, LA | $2,219,135 | $10,040,399 |
Learn Lonestar Education And Research Network Lubbock, TX | $26,698,796 | $7,275,450 |
Learning Forward Richardson, TX | $5,036,186 | $5,068,048 |
Wilco Montessori Partners Georgetown, TX | $1,123,507 | $4,175,636 |
Catalyst Education New Orleans, LA | $4,849,256 | $2,637,014 |
Orchard Foundation Alexandria, LA | $7,454,172 | $2,296,059 |
Bowling Green School Franklinton, LA | $5,239,494 | $3,010,264 |
Belle Chasse Educational Foundation Belle Chasse, LA | $18,141,077 | $278,082 |
Trojan Real Properties Inc Addison, TX | $21,854,020 | $3,395,133 |
Fueled Schools Inc Houston, TX | $1,418,156 | $1,394,896 |
Lobaki Foundation Jackson, MS | $5,726 | $795,808 |
Advisory Board Booker T Washington H S For Performing And Visual Arts Dallas, TX | $6,594,999 | $1,005,542 |