education industry association inc is located in Fairfax, VA. education industry association inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 05/2016, education industry association inc generated $16.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (64.4%) each year. All expenses for the organization totaled $38.1k during the year ending 05/2016. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
EIA SERVES AS THE LEADING VOICE FOR EDUCATION ENTREPRENEURS, ADVOCATING FOR THE INTERESTS OF BUSINESSES IN THE PRE K-12 MARKET AND SERVING AS THE KNOWLEDGE CENTER WHICH INTEGRATES BEST PRACTICES AND RESEARCH THAT RAISE STUDENT ACHIEVEMENT THROUGH INNOVATION AND IMPROVEMENT STRATEGIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIGITAL PROMISE IS FOCUSED ON IDENTIFYING KEY OBSTACLES AND POTENTIAL SOLUTIONS FOR THE DISCOVERY AND ACQUISITION OF K-12 PERSONALIZED LEARNING TECHNOLOGY TOOLS. THROUGH CONVERSATIONS WITH SCHOOL DISTRICT OFFICIALS AND THE VENDOR COMMUNITY, EIA CONTINUES TO FORMULATE PROCUREMENT "BEST PRACTICES" TO HELP MAKE THE PROCESS MORE STREAMLINED FOR ALL.
EDVENTURE ANNUAL CONFERENCE - ENTREPRENEURIAL SUCCESS RELIES ON A KEEN AWARENESS OF INDUSTRY TRENDS, AGILITY TO IDENTIFY OPPORTUNITIES THAT CREATE AND SUSTAIN BUSINESS GROWTH, AND VESTED LEADERSHIP FROM INDUSTRY EXPERTS. IT IS PRECISELY THIS LEADERSHIP THAT IS PERHAPS THE HALLMARK OF THE EDUCATION INDUSTRY ASSOCIATION AND THE EDVENTURES CONFERENCE.
EDUCATION INDUSTRY DAYS - EIA'S ANNUAL GATHERING FOR EDUCATION ENTREPRENEURS ALLOWS ATTENDEES TO MEET THE DECISION-MAKERS FROM THE ADMINISTRATION AND THE CONGRESS THAT SHAPE THE POLICIES AFFECTING PRE-K THRU 12 GRADE EDUCATION MARKET.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joseph Olchefske President | OfficerTrustee | 2 | $0 |
Dayna Stewart Vice-President | OfficerTrustee | 2 | $0 |
Tom Schnabel Treasurer | OfficerTrustee | 2 | $0 |
Clement Erbmann Secretary | OfficerTrustee | 2 | $0 |
James Giovannini Executive Director | Officer | 10 | $0 |
Jose Afonso Board Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $13,095 |
Investment income | $1 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $16,382 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $70 |
Fees for services: Accounting | $10,600 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $20,059 |
Advertising and promotion | $0 |
Office expenses | $1,321 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $3,987 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $38,093 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Unrestricted restricted net Assets | $0 |
Temporarily restricted net Assets | $0 |
Permanently restricted net Assets or current funds | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total net assets or fund balances | $0 |
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