Education 40 Inc
- Assets
- $5.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Wayne, IN
- Founding
- 03/2019
- Data as of
- 12/2021
- EIN
- 81-4932920
Organization Overview
Education 40 Inc is located in Fort Wayne, IN. The organization was established in 2019. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Education 40 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, Education 40 Inc generated $8.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (44.2%) each year. All expenses for the organization totaled $9.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (42.5%) per year over the past 5 years. 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
2021
Describe the Organization's Program Activity:
Part 3
EDUCATION 40 PREVENTS THE ABUSE OF VULNERABLE CHILDREN BY PROVIDING GRANTS TO CHARITABLE ORGANIZATIONS THAT PROVIDE EDUCATION AND VOCATIONAL TRAINING OPPORTUNITIES THAT EMPOWER UNDERPRIVILEGED AND EXPLOITED CHILDREN TO GROW IN RESILIENCE AND INDEPENDENCE WITHIN THEIR OWN CULTURE AND ULTIMATELY FIND SAFE, REWARDING WORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Glen Elliott President | 1 | $0 | |
Bryan Smith Director | 1 | $0 | |
George Toscos Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,079 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $8,079 |
| 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 | $450 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,080 |
| Total expenses | $9,230 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,662 |
| Other assets | $0 |
| Total assets | $5,662 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,662 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Education 40 Inc has recieved totaling $8,079.
| Awarding Organization | Amount |
|---|---|
Destiny Rescue Usa Inc Fort Wayne, IN PURPOSE: RESCUE EFFORTS | $8,079 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Safe Families For Children Alliance Chicago, IL | $3,523,068 | $9,924,305 |
Kemmerer Village Assumption, IL | $56,706,341 | $12,349,244 |
Youth Outreach Services Inc Chicago, IL | $3,395,753 | $8,971,247 |
Child Link Inc Chicago, IL | $3,409,713 | $9,562,984 |
Webster Cantrell Youth Advocacy Decatur, IL | $21,693,833 | $9,427,050 |
Pony Bird Incorporated Mapaville, MO | $15,603,381 | $9,442,187 |
Childplace Inc Jeffersonville, IN | $6,341,415 | $8,802,451 |
Children And Family Services Inc Vincennes, IN | $10,806,359 | $6,531,989 |
Boys & Girls Club Fox Valley Inc Appleton, WI | $26,027,679 | $9,240,725 |
Specialized Alternatives For Families And Youth Of Indiana Inc Ft Wayne, IN | $1,119,505 | $6,622,899 |
Youth Services Network Inc Rockford, IL | $2,979,722 | $6,475,451 |
Bethany For Children & Families Moline, IL | $5,942,675 | $6,874,104 |