Eductional Assistance Fund Inc is located in North Olmsted, OH. According to its NTEE Classification (O12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eductional Assistance Fund 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 12/2023, Eductional Assistance Fund Inc generated $144.7k 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 (12.4%) each year. All expenses for the organization totaled $176.3k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
ASSIST UNDERPRIVILEGED YOUTH TO PAY FOR SCHOOL EXPENSES - SUPPLIES, BOOKS, ETC.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Assad Nassar President | 10 | $0 | |
Diana Nassar Treasurer | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $144,559 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $128 |
Total Revenue | $144,687 |
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 | $1,024 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $175,295 |
Total expenses | $176,319 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $89,476 |
Other assets | $0 |
Total assets | $89,476 |
Total liabilities | $0 |
Net assets or fund balances | $89,476 |