Educational Development Group Inc
- Assets
- $46.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- 09/1991
- Data as of
- 12/2022
- EIN
- 22-3092859
Organization Overview
Educational Development Group Inc is located in Boston, MA. The organization was established in 1991. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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 Development Group 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 12/2022, Educational Development Group Inc generated $165.3k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $128.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.0%) 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE ESOL INSTRUCTION AS WELL AS INTEGRATION SERVICES TO NEWLY ARRIVED IMMIGRANTS.
TO PROVIDE ESOL INSTRUCTION AS WELL AS INTEGRATION SERVICES TO NEWLY ARRIVED IMMIGRANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Program Director | 30 | $42,802 | |
Name Not Listed Executive Director | 15 | $0 | |
Jessica Thomas Board President | 1 | $0 | |
Fiona Ritchie Secretary | 1 | $0 | |
Jean Claude Antoine Director | 1 | $0 | |
Angela Cardoso Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,435 |
| Total Program Service Revenue | $64,711 |
| Membership dues | $0 |
| Investment income | $148 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $165,294 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $10,605 |
| Salaries, other compensation, and employee benefits | $99,715 |
| Professional fees and other payments to independent contractors | $3,101 |
| Occupancy, rent, utilities, and maintenance | $12,306 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,921 |
| Total expenses | $128,648 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $46,392 |
| Other assets | $0 |
| Total assets | $46,392 |
| Total liabilities | $165 |
| Net assets or fund balances | $46,227 |