Educational Ventures Inc
- Assets
- $4.6m
- Revenue
- $1.4m
- Investments
- $4.2m
- Employees
- 0
- Location
- Princeton, NJ
- Founding
- 01/1992
- Data as of
- 06/2022
- EIN
- 22-3133067
Organization Overview
Educational Ventures Inc is located in Princeton, NJ. The organization was established in 1992. 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 Ventures 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 06/2022, Educational Ventures Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $992.9k during the year ending 06/2022. While expenses have increased by 1.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Educational Ventures Inc has awarded 353 individual grants totaling $7,186,175. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexandra F Johnston Trustee | 0 | $0 | |
Bradford D Johnston Trustee | 0 | $0 | |
Robert F Johnston President/treasurer/truste | 0 | $0 | |
William M Johnston Trustee | 0 | $0 | |
Lynn D Johnston Secretary/trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $43 |
| Dividends & Interest | $76,426 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,280,035 |
| Capital Gain Net Income | $1,280,035 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $666 |
| Total Revenue | $1,357,170 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $49,728 |
| Total operating and administrative expenses | $50,928 |
| Contributions, gifts, grants paid | $942,000 |
| Total expenses and disbursements | $992,928 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,392 |
| Savings and temporary cash investments | $413,882 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $402,824 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,609,872 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Educational Ventures Inc has awarded $942,000 in support to 56 organizations.
| Grant Recipient | Amount |
|---|---|
Wellsley, MA PURPOSE: GENERAL SUPPORT | $225,000 |
Washington, DC PURPOSE: GENERAL SUPPORT | $200,000 |
PRINCETON UNIVERSITY OFFICE OF DEVELOPMENT PURPOSE: GENERAL SUPPORT | $150,000 |
PRINCETON DAY SCHOOL PURPOSE: GENERAL SUPPORT | $60,000 |
NORTHEASTERN UNIVERISTY PURPOSE: GENERAL SUPPORT | $60,000 |
JED FOUNDATION PURPOSE: GENERAL SUPPORT | $55,000 |
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|---|---|---|
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Chevron Phillips Chemical Co Lp Health & Benefit Tr Veba Pittsburgh, PA | $15,880,618 | $77,964,861 |
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Success Academy Charter Schools Inc New York, NY | $162,966,057 | $99,368,525 |
Inspirittec Inc Philadelphia, PA | $65,630,872 | $75,964,924 |
Baker Hall Lackawanna, NY | $43,415,308 | $53,649,609 |
Pennsylvania Virtual Charter School King Of Prussia, PA | $24,898,829 | $49,068,085 |
Tiegerman School Glen Cove, NY | $36,938,898 | $36,850,171 |
Teach For All Inc New York, NY | $63,275,692 | $50,938,774 |
Pay It Forward Foundation Inc Pittsburgh, PA | $11,909,629 | $29,731,720 |
Lifesteps Inc Butler, PA | $25,871,848 | $32,536,752 |
Lsny Bronx Corporation New York, NY | $9,256,880 | $24,578,698 |