Educational Ventures Inc
- Assets
- $9.3m
- Revenue
- $738.2k
- Investments
- $8.8m
- Employees
- 0
- Location
- Princeton, NJ
- Founding
- 01/1992
- Data as of
- 06/2023
- 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 06/2023, Educational Ventures Inc generated $738.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $1.0m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Educational Ventures Inc has awarded 404 individual grants totaling $8,148,425. 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 |
|---|---|---|---|
Robert F Johnston President/treasurer/truste | 0 | $0 | |
Lynn D Johnston Secretary/trustee | 1 | $0 | |
Bradford D Johnston Trustee | 0 | $0 | |
Alexandra F Johnston Trustee | 0 | $0 | |
William M Johnston Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,014 |
| Dividends & Interest | $78,849 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $658,367 |
| Capital Gain Net Income | $658,367 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $738,230 |
| 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 | $40,422 |
| Total operating and administrative expenses | $41,672 |
| Contributions, gifts, grants paid | $962,250 |
| Total expenses and disbursements | $1,003,922 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,900 |
| Savings and temporary cash investments | $479,349 |
| 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 | $402,741 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,292,807 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $4,971,351 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,971,351 |
Grants Awarded
Over the last fiscal year, Educational Ventures Inc has awarded $962,250 in support to 51 organizations.
| Grant Recipient | Amount |
|---|---|
AFGHAN GIRLS FINANCIAL ASSISTANCE FUND PURPOSE: GENERAL SUPPORT | $500 |
ARM IN ARM PURPOSE: GENERAL SUPPORT | $250 |
BRENNAN CENTER FOR JUSTICE PURPOSE: GENERAL SUPPORT | $5,000 |
BOYS & GIRLS CLUB OF MERCER COUNTY PURPOSE: GENERAL SUPPORT | $250 |
CITIZENS & SCHOLARS PURPOSE: GENERAL SUPPORT | $25,000 |
CITIZENS CLIMATE PURPOSE: GENERAL SUPPORT | $50,000 |