Educational Perspectives Nfp
- Assets
- $509.8k
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 26
- Location
- Chicago, IL
- Founding
- 04/2003
- Data as of
- 12/2021
- EIN
- 30-0092203
Organization Overview
Educational Perspectives Nfp is located in Chicago, IL. The organization was established in 2003. According to its NTEE Classification (Q05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Educational Perspectives Nfp employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Educational Perspectives Nfp 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, Educational Perspectives Nfp generated $1.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATIONAL PERSPECTIVES PREPARES WRITTEN ASSESSMENTS OF NON-US EDUCATIONAL CREDENTIALS SO THAT NON-US EDUCATED INDIVIDUALS CAN HAVE THEIR EDUCATION RECOGNIZED FOR ADMISSION TO HIGHER EDUCATION, BE LICENSED IN A PROFESSION OR EMPLOYED IN THE US. ADDITIONALLY, WE PROVIDE TRAINING TO GOVERNMENTAL AGENCIES, LICENSING BODIES, COLLEGES AND UNIVERSITIES SO THAT THEY CAN DO SIMILAR WORK ON THEIR OWN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PREPARING WRITTEN ASSESSMENTS OF NON-US EDUCATIONAL CREDENTIALS FOR INDIVIDUALS SEEKING ADMISSION TO HIGHER EDUCATION, PROFESSIONAL LICENSURE, EMPLOYMENT OR IMMIGRATION. THE ASSESSMENTS HELP SECONDARY AND HIGHER EDUCATION ADMISSION STAFF TO MAKE APPROPRIATE ADMISSION DECISIONS AND ASSIST STATE/LOCAL/NATIONAL GOVERNMENTAL AND PROFESSIONAL LICENSURE BODIES IN MAKING LICENSING DECISIONS.
PROVIDED PROFESSIONAL DEVELOPMENT TRAINING TO UNIVERSITY ADMISSIONS PROFESSIONALS THROUGH ATTENDANCE AND PARTICIPATION IN PROFESSIONAL CONFERENCES/MEETINGS AT MULTIPLE LOCATIONS FOR EMPLOYEES OF NON-PROFIT/STATE HIGHER EDUCATION INSTITUTIONS AS A FREE PUBLIC SERVICE. PROGRAMS CONSISTED OF TRAINING ON FRAUD DETECTION, FOREIGN EDUCATIONAL CREDENTIAL EVALUATIONS, ADMISSIONS "BEST PRACTICES", AND NON-US PROFESSIONAL EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Warren President | OfficerTrustee | 40 | $138,760 |
Bernard Ramos Director | OfficerTrustee | 40 | $90,000 |
Jessica Stannard Director | Trustee | 0.5 | $0 |
Pamela Harrod Director | Trustee | 0.5 | $0 |
Rosemary Max Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,660,132 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,838,374 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $122 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $228,760 |
| Compensation of current officers, directors, key employees. | $114,380 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $671,324 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $169,472 |
| Payroll taxes | $72,095 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,029 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $56,616 |
| Advertising and promotion | $5,070 |
| Office expenses | $146,275 |
| Information technology | $37,811 |
| Royalties | $0 |
| Occupancy | $304,690 |
| Travel | $2,961 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,524 |
| Interest | $804 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,680 |
| Insurance | $9,262 |
| All other expenses | $0 |
| Total functional expenses | $1,759,821 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $282,395 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $75,930 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $9,675 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $141,839 |
| Total assets | $509,839 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $53,337 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $42,238 |
| Total liabilities | $95,575 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $414,264 |
| Total liabilities and net assets/fund balances | $509,839 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chicago Council On Global Affairs Chicago, IL | $40,337,012 | $8,510,875 |
Educational Perspectives Nfp Chicago, IL | $509,839 | $1,838,374 |
World Affairs Council Of St Louis Saint Louis, MO | $45,672 | $128,850 |
Institute For Research And Education On Human Rights Inc Kansas City, MO | $34,510 | $0 |
International Model United Nations Assoc Inc Saint Louis, MO | $905,719 | $218,398 |
International Forgiveness Institute Inc Madison, WI | $130,597 | $0 |
American-Isreal Education And Economic Institute Of Illinois Chicago, IL | $59,028 | $0 |
Iowa City Foreign Relations Council Iowa City, IA | $44,701 | $0 |