Educational Associates Inc Humacao Community College

Organization Overview

Educational Associates Inc Humacao Community College is located in Humacao, PR. The organization was established in 1979. According to its NTEE Classification (B41) the organization is classified as: Two-Year Colleges, under the broad grouping of Education and related organizations. As of 06/2022, Educational Associates Inc Humacao Community College employed 65 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Educational Associates Inc Humacao Community College 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 Associates Inc Humacao Community College generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $1.9m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO DEVELOP COMPETENT PROFESSIONALS THROUGH A QUALITY EDUCATION ALIGNS WITH THE NEW EDUCATIONAL MODELS THAT PROVIDES COMPETITIVE ADVANTAGE TO EFFECTIVELY PROMOTE THE SOCIAL PERFORMANCE AND SUCCESS AT WORK PLACE AND ENTREPRENEURIAL WORLD

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATIONAL ASSOCIATES, INC IS A NON PROFIT ORGANIZATION THAT SERVES A POST SECONDARY STUDENTS IN THE EAST ARES OF PUERTO RICO. THE INSTITUTION SERVES TO A HISPANIC LOW INCOME STUDENTS SINCE 1978.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,965,356
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$1,965,356
Total Program Service Revenue$0
Investment income $34,475
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 $2,015,263

Endowment Analysis

Beg. Balance$1,360,099
Ending Balance$1,360,099

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