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Educare Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 223613696 ✦ Iselin, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Educare Foundation Inc?

Educare Foundation Inc, situated in Iselin, New Jersey, is a dedicated nonprofit organization committed to providing educational assistance. They extend their support in various ways, such as offering cash scholarships, supplying furniture, equipment, and school supplies to underprivileged and handicapped students in 12 schools, benefitting a total of 400 students. Moreover, they organize an essay contest and reward the winners. The foundation's mission is to bridge the gap in education for those who are intellectually gifted yet financially disadvantaged, thereby fostering opportunities for a better future.

Is Educare Foundation Inc legitimate?

Educare Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Educare Foundation Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of Educare Foundation Inc?

The mission of Educare Foundation Inc, as stated, is centered around providing educational assistance. This is accomplished through various means, such as offering cash scholarships, supplying furniture, equipment, and school supplies to underprivileged and disabled students in 12 different schools. The foundation also hosts an essay contest and awards prizes to the winners. In essence, Educare Foundation Inc aims to enhance the educational opportunities for disadvantaged students, thereby empowering them.

Who is the CEO of Educare Foundation Inc?

Aridaman Jain is the President of Educare Foundation Inc.

What is the revenue of Educare Foundation Inc?

Educare Foundation Inc's revenue in 2022 was $85,944.

Who are the executives of Educare Foundation Inc and what are their salaries?


Here are 14 key members and their salaries:


Naresh Jain (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aridaman Jain (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sudhir Kumar Jain (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pawan Jain (Asst Treasur)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashish Jain (Asst. Secret)
  • Compensation: $0
  • Related: $0
  • Other: $0
Surinder Jain (Program Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nitin Chaudhary (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shallendra Mewari (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sudhir Jain (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Atul Jain (Director Of)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shalini Jain (Program Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kamlesh Jain (Program Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pawan Jain (Program Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nitin Chaudhary (Program Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Educare Foundation Inc?

Educare Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Educare Foundation Inc

Educare Foundation Inc, a nonprofit organization, is committed to providing educational assistance to underprivileged and handicapped students. Through various means, the foundation extends its support to around 400 students in 12 schools. This aid encompasses cash scholarships, essential school supplies, furniture, and equipment, as well as funding for school construction. Furthermore, Educare Foundation Inc organizes an essay contest and rewards the winners with prizes. By doing so, the organization encourages academic excellence and fosters a love for learning among its beneficiaries.

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Impact




October, 2024

Educare Foundation Inc significantly impacts the educational landscape by providing vital support to underprivileged and handicapped students. By offering cash scholarships, essential school supplies, furniture, and equipment, the foundation has enhanced the learning environment for 400 deserving students across 12 schools. Their efforts extend beyond material support, as they also promote creativity and critical thinking through essay contests, rewarding students for their hard work and talent. Located in Iselin, NJ, Educare Foundation Inc is dedicated to breaking down barriers to education and fostering a brighter future for those who need it most.




This information is meant to be a general summary of Educare Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$85,944 (2022)
Expenses
$50,192 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,261
  • Gross Receipts: $85,944

Assets and Liabilities:

  • Total Assets: $179,035
  • Total Liabilities: $0
  • Net Assets: $179,035

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Organization Details

Principal Officer

Aridaman Jain

Main Address

38 BLOCK AVE, ISELIN, NJ, 08830

NTEE Category

Code: B82 - Education

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