Overview
What is Educational Assistance Ltd?
Educational Assistance Ltd, now known as Ealgreen, is a nonprofit organization based in Glen Ellyn, Illinois. With a mission to provide educational opportunities for students in financial need, they collect and redistribute surplus inventory and materials from corporations and individuals. By doing so, they help 2- and 4-year colleges and universities, including community colleges and tribal institutions, reduce their operational expenses. In turn, these educational institutions offer scholarships to their students, empowering them to transform their lives. Products not suitable for campus use are recycled, repaired, or converted to cash to fund additional scholarships. Since its rebranding in 2017, Ealgreen has provided scholarships to over 21,000 students.
Official website here: www.ealgreen.org
What do the Facebook reviews say about Educational Assistance Ltd?
Currently, there are two reviews available for Educational Assistance Ltd, and although it is not rated yet, the comments provide a glimpse into the organization’s impact. One user highlights the organization's exceptional role in making dreams come true, suggesting a strong commitment to supporting its beneficiaries.
This positive sentiment indicates that the nonprofit is making a difference in the lives of individuals seeking educational assistance. Overall, the limited but enthusiastic feedback portrays a promising image of the organization's efforts to empower and uplift those in need.
This AI summary has been generated from reviews found on Facebook.
Is Educational Assistance Ltd legitimate?
Educational Assistance Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Educational Assistance Ltd submitted a form 990, 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $225,876
Professional Fundraising Fees: $0
Other Salaries and Wages: $313,855
For more financial information, click here
Official website here: www.ealgreen.org
What is the mission statement of Educational Assistance Ltd?
Educational Assistance Ltd, now known as Ealgreen, has a mission to provide educational opportunities for students facing financial barriers. With a focus on both education and the environment, the organization redistributes donated excess inventory to various colleges and universities, including community colleges and tribal institutions. This helps these educational institutions lower their operating expenses, and in turn, they offer scholarships to their students, enabling them to further their education. Products that cannot be used on campus are recycled, repaired, or sold to generate funds for additional scholarships. Since its rebranding in 2017, Ealgreen has assisted over 21,000 students in pursuing their higher education.
Official website here: www.ealgreen.org
Who is the CEO of Educational Assistance Ltd?
Steve Hoselton is the Treasurer of Educational Assistance Ltd. The CEO's salary of Educational Assistance Ltd is $225,876 and their total compensation is $225,876.
Official website here: www.ealgreen.org
What is the revenue of Educational Assistance Ltd?
Educational Assistance Ltd's revenue in 2022 was $6,114,861.
Official website here: www.ealgreen.org
Who are the executives of Educational Assistance Ltd and what are their salaries?
The average compensation at Educational Assistance Ltd during 2022 was $53,973. There are 10 employees at Educational Assistance Ltd.
Here are 15 key members and their salaries (Educational Assistance Ltd's CEO's salary is $225,876 and their total compensation is $225,876):
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Official website here: www.ealgreen.org
Where can I find the form 990 for Educational Assistance Ltd?
Educational Assistance Ltd's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ealgreen.org
Learn more at the official website: www.ealgreen.org
Mission Statement of Educational Assistance Ltd
Educational Assistance Ltd Dba Ealgreen, with a focus on education and the environment, aims to provide students with financial needs the opportunity to attend college. The organization achieves this by redistributing slow-moving and excess inventory donations to various educational institutions, including 2- and 4-year colleges, community colleges, and tribal institutions. By doing so, these educational institutions can lower their operating expenses, and in turn, they can offer scholarships to their students, enabling them to transform their lives.
Products not suitable for use on campus are either recycled, repaired, or converted to cash to fund additional scholarships in the form of cash gifts to partner schools. This circular economy model has proven successful, with Educational Assistance Ltd Dba Ealgreen helping over 21,000 students to date. In 2017, the organization rebranded as Ealgreen to celebrate its achievements in this area. Ealgreen's mission is to extend the lifespan of surplus inventory, support educational institutions, and empower students with financial needs to pursue their higher education goals.
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Impact
October, 2024
Educational Assistance Ltd significantly impacts students with financial needs by facilitating access to higher education. By redistributing excess inventory and slow-moving donations from corporations and individuals, the organization not only supports colleges and universities—ranging from community colleges to tribal institutions—but also helps them reduce operating expenses. This reduction allows these institutions to allocate more resources toward scholarship opportunities for their students, significantly enhancing their ability to pursue a college education.
The organization operates a circular economy model where items that cannot be used on campus are recycled, repaired, or converted into cash, further funding scholarships for partner schools. Since its rebranding as EALGreen, Educational Assistance Ltd has celebrated the success of its innovative approach, having enabled over 21,000 students to benefit from scholarships. This holistic model not only empowers individual students to transform their lives through education but also promotes sustainability by making efficient use of resources within the educational sector. Ultimately, Educational Assistance Ltd fosters a more equitable educational landscape, opening doors for many who might otherwise be unable to afford college.
This information is meant to be a general summary of Educational Assistance Ltd. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,575
- Gross Receipts: $6,114,861
Assets and Liabilities:
- Total Assets: $2,907,714
- Total Liabilities: $67,872
- Net Assets: $2,839,842
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Organization Details
Founding Year
1982
Phone
(630) 690-0010Principal Officer
Steve Hoselton
Main Address
P O BOX 3021, GLEN ELLYN, IL, 60138
Website
www.ealgreen.orgNTEE Category
Code: B82Z - Education
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