Education Action Group Inc
Education Action Group Inc. reports $502,529 in revenue with only $15 in expenses, accumulating over $500,000 in assets.
EIN: 208998935 · Norton Shores, MI · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $250K |
| Total Expenses | $15 |
| Net Assets | $503K |
| Transparency Score | 60/100 |
Is Education Action Group Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Education Action Group Inc
Education Action Group Inc (EIN: 208998935) is a nonprofit organization based in Norton Shores, MI, classified under NTEE code P20. The organization reported total revenue of $250K and total assets of $3K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Education Action Group Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Education Action Group Inc is a small nonprofit that has been operating for 19 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $503K |
| Total Expenses | $15 |
| Surplus / Deficit | +$503K |
| Total Assets | $503K |
| Net Assets | $503K |
| Operating Margin | 100.0% |
| Months of Reserves | 402011.2 months |
Financial Health Grade: A
In 2023, Education Action Group Inc reported a surplus of $503K with revenue exceeding expenses, holds 402011.2 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Education Action Group Inc with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Education Action Group Inc allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $503K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reported 0% officer compensation, indicating that no salaries were paid to executives, which is highly favorable for a nonprofit of this size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Education Action Group Inc's IRS 990 filings:
- Extremely low reported expenses ($15) relative to revenue ($502,529), raising questions about program activity.
- Lack of detailed expense breakdown beyond the total, making it difficult to assess specific spending categories.
Strengths
The following positive indicators were identified for Education Action Group Inc:
- Strong financial health with significant asset accumulation ($502,514) and no liabilities.
- Excellent revenue generation relative to reported expenses.
- 0% officer compensation, indicating no executive salaries were paid.
- Positive net income, demonstrating effective financial management in terms of revenue generation and cost control.
Frequently Asked Questions about Education Action Group Inc
Is Education Action Group Inc a legitimate charity?
Education Action Group Inc (EIN: 208998935) is a registered tax-exempt nonprofit based in Michigan. Our AI analysis gives it a Mission Score of 60/100. Total revenue: $250K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Education Action Group Inc spend its money?
Education Action Group Inc reported $250K in total revenue in IRS 990 filings. 1 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Education Action Group Inc tax-deductible?
Education Action Group Inc is registered as a tax-exempt nonprofit (EIN: 208998935). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Education Action Group Inc compare to similar nonprofits?
With a transparency score of 60/100 (Good), Education Action Group Inc is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Education Action Group Inc located?
Education Action Group Inc is headquartered in Norton Shores, Michigan and files with the IRS under EIN 208998935. It is classified under NTEE code P20.
What activities did Education Action Group Inc. conduct with only $15 in expenses during the 202312 period?
The filing indicates total expenses of only $15, which is an exceptionally low figure for an organization with over $500,000 in revenue. This suggests minimal operational activity or that significant program spending is not yet reflected in this period's expenses.
How does Education Action Group Inc. plan to utilize its accumulated assets of $502,514 to further its mission?
With a substantial accumulation of assets and minimal expenses, the organization has significant resources. The 990 filing does not detail future spending plans, but this level of asset growth suggests a strategic accumulation of funds, potentially for future large-scale projects or endowments.
Is the reported $15 in expenses a complete and accurate representation of all operational costs for the 202312 period?
The reported expense figure is unusually low. While the IRS 990 is a legal document, such a minimal expense total for an organization with half a million in revenue warrants further investigation to ensure all operational costs, including any in-kind contributions or deferred expenses, are fully accounted for.
Filing History
IRS 990 filing history for Education Action Group Inc showing financial trends over 1 year of public records:
In its most recent filing year (2023), Education Action Group Inc reported a surplus of $503K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $503K | $15 | $503K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Education Action Group Inc:
Data Sources and Methodology
This transparency report for Education Action Group Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.