Education Alliance Incorporated
Education Alliance Incorporated operates with minimal revenue and assets, often reporting zero income.
EIN: 204132304 · Mt Pleasant, SC · NTEE: B820 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $2K |
| Program Spending | 80% |
| Net Assets | $662 |
| Transparency Score | 45/100 |
Is Education Alliance Incorporated Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Education Alliance Incorporated directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Education Alliance Incorporated
Education Alliance Incorporated (EIN: 204132304) is a nonprofit organization based in Mt Pleasant, SC, classified under NTEE code B820. The organization reported total revenue of $0 and total assets of $662 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Education Alliance Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Education Alliance Incorporated is a micro nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -100.0% | +3.7% | -76.7% |
| 2022 | +8.3% | -45.6% | +68.0% |
| 2020 | -100.0% | -44.8% | -61.5% |
| 2019 | +113.0% | +28.0% | +275.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
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 Alliance Incorporated with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 80%
- fundraising: 0%
According to IRS 990 filings, Education Alliance Incorporated allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all filings, indicating that the organization's officers are unpaid, which is typical for very small, volunteer-led nonprofits.
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 Alliance Incorporated's IRS 990 filings:
- Inconsistent and often zero revenue reported (e.g., $0 in 2023, 2020, 2016, 2015).
- Very low and declining asset base ($662 in 2023, down from $9,991 in 2014).
- Expenses frequently exceed revenue, leading to deficits (e.g., 2023: $0 revenue, $2,178 expenses; 2021: $3,000 revenue, $3,860 expenses).
Strengths
The following positive indicators were identified for Education Alliance Incorporated:
- No executive compensation reported, indicating volunteer leadership.
- Consistent filing of IRS 990 forms, demonstrating compliance and transparency.
Frequently Asked Questions about Education Alliance Incorporated
Is Education Alliance Incorporated a legitimate charity?
Education Alliance Incorporated (EIN: 204132304) is a registered tax-exempt nonprofit based in South Carolina. Our AI analysis gives it a Mission Score of 45/100. It has 13 years of IRS 990 filings on record. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Education Alliance Incorporated spend its money?
Education Alliance Incorporated directs 80% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Education Alliance Incorporated tax-deductible?
Education Alliance Incorporated is registered as a tax-exempt nonprofit (EIN: 204132304). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Education Alliance Incorporated compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Education Alliance Incorporated is near average for NTEE category B820 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Education Alliance Incorporated located?
Education Alliance Incorporated is headquartered in Mt Pleasant, South Carolina and files with the IRS under EIN 204132304. It is classified under NTEE code B820.
How many years of IRS 990 filings does Education Alliance Incorporated have?
Education Alliance Incorporated has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
What specific programs does Education Alliance Incorporated run with its limited budget?
The IRS 990 data does not provide specific program details for Education Alliance Incorporated. Given its minimal expenses (e.g., $2,178 in 2023), any programs would likely be very small in scale.
How does Education Alliance Incorporated sustain itself with periods of $0 revenue?
The organization appears to sustain itself through intermittent small donations and by operating with extremely low expenses, often drawing down on prior year's small surpluses or relying on volunteer efforts to cover operational gaps, as seen in periods like 202312 and 202012 where revenue was $0 but expenses were incurred.
What is the long-term financial viability of Education Alliance Incorporated?
The long-term financial viability of Education Alliance Incorporated appears challenging. Its inconsistent and minimal revenue streams, coupled with low asset levels (e.g., $662 in 2023), suggest it operates on a very tight budget with little capacity for growth or resilience against financial shocks.
Filing History
IRS 990 filing history for Education Alliance Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Education Alliance Incorporated's revenue has declined by 100%, moving from $30K to $0. Total assets decreased by 94.6% over the same period, from $12K to $662. Total functional expenses fell by 89%, from $20K to $2K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $0 | $2K | $662 | $0 | — | View 990 |
| 2022 | $3K | $2K | $3K | $0 | — | View 990 |
| 2021 | $3K | $4K | $2K | $0 | — | — |
| 2020 | $0 | $4K | $3K | $0 | — | View 990 |
| 2019 | $12K | $7K | $7K | $0 | — | View 990 |
| 2018 | $6K | $6K | $2K | $0 | — | View 990 |
| 2017 | $10K | $10K | $2K | $0 | — | View 990 |
| 2016 | $0 | $4K | $2K | $0 | — | View 990 |
| 2015 | $0 | $5K | $5K | $0 | — | View 990 |
| 2014 | $8K | $6K | $10K | $0 | — | View 990 |
| 2013 | $0 | $14K | $8K | $0 | — | View 990 |
| 2012 | $30K | $20K | $22K | $0 | — | View 990 |
| 2011 | $30K | $20K | $12K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $0, expenses of $2K, and assets of $662 (revenue -100.0% year-over-year).
- 2022: Revenue of $3K, expenses of $2K, and assets of $3K (revenue +8.3% year-over-year).
- 2021: Revenue of $3K, expenses of $4K, and assets of $2K.
- 2020: Revenue of $0, expenses of $4K, and assets of $3K (revenue -100.0% year-over-year).
- 2019: Revenue of $12K, expenses of $7K, and assets of $7K (revenue +113.0% year-over-year).
- 2018: Revenue of $6K, expenses of $6K, and assets of $2K (revenue -39.5% year-over-year).
- 2017: Revenue of $10K, expenses of $10K, and assets of $2K.
- 2016: Revenue of $0, expenses of $4K, and assets of $2K.
- 2015: Revenue of $0, expenses of $5K, and assets of $5K (revenue -100.0% year-over-year).
- 2014: Revenue of $8K, expenses of $6K, and assets of $10K.
- 2013: Revenue of $0, expenses of $14K, and assets of $8K (revenue -100.0% year-over-year).
- 2012: Revenue of $30K, expenses of $20K, and assets of $22K (revenue -0.2% year-over-year).
- 2011: Revenue of $30K, expenses of $20K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Education Alliance Incorporated:
Data Sources and Methodology
This transparency report for Education Alliance Incorporated 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.