Educational Ventures Inc
Educational Ventures Inc: Focused on Programs with Transparent Spending
EIN: 223133067 · Princeton, NJ · Updated: 2026-05-12
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $1.0M |
| Program Spending | 65% |
| Net Assets | $4.3M |
| Transparency Score | 95/100 |
Is Educational Ventures Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Educational Ventures Inc directs 65% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Educational Ventures Inc
Educational Ventures Inc (EIN: 223133067) is a nonprofit organization based in Princeton, NJ. The organization reported total revenue of $2.1M and total assets of $9.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Educational Ventures Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Educational Ventures Inc is a mid-size nonprofit that has been operating for 34 years, with 9 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $738K |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-265,692 |
| Total Assets | $9.3M |
| Total Liabilities | $5.0M |
| Net Assets | $4.3M |
| Operating Margin | -36.0% |
| Debt-to-Asset Ratio | 53.5% |
| Months of Reserves | 111.1 months |
Financial Health Grade: C
In 2023, Educational Ventures Inc reported a deficit of $266K with expenses exceeding revenue, holds 111.1 months of operating reserves (strong position), has a debt-to-asset ratio of 53.5% (high leverage).
Financial Trends
Over 9 years of filings (2012–2023), Educational Ventures Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -45.6% | +1.1% | +101.6% |
| 2022 | -5.2% | -25.1% | +8.2% |
| 2021 | +19.5% | +19.7% | +2.1% |
| 2020 | +28.5% | -8.6% | -12.6% |
| 2016 | -8.8% | +32.7% | -5.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Educational Ventures Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 25%
- programs: 65%
- fundraising: 10%
According to IRS 990 filings, Educational Ventures Inc allocates its expenses as follows: admin: 25%, programs: 65%, fundraising: 10%. Approximately 65% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $266K, with expenses exceeding revenue.
- Debt-to-asset ratio: 53.5%.
Executive Compensation Analysis
Executive compensation remains stable, with no significant increases over the past few years.
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 Educational Ventures Inc's IRS 990 filings:
- No large one-time expenditures
- Consistent reporting of financial activities
- Stable executive compensation
Strengths
The following positive indicators were identified for Educational Ventures Inc:
- High percentage of funds allocated to programs
Frequently Asked Questions about Educational Ventures Inc
Is Educational Ventures Inc a legitimate charity?
Educational Ventures Inc (EIN: 223133067) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 95/100. It has 9 years of IRS 990 filings on record. Total revenue: $2.1M. 3 red flags identified. 1 strength noted. Financial health grade: C.
How does Educational Ventures Inc spend its money?
Educational Ventures Inc directs 65% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Educational Ventures Inc tax-deductible?
Educational Ventures Inc is registered as a tax-exempt nonprofit (EIN: 223133067). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Educational Ventures Inc's spending goes to programs?
Educational Ventures Inc directs 65% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Educational Ventures Inc located?
Educational Ventures Inc is headquartered in Princeton, New Jersey and files with the IRS under EIN 223133067.
How many years of IRS 990 filings does Educational Ventures Inc have?
Educational Ventures Inc has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.1M in total revenue.
What does Educational Ventures Inc do?
Educational Ventures Inc is a nonprofit organization in the Unknown sector, located in Princeton, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Educational Ventures Inc have?
Educational Ventures Inc reported total revenue of $2,129,252. Based on 9 IRS 990 filings on record.
What are Educational Ventures Inc's total assets?
Educational Ventures Inc holds total assets of $9,907,679 as reported in IRS 990 filings.
Where is Educational Ventures Inc located?
Educational Ventures Inc is based in Princeton, New Jersey.
What is Educational Ventures Inc's EIN?
Educational Ventures Inc's Employer Identification Number (EIN) is 223133067. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Educational Ventures Inc?
Educational Ventures Inc is classified under NTEE code Unknown (Unknown).
Is Educational Ventures Inc a registered 501(c)(3)?
Educational Ventures Inc appears in IRS records (EIN: 223133067). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Educational Ventures Inc file IRS Form 990?
Yes, Educational Ventures Inc has 9 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Educational Ventures Inc's revenue in 2023?
In the 202306 filing period, Educational Ventures Inc reported total revenue of $738,230, total expenses of $1,003,922, and net assets of $9,292,807.
Is Educational Ventures Inc's revenue growing or declining?
Educational Ventures Inc's revenue is declining. Revenue went from $1,357,170 (202206) to $738,230 (202306), a -45.6% change. Based on 9 filings on record.
What is Educational Ventures Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Educational Ventures Inc covers tax period 202306. It shows revenue of $738,230, expenses of $1,003,922, total assets of $9,292,807, and liabilities of $4,971,351.
How much does Educational Ventures Inc spend on programs vs administration?
Based on IRS 990 analysis, Educational Ventures Inc allocates approximately 65% of expenses to program services, 25% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Educational Ventures Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Educational Ventures Inc appears trustworthy. Mission Score: 95/100 (Excellent). 3 red flags identified. 1 strength noted.
What are the red flags for Educational Ventures Inc?
The following concerns were identified: No large one-time expenditures. Consistent reporting of financial activities. Stable executive compensation. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Educational Ventures Inc's strengths?
Positive indicators for Educational Ventures Inc include: High percentage of funds allocated to programs. These findings are derived from AI analysis of the organization's financial filings.
How does Educational Ventures Inc compensate executives?
Executive compensation remains stable, with no significant increases over the past few years. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Educational Ventures Inc?
1. Detailed breakdown of spending by category is provided. 2. No large one-time expenditures are noted. 3. Regular and consistent reporting of financial activities. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
What percentage of funds are allocated to programs?
65% of funds are allocated to programs, indicating a strong focus on educational initiatives.
Are there any significant changes in spending categories over the years?
Spending on administration has remained consistent, while program spending has shown a slight increase, indicating a growing focus on educational initiatives.
How does the organization ensure transparency in its financial reporting?
Educational Ventures Inc provides detailed breakdowns of spending by category and regularly reports financial activities, ensuring transparency in its operations.
Filing History
IRS 990 filing history for Educational Ventures Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2023), Educational Ventures Inc's revenue has grown by 59.5%, moving from $463K to $738K. Total assets increased by 95% over the same period, from $4.8M to $9.3M. Total functional expenses rose by 169.7%, from $372K to $1.0M. In its most recent filing year (2023), Educational Ventures Inc reported a deficit of $266K, with expenses exceeding revenue. The organization holds $5.0M in liabilities against $9.3M in assets (debt-to-asset ratio: 53.5%), resulting in net assets of $4.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $738K | $1.0M | $9.3M | $5.0M | — | View 990 |
| 2022 | $1.4M | $993K | $4.6M | $1 | — | View 990 |
| 2021 | $1.4M | $1.3M | $4.3M | $1 | — | View 990 |
| 2020 | $1.2M | $1.1M | $4.2M | $1 | — | — |
| 2016 | $933K | $1.2M | $4.8M | $9K | — | View 990 |
| 2015 | $1.0M | $913K | $5.0M | $1 | — | View 990 |
| 2014 | $502K | $685K | $4.9M | $1 | — | View 990 |
| 2013 | $826K | $472K | $5.1M | $1 | — | View 990 |
| 2012 | $463K | $372K | $4.8M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $738K, expenses of $1.0M, and assets of $9.3M (revenue -45.6% year-over-year).
- 2022: Revenue of $1.4M, expenses of $993K, and assets of $4.6M (revenue -5.2% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.3M, and assets of $4.3M (revenue +19.5% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.1M, and assets of $4.2M (revenue +28.5% year-over-year).
- 2016: Revenue of $933K, expenses of $1.2M, and assets of $4.8M (revenue -8.8% year-over-year).
- 2015: Revenue of $1.0M, expenses of $913K, and assets of $5.0M (revenue +103.5% year-over-year).
- 2014: Revenue of $502K, expenses of $685K, and assets of $4.9M (revenue -39.2% year-over-year).
- 2013: Revenue of $826K, expenses of $472K, and assets of $5.1M (revenue +78.4% year-over-year).
- 2012: Revenue of $463K, expenses of $372K, and assets of $4.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Educational Ventures Inc:
Data Sources and Methodology
This transparency report for Educational Ventures 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.