The Educational Alliance Inc

The Educational Alliance Inc shows fluctuating financial health with a significant 2020 deficit and recent operational losses, but reports 0% officer compensation.

EIN: 135562210 · New York, NY · Updated: 2026-03-28

$60.4MRevenue
$58.8MGross Revenue
$46.6MAssets
75/100Mission Score (Good)
The Educational Alliance Inc Financial Summary
MetricValue
Total Revenue$60.4M
Total Expenses$52.0M
Program Spending85%
CEO/Top Officer Pay$60,390,056
Net Assets$14.0M
Transparency Score75/100

Is The Educational Alliance Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
4 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

The Educational Alliance Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About The Educational Alliance Inc

The Educational Alliance Inc (EIN: 135562210) is a nonprofit organization based in New York, NY. The organization reported total revenue of $60.4M and total assets of $46.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Educational Alliance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

82Years Operating
MajorSize Classification
13Years of Filings
MixedRevenue Trajectory

The Educational Alliance Inc is a major nonprofit that has been operating for 82 years, with 13 years of IRS 990 filings on record (2011–2023). 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$49.3M
Total Expenses$52.0M
Surplus / Deficit$-2,675,477
Total Assets$41.7M
Total Liabilities$27.8M
Net Assets$14.0M
Operating Margin-5.4%
Debt-to-Asset Ratio66.6%
Months of Reserves9.6 months

Financial Health Grade: C

In 2023, The Educational Alliance Inc reported a deficit of $2.7M with expenses exceeding revenue, holds 9.6 months of operating reserves (strong position), has a debt-to-asset ratio of 66.6% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), The Educational Alliance Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023+1.3%+14.0%-2.6%
2022+24.5%+21.5%-4.2%
2021-14.4%-60.5%+13.6%
2020-0.7%+98.8%-54.9%
2019+2.6%+3.9%-1.5%

IRS Tax-Exempt Classification

IRS Classification Codes1270
IRS Ruling Date1944

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Educational Alliance Inc demonstrates a generally stable financial position, with recent revenues around $48-49 million and assets exceeding $40 million. However, the organization experienced a significant deficit in 2020, with expenses of $94,851,982 far outstripping revenue of $45,645,473, which warrants further investigation into the cause and subsequent recovery strategies. While the organization has shown recovery in subsequent years, the 2023 filing again shows expenses ($51,965,351) exceeding revenue ($49,289,874), indicating a slight operational deficit. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that compensation is reported differently, which is a positive indicator for accountability. The organization's asset base has fluctuated, notably decreasing from a high of $92,499,845 in 2017 to $41,749,214 in 2023, which could be due to asset utilization or revaluation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates The Educational Alliance Inc with a Mission Score of 75 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: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, The Educational Alliance Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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:

$49.3MTotal Revenue
$52.0MTotal Expenses
$41.7MTotal Assets
$27.8MTotal Liabilities
$14.0MNet Assets
  • The organization reported a deficit of $2.7M, with expenses exceeding revenue.
  • Debt-to-asset ratio: 66.6%.

Executive Compensation Analysis

The consistent reporting of 0% officer compensation across all available IRS 990 filings is highly unusual for an organization of this size (latest revenue $60,390,056) and suggests either that executive compensation is not being reported in this section, or that it is genuinely zero, which would be exceptional.

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 The Educational Alliance Inc's IRS 990 filings:

  • Significant operational deficit in 2020 ($49M+)
  • Expenses exceeding revenue in the latest 2023 filing ($51.9M vs $49.2M)
  • Unexplained 0% officer compensation for an organization of this size
  • Substantial decrease in total assets over recent years without clear explanation in provided data

Strengths

The following positive indicators were identified for The Educational Alliance Inc:

  • Generally strong revenue generation, consistently above $39 million annually (excluding 2020 anomaly)
  • History of positive net income in several years (e.g., 2022, 2021, 2017, 2016, 2014)
  • Consistent filing of IRS 990s, indicating compliance and transparency in reporting

Frequently Asked Questions about The Educational Alliance Inc

Is The Educational Alliance Inc a legitimate charity?

The Educational Alliance Inc (EIN: 135562210) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $60.4M. 4 red flags identified. 3 strengths noted. Financial health grade: C.

How does The Educational Alliance Inc spend its money?

The Educational Alliance Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to The Educational Alliance Inc tax-deductible?

The Educational Alliance Inc is registered as a tax-exempt nonprofit (EIN: 135562210). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the The Educational Alliance Inc CEO make?

The Educational Alliance Inc's highest-compensated officer earns $60,390,056 annually. The organization reported $60.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of The Educational Alliance Inc's spending goes to programs?

The Educational Alliance Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is The Educational Alliance Inc located?

The Educational Alliance Inc is headquartered in New York, New York and files with the IRS under EIN 135562210.

How many years of IRS 990 filings does The Educational Alliance Inc have?

The Educational Alliance Inc 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. The most recent filing shows $60.4M in total revenue.

What caused the significant expense spike and deficit in the 2020 fiscal year, where expenses were $94,851,982 against revenues of $45,645,473?

The IRS 990 filings indicate a substantial increase in expenses in 2020, leading to a deficit of over $49 million. Without further detail from the organization's financial statements, the specific reasons for this spike are unclear but could include one-time capital expenditures, significant program expansion, or unforeseen operational costs.

How does The Educational Alliance Inc manage to report 0% officer compensation given its substantial revenue and asset base?

The consistent reporting of 0% officer compensation is highly unusual. It could mean that compensation for officers is reported under other categories, that officers are compensated by a related entity, or that the organization genuinely operates with unpaid officers, which would be a significant strength in terms of resource allocation.

What is the reason for the significant decrease in assets from $92,499,845 in 2017 to $41,749,214 in 2023?

The substantial reduction in reported assets over this period could be due to various factors, including the sale of property, plant, and equipment, depreciation, or a reclassification of assets. Further investigation into the organization's balance sheets would be necessary to understand this change.

Filing History

IRS 990 filing history for The Educational Alliance Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), The Educational Alliance Inc's revenue has grown by 64.9%, moving from $29.9M to $49.3M. Total assets decreased by 3.7% over the same period, from $43.4M to $41.7M. Total functional expenses rose by 61.4%, from $32.2M to $52.0M. In its most recent filing year (2023), The Educational Alliance Inc reported a deficit of $2.7M, with expenses exceeding revenue. The organization holds $27.8M in liabilities against $41.7M in assets (debt-to-asset ratio: 66.6%), resulting in net assets of $14.0M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $49.3M $52.0M $41.7M $27.8M View 990
2022 $48.7M $45.6M $42.9M $27.1M View 990
2021 $39.1M $37.5M $44.8M $29.5M View 990
2020 $45.6M $94.9M $39.4M $27.4M View 990
2019 $46.0M $47.7M $87.4M $25.7M View 990
2018 $44.8M $45.9M $88.8M $25.6M View 990
2017 $52.8M $41.8M $92.5M $28.5M View 990
2016 $42.0M $40.1M $82.8M $28.8M View 990
2015 $39.4M $39.7M $78.6M $26.5M View 990
2014 $42.7M $35.7M $80.6M $28.3M View 990
2013 $44.4M $31.4M $84.8M $39.7M View 990
2012 $41.8M $33.0M $54.4M $24.8M View 990
2011 $29.9M $32.2M $43.4M $18.9M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $49.3M, expenses of $52.0M, and assets of $41.7M (revenue +1.3% year-over-year).
  • 2022: Revenue of $48.7M, expenses of $45.6M, and assets of $42.9M (revenue +24.5% year-over-year).
  • 2021: Revenue of $39.1M, expenses of $37.5M, and assets of $44.8M (revenue -14.4% year-over-year).
  • 2020: Revenue of $45.6M, expenses of $94.9M, and assets of $39.4M (revenue -0.7% year-over-year).
  • 2019: Revenue of $46.0M, expenses of $47.7M, and assets of $87.4M (revenue +2.6% year-over-year).
  • 2018: Revenue of $44.8M, expenses of $45.9M, and assets of $88.8M (revenue -15.2% year-over-year).
  • 2017: Revenue of $52.8M, expenses of $41.8M, and assets of $92.5M (revenue +25.7% year-over-year).
  • 2016: Revenue of $42.0M, expenses of $40.1M, and assets of $82.8M (revenue +6.6% year-over-year).
  • 2015: Revenue of $39.4M, expenses of $39.7M, and assets of $78.6M (revenue -7.7% year-over-year).
  • 2014: Revenue of $42.7M, expenses of $35.7M, and assets of $80.6M (revenue -3.9% year-over-year).
  • 2013: Revenue of $44.4M, expenses of $31.4M, and assets of $84.8M (revenue +6.4% year-over-year).
  • 2012: Revenue of $41.8M, expenses of $33.0M, and assets of $54.4M (revenue +39.7% year-over-year).
  • 2011: Revenue of $29.9M, expenses of $32.2M, and assets of $43.4M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for The Educational Alliance Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for The Educational Alliance 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.

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