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Ea Lgreen

Ea Lgreen

Wheaton, IL 60187
Tax ID36-3166932

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About this organization

Revenue

$3,649,714

Expenses

$3,441,009

Website

ealgreen.org

Mission

EAL creates scholarships and educational opportunities for financially disadvantaged students at postsecondary institutions through placement of donated inventory and other resources. (Revised and board-approved 2012). Eighteen states and Washington D.C. currently comprise EALgreen's impact area of member colleges and universities. Donations can originate from any location, but major donors to-date are based in the Midwest. The success of the business model also underwrites the generation of additional dollars that are awarded as financial contributions to member institutions. Both the sale of tangible goods and the direct receipt of financial awards provide scholarship assistance to students with financial need to pursue baccalaureate degrees.

About

College scholarships made available through donations of excess inventory and surplus materials from corporations and individuals

Interesting data from their 2019 990 filing

The purpose of the non-profit, as set forth in the filing, is “The mission of educational assistance ltd. is to give students with financial needs the opportunity to attend college. with a focus on education and the environment, educational assistance ltd. extends the useful life of slow-moving and excess inventory donations by redistributing these gifts to 2- and 4-year colleges and universities, including community colleges and tribal institutions helping them lower their operating expenses. in turn, these schools help their students with scholarships enabling them to transform their own lives. products not suitable for use on campus are recyled, repaired, or converted to cash to fund additional scholarships in the form of cash gifts to partner schools. in 2017, educational assistance ltd. rebranded as ealgreen to celebrate the success of this circular economy model and the 15,000 students who have received scholarships to date.”.

When discussing its purpose, they were characterized as: “The mission of educational assistance ltd. is to give students with financial needs the opportunity to attend college. with a focus on education and the environment, educational assistance ltd. extends the useful life of slow-moving and excess inventory donations by redistributing these gifts to 2- and 4-year colleges and universities, including community colleges and tribal institutions helping them lower their operating expenses. in turn, these schools help their students with scholarships enabling them to transform their own lives. products not suitable for use on campus are recyled, repaired, or converted to cash to fund additional scholarships in the form of cash gifts to partner schools. in 2017, educational assistance ltd. rebranded as ealgreen to celebrate the success of this circular economy model and the 15,000 students who have received scholarships to date.”.

  • The state in which the non-profit is legally authorized to operate is IL, as reported.
  • The filing confirms that the non-profit's address in 2019 was P O BOX 3021, GLEN ELLYN, IL, 60138.
  • The form of the non-profit reports 13 employees as of 2019.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $208,705.
  • The remuneration of the CEO of the organization is based on an independent review and approval process.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 14 independent voting members.
  • The organization was formed in 1982.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $537,949 in salary, compensation, and benefits to its employees.
  • The organization pays $268,256 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

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