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Nonprofit · EIN 36-3542174

MASTER EDUCATIONAL ASSISTANCE FOUNDATION

Tax-exempt · OAK PARK, IL 60304

Financials

$186K$403K2023$169K$415K2024$174K$474K2025
Revenue Expenses · by fiscal year end
Financials of MASTER EDUCATIONAL ASSISTANCE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$173,620$474,249-$300,629$2,952,018$0$2,952,018
December 31, 2024990-PF$168,751$415,374-$246,623$3,252,647$0$3,252,647
December 31, 2023990-PF$185,681$402,843-$217,162$3,499,270$0$3,499,270
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$76,623
Interest
$83,714
Net gain from sales of assets
$13,283

Expenses

Grants and similar amounts paid
$384,281
Compensation of officers, directors and key employees
$62,000
Disbursements for charitable purposes
$474,249
Excise tax on investment income
$2,413

Balance sheet and other

Total assets, start of year
$3,252,647
Total assets, end of year
$2,952,018
Total liabilities, end of year
$0
Net assets, end of year
$2,952,018
Fair market value of assets
$7,934,934
Qualifying distributions
$474,249
Net investment income
$173,620

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
JAMES FRANKLIN ZANGRILLI
747 S EUCLID, OAK PARK, IL 60304
DIRECTOR30$52,000
JAMES FRANCIS ZANGRILLI
747 S EUCLID, OAK PARK, IL 60304
EXECUTIVE DIRECTOR30$10,000
990-PF for the year ended December 31, 2024: 2 people
NameTitleHours / weekCompensation
JAMES FRANKLIN ZANGRILLI
747 S EUCLID, OAK PARK, IL 60304
DIRECTOR30$48,000
JAMES FRANCIS ZANGRILLI
747 S EUCLID, OAK PARK, IL 60304
EXECUTIVE DIRECTOR30$10,000
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
JAMES FRANKLIN ZANGRILLI
747 S EUCLID, OAK PARK, IL 60304
DIRECTOR30$45,000
JAMES FRANCIS ZANGRILLI
747 S EUCLID, OAK PARK, IL 60304
EXECUTIVE DIRECTOR30$10,000

Address and contacts

Address (IRS master file)
747 S EUCLID AVE, OAK PARK, IL 60304-1243
Signed the 990-PF
JAMES F ZANGRILLI, EXECUTIVE DIRECTOR
Phone
(847) 431-5590

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
36-3542174
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1988
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$2,952,018
Income (IRS master file)
$214,937

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$173,620$474,249$2,952,018IRS
990-PFDecember 2024$168,751$415,374$3,252,647XML
990-PFDecember 2023$185,681$402,843$3,499,270XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-3542174).

Questions about MASTER EDUCATIONAL ASSISTANCE FOUNDATION

What is the EIN of MASTER EDUCATIONAL ASSISTANCE FOUNDATION?
The employer identification number (EIN) of MASTER EDUCATIONAL ASSISTANCE FOUNDATION is 36-3542174.
Is MASTER EDUCATIONAL ASSISTANCE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
Are donations to MASTER EDUCATIONAL ASSISTANCE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MASTER EDUCATIONAL ASSISTANCE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of MASTER EDUCATIONAL ASSISTANCE FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MASTER EDUCATIONAL ASSISTANCE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of MASTER EDUCATIONAL ASSISTANCE FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 2 people; 2 received compensation from the organization, the highest $52,000 (JAMES FRANKLIN ZANGRILLI, DIRECTOR).
How much revenue does MASTER EDUCATIONAL ASSISTANCE FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $173,620, expenses of $474,249 and total assets of $2,952,018 at year end.

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