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Nonprofit · EIN 46-1389640

IDEAL EDUCATION A NJ NONPROFIT CORPORATION

Tax-exempt · ISELIN, NJ 08830

Financials

$3.5M$2.4M2023$3.2M$2.9M2024
Revenue Expenses · by fiscal year end
Financials of IDEAL EDUCATION A NJ NONPROFIT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,237,976$2,883,021$354,955$9,468,315$7,442,488$2,025,827
December 31, 2023990$3,502,264$2,372,485$1,129,779$9,220,039$7,549,167$1,670,872
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,237,976
of which government grants
$2,521,759
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$155,400
Other salaries and wages
$610,859
Salaries, compensation and benefits (total)
$1,071,253
Professional fundraising fees
$0
Legal fees
$65,633
Occupancy
$299,452
Travel
$65,381
Depreciation
$289,903
Program services (functional)
$2,121,748
Management and general (functional)
$761,273

Balance sheet and other

Total assets, start of year
$9,220,039
Total assets, end of year
$9,468,315
Total liabilities, end of year
$7,442,488
Net assets, end of year
$2,025,827
Land, buildings and equipment
$1,743,142
Publicly traded securities
$52,500
Net assets without donor restrictions
$2,025,827
Gross receipts
$3,237,976
Employees
30
Volunteers
14
Year formed
2012
State of legal domicile
NJ

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
DHIREN PARIKHPROGRAM DIRECTOR
Trustee or director
40$155,400
MITAL PARIKHPRESIDENT
Trustee or director
10$0
CHIRAG PATELDIRECTOR
Trustee or director
5$0
SUNNY BHARDWAJDIRECTOR
Trustee or director
10$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
DHIREN PARIKHPROGRAM DIRECTOR
Trustee or director
40$156,000
MITAL PARIKHPRESIDENT
Trustee or director
10$0
CHIRAG PATELDIRECTOR
Trustee or director
5$0
SUNNY BHARDWAJDIRECTOR
Trustee or director
10$0

Address and contacts

Address (IRS master file)
66 MIDDLESEX AVE UNIT 104, ISELIN, NJ 08830-1738
In care of
% MITAL PARIKH
Mailing address (990-N for 2015)
85 Arizona ave, old bridge NJ 08857
Principal officer (990 for 2024)
MITAL PARIKH, 85 ARIZONA AVE, OLD BRIDGE, NJ 08857
Principal officer (990-N for 2015)
Mitalben Parikh, 85 Arizona ave, old bridge NJ 08857
Signed the 990
MITAL PARIKH, PRESIDENT
Phone
(609) 318-8008
Return prepared by
RANJEET KOIRALA CPA PC

Mission

Ideal Education DBA Ideal Institute of Technology is a 501 (c) 3 non-profit private career school that is licensed by the State of New Jersey Department of Education and the Department of Labor and Workforce Development. Ideal Education is fully accredited by the Middle States Association. Ideal Institute operates two campuses in Atlantic County, New Jersey. The main campus is headquartered at 4403 Black Horse Pike, Unit 2141, Mays Landing; and the second campus is located at 121-123 S. Main Street, Pleasantville. A future home for Ideal is underway at 1000 W. Washington Ave., Pleasantville. Ideal, founded by Dhiren and Mital Parikh, opened its doors in 2016 in Absecon, NJ. Since the service industry dominated Atlantic County, the founders wanted to bring technology and business programs to adults to help them find sustainable, high paying employment. Microsoft Office, Computer Programs, Web Development, and Entrepreneurship programs are among the most popular programs of study. Many a

990 for the year ended December 31, 2024

Program accomplishments

  • Provide education on business and technology career training
    Expenses $2,121,748 · revenue $3,237,976

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-1389640
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2013
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B90)
Assets (IRS master file)
$9,468,315
Income (IRS master file)
$3,237,976

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,237,976$2,883,021$9,468,315XML
990December 2023$3,502,264$2,372,485$9,220,039XML
990December 2022$2,091,921$1,795,177$8,530,726IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––IRS
990-N for 2015
Officer: Mitalben Parikh
December 31, 2015≤ $50,000 receipts––e-Postcard

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 46-1389640).

Questions about IDEAL EDUCATION A NJ NONPROFIT CORPORATION

What is the EIN of IDEAL EDUCATION A NJ NONPROFIT CORPORATION?
The employer identification number (EIN) of IDEAL EDUCATION A NJ NONPROFIT CORPORATION is 46-1389640.
Is IDEAL EDUCATION A NJ NONPROFIT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
Are donations to IDEAL EDUCATION A NJ NONPROFIT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does IDEAL EDUCATION A NJ NONPROFIT CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of IDEAL EDUCATION A NJ NONPROFIT CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did IDEAL EDUCATION A NJ NONPROFIT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of IDEAL EDUCATION A NJ NONPROFIT CORPORATION?
The 990 for the year ended December 31, 2024 names MITAL PARIKH.
Who are the officers and directors of IDEAL EDUCATION A NJ NONPROFIT CORPORATION?
The 990 for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization, the highest $155,400 (DHIREN PARIKH, PROGRAM DIRECTOR).
How much revenue does IDEAL EDUCATION A NJ NONPROFIT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,237,976, expenses of $2,883,021 and total assets of $9,468,315 at year end.

Other nonprofits in ISELIN

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