Skip to main content

Nonprofit · EIN 47-2755177

EDUCATION UNBOUND INC

Tax-exempt · MCKINNEY, TX 75072

Financials

$35K$23K2023$29K$169K2024
Revenue Expenses · by fiscal year end
Financials of EDUCATION UNBOUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$28,971$169,169-$140,198$238,710$72,300$166,410
December 31, 2023990$34,791$22,994$11,797$375,058$68,448$306,610
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$15,851
Program service revenue
$0
Investment income
$13,020
Other revenue
$100

Expenses

Grants and similar amounts paid
$105
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$12,465
Program services (functional)
$897
Management and general (functional)
$168,272

Balance sheet and other

Total assets, start of year
$375,058
Total assets, end of year
$238,710
Total liabilities, end of year
$72,300
Net assets, end of year
$166,410
Net assets without donor restrictions
$166,410
Gross receipts
$28,971
Employees
0
Volunteers
0
Year formed
2015
State of legal domicile
TX

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
MAAN HAMDANDIRECTOR
Trustee or director
20$0
WEEDA HAMDANDIRECTOR
Trustee or director
30$0
JOSEPH HAJJARDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
MAAN HAMDANDIRECTOR
Trustee or director
20$0
WEEDA HAMDANDIRECTOR
Trustee or director
30$0
JOSEPH HAJJARDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
4700 GOLDENEYES LN, MCKINNEY, TX 75072-9039
In care of
% MARK HAMDAN
Principal officer (990 for 2024)
MAAN HAMDAN, 4700 GOLDENEYES LANE, MCKINNEY, TX 75070
Signed the 990
MAAN HAMDAN, DIRECTOR
Phone
(877) 829-5500
Return prepared by
BAKER TILLY ADVISORY GROUP LP

Mission

EDUCATION UNBOUND'S MISSION IS TO SUPPORT EDUCATIONAL INSTITUTIONS IN THEIR SCIENCE, TECHNOLOGY, ENGINEERING, ART AND MATH EFFORTS TO ASSIST UNDERPRIVILEGED STUDENTS IN PURSUING AND ACHIEVING THEIR EDUCATION GOALS.

990 for the year ended December 31, 2024

Program accomplishments

  • EDUCATION UNBOUND SUPPORTS EDUCATIONAL INSTITUTIONS THROUGH INTEGRATIVE SCIENCE, TECHNOLOGY, ENGINEERING, ART AND MATH PROGRAMS AND PROVIDES SCHOLORSHIPS TO NEEDY AND UNDERPRIVILEDGED CHILDREN.
    Expenses $897 · grants $105

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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
47-2755177
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
2016
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B82)
Assets (IRS master file)
$238,710
Income (IRS master file)
$28,971

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$28,971$169,169$238,710IRS
990December 2023$34,791$22,994$375,058XML
990December 2022$220,685$84,863$364,467IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 47-2755177).

Questions about EDUCATION UNBOUND INC

What is the EIN of EDUCATION UNBOUND INC?
The employer identification number (EIN) of EDUCATION UNBOUND INC is 47-2755177.
Is EDUCATION UNBOUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to EDUCATION UNBOUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does EDUCATION UNBOUND INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of EDUCATION UNBOUND INC 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 EDUCATION UNBOUND INC 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 EDUCATION UNBOUND INC?
The 990 for the year ended December 31, 2024 names MAAN HAMDAN.
Who are the officers and directors of EDUCATION UNBOUND INC?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does EDUCATION UNBOUND INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $28,971, expenses of $169,169 and total assets of $238,710 at year end.

Other nonprofits in MCKINNEY

All nonprofits in MCKINNEY · Texas · Education