Nonprofit · EIN 47-2755177
EDUCATION UNBOUND INC
Tax-exempt · MCKINNEY, TX 75072
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $28,971 | $169,169 | -$140,198 | $238,710 | $72,300 | $166,410 |
| December 31, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MAAN HAMDAN | DIRECTOR Trustee or director | 20 | $0 |
| WEEDA HAMDAN | DIRECTOR Trustee or director | 30 | $0 |
| JOSEPH HAJJAR | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MAAN HAMDAN | DIRECTOR Trustee or director | 20 | $0 |
| WEEDA HAMDAN | DIRECTOR Trustee or director | 30 | $0 |
| JOSEPH HAJJAR | DIRECTOR 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.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $28,971 | $169,169 | $238,710 | IRS |
| 990 | December 2023 | $34,791 | $22,994 | $375,058 | XML |
| 990 | December 2022 | $220,685 | $84,863 | $364,467 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 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.
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