Nonprofit · EIN 87-2532101
EDUCTIONAL ASSISTANCE FUND INC
Tax-exempt · NORTH OLMSTED, OH 44070
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $316,965 | $295,828 | $21,137 | $117,052 | $0 | $117,052 |
| December 31, 2024 | 990-EZ | $198,560 | $192,120 | $6,440 | $95,916 | – | $95,916 |
| December 31, 2023 | 990-EZ | $144,687 | $176,319 | -$31,632 | $89,476 | – | $89,476 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $316,965
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $292,997
- Management and general (functional)
- $2,831
Balance sheet and other
- Total assets, start of year
- $95,916
- Total assets, end of year
- $117,052
- Total liabilities, end of year
- $0
- Net assets, end of year
- $117,052
- Net assets without donor restrictions
- $117,052
- Gross receipts
- $316,965
- Employees
- 0
- State of legal domicile
- OH
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Assad Nassar | President Trustee or director | 10 | $0 |
| Diana Nassar | Treasurer Trustee or director | 5 | $0 |
990-EZ for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Assad Nassar | President | 10 | $0 |
| Diana Nassar | Treasurer | 5 | $0 |
990-EZ for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Assad Nassar | President | 10 | $0 |
| Diana Nassar | Treasurer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 30980 LORAIN RD, NORTH OLMSTED, OH 44070-4721
- In care of
- % WILLIAM E PAPPAS
- Mailing address (990-N for 2021)
- 30980 Lorain Road, North Olmsted OH 44070
- Principal officer (990 for 2025)
- Assad Nassar, 30980 Lorain Rd, North Olmsted, OH 44070
- Principal officer (990-N for 2021)
- Assad Nassar, 30980 Lorain Road, North Olmsted OH 44070
- Signed the 990
- Assad Nassar, President
- Phone
- (216) 272-2907
- Return prepared by
- Apex Tax & Advisory LLC
Mission
Charitable - Education
Program accomplishments
- Assist underprivileged youth to pay for school expenses - supplies, books, etc.Expenses $292,997
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 87-2532101
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O12)
- Assets (IRS master file)
- $117,052
- Income (IRS master file)
- $316,965
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $316,965 | $295,828 | $117,052 | XML |
| 990-EZ | December 2024 | $198,560 | $192,120 | $95,916 | IRS |
| 990-EZ | December 2023 | $144,687 | $176,319 | $89,476 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-N for 2021 Officer: Assad Nassar | December 31, 2021 | ≤ $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 87-2532101).
Questions about EDUCTIONAL ASSISTANCE FUND INC
- What is the EIN of EDUCTIONAL ASSISTANCE FUND INC?
- The employer identification number (EIN) of EDUCTIONAL ASSISTANCE FUND INC is 87-2532101.
- Is EDUCTIONAL ASSISTANCE FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to EDUCTIONAL ASSISTANCE FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EDUCTIONAL ASSISTANCE FUND INC 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 EDUCTIONAL ASSISTANCE FUND INC 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 EDUCTIONAL ASSISTANCE FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of EDUCTIONAL ASSISTANCE FUND INC?
- The 990 for the year ended December 31, 2025 names Assad Nassar.
- Who are the officers and directors of EDUCTIONAL ASSISTANCE FUND INC?
- The 990 for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does EDUCTIONAL ASSISTANCE FUND INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $316,965, expenses of $295,828 and total assets of $117,052 at year end.
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