Skip to main content

Nonprofit · EIN 02-0647334

THE EDUCATION EXCHANGE INC

Also known as WASHINGTON CO ADULT LEARNING CENTER

Tax-exempt · WAKEFIELD, RI 02879

Financials

$829K$841K2023$686K$668K2024
Revenue Expenses · by fiscal year end
Financials of THE EDUCATION EXCHANGE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$685,907$668,183$17,724$252,019$0$252,019
June 30, 2024990$828,616$840,650-$12,034$235,172$877$234,295
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$657,945
of which government grants
$655,140
Program service revenue
$25,828
Investment income
$2,134
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$91,520
Other salaries and wages
$272,769
Salaries, compensation and benefits (total)
$423,505
Professional fundraising fees
$0
Accounting fees
$4,950
Occupancy
$59,900
Travel
$3,490
Depreciation
$13,189
Program services (functional)
$558,104
Management and general (functional)
$110,079

Balance sheet and other

Total assets, start of year
$235,172
Total assets, end of year
$252,019
Total liabilities, end of year
$0
Net assets, end of year
$252,019
Land, buildings and equipment
$97,315
Net assets without donor restrictions
$218,746
Net assets with donor restrictions
$33,273
Gross receipts
$685,907
Employees
15
Volunteers
19
Year formed
1978
State of legal domicile
RI

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
JASON COLONIESEXECUTIVE DIRECTOR
Key employee
40$90,544
ELIZABETH WYLLIEDIRECTOR
Trustee or director
3$0
ANDREW CARYDIRECTOR
Trustee or director
3$0
GLEN ZIBOLISDIRECTOR
Trustee or director
3$0
990 for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensation
JASON COLONIESEXECUTIVE DIRECTOR
Key employee
40$87,880
ELIZABETH WYLLIEDIRECTOR
Trustee or director
3$0
ETTA ZASLOFFDIRECTOR
Trustee or director
3$0
ANDREW CARYDIRECTOR
Trustee or director
3$0
GLEN ZIBOLISDIRECTOR
Trustee or director
3$0

Address and contacts

Address (IRS master file)
33 NORTH RD C-1, WAKEFIELD, RI 02879-2164
Principal officer (990 for 2024)
JASON COLONIES, 33 NORTH ROAD UNIT C-1, PEACE DALE, RI 02879
Signed the 990
JASON COLONIES, EXECUTIVE DIRECTOR
Phone
(401) 783-0293
Return prepared by
GOLDEN GORMLY & COMPANY

Mission

TO PROVIDE BASIC EDUCATION AND JOB TRAINING TO ADULTS IN RHODE ISLAND.

990 for the year ended June 30, 2025

Program accomplishments

  • ADULT EDUCATION, COMPUTER TRAINING, JOB SKILLS AND OTHER ESSENTIAL PROGRAMS TO HELP ADULT LEARNERS IMPROVE THEIR WORKPLACE AND LIFE SKILLS.
    Expenses $558,104 · revenue $683,773

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
02-0647334
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2003
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B90)
Assets (IRS master file)
$252,019
Income (IRS master file)
$685,907

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$685,907$668,183$252,019IRS
990June 2024$828,616$840,650$235,172XML
990June 2023$871,777$842,910$255,354IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––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 02-0647334).

Questions about THE EDUCATION EXCHANGE INC

What is the EIN of THE EDUCATION EXCHANGE INC?
The employer identification number (EIN) of THE EDUCATION EXCHANGE INC is 02-0647334.
Is THE EDUCATION EXCHANGE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to THE EDUCATION EXCHANGE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE EDUCATION EXCHANGE 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 THE EDUCATION EXCHANGE INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE EDUCATION EXCHANGE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of THE EDUCATION EXCHANGE INC?
The 990 for the year ended June 30, 2025 names JASON COLONIES.
Who are the officers and directors of THE EDUCATION EXCHANGE INC?
The 990 for the year ended June 30, 2025 lists 4 people; 1 received compensation from the organization, the highest $90,544 (JASON COLONIES, EXECUTIVE DIRECTOR).
How much revenue does THE EDUCATION EXCHANGE INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $685,907, expenses of $668,183 and total assets of $252,019 at year end.

Other nonprofits in WAKEFIELD

All nonprofits in WAKEFIELD · Rhode Island · Education