Nonprofit · EIN 02-0647334
THE EDUCATION EXCHANGE INC
Also known as WASHINGTON CO ADULT LEARNING CENTER
Tax-exempt · WAKEFIELD, RI 02879
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $685,907 | $668,183 | $17,724 | $252,019 | $0 | $252,019 |
| June 30, 2024 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JASON COLONIES | EXECUTIVE DIRECTOR Key employee | 40 | $90,544 |
| ELIZABETH WYLLIE | DIRECTOR Trustee or director | 3 | $0 |
| ANDREW CARY | DIRECTOR Trustee or director | 3 | $0 |
| GLEN ZIBOLIS | DIRECTOR Trustee or director | 3 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JASON COLONIES | EXECUTIVE DIRECTOR Key employee | 40 | $87,880 |
| ELIZABETH WYLLIE | DIRECTOR Trustee or director | 3 | $0 |
| ETTA ZASLOFF | DIRECTOR Trustee or director | 3 | $0 |
| ANDREW CARY | DIRECTOR Trustee or director | 3 | $0 |
| GLEN ZIBOLIS | DIRECTOR 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
- Website
- www.edexri.org
- Return prepared by
- GOLDEN GORMLY & COMPANY
Mission
TO PROVIDE BASIC EDUCATION AND JOB TRAINING TO ADULTS IN RHODE ISLAND.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $685,907 | $668,183 | $252,019 | IRS |
| 990 | June 2024 | $828,616 | $840,650 | $235,172 | XML |
| 990 | June 2023 | $871,777 | $842,910 | $255,354 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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.
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