Nonprofit · EIN 26-3981686
THE INSTITUTE FOR EDUCATIONAL ADVANCEMENTS INC
Tax-exempt · ATLANTA, GA 30327
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $137,190 | $237,523 | -$100,333 | $2,879,221 | $0 | $2,879,221 |
| December 31, 2023 | 990-PF | -$481,865 | $384,489 | -$866,354 | $2,979,554 | $0 | $2,979,554 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $121,653
- Interest
- $15,446
- Net gain from sales of assets
- $91
Expenses
- Grants and similar amounts paid
- $225,777
- Disbursements for charitable purposes
- $225,777
- Excise tax on investment income
- $1,895
Balance sheet and other
- Total assets, start of year
- $2,979,554
- Total assets, end of year
- $2,879,221
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,879,221
- Fair market value of assets
- $2,735,297
- Qualifying distributions
- $225,777
- Net investment income
- $137,099
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-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATTHEW ORNSTEIN 1266 WEST PACES FERRY RD RM/STE 181, ATLANTA, GA 30327 | PRESIDENT | 0 | $0 |
| MICHAEL BEAN 535 COLDSTREAM CT NW, ATLANTA, GA 30328 | DIRECTOR | 0 | $0 |
| ANNA PARKER 422 DISCOVERY RD, VIRGINIA BEACH, VA 23451 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATTHEW ORNSTEIN 1266 WEST PACES FERRY RD RM/STE 181, ATLANTA, GA 30327 | PRESIDENT | 0 | $0 |
| MICHAEL BEAN 535 COLDSTREAM CT NW, ATLANTA, GA 30328 | DIRECTOR | 0 | $0 |
| ANNA PARKER 422 DISCOVERY RD, VIRGINIA BEACH, VA 23451 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1266 WEST PACES FERRY RD RM/STE 181, ATLANTA, GA 30327-2306
- Signed the 990-PF
- MATTHEW ORNSTEIN, PRESIDENT
- Phone
- (770) 420-2492
- Return prepared by
- ALLIANT CPA GROUP LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 26-3981686
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2009
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B94)
- Assets (IRS master file)
- $2,879,221
- Income (IRS master file)
- $288,099
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $137,190 | $237,523 | $2,879,221 | XML |
| 990-PF | December 2023 | -$481,865 | $384,489 | $2,979,554 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 26-3981686).
Questions about THE INSTITUTE FOR EDUCATIONAL ADVANCEMENTS INC
- What is the EIN of THE INSTITUTE FOR EDUCATIONAL ADVANCEMENTS INC?
- The employer identification number (EIN) of THE INSTITUTE FOR EDUCATIONAL ADVANCEMENTS INC is 26-3981686.
- Is THE INSTITUTE FOR EDUCATIONAL ADVANCEMENTS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to THE INSTITUTE FOR EDUCATIONAL ADVANCEMENTS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE INSTITUTE FOR EDUCATIONAL ADVANCEMENTS INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE INSTITUTE FOR EDUCATIONAL ADVANCEMENTS 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 THE INSTITUTE FOR EDUCATIONAL ADVANCEMENTS INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of THE INSTITUTE FOR EDUCATIONAL ADVANCEMENTS INC?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does THE INSTITUTE FOR EDUCATIONAL ADVANCEMENTS INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $137,190, expenses of $237,523 and total assets of $2,879,221 at year end.
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