Nonprofit · EIN 27-0953344
EDUCATIONAL PROPERTIES INC
Tax-exempt · NEW ORLEANS, LA 70115
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990-EZ | $1,347 | – | – | $401,835 | $98,404 | $303,431 |
| December 31, 2022 | 990-EZ | $128,336 | $969 | $127,367 | $401,833 | $98,404 | $303,429 |
| December 31, 2021 | 990-EZ | $153,477 | $6,089 | $147,388 | $402,136 | $98,404 | $303,732 |
Financial details: 990-EZ for the year ended December 31, 2023
Revenue
- Investment income
- $1,347
Expenses
- Compensation of officers, directors and key employees
- $0
Balance sheet and other
- Total assets, start of year
- $401,833
- Total assets, end of year
- $401,835
- Total liabilities, end of year
- $98,404
- Net assets, end of year
- $303,431
- Cash, savings and investments
- $401,835
- Gross receipts
- $1,347
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-EZ for the year ended December 31, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATHLEEN PADIAN | Chairman | 0.5 | $0 |
| JOHN BREYER | Treasurer | 0.5 | $0 |
| WHAWN ALLEN | Secretary | 0.5 | $0 |
| SHEILAH KAVANEY | Director | 0.5 | $0 |
990-EZ for the year ended December 31, 2022: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATHLEEN PADIAN | Chairman | 0.5 | $0 |
| JOHN BREYER | Treasurer | 0.5 | $0 |
| WHAWN ALLEN | Secretary | 0.5 | $0 |
| SHEILAH KAVANEY | Director | 0.5 | $0 |
990-EZ for the year ended December 31, 2021: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATHLEEN PADIAN | Chairman | 0.5 | $0 |
| JOHN BREYER | Treasurer | 0.5 | $0 |
| WHAWN ALLEN | Secretary | 0.5 | $0 |
| SHEILAH KAVANEY | Director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 3248 LAUREL ST, NEW ORLEANS, LA 70115-2340
- In care of
- % KATHLEEN PADIAN 5 -MN
- Signed the 990-EZ
- KARL JENTOFT, Chairman
- Phone
- (202) 328-0760
- Return prepared by
- Future Focused Solutions
Mission
OBTAINING FINANCING FOR PUBLIC CHARTER SCHOOL LAND AND BUILDINGS AND ACQUIRING AND DEVELOPING THIS PROPERTY TO BE USED BY CHARTER SCHOOLS.
Program accomplishments
- Educational Properties Inc. spoke with a number of public charter schools in Minnesota about ways it could help with the purchase of a school facility. EPI did not find any financialy feasible deals.
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 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 27-0953344
- 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
- 2010
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B02)
- Assets (IRS master file)
- $401,835
- Income (IRS master file)
- $1,347
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2023 | $1,347 | $0 | $401,835 | XML |
| 990-EZ | December 2022 | $128,336 | $969 | $401,833 | XML |
| 990-EZ | December 2021 | $153,477 | $6,089 | $402,136 | XML |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | 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 27-0953344).
Questions about EDUCATIONAL PROPERTIES INC
- What is the EIN of EDUCATIONAL PROPERTIES INC?
- The employer identification number (EIN) of EDUCATIONAL PROPERTIES INC is 27-0953344.
- Is EDUCATIONAL PROPERTIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to EDUCATIONAL PROPERTIES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EDUCATIONAL PROPERTIES INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of EDUCATIONAL PROPERTIES 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 EDUCATIONAL PROPERTIES INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2023.
- Who are the officers and directors of EDUCATIONAL PROPERTIES INC?
- The 990-EZ for the year ended December 31, 2023 lists 4 people; 0 received compensation from the organization.
- How much revenue does EDUCATIONAL PROPERTIES INC have?
- On its 990-EZ for the year ended December 31, 2023 it reported revenue of $1,347 and total assets of $401,835 at year end.
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