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Nonprofit · EIN 27-0953344

EDUCATIONAL PROPERTIES INC

Tax-exempt · NEW ORLEANS, LA 70115

Financials

$153K$6K2021$128K$9692022$1K2023
Revenue Expenses · by fiscal year end
Financials of EDUCATIONAL PROPERTIES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-EZ$1,347––$401,835$98,404$303,431
December 31, 2022990-EZ$128,336$969$127,367$401,833$98,404$303,429
December 31, 2021990-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.

NameTitleHours / weekCompensation
KATHLEEN PADIANChairman0.5$0
JOHN BREYERTreasurer0.5$0
WHAWN ALLENSecretary0.5$0
SHEILAH KAVANEYDirector0.5$0
990-EZ for the year ended December 31, 2022: 4 people
NameTitleHours / weekCompensation
KATHLEEN PADIANChairman0.5$0
JOHN BREYERTreasurer0.5$0
WHAWN ALLENSecretary0.5$0
SHEILAH KAVANEYDirector0.5$0
990-EZ for the year ended December 31, 2021: 4 people
NameTitleHours / weekCompensation
KATHLEEN PADIANChairman0.5$0
JOHN BREYERTreasurer0.5$0
WHAWN ALLENSecretary0.5$0
SHEILAH KAVANEYDirector0.5$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.

990-EZ for the year ended December 31, 2023

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025Not on file
2023December 31, 2023May 15, 2024990-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

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2023$1,347$0$401,835XML
990-EZDecember 2022$128,336$969$401,833XML
990-EZDecember 2021$153,477$6,089$402,136XML
990-EZDecember 2020–––IRS
990-EZDecember 2018–––IRS
990December 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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