Nonprofit · EIN 46-5008759
E2D INC
Tax-exempt · DAVIDSON, NC 28036
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $4,377,281 | $3,211,700 | $1,165,581 | $3,834,469 | $29,002 | $3,805,467 |
| December 31, 2024 | 990 | $3,777,632 | $2,277,072 | $1,500,560 | $2,715,476 | $75,590 | $2,639,886 |
| December 31, 2023 | 990 | $1,762,143 | $1,503,307 | $258,836 | $1,186,682 | $47,356 | $1,139,326 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $2,649,839
- of which government grants
- $637,636
- Program service revenue
- $1,452,247
- Investment income
- $103,792
- Other revenue
- $171,403
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $238,000
- Other salaries and wages
- $1,965,608
- Salaries, compensation and benefits (total)
- $2,379,324
- Professional fundraising fees
- $0
- Occupancy
- $85,851
- Travel
- $96,118
- Depreciation
- $15,232
- Program services (functional)
- $2,566,562
- Management and general (functional)
- $328,252
- Fundraising (functional)
- $316,886
Balance sheet and other
- Total assets, start of year
- $2,715,476
- Total assets, end of year
- $3,834,469
- Total liabilities, end of year
- $29,002
- Net assets, end of year
- $3,805,467
- Land, buildings and equipment
- $55,930
- Net assets without donor restrictions
- $3,545,467
- Net assets with donor restrictions
- $260,000
- Gross receipts
- $4,377,281
- Employees
- 125
- Volunteers
- 200
- Year formed
- 2015
- State of legal domicile
- NC
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Spence Millen | President Trustee or director, Officer | 60 | $130,000 |
| Ashley Smith | VP of Operation Trustee or director, Officer | 40 | $108,000 |
| Courtney Ramey | Board Chair Trustee or director, Officer | 1 | $0 |
| Rob Phocas | Board member Trustee or director | 1 | $0 |
| Alex Salguedo | Board member Trustee or director | 1 | $0 |
| Noah Cotton | Board member Trustee or director | 1 | $0 |
| Nate Denny | Board member Trustee or director | 1 | $0 |
| Michael Praeger | Board member Trustee or director | 1 | $0 |
| Angela Bhurji | Board member Trustee or director | 1 | $0 |
| Dominique Johnson | Board member Trustee or director | 1 | $0 |
| Randy Alexander | Board member Trustee or director | 1 | $0 |
| Ann Clark | Board member Trustee or director | 1 | $0 |
| Michael Cowell | Board member Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Spence Millen | President Trustee or director, Officer | 50 | $115,996 |
| Courtney Ramey | Board Chair Trustee or director, Officer | 1 | $0 |
| Rob Phocas | Board member Trustee or director | 1 | $0 |
| Alex Salguedo | Board member Trustee or director | 1 | $0 |
| Noah Cotton | Board member Trustee or director | 1 | $0 |
| Jonathan Olin | Board member Trustee or director | 1 | $0 |
| Michael Praeger | Board member Trustee or director | 1 | $0 |
| Angela Bhurji | Board member Trustee or director | 1 | $0 |
| Ace Tanner | Board member Trustee or director | 1 | $0 |
| Dominique Johnson | Board member Trustee or director | 1 | $0 |
| Randy Alexander | Board member Trustee or director | 1 | $0 |
| Ann Clark | Board member Trustee or director | 1 | $0 |
| Michael Cowell | Board member Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Spence Millen | President Trustee or director, Officer | 50 | $98,583 |
| Courtney Ramey | Board Chair Trustee or director, Officer | 1 | $0 |
| Rob Phocas | Board member Trustee or director | 1 | $0 |
| Alex Salguedo | Board member Trustee or director | 1 | $0 |
| Reenie Askew | Board member Trustee or director | 1 | $0 |
| Jonathan Olin | Board member Trustee or director | 1 | $0 |
| Michael Praeger | Board member Trustee or director | 1 | $0 |
| Angela Bhurji | Board member Trustee or director | 1 | $0 |
| Anthony Tanner | Board member Trustee or director | 1 | $0 |
| Dominique Johnson | Board member Trustee or director | 1 | $0 |
| Randy Alexander | Board member Trustee or director | 1 | $0 |
| Ann Clark | Board member Trustee or director | 1 | $0 |
| Michael Cowell | Board member Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1299, DAVIDSON, NC 28036-1299
- In care of
- % SPENCE MILLEN
- Principal officer (990 for 2025)
- Spence Millen, 228 Roundway Down, Davidson, NC 28036
- Signed the 990
- Spence Millen, President
- Phone
- (704) 657-0408
- Website
- www.e-2-d.org
- Return prepared by
- Foard and Company PA
Mission
E2D expands economic opportunity by training young adults, transforming donated technology, and equipping North Carolina communities with essential digital tools to thrive.
Program accomplishments
- Computer Refurbishment and Recycling: We partner with leading corporations to securely source and divert end-of-cycle laptops from landfills. Adhering to strict data-security standards, our specialized tech labs completely sanitize hardware, upgrade internal components, and install modern operating systems and essential educational software. This program creates a sustainable pipeline of high-quality, fully optimized digital assets, transforming corporate electronic waste into powerful, deployment-ready learning tools for families experiencing the digital divide.Expenses $2,012,784 · revenue $616,962
- Workforce Development: E2D provides systemic economic upward mobility by employing and training historically underrepresented high school and college students as certified IT Lab Technicians. Through structured training, student technicians gain hands-on expertise in hardware engineering, OS deployment, and technical troubleshooting, supplemented by professional mentorship and career-readiness events. This program creates a direct workforce pathway into the technology sector while simultaneously powering our laptop refurbishment ecosystem.Expenses $303,778
- Computer Distribution: To ensure comprehensive at-home digital access, E2D collaborates closely with school systems, affordable housing complexes, community organizations and more to identify and bridge technology gaps for low-income individuals, students and families. We orchestrate targeted, community-based distribution events providing individuals and families with deeply subsidized or free, fully supported laptops.Expenses $250,000 · revenue $83,645
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 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 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 46-5008759
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $3,834,469
- Income (IRS master file)
- $4,377,281
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $4,377,281 | $3,211,700 | $3,834,469 | XML |
| 990 | December 2024 | $3,777,632 | $2,277,072 | $2,715,476 | XML |
| 990 | December 2023 | $1,762,143 | $1,503,307 | $1,186,682 | XML |
| 990 | December 2022 | $990,499 | $1,012,577 | $920,418 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | 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 46-5008759).
Questions about E2D INC
- What is the EIN of E2D INC?
- The employer identification number (EIN) of E2D INC is 46-5008759.
- Is E2D INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to E2D INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does E2D 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 E2D INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did E2D INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of E2D INC?
- The 990 for the year ended December 31, 2025 names Spence Millen.
- Who are the officers and directors of E2D INC?
- The 990 for the year ended December 31, 2025 lists 13 people; 2 received compensation from the organization, the highest $130,000 (Spence Millen, President).
- How much revenue does E2D INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $4,377,281, expenses of $3,211,700 and total assets of $3,834,469 at year end.
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