Nonprofit · EIN 47-0606382
EDUCATIONQUEST FOUNDATION INC
Tax-exempt · LINCOLN, NE 68501
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $3,724,578 | $1,619,580 | $2,104,998 | $14,074,068 | $0 | $14,074,068 |
| September 30, 2024 | 990 | $3,493,454 | $1,611,329 | $1,882,125 | $11,973,122 | $0 | $11,973,122 |
| September 30, 2023 | 990 | $656,851 | $1,612,606 | -$955,755 | $12,043,672 | $2,423,903 | $9,619,769 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $2,999,700
- Program service revenue
- $712,636
- Investment income
- $12,242
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,577,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,700
- Program services (functional)
- $1,577,000
- Management and general (functional)
- $42,580
Balance sheet and other
- Total assets, start of year
- $11,973,122
- Total assets, end of year
- $14,074,068
- Total liabilities, end of year
- $0
- Net assets, end of year
- $14,074,068
- Net assets without donor restrictions
- $14,074,068
- Gross receipts
- $3,724,578
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1978
- State of legal domicile
- NE
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ELIZABETH S KOOP | PRESIDENT/CEO Trustee or director, Officer | 40 | $0 | $389,373 | $63,861 |
| MICHAEL J TIMMINS | CFO/SENIOR VICE PRESIDENT Officer | 40 | $0 | $174,327 | $54,076 |
| DAPHNE HALL | SENIOR VICE PRESIDENT Officer | 40 | $0 | $183,814 | $20,950 |
| ERIC DRUMHELLER | VICE PRESIDENT Officer | 40 | $0 | $127,429 | $42,141 |
| REGAN ANSON | VP OF COMMUNICATION Officer | 40 | $0 | $123,840 | $32,318 |
| JODI BENJAMIN | CHIEF FINANCIAL OFFICER Officer | 40 | $0 | $41,298 | $6,144 |
| THOMAS SMITH | DIRECTOR Trustee or director | 1 | $0 | $21,000 | $0 |
| CRAIG AMES | CHAIRMAN Trustee or director, Officer | 1 | $0 | $18,500 | $0 |
| KELLY LEEPER | DIRECTOR Trustee or director | 1 | $0 | $12,000 | $0 |
| JENNIFER STRAND | DIRECTOR Trustee or director | 1 | $0 | $11,500 | $0 |
| WENDY BOYER | DIRECTOR Trustee or director | 1 | $0 | $11,250 | $0 |
| MICHAEL GREEN | DIRECTOR Trustee or director | 1 | $0 | $10,750 | $0 |
| DEBBIE COOPER | DIRECTOR Trustee or director | 1 | $0 | $10,000 | $0 |
990 for the year ended September 30, 2024: 13 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ELIZABETH S KOOP | PRESIDENT/CEO Trustee or director, Officer | 40 | $0 | $368,289 | $62,033 |
| MICHAEL J TIMMINS | CFO/SENIOR VICE PRESIDENT Officer | 40 | $0 | $186,015 | $50,640 |
| DAPHNE HALL | SENIOR VICE PRESIDENT Officer | 40 | $0 | $173,992 | $22,869 |
| ERIC DRUMHELLER | VICE PRESIDENT Officer | 40 | $0 | $120,942 | $37,046 |
| REGAN ANSON | ASSISTANT VP OF COMMUNICAT Officer | 40 | $0 | $115,375 | $28,833 |
| CRAIG AMES | CHAIRMAN Trustee or director, Officer | 1 | $0 | $21,750 | $0 |
| THOMAS SMITH | DIRECTOR Trustee or director | 1 | $0 | $20,500 | $0 |
| KELLY LEEPER | DIRECTOR Trustee or director | 1 | $0 | $13,750 | $0 |
| MICHAEL GREEN | DIRECTOR Trustee or director | 1 | $0 | $13,500 | $0 |
| DEBBIE COOPER | DIRECTOR Trustee or director | 1 | $0 | $13,000 | $0 |
| WENDY BOYER | DIRECTOR Trustee or director | 1 | $0 | $11,500 | $0 |
| JENNIFER STRAND | DIRECTOR Trustee or director | 1 | $0 | $9,750 | $0 |
| MIGUEL CARRANZA | DIRECTOR Trustee or director | 1 | $0 | $6,500 | $0 |
990 for the year ended September 30, 2023: 13 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ELIZABETH S KOOP | PRESIDENT/CEO Trustee or director, Officer | 40 | $0 | $340,649 | $58,989 |
| MICHAEL J TIMMINS | CFO/SENIOR VICE PRESIDENT Officer | 40 | $0 | $185,173 | $45,597 |
| DAPHNE HALL | SENIOR VICE PRESIDENT Officer | 40 | $0 | $165,829 | $18,969 |
| ERIC DRUMHELLER | VICE PRESIDENT Officer | 40 | $0 | $113,561 | $33,977 |
| REGAN ANSON | ASSISTANT VP OF COMMUNICATIONS Officer | 40 | $0 | $106,459 | $22,429 |
| THOMAS SMITH | DIRECTOR Trustee or director | 1 | $0 | $20,500 | $0 |
| CRAIG AMES | CHAIRMAN Trustee or director, Officer | 1 | $0 | $18,750 | $0 |
| MICHAEL GREEN | DIRECTOR Trustee or director | 1 | $0 | $12,000 | $0 |
| MIGUEL CARRANZA | DIRECTOR Trustee or director | 1 | $0 | $11,500 | $0 |
| WENDY BOYER | EXECUTIVE DIRECTOR Trustee or director | 1 | $0 | $11,250 | $0 |
| KELLY LEEPER | DIRECTOR Trustee or director | 1 | $0 | $10,750 | $0 |
| JENNIFER STRAND | DIRECTOR Trustee or director | 1 | $0 | $10,000 | $0 |
| DEBBIE COOPER | DIRECTOR Trustee or director | 1 | $0 | $8,500 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 82552, LINCOLN, NE 68501-2552
- Principal officer (990 for 2024)
- ELIZABETH S KOOP, PO BOX 82552, LINCOLN, NE 685012552
- Signed the 990
- ELIZABETH S KOOP, PRESIDENT & CEO
- Phone
- (402) 479-6617
- Website
- WWW.EDUCATIONQUEST.ORG
- Return prepared by
- HBE LLP
Mission
IMPROVE ACCESS TO HIGHER EDUCATION IN NEBRASKA.
Program accomplishments
- SCHOLARSHIP AWARDS TO STUDENTS ATTENDING QUALIFIED POST-SECONDARY INSTITUTIONS OF HIGHER EDUCATION IN THE STATE OF NEBRASKA (AWARDED BY FORMULA ON AN OBJECTIVE, NONDISCRIMINATORY BASIS).Expenses $1,577,000 · grants $1,577,000 · revenue $712,636
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990 on file |
IRS record
- EIN
- 47-0606382
- 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
- 1979
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B820)
- Assets (IRS master file)
- $14,074,068
- Income (IRS master file)
- $3,724,578
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $3,724,578 | $1,619,580 | $14,074,068 | XML |
| 990 | September 2024 | $3,493,454 | $1,611,329 | $11,973,122 | XML |
| 990 | September 2023 | $656,851 | $1,612,606 | $12,043,672 | XML |
| 990 | September 2022 | $288,525 | $1,608,124 | $12,312,707 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 47-0606382).
Questions about EDUCATIONQUEST FOUNDATION INC
- What is the EIN of EDUCATIONQUEST FOUNDATION INC?
- The employer identification number (EIN) of EDUCATIONQUEST FOUNDATION INC is 47-0606382.
- Is EDUCATIONQUEST FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
- Are donations to EDUCATIONQUEST FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EDUCATIONQUEST FOUNDATION 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 EDUCATIONQUEST FOUNDATION INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did EDUCATIONQUEST FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of EDUCATIONQUEST FOUNDATION INC?
- The 990 for the year ended September 30, 2025 names ELIZABETH S KOOP.
- Who are the officers and directors of EDUCATIONQUEST FOUNDATION INC?
- The 990 for the year ended September 30, 2025 lists 13 people; 0 received compensation from the organization.
- How much revenue does EDUCATIONQUEST FOUNDATION INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $3,724,578, expenses of $1,619,580 and total assets of $14,074,068 at year end.
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