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Nonprofit · EIN 81-4201446

EYOL INC

Tax-exempt · NEWBURYPORT, MA 01950

Financials

$715K$3M2022$16.2M$5.7M2023$7.8M$9.1M2024
Revenue Expenses · by fiscal year end
Financials of EYOL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$7,830,466$9,055,862-$1,225,396$12,679,321$265,031$12,414,290
June 30, 2024990$16,187,459$5,681,193$10,506,266$15,994,790$2,355,104$13,639,686
June 30, 2023990$714,844$2,971,028-$2,256,184$5,186,755$2,053,335$3,133,420
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$7,654,480
Program service revenue
$13,107
Investment income
$162,879
Other revenue
$0

Expenses

Grants and similar amounts paid
$7,153,500
Compensation of officers, directors and key employees
$155,000
Other salaries and wages
$125,958
Salaries, compensation and benefits (total)
$303,118
Professional fundraising fees
$0
Legal fees
$7,275
Accounting fees
$46,965
Occupancy
$196
Travel
$35,724
Program services (functional)
$8,815,237
Management and general (functional)
$208,072
Fundraising (functional)
$32,553

Balance sheet and other

Total assets, start of year
$15,994,790
Total assets, end of year
$12,679,321
Total liabilities, end of year
$265,031
Net assets, end of year
$12,414,290
Land, buildings and equipment
$65,773
Net assets without donor restrictions
$12,414,290
Gross receipts
$7,830,466
Employees
5
Volunteers
45
Year formed
2016
State of legal domicile
MA

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
DIANA SAVILLEPRESIDENT/TR
Trustee or director, Officer
40$255,000
MICHAEL MCCULLOUGHDIRECTOR
Trustee or director
40$225,000
JIM COMESDIRECTOR
Trustee or director
0.5$0
MAIA MOSSEDIRECTOR
Trustee or director
0.5$0
990 for the year ended June 30, 2024: 3 people
NameTitleHours / weekCompensation
MICHAEL MCCULLOUGHDIRECTOR
Trustee or director
40$273,193
DIANA SAVILLEPRESIDENT/TREASURER/CLERK
Trustee or director, Officer
40$201,667
ERIC WEISSDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2023: 4 people
NameTitleHours / weekCompensation
MICHAEL MCCULLOUGHDIRECTOR
Trustee or director
40$517,801
DIANA SAVILLEPRESIDENT/TREASURER/CLERK
Trustee or director, Officer
40$502,401
CALVIN NGUYENFORMER EXECUTIVE DIRECTOR
Former
40$402,401
ERIC WEISSDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
48 CARTER ST, NEWBURYPORT, MA 01950-2221
Principal officer (990 for 2024)
DIANA SAVILLE, 107 STONELEIGH ROAD, WATERTOWN, MA 02472
Signed the 990
DIANA SAVILLE, PRESIDENT/TREASURER
Phone
(617) 874-6722
Return prepared by
ALTRUIC ADVISORS CPAS

Mission

TO NURTURE THE NEXT GENERATION OF IMPACT FOCUSED ENTREPRENEURS IN SCIENCE, TECHNOLOGY AND EDUCATION.

990 for the year ended June 30, 2025

Program accomplishments

  • ENTREPRENEUR OF YOUR OWN LIFE INC. IS DESIGNED TO EMPOWER FUTURE ENTREPRENEURS WHILE HELPING SEED-STAGE SOCIAL VENTURES GAIN TRACTION AND CREATE SUSTAINABLE IMPACT. WE PROVIDE MENTORSHIP AND ENTREPRENEURIAL EXPERIENCES TO UNDERSERVED STUDENTS THROUGH OUR SUMMER AND TERM-TIME INTERNSHIP PROGRAMS, AND WE PROVIDE FISCAL SPONSORSHIP THROUGH GRANT MAKING ACTIVITIES TO SELECT EARLY-STAGE NONPROFIT PROGRAMS IN SCIENCE AND MEDICINE. EYOL SUPPORTS A VARIETY OF SOCIAL VENTURES AND ENTREPRENEURIAL EFFORTS IN HEALTHCARE, TECHNOLOGY, AND EDUCATION, WITH A BROAD AIM TO REALIGN INVESTMENT AND INDUSTRY INCENTIVES WITH SOCIAL AND PUBLIC GOOD.
    Expenses $8,815,237 · grants $7,153,500 · revenue $13,107

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
81-4201446
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
2016
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B99)
Assets (IRS master file)
$12,679,321
Income (IRS master file)
$7,830,466

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$7,830,466$9,055,862$12,679,321IRS
990June 2024$16,187,459$5,681,193$15,994,790IRS
990June 2023$714,844$2,971,028$5,186,755XML
990June 2022$7,711,988$2,453,368$6,594,709IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990-EZJune 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 81-4201446).

Questions about EYOL INC

What is the EIN of EYOL INC?
The employer identification number (EIN) of EYOL INC is 81-4201446.
Is EYOL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to EYOL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does EYOL 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 EYOL INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did EYOL INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of EYOL INC?
The 990 for the year ended June 30, 2025 names DIANA SAVILLE.
Who are the officers and directors of EYOL INC?
The 990 for the year ended June 30, 2025 lists 4 people; 2 received compensation from the organization, the highest $255,000 (DIANA SAVILLE, PRESIDENT/TR).
How much revenue does EYOL INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $7,830,466, expenses of $9,055,862 and total assets of $12,679,321 at year end.

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