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Nonprofit · EIN 81-5480515

ETHIOPIA EDUCATION INITIATIVES INC

Tax-exempt · NEW YORK, NY 10003

Financials

$4.9M$2.3M2023$2.4M$2.1M2024
Revenue Expenses · by fiscal year end
Financials of ETHIOPIA EDUCATION INITIATIVES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,389,126$2,137,369$251,757$15,775,908$553,988$15,221,920
June 30, 2024990$4,944,613$2,314,414$2,630,199$15,441,317$471,154$14,970,163
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,522,659
Program service revenue
$434,494
Investment income
$330,443
Other revenue
$101,530

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$150,000
Other salaries and wages
$274,583
Salaries, compensation and benefits (total)
$445,589
Professional fundraising fees
$0
Accounting fees
$74,160
Occupancy
$33,193
Travel
$67,781
Depreciation
$624,741
Program services (functional)
$1,923,083
Management and general (functional)
$202,535
Fundraising (functional)
$11,751

Balance sheet and other

Total assets, start of year
$15,441,317
Total assets, end of year
$15,775,908
Total liabilities, end of year
$553,988
Net assets, end of year
$15,221,920
Land, buildings and equipment
$9,038,658
Net assets without donor restrictions
$15,076,590
Net assets with donor restrictions
$145,330
Gross receipts
$2,389,126
Employees
5
Year formed
2016
State of legal domicile
DE

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
ANDREA SPINNERHEAD OF SCHOOL40$150,000
REBECCA G HAILEDirector
Trustee or director, Officer
30$0
JEAN E MANASDirector
Trustee or director
5$0
HELEN MESFINDirector
Trustee or director
2$0
LIBEN HAILUDirector
Trustee or director
2$0
ALEESHA TAYLORDirector
Trustee or director
2$0
MIMI ALEMAYEHOUDirector
Trustee or director
2$0
ANNE MELVINDirector
Trustee or director
2$0
BENJAMIN WILLIAMSDirector
Trustee or director
2$0
CAROLINE BROWNDirector
Trustee or director, Officer
2$0
ELIZABETH NEGADirector
Trustee or director
2$0
EZANA BOCRESIONDirector
Trustee or director
2$0
KELLEY MURPHYDirector
Trustee or director
2$0
SOSSINA HAILEDirector
Trustee or director
2$0
990 for the year ended June 30, 2024: 14 people
NameTitleHours / weekCompensation
ANDREA SPINNERHEAD OF SCHOOL40$125,000
REBECCA G HAILEDirector
Trustee or director, Officer
30$0
JEAN E MANASDirector
Trustee or director
5$0
HELEN MESFINDirector
Trustee or director
2$0
LIBEN HAILUDirector
Trustee or director
2$0
ALEESHA TAYLORDirector
Trustee or director
2$0
MIMI ALEMAYEHOUDirector
Trustee or director
2$0
ANNE MELVINDirector
Trustee or director
2$0
BENJAMIN WILLIAMSDirector
Trustee or director
2$0
CAROLINE BROWNDirector
Trustee or director, Officer
2$0
ELIZABETH NEGADirector
Trustee or director
2$0
EZANA BOCRESIONDirector
Trustee or director
2$0
KELLEY MURPHYDirector
Trustee or director
2$0
SOSSINA HAILEDirector
Trustee or director
2$0

Address and contacts

Address (IRS master file)
326 E 18TH ST, NEW YORK, NY 10003-2893
In care of
% REBECCA G HAILE
Signed the 990
REBECCA G HAILE, Director
Phone
(917) 273-3846
Return prepared by
Eisikovic & Kane LLP

Mission

TO PROVIDE QUALITY EDUCATIONAL OPPORTUNITIES FOR TALENTED STUDENTS IN ETHIOPIA.

990 for the year ended June 30, 2025

Program accomplishments

  • TO PROVIDE QUALITY EDUCATIONAL OPPORTUNITIES FOR TALENTED STUDENTS IN ETHIOPIA.
    Expenses $1,923,083 · revenue $434,494

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
81-5480515
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2017
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B20)
Assets (IRS master file)
$15,775,908
Income (IRS master file)
$2,389,126

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,389,126$2,137,369$15,775,908XML
990June 2024$4,944,613$2,314,414$15,441,317XML
990June 2023$1,544,561$2,074,778$12,636,504IRS
990June 2022$1,940,785$1,709,923$13,067,135IRS
990June 2021–––IRS
990June 2020–––IRS
990June 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 81-5480515).

Questions about ETHIOPIA EDUCATION INITIATIVES INC

What is the EIN of ETHIOPIA EDUCATION INITIATIVES INC?
The employer identification number (EIN) of ETHIOPIA EDUCATION INITIATIVES INC is 81-5480515.
Is ETHIOPIA EDUCATION INITIATIVES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to ETHIOPIA EDUCATION INITIATIVES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ETHIOPIA EDUCATION INITIATIVES 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 ETHIOPIA EDUCATION INITIATIVES 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 ETHIOPIA EDUCATION INITIATIVES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who are the officers and directors of ETHIOPIA EDUCATION INITIATIVES INC?
The 990 for the year ended June 30, 2025 lists 14 people; 1 received compensation from the organization, the highest $150,000 (ANDREA SPINNER, HEAD OF SCHOOL).
How much revenue does ETHIOPIA EDUCATION INITIATIVES INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,389,126, expenses of $2,137,369 and total assets of $15,775,908 at year end.

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