Nonprofit · EIN 95-3705585
CALIFORNIA EDUCATION ASSISTANCE INC
Tax-exempt · EL SEGUNDO, CA 90245
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,668,223 | $1,616,266 | $51,957 | $36,218,063 | $190,675 | $36,027,388 |
| June 30, 2024 | 990 | $1,420,060 | $3,318,910 | -$1,898,850 | $34,153,565 | $97,829 | $34,055,736 |
| June 30, 2023 | 990 | -$40,518,536 | $1,434,365 | -$41,952,901 | $25,547,209 | $7,956,525 | $17,590,684 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $1,668,223
- Net gain from sales of assets
- $447,039
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $368,690
- Compensation of officers, directors and key employees
- $555,938
- Other salaries and wages
- $203,534
- Salaries, compensation and benefits (total)
- $857,125
- Professional fundraising fees
- $0
- Legal fees
- $7,190
- Accounting fees
- $43,145
- Occupancy
- $72,094
- Travel
- $34,546
- Depreciation
- $3,375
- Program services (functional)
- $1,336,777
- Management and general (functional)
- $279,489
Balance sheet and other
- Total assets, start of year
- $34,153,565
- Total assets, end of year
- $36,218,063
- Total liabilities, end of year
- $190,675
- Net assets, end of year
- $36,027,388
- Land, buildings and equipment
- $6,564
- Publicly traded securities
- $35,556,473
- Net assets without donor restrictions
- $36,027,388
- Gross receipts
- $10,188,045
- Employees
- 4
- Volunteers
- 0
- Year formed
- 1987
- State of legal domicile
- CA
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| William R Hansen | Chief Administrative Officer Officer | 40 | $406,559 | $69,040 |
| William Markenson | CEO, Board Chairman Trustee or director, Officer | 20 | $293,082 | $38,946 |
| Sheryl Levy | Program Director and Office Manager Key employee | 40 | $184,107 | $29,251 |
| Janet Murillo | Director/Secretary Trustee or director, Officer | 5 | $20,000 | $0 |
| Paul Fromer | Director Trustee or director | 5 | $20,000 | $0 |
| Laura Johnson | Director Trustee or director | 5 | $20,000 | $0 |
| Donald Sternberg | Director Trustee or director | 5 | $20,000 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| William R Hansen | Chief Administrative Officer Officer | 25 | $29,597 | $555,182 | $276,462 |
| William Markenson | CEO, Board Chairman Trustee or director, Officer | 20 | $64,111 | $293,729 | $75,272 |
| Sheryl Levy | Program Director Key employee | 20 | $12,635 | $148,937 | $113,093 |
| Janet Murillo | Director/Secretary Trustee or director, Officer | 5 | $14,000 | $0 | $0 |
| Paul Fromer | Director Trustee or director | 5 | $14,000 | $0 | $0 |
| Laura Johnson | Director Trustee or director | 5 | $14,000 | $0 | $0 |
| Donald Sternberg | Director Trustee or director | 5 | $14,000 | $0 | $0 |
990 for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| William Markenson | CEO, Board Chairman Trustee or director, Officer | 20 | $62,008 | $374,127 | $52,004 |
| William R Hansen | Chief Administrative Officer Officer | 15 | $0 | $383,300 | $68,782 |
| Paul Fromer | Director Trustee or director | 5 | $12,000 | $0 | $0 |
| Laura Johnson | Director Trustee or director | 5 | $12,000 | $0 | $0 |
| Janet Murillo | Director/Secretary Trustee or director, Officer | 5 | $12,000 | $0 | $0 |
| Donald Sternberg | Director Trustee or director | 5 | $12,000 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 840 APOLLO ST STE 306, EL SEGUNDO, CA 90245-4763
- Principal officer (990 for 2024)
- Charles Bull, 840 Apollo Street, Suite 306, El Segundo, CA 90245
- Signed the 990
- William Hansen, Chief Administrative Officer
- Phone
- (310) 242-8814
- Website
- www.caledassist.org
California records
California keeps its own records of charities and corporations. Search them by EIN 95-3705585 or by the name CALIFORNIA EDUCATION ASSISTANCE INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
California Education Assistance's mission is to help improve public education in California by removing barriers to learning and fostering creative, innovative solutions that empower students and educators. We are committed to ensuring equitable access to resources, opportunities, and support systems that enable every learner to reach their full potential. Through collaboration, advocacy, and forward-thinking initiatives, we strive to create a future where education is inclusive, dynamic, and transformative for all.
Program accomplishments
- Distribute resources to non-profit organizations that provide critical services to California students in support of opportunities for an equitable education, including completion of post-secondary education and achievement of career goalsExpenses $1,336,777 · grants $368,690
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 95-3705585
- 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
- 1984
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W600)
- Assets (IRS master file)
- $36,218,063
- Income (IRS master file)
- $10,188,045
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,668,223 | $1,616,266 | $36,218,063 | IRS |
| 990 | June 2024 | $1,420,060 | $3,318,910 | $34,153,565 | IRS |
| 990 | June 2023 | -$40,518,536 | $1,434,365 | $25,547,209 | XML |
| 990 | June 2022 | $5,955,718 | $3,035,832 | $61,569,609 | IRS |
| 990 | June 2021 | – | – | – | 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 95-3705585).
Questions about CALIFORNIA EDUCATION ASSISTANCE INC
- What is the EIN of CALIFORNIA EDUCATION ASSISTANCE INC?
- The employer identification number (EIN) of CALIFORNIA EDUCATION ASSISTANCE INC is 95-3705585.
- Is CALIFORNIA EDUCATION ASSISTANCE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to CALIFORNIA EDUCATION ASSISTANCE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CALIFORNIA EDUCATION ASSISTANCE 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 CALIFORNIA EDUCATION ASSISTANCE 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 CALIFORNIA EDUCATION ASSISTANCE 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 CALIFORNIA EDUCATION ASSISTANCE INC?
- The 990 for the year ended June 30, 2025 names Charles Bull.
- Who are the officers and directors of CALIFORNIA EDUCATION ASSISTANCE INC?
- The 990 for the year ended June 30, 2025 lists 7 people; 7 received compensation from the organization, the highest $406,559 (William R Hansen, Chief Administrative Officer).
- How much revenue does CALIFORNIA EDUCATION ASSISTANCE INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,668,223, expenses of $1,616,266 and total assets of $36,218,063 at year end.
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All nonprofits in EL SEGUNDO · California · Public and societal benefit