East Bay Educational Collaborative EIN 05-0458461 Form 990 (PDF) Claim this org

East Bay Educational Collaborative FY2022 filing

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Provides educational programs and services through cooperative efforts. For fiscal year 2022 it reported $4.4M in revenue, $4.1M in expenses, and $3.5M in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Portsmouth, RI
Website
ebecri.org
Filings
6 on file (2020–2022)
Revenue
$4.4MFY2022
Expenses
$4.1M
Net assets
$3.5M
People
12
Filings
6
Updates
0
More identity details & actions ⌄
EIN  05-0458461 Public charity (501(c)(3)) Portsmouth, RI
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Figures match the IRS filing checked 8/30/26 · see original: IRS
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Size
$1–10M
What they do
Provides educational programs and services through cooperative efforts.
Leadership
Donna Ottaviano · Executive Director · $134K
Money in and out
$4.4M revenue, $4.1M expenses
Bottom line
95% program efficiency
Where the money goes · FY2022
Total revenue
$4.4M
Pt VIII · Ln 12
Total expenses
$4.1M
Pt IX · Ln 25
Net assets
$3.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $290K
Where spending went · Part IX cols B–D
Program services $0.95 Management & general $0.05
Program efficiency
95%
of spending reaches programs
Operating runway
2.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+7%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$4.4M
FY2022▼ -2%
Expenses
$4.1M
FY2022▼ -4%
Total assets
$4.1M
FY2022▼ -1%
Total liabilities
$631K
FY2022▼ -35%
Total revenue
$4.4M
Pt VIII · Ln 12
Total expenses
$4.1M
Pt IX · Ln 25
Net assets
$3.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$290K
Total assetsPt X · Ln 16$4.1M
Program-expense ratioPt IX · col B95%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

3 program services account for $2.4M of program spending, described in the organization's own filed words · FY2021.
01

The east bay career academy is an alternative, tuition based high school that helps students gain direction to become gainfully employed and trained

$1.5Mprogram expense
02

The materials resource center (MRC) provides hands on inquiry science kits for grades k-8. MRC primarily serves elementary and middle schools in rhode island.

$672Kprogram expense
03

Special services revenues are from tuition based programs for certain post high school students with an individual education program (iep), as well as a tuition based teacher assistant training program.

$242Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEast Bay Educational Collaborative
EINHdr · item D05-0458461
Principal addressHdr · item CPortsmouth, RI
WebsiteHdr · item Jebecri.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MRI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B99Z)
Ruling yearIRS BMFMar 1997

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Executive Director
$134,251Pt VII · Sec A
Director Ebca
$121,161Pt VII · Sec A
Business Manager
$118,595Pt VII · Sec A
Career Academy Principal
$98,203Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chairperson
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Karen Corr’s $132K as Businees Man is at the 54th percentile of top reported officer pay among 3392 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Donna Ottaviano$107,451$139,090$142,855$134,251$132,764$124,050
Karen Corr$131,629$108,158$125,786$118,595$121,594$99,319
William Josephs$131,369$121,161$122,090$114,076
Wlliam Josephs$107,813
Arthur Corsini$103,830$106,504$98,203$98,975$93,963

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$3.1M · 71%
Contributions & grants$1.2M · 28%
Other revenue$68K · 2%
Program service revenue71%$3.1M
Contributions & grants28%$1.2M
Other revenue2%$68K
Investment income$3K
— government grantsLn 1e$1.2M
Total revenueLn 12$4.4M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.95 Management & general $0.05
Program services95%$3.9M
Management & general5%$214K
Total functional expensesLn 25$4.1M

Balance Sheet

Part X · end of year
CashLn 1$915K
Total assetsLn 16$4.1M
Total liabilitiesLn 26$631K
Total net assetsLn 32$3.5M
Months of cash on handcomputed2.7

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $915K · Operating expenses/yr $4.1M
2.7 months
Where the money goes
Program services
Program services $3.9M · Total expenses $4.1M
95%
Management & General
Management & general $214K · Total expenses $4.1M
5%
Fundraising
Fundraising $0 · Total expenses $4.1M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $1.2M · Total revenue $4.4M
28%
Government reliance
Government grants $1.2M · Total revenue $4.4M
28%
Earned-income share
Program service revenue $3.1M · Total revenue $4.4M
71%
Investment reliance
Investment income $3K · Total revenue $4.4M
+0.07%
Program self-sufficiency
Program service revenue $3.1M · Total expenses $4.1M
76%
Growth & trend
Revenue growth (YoY)
This year $4.4M · Prior year $4.5M
-2%
Net-asset trend (YoY)
End of year $3.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $4.4M · Expenses $4.1M
+7%
Liabilities-to-Assets
Total liabilities — · Total assets $4.1M
Net-asset ratio
Net assets $3.5M · Total assets $4.1M
85%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $4.1M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Donna Ottaviano · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $134K · Total expenses $4.1M
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $2.1M · Total expenses $4.1M
51%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 95%
Overhead ratio 5%
Fundraising cost ratio 0%
Revenue growth -2%
Legal fee ratio 0.4%
Accounting fee ratio 0.2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$34K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$3.0M revenue · ⤓ 990 PDF
FY2024$4.5M revenue · ⤓ 990 PDF
FY2023$4.3M revenue · ⤓ 990 PDF
FY2022$4.4M revenue · viewing · ⤓ 990 PDF
FY2021$4.5M revenue · ⤓ 990 PDF
FY2020$4.8M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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