Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1995.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
98 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
4 people listed on the 990; $220K paid to officers and key staff.
Walter a Ejnes’s $275K as President is at the 93rd percentile of top reported officer pay among 3395 $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 · 1 named individual · Part VII
| Name | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|
| Walter a Ejnes | $275,000 | $275,000 | $220,000 | $220,000 |
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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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Provides seminars for medical professionals to fulfill continuing education needs.
Questions for Continuing Education Company
Your first name shows with your question. Continuing Education Company answers here, for everyone.
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Seminars were presented to medical professionals to enable them to fulfill their continuing education requirements.
By the numbers
The FY2020 990, line by line.
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| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.5M | $1.4M |
| Land, buildings, equipmentLn 10c | $35K | $31K |
| Total assetsLn 16 | $1.6M | $1.4M |
| LiabilitiesLn 26 | $472K | $260K |
| Net assetsLn 32 | $1.1M | $1.1M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $220K | $220K | ||
| Pension plan contributionsLn 8 | $221K | $221K | ||
| Other employee benefitsLn 9 | $14K | $14K | ||
| Payroll taxesLn 10 | $12K | $12K | ||
| Accounting feesLn 11c | $5K | $5K | ||
| Other fees for servicesLn 11g | $424K | $422K | $2K | |
| Advertising and promotionLn 12 | $126K | $126K | ||
| Office expensesLn 13 | $247K | $244K | $4K | |
| Information technologyLn 14 | $62K | $50K | $12K | |
| OccupancyLn 16 | $23K | $23K | ||
| TravelLn 17 | $82K | $58K | $24K | |
| Depreciation, depletion and amortizationLn 22 | $27K | $27K | ||
| InsuranceLn 23 | $4K | $4K | ||
| Other expenses (24a–d)Ln 24 | $1.1M | $1.1M | $10K | |
| All other expensesLn 24e | $8K | $4K | $4K | |
| Total functional expensesLn 25 | $2.5M | $2.5M | $60K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $4.6M | $5.3M | −$789K | $339K | 990 PDF |
| FY2023 | $4.6M | $5.1M | −$541K | $1.1M | 990 PDF |
| FY2022 | $4.6M | $4.9M | −$294K | $1.6M | 990 PDF |
| FY2021 | $4.5M | $3.7M | $812K | $1.9M | 990 PDF |
| FY2020 Viewing | $2.6M | $2.5M | $25K | $1.1M | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $2,562,897 revenue, 12 lines filed
Part VI · Governance 3 of 4 board members independent, no flags
Part VIII · Statement of revenue $2,562,897 across 6 lines filed
Part IX · Statement of functional expenses $2,537,445 across 15 lines filed
Part X · Balance sheet $1,391,511 assets, 9 lines filed
Part XI · Reconciliation of net assets $1,131,849 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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