Everlasting Education INC

Los Angeles, CA · Public charity (501(c)(3)) · Since 2020 · Education

✓ Tax-deductible
Revenue
$415K
+10% vs prior year
Spent
$399K
To programs
85%
Net assets
$94K
By yearFY2023–FY2024
Revenue
$415K
FY2024▲ +10%
Revenue by fiscal year
FY2023$265K
FY2024$377K
FY2024$415K
Expenses
$399K
FY2024▲ +18%
Expenses by fiscal year
FY2023$224K
FY2024$338K
FY2024$399K
Net assets
$94K
FY2024▲ +20%
Net assets by fiscal year
FY2023$40K
FY2024$79K
FY2024$94K

From the FY2024 Form 990 · see the original

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
Yes — exemption reinstated (2023-05-15)
Per the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CEverlasting Education INC
EINHdr · item D85-3083094
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFNov 2023
Year of formationHdr · item L2020
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CLos Angeles, CA
NTEE classificationIRS BMFEducation (B90)

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.15
Program services85%$339K
Management & general15%$60K
Total functional expensesLn 25$399K

Financial health

Is it on solid ground?

Program efficiency
85%
of spending reaches programs▼ -4% vs prior filing year
Operating runway
2.6mo
months of highly liquid reserves at operating expense rate▲ +4% vs prior filing year
Surplus margin
+4%
revenue over expenses, this year▼ -63% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$99K
FY2024▲ +25%
Total assets by fiscal year
FY2023$40K
FY2024$79K
FY2024$99K
Total liabilities
$5K
FY2024▲ ×14
Total liabilities by fiscal year
FY2023$0
FY2024$349
FY2024$5K
Revenue less expensesPt I · Ln 19$15K
Total assetsPt X · Ln 16$99K
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 45

Balance Sheet

Part X · end of year
CashLn 1$88K
Total assetsLn 16$99K
Total liabilitiesLn 26$5K
Total net assetsLn 32$94K
Months of cash on handcomputed2.6

Statement of Revenue

Part VIII
Program service revenue$340K · 82%
Other revenue$50K · 12%
Contributions & grants$25K · 6%
Program service revenue82%$340K
Other revenue12%$50K
Contributions & grants6%$25K
— government grantsLn 1e$4K
Total revenueLn 12$415K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $88K · Operating expenses/yr $399K
2.6 months
Where the money goes
Program services
Program services $339K · Total expenses $399K
85%
Management & General
Management & general $60K · Total expenses $399K
15%
Fundraising
Fundraising $0 · Total expenses $399K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $588 · Solicited contributions (3-yr avg) $31K
$0.02 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $25K · Total revenue $415K
6%
Government reliance
Government grants $4K · Total revenue $415K
0.8%
Earned-income share
Program service revenue $340K · Total revenue $415K
82%
Investment reliance
Investment income $0 · Total revenue $415K
0%
Program self-sufficiency
Program service revenue $340K · Total expenses $399K
85%
Growth & trend
Revenue growth (YoY)
This year $415K · Prior year $377K
+10%
Net-asset trend (YoY)
End of year $94K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $415K · Expenses $399K
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $99K
—
Net-asset ratio
Net assets $94K · Total assets $99K
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $99K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Michael Galano · Reported title Board Member/Executive Director · Highest reported compensation $78K · Total expenses $399K
19%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $284K · Total expenses $399K
71%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 85%——
Overhead ratio 15%——
Revenue growth 10%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Member/Executive Director
$77,515Pt VII · Sec A
$5,000Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Former Boardmember
$0Pt VII · Sec A
Former Boardmember
$0Pt VII · Sec A

Michael Galano’s $78K as Board Member/Executive Director is at the 69th percentile of top reported officer pay among 1613 $100K–1M 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 · 2 named individuals · Part VII

NameFY2024FY2024FY2023
Michael Galano$77,515$75,273$63,500
Cassidy Bartolomei$5,000——

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.

See Everlasting Education INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Governance & Policies

Part VI
  • 6Voting board membersPt VI · Ln 1a
  • 5Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Offers outdoor environmental and cultural education for students through school, after-school, and summer programs.

Provided by the organization

This section is blank until Everlasting Education INC claims this page.

Know this organization? Claim it to add your story

Mission & Programs · Part III

Where the work happens

3 program services account for $339K of program spending, described in the organization's own filed words · FY2024.
01

Full Time Elementary School

Everlasting Education operated a full time, fully outdoor elementary school of environmental studies and nature connection called Everlasting Elementary School of the Los Angeles River Watershed.

$289Kprogram expense
02

Seasonal Camps

Everlasting Education hosts a summer camp for 6 weeks over the summer winter and spring break. These programs are open to students ages 5 - 10 from all schools open to the public. In 2023 Everlasting Educations summer camp program had 46 students.

$48Kprogram expense
03

Everlasting Adventures

Backcountry Trails (EABT) The goals of this program include (1) positive character transformation through boundary-pushing, (2) developing confidence, independence, responsibility, and self-awareness, (3) disconnecting from screens and urban life, (4) connecting with the serenity of nature and everlasting inner-self tranquility, (5)…

$3Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$3K

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 $377K$338K+42% 990 PDF
FY2023 $265K$224K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Everlasting Education INC →

Run this organization? Claim this page

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.