Education Without Limits EIN 87-3988668

Education Without Limits FY2021 filing

EIN  87-3988668 Public foundation / grantmaker Las Vegas, NV
Form 990 (PDF)
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Size
<$100K
What they do
Provides educational and financial aid, including scholarships, to low-income families in the U.S. and Vietnam.
Leadership
John Tran · President, Treasurer, Secretary, Director
Money in and out
$500K revenue, $0 expenses
Bottom line
+100% surplus margin

Provides educational and financial aid, including scholarships, to low-income families in the U.S. and Vietnam. For fiscal year 2021 it reported $500K in revenue, $0 in expenses, and $499K in net assets.Pt I

Grants paid & assets · FY2021
Total revenue
$500K
Pt VIII · Ln 12
Total expenses
$0
Pt IX · Ln 25
Net assets
$499K
Pt X · Ln 32
Surplus margin
+100%
revenue over expenses, this year
Donor-funded
100%
of revenue is gifts & grants

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$500K
FY2021
Expenses
$0
FY2021
Total assets
$499K
FY2021
Total liabilities
$0
FY2021
Total revenue
$500K
Pt VIII · Ln 12
Total expenses
$0
Pt IX · Ln 25
Net assets
$499K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$500K
Total assetsPt X · Ln 16$499K
Program-expense ratioPt IX · col B
Voting members of governing bodyPt I · Ln 32
Independent voting membersPt I · Ln 42
Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2021.
01

The nonprofit was formed in 2021 and obtained it's first donation for the charitable purpose of aiding low-income families in the united states and vietnam with educational and financial assistance, including scholarship opportunities to low-income families.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEducation Without Limits
EINHdr · item D87-3988668
Principal addressHdr · item CLas Vegas, NV
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNV
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFJul 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a2
Independent voting membersPt VI · Ln 1b2
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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President, Treasurer, Secretary, Director
$0Pt VII · Sec A
Vice President, Director
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$500K
Investment income$1
Total revenueLn 12$500K

Balance Sheet

Part X · end of year
CashLn 1$200K
Total assetsLn 16$499K
Total liabilitiesLn 26$0
Total net assetsLn 32$499K

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $499K · Operating expenses/yr $0
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $0 · Total expenses $0
Management & General
Management & general $0 · Total expenses $0
Fundraising
Fundraising $0 · Total expenses $0
Cost to raise $1
Fundraising expense $0 · Solicited contributions $500K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $500K · Total revenue $500K
100%
Government reliance
Government grants — · Total revenue $500K
Earned-income share
Program service revenue $0 · Total revenue $500K
0%
Investment reliance
Investment income $1 · Total revenue $500K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $0
Growth & trend
Revenue growth (YoY)
This year $500K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $499K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $500K · Expenses $0
+100%
Liabilities-to-Assets
Total liabilities — · Total assets $499K
Net-asset ratio
Net assets $499K · Total assets $499K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $299K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $499K
60%
People & payroll
Highest Reported Total Compensation
Individual John Tran · Reported title PRESIDENT, TREASURER, SECRETARY, DIRECTOR · Highest reported compensation $0 · Total expenses $0
Total expenses not reported — showing dollar figure only
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $0
Peer comparison

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

MetricThis orgPeer medianPercentile
Fundraising cost ratio 0%

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 · this organization's grantmaking
Grants paid · 1 grant · $15K · 2022–2022
Shaquille Oneal FoundationNV · FY2022$15,000

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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
FY2024 (Latest)$1K revenue · ⤓ 990 PDF
FY2023$146 revenue · ⤓ 990 PDF
FY2022$12K revenue · ⤓ 990 PDF
FY2021$500K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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