EA FOUNDATION OF NY INC
197 EAST BROADWAY, NEW YORK, NY 10002 www.edalliance.org

Total Revenue
$814,500
Total Expenses
$2,506,628
Net Assets
$-9,782,195

Organizations Filed Purposes: THE FOUNDATION HOLDS TITLE TO, AND MANAGES THE PREMISES AT WHICH THE EDUCATIONAL ALLIANCE WILL PROVIDE SERVICES TO RESIDENTS OF NEW YORK CITY, AS DESCRIBED ABOVE. ALLIANCE HOLDINGS, INC. AN AFFLIATE OF THE EDUCATIONAL ALLIANCE TRANSFERRED TITLE TO THE COMMUNITY FACILITY CONDOMINIUM LOCATED AT 179 HENRY STREET TO THE FOUNDATION. THE EDUCATIONAL ALLIANCE TRANSFERRED FEE TITLE TO THE REMAINING PORTION OF THE PREMISES (LOCATED AT 179 HENRY) TO THE FOUNDATION. THE FOUNDATION ENTERED INTO THE NMTC TRANSACTION AS A QUALIFIED ACTIVE LOW INCOME BUSINESS ("QALICB") AS DEFINED IN REG. 1.4SD(D)(4)(I). AS A QALICB, THE FOUNDATION WILL BE ENGAGED IN THE ACTIVE CONDUCT OF A TRADE OR BUSINESS IN AN ACTIVITY THAT FURTHERS ITS PURPOSE AS A NONPROFIT CORPORATION.

AS A TYPE I SUPPORTING ORGANIZATION, THE FOUNDATION WILL BE OPERATED EXCLUSIVELY FOR THE BENEFIT OF THE EDUCATIONAL ALLIANCE, INC.

THE FOUNDATION IS A SUPPORTING ORGANIZATION TO THE EDUCATIONAL ALLIANCE AND IT IS SUPPORTING IT THROUGH GRANTS AND OTHER SUPPORTING ACTIVITIES.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Roberta KarpPRESIDENT1$0
Mark EnselmanASST. TREASURER/CFO1$0
Janet WeinbergASST. SECRETARY(DECEASED)1$0
Erica TishmanSECRETARY1$0
Darcy BradburyTREASURER1$0
Alan Van CapelleVICE PRESIDENT/CEO1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202001889349301985_public.xml