EIN 46-4528066

Equal Chance for Education

IRS 501(c) type
501(c)(3)
Num. employees
3
Year formed
2014
Most recent tax filings
2023-06-01
Description
Our goal is to provide an Equal opportunity to achieve the American dream through the completion of a college Education by providing direct payment scholarships to Education institutions. Provide tuition assistance to qualified college students in the form of direct payment scholarships to educational institutions.
Total revenues
$2,020,161
2023
Total expenses
$1,815,980
2023
Total assets
$377,046
2023
Num. employees
3
2023

Program areas at Equal Chance for Education

Ece provides programming, mentorship, career guidance and scholarships in partnership with colleges and universities across the state of tn. Partner colleges provide a negotiated institutional rate for ece scholars to create pathways for college persistence. Each ece scholarship is 6,250, the ece scholar and family are asked to contribute 4,000 toward tuition, and the partner college provides institutional funding toward the remaining balance, on average this is an in-kind gift of 21,000 per student per year. Ece commits to supporting scholars beyond the scholarship dollars by creating programming and providing resources to retain and foster career ready graduates.

Who funds Equal Chance for Education

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
New Venture FundYouth Development and Education$646,875
Sandra Schatten FoundationTo Fulfill the Exempt Purposes of the Foundation$74,000
Carolyn Smith FoundationProvide Equal Opportunity Education$62,500
...and 28 more grants received totalling $1,295,135

Personnel at Equal Chance for Education

NameTitleCompensation
Raquel OluyemoExecutive Director$90,000
Mandy FloydDirector of Programs
Molly HaynesPast Executive Director$83,125
Charles Robert BoneDirector / President$0
William CrenshawDirector / Ece Treasurer$0
...and 1 more key personnel

Financials for Equal Chance for Education

RevenuesFYE 06/2023
Total grants, contributions, etc.$1,899,222
Program services$0
Investment income and dividends$-1,659
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$122,598
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,020,161

Form 990s for Equal Chance for Education

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-02-13990View PDF
2021-062022-01-21990View PDF
2020-062021-04-05990View PDF
2019-062021-04-23990View PDF
...and 5 more Form 990s

Organizations like Equal Chance for Education

OrganizationLocationRevenue
Pueblo Hispanic Education FoundationPueblo, CO$1,052,392
Tops for KidsGilbert, AZ$4,061,952
A Pay It Forward ScholarshipGainesville, GA$1,547,927
New Haven PromiseNew Haven, CT$5,195,298
Imagine ScholarRedmond, WA$590,737
The Basic FundOakland, CA$8,573,960
Elevate PhoenixPhoenix, AZ$2,543,048
The Red Sox FoundationBoston, MA$10,004,314
Ho'okako'o CorporationHonolulu, HI$4,831,749
Asian University for Women (AUW)Cambridge, MA$8,456,759
Data update history
September 25, 2024
Updated personnel
Identified 4 new personnel
August 13, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 13, 2024
Received grants
Identified 3 new grant, including a grant for $62,500 from Carolyn Smith Foundation
May 18, 2024
Received grants
Identified 19 new grant, including a grant for $646,875 from New Venture Fund
October 25, 2023
Received grants
Identified 2 new grant, including a grant for $10,000 from Daily Family Foundation
Nonprofit Types
SchoolsEducational service providersCharities
Issues
Education
Characteristics
Partially liquidatedFundraising eventsReceives government fundingCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
73 White Bridge Pike Box 351 Ste 103
Nashville, TN 37205
Metro area
Nashville-Davidson--Murfreesboro--Franklin, TN
County
Davidson County, TN
Website URL
equalchanceforeducation.org/ 
Phone
(615) 636-5781
IRS details
EIN
46-4528066
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2014
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
611710: Educational Support Services
Parent/child status
Independent
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