Civic Intelligence

Education Unbound Inc.

990 • Fiscal year 2018 • EIN 47-2755177

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

Organization Profilewww.educationunbound.org
4700 Goldeneyes LaneMcKinney, TX 75070

(877) 829-5500

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

79th percentile

0.11x

Higher debt load relative to assets than 79% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

86th percentile

0.18x

Higher debt load relative to revenue than 86% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

13th percentile

-29%

Higher net margin than 13% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

29th percentile

-10%

Faster asset growth than 29% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

7th percentile

-61%

Faster revenue growth than 7% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets79th percentile

Assets

Down

$85,637

Down $9,583 (-10%) from 2017

Net Assets

Down

$76,034

Down $15,794 (-17%) from 2017

Liabilities

Up

$9,603

Up $6,211 (+183%) from 2017

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin13th percentile

Revenue

Down

$54,665

Down $86,071 (-61%) from 2017

Expenses

Up

$70,459

Up $21,551 (+44%) from 2017

Net Income

Down

-$15,794

Down $107,622 (-117%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2016: $78,600Liabilities 2016: $78,600Net Assets 2016: $02016Assets 2017: $95,220Liabilities 2017: $3,392Net Assets 2017: $91,8282017Assets 2018: $85,637Liabilities 2018: $9,603Net Assets 2018: $76,0342018Assets 2019: $135,673Liabilities 2019: $5,752Net Assets 2019: $129,9212019Assets 2020: $115,453Liabilities 2020: $10,943Net Assets 2020: $104,5102020Assets 2021: $180,573Liabilities 2021: $21,580Net Assets 2021: $158,9932021Assets 2022: $364,467Liabilities 2022: $69,653Net Assets 2022: $294,8142022Assets 2023: $375,058Liabilities 2023: $68,448Net Assets 2023: $306,6102023Assets 2024: $238,710Liabilities 2024: $72,300Net Assets 2024: $166,4102024

Highlighted filing

2018

Assets$85,637
Liabilities$9,603
Net Assets$76,034
Open 2018 Filing

Operations Trend

Revenue Growth7th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100K-$200KRevenue 2016: $79,763Expenses 2016: $79,763Net Income 2016: $02016Revenue 2017: $140,736Expenses 2017: $48,908Net Income 2017: $91,8282017Revenue 2018: $54,665Expenses 2018: $70,459Net Income 2018: -$15,7942018Revenue 2019: $155,854Expenses 2019: $101,967Net Income 2019: $53,8872019Revenue 2020: $101,033Expenses 2020: $97,811Net Income 2020: $3,2222020Revenue 2021: $120,757Expenses 2021: $66,274Net Income 2021: $54,4832021Revenue 2022: $220,685Expenses 2022: $84,863Net Income 2022: $135,8222022Revenue 2023: $34,791Expenses 2023: $22,994Net Income 2023: $11,7972023Revenue 2024: $28,971Expenses 2024: $169,169Net Income 2024: -$140,1982024

Highlighted filing

2018

Revenue$54,665
Expenses$70,459
Net Income-$15,794
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$54,665
Mission and Program Overview

Mission

Education unbound's mission is to support educational institutions in their science, technology, engineering, art and math efforts to assist underprivileged students in pursuing and achieving their education goals.

education unbound is an organization created to help increase the supply of high-tech talent Through "STEAM" in education

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$60,000$70,000▲ $10,000
Cash and Non-Interest-Bearing Accounts$35,220$15,637▼ $19,583
Loans From Officers Directors$0$186▲ $186
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$95,220$85,637▼ $9,583
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$3,392$9,417▲ $6,025
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$3,392$9,603▲ $6,211
Net Assets / Fund Balance
Unrestricted Net Assets$91,828$76,034▼ $15,794
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$91,828$76,034▼ $15,794
Total Liabilities and Net Assets / Fund Balance$95,220$85,637▼ $9,583

Asset Categories

AssetBook ValueDepreciationBasis
Closely Held Equity Interests$70,000--
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Joseph HajjarDirector
Maan HamdanDirector
Weeda HamdanDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$54,659
Program Service Revenue
$0
Investment Income
$6
Other Revenue
$0
All Other Contributions
$54,659
Change in Net Assets
$-15,794

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$53,099
Other Expenses$17,360
Total Fundraising Expense$5,828
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$28,250--$28,250
Grants to Domestic Orgs$24,849--$24,849
Office Expenses$3,088$59$1,657$4,804
Fees for Services Other-$2,827$1,639$4,466
Fees for Services Accounting-$2,871-$2,871
Travel$1,196$1,321$60$2,577
Advertising--$1,588$1,588
Other Expenses$88$25$43$68
Total Functional Expenses$57,471$7,160$5,828$70,459
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of Texas at DallasRichardson, TX-Educational$8,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$186▲ $186
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Cards$9,417
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2:

“Director Number (1) Maan Hamdan and Director Number (2) Weeda Hamdan are related through marriage.”

Form 990, Part VI, Section B, Line 11B:

“The organization's tax return is prepared by a cpa firm who furnishes a draft of the return to the executive director who presents it to the board of directors for approval.”

Form 990, Part VI, Section C, Line 19:

“The Organization makes the financial statements, governing documents, and conflict of interest policy available upon request at the convenience of the taxpayer”

Filing and Contact Details

Filer

Filer Name
Education Unbound Inc
EIN
47-2755177
In Care Of
% MARK HAMDAN
Phone
8778295500
Address
4700 Goldeneyes Lane, McKinney, TX 75070

Signing Officer

Name
Maan Hamdan
Title
director
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Maan Hamdan
Formed
2015
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Baker Tilly Virchow Krause Llp
Address
2500 DALLAS PARKWAY SUITE 300, PLANO, TX 75093
Preparer
F Charles Piazza
Phone
9727480300
Raw XML AppendixShowing 400 of 423 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt00
IRS990/AccountsReceivableGrp/BOYAmt00
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0education unbound is an organization created to help increase the supply of high-tech talent Through "STEAM" in education
IRS990/AdvertisingGrp/FundraisingAmt01588
IRS990/AdvertisingGrp/TotalAmt01588
IRS990/AllOtherContributionsAmt054659
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0MARK HAMDAN
IRS990/BooksInCareOfDetail/PhoneNum08778295500
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04700 GOLDENEYES LANE
IRS990/BooksInCareOfDetail/USAddress/CityNm0McKinney
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd075070
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt035220
IRS990/CashNonInterestBearingGrp/EOYAmt015637
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt054659
IRS990/CYGrantsAndSimilarPaidAmt053099
IRS990/CYInvestmentIncomeAmt06
IRS990/CYOtherExpensesAmt017360
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-15794
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt070459
IRS990/CYTotalFundraisingExpenseAmt05828
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt054665
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0Education Unbound supports educational institutions through Integrative science, technology, engineering, art and math programs.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/ExpenseAmt04372
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02871
IRS990/FeesForServicesAccountingGrp/TotalAmt02871
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/FundraisingAmt01639
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt02827
IRS990/FeesForServicesOtherGrp/TotalAmt04466
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt020.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.0
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0Maan Hamdan
IRS990/Form990PartVIISectionAGrp/PersonNm1Weeda Hamdan
IRS990/Form990PartVIISectionAGrp/PersonNm2Joseph Hajjar
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02015
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt028250
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt028250
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt024849
IRS990/GrantsToDomesticOrgsGrp/TotalAmt024849
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt054665
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt06
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt060000
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt070000
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0186
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Education Unbound's mission is to support educational institutions in their science, technology, engineering, art and math efforts to assist underprivileged students in pursuing and achieving their education goals.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt091828
IRS990/NetAssetsOrFundBalancesEOYAmt076034
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt026750
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/FundraisingAmt01657
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt059
IRS990/OfficeExpensesGrp/ProgramServicesAmt03088
IRS990/OfficeExpensesGrp/TotalAmt04804
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0POSTAGE, SHIPPING, & DELIVERY
IRS990/OtherExpensesGrp/Desc1BANK CHARGES
IRS990/OtherExpensesGrp/Desc2EVENTS EXPENSE
IRS990/OtherExpensesGrp/Desc3BUSINESS EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt0273
IRS990/OtherExpensesGrp/FundraisingAmt1568
IRS990/OtherExpensesGrp/FundraisingAmt243
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt030
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt127
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt225
IRS990/OtherExpensesGrp/ProgramServicesAmt088
IRS990/OtherExpensesGrp/TotalAmt0303
IRS990/OtherExpensesGrp/TotalAmt188
IRS990/OtherExpensesGrp/TotalAmt2595
IRS990/OtherExpensesGrp/TotalAmt368
IRS990/OtherLiabilitiesGrp/BOYAmt03392
IRS990/OtherLiabilitiesGrp/EOYAmt09417
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0MAAN HAMDAN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0Education unbound provides scholorships to needy and underprivileged children.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt053099
IRS990/ProgSrvcAccomActy2Grp/GrantAmt053099
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0140717
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt023530
IRS990/PYInvestmentIncomeAmt019
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt025378
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt091828
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt048908
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0140736
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-15794
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt054659
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0140717
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt077640
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0273016
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0273016
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt054659
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0140717
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt077640
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0273016
IRS990ScheduleA/TotalSupportAmt0273016
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/BookValueAmt070000
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/MethodValuationCd0C
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09417
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARDS
IRS990ScheduleD/TotalBookValueSecuritiesAmt070000
IRS990ScheduleD/TotalLiabilityAmt09417
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt05625
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt17000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0DC - Tuition Subsidy of Overall Camp
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1Sulphur Bluff - Tuition Subsidy of Overall camp
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt11
IRS990ScheduleI/RecipientTable/CashGrantAmt08000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Educational
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0University of Texas at Dallas
IRS990ScheduleI/RecipientTable/RecipientEIN0751305566
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0800 W Campbell Rd
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Richardson
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd075080
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Director Number (1) Maan Hamdan and Director Number (2) Weeda Hamdan are related through marriage.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization's tax return is prepared by a cpa firm who furnishes a draft of the return to the executive director who presents it to the board of directors for approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Organization makes the financial statements, governing documents, and conflict of interest policy available upon request at the convenience of the taxpayer
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19:
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt095220
IRS990/TotalAssetsEOYAmt085637
IRS990/TotalAssetsGrp/BOYAmt095220
IRS990/TotalAssetsGrp/EOYAmt085637
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt054659
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt05828
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07160
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt057471
IRS990/TotalFunctionalExpensesGrp/TotalAmt070459
IRS990/TotalGrossUBIAmt06
IRS990/TotalLiabilitiesBOYAmt03392
IRS990/TotalLiabilitiesEOYAmt09603
IRS990/TotalLiabilitiesGrp/BOYAmt03392
IRS990/TotalLiabilitiesGrp/EOYAmt09603
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt091828
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt076034
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt057471
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt054665
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt095220
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt085637
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt060
IRS990/TravelGrp/ManagementAndGeneralAmt01321
IRS990/TravelGrp/ProgramServicesAmt01196
IRS990/TravelGrp/TotalAmt02577
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt091828
IRS990/UnrestrictedNetAssetsGrp/EOYAmt076034
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04700 Goldeneyes Lane
IRS990/USAddress/CityNm0McKinney
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd075070
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0HTTP://www.educationunbound.org/
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-04-17 16:48:07Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MAAN HAMDAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0director
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Education Unbound Inc
ReturnHeader/Filer/BusinessNameControlTxt0EDUC
ReturnHeader/Filer/EIN0472755177
ReturnHeader/Filer/InCareOfNm0% MARK HAMDAN

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$85,637
Liabilities
$9,603
Net assets
$76,034
Revenue
$54,665
Expenses
$70,459
Net income
-$15,794
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.39$0.72$1.66$0.29$1.69$1.40
2023Detailed filing. Detailed filing data is available for this year.$3.75$0.68$3.07$0.35$0.23$0.12
2022Detailed filing. Detailed filing data is available for this year.$3.64$0.70$2.95$2.21$0.85$1.36
2021Detailed filing. Detailed filing data is available for this year.$1.81$0.22$1.59$1.21$0.66$0.54
2020Detailed filing. Detailed filing data is available for this year.$1.15$0.11$1.05$1.01$0.98$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.36$0.06$1.30$1.56$1.02$0.54
2018Detailed filing. Detailed filing data is available for this year.$0.86$0.10$0.76$0.55$0.70$0.16
2017Detailed filing. Detailed filing data is available for this year.$0.95$0.03$0.92$1.41$0.49$0.92
2016Detailed filing. Detailed filing data is available for this year.$0.79$0.79$0.00$0.80$0.80$0.00