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CALIFORNIA EDUCATION ASSISTANCE INC

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Public IRS 990 nonprofit record

CALIFORNIA EDUCATION ASSISTANCE INC

EIN 95-3705585 · Public & Societal Benefit (W600)

What they do

California Education Assistances Mission is to Help Improve Public Education In California By Removing Barriers to Learning and Fostering Creative, Innovative Solutions That Empower Students and Educators. We Are Committed to Ensuring Equitable Access to Resources, Opportunities, and Support Systems That Enable Every Learner to Reach Their Full Potential. Through Collaboration, Advocacy, and Forward-thinking Initiatives, We Strive to Create A Future Where Education is Inclusive, Dynamic, and Transformative for All.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $82.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders7 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

80.13%of revenue went to mission work82.7% of expenses · Program services
$96.89spent for every $100 of revenueRevenue covered expenses this year.
16.75%of revenue went to management and office costs17.3% of expenses
$22.41in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $475,599 for WILLIAM R HANSEN (CHIEF ADMINISTRATIVE OFFICER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,668,223
Mission workProgram services$1,336,77780.13% of revenue82.7% of expenses
ManagementOffice and general costs$279,48916.75% of revenue17.3% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$51,9573.11% of revenueShown in gray on the chart
Total expenses$1,616,26696.89% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 82.7% mission · 17.3% management · 0.0% fundraisingTotal expenses: 96.89% of revenue
2023Expense mix: 42.7% mission · 57.3% management · 0.0% fundraisingTotal expenses: 233.72% of revenue
2022Expense mix: 91.0% mission · 9.0% management · 0.0% fundraisingRevenue comparison unavailable
2021Expense mix: 63.4% mission · 36.6% management · 0.0% fundraisingTotal expenses: 50.97% of revenue
2020Expense mix: 79.1% mission · 20.9% management · 0.0% fundraisingTotal expenses: 110.88% of revenue

Money in and money out

Revenue$1,668,223
Expenses$1,616,266
Annual surplus $51,957 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,336,777 · 82.7% of expenses
Management and office costs$279,489 · 17.3% of expenses
See all reported dollar amounts
Revenue$1,668,223
Expenses$1,616,266
Assets$36,218,063
Income$10,188,045
Mission work (program services)$1,336,777
Grants given$790,830
Average grant$65,903
Management and general$279,489
Executive compensation (total)$262,388
Stocks and bonds$35,556,473
Accounting fees$43,145
Investing fees$89,157
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
WILLIAM R HANSENCHIEF ADMINISTRATIVE OFFICER · 40 hrs/week $475,599Base $406,559 · Other $69,040
WILLIAM MARKENSONCEO, BOARD CHAIRMAN · 20 hrs/week $332,028Base $293,082 · Other $38,946
SHERYL LEVYPROGRAM DIRECTOR AND OFFICE MANAGER · 40 hrs/week $213,358Base $184,107 · Other $29,251
DONALD STERNBERGDIRECTOR · 5 hrs/week $20,000
JANET MURILLODIRECTOR/SECRETARY · 5 hrs/week $20,000
LAURA JOHNSONDIRECTOR · 5 hrs/week $20,000
PAUL FROMERDIRECTOR · 5 hrs/week $20,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (7)

WILLIAM R HANSENCHIEF ADMINISTRATIVE OFFICER

WILLIAM MARKENSONCEO, BOARD CHAIRMAN

SHERYL LEVYPROGRAM DIRECTOR AND OFFICE MANAGER

DONALD STERNBERGDIRECTOR

JANET MURILLODIRECTOR/SECRETARY

LAURA JOHNSONDIRECTOR

PAUL FROMERDIRECTOR

About this charity

Recognized since
January 1984
Location
840 APOLLO ST STE 306, EL SEGUNDO, CA 90245-4763
County
Los Angeles
In care of
William Hansen
Primary officer
William Hansen, Chief Administrative Officer

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
NTEE classification
Public & Societal Benefit (W600)
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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