THE MISSION OF EDUCATIONAL ASSISTANCE LTD. IS TO GIVE STUDENTS WITH FINANCIAL NEEDS THE OPPORTUNITY TO ATTEND COLLEGE. WITH A FOCUS ON EDUCATION AND THE ENVIRONMENT, EDUCATIONAL ASSISTANCE LTD. EXTENDS THE USEFUL LIFE OF SLOW-MOVING AND EXCESS INVENTORY DONATIONS BY REDISTRIBUTING THESE GIFTS TO 2- AND 4-YEAR COLLEGES AND UNIVERSITIES, INCLUDING COMMUNITY COLLEGES AND TRIBAL INSTITUTIONS HELPING THEM LOWER THEIR OPERATING EXPENSES. IN TURN, THESE SCHOOLS HELP THEIR STUDENTS WITH SCHOLARSHIPS ENABLING THEM TO TRANSFORM THEIR OWN LIVES. PRODUCTS NOT SUITABLE FOR USE ON CAMPUS ARE RECYLED, REPAIRED, OR CONVERTED TO CASH TO FUND ADDITIONAL SCHOLARSHIPS IN THE FORM OF CASH GIFTS TO PARTNER SCHOOLS. IN 2017, EDUCATIONAL ASSISTANCE LTD. REBRANDED AS EALGREEN TO CELEBRATE THE SUCCESS OF THIS CIRCULAR ECONOMY MODEL AND THE 21,000 STUDENTS WHO HAVE RECEIVED SCHOLARSHIPS TO DATE.
Executive compensation, broken down
Form 990 · Schedule J · 3 reported individuals · Filing year 2024
- Base
- $253k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $155k
- Bonus
- —
- Other
- —
- Benefits
- —
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO | $253k | — | — | — | $253k $272k |
unclassified | $155k | — | — | — | $155k $167k |
unclassified | — | — | — | — | $100k $108k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 16 unpaid individuals.
Down 8%
from 2023
From $274k in 2023 to $253k in 2024.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Revenue and expenses over time
EDUCATIONAL ASSISTANCE LTD DBA EALGREEN reported revenue and expenses across 2 filing years.
What Education executives earn in Illinois
Comparable education organizations in Illinois pay their highest-earning executive a median of $79,978.
These are education sector-wide figures, not this organization's reported pay. Based on 362 organizations across 362 filings (2021 – 2023).
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