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California Education Assistance Inc

EL SEGUNDO, CA EIN: 95-3705585 Website

California Education Assistance's 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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$34.2M

+33.7% YoY

Annual Giving

$281K

Grant Count

4

Avg Grant Size

$70K

About California Education Assistance Inc

Based on IRS filings

California Education Assistance Inc is a nonprofit organization focused on Public, Societal Benefit, based in EL SEGUNDO, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $34.2M in total assets. In 2024, it awarded 4 grants totaling $281K. Net investment income was $1.4M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

IndianapolisLos AngelesRichmondSan Diego

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$7M$10M$14M2021202220232024
Metric202420232022
Total Assets$34,153,565$25,547,209$61,569,609
Revenue$1,420,060$-40,518,536$5,955,718
Expenses$3,318,910$1,434,365$3,035,832
Qualifying Distributions
Net Investment Income$1,420,060$-40,518,536$1,137
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$70K$141K$211K$281K0 grants20210 grants20220 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Strada Collaborative Inc$156KBay Area Girls Club$50KJovenes Inc$50KGoal Beyond Inc$25K

Grant Size Distribution

4 grants across all recorded years

1<$50K2$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

7 open opportunities from California Education Assistance Inc

Show all 7 →

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Strada Collaborative Inc ($156,070), Bay Area Girls Club ($50,000), Jovenes Inc ($50,000).

RecipientPurposeAmount
Strada Collaborative Inc Indianapolis, INFunding for InsideTrack Student Success Coaching that is designed to improve student engagement, persistence, and satisfaction while generating valuable insights to inform institutional decision-making. Through digital guidance, outreach, and one-on-one meetings, coaches ensure that students engage with available resources and develop a plan to efficiently and effectively complete their degree program.$156,070
Bay Area Girls Club Richmond, CAProvide grant to Bay Area Girls Club for its College and Career Exploration, Essential Life Skills, Exposure to College Campus Life Workshops. In partnership with RPAL's Richmond Young Scholars (RYS) program, a nonprofit organization that provides support for youth as they transition into adulthood, Bay Area Girls Club will take College Bound Girls along with other youth with RYS on a trip to explore HBCUs (Historically Black Colleges and Universities in Louisiana, Atlanta, and Alabama.$50,000
Jovenes Inc Los Angeles, CAGrant establishes CalEdAssist Scholarship Fund to support students in the Jovenes College Success Initiative, which seeks to assist homeless college students achieve their goals by providing housing and supportive services. By filling in the gaps of current public funding sources, this scholarship fund will assist students with academic needs such as class hold fees and necessary supplies.$50,000
Goal Beyond Inc San Diego, CAThe grant is to support borrower engagement as part of the Goal Beyond Debt Forgiveness Initiative. This will include issuing letters to over 6,000 borrowers, cross-referencing and validating their personal details in the Goal Beyond database, managing their on-boarding to the AscentUp training program, and supporting them with credit repair resources to improve their economic mobility.$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

William MarkensonCEO, Board Chairman$64KWilliam R HansenChief Administrative Officer$30KJanet MurilloDirector/Secretary$14KPaul FromerDirector$14KLaura JohnsonDirector$14KDonald SternbergDirector$14KSheryl LevyProgram Director$13K

From 2024 filing

NameTitleHoursCompensation
William R HansenChief Administrative Officer25$29,597
William MarkensonCEO, Board Chairman20$64,111
Sheryl LevyProgram Director20$12,635
Janet MurilloDirector/Secretary5$14,000
Paul FromerDirector5$14,000
Laura JohnsonDirector5$14,000
Donald SternbergDirector5$14,000

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is California Education Assistance Inc?

California Education Assistance Inc is a nonprofit organization focused on Public, Societal Benefit, based in EL SEGUNDO, CA. It holds $34.2M in total assets as of 2024.

How large is California Education Assistance Inc?

As of 2024, California Education Assistance Inc holds $34.2M in total assets with $1.4M in annual revenue. It awarded 4 grants totaling $281K in 2024.

Where does California Education Assistance Inc operate?

California Education Assistance Inc has awarded grants in California, Indiana.

What size grants does California Education Assistance Inc award?

In 2024, California Education Assistance Inc awarded 4 grants totaling $281K — an average of about $70K per grant, based on its IRS Form 990 filings.

What is California Education Assistance Inc's EIN?

California Education Assistance Inc's EIN (Employer Identification Number) is 95-3705585. IRS Form 990 filing data is available on this page for 2021–2024.

Explore Open Grants

Browse active grant opportunities in California Education Assistance Inc's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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