EDA Foundation
Charitable organization · Newmarket, Ontario · BN 700993710RR0001 · Education in the Arts
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($11,198) as filed with the CRA.
EDA Foundation is a charitable organization based in Newmarket, Ontario, classified by the CRA under education in the arts. In its fiscal year ending December 31, 2024, it reported $7,672 in revenue and $11K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 100% from donations. In 2022, 1 other registered charity reported granting it a combined $322.
Compared with 3,624 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 81% of peers.
Revenue has declined over its filings on record here, from $16K in 2020 to $7,672 in 2024. Its filed list of directors and trustees shows 2 names.
In its own words
Eda aims to provide focused support to young ethnically diverse artists empowering canadian talent with the resources they need to break into the industry.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $7,672 | $11K | $11K | — | — | -$1,952 |
| 2023 | $26K | $16K | $16K | — | — | $1,574 |
| 2022 | — | $4,551 | $4,551 | — | — | -$8,863 |
| 2021 | — | $14K | $14K | — | — | — |
| 2020 | $16K | $7,068 | $0 | — | $0 | $23K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2022
Received $322 from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Mena Massoud (founder); Ali Mashayekhi (executive director).
As listed on its 2024 return.
Check the source
Every figure on this page is from EDA Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 700993710RR0001), or read how we compute the receipt.