Mission
To support New Hampshire students and families in navigating their education and career pathways by providing free advisory services, student loans and scholarships for post-secondary education.
Public Charity
Granite Edvance Corporation
Granite Edvance Corporation, of Concord, NH, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $61.2M in revenue, $59.2M in expenses, $912.8M in total assets. 2 publicly reported grants to this organization, totaling roughly $532K, appear in IRS filings.
EIN: 020368776
Concord, NH
Scholarships & Student Financial Aid
NTEE: B82
Latest filing: 2025
Total Revenue$61.2M
Total Expenses$59.2M
Total Assets$912.8M
Grant Records2
Funding Total$532K
Filing Years2021–2025
Where $100 goes at Granite Edvance Corporation
How Granite Edvance Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$94
Programs
the work itself
$6
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $94 for programs
$94
The Corporation was organized for the charitable and educational purpose of providing low-cost financial assistance primarily to eligible students attending college in New Hampshire or residents attending college…
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
FAFSA STUDENT SUPPORT
$506,652
Teaching & Leadership Fellowships
$25,000
Showing up to 5 of 2 total records — full history available with membership.
Officers & Directors
Gen. Counsel/Chief Compliance Off.
Blessing Chimwanda
Solutions Architect
Carlton Lewis
Treasurer; Trustee
Carol Houle
President & CEO
Christiana Thornton
VP, Information Security & Business Solutions
Christopher Nadeau
Trustee
Chuck Lloyd
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $61.2M | $59.2M | $912.8M |
| 2024 | $63.9M | $60.1M | $904.5M |
| 2023 | $61.7M | $60.4M | $915.7M |
| 2022 | $60.0M | $52.5M | $928.3M |
| 2021 | $75.1M | $62.1M | $910.6M |
Between 2021 and 2025, reported annual revenue declined from $75.1M to $61.2M (-19%), with total assets most recently reported at $912.8M.
Interactive year-over-year charts and full filing details available with membership.