Foundation For Economic Education Inc
Foundation For Economic Education shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 136006960 · Atlanta, GA · NTEE: V22Z · Updated: 2026-03-28
Is Foundation For Economic Education Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Foundation For Economic Education Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Foundation For Economic Education Inc
Foundation For Economic Education Inc (EIN: 136006960) is a nonprofit organization based in Atlanta, GA, classified under NTEE code V22Z. The organization reported total revenue of $7.0M and total assets of $14.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundation For Economic Education Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Foundation For Economic Education Inc is a mid-size nonprofit that has been operating for 79 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 6.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.2M |
| Total Expenses | $7.8M |
| Surplus / Deficit | +$387K |
| Total Assets | $16.2M |
| Total Liabilities | $1.2M |
| Net Assets | $15.0M |
| Operating Margin | 4.7% |
| Debt-to-Asset Ratio | 7.4% |
| Months of Reserves | 24.8 months |
Financial Health Grade: A
In 2024, Foundation For Economic Education Inc reported a surplus of $387K with revenue exceeding expenses, holds 24.8 months of operating reserves (strong position), has a debt-to-asset ratio of 7.4% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Foundation For Economic Education Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -2.3% | +6.3% | +25.3% |
| 2023 | +13.7% | +18.3% | -1.7% |
| 2022 | -7.0% | +37.2% | +16.0% |
| 2021 | +23.3% | -33.5% | +57.8% |
| 2020 | +31.2% | +14.5% | -15.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1947 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Foundation For Economic Education Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 12%
- programs: 80%
- fundraising: 8%
According to IRS 990 filings, Foundation For Economic Education Inc allocates its expenses as follows: admin: 12%, programs: 80%, fundraising: 8%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $387K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with annual revenues exceeding $8 million. This suggests either a volunteer executive leadership or compensation structured in a way not reported as 'officer compensation' on the 990, which warrants further investigation for full transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Foundation For Economic Education Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and could indicate compensation is reported under other categories or a highly unusual executive structure.
Strengths
The following positive indicators were identified for Foundation For Economic Education Inc:
- Consistent revenue growth, increasing from $4,068,018 in 2017 to $8,193,047 in 2024.
- Strong asset accumulation, with assets growing from $8,917,599 in 2017 to $16,156,268 in 2024.
- Positive net income in most recent years, indicating financial sustainability.
- Low liabilities relative to assets, suggesting strong solvency.
- Consistent IRS 990 filing history, demonstrating transparency.
Frequently Asked Questions about Foundation For Economic Education Inc
Is Foundation For Economic Education Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Foundation For Economic Education Inc (EIN: 136006960) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Foundation For Economic Education Inc spend its money?
Foundation For Economic Education Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Foundation For Economic Education Inc tax-deductible?
Foundation For Economic Education Inc is registered as a tax-exempt nonprofit (EIN: 136006960). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Foundation For Economic Education Inc a good charity?
Based on the provided financial data, FEE appears to be a financially healthy and well-managed organization with consistent revenue growth and increasing assets. The lack of reported officer compensation is a notable point for transparency, though it might warrant further inquiry into how executive leadership is compensated.
How has FEE's financial health changed over time?
FEE has shown significant financial improvement, with revenue growing from $4,068,018 in 2017 to $8,193,047 in 2024, and assets increasing from $8,917,599 to $16,156,268 in the same period. This indicates strong financial growth and stability.
What is the trend in FEE's net income?
FEE has generally maintained positive net income in recent years, with expenses consistently lower than revenue, such as in 2024 ($8,193,047 revenue vs. $7,805,668 expenses) and 2023 ($8,382,470 revenue vs. $7,341,550 expenses), indicating financial sustainability.
Filing History
IRS 990 filing history for Foundation For Economic Education Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Foundation For Economic Education Inc's revenue has grown by 114.7%, moving from $3.8M to $8.2M. Total assets increased by 158.2% over the same period, from $6.3M to $16.2M. Total functional expenses rose by 174%, from $2.8M to $7.8M. In its most recent filing year (2024), Foundation For Economic Education Inc reported a surplus of $387K, with revenue exceeding expenses. The organization holds $1.2M in liabilities against $16.2M in assets (debt-to-asset ratio: 7.4%), resulting in net assets of $15.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $8.2M | $7.8M | $16.2M | $1.2M | — | — |
| 2023 | $8.4M | $7.3M | $12.9M | $1.0M | — | View 990 |
| 2022 | $7.4M | $6.2M | $13.1M | $879K | — | View 990 |
| 2021 | $7.9M | $4.5M | $11.3M | $318K | — | — |
| 2020 | $6.4M | $6.8M | $7.2M | $327K | — | View 990 |
| 2019 | $4.9M | $5.9M | $8.4M | $826K | — | View 990 |
| 2018 | $5.2M | $5.3M | $9.2M | $983K | — | View 990 |
| 2017 | $4.1M | $4.0M | $8.9M | $918K | — | View 990 |
| 2016 | $3.6M | $3.8M | $7.9M | $431K | — | View 990 |
| 2015 | $5.3M | $3.8M | $8.4M | $507K | — | — |
| 2014 | $4.8M | $3.8M | $7.6M | $607K | — | View 990 |
| 2013 | $3.2M | $3.0M | $6.3M | $543K | — | View 990 |
| 2012 | $2.6M | $2.7M | $6.1M | $499K | — | View 990 |
| 2011 | $3.8M | $2.8M | $6.3M | $445K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $8.2M, expenses of $7.8M, and assets of $16.2M (revenue -2.3% year-over-year).
- 2023: Revenue of $8.4M, expenses of $7.3M, and assets of $12.9M (revenue +13.7% year-over-year).
- 2022: Revenue of $7.4M, expenses of $6.2M, and assets of $13.1M (revenue -7.0% year-over-year).
- 2021: Revenue of $7.9M, expenses of $4.5M, and assets of $11.3M (revenue +23.3% year-over-year).
- 2020: Revenue of $6.4M, expenses of $6.8M, and assets of $7.2M (revenue +31.2% year-over-year).
- 2019: Revenue of $4.9M, expenses of $5.9M, and assets of $8.4M (revenue -6.4% year-over-year).
- 2018: Revenue of $5.2M, expenses of $5.3M, and assets of $9.2M (revenue +28.6% year-over-year).
- 2017: Revenue of $4.1M, expenses of $4.0M, and assets of $8.9M (revenue +14.2% year-over-year).
- 2016: Revenue of $3.6M, expenses of $3.8M, and assets of $7.9M (revenue -32.7% year-over-year).
- 2015: Revenue of $5.3M, expenses of $3.8M, and assets of $8.4M (revenue +10.9% year-over-year).
- 2014: Revenue of $4.8M, expenses of $3.8M, and assets of $7.6M (revenue +47.2% year-over-year).
- 2013: Revenue of $3.2M, expenses of $3.0M, and assets of $6.3M (revenue +27.1% year-over-year).
- 2012: Revenue of $2.6M, expenses of $2.7M, and assets of $6.1M (revenue -33.1% year-over-year).
- 2011: Revenue of $3.8M, expenses of $2.8M, and assets of $6.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Foundation For Economic Education Inc:
Data Sources and Methodology
This transparency report for Foundation For Economic Education Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.