Fellowship For Race & Equity In Education is a 501(c)(3) organization based in Washington, District of Columbia, registered in 2015, with $969,062 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$969K
▼ 14.5% vs prior year
Education median: $200K
Expenses (FY2024)
$2.0M
Net assets
$368K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Fellowship For Race & Equity In Education— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Fellowship For Race & Equity In Education: 2 mo reserves · -104% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Fellowship For Race & Equity In Education— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Fellowship For Race & Equity In Education: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $90K (FY2014) to $969K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
-104.3%
Spent more than it raised in the latest fiscal year.
Total assets
$709K
Total liabilities
$341K
Net assets
$368K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $969,062▼14.5% | $1,979,908▼26.1% | $368,101▼73.3% | $709,154▼56.3% | 990 |
| 2023 | $1,133,453▼57.4% | $2,680,154▲7.4% | $1,378,947▼52.9% | $1,624,217▼51.3% | 990 |
| 2022 | $2,663,439▲47.2% | $2,495,433▲55.1% | $2,925,648▲6.1% | $3,334,864▲7.6% | 990 |
| 2021 | $1,808,810▼33.8% | $1,608,579▲48.0% | $2,757,642▲7.8% | $3,098,047▲14.4% | 990 |
| 2020 | $2,731,069▲81.2% | $1,086,707▲14.1% | $2,557,411▲180% | $2,707,596▲147% | 990 |
| 2019 | $1,507,042▲213% | $952,383▲57.0% | $913,049▲155% | $1,098,109▲166% | 990 |
| 2018 | $480,973▼35.4% | $606,523▼3.0% | $358,390▲26.2% | $412,587▲41.0% | 990 |
| 2017 | $744,023▲127% | $625,248▲127% | $283,878▲71.9% | $292,716▲77.3% | 990 |
| 2016 | $327,313▲265% | $275,715▲638% | $165,103▲216% | $165,103▲216% | 990 |
| 2014 | $89,600 | $37,378 | $52,222 | $52,222 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
10 grants to Fellowship For Race & Equity In Education totaling $2.5M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Donor Advised Charitable Giving | Education | 2023 | $25,000 |
| Silicon Valley Community Foundation | Education | 2021 | $200,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $50,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $50,000 |
| Silicon Valley Community Foundation | Education | 2020 | $1,345,000 |
| New Schools Fund | Diverse leaders | 2020 | $215,000 |
| The Aspen Institute Inc | Mcnulty catalyst award | 2020 | $15,000 |
| New Schools Fund | Diverse leaders | 2018 | $205,000 |
| Silicon Valley Community Foundation | Education | 2017 | $350,000 |
| New Schools Fund | Diverse leaders | 2015 | $20,000 |
Explore more
Data for Fellowship For Race & Equity In Education (EIN 47-1809869) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.