Free 2 Teach Foundation is a 501(c)(3) organization based in Huntsville, Alabama, registered in 2012, with $2,825,713 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$2.8M
▲ 127.3% vs prior year
Education median: $200K
Expenses (FY2024)
$2.7M
Net assets
$1.4M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Free 2 Teach Foundation— 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 Free 2 Teach Foundation: 6 mo reserves · +6% margin earns a A 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 Free 2 Teach Foundation— 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 Free 2 Teach Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $107K (FY2012) to $2.8M (FY2024) across 13 reported years.
Financial snapshot
Operating margin
5.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$94K
Net assets
$1.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,825,713▲127% | $2,662,121▲31.6% | $1,434,644▲13.5% | $1,528,542▲20.6% | 990 |
| 2023 | $1,242,997▼41.1% | $2,023,647▲10.5% | $1,263,506▼38.2% | $1,267,589▼38.2% | 990 |
| 2022 | $2,111,531▲67.5% | $1,832,013▲15.6% | $2,044,156▲15.8% | $2,052,624▲15.2% | 990 |
| 2021 | $1,260,971▼13.3% | $1,584,357▲25.4% | $1,764,638▼15.5% | $1,781,937▼14.7% | 990 |
| 2020 | $1,454,219▲7.6% | $1,263,847▼8.9% | $2,088,024▲10.0% | $2,089,169▲8.1% | 990 |
| 2019 | $1,351,605▼29.9% | $1,387,091▼8.6% | $1,897,652▼1.8% | $1,932,051▼0.1% | 990 |
| 2018 | $1,927,151▼13.2% | $1,517,860▲8.6% | $1,933,138▲26.9% | $1,934,591▲26.4% | 990 |
| 2017 | $2,220,966▲75.1% | $1,397,194▲24.8% | $1,523,847▲118% | $1,530,431▲113% | 990 |
| 2016 | $1,268,337▲39.6% | $1,119,420▲9.9% | $698,797▲27.1% | $719,474▲26.3% | 990 |
| 2015 | $908,795▲4.5% | $1,018,953▲33.6% | $549,880▼17.1% | $569,519▼14.4% | 990 |
| 2014 | $869,936▲1221% | $762,770▲1031% | $663,129▲651% | $665,579▲641% | 990 |
| 2013 | $65,832▼38.6% | $67,445▲289% | $88,343▼1.8% | $89,801▼0.2% | 990EZ |
| 2012 | $107,294 | $17,348 | $89,956 | $89,956 | 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.
26 grants to Free 2 Teach Foundation totaling $565K, reported by foundations on their Schedule I filings — showing the 15 most recent.
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Data for Free 2 Teach Foundation (EIN 45-6634323) 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.