Fund For Educational Excellence Inc is a 501(c)(3) organization based in Baltimore, Maryland, registered in 1979, with $30,673,408 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$30.7M
▲ 44.0% vs prior year
Education median: $200K
Expenses (FY2024)
$27.9M
Net assets
$30.8M
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 Fund For Educational Excellence Inc— 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 Fund For Educational Excellence Inc: 13 mo reserves · +9% 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 Fund For Educational Excellence Inc— 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 Fund For Educational Excellence Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $5.0M (FY2013) to $30.7M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
9.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$35.1M
Total liabilities
$4.2M
Net assets
$30.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $30,673,408▲44.0% | $27,887,178▲1.9% | $30,837,594▲10.2% | $35,054,202▲12.1% | 990 |
| 2023 | $21,294,754▼4.6% | $27,361,712▲10.8% | $27,973,029▼17.6% | $31,258,443▼13.4% | 990 |
| 2022 | $22,332,215▼3.7% | $24,704,182▲6.0% | $33,954,852▼6.3% | $36,091,507▼5.3% | 990 |
| 2021 | $23,197,789▼36.5% | $23,310,321▲10.6% | $36,252,980▼0.5% | $38,110,666▼2.9% | 990 |
| 2020 | $36,549,916▲99.7% | $21,073,076▲13.3% | $36,424,259▲75.0% | $39,237,536▲65.8% | 990 |
| 2019 | $18,302,111▼24.0% | $18,594,138▲44.9% | $20,813,485▼1.3% | $23,667,148▲3.5% | 990 |
| 2018 | $24,091,662▲150% | $12,834,171▲48.1% | $21,093,576▲115% | $22,874,981▲119% | 990 |
| 2017 | $9,642,515▲33.9% | $8,667,213▲46.3% | $9,809,034▲14.4% | $10,455,987▲13.3% | 990 |
| 2016 | $7,203,612▲89.5% | $5,924,959▲61.5% | $8,575,158▲18.1% | $9,225,136▲4.6% | 990 |
| 2015 | $3,802,004▼36.5% | $3,668,224▼24.2% | $7,260,305▲2.0% | $8,815,881▼4.0% | 990 |
| 2014 | $5,984,362▲19.3% | $4,837,674▲1.7% | $7,119,518▲19.3% | $9,181,125▲30.0% | 990 |
| 2013 | $5,014,514 | $4,756,715▼17.3% | $5,967,223▲5.5% | $7,060,353▲12.1% | 990 |
| 2012 | — | $5,750,637▲33.1% | $5,654,274▲81.7% | $6,298,776▲67.1% | 990 |
| 2009 | — | $4,319,052 | $3,111,255 | $3,769,418 | 990 |
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.
102 grants to Fund For Educational Excellence Inc totaling $10.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Baltimore Community Foundation Inc | General support and various projects | 2024 | $175,156 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $175,000 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2024 | $79,500 |
| Baltimore Community Foundation Inc | General support and various projects | 2024 | $25,000 |
| Columbus Foundation | Education | 2024 | $20,000 |
| Baltimore Community Foundation Inc | General support and various projects | 2024 | $9,133 |
| American Online Giving Foundation Inc | General support | 2024 | $8,719 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $6,000 |
| Greater Washington Community Foundation | General support | 2024 | $5,000 |
| Johns Hopkins University | Contribution | 2023 | $329,294 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2023 | $225,000 |
| Open Society Policy Center Inc | To enable strong schools maryland, a fiscally sponsored project of the grantee, to support policy advocacy to ensure the equitable implementation of the blueprint for marylands future | 2023 | $200,000 |
| Baltimore Community Foundation Inc | General support and various projects | 2023 | $167,890 |
| Johns Hopkins University | Sub-award | 2023 | $133,500 |
| Open Society Policy Center Inc | To enable restorative schools maryland, a fiscally sponsored project of the grantee, to build the policy, funding and capacity support needed to implement restorative practices in schools in maryland | 2023 | $100,000 |
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Data for Fund For Educational Excellence Inc (EIN 52-1129402) 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.