Foundation For Excellence Ineducation Inc
- Assets
- $26.8m
- Revenue
- $21.9m
- Investments
- $8.0m
- Employees
- 64
- Location
- Tallahassee, FL
- Founding
- 11/2007
- Data as of
- 12/2022
- EIN
- 26-0615175
Organization Overview
Foundation For Excellence Ineducation Inc is located in Tallahassee, FL. The organization was established in 2007. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. As of 12/2022, Foundation For Excellence Ineducation Inc employed 64 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Excellence Ineducation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Foundation For Excellence Ineducation Inc generated $21.9m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $9.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Foundation For Excellence Ineducation Inc has awarded 24 individual grants totaling $1,099,491. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
BUILDING A FUTURE WHERE STUDENT-CENTERED EDUCATION UNLOCKS LIFELONG OPPORTUNITY AND SUCCESS
Describe the Organization's Program Activity:
Part 3 - Line 4a
INNOVATIONEXCELINED'S INNOVATION PROGRAM FOCUSES ON EXPANDING ALTERNATIVE LEARNING MODELS AND PREPARING STUDENTS FOR SUCCESS AFTER GRADUATION THROUGH WORKFORCE-ALIGNED COLLEGE AND CAREER PATHWAYS.
OPPORTUNITYEXCELINED'S OPPORTUNITY PROGRAM SEEKS TO EMPOWER FAMILIES WITH CHOICE AND EDUCATIONAL OPTIONS THAT BEST MEET THE UNIQUE NEEDS OF INDIVIDUAL STUDENTS. POLICY SOLUTIONS INCLUDE EXPANDING PUBLIC AND PRIVATE SCHOOL CHOICE THROUGH OPEN ENROLLMENT, PUBLIC CHARTER SCHOOLS, VOUCHERS, TAX-CREDIT SCHOLARSHIPS AND EDUCATION SCHOLARSHIP ACCOUNTS (ESA). ARTS FOR LIFEARTS FOR LIFE AWARDED SCHOLARSHIPS TO GRADUATING FLORIDA HIGH SCHOOL SENIORS WHO EXCELLED IN VISUAL ARTS, MUSIC, DANCE, DRAMA OR CREATIVE WRITING TO SUPPORT THEIR GOAL OF HIGHER EDUCATION.
QUALITYEXCELINED'S QUALITY PROGRAM STRIVES TO CLOSE PERSISTENT LEARNING GAPS AND GUARANTEE THE ACADEMIC SUPPORT THAT EVERY CHILD NEEDS TO LEARN, SUCCEED, AND ACHIEVE THEIR FULL POTENTIAL. EXCELINED FOCUSES ON POLICY SOLUTIONS THAT HOLD SCHOOLS ACCOUNTABLE FOR STUDENT SUCCESS, ENSURE ALL LEARNERS ARE READING BY THE END OF THIRD GRADE, EMPOWER FAMILIES WITH TRANSPARENT INFORMATION, AND MODERNIZE FUNDING FORMULAS.
NATIONAL SUMMIT ON EDUCATIONEXCELINED HOSTED THE 2022 NATIONAL SUMMIT ON EDUCATION, WHICH CONVENED NEARLY 1,000 STATE AND NATIONAL LEADERS TO EXCHANGE RESULTS-BASED POLICY SOLUTIONS AND STRATEGIES THAT ARE SHAPING PUBLIC POLICY AND TRANSFORMING EDUCATION SYSTEMS ACROSS THE COUNTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricianna Levesque CEO | Officer | 33 | $443,018 |
Deena Reppen Chief Operating Officer | Officer | 35 | $339,666 |
Lizzette Reynolds VP Of Policy | 40 | $242,449 | |
Christy L Sandberg Senior Policy Fellow | 40 | $193,037 | |
Kymyona Burk Senior Policy Fellow | 40 | $188,258 | |
Matthew Joseph Senior Policy Fellow | 40 | $179,882 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Powers Compliance Pllc Legal Services | 12/30/21 | $127,228 |
District Management Group Llc Research Support | 12/30/21 | $105,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,931,445 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,931,445 |
| Total Program Service Revenue | $616,563 |
| Investment income | $274,512 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $2 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $74,493 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,897,954 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $202,000 |
| Grants and other assistance to domestic individuals. | $29,569 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $961,815 |
| Compensation of current officers, directors, key employees. | $357,696 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,639,917 |
| Pension plan accruals and contributions | $130,156 |
| Other employee benefits | $550,672 |
| Payroll taxes | $393,000 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $141,180 |
| Fees for services: Accounting | $31,504 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $15,092 |
| Fees for services: Other | $226,832 |
| Advertising and promotion | $10,326 |
| Office expenses | $40,440 |
| Information technology | $57,906 |
| Royalties | $0 |
| Occupancy | $54,974 |
| Travel | $233,304 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $156,670 |
| Conferences, conventions, and meetings | $1,266,884 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,970 |
| Insurance | $15,308 |
| All other expenses | $378,172 |
| Total functional expenses | $9,570,691 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,677,965 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $12,932,326 |
| Accounts receivable, net | $147,249 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $42,090 |
| Prepaid expenses and deferred charges | $105,149 |
| Net Land, buildings, and equipment | $15,733 |
| Investments—publicly traded securities | $3,724,812 |
| Investments—other securities | $8,030,134 |
| Investments—program-related | $0 |
| Intangible assets | $23,222 |
| Other assets | $112,010 |
| Total assets | $26,810,690 |
| Accounts payable and accrued expenses | $994,170 |
| Grants payable | $0 |
| Deferred revenue | $130,074 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $523,763 |
| Total liabilities | $1,648,007 |
| Net assets without donor restrictions | $12,000,081 |
| Net assets with donor restrictions | $13,162,602 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $26,810,690 |
Grants Awarded
Over the last fiscal year, Foundation For Excellence Ineducation Inc has awarded $200,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE LEARNING AGENCY PURPOSE: DATA SCIENCE EDUCATION | $100,000 |
BOSTON UNIVERSITY PURPOSE: LITERACY RESEARCH | $100,000 |