Education Is Freedom Foundation
Public records raise at least one point you should look into before giving.
What it says it does
Education is Freedom (EIF) is a 501(c)3 nonprofit organization founded in 2002 by a visionary board of corporate leaders who imagined a world where every young person could pursue a college education. Our mission is to transform lives through education.
- Income
- $10.8 million
- Spending
- $9.4 million
- Spent on programs
- 92%
- Reserves
- 3.7 months of spending
- Largest source of income
- fees for its services, 56%
- Employees
- 180
- Volunteers
- 15
- Highest pay
- $268,243, ceo
Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 81 out of 100. Higher than 75% of charities in its peer group (education, $10m to $100m).
Reserves
20 of 35Spendable reserves would cover 3.7 months of spending.
Debt
16 of 20It owes 18% of what it owns.
Living within its means
15 of 15Income exceeded spending by 13% of income.
Income trend
15 of 15Income rose 84% on the year before.
Spending floor
15 of 1592% of spending went to programs and raising each dollar of donations cost 11 cents.
Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 50% of charities in its peer group (education, $10m to $100m).
Independent board
25 of 2511 of 11 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $8.5 million spent. Education is Freedom (EIF) places Higher Education Advisors in public high schools, where they serve as on-campus experts in postsecondary pathways. These advisors provide individualized support and workshops to help students navigate college admissions, financial aid, military pathways, and workforce preparation, ensuring they are equipped for successful postsecondary transitions. Education is Freedom also provides a middle school career exploration curriculum, the EIF Scholars program, An Evening with the Stars scholarship celebration, and community outreach programs. Our mission is to transform lives through education.
- $129,350 spent. In FY2025, EIF awarded over $129,000 in scholarships to 165 seniors from 38 high schools. With EIFs support, over 6,500 seniors enrolled in colleges and universities, providing an opportunity upon graduation for employment at a living wage. In 2025, the median weekly earnings for full-time workers age 25 with a high school diploma was $960, compared to $1,732 for those with a bachelors degree, reflecting an 80% increase.
Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending July 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 2002.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Caution.
California's Attorney General lists its registration as revoked as of December 31, 2003. Organizations on this list may not solicit donations in California.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.