Foundation for Educational Services Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
FES' MISSION IS TO BE A FOUNDATION OF SUPPORT FOR OUR AFFILIATES AND OTHER NONPROFITS BY PROVIDING PRODUCTS, SERVICES, & RESOURCES SO THEY CAN FULFILL THEIR MISSIONS.
- Income
- $21.5 million
- Spending
- $22.2 million
- Spent on programs
- 92%
- Reserves
- 1.8 months of spending
- Largest source of income
- fees for its services, 89%
- Employees
- 194
- Volunteers
- 0
- Highest pay
- $422,518, president
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 48 out of 100.
Reserves
10 of 35Spendable reserves would cover 1.8 months of spending.
Debt
5 of 20It owes 51% of what it owns.
Living within its means
8 of 15Spending exceeded income by 3% of income.
Income trend
10 of 15Income fell 2% on the year before.
Spending floor
15 of 1592% of spending went to programs.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100.
Independent board
25 of 257 of 9 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 September 30, 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 (3)
- $18.7 million spent. SUPPORTING OUR AFFILIATES - FES PROVIDES KEY SUPPORT SERVICES TO ACHIEVE THE RESPECTIVE MISSIONS AND DAY TO DAY ACTIVITIES AND PROGRAMS OF NEBRASKA STUDENT LOAN PROGRAM (NSLP) AND EDUCATIONQUEST FOUNDATION. THESE SERVICES INCLUDE TECHNICAL, PROGRAMMING, AND DESIGN SERVICES, ADMINISTRATIVE SUPPORT SERVICES, PAYROLL AND HUMAN RESOURCE MANAGEMENT SERVICES, BUILDING SUPPORT SERVICES, DISASTER RECOVERY, TECHNICAL NETWORK SECURITY INFRASTRUCTURE AND SUPPORT. KEY OBJECTIVES WERE COMPLETED THAT MOVED ALL ORGANIZATIONS FORWARD IN DELIVERING OR ENHANCING THEIR SERVICES FOR THEIR STAKEHOLDERS.
- $489,719 spent. FES IS ENGAGED IN THE PROMOTION OF INTELLECTUAL PROPERTY IN THE FORM OF A CONTENT MANAGEMENT SYSTEM WHICH INCLUDES WEBHOSTING. THESE SERVICES ARE OFFERED TO K-12 AND OTHER NOT-FOR-PROFITS. PROVIDING A SIMPLIFIED ONLINE COMMUNICATION SYSTEM (SOCS) - FES PROVIDES THE SOCS PLATFORM TO K-12 AND OTHER NOT-FOR-PROFIT CLIENTS TO ENABLE THEM TO BETTER CONNECT TO THE COMMUNITIES THEY SERVE. THIS SERVICE IS CURRENTLY BEING PROVIDED TO APPROXIMATELY 400 CLIENTS.
- $1.3 million spent. FES PROVIDES SUPPORT SERVICES TO K-12 AND OTHER NOT-FOR-PROFIT ORGANIZATIONS. SUPPORT SERVICES INCLUDE IT SECURITY, MARKETING SERVICES AND PROMOTIONAL SERVICES, NETWORK SUPPORT, BOOKKEEPING AND PAYROLL SERVICES. FES PROVIDES THESE SERVICES TO NOT-FOR-PROFIT ORGANIZATIONS TO IMPROVE THEIR OPERATIONAL EFFICIENCIES AND TO FOCUS ON THEIR MISSION-DRIVEN PURPOSE.
Source: Form 990 for the year ending September 30, 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 October 13, 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 September 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 October 1987.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 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.