The Education Foundation of Alachua County Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
OUR MISSION IS TO INVEST IN THE FUTURE OF ALACHUA COUNTY PUBLIC SCHOOL STUDENTS THROUGH STUDENT SCHOLARSHIPS, MENTORING, AND WITH GRANTS TO BOTH SCHOOLS AND TEACHERS.
- Income
- $1.8 million
- Spending
- $1.4 million
- Spent on programs
- 85%
- Reserves
- 8.2 months of spending
- Largest source of income
- donations and private grants, 80%
- Employees
- 0
- Volunteers
- 800
- Highest pay
- $79,999, executive director
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 93 out of 100. Higher than 83% of charities in its peer group (education, $1m to $10m).
Reserves
28 of 35Spendable reserves would cover 8.2 months of spending.
Debt
20 of 20It owes 5% of what it owns.
Living within its means
15 of 15Income exceeded spending by 25% of income.
Income trend
15 of 15Income rose 20% on the year before.
Spending floor
15 of 1585% of spending went to programs and raising each dollar of donations cost 2 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 93 out of 100. Higher than 63% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 2516 of 16 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
0 of 7Reports no 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 June 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 (1)
- $1.2 million spent. THE EDUCATION FOUNDATION (TEFAC) WAS FOUNDED TO SUPPORT ALACHUA COUNTY PUBLIC SCHOOLS. TEFAC SUPPORTS THE SCHOOLS THROUGH TAKE STOCK IN CHILDREN, SENIOR SCHOLARSHIPS, CATALYST FOR CHANGE, AND OTHER PROGRAMS. DURING THE 2024-2025 FISCAL YEAR: 102 HIGH SCHOOL SENIORS RECEIVED COLLEGE SCHOLARSHIPS TOTALING OVER $200,000. OVER 250 STUDENTS ENROLLED IN THE TAKE STOCK IN CHILDREN PROGRAM, OUR LARGEST PROGRAM THAT INCLUDES ONE-ON-ONE MENTORING, COLLEGE SUCCESS COACHING AND WORKSHOPS, AND 2-YEAR FLORIDA PREPAID PROJECT STARS SCHOLARSHIPS FOR LOW-INCOME, AT-RISK STUDENTS. 40 TEACHER OF THE YEAR AWARDS WERE GIVEN ACROSS THE 40 SCHOOLS IN OUR DISTRICT. 19 TEACHERS AND SCHOOLS WERE AWARDED CATALYST FOR CHANGE GRANTS TOTALING OVER $140,000 FOR PROJECTS FOCUSED: ON CAREER/TECHNICAL EDUCATION, INCREASING GRADUATION RATES, LITERACY, LOW-PERFORMING STUDENTS, STEM PROGRAMS, AND/OR TEACHING QUALITY. 16 STUDENTS PARTICIPATED IN AMPLIFIED, A STUDENT VOICE COALITION.
Source: Form 990 for the year ending June 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 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 June 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 1986.
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 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.