The Foundation for Osceola Education Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
ENHANCE PUBLIC EDUCATION FOR OSCEOLA COUNTY SCHOOLS
- Income
- $24.2 million
- Spending
- $22.1 million
- Spent on programs
- 99%
- Reserves
- 1.7 months of spending
- Largest source of income
- government grants, 49%
- Employees
- 11
- Volunteers
- 301
- Highest pay
- $101,829, exec. dir.
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
Fair: 60 out of 100. Higher than 48% of charities in its peer group (education, $10m to $100m).
Reserves
10 of 35Spendable reserves would cover 1.7 months of spending.
Debt
5 of 20It owes 53% of what it owns.
Living within its means
15 of 15Income exceeded spending by 9% of income.
Income trend
15 of 15Income rose 11% on the year before.
Spending floor
15 of 1599% of spending went to programs and raising each dollar of donations cost 0 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: 100 out of 100. Higher than 50% of charities in its peer group (education, $10m to $100m).
Independent board
25 of 2537 of 37 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 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 (5)
- $20.4 million spent. CHARTER SCHOOLS: TO PROVIDE MORE CLASSROOMS FOR OSCEOLA COUNTY, AND TO PROMOTE A HIGH STANDARD OF EDUCATION FOR OSCEOLA COUNTY. THE EDUCATION FOUNDATION'S FAMILY OF CHARTER ACADEMIES CONSISTS OF TWO CHARTER SCHOOLS, BELLALAGO ACADEMY, AND P.M. WELLS CHARTER ACADEMY.
- $996,141 spent. SCHOLARSHIP COUNSELING: THE FOUNDATION OFFERS FREE SCHOLARSHIP COUNSELING TO HIGH SCHOOL SENIORS AND JUNIORS, RESULTING IN 602 SCHOLARSHIPS AWARDED TO GRADUATING SENIORS IN OSCEOLA COUNTY THIS YEAR.
- $244,002 spent. A GIFT FOR TEACHING: A FREE STORE FOR TEACHERS TO SHOP FOR SUPPLIES TO BE GIVEN TO NEEDY CHILDREN IN THEIR CLASSROOMS. THE MISSION IS TO ENSURE THAT CHILDREN AND CLASSROOMS IN THE COMMUNITY HAVE THE BASIC TOOLS FOR LEARNING.
- $264,444 spent. OTHER PROGRAM SERVICES INCLUDE: -TAKE STOCK IN CHILDREN -BOOKMARK BUDDIES -MEDICAL PIPELINE -CONSTRUCTION PIPELINE -ENHANCEMENT GRANTS
- OTHER PROGRAM SERVICES INCLUDE: -TAKE STOCK IN CHILDREN -BOOKMARK BUDDIES -MEDICAL PIPELINE -CONSTRUCTION PIPELINE -ENHANCEMENT GRANTS
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 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 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 1991.
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.