El Dorado Education Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE FOUNDATION IS A NONPROFIT ORGANIZATION WHOSE FUNCTION IS TO PROVIDE FINANCIAL SUPPORT FOR PROGRAMS AND CURRICULUMS PROMOTING ACADEMIC EXCELLENCE IN THE EL DORADO PUBLIC SCHOOL SYSTEM. THIS SUPPORT IS MANIFEST IN THREE WAYS: ANNUAL GRANTS TO TEACHERS OR SCHOOLS TO FUND ACADEMIC PROGRAMS NOT OTHERWISE AVAILABLE, ANNUAL AWARDS FOR TEACHER EXCELLENCE, AND ACADEMIC CHAIR SPONSORSHIP.
- Income
- $147,671
- Spending
- $270,167
- Spent on programs
- 81%
- Reserves
- 89.3 months of spending
- Largest source of income
- investment income, 81%
- Employees
- 2
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 85 out of 100. Higher than 61% of charities in its peer group (education, under $250k).
Reserves
35 of 35Spendable reserves would cover 89.3 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 83% of income.
Income trend
15 of 15Income rose 38% on the year before.
Spending floor
15 of 1581% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 62 out of 100. Higher than 47% of charities in its peer group (education, under $250k).
Independent board
25 of 258 of 8 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no 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.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, 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 (4)
- $51,957 spent. 5 GRANTS WERE AWARDED TO LOCAL PUBLIC SCHOOLS FOR SPECIFIC ENRICHMENT PROGRAMS BASED ON TEACHER PROPOSALS. HUNDREDS OF STUDENTS PARTICIPATED. 17 EDUCATORS WERE AWARDED CASH PRIZES FOR EXCELLENCE. STUDENTS WERE AWARDED ACADEMIC LETTERMAN JACKETS. GRANT TO THE GIFTED AND TALENTED PROGRAM TO SPONSOR 10 STUDENTS FOR BETA MEMBERSHIP.
- $81,786 spent. MAINTAINING LITERACY CHAIR FOR GRADES K-12.
- $82,073 spent. MAINTAINING SCIENCE CHAIR FOR GRADES K-12.
- $2,579 spent. MAINTAINING MATH CHAIR FOR GRADES K-12.
Source: Form 990 for the year ending December 31, 2024, 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 December 2024.
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 1996.
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.