Indian River Education Fund
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE INDIAN RIVER EDUCATION FUND BRINGS TOGETHER CIVIC AND CORPORATE LEADERS TO SUPPORT INNOVATION, STRENGTHEN PUBLIC SCHOOLS, AND ALIGN COMMUNITY INVESTMENT WITH DISTRICT PRIORITIES.OUR VISION IS TO MAKE SDIRC THE BEST CHOICE FOR EDUCATION IN INDIAN RIVER COUNTY.THE INDIAN RIVER EDUCATION FUND WAS CREATED AT A MOMENT OF BOTH ACHIEVEMENT AND CHANGE FOR PUBLIC EDUCATION IN INDIAN RIVER COUNTY. AS THE DISTRICT HAS STRENGTHENED ITS PERFORMANCE, THE EDUCATIONAL LANDSCAPE HAS ALSO BECOME MORE COMPETITIVE, WITH FAMILIES HAVING MORE CHOICES THAN EVER BEFORE. THE FUND WAS ESTABLISHED TO HELP SUSTAIN DISTRICT MOMENTUM, SUPPORT INNOVATION, AND ALIGN PRIVATE-SECTOR INVESTMENT WITH DISTRICT PRIORITIES. TODAY, ITS STRATEGIC DIRECTION IS CENTERED ON TWO CORE FOCUS AREAS, LEADERSHIP AND INNOVATION, WITH THE GOAL OF ACCELERATING SCHOOL IMPROVEMENT AND IMPROVING STUDENT OUTCOMES.
- Income
- $911,969
- Spending
- $813,084
- Spent on programs
- 74%
- Reserves
- 0.2 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 0
- Volunteers
- 5
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: 69 out of 100. Higher than 36% of charities in its peer group (education, $250k to $1m).
Reserves
4 of 35Spendable reserves would cover 0.2 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 11% of income.
Income trend
15 of 15Income rose 273% on the year before.
Spending floor
15 of 1573% of spending went to programs and raising each dollar of donations cost 6 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
Good: 84 out of 100. Higher than 73% of charities in its peer group (education, $250k to $1m).
Independent board
25 of 255 of 5 voting board members are independent.
Conflict of interest policy
15 of 15Has a 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.
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)
- $597,221 spent. DURING ITS FIRST FULL OPERATING YEAR, THE FUND DIRECTED PROGRAM INVESTMENTS THROUGH ITS LEADERSHIP AND INNOVATION FOCUS AREAS, WORKING IN CLOSE PARTNERSHIP WITH THE SCHOOL DISTRICT OF INDIAN RIVER COUNTY AND SUPERINTENDENT DR. DAVID MOORE.MAJOR PROGRAM ACTIVITIES INCLUDED: - CROSS-SECTOR LEADERSHIP INSTITUTE BRINGING TOGETHER LEADERS FROM AVIATION, EDUCATION, BANKING, AND LAW TO BUILD CROSS-SECTOR COLLABORATION, BOLSTER LEADERSHIP SKILLS, AND EXPOSE PARTICIPANTS TO DIFFERENT WAYS OF THINKING. - MATH EXPERTISE AT MIDDLE SCHOOLS SUPPORTING PROFESSIONAL LEARNING TO STRENGTHEN MIDDLE-SCHOOL MATH INSTRUCTION. - AI PILOT FUNDING A CLASSROOM PILOT OF AN AI-POWERED LEARNING ASSISTANT TO TEST THE IMPACT ON STUDENT OUTCOMES AND TEACHER PRODUCTIVITY. - STRATEGIC SCHOOL RE-DESIGN AND INNOVATION SUPPORTING THE DISTRICT'S EXPLORATION OF NEW SCHOOL MODELS THROUGH DESIGNED, A STRUCTURED DESIGN-AND-PROTOTYPE PROCESS FOR EDUCATORS, AND THE INNOVATION TASK FORCE CONVENING DISTRICT LEADERS TO ADDRESS PRIORITY CHALLENGES. - REGIONAL SCIENCE & ENGINEERING FAIR UNDERWRITING THE ANNUAL DISTRICT SCIENCE FAIR TO EXPAND ACCESS AND INCREASE STUDENT PARTICIPATION. - STEP INTO KINDERGARTEN ENSURING ALL STUDENTS START SCHOOL READY TO LEARNTHE FUND ALSO RECRUITED AND SEATED A FOUNDING BOARD OF DIRECTORS, COMPLETED ALL LEGAL AND ADMINISTRATIVE STEPS REQUIRED TO OPERATE AS A DSO AND FLORIDA NONPROFIT, AND ADOPTED A STRATEGIC APPROACH ALIGNED WITH DISTRICT PRIORITIES. IN PARTNERSHIP WITH THE DISTRICT, THE FUND WILL CONTINUE TO IDENTIFY AND ADVANCE PROGRAMS THAT DRIVE SUSTAINED SUCCESS AND MAKE SDIRC THE BEST CHOICE FOR K12 EDUCATION IN OUR COMMUNITY.
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 September 7, 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 September 30, 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 September 10, 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 September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 7, 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.