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Research and Public Policy : Social and Public Policy Research

Foundation for Economic Education

Inspire. Educate. Connect.

three stars

89.14

1819 Peachtree Street NE Suite 300
Atlanta, GA 30309
tel: (800) 960-4333   Web Site
EIN: 13-6006960

Board Leadership
Roger Ream
Chairman

CEO
Lawrence W. Reed
President

 
 
  Score
(out of 100) 		Rating
Overall Score & Rating 89.14 three stars
  Financial 84.95 three stars
  Accountability & Transparency 97.00 four stars
This rating was published 06/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Why isn't this based on more recent data?

FEE strives to bring about a world in which the economic, ethical, and legal principles of a free society are familiar and credible to the rising generation.

Through life-changing student seminars, free online courses, engaging classroom resources, and enlightening classic and contemporary online content, we teach young people the personal value of free markets, entrepreneurship, and strong character.

FEE strives to bring about a world in which the economic, ethical, and legal principles of a free society are familiar and credible to the rising generation.

Through life-changing student seminars, free online courses, engaging classroom resources, and enlightening classic and contemporary online content, we teach young people the personal value of free markets, entrepreneurship, and strong character.

Impact Information

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GuideStar is Charity Navigator's trusted partner in sharing information on how this organization seeks impact.  GuideStar has recognized this organization with a Platinum Seal of Transparency for voluntarily and publicly sharing information about how they measure their progress and results.  Learn More about Impact Information.
Reported Results
Showing 3 of 8
Total in 2018
Number of students at educational seminars
4,464
Number of educational seminars held
47
Number of online courses available at FEE.org
17
Number of students registered for online courses
25,000
Number of unique website visitors
8,100,000
Number of organizational partners
175
Number of views to video media
30,000,000
Number of Facebook followers
130,000
This organization has earned a GuideStar's Platinum Seal of Transparency by voluntarily sharing the measures of progress and results they use to pursue their mission. Organizations earn Platinum Seals by selecting from a catalog of over 900 expert recognized metrics or by creating a new metric that best fits their work. This information is reported by the organization and displayed publicly on their GuideStar Nonprofit Profile. With over 1.6 million Nonprofit Profiles, 9 million annual visitors and over 200 data partners, GuideStar is the world's leading source of information about nonprofit organizations. A nonprofit itself, GuideStar is dedicated to providing better data for better decisions for a better world.
This impact information is current as of November 2019, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Learn more about how we calculate the overall score and rating.

Financial

three stars

84.95

Accountability & Transparency

four stars

97.00

This rating was published 06/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Why isn't this based on more recent data?
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)		 76.1%
  Administrative Expenses 5.3%
  Fundraising Expenses 18.5%
  Fundraising Efficiency $0.21
  Working Capital Ratio (years) 1.52
  Program Expenses Growth 11.4%
  Liabilities to Assets 10.7%
All data for Financial Performance Metrics calculations was provided by Foundation for Economic Education on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Foundation for Economic Education on recent 990s filed with the IRS.
Information Provided on the Form 990  
  Independent Voting Board Members
  No Material diversion of assets
  Audited financials prepared by independent accountant
  Does Not Provide Loan(s) to or Receive Loan(s) From related parties
  Documents Board Meeting Minutes
  Provided copy of Form 990 to organization's governing body in advance of filing
  Conflict of Interest Policy
  Whistleblower Policy
  Records Retention and Destruction Policy
  CEO listed with salary
  Process for determining CEO compensation
  Board Listed / Board Members Not Compensated
Is the following information easily accessible on the charity's website?  
  Donor Privacy Policy
  Board Members Listed
  Audited Financials
  Form 990
  Key staff listed

Highly Rated

Charity Name & State Overall Score Overall Rating
Foundation for Economic Education (GA) 89.14 three stars
Northeast Organic Farming Association of Vermont (VT) 92.22 four stars
World Institute on Disability (CA) 89.50 three stars
Reason Foundation (CA) 95.47 four stars
Center for the New Economy (PR) 91.24 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $4,595,730
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $4,595,730
   Program Service Revenue $106,078
Total Primary Revenue $4,701,808
   Other Revenue $531,485
TOTAL REVENUE $5,233,293
   
EXPENSES  
   Program Expenses $4,002,265
   Administrative Expenses $334,158
   Fundraising Expenses $951,711
TOTAL FUNCTIONAL EXPENSES $5,288,134
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-54,841
   
Net Assets $8,186,066

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Seminars and Lectures $2,028,376 50.7%
Website Outreach $1,673,286 41.8%
Books and Publications $300,603 7.5%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-03 06/01/2019 89.14 three stars
2017-03 05/01/2018 82.80 three stars
2016-03 05/01/2017 91.45 four stars
2015-03 06/01/2016 92.50 four stars
 
CN 2.0
2014-03 08/01/2015 90.20 four stars
2013-03 08/01/2014 80.28 three stars
2012-03 08/01/2013 83.47 three stars
2011-03 07/01/2012 77.27 two stars
2010-03 09/20/2011 75.06 two stars
 
CN 1.0
2010-03 07/01/2011 88.37 three stars
2009-03 08/01/2010 82.50 three stars
2008-03 04/01/2009 83.33 three stars
2007-03 06/01/2008 89.31 three stars
2006-03 04/01/2007 77.52 two stars
2005-03 03/01/2006 70.67 two stars
2004-03 03/01/2005 57.74 one star
2003-03 04/01/2004 75.72 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 13-6006960
Name in IRS Master File FOUNDATION FOR ECONOMIC EDUCATION INC
NTEE Code V22
NTEE Classification Economics (as a social science)
NTEE Type Social Science Research Institutes, Services
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (161) Scientific research (diseases)
(180) Contact or sponsored scientific research for industry
(40) Scholarships (other)
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date April, 1947
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End March
IRS Forms 990
(provided courtesy of Foundation Center)		 (Log In or Register Now to View Forms 990!)
  • March, 2018
  • March, 2017
  • March, 2016
  • March, 2015
  • March, 2014
Compensation % of Expenses Paid to Title
$176,000 3.32% Lawrence W. Reed President

Highly Rated

Charity Name & State Overall Score Overall Rating
Foundation for Economic Education (GA) 89.14 three stars
Mackinac Center (MI) 92.92 four stars
National Skills Coalition (DC) 89.39 three stars
Food and Water Watch (DC) 87.57 three stars
CLASP (DC) 95.42 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Foundation for Economic Education
1819 Peachtree Street NE
Suite 300
Atlanta, GA 30309
tel: (800) 960-4333
fax: (404) 393-3142
EIN: 13-6006960

Visit Web Site

Board Leadership

Roger Ream
Chairman

CEO

Lawrence W. Reed
President

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