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Research and Public Policy : Social and Public Policy Research

Foundation for Economic Education

Inspire. Educate. Connect.

three stars

82.80

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 82.80 three stars
  Financial 76.71 two stars
  Accountability & Transparency 93.00 four stars
This rating was published 05/01/2018 and includes data from FY2017, 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.

Results Information

Reported Results
Showing 3 of 10
Total in 2016
Number of students at educational seminars
2,117
Number of educational seminars held
22
Number of online courses available at FEE.org
5
Number of students registered for online courses
18,569
Number of unique website visitors
7,197,330
Number of website sessions
11,252,600
Number of books distributed
250,874
Number of organizational partners
100
Number of views to video media
2,276,240
Number of Facebook followers
89,752
GuideStar's Platinum Seal of Transparency is earned by reporting metrics that show the progress an organization is making toward its mission. Platinum can be earned by selecting a metric from a catalog of over 700 expert recognized results metrics or by creating a new metric. This data is provided directly by nonprofits to GuideStar via their Nonprofit Profile - in order to achieve GuideStar's highest Seal of Transparency, Platinum.
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This results data is current as of November 2017, when it was provided to us by GuideStar. Results information published on this organization's rating page has no effect on its rating at this time. data iconLearn More

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

Financial

two stars

76.71

Accountability & Transparency

four stars

93.00

This rating was published 05/01/2018 and includes data from FY2017, 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)		 76.4%
  Administrative Expenses 5.9%
  Fundraising Expenses 17.5%
  Fundraising Efficiency $0.22
  Working Capital Ratio (years) 1.67
  Program Expenses Growth 0.7%
  Liabilities to Assets 10.2%
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) 82.80 three stars
Institute for Policy Studies (DC) 94.21 four stars
Michigan League for Public Policy (MI) 90.10 four stars
National Consumers League (DC) 88.41 three stars
NEO Philanthropy (NY) 90.77 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $3,496,994
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $3,496,994
   Program Service Revenue $28,032
Total Primary Revenue $3,525,026
   Other Revenue $542,992
TOTAL REVENUE $4,068,018
   
EXPENSES  
   Program Expenses $3,002,521
   Administrative Expenses $213,269
   Fundraising Expenses $752,829
TOTAL FUNCTIONAL EXPENSES $3,968,619
   
Payments to Affiliates $0
Excess (or Deficit) for the year $99,399
   
Net Assets $7,999,292

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 $1,371,330 45.7%
Website Outreach $1,243,528 41.4%
Books and Publications $387,663 12.9%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
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, 2016
  • March, 2015
  • March, 2014
  • March, 2013
  • March, 2012

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

Compensation % of Expenses Paid to Title
$170,000 4.28% Larry Reed President
Other Salaries of Note
$138,750 3.49% Wayne Olson Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Foundation for Economic Education (GA) 82.80 three stars
The Center for Democracy and Technology (DC) 86.09 three stars
Institute for Energy Research (DC) 89.48 three stars
Tanenbaum Center for Interreligious Understanding (NY) 90.41 four stars
Northeast Organic Farming Association of Vermont (VT) 92.20 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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