ES

Financial transparency

Transparent, down to the dollar.

The Foundation runs on the community's money, so the community gets the books. Here is our financial record, drawn from public IRS filings: how efficiently we spend, how we have grown, and every Form 990 since 2002, ready to download.

  • 501(c)(3) public charity
  • EIN 65-0209044
  • Independently audited
  • 24 IRS filings on file
Where the money goes

93 cents of every dollar go to the mission.

Functional expenses, fiscal year ending June 2025, as filed on Form 990 Part IX.

One dollar, spent
  • Program services $790,696 · 93.4%
  • Management & general $41,624 · 4.9%
  • Fundraising $13,874 · 1.6%

93.4%

of spending went directly to programs for students and teachers

Form 990 Part IX, FYE June 2025

$569K

paid out in grants and scholarships

Form 990 line 13, FYE June 2025

$0

paid to outside professional fundraisers

Form 990 line 16a, FY2011 through FY2025

92.2%

of all spending reached programs across fiscal 2021–25, not just one good year

Four filings combined

In plain terms: of the $846,194 the Foundation spent in fiscal 2024–25, $790,696 went to program services, including $568,707 paid out directly as classroom grants, teacher grants, and student scholarships. Across the last four filed years the Foundation spent $3,065,095 in total and granted out $1,787,853. Do not take our word for it: read the filing itself.

The long view

One extraordinary gift, zero debt.

Raised and spent, by fiscal year
  • Total revenue
  • Total expenses
$0 $1M $2M $3M FYE June 2011: total revenue $240,386 FYE June 2011: total expenses $248,755 ’11 FYE June 2012: total revenue $195,025 FYE June 2012: total expenses $229,868 ’12 FYE June 2013: total revenue $282,928 FYE June 2013: total expenses $293,811 ’13 FYE June 2014: total revenue $240,788 FYE June 2014: total expenses $257,593 ’14 FYE June 2015: total revenue $430,314 FYE June 2015: total expenses $458,811 ’15 FYE June 2016: total revenue $337,354 FYE June 2016: total expenses $300,571 ’16 FYE June 2017: total revenue $318,612 FYE June 2017: total expenses $301,192 ’17 FYE June 2018: total revenue $299,697 FYE June 2018: total expenses $329,964 ’18 FYE June 2019: total revenue $255,182 FYE June 2019: total expenses $243,702 ’19 FYE June 2020: total revenue $375,606 FYE June 2020: total expenses $362,069 ’20 FYE June 2021: total revenue $350,552 FYE June 2021: total expenses $350,242 ’21 FYE June 2022: total revenue $453,540 FYE June 2022: total expenses $481,797 ’22 FYE June 2023: total revenue $3,493,446 FYE June 2023: total expenses $490,141 ’23 FYE June 2024: total revenue $1,174,730 FYE June 2024: total expenses $1,246,963 ’24 FYE June 2025: total revenue $868,662 FYE June 2025: total expenses $846,194 ’25 $3.5M raised

Fiscal years end June 30. Exact figures for every year are in the table below.

The tall bar is fiscal 2022–23, when $3,493,446 arrived in a single year, most of it one-time gifts that became the Foundation's long-term reserves. Net assets grew from $121,731 to over $3 million that year and stood at $3,075,271 on June 30, 2025, with zero liabilities reported.

Those reserves work. In fiscal 2023–24 the Foundation granted out more than it raised, drawing on reserves to put $1,164,107 into programs; that is what reserves are for. Investment income added $121,258 in fiscal 2024–25, dollars that reach classrooms without a single new donation.

The paper trail

Every filing, ready to download.

View on ProPublica

Straight from the IRS, hosted by ProPublica's Nonprofit Explorer. Newer filings also link to a searchable full-text version.

FY ending June 30 Form Total revenue Total expenses Net assets Filing
2025 990 $868,662 $846,194 $3,075,271 PDF Full text
2024 990 $1,174,730 $1,246,963 $3,052,803 PDF Full text
2023 990 $3,493,446 $490,141 $3,125,036 Full text
2022 990 $453,540 $481,797 $121,731 PDF Full text
2021 990 $350,552 $350,242 $149,988 On ProPublica
2020 990 $375,606 $362,069 $149,678 PDF
2019 990 $255,182 $243,702 $136,141 PDF
2018 990 $299,697 $329,964 $124,661 PDF
2017 990 $318,612 $301,192 $154,928 PDF
2016 990 $337,354 $300,571 $137,508 PDF
2015 990 $430,314 $458,811 $100,725 PDF
2014 990 $240,788 $257,593 $129,222 PDF
2013 990 $282,928 $293,811 $146,027 PDF
2012 990 $195,025 $229,868 $156,910 PDF
2011 990 $240,386 $248,755 $191,753 PDF
2010 990-EZ – – – PDF
2009 990-EZ – – – PDF
2008 990 – – – PDF
2007 990 – – – PDF
2006 990 – – – PDF
2005 990 – – – PDF
2004 990 – – – PDF
2003 990 – – – PDF
2002 990 – – – PDF

A dash means the IRS did not digitize figures for that paper-era filing; the PDF still has them. Figures reflect ProPublica's Nonprofit Explorer record of the Foundation's filings as of September 9, 2026; figures for the two most recent fiscal years are taken from the filings themselves. See an issue? Tell us and we will chase it down.

Accountability

How we hold ourselves to it.

Audited, every year

An independent accountant audits the Foundation's financial statements annually, as reported on Form 990 Part XII in every year on record.

Public by default

Every IRS filing is public record and linked on this page, and the Foundation is registered with the Florida Division of Consumer Services (see the notice in the footer of every page).

A working board

A volunteer Board of Directors from the community governs the Foundation and its bylaws.Meet the board.

No outside fundraisers

Fifteen straight years of digitized filings report $0 paid to professional fundraising firms. Events are run by the board, staff, and volunteers.

Questions about our finances? Email info@educationfoundationstlucie.org or see what the money does.