Education Freedom Alabama

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 861722407 ✦ Birmingham, AL ✦ Designated as a 501(c)(3)

Overview

What is Education Freedom Alabama?

Education Freedom Alabama, headquartered in Birmingham, Alabama, is a nonprofit organization dedicated to providing educational opportunities for low-income K-12 students. Established to implement the Alabama Accountability Act, the organization awards scholarships to eligible students who struggle in their current public school environment, particularly those zoned for underperforming schools. These scholarships cover private school tuition or transfer fees to non-failing public schools. Since its inception in 2014, Education Freedom Alabama has granted over 12,000 scholarships across 46 Alabama counties, funded by donations of income tax liability from individuals and corporations eligible for an Alabama state income tax credit. The organization's mission is to empower families to select the educational setting that best suits their child's individual needs, fostering an equal chance for every Alabama child to access a high-quality education.


Is Education Freedom Alabama legitimate?

Education Freedom Alabama is a legitimate nonprofit organization registered as a 501(c)(3) entity. Education Freedom Alabama submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $43,640
Professional Fundraising Fees: $0
Other Salaries and Wages: $33,929

For more financial information, click here


What is the mission statement of Education Freedom Alabama?
Who is the CEO of Education Freedom Alabama?
What is the revenue of Education Freedom Alabama?
Who are the executives of Education Freedom Alabama and what are their salaries?
Where can I find the form 990 for Education Freedom Alabama?

Mission Statement of Education Freedom Alabama

Education Freedom Alabama, as a scholarship-granting organization, is committed to empowering families in Alabama. Its mission is centered around providing equal opportunities for low-income K-12 children who are struggling in their current educational environment. The organization believes that every child deserves a quality education, and this can only be achieved when educators, local communities, and parents are all empowered to create diverse learning options. By doing so, families are then able to choose the school that best fits their child's unique educational needs.

To accomplish this, Education Freedom Alabama awards scholarships to eligible students who are zoned for failing public schools. These scholarships cover private school tuition or transfer fees to a non-failing public school. Since its inception in 2014, the organization has granted over 12,000 scholarships to students in 46 out of Alabama's 67 counties. The funding for these scholarships comes from donations of income tax liability from individuals and corporations in Alabama, who are eligible for a state income tax credit for their contributions. By providing these scholarships, Education Freedom Alabama is helping to give families the power to choose the educational environment that best suits their child's needs, thereby enhancing their chances of academic success.

Impact

This information is meant to be a general summary of Education Freedom Alabama. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Education Freedom Alabama's impact can be seen in the thousands of low-income K-12 students who have been able to access quality education through scholarships provided by the Alabama Opportunity Scholarship Fund. These scholarships allow students to attend private schools or transfer to non-failing public schools, offering them a chance to thrive in environments that better meet their educational needs. By empowering families to make these choices, Education Freedom Alabama is ensuring that every child in Alabama has an equal opportunity to receive a quality education, regardless of their background or current school situation.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $2,287,101

    • Assets and Liabilities:
  • Total Assets: $4,298,607
  • Total Liabilities: $602
  • Net Assets: $4,298,005
  • Organization Details

    Founding Year

    2021

    Principal Officer

    Andrew Ryan

    Main Address

    1101 26th Street S Apt 202, Birmingham, AL, 35205

    NTEE Category

    Code: B82 - Education

    If you are a representative of Education Freedom Alabama and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.