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The Foundation For Research On Equal Opportunity

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

EIN: 812699310 ✦ Austin, TX ✦ Designated as a 501(c)(3)

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Overview

What is The Foundation For Research On Equal Opportunity?

The Foundation for Research on Equal Opportunity (FREOPP) is a nonprofit organization based in Austin, Texas, with a mission to conduct original research aimed at expanding economic opportunities for individuals with lower incomes or wealth. Situated at 201 WEST 5TH ST 1100, Austin, TX 78701, FREOPP employs leading scholars to leverage individual liberty, free enterprise, technological innovation, and pluralism in serving this mission. Their research considers the impact of public policies and proposed reforms on those below the U.S. median income or wealth. FREOPP's work focuses on creating a healthcare system that provides universal and affordable coverage for current generations and ensures fiscal sustainability for future generations.


Official website here: www.freopp.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 96%, Four-Star out of Four Star rating.

The Foundation For Research On Equal Opportunity has achieved an impressive overall score of 96%, which highlights its strong commitment to accountability and finance. With a perfect score in accountability indicators, including the presence of independent board members and comprehensive financial oversight, the organization demonstrates a solid framework for governance and ethical management. This thorough evaluation reveals that the foundation operates with transparency and adheres to best practices in its financial operations.

Moreover, the organization excels in leadership and adaptability, scoring a perfect 100% in this category. Its investment in leadership development reflects a proactive approach towards fostering growth within its team, ensuring that the organization remains agile and responsive to changing circumstances. The adaptability statement further showcases the foundation's commitment to evolving its strategies to meet emerging challenges effectively.

Overall, the Foundation For Research On Equal Opportunity stands out for its operational integrity and strong leadership. The absence of material diversions of assets and a robust conflict of interest policy further solidify its reputation as a trustworthy nonprofit. There are no significant limitations noted in the feedback, indicating a robust organizational structure and effective governance practices.


This AI summary has been generated from information found on Charity Navigator.

Is The Foundation For Research On Equal Opportunity legitimate?

The Foundation For Research On Equal Opportunity is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundation For Research On Equal Opportunity 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $698,725
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.freopp.org

What is the mission statement of The Foundation For Research On Equal Opportunity?

The Foundation for Research on Equal Opportunity (FREOPP) is dedicated to conducting original research aimed at expanding economic opportunities for individuals who are currently disadvantaged. This non-profit organization utilizes the expertise of leading scholars and the principles of individual liberty, free enterprise, technological innovation, and pluralism to serve this mission. All research conducted by FREOPP takes into consideration the impact of public policies and proposed reforms on individuals with income or wealth below the U.S. median. The organization's ultimate goal is to contribute to policies and reforms that promote equality and economic opportunity for underprivileged individuals.


Official website here: www.freopp.org

Who is the CEO of The Foundation For Research On Equal Opportunity?

Avik Roy is the Board Member of The Foundation For Research On Equal Opportunity.


Official website here: www.freopp.org

What is the revenue of The Foundation For Research On Equal Opportunity?

The Foundation For Research On Equal Opportunity's revenue in 2022 was $2,038,270.


Official website here: www.freopp.org

Who are the executives of The Foundation For Research On Equal Opportunity and what are their salaries?


Here are 7 key members and their salaries:


Ames Brown (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Avik Roy (President / Board Member)
  • Compensation: $0
  • Related: $257,077
  • Other: $20,424
Lanhee Chen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vivek Ramaswamy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Bush (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Miltenberger (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Laukien (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.freopp.org

Where can I find the form 990 for The Foundation For Research On Equal Opportunity?

The Foundation For Research On Equal Opportunity's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.freopp.org

Learn more at the official website: www.freopp.org

Mission Statement of The Foundation For Research On Equal Opportunity

The Foundation for Research on Equal Opportunity, often abbreviated as FREOPP, is dedicated to conducting original research aimed at expanding economic opportunities for individuals who fall below the U.S. median income or wealth threshold. This organization leverages the expertise of leading scholars and employs the principles of individual liberty, free enterprise, technological innovation, and pluralism to achieve its mission. All research conducted by FREOPP takes into account the impact of public policies and proposed reforms on economically disadvantaged populations. By doing so, FREOPP seeks to contribute to a more equitable society, ensuring that opportunities are accessible to all, regardless of their financial standing.

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Impact




July, 2024

The Foundation For Research On Equal Opportunity conducts original research on expanding economic opportunity to those who least have it. They are committed to deploying the nation's leading scholars and the tools of individual liberty, free enterprise, technological innovation, and pluralism to serve this mission. All research conducted by FREOPP considers the impact of public policies and proposed reforms on those with incomes or wealth below the U.S. median. Their focus on healthcare aims to provide Americans with a healthcare system that offers universal and universally affordable coverage. The impact of their work can be seen in their dedication to improving economic opportunities for marginalized communities and advocating for positive policy changes that benefit those in need.




This information is meant to be a general summary of The Foundation For Research On Equal Opportunity. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,038,270 (2022)
Expenses
$1,765,451 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $13,870
  • Gross Receipts: $2,038,270

Assets and Liabilities:

  • Total Assets: $912,359
  • Total Liabilities: $77,829
  • Net Assets: $834,530

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Organization Details

Founding Year

2016

Principal Officer

Avik Roy

Main Address

201 WEST 5TH ST 1100, AUSTIN, TX, 78701

NTEE Category

Code: S05 - Community improvement

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