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.
Heare 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?
Education Freedom Alabama's mission is centered around empowering families to select the educational institution that best suits their child's individual needs. They accomplish this by providing scholarships to financially disadvantaged K-12 students who are struggling in their current learning environment. These scholarships are funded through the donation of Alabama income tax liability by corporations and individuals, who in turn receive a state income tax credit. The organization's primary goal is to ensure every child in Alabama has access to a quality education, which can only be achieved when educators and local communities have the freedom to establish diverse learning options, and parents have the power to match their children to the most suitable educational environment. Since its inception, Education Freedom Alabama has awarded over 12,000 scholarships, benefiting students from 46 out of Alabama's 67 counties.
Who is the CEO of Education Freedom Alabama?
Andrew Ryan is the Executive Dir. of Education Freedom Alabama.
What is the revenue of Education Freedom Alabama?
Education Freedom Alabama's revenue in 2022 was $2,287,101.
Who are the executives of Education Freedom Alabama and what are their salaries?
The average compensation at Education Freedom Alabama during 2022 was $19,392. There are 4 employees and 1 volunteer at Education Freedom Alabama.
Here are 3 key members and their salaries:
- Compensation: $40,563
- Related: $0
- Other: $2,799
- Compensation: $278
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Education Freedom Alabama?
Education Freedom Alabama's most recent form 990 was submitted in 2022 and can be accessed here.
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.
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Impact
July, 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.
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.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $2,287,101
Assets and Liabilities:
- Total Assets: $4,298,607
- Total Liabilities: $602
- Net Assets: $4,298,005
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Organization Details
Founding Year
2021
Phone
(205) 206-7808Principal Officer
Andrew Ryan
Main Address
1101 26th Street S Apt 202, Birmingham, AL, 35205
NTEE Category
Code: B82 - Education
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