Education Is Freedom Foundation

Tax-deductible

Dallas, TX501(c)(3)Since 2002EducationEIN 04-3643313Revenue $10.8M in FY2025

On file with the IRSeducationisfreedom.org3000 Pegasus Park Dr 704, 75247-6203 · Dallas, TXTax-exempt since Jul 2002Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

Education is Freedom (EIF) is a 501(c)3 nonprofit organization founded in 2002 by a visionary board of corporate leaders who imagined a world where every young person could pursue a college education. Our mission is to transform lives through education.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
Run by 15 volunteers and 180 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $570K a year · 11% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$775K
to officers and key staff · 8% of spending
Top officer’s pay higher than 58% of similar orgs
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $2.6M
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$744K
18% of total assets
Looks good: liabilities are 18% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$10.8M
+113% vs prior year
Spent
$9.4M
To programs
92%
Net assets
$3.3M
By yearFY2020–FY2025
Revenue
$10.8M
FY2025▲ +113%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.1M
FY2021$3.6M
FY2022$3.5M
FY2023$5.0M
FY2025$10.8M
Expenses
$9.4M
FY2025▲ +115%
Tap a bar for its year
Expenses by fiscal year
FY2020$3.0M
FY2021$3.0M
FY2022$3.3M
FY2023$4.4M
FY2025$9.4M
Net assets
$3.3M
FY2025▲ +57%
Tap a bar for its year
Net assets by fiscal year
FY2020$952K
FY2021$1.3M
FY2022$1.5M
FY2023$2.1M
FY2025$3.3M

From the FY2025 Form 990 (year ending July 2025) · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2002.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $8.6M Management & general 3% · $282K Fundraising 5% · $470K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

16 people listed on the 990; $775K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$268,243Pt VII · Sec A
$167,814Pt VII · Sec A
Chief Program Officer
$158,045Pt VII · Sec A
Managing Director - Progr
$127,161Pt VII · Sec A
SR Development Director
$53,665Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Susanna Vaulx Russell’s $268K as CEO is at the 58th percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 7 named individuals · Part VII

NameFY2025FY2023FY2022FY2021FY2020
Susanna Vaulx Russell$268,243————
Marcia Page—$195,000$244,271$190,078$195,000
Walter C Smith$167,814————
Shannon Page$158,045$121,000———
Ronald Ray Merrill$127,161————
Walter Smith—$121,000$115,058$115,020—
Corinne Fiagome$53,665————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Education Is Freedom Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Helps students and families plan for college, aiming for life-changing results.

Questions for Education Is Freedom Foundation

Tap to ask. Education Is Freedom Foundation sees how many people are interested.

Your first name shows with your question. Education Is Freedom Foundation answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

2 programs · $8.6M · in their own filed words · FY2024
01

Education is Freedom (EIF) places Higher Education Advisors in public high schools, where they serve as on-campus experts in postsecondary pathways. These advisors provide individualized support and workshops to help students navigate college admissions, financial aid, military pathways, and workforce preparation, ensuring they are…

$8.5Mprogram expense
02

In FY2025, EIF awarded over $129,000 in scholarships to 165 seniors from 38 high schools. With EIFs support, over 6,500 seniors enrolled in colleges and universities, providing an opportunity upon graduation for employment at a living wage.

$129Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 8 funders →
Grants paid · 3 grants · $175K · 2019–2021
Unitemized GrantFY2021$88,344
Unitemized GrantFY2020$38,400
Unitemized GrantFY2019$47,970

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$10.8M
Ln 12
Fees for servicesLn 2g$6.0M
Gifts and grantsLn 1h$4.4M
Other incomeLn 4–11$250K
Money outPt IX
$9.4M
Ln 25
Programscol B$8.6M
Managementcol C$282K
Fundraisingcol D$470K
Owns and owesPt X
$3.3M
net assets · Ln 32
Cash and savingsLn 1–2$2.9M
Total assetsLn 16$4.1M
LiabilitiesLn 26$744K
PeoplePt VI, VII
16
listed · VII A
PaidVII A5
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.4M
Noncash giftsLn 1g$346K
Fees for servicesLn 2g$6.0M
Investment incomeLn 3$77K
Other incomeLn 4–11$250K
Total revenueLn 12$10.8M
Assets in detailPt X, end of year
CashLn 1$339K
SavingsLn 2$2.5M
Cash and savings togetherLn 1–2$2.9M
InvestmentsLn 11–13$41K
Land, buildings, equipmentLn 10c$150K
Other assetsLn 15$260K
Total assetsLn 16$4.1M
LiabilitiesLn 26$744K
Net assetsLn 32$3.3M
OperationsPt I, VI
EmployeesI 5180
VolunteersI 615
Fiscal year endsHeaderJuly
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$2.8M$2.9M
InvestmentsLn 11–13$38K$41K
Land, buildings, equipmentLn 10c$128K$150K
Total assetsLn 16$3.4M$4.1M
LiabilitiesLn 26$1.5M$744K
Net assetsLn 32$2.0M$3.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$129K$129K
Other salaries and wagesLn 7$6.2M$5.7M$186K$309K
Pension plan contributionsLn 8$56K$52K$2K$3K
Other employee benefitsLn 9$539K$496K$16K$27K
Payroll taxesLn 10$495K$455K$15K$25K
Advertising and promotionLn 12$89K$81K$3K$4K
Office expensesLn 13$88K$81K$3K$4K
Information technologyLn 14$387K$356K$12K$19K
OccupancyLn 16$87K$80K$3K$4K
TravelLn 17$144K$133K$4K$7K
Depreciation, depletion and amortizationLn 22$31K$28K$917$2K
InsuranceLn 23$42K$39K$1K$2K
Other expenses (24a–d)Ln 24$1.0M$941K$31K$51K
All other expensesLn 24e$106K$88K$7K$12K
Total functional expensesLn 25$9.4M$8.6M$282K$470K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $10.8M$9.4M$1.4M$3.3M 990 PDF
FY2024 Not on file
FY2023 $5.0M$4.4M$670K$2.1M 990 PDF
FY2022 $3.5M$3.3M$182K$1.5M 990 PDF
FY2021 $3.6M$3.0M$543K$1.3M 990 PDF
FY2020 $3.1M$3.0M$94K$952K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $10,764,392 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,232,384$4,410,968
I-9 Program service revenuePrior year $4,568,131$6,026,590
I-10 Investment incomePrior year $59,694$76,834
I-11 Other revenue$250,000
I-12 Total revenuePrior year $5,860,209$10,764,392
I-13 Grants and similar amounts paidPrior year $56,600$129,342
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $4,298,910$7,275,645
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,657,573$1,996,682
I-18 Total expensesPrior year $6,013,083$9,401,669
I-19 Revenue less expensesPrior year −$152,874$1,362,723
Part VI · Governance 11 of 11 board members independent, no flags
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $10,764,392 across 8 lines filed
VIII-1f All other contributions, gifts and grants$4,410,968
VIII-1g Noncash contributions (included above)$345,510
VIII-1h Total contributions, gifts and grants$4,410,968
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $6,026,590$6,026,590
VIII-3 Investment incomeRelated to mission $76,834$76,834
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $250,000$250,000
VIII-12 Total revenueRelated to mission $6,353,424 · Unrelated business $0 · Excluded from tax $0$10,764,392
Part IX · Statement of functional expenses $9,401,669 across 14 lines filed
IX-2 Grants to domestic individualsPrograms $129,342$129,342
IX-7 Other salaries and wagesPrograms $5,691,006 · Management $185,576 · Fundraising $309,294$6,185,876
IX-8 Pension plan contributionsPrograms $51,770 · Management $1,688 · Fundraising $2,814$56,272
IX-9 Other employee benefitsPrograms $495,860 · Management $16,169 · Fundraising $26,949$538,978
IX-10 Payroll taxesPrograms $454,957 · Management $14,836 · Fundraising $24,726$494,519
IX-12 Advertising and promotionPrograms $81,494 · Management $2,657 · Fundraising $4,429$88,580
IX-13 Office expensesPrograms $81,005 · Management $2,642 · Fundraising $4,403$88,050
IX-14 Information technologyPrograms $355,941 · Management $11,606 · Fundraising $19,345$386,892
IX-16 OccupancyPrograms $79,963 · Management $2,607 · Fundraising $4,346$86,916
IX-17 TravelPrograms $132,645 · Management $4,326 · Fundraising $7,209$144,180
IX-22 Depreciation, depletion and amortizationPrograms $28,115 · Management $917 · Fundraising $1,528$30,560
IX-23 InsurancePrograms $38,642 · Management $1,260 · Fundraising $2,100$42,002
IX-24 Other expenses (24a–d)Programs $941,233 · Management $30,692 · Fundraising $51,155$1,023,080
IX-24e All other expensesPrograms $87,560 · Management $7,072 · Fundraising $11,790$106,422
IX-25 Total functional expensesPrograms $8,649,533 · Management $282,048 · Fundraising $470,088$9,401,669
Part X · Balance sheet $4,079,950 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $1,314,205$339,083
X-2 Savings and temporary cash investmentsStart of year $1,442,453$2,521,895
X-3 Pledges and grants receivableStart of year $80,872$542,633
X-9 Prepaid expenses and deferred chargesStart of year $128,892$225,509
X-10c Land, buildings and equipment, netStart of year $128,230$149,973
X-12 Other securitiesStart of year $38,211$40,770
X-15 Other assetsStart of year $297,965$260,087
X-16 Total assetsStart of year $3,430,828$4,079,950
X-17 Accounts payable and accrued expensesStart of year $202,871$373,737
X-19 Deferred revenueStart of year $941,433$90,917
X-25 Other liabilitiesStart of year $313,205$279,254
X-26 Total liabilitiesStart of year $1,457,509$743,908
X-27 Net assets without donor restrictionsStart of year $1,830,286$3,056,514
X-28 Net assets with donor restrictionsStart of year $143,033$279,528
X-32 Total net assets or fund balancesStart of year $1,973,319$3,336,042
X-33 Total liabilities and net assetsStart of year $3,430,828$4,079,950
Part XI · Reconciliation of net assets $3,336,042 net assets at year end
XI-1 Total revenue$10,764,392
XI-2 Total expenses$9,401,669
XI-3 Revenue less expenses$1,362,723
XI-4 Net assets at start of year$1,973,319
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,336,042

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.