Okeechobee Educational Foundation EIN 65-0219235

Okeechobee Educational Foundation

EIN  65-0219235 Public charity (501(c)(3)) Okeechobee, FL
Form 990 (PDF) Compare with another nonprofit →
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Size
$1–10M
What they do
Supports teachers, expands learning, and connects students to resources for success in school and life.
Leadership
Alaina Barron · CEO · $72K
Money in and out
$1.4M revenue, $1.2M expenses
Bottom line
91% program efficiency

Supports teachers, expands learning, and connects students to resources for success in school and life. For fiscal year 2024 it reported $1.4M in revenue, $1.2M in expenses, and $524K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$1.4M
Pt VIII · Ln 12
Total expenses
$1.2M
Pt IX · Ln 25
Net assets
$524K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $195K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.08 Fundraising $0.01
Program efficiency
91%
of spending reaches programs▲ +15% vs prior filing year
Operating runway
4.7mo
months of highly liquid reserves at operating expense rate▼ -25% vs prior filing year
Surplus margin
+14%
revenue over expenses, this year▲ +35% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.4M
FY2024▲ +131%
Expenses
$1.2M
FY2024▲ +122%
Total assets
$525K
FY2024▲ +36%
Total liabilities
$600
FY2024▼ -99%
Total revenue
$1.4M
Pt VIII · Ln 12
Total expenses
$1.2M
Pt IX · Ln 25
Net assets
$524K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$195K
Total assetsPt X · Ln 16$525K
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 415
Mission & Programs · Part III

Where the work happens

3 program services account for $924K of program spending, described in the organization's own filed words · FY2024.
01

Resiliency the education foundation of okeechobee supports programs that build student resilience, career readiness, and interest in high-need resiliency based professions. These initiatives include the okeechobee fire academy and public safety pathways, which introduce students to fire, ems, and emergency services through hands-on…

$524Kprogram expense
02

Scholarship program the foundation administers scholarships that provide finacial assestance for students pursuing postsecondary education or career training. Funds support tuition, fees, and related expenses, helping students access opportunities and reduce finacial barriers to continuing their education.

$273Kprogram expense
03

College & career readiness programs the education foundation of okeechobee supports college and career readiness by providing students with postsecondary planning resources, industry and college tours, financial aid guidance, and employability skills training.

$128Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COkeechobee Educational Foundation
EINHdr · item D65-0219235
Principal addressHdr · item COkeechobee, FL
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B95Z)
Ruling yearIRS BMFSep 1995

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a15
Independent voting membersPt VI · Ln 1b15
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$71,750Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Alaina Barron’s $72K as CEO is at the 15th percentile of top reported officer pay among 3393 $1–10M 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.

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Statement of Revenue

Part VIII
Contributions & grants100%$1.4M
Investment income$5K
Total revenueLn 12$1.4M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.08 Fundraising $0.01
Program services91%$1.1M
Management & general8%$95K
Fundraising1%$7K
Total functional expensesLn 25$1.2M

Balance Sheet

Part X · end of year
CashLn 1$471K
Total assetsLn 16$525K
Total liabilitiesLn 26$600
Total net assetsLn 32$524K
Months of cash on handcomputed4.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $471K · Operating expenses/yr $1.2M
4.7 months
Where the money goes
Program services
Program services $1.1M · Total expenses $1.2M
91%
Management & General
Management & general $95K · Total expenses $1.2M
8%
Fundraising
Fundraising $7K · Total expenses $1.2M
1%
Cost to raise $1
Fundraising expense (3-yr avg) $2K · Solicited contributions (3-yr avg) $796K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.4M · Total revenue $1.4M
100%
Government reliance
Government grants — · Total revenue $1.4M
Earned-income share
Program service revenue $0 · Total revenue $1.4M
0%
Investment reliance
Investment income $5K · Total revenue $1.4M
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $1.2M
0%
Growth & trend
Revenue growth (YoY)
This year $1.4M · Prior year $605K
+131%
Revenue CAGR
FY2020 $286K · FY2024 $1.4M
+49%
Net-asset trend (YoY)
End of year $524K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.4M · Expenses $1.2M
+14%
Liabilities-to-Assets
Total liabilities — · Total assets $525K
Net-asset ratio
Net assets $524K · Total assets $525K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $525K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Alaina Barron · Reported title CEO · Highest reported compensation $72K · Total expenses $1.2M
6%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $121K · Total expenses $1.2M
10%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 8%
Fundraising cost ratio 1%
Revenue growth 131%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 3 funders →
Grants paid · 12 grants · $1.9M · 2020–2024
Unitemized GrantFY2024$523,597
Unitemized GrantFY2024$272,696
Unitemized GrantFY2024$127,800
Unitemized GrantFY2024$77,200
Unitemized GrantFY2023$240,502
Unitemized GrantFY2023$31,900
Unitemized GrantFY2022$218,350
Unitemized GrantFY2022$29,800
Unitemized GrantFY2021$160,050
Unitemized GrantFY2021$41,460
Unitemized GrantFY2020$183,500
Unitemized GrantFY2020$23,600

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.4M revenue · viewing · ⤓ 990 PDF
FY2023$605K revenue · ⤓ 990 PDF
FY2022$391K revenue · ⤓ 990 PDF
FY2021$252K revenue · ⤓ 990 PDF
FY2020$286K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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