The Foundation for Research on Equal Opportunity
Researches how policies can expand economic opportunity for lower-income Americans. For fiscal year 2024 it reported $3.1M in revenue, $2.6M in expenses, and $855K in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Community Development
- Location
- Austin, TX
- Website
- freopp.org
- Filings
- 5 on file (2020–2024)
More identity details & actions ⌄
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Summary of the Filing
Where the work happens
Communications Outreach
Through our communication and outreach efforts, we effectively disseminate our research findings, insights, and recommendations to various stakeholders and the broader public.
Healthcare General
We believe that americans deserve a health care system that provides universal - and universally affordable - coverage for today's americans, and a fiscally sustainable system for the generations to come. Our health care research is focused on making this a reality.
Education
Freopp conducts original research in both the higher education space, and in the k-12 space. Our k-12 program is focused on increasing parents and students' sovereignty over their children's education.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Avik Roy’s $288K as President / Board Member is at the 84th percentile of top reported officer pay among 2834 $1–10M community development 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 · 3 named individuals · Part VII
| Name | FY2024 | FY2023 |
|---|---|---|
| Avik Roy | $287,536 | $289,000 |
| Preston Cooper | — | $176,000 |
| Rebecca Atwood | $103,377 | — |
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.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 78% | — | — |
| Overhead ratio | 17% | — | — |
| Fundraising cost ratio | 5% | — | — |
| Revenue growth | -5% | — | — |
| Legal fee ratio | 0.2% | — | — |
| Accounting fee ratio | 1% | — | — |
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
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Filings & Schedule Manifest
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Sources
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