Partners For Educational Freedom In North Carolina
- Assets
- $5.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Raleigh, NC
- Founding
- 06/2008
- Data as of
- 12/2023
- EIN
- 26-1979258
Organization Overview
Partners For Educational Freedom In North Carolina is located in Raleigh, NC. The organization was established in 2008. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Partners For Educational Freedom In North Carolina is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Partners For Educational Freedom In North Carolina generated $145.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $156.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVOCATE AND EDUCATE PUBLIC CONCERNING EDUCATION OPPORTUNITIES IN NC
Describe the Organization's Program Activity:
Part 3
MAJOR SCHOOL CHOICE EXPANSION AS THE NORTH CAROLINA GENERAL ASSEMBLY WAS ABLE TO PASS A BI-PARTISAN BUDGET THAT INCLUDES OUR SCHOOL CHOICE PRIORITIES, INCLUDING: SCHOLARSHIP MAXIMUM INCREASES FROM A FLAT $4,200 TO 90% OF THE STATES PUBLIC SCHOOL PER PUPIL SPENDING FOR A FULL-TIME STUDENT (45% FOR PART-TIME STUDENTS), WHICH IS APPROXIMATELY $5,900. AS PUBLIC SCHOOL PER PUPIL SPENDING INCREASES EACH YEAR, SO WOULD THE SCHOLARSHIP AMOUNT. INCREASES INCOME REQUIREMENTS FROM 150% TO 175% OF THE AMOUNT REQUIRED FOR THE STUDENT TO QUALIFY FOR FREE AND REDUCED LUNCHINCOME FOR A FAMILY OF FOUR INCREASES FROM APPROXIMATELY $73,000/YEAR TO APPROXIMATELY $85,000/YEAR. INCREASES THE STATES YEARLY APPROPRIATION FROM $10 MILLION PER YEAR TO $15 MILLION PER YEAR UNTIL THE 2031-2032 SCHOOL YEAR. THE STATE MAY CONTRACT WITH A NONPROFIT TO PROVIDE OUTREACH AND ASSISTANCE TO FAMILIES AS THEY NAVIGATE THE SCHOLARSHIP PROCESS.
PUBLIC CHARTER SCHOOLS $1.1 MILLION FOR CHARTERS THAT ACCEPTED STUDENTS AFTER THE SECOND ADM COUNT. FAST TRACK REPLICATION PROCESS FOR SOME CHARTER SCHOOLS. PLANNING YEAR WILL NOT BE REQUIRED FOR THESE SCHOOLS. $4.9 MILLION TOTAL FOR THE BIENNIUM TO IMPLEMENT MOBILE PANIC ALARM CAPABILITY IN ALL PUBLIC K-12 AND CHARTER SCHOOLS. $2.5 MILLION FOR TRANSPORTATION GRANT PROGRAM FOR CHARTER SCHOOLS WITH 50%+ FRL, REIMBURSEMENT UP TO 65% COSTS. CHARTER SCHOOLS GET WATER AND SEWER REQUIREMENTS FOR MUNICIPALITIES. EXTENDED VIRTUAL CHARTER SCHOOL PROGRAM.
SPECIAL NEEDS SCHOLARSHIP GRANT PROGRAMS INCREASES FUNDING FOR THE DISABILITIES GRANT BY $5.95M AND INCREASES FUNDING FOR THE ESA PROGRAM BY $9.65M FOR THE 2021-22 SCHOOL YEAR. COMBINES THE CHILDREN WITH DISABILITIES GRANT AND EDUCATION SAVINGS ACCOUNT PROGRAM INTO ONE PROGRAM: NC PERSONAL EDUCATION STUDENT ACCOUNTS FOR CHILDREN WITH DISABILITIES, WITH OVER $31.6M FOR 2022-23. IMPLEMENTS FORWARD FUNDING AND GUARANTEES AN ADDITIONAL $1M EACH YEAR THROUGH 2032-33.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Adams Director | 1 | $0 | |
John Bryson Treasurer | 1 | $0 | |
Michael B Long President | 10 | $25,520 | |
Joel Ford Chair | 1 | $0 | |
Rita Haire Director | 1 | $0 | |
Lesa Howard Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $145,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $145,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $27,514 |
| Professional fees and other payments to independent contractors | $7,596 |
| Occupancy, rent, utilities, and maintenance | $22,608 |
| Printing, publications, postage, and shipping | $2,478 |
| Other expenses | $96,242 |
| Total expenses | $156,438 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,627 |
| Other assets | $0 |
| Total assets | $5,627 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,627 |