2011-05-16T16:41:47-07:00 2010-12-31 990 2010-01-01 043643313 EDUCATION IS FREEDOM FOUNDATION EDUC 2144328550 2711 NORTH HASKELL AVENUE STE 2070 DALLAS TX 75204 MARCIA PAGE 2144328550 2011-05-16 2010 2016-02-24 21:20:13Z MARCIA PAGE PRESIDENT AND CEO 2711 NORTH HASKELL AVENUE SUITE 2070 LB 18 DALLAS TX 75204 3259878 0 X EDUCATIONISFREEDOM.ORG X 2002 TX EDUCATION IS FREEDOM FOCUSES NATIONAL ATTENTION AND RESOURCES ON STUDENTS WHO SHOW ACADEMIC PROMISE AND LEADERSHIP BUT NEED GUIDANCE AND FINANCIAL ASSISTANCE TO ATTEND COLLEGE. 10 10 56 10 0 0 2489668 3259819 0 0 34891 59 0 0 2524559 3259878 413592 169309 0 0 1938829 2760522 0 0 419787 1322077 1293693 3674498 4223524 -1149939 -963646 4027186 3043250 245641 225351 3781545 2817899 EDUCATION IS FREEDOM FOCUSES NATIONAL ATTENTION AND RESOURCES ON STUDENTS WHO SHOW ACADEMIC PROMISE AND LEADERSHIP BUT NEED GUIDANCE AND FINANCIAL ASSISTANCE TO ATTEND COLLEGE. 0 0 3294494 143809 0 EIF DALLAS IS A LOCAL COMPREHENSIVE READINESS SCHOOL BASED PROGRAM THAT ADDRESSES THE LACK OF EDUCATIONAL SUPPORT, MENTORING, AND COLLEGE-GOING ORIENTATION AMONG DALLAS INDEPENDENT SCHOOL DISTRICT MIDDLE AND HIGH SCHOOL STUDENTS. 25500 25500 0 THE NATIONAL SCHOLARSHIP PROGRAM WAS LAUNCHED IN 2002 AND HAS SERVED STUDENTS IN ALL 50 STATES THROUGH A NATIONALLY COMPETITIVE SCHOLARSHIP PROGRAM. EIF'S NATIONAL SCHOLARSHIP PROGRAM (NSP) WAS CREATED TO AWARD RENEWABLE COLLEGE SCHOLARSHIPS TO STUDENTS WITH EXTREME POTENTIAL, ACADEMIC PROWESS AND IN SOME CASES EXTENUATING CIRCUMSTANCES. EIF SUSPENDED THE AWARD OF NEW SCHOLARSHIP DOLLARS IN 2008 YET RENEWALS ARE STILL HONORED. 0 0 0 3319994 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 11 0 1 56 1 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X VENTURITY FINANCIAL PARTNERS 2144323859 14131 MIDWAY ROAD SUITE 112 ADDISON TX 75001 X DAVID BIEGLER 2 X X 0 0 0 RAFAEL ANCHIA 1 X X 0 0 0 PATRICK BRANDT 1 X 0 0 0 ADELFA CALLEJO 1 X 0 0 0 JOE VONDER HAAR 1 X 0 0 0 JAMES W KEYES 1 X 0 0 0 AL BRU 1 X X 0 0 0 DEBORAH COX 1 X 0 0 0 ROYCE WEST 1 X 0 0 0 COLLEN WALKER 1 X 0 0 0 MARTI HOWE 40 X 137236 0 8448 MARCUS MARTIN 60 X 144577 0 0 281813 0 8448 2 1 0 0 0 0 0 0 0 1795361 1464458 0 3259819 0 0 0 0 0 59 59 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3259878 59 0 0 0 0 169309 169309 0 0 0 0 294260 203182 45539 45539 0 0 0 0 1984809 1539887 255220 189702 29000 20300 4350 4350 274553 192187 41183 41183 177900 136286 14113 27501 0 0 0 0 0 7850 7850 0 0 0 0 0 0 0 0 0 0 296400 207480 44460 44460 0 0 0 0 148824 104178 22323 22323 109211 76449 16381 16381 0 0 0 0 28695 20087 4304 4304 78241 54769 11736 11736 0 0 0 0 0 0 0 0 0 0 0 0 82088 57508 12309 12271 13286 9274 3975 37 PROGRAM MATERIALS 244459 244459 0 0 PROGRAM EVENTS 185979 185979 0 0 EVALUATION RESEARCH 98660 98660 0 0 4223524 3319994 483743 419787 20874 20000 876501 409468 2809033 2365813 0 0 0 0 0 0 0 0 0 0 0 0 417268 180749 294496 236519 0 0 0 0 26282 11450 4027186 3043250 223141 225351 0 0 0 0 0 0 0 0 0 0 0 0 0 0 22500 0 245641 225351 X 2295616 1950621 1485929 867278 0 0 3781545 2817899 4027186 3043250 -963646 X 0 1 1 X 0 X 5129969 1061009 3108321 2489321 3259819 15048439 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5129969 1061009 3108321 2489321 3259819 15048439 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 15048439 33888 44937 10178 34891 59 123953 0 0 0 0 0 0 33888 44937 10178 34891 59 123953 0 0 0 0 0 0 0 0 0 0 0 0 5163857 1105946 3118499 2524212 3259878 15172392 0.99183 0.6238 0.00817 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 0 417268 180749 236519 0 0 0 0 236519 3259878 4223524 -963646 0 0 0 0 0 0 -963646 3538759 0 278881 0 59 278940 3259819 0 59 59 3259878 4502405 278881 0 0 0 278881 4223524 0 0 0 4223524 SchD_P12_S00_L02d Schedule D, Part XII, Line 2d THIS AMOUNT REPRENTS THE 2010 INTEREST INCOME FROM INVESTMENT ACCOUNT. SchD_P12_S00_L04b Schedule D, Part XII, Line 4b INTEREST INCOME ON INVESTMENT ACCOUNT 1 NATIONAL SCHOLARSHIPS 25 25500 0 NA LOCAL SCHOLARSHIPS 60 143809 0 NA SchI_P01_S00_L02 Schedule I, Part I, Line 2 TAKES THE FOLLOWING PRECAUTIONS TO ENSURE SCHOLARSHIP FUNDS ARE USED FOR APPROVED EDUCATION RELATED EXPENSES (INCLUDING TUITION AND FEES): A STUDENT'S ENROLLMENT IS VERIFIED AT THE BEGINNING OF EACH SEMESTER VIA THE NATIONAL STUDENT CLEARINGHOUSE DATABASE. SPRING ENROLLMENT IS VERIFIED IN MARCH/APRIL, FALL ENROLLMENT IN OCTOBER. SCHOLARSHIP CHECKS , UNLESS APPROVED VIA APPEAL PROCESS, ARE SENT DIRECTLY TO THE UNIVERSITY THE STUDENT IS ATTENDING TO BE APPLIED TO THEIR STUDENT FEES ACCOUNT. X X X 1 0 0 0 0 0 0 0 0 MARCUS MARTIN 113076 0 31500 0 0 0 0 0 0 0 144576 0 212658 0 MARTI HOWE 100980 0 36256 0 0 0 0 0 0 0 137236 0 169933 0 SchJ_P01_S00_L04 Schedule J, Part I, Line 4 Marcus Martin was the former CEO & received a severance payout in 5/2010. Marti Howe also received a bonus payout in 2/2010. F990_P06_S0B_L11a Form 990, Part VI, Section B, Line 11a A COPY OF THE 990 IS PROVIDED TO BOTH THE BOARD CHAIRMAN AS WELL AS THE CEO FOR REVIEW AND APPROVAL PRIOR TO FILING THE RETURN ON AN ANNUAL BASIS. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c THE ORGANIZATION DOES MAINTAIN A CONFLICTS OF INTEREST POLICY WHICH IS DISTRIBUTED TO EMPLOYEES ANNUALLY AT THE BEGINING OF THE ACADEMIC YEAR. THE POLICY IS ALSO INCLUDED IN THE EMPLOYEE HANDBOOK. NEW EMPLOYEES ARE ALSO REQUIRED TO REVIEW AND SIGN THE POLICY WHEN JOINING THE ORGANIZATION. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 FORM 990 PART VI, SECTION B, LINE 15 SALARY COMPENSATION COMPARISONS ARE COMPLETED ANNUALLY AS PROVIDED BY THE LOCAL CENTER FOR NON PROFIT MANAGEMENT. SALARY COMPS FOR THE ENTIRE STAFF ARE ALIGNED WITH COMPARABLE POSITIONS IN OTHER LOCAL NOT-FOR-PROFIT AND GOVERNMENT AGENCIES. THE CEO's SALARY IS ALSO REVIEWED AND APPROVED BY THE BOARD CHAIRMAN AND AUDIT COMMITTE OF THE AGENCY AS WELL. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 FORM 990 PART VI, SECTION C, LINE 19 THE ORGANIZATION MAINTAINS IT'S ANNUAL REPORT ON THE ORGANIZATIONS WEBSITE. THE ANNUAL AUDIT REPORT AND 990 FILING ARE ALSO AVAILABLE UPON REQUEST. The actual due date is May 16 as the filing date fell on the weekend