Charity Search / FOUNDATION FOR FREE ENTERPRISE EDUCATION
Youth Development (O53I) IRS Verified DX Registered 990 on File

FOUNDATION FOR FREE ENTERPRISE EDUCATION

EIN: 25-1394365 · ERIE, PA 16505-3857 · United States · FY 2025 Data
4 out of 5 68 / 100 Based on 2+ years of filings
Financial strength (30%) 77/100
Reliability (20%) 55/100
Effectiveness (25%) 67/100
Impact (25%) 70/100
Financial data: FY 2025 · Scored 9/13/2026
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FOUNDATION FOR FREE ENTERPRISE EDUCATION logo
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Mission Statement

To heighten the awareness of Pennsylvania's youth about their future role in the American free enterprise system by delivering high-quality and practical hands-on learning experiences. Our vision is to be the recognized leader in providing quality learning opportunities that promote the understanding of the link between personal freedom and economic opportunity. The Foundation for Free Enterprise Education exists to provide young Pennsylvanians relevant, impactful education and skills that help them explore, create and sustain successful careers and lives that ultimately strengthen our communities and state.

Financial Overview — FY 2025
$2.5M
Total Revenue
$1.6M
Total Expenses
N/A
Net Assets
29
Employees
Expense Breakdown
Program Expense Ratio N/A
Fundraising Efficiency 0.0%
Operating Reserve N/A
Liability-to-Asset 5.5%
Revenue Diversification N/A
Executive Compensation $204K
Compared with Peers
FY 2025
Compared with 665 similar organizations (United States, Youth Development, $1M–$10M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
0.0% 180.4%
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
5.5% 9.7%
P10P90
Above median
Revenue growth
Year over year revenue growth
21.0% 4.6%
P10P90
Expense growth
Year over year expense growth
6.0% 7.1%
P10P90
Surplus margin
Surplus as a share of revenue
36.0% 2.0%
P10P90
Impact
1 program
Outcome / Program People Served Cost / Service # Completed Duration
Students learn business, develop skills, explore careers, improve financial literacy, and more 14,400 $254.17 Lifetime
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $2.5M $1.6M N/A 29
2024 $2.1M $1.5M N/A 29
2023 $1.9M $1.4M $6.0M 58.0% 29
2022 $1.9M $1.4M $5.2M 57.5% 21
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Organization Details
EIN
25-1394365
State
PA
City
ERIE
ZIP
16505-3857
Classification
O53I
Category
Youth Development
Rating
4★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1979
Foundation Code
15
Form 990
On File
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