Fair Share Education Fund Inc.

990 • Fiscal year 2020 • EIN 26-2533551

Jul 01, 2019 to Jun 30, 2020 • Filed on May 14, 2022

Organization Profile www.fairshareonline.org/edfund

600 Pennsylvania Ave SE Ste 400Washington, DC 20003

(202) 543-3332

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

0.89x

Higher debt load relative to assets than 92% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

39.34x

Higher debt load relative to revenue than 100% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

51%

Higher net margin than 90% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Balance Sheet

Liabilities / Assets92nd percentile

Assets

$883,135

Up $843,289 (+2116%) from 2010

Net Assets

$94,890

Up $109,277 (+760%) from 2010

Liabilities

$788,245

Up $734,012 (+1353%) from 2010

Revenue And Expenses

Liabilities / Revenue100th percentile Net Margin90th percentile

Revenue

Down

$20,038

Down $25,273 (-56%) from 2010

Expenses

Down

$9,896

Down $101,363 (-91%) from 2010

Net Income

$10,142

Up $76,090 (+115%) from 2010

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

Highlighted filing

2020

Assets$883,135

Liabilities$788,245

Net Assets$94,890

Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2020

Revenue$20,038

Expenses$9,896

Net Income$10,142

Open 2020 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2019 to Jun 30, 2020
Signed: May 14, 2022
Return Version: 2019v5.0
Gross Receipts: $20,038

Mission and Program Overview

Mission

Fair Share Education Fund, Inc promotes fairness in public policy and civic engagement. The organizations mission includes furthering public education, research and litigation to advocate for core progressive principles such as community, fairness. security and liberty and conducts research, education, organizing around critical issues such as economic fairness and security, health care, global security and educational reform.

Balance Sheet Detail

Line	Beginning	End	Change
Assets
Cash and Non-Interest-Bearing Accounts	$1,522,606	$835,568	▼ $687,038
Accounts Receivable	$46,150	$46,150	→ $0
Prepaid Expenses and Deferred Charges	$3,305	$1,417	▼ $1,888
Savings and Temporary Cash Investments	$0	$0	→ $0
Other Notes and Loans Receivable, Net	$0	$0	→ $0
Pledges and Grants Receivable	$0	$0	→ $0
Receivable From Disqualified Prsn	$0	$0	→ $0
Receivables From Officers Etc	$0	$0	→ $0
Investments Other Securities	$0	$0	→ $0
Investments Program Related	$0	$0	→ $0
Investments in Publicly Traded Securities	$0	$0	→ $0
Land, Buildings, and Equipment, Net	$0	-	-
Intangible Assets	$0	$0	→ $0
Inventories for Sale or Use	$0	$0	→ $0
Loans From Officers Directors	$0	$0	→ $0
Total Assets	$1,572,061	$883,135	▼ $688,926
Other Assets Total	$0	$0	→ $0
Liabilities
Accounts Payable and Accrued Expenses	$1,487,313	$788,245	▼ $699,068
Grants Payable	$0	$0	→ $0
Mortgage Notes Payable Secured by Investment Property	$0	$0	→ $0
Unsecured Notes Loans Payable	$0	$0	→ $0
Other Liabilities	$0	-	-
Deferred Revenue	$0	$0	→ $0
Escrow Account Liability	$0	$0	→ $0
Tax Exempt Bond Liabilities	$0	$0	→ $0
Total Liabilities	$1,487,313	$788,245	▼ $699,068
Net Assets / Fund Balance
Net Assets Without Donor Restrictions	$84,748	$94,890	▲ $10,142
Net Assets With Donor Restrictions	$0	$0	→ $0
Total Net Assets Fund Balance	$84,748	$94,890	▲ $10,142
Total Liabilities and Net Assets / Fund Balance	$1,572,061	$883,135	▼ $688,926

Compensation and Service Providers

Top Officer Pay51st percentile

Board Members and Trustees

Name	Title
Christine Wood	President
Mia Scampini Moore	Director
Ayodele Carroo	Treasurer/Clerk

Revenue and Support

Revenue Composition

Contributions and Grants: $20,000
Program Service Revenue: $0
Investment Income: $38
Other Revenue: $0
All Other Contributions: $20,000
Change in Net Assets: $10,142

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Other Expenses	$9,896
Total Fundraising Expense	$157
Grants and Similar Amounts Paid	$0
Professional Fundraising Fees	$0
Salaries, Compensation, and Employee Benefits	$0

Functional Expense Allocation

Line Item	Program	Management	Fundraising	Total
Insurance	$0	$6,068	-	$6,068
Fees for Services Other	$2,226	$1,466	$157	$3,849
Other Expenses	$0	$-31	$0	$-31
Total Functional Expenses	$2,226	$7,513	$157	$9,896

Fundraising, Events, and Gaming

Fundraising activities: No
Gaming activities: No
Professional fundraiser used: No

Fundraising and Gaming Totals

Line Item	Amount
Professional Fundraising Fees	$0

Political and Lobbying Activity

Political campaign activity: No
Lobbying activity: Yes
Subject to proxy tax: No

Insider Transactions and Loans

Loans and Receivables

Line Item	Beginning	End	Change
Loans from Officers, Directors, Trustees, and Key Employees	$0	$0	→ $0
Receivables from Disqualified Persons	$0	$0	→ $0
Receivables from Officers, Directors, Trustees, and Key Employees	$0	$0	→ $0

Related Organizations and Partnerships

Related Tax-Exempt Organizations

Organization	Location	Activity	Code	Public Charity	Controlled
Arizona PIRG Education Fund Inc	Gilbert, AZ	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
Bold Education Fund Inc	Doniphan, NE	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
California Public Interest Research Group Education Fund Inc	Sacramento, CA	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
Center for Public Interest Research Inc	Boston, MA	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
Colorado Public Interest Research Foundation Inc	Denver, CO	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
ConnPIRG Education Fund Inc	Hartford, CT	Charitable, Educational	501(c)(3)	170(b)(1)(A)(vi)	No
Environment America Research and Policy Center Inc	Denver, CO	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
Environment Arizona Research and Policy Center Inc	Mesa, AZ	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
Environment California Research and Policy Center Inc	Los Angeles, CA	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
Environment Connecticut Research and Policy Center Inc	Hartford, CT	Charitable, Educational	501(c)(3)	170(b)(1)(A)(vi)	No
Environment Florida Research and Policy Center Inc	St Petersburg, FL	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
Environment Georgia Research and Policy Center Inc	Decatur, GA	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
Environment Illinois Research and Education Center Nfp	Chicago, IL	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
Environment Iowa Research and Policy Center Inc	Des Moines, IA	Charitable, Educational	501(c)(3)	170(b)(1)(A)(vi)	No
Environment Maine Research and Policy Center Inc	Portland, ME	Charitable, Educational	501(c)(3)	170(b)(1)(A)(vi)	No
Environment Maryland Research and Policy Center Inc	Baltimore, MD	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
Environment Massachusetts Research and Policy Center Inc	Boston, MA	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
Environment Michigan Research and Policy Center Inc	Ann Arbor, MI	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
Environment New Hampshire Research and Policy Center Inc	Concord, NH	Charitable, Educational	501(c)(3)	170(b)(1)(A)(vi)	No
Environment New Jersey Research and Policy Center Inc	New Brunswick, NJ	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
Environment New Mexico Research and Policy Center Inc	Albuquerque, NM	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
Environment North Carolina Research and Policy Center Inc	Raleigh, NC	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
Environment Ohio Research and Policy Center Inc	Columbus, OH	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
Environment Oregon Research and Policy Center Inc	Portland, OR	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
Environment Rhode Island Research and Policy Center Inc	Providence, RI	Charitable, Educational	501(c)(3)	170(b)(1)(A)(vi)	No
Environment Texas Research and Policy Center Inc	Austin, TX	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
Environment Washington Research and Policy Center Inc	Seattle, WA	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
Environmental Action Research Center Inc	Denver, CO	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
Fair Share Education Fund Inc	Washington, DC	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
Florida Public Interest Research Group Education Fund Inc	St Petersburg, FL	Charitable, Educational	501(c)(3)	170(b)(1)(A)(vi)	No
Georgia Public Interest Research Group Education Fund Inc	Atlanta, GA	Charitable, Educational	501(c)(3)	170(b)(1)(A)(vi)	No
Green Corps Inc	Denver, CO	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
Illinois PIRG Education Fund Inc	Chicago, IL	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
Iowa Public Interest Research Group Education Fund Inc	Des Moines, IA	Charitable, Educational	501(c)(3)	170(b)(1)(A)(vi)	-
Maryland Public Interest Research Foundation Inc	Baltimore, MD	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
Massachusetts Public Interest Research Group Education Fund Inc	Boston, MA	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
Missouri Public Interest Research Group Foundation Inc	Kansas City, MO	Charitable, Educational	501(c)(3)	170(b)(1)(A)(vi)	No
North Carolina Public Interest Research Group Education Fund Inc	Raleigh, NC	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
OSPIRG Foundation Inc	Portland, OR	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
Ohio PIRG Education Fund Inc	Columbus, OH	Charitable, Educational	501(c)(3)	170(b)(1)(A)(vi)	No
PIRG New Voters Project Inc	Boston, MA	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
PIRGIM Education Fund Inc	Ann Arbor, MI	Charitable, Educational	501(c)(3)	170(b)(1)(A)(vi)	No
PennEnvironment Research and Policy Center Inc	Philadelphia, PA	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
Pennsylvania Public Interest Research Group Education Fund Inc	Philadelphia, PA	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
Pesticide Watch Education Fund Inc	Sacramento, CA	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
Public Interest Research Foundation of New Jersey Inc	New Brunswick, NJ	Charitable, Educational	501(c)(3)	170(b)(1)(A)(vi)	No
Student Organizing Inc	Boston, MA	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
Texas Public Interest Research Group Education Fund Inc	Austin, TX	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
Toxics Action Center Inc	Boston, MA	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
United States Public Interest Research Group Education Fund Inc	Denver, CO	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
WISPIRG Foundation Inc	Madison, WI	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
Washington Public Interest Research Group Foundation Inc	Seattle, WA	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No
Wisconsin Environment Research and Policy Center Inc	Madison, WI	Charitable, Educational	501(c)3	170(b)(1)(A)(vi)	No

Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant: No
Annual disclosure for covered persons: Yes
Backup withholding compliance: Yes
Business relationship with 35% controlled entity: No
Business relationship with family members: No
Business relationship with organization members: No
Material changes to governing documents: No
Compensation from other sources disclosed: No
CEO compensation reviewed: Yes
Other officer compensation reviewed: No
Conflict-of-interest policy: Yes
Audited financial statements prepared: No
Key decisions subject to board approval: No
Management duties delegated: No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“There were no such committees within the organization.”

Form 990, Part VI, Section B, Line 11B

“The draft 990 is sent to all board members prior to the return being finalized.”

Form 990, Part VI, Section B, Line 12C

“1. Any officer, director department head or other senior manacement with substanial influence over the organization must disclose to the organization any financial interest, direct or indirect, that he/she would gain from any transaction, contract or policy that the organization is considering entering into or adopting. 2 in instances where any officer. Director or individual with substantial influence over the organization would obtain a direct or indirect financial interest from a transaction or contract entered into with the organization or from a policy adopted by the organization. The following procedures shall. Apply: (a) a meeting (either in person or via telephone) of the board of directors of the organization shall be convened: (b) the interested person will relate the nature of the proposed transaction contract or policy and shall disclose his/her financial interest in the board and then shall abstain himself/herself from the meeting c) the board shall undertake consideration and discussion of the proposed iransaction contract or.... Policy in the absence uf the interested person: (d) the board shall obtain data concerning alternatives to entering into said contract or policy...(e) the board shall vote. To approve the proposed iransaction. Contract or policy only after having arrived at a determination that such is fair in relating to the feasible alternatives and is in the best interests of the organization. (f) only a two-thirds (2/3) vote of the disinterested members of the board shall be sufficient to approve such an interest transaction, contract or policy. The interested person shall not be present for or participate in the vote; (g) minutes shall be prepared and maintained concerning the board's review, discussion and vote regarding the proposed transaction contract or policy: 3. The organization shall maintain a list of every transaction, contract or policy from which any officer, director or individual who exercises substantial influence over the corporation gains any financial benefit, whether direct or indirect”

Form 990, Part VI, Section B, Line 15

“The independent compensation committee establishes acceptable compensaton packages after reviewing at least one of the following: (i) information about compensation paid by similarly tax exempicorganizations for similar services (ii) current compensation surveys compiled by independent firms; or (iii) actual writen offers from similary situated organizations the indepenent compensation committee documents in writing the information on which it relies in deciding upon the terms of compensation arragements”

Form 990, Part VI, Section C, Line 19

“No documents were made available to the public, except for those that were included with the organization's form 1023 application for exempt status, which are made available upon request as indicated in line 18.”

Filing and Contact Details

Filer

Filer Name: Fair Share Education Fund Inc
EIN: 26-2533551
Phone: 2025433332
Address: 600 Pennsylvania Ave SE Ste 400, Washington, DC 20003

Signing Officer

Name: Christine Wood
Title: President
Phone: 2025433332
Signed: 2022-05-14

Organization Details

Principal Officer: Christine Wood
Formed: 2008
Legal Domicile: Co
Voting Board Members: 3
Independent Board Members: 3
Employees: 0
Volunteers: 0

Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Consultants: Program $2,226; Administration $1,466; Fundraising $157 TOTAL CONSULTANTS: $3,849”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/PrincipalOfficerNm	0	Christine Wood
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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing

Assets: $883,135
Liabilities: $788,245
Net assets: $94,890
Revenue: $20,038
Expenses: $9,896
Net income: $10,142

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2022Detailed filing. Detailed filing data is available for this year.	$7.94	$7.32	$0.62	$0.00	$0.16	$0.16
2021Detailed filing. Detailed filing data is available for this year.	$8.02	$7.23	$0.79	$0.00	$0.16	$0.16
2020Detailed filing. Detailed filing data is available for this year.	$8.83	$7.88	$0.95	$0.20	$0.10	$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.40	$0.54	$0.14	$0.45	$1.11	$0.66