Liabilities / Assets
33rd percentile
Tied with the lowest-debt nonprofits in its peer group.
EIN 74-2066841 • 501(c)3 • Lake Jackson, TX
Profile
The Foundation for Rational Economics & Education, Inc. (F.R.E.E.) is a non-partisan organization dedicated to public education on the principles of free-market economics, sound money & limited government.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
33rd percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
35th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
18th percentile
Higher net margin than 18% of similar nonprofits.
Top Officer Pay
93rd percentile
Higher top officer pay than 93% of similar nonprofits.
Top officer pay equals 19.9% of source-year revenue.
Asset Growth
20th percentile
Faster asset growth than 20% of similar nonprofits.
Revenue Growth
32nd percentile
Faster revenue growth than 32% of similar nonprofits.
Assets
Down$920,893
Down $118,662 (-11%) from 2023
Liabilities
Flat$0
Flat from 2023
Net Assets
Down$920,893
Down $118,662 (-11%) from 2023
Revenue
Down$734,831
Down $34,214 (-4.4%) from 2023
Expenses
Up$853,493
Up $6,164 (+0.7%) from 2023
Net Income
Down-$118,662
Down $40,378 (-52%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
The Foundation for Rational Economics & Education, Inc. (F.R.E.E.) is a non-partisan organization dedicated to public education on the principles of free-market economics, sound money &
The Foundation for Rational Economics & Education, Inc. (F.R.E.E.) is a non-partisan organization dedicated to public education on the principles of free-market economics, sound money & limited government.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $932,299 | $791,256 | ▼ $141,043 |
| Investments Other Securities | $78,168 | $101,743 | ▲ $23,575 |
| Land, Buildings, and Equipment, Net | $28,523 | $27,329 | ▼ $1,194 |
| Total Assets | $1,039,555 | $920,893 | ▼ $118,662 |
| Other Assets Total | $565 | $565 | → $0 |
| Liabilities | |||
| Total Liabilities | $0 | $0 | → $0 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $1,039,555 | $920,893 | ▼ $118,662 |
| Total Net Assets Fund Balance | $1,039,555 | $920,893 | ▼ $118,662 |
| Total Liabilities and Net Assets / Fund Balance | $1,039,555 | $920,893 | ▼ $118,662 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $27,329 | $129,218 | - |
| Equipment | $0 | $45,806 | - |
| Other Securities | $101,743 | - | - |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Daniel Mcadams | Special Projects Director | FT | $146,000 | $146,000 |
| Name | Title |
|---|---|
| Carol Paul | President & Sec |
| Ronald W Paul | VP/treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $514,837 |
| Other Expenses | $338,656 |
| Total Fundraising Expense | $59,181 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Comp Disqual Persons | $126,411 | $87,251 | $25,819 | $239,481 |
| Current Officers, Directors, Trustees, and Key Employees | $77,066 | $53,193 | $15,741 | $146,000 |
| Other Expenses | $109,394 | $1,170 | $0 | $110,564 |
| All Other Expenses | $98,692 | $3,678 | $0 | $102,370 |
| Other Employee Benefits | $0 | $99,867 | $0 | $99,867 |
| Occupancy | $17,502 | $22,280 | $4,375 | $44,157 |
| Office Expenses | $11,068 | $29,930 | $704 | $41,702 |
| Payroll Taxes | $14,317 | $11,449 | $3,723 | $29,489 |
| Advertising | $28,000 | $0 | $0 | $28,000 |
| Fees for Services Accounting | $275 | $1,500 | $960 | $2,735 |
| Depreciation Depletion | $0 | $1,194 | $0 | $1,194 |
| Total Functional Expenses | $482,725 | $311,587 | $59,181 | $853,493 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| Ronald E Paul | Officers spouse | Book royalties | No | $12,286 |
“Ronald W. Paul is Carol Pauls son.”
“The Organizations accountant approved the 2024 form 990 before it was filed with the IRS.”
“Audio/visual 144. 144. 0. 0.”
“Books 6140. 6140. 0. 0.”
“Business registrations 650. 650. 0. 0.”
“Conference,Convention,Meeting 58766. 55614. 3152. 0.”
“Contributions 5000. 5000. 0. 0.”
“Meals & Entertainment 120. 120. 0. 0.”
“Scholarships 9500. 9000. 500. 0.”
“Shipping 26. 0. 26. 0.”
“Studio 3754. 3754. 0. 0.”
“Web site design 18270. 18270. 0. 0.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | The Foundation for Rational Economics & Education, Inc. (F.R.E.E.) is a non-partisan organization dedicated to public education on the principles of free-market economics, sound money & limited government. |
| IRS990/AdvertisingGrp/FundraisingAmt | 0 | 0 |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 28000 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 28000 |
| IRS990/AllOtherContributionsAmt | 0 | 23575 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 3678 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 98692 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 102370 |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | Deana Vetters |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9792653034 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 837 W PLANTATION DR |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | CLUTE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 77531 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | true |
| IRS990/BusinessRlnWithOrgMemInd | 0 | true |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 932299 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 791256 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 15741 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 53193 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 77066 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 146000 |
| IRS990/CompDisqualPersonsGrp/FundraisingAmt | 0 | 25819 |
| IRS990/CompDisqualPersonsGrp/ManagementAndGeneralAmt | 0 | 87251 |
| IRS990/CompDisqualPersonsGrp/ProgramServicesAmt | 0 | 126411 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 239481 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | false |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/ContriRptFundraisingEventAmt | 0 | 670371 |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 693946 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 9869 |
| IRS990/CYOtherExpensesAmt | 0 | 338656 |
| IRS990/CYOtherRevenueAmt | 0 | 12286 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 18730 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -118662 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 514837 |
| IRS990/CYTotalExpensesAmt | 0 | 853493 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 59181 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 734831 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/FundraisingAmt | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 1194 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 1194 |
| IRS990/Desc | 0 | CONTINUED EMPHASIS ON THE EDUCATION OF ECONOMIC & SOCIAL ISSUES THROUGH PUBLICATIONS AND BROADCASTS. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 5 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 482725 |
| IRS990/FamilyOrBusinessRlnInd | 0 | true |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/FundraisingAmt | 0 | 960 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 1500 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 275 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 2735 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 50.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | CAROL PAUL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | DANIEL MCADAMS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | RONALD W PAUL |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 146000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT & SEC |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | SPECIAL PROJECTS DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | VP/TREASURER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1976 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/FundraisingAmt | 0 | 670371 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 2 |
| IRS990/GrantAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 734831 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 0 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 9869 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 9869 |
| IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 78168 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 101743 |
| IRS990/IRPDocumentCnt | 0 | 5 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 175024 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 28523 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 27329 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 202353 |
| IRS990/LegalDomicileStateCd | 0 | TX |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | The Foundation for Rational Economics & Education, Inc. (F.R.E.E.) is a non-partisan organization dedicated to public education on the principles of free-market economics, sound money & limited government. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1039555 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 920893 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 1039555 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 920893 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 4375 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 22280 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 17502 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 44157 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 704 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 29930 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 11068 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 41702 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 565 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 565 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 99867 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 99867 |
| IRS990/OtherExpensesGrp/Desc | 0 | Bank Service Charges |
| IRS990/OtherExpensesGrp/Desc | 1 | Credit Card Processing Fees |
| IRS990/OtherExpensesGrp/Desc | 2 | Contract Services |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 7859 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 2 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 75 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 1170 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 0 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 109394 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 75 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 7859 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 110564 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 3723 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 11449 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 14317 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 29489 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | RONALD W PAUL |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 700640 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 6 |
| IRS990/PYOtherExpensesAmt | 0 | 339161 |
| IRS990/PYOtherRevenueAmt | 0 | 12257 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 56142 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -78284 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 508168 |
| IRS990/PYTotalExpensesAmt | 0 | 847329 |
| IRS990/PYTotalRevenueAmt | 0 | 769045 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -118662 |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | true |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 724962 |
| IRS990/RoyaltiesRevenueGrp/ExclusionAmt | 0 | 12286 |
| IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 12286 |
| IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 693946 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 700640 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 580375 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 721391 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 993613 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 3689965 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 56142 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 62687 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 63151 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 38438 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 220418 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 3910383 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 693946 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 756782 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 643062 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 784542 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1032051 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 3910383 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 3910383 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 27329 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 129218 |
| IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 156547 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 45806 |
| IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt | 0 | 45806 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 0 | 101743 |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | Bitcoin |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 27329 |
| IRS990ScheduleD/TotalBookValueSecuritiesAmt | 0 | 101743 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 0 | Ronald E Paul |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | Officers spouse |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 0 | 12286 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 0 | Book royalties |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Ronald W. Paul is Carol Pauls son. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | The Organizations accountant approved the 2024 form 990 before it was filed with the IRS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Audio/visual 144. 144. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Books 6140. 6140. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Business registrations 650. 650. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Conference,Convention,Meeting 58766. 55614. 3152. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Contributions 5000. 5000. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Meals & Entertainment 120. 120. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Scholarships 9500. 9000. 500. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Shipping 26. 0. 26. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Studio 3754. 3754. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Web site design 18270. 18270. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt VI, Line 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Pt VI, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Form 990, Part IX, Line 24e |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | TX |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 1039555 |
| IRS990/TotalAssetsEOYAmt | 0 | 920893 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 1039555 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 920893 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 693946 |
| IRS990/TotalEmployeeCnt | 0 | 5 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 59181 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 311587 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 482725 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 853493 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 1039555 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 920893 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt | 0 | 18730 |
| IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 482725 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 18730 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 146000 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 22155 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 18730 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 734831 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 5 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 1039555 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 920893 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TransactionWithControlEntInd | 0 | false |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | PO Box 1776 |
| IRS990/USAddress/CityNm | 0 | Lake Jackson |
| IRS990/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/USAddress/ZIPCd | 0 | 77566 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 2 |
| IRS990/VotingMembersIndependentCnt | 0 | 0 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Carol W Paul |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President & Secretary |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9792653034 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-13 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Foundation for Rational Economics and Education Inc |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FOUN |
| ReturnHeader/Filer/EIN | 0 | 742066841 |
| ReturnHeader/Filer/PhoneNum | 0 | 9792653034 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO Box 1776 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Lake Jackson |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 77566 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 760627263 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | PAUL PHIPPS & CO PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 5959 WEST LOOP SOUTH SUITE 560 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | BELLAIRE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 77401 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7132544055 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-11-13 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | James T Phipps |
| ReturnHeader/ReturnTs | 0 | 2025-11-13T05:31:22-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
No mirrored PDF or thumbnail assets are attached yet.
Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • $500k-$1M nonprofits
Kalamazoo, MI
View Organization501(c)3
Revenue vs current organization
46% lowerAssets vs current organization
About the sameFairfax, VA
View Organization501(c)3
Revenue vs current organization
About the sameAssets vs current organization
About the sameFreehold, NJ
View Organization501(c)3
Revenue vs current organization
89% lowerAssets vs current organization
About the sameMacedonia, OH
View Organization501(c)3
Revenue vs current organization
25% higherAssets vs current organization
About the same