Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
990EZ • Fiscal year 2024 • EIN 88-1298317
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
Liabilities / Revenue
80th percentile
Higher debt load relative to revenue than 80% of similar nonprofits.
Net Margin
3rd percentile
Higher net margin than 3% of similar nonprofits.
Top Officer Pay
79th percentile
Higher top officer pay than 79% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
4th percentile
Faster asset growth than 4% of similar nonprofits.
Revenue Growth
9th percentile
Faster revenue growth than 9% of similar nonprofits.
Assets
Down$6,994
Down $307,109 (-98%) from 2023
Net Assets
Down-$3,856
Down $317,589 (-101%) from 2023
Liabilities
Up$10,850
Up $10,480 (+2832%) from 2023
Revenue
Down$145,000
Down $200,000 (-58%) from 2023
Expenses
Up$462,589
Up $214,018 (+86%) from 2023
Net Income
Down-$317,589
Down $414,018 (-429%) from 2023
To provide families with an alternative to failing public schools and allow children to achieve their full potential and thrive in adulthood, regardless of their background.
| Description | Grants | Expenses |
|---|---|---|
| IN 2024, THE TEXAS FOUNDATION FOR EDUCATION RIGHTS (TFER) EMBARKED ON AN IMPACTFUL JOURNEY TO FOSTER AN ENVIRONMENT THAT UPLIFTS STUDENTS FROM DISADVANTAGED ECONOMIC BACKGROUNDS. RECOGNIZING THE CRITICAL ROLE THAT EDUCATION PLAYS IN BREAKING THE CYCLE OF POVERTY, WE LAUNCHED SEVERAL INITIATIVES AIMED AT PROVIDING EQUAL OPPORTUNITIES FOR ALL STUDENTS. | - | $323,856 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MONTGOMERY BENNETT | Director | - | $0 | - | - |
| PHILIP AARON HARRIS | Director | - | $0 | - | - |
| SARAH ZUBIATE BENNETT | Director | - | $0 | - | - |
“MISCELLANEOUS $3040”
“Dues & subscriptions $1922”
“BANK CHARGES $206”
“WEB/SW DEVELOPMENT $23”
“Accounts Receivable - Beginning $1822 Accounts Receivable - Ending $0”
“Accounts Payable and Accrued Expenses - Beginning $370 Accounts Payable and Accrued Expenses - Ending $10850”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | VENTURITY FINANCIAL PARTNERS |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9726920380 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 14841 DALLAS PKWY 600 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | DALLAS |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 75254 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 312281 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 6994 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/CompensationOfHghstPdCntrctGrp/BusinessName/BusinessNameLine1Txt | 0 | LMK STRATEGIES |
| IRS990EZ/CompensationOfHghstPdCntrctGrp/CompensationAmt | 0 | 283000 |
| IRS990EZ/CompensationOfHghstPdCntrctGrp/ServiceTypeTxt | 0 | CONSULTING |
| IRS990EZ/CompensationOfHghstPdCntrctGrp/USAddress/AddressLine1Txt | 0 | 1418 WEST PIPELINE ROAD STE 199 |
| IRS990EZ/CompensationOfHghstPdCntrctGrp/USAddress/CityNm | 0 | HURST |
| IRS990EZ/CompensationOfHghstPdCntrctGrp/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/CompensationOfHghstPdCntrctGrp/USAddress/ZIPCd | 0 | 76053 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 145000 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -317589 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 457398 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 314103 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 6994 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 145000 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 313733 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -3856 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 313733 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -3856 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | MONTGOMERY BENNETT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | PHILIP AARON HARRIS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | SARAH ZUBIATE BENNETT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Director |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 1822 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 5191 |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROVIDE FAMILIES WITH AN ALTERNATIVE TO FAILING PUBLIC SCHOOLS AND ALLOW CHILDREN TO ACHIEVE THEIR FULL POTENTIAL AND THRIVE IN ADULTHOOD, REGARDLESS OF THEIR BACKGROUND. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | IN 2024, THE TEXAS FOUNDATION FOR EDUCATION RIGHTS (TFER) EMBARKED ON AN IMPACTFUL JOURNEY TO FOSTER AN ENVIRONMENT THAT UPLIFTS STUDENTS FROM DISADVANTAGED ECONOMIC BACKGROUNDS. RECOGNIZING THE CRITICAL ROLE THAT EDUCATION PLAYS IN BREAKING THE CYCLE OF POVERTY, WE LAUNCHED SEVERAL INITIATIVES AIMED AT PROVIDING EQUAL OPPORTUNITIES FOR ALL STUDENTS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 323856 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 370 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 10850 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 462589 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 323856 |
| IRS990EZ/TotalRevenueAmt | 0 | 145000 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | EDUCATIONRIGHTS.ORG |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 145000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 345000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 285000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 775000 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 775000 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 145000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 345000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 285000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 775000 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 775000 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| 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 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | MISCELLANEOUS $3040 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DUES & SUBSCRIPTIONS $1922 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | BANK CHARGES $206 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | WEB/SW DEVELOPMENT $23 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Accounts Receivable - Beginning $1822 Accounts Receivable - Ending $0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Accounts Payable and Accrued Expenses - Beginning $370 Accounts Payable and Accrued Expenses - Ending $10850 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Assets.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Total Liabilities.1001 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | PHILIP AARON HARRIS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Director |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-08-01 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | TEXAS FOUNDATION FOR EDUCATION |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | RIGHTS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | TEXA |
| ReturnHeader/Filer/EIN | 0 | 881298317 |
| ReturnHeader/Filer/PhoneNum | 0 | 9729802700 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 14185 DALLAS PKWY 1150 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | DALLAS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 75254 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 752593210 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Sutton Frost Cary LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 200 E Front St Suite 200 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Arlington |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 76011 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8176498083 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Carroll Elizabeth Arnott |
| ReturnHeader/ReturnTs | 0 | 2025-08-01T08:05:53-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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Displayed year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.