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North Carolina · Nonprofit

Parents for Educational Freedom in NC

Parents for Educational Freedom in NC (North Carolina) receives grants from 12 organizations whose IRS filings report $6,262,625 to it, the largest being AMERICAN FEDERATION FOR CHILDREN GROWTH FUND INC ($4,715,000). 7 of them have funded it in more than one year.

Revenue FY2025
$968k
Funders on record
12
Grants received
$6.3M
Net assets
$732k
7/12 repeat funderspeak grant-dependency 72%
01What it does

What Parents for Educational Freedom in NC does

Mission

Parents for Educational Freedom in NC advocates for quality educational options through parental school choice. Our mission is to ENGAGE at the grassroots level, EDUCATE NC about the options in our state, and EMPOWER families to have a voice in their childrens education.

As stated on its FY2025 Form 990.

Program

  1. PEFNCs 15-person Parent Liaison Team focused on one-on-one interactions, reaching 3,091 engagements at 82 in-person or virtual parent meetings. PEFNC paired grassroots outreach with strategic digital marketing focused on low-income switchers and lower/middle income students. PEFNC offered 6,964 families application assistance and 343 received school selection support. With PEFNCs support, North Carolinas Opportunity Scholarship Program has reached a historic milestone: 104,599 recipients as of January 5, 2026.

    $798,929 spent
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $798,929.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.5M) Expenses 100 ($1.8M) Net assets 100 ($923k)2018 Revenue 91 ($1.3M) Expenses 88 ($1.5M) Net assets 76 ($706k)2019 Revenue 90 ($1.3M) Expenses 67 ($1.2M) Net assets 90 ($827k)2020 Revenue 59 ($857k) Expenses 66 ($1.2M) Net assets 55 ($510k)2021 Revenue 110 ($1.6M) Expenses 71 ($1.3M) Net assets 93 ($861k)2022 Revenue 83 ($1.2M) Expenses 73 ($1.3M) Net assets 84 ($778k)2023 Revenue 105 ($1.5M) Expenses 84 ($1.5M) Net assets 88 ($811k)2024 Revenue 91 ($1.3M) Expenses 71 ($1.3M) Net assets 94 ($870k)2025 Revenue 67 ($968k) Expenses 63 ($1.1M) Net assets 79 ($732k)
'17'18'19'20'21'22'23'24'25
Revenue (67)Expenses (63)Net assets (79)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $923k to $706k (−24%).

$923k
$706k
$827k
$662k
$861k
$778k
$811k
$870k
$732k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 21%. Grants only. Government contracts and fees sit inside program revenue.

96% of Parents for Educational Freedom in NC’s revenue is contributions — more donation-reliant than the typical peer (57% for the typical peer).

This organization
Typical peer · 24,946 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

−$314k
’17
−$218k
’18
$121k
’19
−$317k
’20
$351k
’21
−$83k
’22
$33k
’23
$59k
’24
−$138k
’25
7.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Rick Adams

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed99101010111189
Joined·+3+2+0+0+2+0+0+2
No longer listed·31001031
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 7 funders, grant income fell $850k → $760k.

4 of 12 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 11% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $470k from one payer (the payer shares this organization's board, largest Partners for Educational Freedom In NC). These are real filings, and they are not money Parents for Educational Freedom in NC raised.

From the IRS filings of Parents for Educational Freedom in NC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Parents for Educational Freedom in NC leans on a few funders — its largest provides 75% of grant income and the top three 92%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

94% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Parents for Educational Freedom in NC.

75%
largest funder
92%
top three
~2
effective funders

Largest funder’s share by year: 2017 94% · 2018 89% · 2019 93% · 2020 82% · 2021 78% · 2022 54% · 2023 59% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

67% of Parents for Educational Freedom in NC's funders are still giving 3 years after their first grant; 58% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

Parents for Educational Freedom in NC draws 93% of its grant income from funders outside North Carolina, across 5 states in all.

IN
VA
MD
NC
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $687k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Parents for Educational Freedom in NC is better cushioned than half of the 16,849 education nonprofits its size.

Operating margin−14% · bottom quartile
Months of reserve7.9mo · above the median
Revenue growth (annualized)−5% · bottom quartile

this organization peer median middle 50% of peers· 16,849 education nonprofits $100k–$1M, FY2025

Organizations like Parents for Educational Freedom in NC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

72% of spending goes to programs.

Program 72%Management 20%Fundraising 8%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

84%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NC

Part of a family of 1 related entity

  • Partners for Edu Freedom in NC · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Parents for Educational Freedom in NC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Parents for Educational Freedom in NC?
Parents for Educational Freedom in NC (North Carolina) receives grants from 12 organizations whose IRS filings report $6,262,625 to it, the largest being AMERICAN FEDERATION FOR CHILDREN GROWTH FUND INC ($4,715,000). 7 of them have funded it in more than one year.
How many funders does Parents for Educational Freedom in NC have?
IRS filings report 12 organizations giving $6,262,625 in grants to Parents for Educational Freedom in NC, 7 of which have funded it in more than one year.
Who is the largest funder of Parents for Educational Freedom in NC?
AMERICAN FEDERATION FOR CHILDREN GROWTH FUND INC is the largest funder on record, with $4,715,000 in grants. The full list of funders is on this page.
How can an organization like Parents for Educational Freedom in NC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 12 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing