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Florida · Nonprofit

THE INDIAN RIVER EDUCATION FUND

THE INDIAN RIVER EDUCATION FUND (Florida) receives grants from 6 organizations whose IRS filings report $220,591 to it, the largest being INDIAN RIVER COMMUNITY FOUNDATION INC ($104,639). 0 of them have funded it in more than one year.

Revenue FY2025
$912k
Funders on record
6
Grants received
$221k
Net assets
$322k
0/6 repeat funders
01What it does

What The Indian River Education Fund does

Mission

The Indian River Education Fund brings together civic and corporate leaders to support innovation, strengthen public schools, and align community investment with district priorities.our vision is to make sdirc the best choice for education in indian river county.The Indian River Education Fund was created at a moment of both achievement and change for public education in indian river county. As the district has strengthened its performance, the educational landscape has also become more competitive, with families having more choices than ever before. The fund was established to help sustain district momentum, support innovation, and align private-sector investment with district priorities. Today, its strategic direction is centered on two core focus areas, leadership and innovation, with the goal of accelerating school improvement and improving student outcomes.

As stated on its FY2025 Form 990.

Program

  1. During its first full operating year, the fund directed program investments through its leadership and innovation focus areas, working in close partnership with the school district of indian river county and superintendent dr. David moore.major program activities included: - cross-sector leadership institute bringing together leaders from aviation, education, banking, and law to build cross-sector collaboration, bolster leadership skills, and expose participants to different ways of thinking. - math expertise at middle schools supporting professional learning to strengthen middle-school math instruction. - ai pilot funding a classroom pilot of an ai-powered learning assistant to test the impact on student outcomes and teacher productivity. - strategic school re-design and innovation supporting the district's exploration of new school models through designed, a structured design-and-prototype process for educators, and the innovation task force convening district leaders to address priority challenges. - regional science & engineering fair underwriting the annual district science fair to expand access and increase student participation. - step into kindergarten ensuring all…

    $597,221 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $597,221.

02The organization over time

The organization over time

Each line starts at 100 in 2024, so what you read is the shape rather than the size: 150 means half as much again as 2024, 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 = 20242024 Revenue 100 ($244k) Expenses 100 ($21k) Net assets 100 ($223k)2025 Revenue 373 ($912k) Expenses 3836 ($813k) Net assets 144 ($322k)
20242025
Revenue (373)Expenses (3836)Net assets (144)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 2024 to 2025, from $223k to $322k (+44%).

$223k
$322k
20242025
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.

2024
2025
ContributionsProgram revenueInvestmentOther

100% of THE INDIAN RIVER EDUCATION FUND’s revenue is contributions — more reliant on donations than three-quarters of its peers (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. 0 of the last 2 reported years ran a deficit.

$223k
’24
$99k
’25
1.7
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

William Penney

Chairman

As listed on its FY2025 Form 990.

20242025
Listed35
Joined·+2
No longer listed·0
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

1 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 47% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of THE INDIAN RIVER EDUCATION FUND’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

THE INDIAN RIVER EDUCATION FUND leans on a few funders — its largest provides 47% of grant income and the top three 93%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

88% 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 THE INDIAN RIVER EDUCATION FUND.

47%
largest funder
93%
top three
~3
effective funders

“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.

Where its funders are

87% of THE INDIAN RIVER EDUCATION FUND's grant income comes from Florida funders.

PA
TN
FL

Funder states come from each funder’s own filing. $105k arriving through sponsors registered in 1 state 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

THE INDIAN RIVER EDUCATION FUND has grown faster than three-quarters of the 16,849 education nonprofits its size.

Operating margin11% · above the median
Months of reserve1.7mo · bottom quartile
Revenue growth (annualized)273% · top quartile

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

Organizations like THE INDIAN RIVER EDUCATION FUND

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 Florida

Nationally

05Profile & governance

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

Where the money goes

73% of spending goes to programs.

Program 73%Management 20%Fundraising 6%

Governance

5
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 1 related entity

  • School District of Indian River County · exempt

Screen this organization

A dated, signed PDF of the compliance screen for THE INDIAN RIVER EDUCATION FUND: 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 THE INDIAN RIVER EDUCATION FUND?
THE INDIAN RIVER EDUCATION FUND (Florida) receives grants from 6 organizations whose IRS filings report $220,591 to it, the largest being INDIAN RIVER COMMUNITY FOUNDATION INC ($104,639). 0 of them have funded it in more than one year.
How many funders does THE INDIAN RIVER EDUCATION FUND have?
IRS filings report 6 organizations giving $220,591 in grants to THE INDIAN RIVER EDUCATION FUND.
Who is the largest funder of THE INDIAN RIVER EDUCATION FUND?
INDIAN RIVER COMMUNITY FOUNDATION INC is the largest funder on record, with $104,639 in grants. The full list of funders is on this page.
How can an organization like THE INDIAN RIVER EDUCATION FUND find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Indian River Education →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2024–2025), and the filings of 6 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