2026-05-14T13:22:16+00:00 2025-12-31 440160260 Forvis Mazars LLP 820 Massachusetts Ave Suite 1370 Indianapolis IN 46204 990 2025-01-01 351978359 EdChoice Inc EDCH 3176810745 111 Monument Circle Suite 2650 Indianapolis IN 46204 Robert C Enlow President/CEO 3176810745 2026-05-14 true Nicole Fishback P01279475 3173834000 2026-05-15 2025 2025-03-06 01:10:19Z Robert C Enlow 111 Monument Circle Suite 2650 Indianapolis IN 46204 23051527 false X WWW.EDCHOICE.ORG X 1996 IN ADVANCING EDUCATIONAL FREEDOM AND CHOICE FOR ALL AS A PATHWAY TO SUCCESSFUL LIVES AND A STRONGER SOCIETY. 9 8 43 8 0 0 9771686 10654150 192868 253055 1737485 686781 13220 83122 11715259 11677108 1238000 827500 0 5403431 5544479 126000 126000 999511 6179499 4790890 12946930 11288869 -1231671 388239 18404425 20004656 1167273 761660 17237152 19242996 X EDCHOICE, INC. IS DEDICATED TO ADVANCING FULL AND UNENCUMBERED EDUCATIONAL CHOICE AS THE BEST PATHWAY TO SUCCESSFUL LIVES AND A STRONGER SOCIETY. false false 3059002 650000 11000 STATE PROGRAMS: EDCHOICE, INC. WORKS IN STATES AROUND THE COUNTRY TO EDUCATE THE PUBLIC ON THE ISSUE OF EDUCATIONAL CHOICE, PROVIDING EDUCATIONAL SERVICES TO STATE-BASED ORGANIZATIONS AND INDIVIDUALS. SERVICES INCLUDE: SPONSORING AND HOSTING INFORMATIONAL SYMPOSIUMS, TESTIFYING IN FRONT OF VARIOUS LEGISLATIVE BODIES, EDUCATING LOCAL AND STATE ORGANIZATIONS ON EDUCATIONAL CHOICE PROGRAMS, PARENT EDUCATIONAL EFFORTS AND TRAINING, INFORMING MEDIA, PROVIDING TECHNICAL ADVICE ON THE DRAFTING OF LEGISLATION, AND SPONSORING VISITS BY EXPERT SPEAKERS. 2924778 82500 200750 TRAINING AND OUTREACH: EDCHOICE, INC. UNDERTAKES NON-PARTISAN EDUCATIONAL TRAINING AND OUTREACH ACTIVITIES THAT INFORM THE PUBLIC, MEDIA AND POLICY MAKERS ON THE ISSUE OF EDUCATIONAL CHOICE AND ON EXISTING EDUCATIONAL CHOICE PROGRAMS. THIS INCLUDES FORMAL TRAININGS, CONFERENCES, FACT-FINDING TRIPS, AND EDUCATIONAL BRIEFINGS. 2846821 95000 34000 RESEARCH AND THOUGHT LEADERSHIP: EDCHOICE, INC. PRODUCES NON-PARTISAN RESEARCH AND PUBLICATIONS INTENDED TO INFORM THE PUBLIC ON THE ISSUE OF EDUCATIONAL CHOICE. TYPES OF RESEARCH AND EDUCATIONAL PUBLICATIONS INCLUDE: REVIEWING AND SYNTHESIZING EXISTING RESEARCH ON EDUCATIONAL CHOICE, SUCH AS THE ABC'S OF SCHOOL CHOICE AND INFORMATIONAL BROCHURES; CONDUCTING ORIGINAL STATE AND NATIONAL RESEARCH ON EDUCATIONAL CHOICE, SUCH AS STATE POLLING AND FISCAL AND ACADEMIC IMPACT STUDIES; AND PUBLISHING COMMENTARY PAPERS, WEBINARS AND BLOGS. 1003224 7305 Legal Advocates: To safeguard choice programs for families, EdChoice, Inc. established EdChoice Legal Advocates (EdLA) to engage directly in litigation efforts. EdLA provides legal representation and support to parents involved in educational choice litigation across the nation. 1003224 7305 9833825 true true false true false false false false false false true false false true true false true false false true true false false true false false false true false true false false false false false false false false false false false false false false false false false false false false true X 62 0 true 43 true false false false false false false false false false false false false X 9 8 false false false false false false false true true false false false true true true true true true true false false false CA FL GA AL IL KS KY MD MA MI MN MS MO NH NJ NC OR PA RI TN VA AR WV WI X Michelle Stephens 3176810745 111 Monument Circle Suite 2650 Indianapolis IN 46204 DEVIN ANDERSON TREASURER 1.0 0.0 X X 0 0 0 FRED S KLIPSCH CHAIRMAN 2.0 0.0 X X 0 0 0 J SCOTT ENRIGHT VICE CHAIRMAN & SECRETARY 5.0 0.0 X X 0 0 0 ROBERT C ENLOW PRESIDENT & CEO 45.0 0.0 X X 407301 0 25969 DAVID D FRIEDMAN DIRECTOR 1.0 0.0 X 0 0 0 FRED REAMS DIRECTOR 3.0 0.0 X 0 0 0 MATT SCHREIBER DIRECTOR 1.0 0.0 X 0 0 0 MICHAEL WALKER DIRECTOR 1.0 0.0 X 0 0 0 VIRGINIA WALDEN-FORD DIRECTOR 1.0 0.0 X 5500 0 0 CAREY E FOLCO EXECUTIVE VICE PRESIDENT OF OPERATIONS AND CHIEF OF STAFF 40.0 0.0 X 195400 0 20390 BRIAN MCGRATH EXECUTIVE VICE PRESIDENT OF PROGRAMS 40.0 0.0 X 191100 0 23483 STEVEN HOLWERDA EXECUTIVE VICE PRESIDENT OF EXTERNAL RELATIONS 40.0 0.0 X 181000 0 17990 BRYAN CLEVELAND ATTORNEY 40.0 0.0 X 173118 0 31892 LESLIE HINER VICE PRESIDENT OF LEGAL POLICY 40.0 0.0 X 212300 0 11362 PAUL DIPERNA VICE PRESIDENT OF RESEARCH & INNOVATION 40.0 0.0 X 185100 0 22913 THOMAS FISHER EXECUTIVE VICE PRESIDENT & DIRECTOR OF LITIGATION 40.0 0.0 X 251380 0 25942 1802199 0 179941 16 false true false ADARSH CONSULTANTS LIMITED UNIT 26J BLDG 6500 CORK AIRPORT BUS Cork EI RESEARCH CONSULTING 162000 AMERICAN PHILANTHROPIC LLC 651 Valley Road Hockessin DE 19707 CONSULTING SERVICES 126000 2 10654150 15299 10654150 CONFERENCE/EVENT REGISTRATION REVENUE 813319 190750 190750 SPEAKING ENGAGEMENT 813319 7305 7305 Sponsorship Revenue 813319 21000 21000 State Survey Revenue 813319 34000 34000 0 0 0 0 253055 716808 716808 0 0 11344392 11374419 -30027 0 -30027 -30027 0 Gain on Lease Modification 999999 72849 72849 Miscellaneous Income 999999 10273 10273 0 0 0 0 83122 11677108 253055 0 769903 X 827500 827500 1073122 684162 151556 237404 3603326 3300677 102909 199740 93447 84634 2545 6268 451037 394466 13051 43520 323547 279015 16319 28213 19560 18429 1131 52153 52153 136686 136686 126000 126000 1392044 1347967 26161 17916 149541 146556 900 2085 265211 183342 72039 9830 191333 167018 6947 17368 529927 489637 473 39817 96831 96831 832463 819898 3831 8734 772 666 31 75 64540 55505 2623 6412 27090 23796 941 2353 SPONSORED EVENTS 527797 516718 11079 MAILING AND PRINTING FEES 383861 139241 1923 242697 SPEAKER/MODERATOR FEES 113661 113661 STATE POLLING 7420 7420 0 0 0 0 11288869 9833825 455533 999511 199957 68150 537104 602532 501104 268299 0 0 0 0 192057 304632 526228 480460 127557 45768 16256508 17687048 0 0 590138 1028227 18404425 20004656 535676 340805 168900 194500 0 0 462697 226355 1167273 761660 X 16652114 18280230 585038 962766 17237152 19242996 18404425 20004656 388239 1617605 0 X false true true false X 9054335 12323647 9667186 9771686 10654150 51471004 0 0 0 0 9054335 12323647 9667186 9771686 10654150 51471004 4820303 46650701 459054 439443 839839 664752 716808 3119896 0 0 66951 76975 123397 207588 336177 811088 55401988 0 0.84204 0.84635 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - CONFERENCE & EVENT REGISTRATION, SPEAKING ENGAGEMENTS, SPONSORSHIPS & STATE SURVEYS, COLUMN A - 66951.0, COLUMN B - 76975.0, COLUMN C - 123397.0, COLUMN D - 207588.0, COLUMN E - 253055.0, COLUMN F - 727966.0; DESCRIPTION - MISCELLANEOUS INCOME, COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - , COLUMN E - 10273.0, COLUMN F - 10273.0; DESCRIPTION - GAIN ON LEASE MODIFICATION, COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - , COLUMN E - 72849.0, COLUMN F - 72849.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 154174 154174 9679648 9833822 641691 0 160423 0 0 631316 728824 724675 641691 2726506 4089759 251864 140562 174527 154174 721127 157829 182206 181169 160423 681627 1022440 0 7885 126 0 8011 Schedule C, Part II-A, A LOBBYING EXPENDITURES TO INFLUENCE PUBLIC OPINION EDCHOICE, INC. IS NEVER INVOLVED IN POLITICAL CAMPAIGNS. THE PRIMARY ACTIVITY UNDERTAKEN BY EDCHOICE, INC. IS EDUCATIONAL IN NATURE. THE ORGANIZATION HAS MADE AN ELECTION UNDER SECTION 501(H) OF THE INTERNAL REVENUE CODE. CONSISTENT WITH AN ORGANIZATION EXEMPT UNDER CODE SECTION 501(C)(3) WITH "H ELECTION", THE ORGANIZATION ALSO UNDERTAKES ALLOWABLE AND LIMITED LOBBYING ACTIVITIES IN CERTAIN STATES TO AID IN THE PASSAGE OF LEGISLATION THAT ENABLES PARENTS TO RECEIVE AND DIRECT PUBLIC FUNDS IN ORDER TO CHOOSE THE BEST EDUCATIONAL SETTING FOR THEIR CHILDREN, WHETHER THAT SETTING IS A PUBLIC SCHOOL, PRIVATE SCHOOL, CHARTER SCHOOL, AT HOME OR ONLINE. IN 2025, THESE ACTIVITIES INCLUDED ALLOCATING STAFF TIME FOR DIRECT LOBBYING TO STATE LEGISLATORS, ENGAGING CONSULTANTS TO ASSIST WITH LEGISLATIVE WORK, AND ENCOURAGING THE GENERAL PUBLIC TO SUPPORT SPECIFIC LEGISLATION. 214052 195435 18617 312176 285025 27151 45768 ROU Assets - Operating Leases 173211 Other Receivables 0 Beneficial Interest in Charitable Trust 837766 ROU Assets - Finance Leases 17250 1028227 Federal Income Taxes Lease Liability 226355 226355 13294713 1617605 0 1617605 11677108 0 0 11677108 11288869 0 0 11288869 0 0 11288869 Schedule D, Part X, Line 2 ASC 740 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON ITS REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Europe (Including Iceland and Greenland) 0 1 Program Services RESEARCH 162000 0 1 0 0 0 1 162000 0 162000 false false false false false false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual X X X X true American Philanthropic LLC 119 N High Street West Chester PA 19380 Fundraising consulting services for direct mail false 0 126000 -126000 0 126000 -126000 CA CO CT FL GA AL IL KS KY ME AK MD MA MI MN MS MO NH NJ NY NC ND OH OK OR PA RI TN VA AR WA WV WI Schedule G, Part I, Line 2b Highest paid fundraiser The organization engaged American Philanthropic, LLC. To provide fundraising consulting services for Direct Mail. true Palmetto Promise Institute PO Box 12676 Columbia SC 29211 263077338 501(C)(3) 40000 Support for educational activities that work to increase awareness and support of education choice programs in South Carolina. Love Your School 4940 East Sunnyside Drive Phoenix AZ 85254 845012487 501(C)(3) 75000 Support for continued work in Arizona and West Virginia promoting awareness of educational choice options and programs and helping to increase access for families. National Urban League Inc 80 Pine Street New York NY 10005 131840489 501(C)(3) 50000 Support for the Young Professionals Education Leadership Institute which will educate and inform cohort participants on educational choice from both a national and local perspective while also providing dialogue and activities to help participants gain a greater understanding of the current educational landscape and available educational options in their respective communities. National Microschooling Center 376 East Warm Springs Road Las Vegas NV 89118 820930795 501(C)(3) 75000 Support for continued efforts to grow the microschool ecosystem in Indiana by supporting founders with training and expert advice and by providing financial support to qualified microschools through the Indiana microgrant program. Oklahoma Parents for Student Achievement 309 NW 13th Oklahoma City OK 73103 934447936 501(C)(3) 25000 Support for professional development and training for the staff whose jobs are to help facilitate navigating through Oklahoma school choice options. Alabama Policy Institute Inc 200 Missionary Ridge Drive Birmingham AL 35242 630809568 501(C)(3) 30000 Support for continued outreach, awareness, and engagement efforts surrounding the implementation of Alabama's new education choice program. Cardinal Institute for West Virginia Policy Inc PO Box 11495 Charleston WV 25339 471932521 501(C)(3) 50000 Support for education awareness, provider engagement, and policy advocacy efforts promoting access to educational opportunities in West Virginia. Iowa Alliance for Choice in Education PO Box 12219 Des Moines IA 50312 204240578 501(C)(3) 50000 Support for ongoing outreach and educaton of parents and families on the Iowa ESA program. Pelican Institute for Public Policy 400 Poydras Street New Orleans LA 70130 261704791 501(C)(3) 50000 Support for education policy outreach and advocacy efforts aimed at expanding and sustaining school choice opportunities for families in Lousiana. Opportunity Arkansas Foundation PO Box 2104 Conway AR 72033 883938322 501(C)(3) 40000 Support to partner with EdChoice to protect and promote the AR Learns Program by continuing to engage parents, educate on the importance of universal usage, identify and alert EdChoice to upcoming threats to the program, and build a coalition to defend the program's universality. Empower Mississippi Foundation 1000 Northpark Drive Ridgeland MS 39157 464565274 501(C)(3) 50000 Support for public education and awareness efforts aimed at expanding access to educational opportunities in Mississippi through school development and promoting a better understanding of education choice policy. The Children's Scholarship Fund 180 Loudon Road Concord NH 03301 134002189 501(C)(3) 70000 Support for education and outreach efforts to increase awareness and support for education choice and New Hampshire's Education Freedom Accounts. PA Families for Education Choice Inc 350 Towne Square Way Pittsburgh PA 15227 882536665 501(C)(3) 40000 Support for efforts to educate families about school choice options and to promote school choice in Pennsylvania through the Regional Volunteer Network and Educator Services Directory. National Black Caucus of State Legislators 122 C Street NW Washington DC 20001 521218832 501(C)(3) 25000 Support to educate and inform leaders of NBCSL about educational choice programs and how these programs can increase education option for children in their communities. Institute for Quality Education Inc 101 West Ohio Street Indianapolis IN 46204 351836687 501(C)(3) 150000 Support to help improve the quality of education in Indiana by engaging and informing parents about their educational options, educating policymakers on the benefits of education choice in Indiana, analyzing date related to education choice In Indiana, and successfully implementing education choice policies. National Association of Black Microschool Leaders 1773 Kingsmill Road Bartow FL 33830 331666304 501(C)(3) 7500 Support for the development and launch of an online directory of Black-led microschools. 16 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds EDCHOICE, INC. ACCEPTS APPLICATIONS FOR GRANTS THAT CONFORM TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE AND EDUCATIONAL MISSION. APPLICATIONS MUST INCLUDE A DESCRIPTION OF THE PROJECT, AMOUNT REQUESTED, PROJECT BUDGET, METHOD TO EVALUATE SUCCESS, BOARD OF DIRECTORS LIST, AND FINANCIAL STATEMENTS. THE EDCHOICE PROGRAM STAFF REVIEW THE REQUEST AND SUBMIT SUGGESTED GRANTS TO THE EXECUTIVE MANAGEMENT. AFTER APPROVAL, THE EXECUTIVE VICE PRESIDENT OF OPERATIONS REVIEWS THE REQUEST FOR PROPER DOCUMENTATION AND DRAFTS A GRANT AGREEMENT THAT REQUIRES ALL FUNDS BE USED IN FURTHERANCE OF A PERMISSIBLE ACTIVITY UNDER CODE SECTION 501(C)(3), WHICH IS THEN SIGNED BY THE GRANTEE, AND THE PAYMENT IS MADE. PROGRAM STAFF WORK CLOSELY WITH THE GRANTEE TO ENSURE COMPLIANCE WITH THE GRANT AGREEMENT AND ENSURE PROPER USE OF GRANT FUNDS. GRANTEES ARE REQUIRED TO SUBMIT A FINAL REPORT ON THE PROJECT, INCLUDING HOW FUNDS WERE USED, IN A TIMELY MANNER AS REQUIRED BY THE GRANT AGREEMENT. X X X X false false false false false false false true false ROBERT C ENLOW PRESIDENT & CEO 346701 0 60600 0 0 0 9050 0 16919 0 433270 0 0 0 CAREY E FOLCO EXECUTIVE VICE PRESIDENT OF OPERATIONS AND CHIEF OF STAFF 158200 0 37200 0 0 0 4800 0 15590 0 215790 0 0 0 BRIAN MCGRATH EXECUTIVE VICE PRESIDENT OF PROGRAMS 157900 0 33200 0 0 0 4800 0 18683 0 214583 0 0 0 STEVEN HOLWERDA EXECUTIVE VICE PRESIDENT OF EXTERNAL RELATIONS 160000 0 21000 0 0 0 4800 0 13190 0 198990 0 0 0 LESLIE HINER VICE PRESIDENT OF LEGAL POLICY 190200 0 22100 0 0 0 5760 0 5602 0 223662 0 0 0 PAUL DIPERNA VICE PRESIDENT OF RESEARCH & INNOVATION 152200 0 32900 0 0 0 4680 0 18233 0 208013 0 0 0 BRYAN CLEVELAND ATTORNEY 157118 0 16000 0 0 0 4920 0 26972 0 205010 0 0 0 THOMAS FISHER EXECUTIVE VICE PRESIDENT & DIRECTOR OF LITIGATION 235380 0 16000 0 0 0 7200 0 18742 0 277322 0 0 0 Schedule J, Part I, Line 7 Non-fixed payments ROBERT C. ENLOW RECEIVED A PERFORMANCE PAYMENT WHICH WAS DETERMINED BY THE EXECUTIVE COMPENSATION COMMITTEE. THIS WAS A DISCRETIONARY BONUS BASED UPON FULFILLING THE MISSION OF THE ORGANIZATION, FOCUSING SPECIFICALLY ON PROGRAMMING, OPERATIONS AND FINANCIAL HEALTH OF THE ORGANIZATION. SOME EMPLOYEES RECEIVED A MERIT BONUS DETERMINED BY THE PRESIDENT AND CEO FOR EXCEPTIONAL WORK IN THEIR ROLES. Form 990, Part III, Line 1 ORGANIZATION'S MISSION EDCHOICE, INC. IS DEDICATED TO ADVANCING FULL AND UNENCUMBERED EDUCATIONAL CHOICE AS THE BEST PATHWAY TO SUCCESSFUL LIVES AND A STRONGER SOCIETY. EDCHOICE BELIEVES THAT FAMILIES ARE BEST EQUIPPED TO MAKE K-12 SCHOOLING DECISIONS FOR THEIR CHILDREN. EDCHOICE, INC. WORKS AT THE STATE LEVEL TO EDUCATE DIVERSE AUDIENCES ON THE BENEFITS OF HIGH-QUALITY EDUCATION CHOICE PROGRAMS. EDCHOICE, INC. IS THE INTELLECTUAL LEGACY OF MILTON AND ROSE D. FRIEDMAN, WHO FOUNDED THE ORGANIZATION IN 1996. Form 990, Part III, Line 4a-4c Description of program services (Expenses $ 1,003,224 including grants of $)(Revenue $ 7,305) Legal Advocates: To safeguard choice programs for families, EdChoice, Inc. established EdChoice Legal Advocates (EdLA) to engage directly in litigation efforts. EdLA provides legal representation and support to parents involved in educational choice litigation across the nation. Form 990, Part V, Line 1c COMPLIANCE WITH BACKUP WITHHOLDING RULES EDCHOICE, INC. WAS NOT REQUIRED TO COMPLY WITH THE BACKUP WITHHOLDING RULES BECAUSE IT DID NOT MAKE REPORTABLE PAYMENTS TO VENDORS OR PAY REPORTABLE GAMING (GAMBLING) WINNINGS TO PRIZE WINNERS. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS COMPLETED BY AN OUTSIDE ACCOUNTING FIRM, IN CONJUNCTION WITH THE VICE PRESIDENT OF FINANCE. THE FORM 990 IS REVIEWED BY THE PRESIDENT AND CEO, EXECUTIVE VICE PRESIDENT OF OPERATIONS, VICE PRESIDENT OF FINANCE, SECRETARY, AN INDEPENDENT ACCOUNTING FIRM AND AN OUTSIDE ATTORNEY. UPON COMPLETION, THE FINAL FORM 990 IS SENT TO THE FULL BOARD OF DIRECTORS FOR REVIEW BEFORE FILING. Form 990, Part VI, Line 12c Conflict of interest policy THE ORGANIZATION'S BOARD OF DIRECTORS HAS ADOPTED A CONFLICT OF INTEREST POLICY THAT REQUIRES DIRECTORS, OFFICERS AND KEY EMPLOYEES TO SUBMIT AN ANNUAL CONFLICT OF INTEREST DISCLOSURE. THE ANNUAL DISCLOSURE REQUIRES DIRECTORS, OFFICERS AND KEY EMPLOYEES TO DISCLOSE, IN WRITING, ANY KNOWN FINANCIAL INTEREST THAT THE INDIVIDUAL (TOGETHER WITH FAMILY MEMBERS) HAS IN ANY BUSINESS ENTITY THAT TRANSACTS BUSINESS WITH EDCHOICE, INC. IN ADDITION, DIRECTORS, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO IMMEDIATELY DISCLOSE ANY POSSIBLE CONFLICT OF INTEREST THAT ARISES MID YEAR IN RELATION TO A PROPOSED TRANSACTION. THE CONFLICT OF INTEREST POLICY REQUIRES THAT ANY INDIVIDUAL WITH A CONFLICT BE RECUSED FROM THE DECISION-MAKING PROCESS, THAT INDEPENDENT DIRECTORS DETERMINE WHETHER THE PROPOSED TRANSACTION IS IN THE BEST INTERESTS OF THE ORGANIZATION, AND THE TRANSACTION MUST BE APPROVED BY A VOTE OF THE INDEPENDENT DIRECTORS WITHOUT THE PARTICIPATION OF ANY INTERESTED INDIVIDUAL. THE ANNUAL CONFLICT DISCLOSURE STATEMENTS ARE SUBMITTED TO, AND REVIEWED BY, THE EXECUTIVE VICE PRESIDENT OF OPERATIONS. IN ADDITION, THE EXECUTIVE STAFF OF EDCHOICE, INC. ARE RESPONSIBLE FOR MONITORING ANY POSSIBLE CONFLICT TRANSACTIONS THAT ARISE AND MANAGING THEM TO ENSURE THAT ALL TRANSACTIONS REPRESENT ARMS' LENGTH, FAIR MARKET VALUE TERMS FOR THE BENEFIT OF THE ORGANIZATION. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE ORGANIZATION'S BOARD OF DIRECTORS HAS ADOPTED AN EXECUTIVE COMPENSATION AND INTERMEDIATE SANCTIONS POLICY. THE PURPOSE OF THE POLICY IS TO ENSURE THAT THE ORGANIZATION'S COMPENSATION ARRANGEMENTS WITH RELATED PARTIES ARE EVALUATED AND ENTERED AT ARMS' LENGTH AND THAT ANY COMPENSATION THAT IS PAID TO A RELATED PARTY IS REASONABLE AND REFLECTS FAIR MARKET VALUE. THE POLICY ENCOURAGES THE APPLICATION OF THE REBUTTABLE PRESUMPTION STANDARD OF CODE SECTION 4958 AND THE RELATED TREASURY REGULATIONS BY (A) EXCLUDING ANY INTERESTED PARTY FROM THE DECISION MAKING PROCESS; (B) REQUIRING DISINTERESTED BOARD MEMBERS TO OBTAIN AND RELY UPON COMPARABILITY DATA WHEN SETTING THE PROPOSED COMPENSATION TERMS; (C) REQUIRING APPROVAL OF THE TRANSACTION IN ADVANCE BY DISINTERESTED DIRECTORS; AND (D) REQUIRING CONTEMPORANEOUS DOCUMENTATION (I.E., MINUTES) REFLECTING THE DECISION AND THE PROCESS BY WHICH IT WAS MADE. ON FEBRUARY 15, 2024, INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS, MEETING AS A SEPARATE COMMITTEE EVALUATED THE COMPENSATION OF THE PRESIDENT/CEO, EVALUATED COMPARABILITY DATA, AND USED SUCH DATA TO SET HIS COMPENSATION FOR 2025. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part VII, Section A, Line 4 REPORTABLE COMPENSATION VIRGINIA WALDEN-FORD WORKS WITH THE ORGANIZATION AS PART OF THE EDCHOICE EXPERTS SPEAKERS BUREAU. THE BOARD OF DIRECTORS HAS REVIEWED THIS WORK IN RELATION TO THE CONFLICT OF INTEREST POLICY AND DETERMINED THE PAYMENT IS AN HONORARIUM FOR SPEAKING ENGAGEMENTS, AND IS NOT RELATED TO HER DUTIES AS A DIRECTOR. FURTHERMORE, THE BOARD OF DIRECTORS APPROVED SUCH PAYMENT, WITH VIRGINIA WALDEN-FORD NOT PRESENT, IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY. Form 990, Part VII, Section B, Line 1 INDEPENDENT CONTRACTORS THE AMOUNT PAID TO AMERICAN PHILANTHROPIC, LLC AS AN INDEPENDENT CONTRACTOR IS FOR FUNDRAISING SERVICES. Form 990, Part IX, Line 11g Other Fees SUBSCRIPTION SERVICES - Total Expense: 185614, Program Service Expense: 165053, Management and General Expenses: 13278, Fundraising Expenses: 7283; INDEPENDENT CONTRACTORS - Total Expense: 985506, Program Service Expense: 978277, Management and General Expenses: 1768, Fundraising Expenses: 5461; CONSULTANTS - Total Expense: 194060, Program Service Expense: 188203, Management and General Expenses: 900, Fundraising Expenses: 4957; EDITING AND WRITING - Total Expense: 16538, Program Service Expense: 16323, Management and General Expenses: , Fundraising Expenses: 215; OTHER PROFESSIONAL - Total Expense: 10326, Program Service Expense: 111, Management and General Expenses: 10215, Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; Schedule F, Part I, Line 2 MONITORING THE USE OF GRANTS OUTSIDE THE US EDCHOICE DOES NOT AWARD ANY GRANTS OUTSIDE OF THE US. THE ONLY PAYMENTS MADE OUTSIDE THE US WERE FOR AN INDEPENDENT CONTRACTOR FOR RESEARCH SERVICES IN FURTHERANCE OF EDCHOICE'S EXEMPT PURPOSE.