Nonprofit · EIN 35-1978359
EDCHOICE INC
Also known as MILTON & ROSE D FRIEDMAN FOUNDATION
Tax-exempt · INDIANAPOLIS, IN 46204
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $11,677,108 | $11,288,869 | $388,239 | $20,004,656 | $761,660 | $19,242,996 |
| December 31, 2024 | 990 | $11,715,259 | $12,946,930 | -$1,231,671 | $18,404,425 | $1,167,273 | $17,237,152 |
| December 31, 2023 | 990 | $10,637,137 | $12,995,333 | -$2,358,196 | $20,478,286 | $1,285,420 | $19,192,866 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $10,654,150
- Program service revenue
- $253,055
- Investment income
- $686,781
- Net gain from sales of assets
- -$30,027
- Other revenue
- $83,122
Expenses
- Grants and similar amounts paid
- $827,500
- Compensation of officers, directors and key employees
- $1,073,122
- Other salaries and wages
- $3,603,326
- Salaries, compensation and benefits (total)
- $5,544,479
- Professional fundraising fees
- $126,000
- Legal fees
- $19,560
- Accounting fees
- $52,153
- Occupancy
- $191,333
- Travel
- $529,927
- Depreciation
- $64,540
- Program services (functional)
- $9,833,825
- Management and general (functional)
- $455,533
- Fundraising (functional)
- $999,511
Balance sheet and other
- Total assets, start of year
- $18,404,425
- Total assets, end of year
- $20,004,656
- Total liabilities, end of year
- $761,660
- Net assets, end of year
- $19,242,996
- Land, buildings and equipment
- $45,768
- Publicly traded securities
- $17,687,048
- Net assets without donor restrictions
- $18,280,230
- Net assets with donor restrictions
- $962,766
- Gross receipts
- $23,051,527
- Employees
- 43
- Volunteers
- 8
- Year formed
- 1996
- State of legal domicile
- IN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROBERT C ENLOW | PRESIDENT & CEO Trustee or director, Officer | 45 | $407,301 | $25,969 |
| THOMAS FISHER | EXECUTIVE VICE PRESIDENT & DIRECTOR OF LITIGATION Highest-paid employee | 40 | $251,380 | $25,942 |
| LESLIE HINER | VICE PRESIDENT OF LEGAL POLICY Highest-paid employee | 40 | $212,300 | $11,362 |
| CAREY E FOLCO | EXECUTIVE VICE PRESIDENT OF OPERATIONS AND CHIEF OF STAFF Officer | 40 | $195,400 | $20,390 |
| BRIAN MCGRATH | EXECUTIVE VICE PRESIDENT OF PROGRAMS Key employee | 40 | $191,100 | $23,483 |
| PAUL DIPERNA | VICE PRESIDENT OF RESEARCH & INNOVATION Highest-paid employee | 40 | $185,100 | $22,913 |
| BRYAN CLEVELAND | ATTORNEY Highest-paid employee | 40 | $173,118 | $31,892 |
| STEVEN HOLWERDA | EXECUTIVE VICE PRESIDENT OF EXTERNAL RELATIONS Key employee | 40 | $181,000 | $17,990 |
| VIRGINIA WALDEN-FORD | DIRECTOR Trustee or director | 1 | $5,500 | $0 |
| DEVIN ANDERSON | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| FRED S KLIPSCH | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| J SCOTT ENRIGHT | VICE CHAIRMAN & SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| DAVID D FRIEDMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FRED REAMS | DIRECTOR Trustee or director | 3 | $0 | $0 |
| MATT SCHREIBER | DIRECTOR Trustee or director | 1 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL WALKER | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROBERT C ENLOW | PRESIDENT & CEO Trustee or director, Officer | 45 | $452,708 | $34,070 |
| THOMAS FISHER | VICE PRESIDENT & DIRECTOR OF LITIGATION Highest-paid employee | 40 | $250,004 | $28,769 |
| LESLIE HINER | VICE PRESIDENT OF LEGAL AFFAIRS Highest-paid employee | 40 | $213,008 | $10,662 |
| CAREY E FOLCO | VICE PRESIDENT OF OPERATIONS Officer | 40 | $187,900 | $19,842 |
| BRIAN MCGRATH | V.P. OF EXTERNAL RELATIONS Highest-paid employee | 40 | $175,650 | $28,355 |
| PAUL DIPERNA | V.P. OF RESEARCH & INNOVATION Highest-paid employee | 40 | $175,650 | $28,343 |
| STEVEN HOLWERDA | VICE PRESIDENT OF DEVELOPMENT Key employee | 40 | $165,904 | $17,586 |
| MARTIN LUEKEN | DIRECTOR OF FISCAL RESEARCH Highest-paid employee | 40 | $148,400 | $25,769 |
| VIRGINIA WALDEN-FORD | DIRECTOR Trustee or director | 1 | $17,500 | $0 |
| DEVIN ANDERSON | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| FRED S KLIPSCH | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| J SCOTT ENRIGHT | VICE CHAIRMAN & SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| DAVID D FRIEDMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FRED REAMS | DIRECTOR Trustee or director | 3 | $0 | $0 |
| MICHAEL WALKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROBERT C ENLOW | PRESIDENT & CEO Trustee or director, Officer | 45 | $383,904 | $31,912 |
| LESLIE HINER | VICE PRESIDENT- LEGAL AFFAIRS Highest-paid employee | 40 | $203,398 | $11,194 |
| PAUL DIPERNA | V.P. OF RESEARCH & INNOVATION Highest-paid employee | 40 | $180,262 | $28,338 |
| BRIAN MCGRATH | V.P. OF EXTERNAL RELATIONS Highest-paid employee | 40 | $180,246 | $28,337 |
| CAREY E FOLCO | VICE PRESIDENT OF OPERATIONS Officer | 40 | $184,783 | $20,008 |
| STEVEN HOLWERDA | VICE PRESIDENT OF DEVELOPMENT Key employee | 40 | $170,504 | $17,758 |
| MARTIN LUEKEN | DIRECTOR OF FISCAL RESEARCH Highest-paid employee | 40 | $154,289 | $25,842 |
| DREW CATT | V.P. OF TRAINING Highest-paid employee | 40 | $142,979 | $33,789 |
| VIRGINIA WALDEN-FORD | DIRECTOR Trustee or director | 1 | $3,500 | $0 |
| DEVIN ANDERSON | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| FRED S KLIPSCH | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| J SCOTT ENRIGHT | VICE CHAIRMAN & SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| DAVID D FRIEDMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FRED REAMS | DIRECTOR Trustee or director | 3 | $0 | $0 |
| MICHAEL WALKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLIAM J HUME | DIRECTOR (END 1/23/23) Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 111 MONUMENT CIR STE 2650, INDIANAPOLIS, IN 46204-5102
- In care of
- % CAREY E FOLCO
- Principal officer (990 for 2025)
- Robert C Enlow, 111 Monument Circle Suite 2650, Indianapolis, IN 46204
- Signed the 990
- Robert C Enlow, President/CEO
- Phone
- (317) 681-0745
- Website
- WWW.EDCHOICE.ORG
- Return prepared by
- Forvis Mazars LLP
Mission
EDCHOICE, INC. IS DEDICATED TO ADVANCING FULL AND UNENCUMBERED EDUCATIONAL CHOICE AS THE BEST PATHWAY TO SUCCESSFUL LIVES AND A STRONGER SOCIETY.
Program accomplishments
- 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.Expenses $3,059,002 · grants $650,000 · revenue $11,000
- 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.Expenses $2,924,778 · grants $82,500 · revenue $200,750
- 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.Expenses $2,846,821 · grants $95,000 · revenue $34,000
- 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.Expenses $1,003,224 · revenue $7,305
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 35-1978359
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $20,004,656
- Income (IRS master file)
- $23,051,527
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $11,677,108 | $11,288,869 | $20,004,656 | IRS |
| 990-T | December 2025 | – | – | – | IRS |
| 990 | December 2024 | $11,715,259 | $12,946,930 | $18,404,425 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $10,637,137 | $12,995,333 | $20,478,286 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $14,301,333 | $10,969,512 | $21,484,135 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 35-1978359).
Questions about EDCHOICE INC
- What is the EIN of EDCHOICE INC?
- The employer identification number (EIN) of EDCHOICE INC is 35-1978359.
- Is EDCHOICE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to EDCHOICE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EDCHOICE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of EDCHOICE INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did EDCHOICE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of EDCHOICE INC?
- The 990 for the year ended December 31, 2025 names Robert C Enlow.
- Who are the officers and directors of EDCHOICE INC?
- The 990 for the year ended December 31, 2025 lists 16 people; 9 received compensation from the organization, the highest $407,301 (ROBERT C ENLOW, PRESIDENT & CEO).
- How much revenue does EDCHOICE INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $11,677,108, expenses of $11,288,869 and total assets of $20,004,656 at year end.
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