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Nonprofit · EIN 51-0183347

FOUNDATION FOR TEACHING ECONOMICS

Tax-exempt · DAVIS, CA 95616

Financials

$87K$94K2022$47K$28K2023$106K$117K2024
Revenue Expenses · by fiscal year end
Financials of FOUNDATION FOR TEACHING ECONOMICS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990-EZ$106,400$117,469-$11,069$16,042$195$15,847
August 31, 2024990-EZ$47,479$27,786$19,693$27,112$195$26,917
August 31, 2023990-EZ$87,200$94,492-$7,292$21,042$13,818$7,224
Financial details: 990-EZ for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$103,150
Program service revenue
$3,250

Expenses

Grants and similar amounts paid
$23,649
Compensation of officers, directors and key employees
$0
Occupancy
$93,820
Program services (functional)
$23,649

Balance sheet and other

Total assets, start of year
$27,112
Total assets, end of year
$16,042
Total liabilities, end of year
$195
Net assets, end of year
$15,847
Cash, savings and investments
$8,349
Gross receipts
$106,400

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-EZ for the year ended August 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
ROGER REAMCHAIRMAN1$0
STEPHEN SLATTERYVICE CHAIRMAN1$0
ROBERT CALLAHANSECRETARY/TREASURER1$0
990-EZ for the year ended August 31, 2024: 3 people
NameTitleHours / weekCompensation
ROGER REAMCHAIRMAN1$0
STEPHEN SLATTERYVICE CHAIRMAN1$0
ROBERT CALLAHANSECRETARY/TREASURER1$0
990-EZ for the year ended August 31, 2023: 3 people
NameTitleHours / weekCompensation
ROGER REAMCHAIRMAN1$0
STEVE SLATTERYVICE CHAIR1$0
ROBERT CALLAHANSECRETARY/TREASURER1$0

Address and contacts

Address (IRS master file)
260 RUSSELL BLVD STE B, DAVIS, CA 95616-3839
Signed the 990-EZ
ROGER R REAM, PRESIDENT
Phone
(530) 757-4630
Return prepared by
COHNREZNICK ADVISORY LLC

California records

California keeps its own records of charities and corporations. Search them by EIN 51-0183347 or by the name FOUNDATION FOR TEACHING ECONOMICS.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

THE MISSION OF THE FTE IS TO PROVIDE FUNDING TO INTRODUCE YOUNG INDIVIDUALS, SELECTED FOR THEIR LEADERSHIP POTENTIAL, TO AN ECONOMIC WAY OF THINKING ABOUT NATIONAL AND INTERNATIONAL ISSUES, AND TO PROMOTE EXCELLENCE IN ECONOMIC EDUCATION BY HELPING TEACHERS OF ECONOMICS BECOME MORE EFFECTIVE EDUCATORS.

990-EZ for the year ended August 31, 2025

Program accomplishments

  • FTE MADE GRANTS TO THE FUND FOR AMERICAN STUDIES TO CONDUCT PROGRAMS TEACHING STUDENTS ABOUT ECONOMICS, AND TRAINING TEACHERS IN TEACHING ECONOMICS. PROGRAMS ARE ALL RUN BY RELATED ORGANIZATION THE FUND FOR AMERICAN STUDIES.
    Expenses $23,649 · grants $23,649

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 August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990-EZ on file
2023August 31, 2024January 15, 2025990-EZ on file

IRS record

EIN
51-0183347
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
1976
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$16,042
Income (IRS master file)
$106,400

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZAugust 2025$106,400$117,469$16,042XML
990-EZAugust 2024$47,479$27,786$27,112XML
990-EZAugust 2023$87,200$94,492$21,042XML
990August 2022$145,824$154,443$14,516IRS
990August 2021$29,310$50,275$23,135IRS
990December 2020–––IRS
990December 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 51-0183347).

Questions about FOUNDATION FOR TEACHING ECONOMICS

What is the EIN of FOUNDATION FOR TEACHING ECONOMICS?
The employer identification number (EIN) of FOUNDATION FOR TEACHING ECONOMICS is 51-0183347.
Is FOUNDATION FOR TEACHING ECONOMICS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1976.
Are donations to FOUNDATION FOR TEACHING ECONOMICS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FOUNDATION FOR TEACHING ECONOMICS 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 FOUNDATION FOR TEACHING ECONOMICS due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FOUNDATION FOR TEACHING ECONOMICS last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended August 2025.
Who are the officers and directors of FOUNDATION FOR TEACHING ECONOMICS?
The 990-EZ for the year ended August 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does FOUNDATION FOR TEACHING ECONOMICS have?
On its 990-EZ for the year ended August 31, 2025 it reported revenue of $106,400, expenses of $117,469 and total assets of $16,042 at year end.

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