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Nonprofit · EIN 59-2468114

THE EDUCATION FUND INC

Tax-exempt · MIAMI LAKES, FL 33014

Financials

$6.8M$5.7M2022$6.4M$6.7M2023$6.6M$6.6M2024
Revenue Expenses · by fiscal year end
Financials of THE EDUCATION FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$6,620,440$6,582,700$37,740$7,319,994$564,015$6,755,979
June 30, 2024990$6,428,446$6,709,864-$281,418$7,238,039$535,948$6,702,091
June 30, 2023990$6,759,180$5,730,555$1,028,625$7,376,084$445,958$6,930,126
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$6,395,242
of which government grants
$1,059,780
Program service revenue
$0
Investment income
$145,528
Net income from fundraising events
$78,737
Other revenue
$79,670

Expenses

Grants and similar amounts paid
$3,629,313
Compensation of officers, directors and key employees
$267,500
Other salaries and wages
$1,196,667
Salaries, compensation and benefits (total)
$1,819,460
Professional fundraising fees
$0
Accounting fees
$24,944
Occupancy
$89,176
Travel
$16,483
Depreciation
$949
Program services (functional)
$6,148,285
Management and general (functional)
$198,270
Fundraising (functional)
$236,145

Balance sheet and other

Total assets, start of year
$7,238,039
Total assets, end of year
$7,319,994
Total liabilities, end of year
$564,015
Net assets, end of year
$6,755,979
Land, buildings and equipment
$1,051
Publicly traded securities
$236,563
Net assets without donor restrictions
$1,184,277
Net assets with donor restrictions
$5,571,702
Gross receipts
$6,676,046
Employees
16
Volunteers
450
Year formed
1984
State of legal domicile
FL

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
LINDA LECHTPRESIDENT
Key employee
80$214,500$30,000
MARIANNE PINKV.P. OF PROG
Highest-paid employee
80$109,945$21,149
MARILEN MARNETDIR. OF SPON
Highest-paid employee
80$104,802$16,798
PABLO J PINOCHAIR
Trustee or director, Officer
2$0$0
ERNEST P MODOCK JRVICE CHAIR
Trustee or director, Officer
2$0$0
JACKIE MARTINEZ SANCHOSECRETARY
Trustee or director, Officer
2$0$0
NICK TOOTLETREASURER
Trustee or director, Officer
2$0$0
HECTOR J PONTEIMMEDIATE PA
Trustee or director, Officer
1$0$0
MELISSA ABRIL-DOTELDIRECTOR
Trustee or director
1$0$0
ROLANDO AEDODIRECTOR
Trustee or director
1$0$0
BETH BAILEYDIRECTOR
Trustee or director
1$0$0
VICTOR R BENITEZDIRECTOR
Trustee or director
1$0$0
MARY BLANCODIRECTOR
Trustee or director
1$0$0
JEANELLE BOSCANDIRECTOR
Trustee or director
1$0$0
JENNIFER STEARNS BUTTRICKDIRECTOR
Trustee or director
1$0$0
14 more people on this return
NameTitleHours / weekCompensation
GARFIELD DEBARROSDIRECTOR
Trustee or director
1$0
DR JOSE L DOTRESDIRECTOR
Trustee or director
1$0
YASMINE GAHEDDIRECTOR
Trustee or director
1$0
MARIELI GARCIADIRECTOR
Trustee or director
1$0
MINDY GRIMES-FESTGEDIRECTOR
Trustee or director
1$0
ROLAND HARTLEY-URQUHARTDIRECTOR
Trustee or director
1$0
JOSE MALLEADIRECTOR
Trustee or director
1$0
JASON MIZRACHIDIRECTOR
Trustee or director
1$0
MABEL MORRISONDIRECTOR
Trustee or director
1$0
CHANTAL G OSBORNEDIRECTOR
Trustee or director
1$0
LILLIAN M PETERSDIRECTOR
Trustee or director
1$0
ROSA PRIETODIRECTOR
Trustee or director
1$0
DAISY B RODRIGUEZDIRECTOR
Trustee or director
1$0
RANDI WOLFSONDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 30 people
NameTitleHours / weekCompensationOther / benefits
LINDA LECHTPRESIDENT
Key employee
50$200,996$29,761
MARIANNE PINKV.P. OF PROG
Highest-paid employee
50$125,979$4,994
MARILEN MARNETDIR. OF SPON
Highest-paid employee
–$108,796$10,592
PABLO J PINOCHAIR
Trustee or director, Officer
2$0$0
ERNEST P MODOCK JRVICE CHAIR
Trustee or director, Officer
2$0$0
JACKIE MARTINEZSANCHOSECRETARY
Trustee or director, Officer
2$0$0
NICK TOOTLETREASURER
Trustee or director, Officer
2$0$0
HECTOR J PONTEIMMEDIATE PA
Trustee or director, Officer
1$0$0
ROLANDO AEDODIRECTOR
Trustee or director
1$0$0
BETH BAILEYDIRECTOR
Trustee or director
1$0$0
VICTOR R BENITEZDIRECTOR
Trustee or director
1$0$0
JEANELLE BOSCANDIRECTOR
Trustee or director
1$0$0
JENNIFER STEARNS BUTTRICKDIRECTOR
Trustee or director
1$0$0
DON CLERVEAUXDIRECTOR
Trustee or director
1$0$0
GARFIELD DEBARROSDIRECTOR
Trustee or director
1$0$0
DR JOSE L DOTRESDIRECTOR
Trustee or director
1$0$0
YASMINE GAHEDDIRECTOR
Trustee or director
1$0$0
MARIELI GARCIADIRECTOR
Trustee or director
1$0$0
MINDY GRIMES-FESTGEDIRECTOR
Trustee or director
1$0$0
JOSE MALLEADIRECTOR
Trustee or director
1$0$0
DANNY MARKSDIRECTOR
Trustee or director
1$0$0
JASON MIZRACHIDIRECTOR
Trustee or director
1$0$0
MABEL MORRISONDIRECTOR
Trustee or director
1$0$0
LEONARDO MOURIODIRECTOR
Trustee or director
1$0$0
LILLIAN M PETERSDIRECTOR
Trustee or director
1$0$0
RACHEL PINZURDIRECTOR
Trustee or director
1$0$0
ROSA PRIETODIRECTOR
Trustee or director
1$0$0
DAISY B RODRIGUEZDIRECTOR
Trustee or director
1$0$0
RACHEL SAPOZNIKDIRECTOR
Trustee or director
1$0$0
RANDI WOLFSONDIRECTOR
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 30 people
NameTitleHours / weekCompensationOther / benefits
LINDA LECHTPRESIDENT
Key employee
50$176,973$18,098
MARIANNE PINKV.P. OF PROGRAMS
Highest-paid employee
50$103,331$9,153
PABLO J PINOCHAIR
Trustee or director, Officer
2$0$0
ERNEST P MODOCK JRVICE CHAIR
Trustee or director, Officer
2$0$0
JACKIE MARTINEZ-SANCHOSECRETARY
Trustee or director, Officer
2$0$0
NICK TOOTLETREASURER
Trustee or director, Officer
2$0$0
RANDI WOLFSONDIRECTOR
Trustee or director
1$0$0
HECTOR J PONTEIMMEDIATE PAST CHAIR
Trustee or director, Officer
2$0$0
ROLANDO AEDODIRECTOR
Trustee or director
1$0$0
BETH BAILEYDIRECTOR
Trustee or director
1$0$0
VICTOR BENITEZDIRECTOR
Trustee or director
1$0$0
JEANELLE BOSCANDIRECTOR
Trustee or director
1$0$0
JENNIFER STEARNSDIRECTOR
Trustee or director
1$0$0
DON CLERVEAUXDIRECTOR
Trustee or director
1$0$0
MONICA COLUCCIDIRECTOR
Trustee or director
1$0$0
GARFIELD DEBARROSDIRECTOR
Trustee or director
1$0$0
JOSE DOTRESDIRECTOR
Trustee or director
1$0$0
JASMINE GAHEDDIRECTOR
Trustee or director
1$0$0
MARIELI GARCIADIRECTOR
Trustee or director
1$0$0
MINDY GRIMES-FESTGEDIRECTOR
Trustee or director
1$0$0
JOSE MALLEADIRECTOR
Trustee or director
1$0$0
DANNY MARKSDIRECTOR
Trustee or director
1$0$0
JASON MIZRACHIDIRECTOR
Trustee or director
1$0$0
MABEL MORRISONDIRECTOR
Trustee or director
1$0$0
LEONARDO MURINODIRECTOR
Trustee or director
1$0$0
LILLIAN PETERSDIRECTOR
Trustee or director
1$0$0
RACHEL PINZURDIRECTOR
Trustee or director
1$0$0
ROSA PRIETODIRECTOR
Trustee or director
1$0$0
DAISY RODRIGUEZDIRECTOR
Trustee or director
1$0$0
RACHEL SAPOZNIKDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
6713 MAIN ST STE 240, MIAMI LAKES, FL 33014-8009
In care of
% LINDA LECHT
Principal officer (990 for 2024)
LINDA LECHT, 6713 MAIN STREET 240, MIAMI LAKES, FL 33014
Signed the 990
LINDA LECHT, PRESIDENT
Phone
(305) 558-4544
Return prepared by
GARCIA SANTA MARIA DE ARMAS TRUJILLO

Mission

TO RAISE FUNDS AND PROVIDE SERVICES TO IMPROVE THE QUALITY OF EDUCATION IN MIAMI-DADE COUNTY PUBLICSCHOOLS. THE FUND OPERATES THE FOLLOWING PROGRAMS TO ACHIEVE ITS MISSIONS:

990 for the year ended June 30, 2025

Program accomplishments

  • TO RAISE FUNDS AND PROVIDE SERVICES TO IMPROVE THE QUALITY OF EDUCATION IN MIAMIDADE COUNTY PUBLIC SCHOOLS. THE FUND OPERATES THE FOLLOWING PROGRAMS TO ACHIEVE ITS MISSIONS: IDEAS WITH IMPACT 623,757, OCEAN BANK CENTER FOR EDUCATIONAL MATERIALS 3,940,525, TEACH RETENTION/TEACHATHON 235,073, FOOD FOREST FOR SCHOOLS 1,152,155, SMART PATH 196,775 AND TOTAL WAS 6,148,285.
    Expenses $6,148,285 · grants $3,629,313

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

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
59-2468114
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
1985
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B112)
Assets (IRS master file)
$7,319,994
Income (IRS master file)
$6,676,046

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$6,620,440$6,582,700$7,319,994IRS
990June 2024$6,428,446$6,709,864$7,238,039IRS
990June 2023$6,759,180$5,730,555$7,376,084XML
990June 2022$5,874,240$4,562,983$6,148,944IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 59-2468114).

Questions about THE EDUCATION FUND INC

What is the EIN of THE EDUCATION FUND INC?
The employer identification number (EIN) of THE EDUCATION FUND INC is 59-2468114.
Is THE EDUCATION FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
Are donations to THE EDUCATION FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE EDUCATION FUND 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 THE EDUCATION FUND INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE EDUCATION FUND INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of THE EDUCATION FUND INC?
The 990 for the year ended June 30, 2025 names LINDA LECHT.
Who are the officers and directors of THE EDUCATION FUND INC?
The 990 for the year ended June 30, 2025 lists 29 people; 3 received compensation from the organization, the highest $214,500 (LINDA LECHT, PRESIDENT).
How much revenue does THE EDUCATION FUND INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $6,620,440, expenses of $6,582,700 and total assets of $7,319,994 at year end.

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