Education
(B11)
990 on File
EXPLORATION FOUNDATION
Financial strength (30%)
83/100
Reliability (20%)
50/100
Effectiveness (25%)
71/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2025
$568K
Total Revenue
$612K
Total Expenses
$2.0M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
86.8%
Fundraising Efficiency
N/A
Operating Reserve
38.25x
Liability-to-Asset
67.3%
Revenue Diversification
80.3%
Compared with Peers
FY 2025
Compared with 11,239 similar organizations
(United States, Education, $100K–$1M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
86.8% | 89.4% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.2% | 7.7% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
3.0% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
38.3 mo | 9.2 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
67.3% | 0.1% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
80.3% | 88.0% |
P10P90
|
Above median |
|
Surplus margin
Surplus as a share of revenue
|
-7.8% | 3.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $568K | $612K | $2.0M | 86.8% | 0 |
| 2023 | $428K | $437K | $2.0M | 96.2% | 0 |
| 2022 | $476K | $431K | $2.0M | 98.0% | 0 |
| 2021 | $608K | $452K | N/A | — | 0 |
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