Education (B123) IRS Verified DX Registered 990 on File

FOLSOM CORDOVA EDUCATION FOUNDATION

EIN: 27-0909900 · RNCHO CORDOVA, CA 95742-6407 · United States · FY 2023 Data

3 out of 5 54 / 100 Based on one year of filings

Financial strength (30%) 85/100

Reliability (20%) 50/100

Effectiveness (25%) 73/100

Impact (25%) No data yet

Financial data: FY 2023 · Scored 9/13/2026

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Mission Statement

The Folsom Cordova Education Foundation (FCEF) is a tax exempt, non-profit, 501 (c) (3) organization that exists to support and sustain high quality educational and supplemental programs for the Folsom Cordova Unified School District (FCUSD).? Through productive partnerships and financial support from businesses, private donors, and the community, FCEF supports programs that align with our district's goals and priorities. FCEF funding prioirities include programs that promote: Literacy and Reading, STEAM (Science, Technology, Engineering, Arts and Mathematics), College and Career Readiness, and Parent and Community involvement in our schools. ?

Financial Overview — FY 2023

$357

Total Revenue

$17K

Total Expenses

$12K

Net Assets

N/A

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 88.9%

Fundraising Efficiency N/A

Operating Reserve 8.65x

Liability-to-Asset N/A

Revenue Diversification 100.0%

Compared with Peers

FY 2023

Compared with 26,496 similar organizations (United States, Education, under $100K in expenses), FY 2023.

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	88.9%	87.2%	P10P90	Above median
Operating reserve Months of expenses covered by net assets · higher is better	8.7 mo	23.4 mo	P10P90	Below median
Revenue concentration Share of revenue from the largest source · lower is better	100.0%	88.3%	P10P90	Bottom quarter
Revenue growth Year over year revenue growth	-99.4%	2.3%	P10P90
Expense growth Year over year expense growth	-41.2%	2.7%	P10P90
Surplus margin Surplus as a share of revenue	-4681.0%	10.2%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2023	$357	$17K	$12K	88.9%	—
2022	$57K	$29K	N/A	—	1
2021	$20K	$13K	N/A	—	1

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Organization Details

EIN: 27-0909900
State: CA
City: RNCHO CORDOVA
ZIP: 95742-6407
Classification: B123
Category: Education
Rating: 3★
Coverage: B
Last Updated: Aug 2026
IRS Ruling Year: 2011
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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