Davids Educational Opportunity Fund Inc
Nonprofit profile at a glance
- EIN
- 453092047
- IRS 990-EZ coverage
- 2021–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2014
- Location
- Madison, WI, USA
- Phone
- 6084222270
- Rating
- 49
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- International Relief
Reported finances
- Revenue
- $118,871
- Expenses
- $122,207
- Assets
- $33,932
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- Margaret Felker (President)
- Rachel Byrd Felker (Vice President)
People named in this filing
- Margaret Felker (President)
- Rachel Byrd Felker (Vice President)
- Michael Byrd (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
David's Educational Opportunity Fund provides financial, educational, and mental and physical health support to a select number of students from poor families who live in Quito, Ecuador, as they pursue higher education.
What it reported doing in 2025
From January 1, 2025, to March 31, 2025, David's Educational Opportunity Fund offered grants directly to the students it supports. The grants included payments to 18 students studying in universities in Quito, Ecuador. They all come from families that lack the economic resources to support them in higher education. Our support is comprehensive, including mental health counseling, medical and necessary dental expenses, computers, and internet service. On average, we need between $5,000 and $6,000 to support one student annually. Since our official beginning in 2012, we have supported 49 students, and we now have 30 graduates. In that period, we have lost only five students. Our success rate is thus nearly 90%. We believe that our success is based on our commitment to comprehensive, consistent, and individualized work with our students. We have graduates in many fields, including Education, Law, Engineering, Computer Science, Fashion Design, International Business, Veterinary Science, Accounting, Finance, and Optometry. We currently have students in the areas of Architecture, Medicine, Nursing, Social Work, Mechanical Engineering, Psychology, Gastronomy, and Accounting. We work with allies in the Ecuadorian business community who support our students with internships and jobs. With the development of David's Educational Opportunity Fund-Ecuador in 2025, services can be offered immediately and efficiently, and ties with the educational and business communities in Ecuador are being extended and strengthened.
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 7
- Transparency & Controls: 100
- Sustainability: 34
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 7.2%; rating input score 7
- Program expense ratio: 7%; rating input score 7
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -2.8%; rating input score 23; 23rd percentile among comparable filings
- Total-asset coverage ratio: 0.28; rating input score 25; 25th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 3.3% per year; rating input score 100; 39th percentile among comparable filings
- Revenue growth: 13% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: -0.4% per year; rating input score 0; 25th percentile among comparable filings
Details
- Where the money goes: 7.2% of revenue deployed · 7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $9K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2021 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 7/100.
- High — Financial Efficiency: Program expense ratio scored 7/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Sustainability: Operating margin scored 23/100.
- High — Sustainability: Total-asset coverage ratio scored 25/100.
- High — Growth: Asset growth scored 0/100.