Facts Education Fund

Nonprofit profile at a glance

EIN
752971264
IRS 990 coverage
2024–2025
Forms available
Form 990 2025, Form 990-EZ 2023, Form 990-N 2013
Location
Los Angeles, CA, USA
Phone
3239207124
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Housing Support

Official website

Reported finances

Revenue
$222,393
Expenses
$224,327
Assets
$101,760
Liabilities
$1,404

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • CHRISTOPHER CALHOUN (PRESIDENT)

Highest reported compensation

  • GERI SILVA (SECRETARY/ T): $58,420 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Prison reform.

What it reported doing in 2025

Fair chance project runs five sub-projects, they are: 1) life changers - a reentry program for formerly incarcerated men and women. 2) fuel - a project which develops leadership from among family members and loved ones of people serving a sentence of life wihout the possibility of parole. The group works with mena and women inside helpin to develop programs for a population for whom there are few programs. 3) care first community investment (cfci)-this program serves incarcerated and formerly incarcerated partificpants in la county. The goal is to teach introductory courses inside the county's correctional facilities and enroll this population in a program that provides academic, life skills, and career development training. 4) legal clinics - we conduct 2 legal clinics a month where issues related to laws and the courts are topis of discussion, including expungements. We also make court appearances on behalf of folk who need the support and a level of experience which can aid in the outcome of the case. 5) walking the yard is a mentorship program within prison where old-time lifers are matched with youth entering prison with the focus on how best to avoid the pitfalls of prison life. To date, we've had over 2,000 mentors in all 24 prisons.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 90
  • Accountability: 56
  • Sustainability: 28
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75.7%; rating input score 76
  • Program expense ratio: 75.1%; rating input score 75
  • Fundraising efficiency: $12.76 raised per $1 spent on fundraising; rating input score 44; 44th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 87.5%; rating input score 88; 26th percentile among comparable filings
  • Governance controls: 1 of 8 controls in place; rating input score 12
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -0.9%; rating input score 33; 33rd percentile among comparable filings
  • Total-asset coverage ratio: 0.45; rating input score 23; 23rd percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 37; 37th percentile among comparable filings
  • Officer compensation ratio: 26%; rating input score 13; 13th percentile among comparable filings

Growth

  • Program expense growth: -9.9% per year; rating input score 0; 11th percentile among comparable filings
  • Revenue growth: 27.7% per year; rating input score 100; 91st percentile among comparable filings
  • Asset growth: 12.3% per year; rating input score 100; 69th percentile among comparable filings

Details

  • Where the money goes: 75.7% of revenue deployed · 75.1% of spending went to programs
  • Governance: 7 of 8 board members independent · 1 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $168K in reported program spending
  • Leadership: top reported pay $58K · 8 people listed
  • Consistency: 22 of 22 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 — Accountability: Governance controls: 6 of 7 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 44/100.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 33/100.
  • High — Sustainability: Total-asset coverage ratio scored 23/100.
  • High — Sustainability: Officer compensation ratio scored 13/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 37/100.