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Arizona · Nonprofit

ARIZONA FREE ENTERPRISE CLUB

ARIZONA FREE ENTERPRISE CLUB (Arizona) receives grants from 9 organizations whose IRS filings report $445,000 to it, the largest being AMERICANS FOR PROSPERITY ($110,000). 2 of them have funded it in more than one year.

Revenue FY2024
$2.6M
Funders on record
9
Grants received
$445k
Net assets
$290k
2/9 repeat funderspeak grant-dependency 2%
01What it does

What Arizona Free Enterprise Club does

Mission

The Mission of the Organization is to advance policies that promote economic freedom and a strong and vibrant Arizona economy.

As stated on its FY2024 Form 990.

Programs

  1. The organization was active in supporting and opposing several ballot initiatives. The organization worked to defeat the passage of Proposition 140, which would have established ranked choice voting and jungle primaries in Arizona. The organization supported measures that reformed Arizonas ballot initiative process. The organization opposed a minimum wage ballot measure in the city of Glendale. The organization also distributed ballot measure voting guides, providing recommendations on nearly a dozen different propositions that were on the ballot.

    $1,249,505 spentof which $100,000 as grants
    53% of program spending
  2. The organization was active at the legislature on several proposed ballot measures, including measures that would allow the state to conduct its own census to exclude non-US citizens from being counted, prohibit any governmental entity from enacting a vehicle mileage tax, and prohibit the use of diversity, equity and inclusion programs at all public universities. The organization supported efforts to eliminate unconstitutional corporate subsidies and opposed efforts to create new taxing districts to benefit private hotels. The organization also worked against net zero energy policies and promoted the development of baseload power sources.

    $634,166 spent
    27% of program spending
  3. The organization launched a Dont CA my AZ education campaign, which provided information to citizens throughout Arizona about the dangers of California policies being implemented in Arizona. The organization grew its grassroots operations to 15,000 activists from around the state. The organization hosted several video calls, meetings, events, lunches and a day at the legislature to educate voters on issues and provide assistance to engage their lawmakers at the legislature. The organization hosted a legislative kickoff event and hosted the Keep AZ Free Summit to promote citizen engagement and activism in Arizona. The organization engaged at the Corporation Commission, urging for the adoption of reforms to eliminate ESG and to eliminate the climate commitments adopted by Arizonas public utilities.

    $493,736 spent
    21% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,377,407.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20192019 Revenue 100 ($778k) Expenses 100 ($688k) Net assets 100 ($233k)2020 Revenue 196 ($1.5M) Expenses 233 ($1.6M) Net assets 68 ($158k)2021 Revenue 148 ($1.2M) Expenses 157 ($1.1M) Net assets 100 ($232k)2022 Revenue 437 ($3.4M) Expenses 491 ($3.4M) Net assets 111 ($258k)2023 Revenue 141 ($1.1M) Expenses 153 ($1.1M) Net assets 131 ($304k)2024 Revenue 329 ($2.6M) Expenses 374 ($2.6M) Net assets 125 ($290k)
201920202021202220232024
Revenue (329)Expenses (374)Net assets (125)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $165k to $252k (+52%).

$237k
$165k
$252k
$272k
$318k
$312k
201920202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

99% of ARIZONA FREE ENTERPRISE CLUB’s revenue is contributions — more reliant on donations than three-quarters of its peers (88% for the typical peer).

This organization
Typical peer · 1,090 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 6 reported years ran a deficit.

$90k
’19
−$75k
’20
$74k
’21
$26k
’22
$46k
’23
−$14k
’24
1.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

201920202021202220232024
Listed222222
Joined······
No longer listed······
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $130k → $20k.

Funder
'17
'20
'22
'23
'24*
'25*
total
$110k
The Concord Fundunclassified
$90k
Better Tomorrowunclassified
$25k
funders
2
2
2
1
3
1

From the IRS filings of ARIZONA FREE ENTERPRISE CLUB’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

ARIZONA FREE ENTERPRISE CLUB has a broad base — no single funder exceeds 25% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ARIZONA FREE ENTERPRISE CLUB.

25%
largest funder
62%
top three
~6
effective funders

Largest funder’s share by year: 2017 85% · 2020 100% · 2022 71% · 2023 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

0% of ARIZONA FREE ENTERPRISE CLUB's funders are still giving 1 year after their first grant; 22% give in more than one year at all.

first grant+1y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

ARIZONA FREE ENTERPRISE CLUB draws 98% of its grant income from funders outside Arizona, across 5 states in all.

VA
MD
AZ
DC
AL

In-state vs out-of-state, by year

’17
’20
’22
’23
Arizona out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

ARIZONA FREE ENTERPRISE CLUB has grown faster than half of the 1,003 public benefit nonprofits its size.

Operating margin−1% · below the median
Months of reserve1.4mo · bottom quartile
Revenue growth (annualized)27% · above the median

this organization peer median middle 50% of peers· 1,003 public benefit nonprofits $1M–$10M, FY2024

Organizations like ARIZONA FREE ENTERPRISE CLUB

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Arizona

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

92% of spending goes to programs.

Program 92%Management 6%Fundraising 2%

Governance

1
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for ARIZONA FREE ENTERPRISE CLUB: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ARIZONA FREE ENTERPRISE CLUB?
ARIZONA FREE ENTERPRISE CLUB (Arizona) receives grants from 9 organizations whose IRS filings report $445,000 to it, the largest being AMERICANS FOR PROSPERITY ($110,000). 2 of them have funded it in more than one year.
How many funders does ARIZONA FREE ENTERPRISE CLUB have?
IRS filings report 9 organizations giving $445,000 in grants to ARIZONA FREE ENTERPRISE CLUB, 2 of which have funded it in more than one year.
Who is the largest funder of ARIZONA FREE ENTERPRISE CLUB?
AMERICANS FOR PROSPERITY is the largest funder on record, with $110,000 in grants. The full list of funders is on this page.
How can an organization like ARIZONA FREE ENTERPRISE CLUB find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Arizona. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 9 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing