Nonprofit screen
Screen a listFreedom Readers Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$242krevenue
FY2024 · −21% in 3 yrs8staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−11.6%
Months of reserve10.2mo
Revenue growth (annualized)+10.8%
Middle half of peersMedianFreedom Readers
Where the money goes FY2024 · $270k spent
Programs$196k73%Management and general$73k27%Fundraising$7030%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$48k in FY2023 and −$28k in FY2024. Cash covers 10.2 months, above the peer median of 6.7.
990 Part I and balance sheetIn its favor1
Growing faster than peers
Revenue up 11% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohort22funders
$122ka year, last 3 years
21%from its largest funder
Funder’17’18’19’20’21’22’23United Way of Horry County IncEvery year since FY2017$20k$20k$20k$20k$15k$32k$23kThe J H Walker Legacy FoundationSince FY2021$25k$25k$25kDominion Energy Charitable FoundationStopped after FY2022$5k$8k$10k–International Paper Company FoundationStopped after FY2022$8k$8k$3k–Champions for LiteracySince FY2022$11k$6kThe K FoundationOn and off$13kDonor-advised giftsDonors not disclosed$28k$34k$31k$52k$65k$58k$41k9 other fundersUp to $34k a year each$300$34k$200$14k$575$10k$543
FundedThrough a donor-advised fundStopped