Nonprofit screen
Screen a listThe Freedom Fund
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
- Registered
- Charity type
- 509(a)(1)
$20Mrevenue
FY2024 · −62% in 3 yrs10staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−15.7%
Months of reserve3.0mo
Revenue growth (annualized)+3.5%
Middle half of peersMedianFreedom
Where the money goes FY2024 · $23M spent
Programs$18M77%Management and general$2.7M12%Fundraising$2.5M11%990 FY2024 · Part IX line 25
Worth checking2
A funder worth 12% of revenue stopped after FY2020
Cassiopeia Foundation Inc gave $2.3M in FY2020, 12% of revenue that year.
Funders’ 990-PF grant listsDeficits in 3 of the last 3 years
−$6.1M in FY2022, −$5.8M in FY2023 and −$3.1M in FY2024. Cash covers 3.0 months, under the peer median of 4.2.
990 Part I and balance sheetIn its favor2
Strong governance
7 of 7 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIA history of government grants
Government grants on 5 of its 6 returns, 23% of revenue in FY2024.
990 Part VIII31funders
$13Ma year, last 3 years
87%from its largest funder
Funder’17’18’19’20’21’22’23Humanity UnitedEvery year since FY2017$2.5M$90k$855k$1.2M$714k$500k$855kCassiopeia Foundation IncOn and off$2.3MHumanity United ActionOn and off$400kPegasus Liberty FoundationOn and off$281kDunn Family Charitable FoundationSince FY2020$40k$55k$120k$60kInnovations for Poverty Action a Nonprofit CorporationSince FY2022$48k$170kDonor-advised giftsDonors not disclosed$1.5M$275k$560k$35M$528k$1.1M12 other fundersUp to $59k a year each$18k$21k$1k$75k$119k$103k$25k
FundedThrough a donor-advised fund