Colorado · Nonprofit
The Freedom Institute Inc
The Freedom Institute Inc (Colorado) receives grants from 2 organizations whose IRS filings report $825,000 to it, the largest being PUBLIC WELFARE FOUNDATION INC ($800,000). 1 of them have funded it in more than one year.
- Revenue FY2023
- $1.5M
- Funders on record
- 2
- Grants received
- $825k
- Net assets
- $277k
What The Freedom Institute Inc does
Mission
The Freedom Institute exists to break the generational cycle of poverty and incarceration by rebuilding lives, restoring families and revitalizing communities.
As stated on its FY2023 Form 990.
Programs
Western Slope WAGEES Through fostering strong partnerships with the Colorado Dept of Corrections and our community, the Western Slope WAGEEs program provides direct service support to help individuals successfully transition back into society, after incarceration. We are not about our participants past, we are about their future. We believe in and value our participants as worthy partners with lived-experience. And through healthy partnership, we all win. This success is achieved through reentry supportive services, case management, stabilization, mentorship, life skills development, educational and employment goal setting and placement as well as self-actualization, the process by which an individual reaches his or her full potential.
$439,226 spentof which $40,674 as grants31% of program spendingTransitional Housing TFIs Housing Program exists to provide housing support, guidance, resources and hope for participants to avoid destitution and safely transition from incarceration or homelessness. This success is achieved by securing participants with a transitional-home then guiding them to stable housing, with the end goal of home ownership for those who qualify. We provide a healthy environment, where participants engage in a culture of care, responsibility and accountability. They receive guided support to develop the skills necessary to create practical pathways leading them to safe, stable and self-sufficient housing.
$311,329 spentof which $1,692 as grants$122,562 earned by the program22% of program spendingSocial Enterprise Freedom Industries was birthed out of a need to provide participants with training and employment opportunities that would supersede the stigma associated with incarceration. By validating our participants inherit worth and potential, we restore their dignity and offer them a career pathway. This success is achieved through apprenticeships and vocational employment. Freedom Industries partners with local community businesses to hire and train our participants in a specific trade. We develop skills for life stability and create community through teams, while cultivating work ethic and responsibility. It is our goal to to produce healthy, contributing members of society by training and staffing participants in all levels of employement including helping them to launch their own business, when possible.
$331,498 spentof which $1,802 as grants$281,779 earned by the program23% of program spendingProgram Service Expenses 152,902, Grants and allocations 831, Revenue 0 TFI Advocacy Program TFI understands the importance of maximizing the time and opportunity for affecting change. The TFI Advocacy Program was created to educate, develop and engage teams who aim to help the community care about important issues, understand the facts and know exactly how they can help. This success is achieved by a passionate team devoted to and focused on advocacy. Through effective coalition building, we are able to educate, influence and mobilize networks. Our teams are woven into and represent the fabric of our community, invested in and committed to having long-term and sustainable impact. We empower both adults and youth to occupy seats and influence decisions through advocacy, on platforms where resolutions are being made about money and community. Program Service Expenses 150,646, Grants and allocations 64,173, Revenue 0 Mesa County Reentry Program The Mesa County Re-Entry program assists participants in securing stable housing, developing employement skills, accessing mental healthcare, and engaging in pro-social activities. MCRP is an expansion of the services we offer to the parole…
$342,078 spentof which $65,213 as grants24% of program spending
The 4 programs described on its FY2022 Form 990, listed largest first by expense. Program spending in total: $1,424,131.
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $318k to $206k (−35%).
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.
Government-grant reliance: 2023 17%. Grants only. Government contracts and fees sit inside program revenue.
74% of The Freedom Institute Inc’s revenue is contributions — about as donation-reliant as the typical peer (93% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 3 reported years ran a deficit.
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.
Chief executive
Micah Espinoza
President/CEO
As listed on its FY2023 Form 990.
Who funds it, year by year
2022 → 2023: the base held at 1 funder, grant income held at $200k.
From the IRS filings of The Freedom Institute Inc’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
The Freedom Institute Inc leans on a few funders — its largest provides 97% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2022 100% · 2023 100% — broadly stable.
“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.
Where its funders are
The Freedom Institute Inc draws 97% of its grant income from funders outside Colorado, across 2 states in all.
In-state vs out-of-state, by year
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.
Against its field
The Freedom Institute Inc has grown faster than three-quarters of the 1,260 crime & legal nonprofits its size.
this organization peer median middle 50% of peers· 1,260 crime & legal nonprofits $1M–$10M, FY2023
Organizations like The Freedom Institute Inc
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 Colorado
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
98% of spending goes to programs.
Governance
Public support
0%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for The Freedom Institute Inc: 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.
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 The Freedom Institute Inc?
- The Freedom Institute Inc (Colorado) receives grants from 2 organizations whose IRS filings report $825,000 to it, the largest being PUBLIC WELFARE FOUNDATION INC ($800,000). 1 of them have funded it in more than one year.
- How many funders does The Freedom Institute Inc have?
- IRS filings report 2 organizations giving $825,000 in grants to The Freedom Institute Inc, 1 of which have funded it in more than one year.
- Who is the largest funder of The Freedom Institute Inc?
- PUBLIC WELFARE FOUNDATION INC is the largest funder on record, with $800,000 in grants. The full list of funders is on this page.
- How can an organization like The Freedom Institute Inc find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Colorado. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Freedom Institute →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2023 (financials across 2021–2023), and the filings of 2 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