Cost Of Freedom Incorporated
EIN: 463773302 · Madison, MS · NTEE: W99
| Metric | Value |
|---|---|
| Total Revenue | $400 |
| Total Expenses | $800 |
| Net Assets | $650 |
Is Cost Of Freedom Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cost Of Freedom Incorporated
Cost Of Freedom Incorporated (EIN: 463773302) is a nonprofit organization based in Madison, MS, classified under NTEE code W99. The organization reported total revenue of $400 and total assets of $651 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cost Of Freedom Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cost Of Freedom Incorporated is a micro nonprofit that has been operating for 12 years, with 4 years of IRS 990 filings on record (2013–2019). Revenue has grown at a compound annual rate of -25.6%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $400 |
| Total Expenses | $800 |
| Surplus / Deficit | $-400 |
| Total Assets | $651 |
| Total Liabilities | $1 |
| Net Assets | $650 |
| Operating Margin | -100.0% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 9.8 months |
Financial Health Grade: B
In 2019, Cost Of Freedom Incorporated reported a deficit of $400 with expenses exceeding revenue, holds 9.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 4 years of filings (2013–2019), Cost Of Freedom Incorporated's revenue has declined at a compound annual growth rate (CAGR) of -25.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -90.1% | -84.6% | -69.9% |
| 2015 | -41.1% | -23.5% | +32.8% |
| 2014 | +192.2% | +755.5% | +4.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cost Of Freedom Incorporated has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cost Of Freedom Incorporated with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $400, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Cost Of Freedom Incorporated
Is Cost Of Freedom Incorporated a legitimate charity?
Cost Of Freedom Incorporated (EIN: 463773302) is a registered tax-exempt nonprofit based in Mississippi. It has 4 years of IRS 990 filings on record. Total revenue: $400. No red flags identified. Financial health grade: B.
How does Cost Of Freedom Incorporated spend its money?
Cost Of Freedom Incorporated reported $400 in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Cost Of Freedom Incorporated tax-deductible?
Cost Of Freedom Incorporated is registered as a tax-exempt nonprofit (EIN: 463773302). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cost Of Freedom Incorporated located?
Cost Of Freedom Incorporated is headquartered in Madison, Mississippi and files with the IRS under EIN 463773302. It is classified under NTEE code W99.
How many years of IRS 990 filings does Cost Of Freedom Incorporated have?
Cost Of Freedom Incorporated has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $400 in total revenue.
Filing History
IRS 990 filing history for Cost Of Freedom Incorporated showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2013–2019), Cost Of Freedom Incorporated's revenue has declined by 83%, moving from $2K to $400. Total assets decreased by 58.2% over the same period, from $2K to $651. Total functional expenses rose by 0.8%, from $794 to $800. In its most recent filing year (2019), Cost Of Freedom Incorporated reported a deficit of $400, with expenses exceeding revenue. The organization holds $1 in liabilities against $651 in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $650.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $400 | $800 | $651 | $1 | — | View 990 |
| 2015 | $4K | $5K | $2K | $1 | — | View 990 |
| 2014 | $7K | $7K | $2K | $0 | — | View 990 |
| 2013 | $2K | $794 | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $400, expenses of $800, and assets of $651 (revenue -90.1% year-over-year).
- 2015: Revenue of $4K, expenses of $5K, and assets of $2K (revenue -41.1% year-over-year).
- 2014: Revenue of $7K, expenses of $7K, and assets of $2K (revenue +192.2% year-over-year).
- 2013: Revenue of $2K, expenses of $794, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cost Of Freedom Incorporated:
Data Sources and Methodology
This transparency report for Cost Of Freedom Incorporated is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.