Explore Freedom Services Inc
Explore Freedom Services Inc shows consistent revenue growth and strong program spending with no reported officer compensation.
EIN: 20772791 · Van Nuys, CA · NTEE: P70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.5M |
| Total Expenses | $8.2M |
| Program Spending | 88% |
| CEO/Top Officer Pay | $9.5 |
| Net Assets | $7.7M |
| Transparency Score | 92/100 |
Search Intent Cockpit
Explore Freedom Services Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Explore Freedom Services Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Explore Freedom Services Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $9.5M and expenses of $8.2M.
Revenue and Expenses
Explore Freedom Services Inc reported $9.5M in revenue and $8.2M in expenses, a surplus of $1.2M.
Executive Compensation
Top officer compensation appears as $9.5 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
92/100 mission score, 2 red flags, and 5 strengths are shown from structured and AI review.
Is Explore Freedom Services Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $7.3M (88%) |
Across stored filings, Explore Freedom Services Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 88% to programs | Excellent |
| Financial durability | Grade A | 13 stored filing years |
| Peer context | Compare with Butte County Fire Safe Council | California and Human Services context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Van Nuys, CA nonprofitsHuman Services in California
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Keep the Investigation Moving
Explore Freedom Services Inc directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Explore Freedom Services Inc
Explore Freedom Services Inc (EIN: 20772791) is a nonprofit organization based in Van Nuys, CA, classified under NTEE code P70. The organization reported total revenue of $9.5M and total assets of $8.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Explore Freedom Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Explore Freedom Services Inc is a mid-size nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.5M |
| Total Expenses | $8.2M |
| Surplus / Deficit | +$1.2M |
| Total Assets | $7.8M |
| Total Liabilities | $11K |
| Net Assets | $7.7M |
| Operating Margin | 13.0% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 11.3 months |
Financial Health Grade: A
In 2023, Explore Freedom Services Inc reported a surplus of $1.2M with revenue exceeding expenses, holds 11.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Explore Freedom Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.7% | +0.8% | +18.9% |
| 2022 | +16.1% | +18.0% | +13.8% |
| 2021 | +1.8% | +4.6% | +16.2% |
| 2020 | +9.1% | +8.7% | +24.4% |
| 2019 | +3.1% | +4.2% | +27.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Explore Freedom Services Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 88%
- fundraising: 5%
According to IRS 990 filings, Explore Freedom Services Inc allocates its expenses as follows: admin: 7%, programs: 88%, fundraising: 5%. With 88% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Explore Freedom Services Inc consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly unusual for an organization of its size with nearly $9.5 million in annual revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Explore Freedom Services Inc's IRS 990 filings:
- Unusually low liabilities in earlier years ($0 from 2017-2019) followed by a sudden increase to $10,823 in 2023, warranting further investigation into their nature.
- Consistent 0% officer compensation for an organization with nearly $9.5 million in revenue is highly unusual and could indicate compensation is reported in other categories or that the leadership is entirely volunteer, which might raise questions about sustainability or reporting practices.
Strengths
The following positive indicators were identified for Explore Freedom Services Inc:
- Consistent and significant revenue growth, from $3.05M in 2014 to $9.47M in 2023.
- Strong program spending ratio, estimated at 88% of total expenses, indicating efficient use of funds for its mission.
- Healthy asset growth, from $506,877 in 2014 to $7,755,630 in 2023, providing financial stability.
- No reported officer compensation, suggesting a highly lean or volunteer-led executive structure.
- Positive net income (Revenue > Expenses) in most reported years, contributing to asset accumulation.
Frequently Asked Questions about Explore Freedom Services Inc
Is Explore Freedom Services Inc a legitimate charity?
Explore Freedom Services Inc (EIN: 20772791) is a registered tax-exempt nonprofit based in California. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $9.5M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Explore Freedom Services Inc spend its money?
Explore Freedom Services Inc directs 88% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Explore Freedom Services Inc tax-deductible?
Explore Freedom Services Inc is registered as a tax-exempt nonprofit (EIN: 20772791). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Explore Freedom Services Inc CEO make?
Explore Freedom Services Inc's highest-compensated officer earns $9.5 annually. The organization reported $9.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Explore Freedom Services Inc's spending goes to programs?
Explore Freedom Services Inc directs 88% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Explore Freedom Services Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Explore Freedom Services Inc is above average for NTEE category P70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Explore Freedom Services Inc located?
Explore Freedom Services Inc is headquartered in Van Nuys, California and files with the IRS under EIN 20772791. It is classified under NTEE code P70.
How many years of IRS 990 filings does Explore Freedom Services Inc have?
Explore Freedom Services Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $9.5M in total revenue.
Is Explore Freedom Services Inc a good charity?
Based on the provided data, Explore Freedom Services Inc appears to be a good charity, demonstrating strong financial health, consistent revenue growth, and a high percentage of spending directed towards program services (estimated 88%). The absence of reported officer compensation is also a positive indicator of resource allocation.
What is the trend in the organization's financial growth?
Explore Freedom Services Inc has shown consistent and significant financial growth, with revenue increasing from $3,053,511 in 2014 to $9,476,350 in 2023, and assets growing from $506,877 to $7,755,630 over the same period.
How does Explore Freedom Services Inc manage executive compensation?
The organization consistently reports 0% officer compensation in all available IRS 990 filings, suggesting that executive leadership is either unpaid or compensated through other means not categorized as officer compensation.
What are the organization's liabilities and how have they changed?
Liabilities have increased from $0 in 2019 to $10,823 in 2023. While this is an increase, the amount remains relatively small compared to the organization's assets and revenue.
Filing History
IRS 990 filing history for Explore Freedom Services Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Explore Freedom Services Inc's revenue has grown by 510.7%, moving from $1.6M to $9.5M. Total assets increased by 3731.3% over the same period, from $202K to $7.8M. Total functional expenses rose by 453.8%, from $1.5M to $8.2M. In its most recent filing year (2023), Explore Freedom Services Inc reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $11K in liabilities against $7.8M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $7.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.5M | $8.2M | $7.8M | $11K | — | — |
| 2022 | $9.0M | $8.2M | $6.5M | $10K | — | View 990 |
| 2021 | $7.7M | $6.9M | $5.7M | $8K | — | View 990 |
| 2020 | $7.6M | $6.6M | $4.9M | $5K | — | View 990 |
| 2019 | $7.0M | $6.1M | $4.0M | $0 | — | View 990 |
| 2018 | $6.7M | $5.9M | $3.1M | $0 | — | View 990 |
| 2017 | $6.5M | $5.6M | $2.2M | $0 | — | View 990 |
| 2016 | $5.2M | $4.6M | $1.3M | $0 | — | View 990 |
| 2015 | $3.3M | $3.1M | $697K | $874 | — | View 990 |
| 2014 | $3.1M | $3.0M | $507K | $803 | — | View 990 |
| 2013 | $2.2M | $2.2M | $410K | $0 | — | View 990 |
| 2012 | $2.1M | $1.9M | $379K | $0 | — | View 990 |
| 2011 | $1.6M | $1.5M | $202K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.5M, expenses of $8.2M, and assets of $7.8M (revenue +5.7% year-over-year).
- 2022: Revenue of $9.0M, expenses of $8.2M, and assets of $6.5M (revenue +16.1% year-over-year).
- 2021: Revenue of $7.7M, expenses of $6.9M, and assets of $5.7M (revenue +1.8% year-over-year).
- 2020: Revenue of $7.6M, expenses of $6.6M, and assets of $4.9M (revenue +9.1% year-over-year).
- 2019: Revenue of $7.0M, expenses of $6.1M, and assets of $4.0M (revenue +3.1% year-over-year).
- 2018: Revenue of $6.7M, expenses of $5.9M, and assets of $3.1M (revenue +3.2% year-over-year).
- 2017: Revenue of $6.5M, expenses of $5.6M, and assets of $2.2M (revenue +25.8% year-over-year).
- 2016: Revenue of $5.2M, expenses of $4.6M, and assets of $1.3M (revenue +55.6% year-over-year).
- 2015: Revenue of $3.3M, expenses of $3.1M, and assets of $697K (revenue +9.4% year-over-year).
- 2014: Revenue of $3.1M, expenses of $3.0M, and assets of $507K (revenue +37.8% year-over-year).
- 2013: Revenue of $2.2M, expenses of $2.2M, and assets of $410K (revenue +7.5% year-over-year).
- 2012: Revenue of $2.1M, expenses of $1.9M, and assets of $379K (revenue +32.9% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.5M, and assets of $202K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Explore Freedom Services Inc:
Data Sources and Methodology
This transparency report for Explore Freedom Services Inc 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.