Finding Freedom Inc
EIN: 823389364 · Bozeman, MT · NTEE: F33
| Metric | Value |
|---|---|
| Total Revenue | $370K |
| Total Expenses | $392K |
| Net Assets | $469K |
Is Finding Freedom Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Finding Freedom Inc
Finding Freedom Inc (EIN: 823389364) is a nonprofit organization based in Bozeman, MT, classified under NTEE code F33. The organization reported total revenue of $370K and total assets of $965K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Finding Freedom Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Finding Freedom Inc is a small nonprofit that has been operating for 8 years, with 2 years of IRS 990 filings on record (2020–2021). Revenue has grown at a compound annual rate of -47.0%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $370K |
| Total Expenses | $392K |
| Surplus / Deficit | $-22,261 |
| Total Assets | $965K |
| Total Liabilities | $496K |
| Net Assets | $469K |
| Operating Margin | -6.0% |
| Debt-to-Asset Ratio | 51.4% |
| Months of Reserves | 29.5 months |
Financial Health Grade: C
In 2021, Finding Freedom Inc reported a deficit of $22K with expenses exceeding revenue, holds 29.5 months of operating reserves (strong position), has a debt-to-asset ratio of 51.4% (high leverage).
Financial Trends
Over 2 years of filings (2020–2021), Finding Freedom Inc's revenue has declined at a compound annual growth rate (CAGR) of -47.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -47.0% | +68.7% | -3.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Finding Freedom Inc 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 Finding Freedom Inc 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $22K, with expenses exceeding revenue.
- Debt-to-asset ratio: 51.4%.
Frequently Asked Questions about Finding Freedom Inc
Is Finding Freedom Inc a legitimate charity?
Finding Freedom Inc (EIN: 823389364) is a registered tax-exempt nonprofit based in Montana. It has 2 years of IRS 990 filings on record. Total revenue: $370K. No red flags identified. Financial health grade: C.
How does Finding Freedom Inc spend its money?
Finding Freedom Inc reported $370K in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Finding Freedom Inc tax-deductible?
Finding Freedom Inc is registered as a tax-exempt nonprofit (EIN: 823389364). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Finding Freedom Inc located?
Finding Freedom Inc is headquartered in Bozeman, Montana and files with the IRS under EIN 823389364. It is classified under NTEE code F33.
How many years of IRS 990 filings does Finding Freedom Inc have?
Finding Freedom Inc has 2 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 $370K in total revenue.
Filing History
IRS 990 filing history for Finding Freedom Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2020–2021), Finding Freedom Inc's revenue has declined by 47%, moving from $698K to $370K. Total assets decreased by 3.4% over the same period, from $1000K to $965K. Total functional expenses rose by 68.7%, from $233K to $392K. In its most recent filing year (2021), Finding Freedom Inc reported a deficit of $22K, with expenses exceeding revenue. The organization holds $496K in liabilities against $965K in assets (debt-to-asset ratio: 51.4%), resulting in net assets of $469K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $370K | $392K | $965K | $496K | — | View 990 |
| 2020 | $698K | $233K | $1000K | $508K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Finding Freedom Inc:
Data Sources and Methodology
This transparency report for Finding Freedom 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.