Free Speech Foundation
EIN: 852279624 · Nashville, TN · NTEE: B05
| Metric | Value |
|---|---|
| Total Revenue | $2.7M |
| Total Expenses | $7.0M |
| Net Assets | $7.5M |
Is Free Speech Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Free Speech Foundation
Free Speech Foundation (EIN: 852279624) is a nonprofit organization based in Nashville, TN, classified under NTEE code B05. The organization reported total revenue of $2.7M and total assets of $4.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Free Speech Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Free Speech Foundation is a mid-size nonprofit that has been operating for 5 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 82.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.2M |
| Total Expenses | $7.0M |
| Surplus / Deficit | $-2,765,099 |
| Total Assets | $7.5M |
| Total Liabilities | $42K |
| Net Assets | $7.5M |
| Operating Margin | -65.3% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 12.9 months |
Financial Health Grade: B
In 2023, Free Speech Foundation reported a deficit of $2.8M with expenses exceeding revenue, holds 12.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Free Speech Foundation's revenue has grown at a compound annual growth rate (CAGR) of 82.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -67.3% | -17.3% | -18.7% |
| 2022 | +0.8% | +50.4% | +18.8% |
| 2021 | +1733.3% | +3308.9% | +1331.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Free Speech Foundation 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 Free Speech Foundation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2.8M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.6%.
Frequently Asked Questions about Free Speech Foundation
Is Free Speech Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Free Speech Foundation (EIN: 852279624) insufficient data. 0 red flags identified, 0 strengths noted.
How does Free Speech Foundation spend its money?
Detailed spending breakdown data is not yet available for Free Speech Foundation. Check back for updated IRS 990 analysis.
Are donations to Free Speech Foundation tax-deductible?
Free Speech Foundation is registered as a tax-exempt nonprofit (EIN: 852279624). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Free Speech Foundation located?
Free Speech Foundation is headquartered in Nashville, Tennessee and files with the IRS under EIN 852279624. It is classified under NTEE code B05.
How many years of IRS 990 filings does Free Speech Foundation have?
Free Speech Foundation 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 $2.7M in total revenue.
Filing History
IRS 990 filing history for Free Speech Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Free Speech Foundation's revenue has grown by 503.7%, moving from $702K to $4.2M. Total assets increased by 1282.8% over the same period, from $543K to $7.5M. Total functional expenses rose by 4140.9%, from $165K to $7.0M. In its most recent filing year (2023), Free Speech Foundation reported a deficit of $2.8M, with expenses exceeding revenue. The organization holds $42K in liabilities against $7.5M in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $7.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.2M | $7.0M | $7.5M | $42K | — | — |
| 2022 | $13.0M | $8.5M | $9.2M | $579K | — | View 990 |
| 2021 | $12.9M | $5.6M | $7.8M | $708 | — | View 990 |
| 2020 | $702K | $165K | $543K | $6K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $4.2M, expenses of $7.0M, and assets of $7.5M (revenue -67.3% year-over-year).
- 2022: Revenue of $13.0M, expenses of $8.5M, and assets of $9.2M (revenue +0.8% year-over-year).
- 2021: Revenue of $12.9M, expenses of $5.6M, and assets of $7.8M (revenue +1733.3% year-over-year).
- 2020: Revenue of $702K, expenses of $165K, and assets of $543K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Free Speech Foundation:
Data Sources and Methodology
This transparency report for Free Speech Foundation 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.