Freedom Institute For Economic Social Justice & People Empowermen

Freedom Institute For Economic Social Justice & People Empowermen operates on a balanced budget with no accumulated assets or liabilities in its latest fiscal year.

EIN: 200112266 · Detroit, MI · NTEE: R05 · Updated: 2026-03-28

$260KRevenue
$0Assets
70/100Mission Score (Good)
R05
Freedom Institute For Economic Social Justice & People Empowermen Financial Summary
MetricValue
Total Revenue$260K
Total Expenses$260K
Program Spending80%
Transparency Score70/100

Is Freedom Institute For Economic Social Justice & People Empowermen Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Freedom Institute For Economic Social Justice & People Empowermen directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Freedom Institute For Economic Social Justice & People Empowermen

Freedom Institute For Economic Social Justice & People Empowermen (EIN: 200112266) is a nonprofit organization based in Detroit, MI, classified under NTEE code R05. The organization reported total revenue of $260K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Freedom Institute For Economic Social Justice & People Empowermen's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

4Years Operating
SmallSize Classification
9Years of Filings
MixedRevenue Trajectory

Freedom Institute For Economic Social Justice & People Empowermen is a small nonprofit that has been operating for 4 years, with 9 years of IRS 990 filings on record (2010–2022). Revenue has grown at a compound annual rate of 0.5%.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

Total Revenue$260K
Total Expenses$260K
Surplus / Deficit+$0
Total Assets$0
Net Assets$0
Operating Margin0.0%
Months of Reserves0.0 months

Financial Health Grade: B

In 2022, Freedom Institute For Economic Social Justice & People Empowermen reported a surplus of $0 with revenue exceeding expenses, holds 0.0 months of operating reserves (limited).

Financial Trends

Over 9 years of filings (2010–2022), Freedom Institute For Economic Social Justice & People Empowermen's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.

YearRevenue ChangeExpense ChangeAsset Change
2022+1055.6%+1128.5%-100.0%
2017-43.8%-20.4%+133.6%
2016+33.3%+1.8%
2015+0.0%+35.8%-100.0%
2014+55.2%+14.9%+450.0%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2022

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Freedom Institute For Economic Social Justice & People Empowermen demonstrates a fluctuating financial history, with its latest filing (2022) showing revenue of $260,000 perfectly matched by expenses, resulting in zero net assets. This indicates a 'spend-as-you-go' model, which isn't inherently problematic for a small nonprofit but leaves no reserves. The organization has consistently reported zero assets and liabilities in recent years, suggesting minimal financial complexity or accumulation of resources. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of 0% officer compensation across all filings suggests a volunteer-driven or very lean operational structure at the leadership level, which can be a positive indicator of resource allocation towards mission. The lack of detailed expense categories in the provided data limits a comprehensive analysis of spending efficiency. Transparency appears adequate based on the consistent filing of IRS Form 990s over nine periods. However, the absence of detailed financial breakdowns beyond total revenue and expenses, and the lack of any accumulated assets, could raise questions about long-term sustainability and the specific impact of their programs. The organization's financial health is stable in the short term, as evidenced by balancing its budget in 2022, but its lack of reserves makes it vulnerable to funding fluctuations.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Freedom Institute For Economic Social Justice & People Empowermen with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Freedom Institute For Economic Social Justice & People Empowermen allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

$260KTotal Revenue
$260KTotal Expenses

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all nine available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a strong positive for resource allocation.

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 Freedom Institute For Economic Social Justice & People Empowermen's IRS 990 filings:

Strengths

The following positive indicators were identified for Freedom Institute For Economic Social Justice & People Empowermen:

Frequently Asked Questions about Freedom Institute For Economic Social Justice & People Empowermen

Is Freedom Institute For Economic Social Justice & People Empowermen a legitimate charity?

Based on AI analysis of IRS 990 filings, Freedom Institute For Economic Social Justice & People Empowermen (EIN: 200112266) some concerns. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.

How does Freedom Institute For Economic Social Justice & People Empowermen spend its money?

Freedom Institute For Economic Social Justice & People Empowermen directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Freedom Institute For Economic Social Justice & People Empowermen tax-deductible?

Freedom Institute For Economic Social Justice & People Empowermen is registered as a tax-exempt nonprofit (EIN: 200112266). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Freedom Institute For Economic Social Justice & People Empowermen's spending goes to programs?

Freedom Institute For Economic Social Justice & People Empowermen directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Freedom Institute For Economic Social Justice & People Empowermen compare to similar nonprofits?

With a transparency score of 70/100 (Good), Freedom Institute For Economic Social Justice & People Empowermen is above average for NTEE category R05 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Freedom Institute For Economic Social Justice & People Empowermen located?

Freedom Institute For Economic Social Justice & People Empowermen is headquartered in Detroit, Michigan and files with the IRS under EIN 200112266. It is classified under NTEE code R05.

How many years of IRS 990 filings does Freedom Institute For Economic Social Justice & People Empowermen have?

Freedom Institute For Economic Social Justice & People Empowermen has 9 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 $260K in total revenue.

Is Freedom Institute For Economic Social Justice & People Empowermen a good charity?

Based on the available data, the organization appears to be fiscally responsible by balancing its budget, as seen in 2022 with $260,000 in revenue and expenses. The consistent 0% officer compensation is a strong positive. However, without detailed expense breakdowns (program vs. admin/fundraising) and with no accumulated assets, a full assessment of its 'goodness' is limited, particularly regarding long-term impact and resilience.

How does the organization manage its finances with zero assets?

The organization appears to operate on a 'cash-in, cash-out' basis, as evidenced by its $0 assets and liabilities in the latest filing (2022). This means it spends its revenue as it comes in, without accumulating reserves or significant property. While this can work for smaller organizations, it offers no buffer for unexpected expenses or future growth.

What is the trend in the organization's revenue?

Revenue has fluctuated significantly over the years, from a high of $245,262 in 2010 to a low of $19,324 in 2013, and then rebounding to $260,000 in 2022. This indicates an inconsistent funding stream, though the latest year shows strong financial activity.

Filing History

IRS 990 filing history for Freedom Institute For Economic Social Justice & People Empowermen showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2010–2022), Freedom Institute For Economic Social Justice & People Empowermen's revenue has grown by 6%, moving from $245K to $260K. Total assets decreased by 100% over the same period, from $3K to $0. Total functional expenses rose by 64.7%, from $158K to $260K. In its most recent filing year (2022), Freedom Institute For Economic Social Justice & People Empowermen reported a surplus of $0, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2022 $260K $260K $0 $0 View 990
2017 $23K $21K $2K $0
2016 $40K $27K $1K $0 View 990
2015 $30K $26K $0 $1K View 990
2014 $30K $19K $6K $0 View 990
2013 $19K $17K $1K $0 View 990
2012 $51K $37K $2K $0 View 990
2011 $139K $135K $3K $0 View 990
2010 $245K $158K $3K $0 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Freedom Institute For Economic Social Justice & People Empowermen:

2022 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing 2010 Filing

Data Sources and Methodology

This transparency report for Freedom Institute For Economic Social Justice & People Empowermen 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.

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