Freedom Now Usa
EIN: 824990466 · Topeka, KS · NTEE: I70
| Metric | Value |
|---|---|
| Total Revenue | $49K |
| Total Expenses | $59K |
| Net Assets | $3K |
Is Freedom Now Usa Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Freedom Now Usa
Freedom Now Usa (EIN: 824990466) is a nonprofit organization based in Topeka, KS, classified under NTEE code I70. The organization reported total revenue of $49K and total assets of $3K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Freedom Now Usa's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Freedom Now Usa is a micro nonprofit that has been operating for 7 years, with 3 years of IRS 990 filings on record (2018–2020). Revenue has grown at a compound annual rate of -63.0%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $49K |
| Total Expenses | $59K |
| Surplus / Deficit | $-10,316 |
| Total Assets | $3K |
| Total Liabilities | $313 |
| Net Assets | $3K |
| Operating Margin | -21.2% |
| Debt-to-Asset Ratio | 10.1% |
| Months of Reserves | 0.6 months |
Financial Health Grade: C
In 2020, Freedom Now Usa reported a deficit of $10K with expenses exceeding revenue, holds 0.6 months of operating reserves (limited), has a debt-to-asset ratio of 10.1% (very low leverage).
Financial Trends
Over 3 years of filings (2018–2020), Freedom Now Usa's revenue has declined at a compound annual growth rate (CAGR) of -63.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +586.4% | -73.4% | -78.0% |
| 2019 | -98.0% | +73.8% | -93.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1500 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Freedom Now Usa 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 Freedom Now Usa 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.1%.
Frequently Asked Questions about Freedom Now Usa
Is Freedom Now Usa a legitimate charity?
Based on AI analysis of IRS 990 filings, Freedom Now Usa (EIN: 824990466) insufficient data. 0 red flags identified, 0 strengths noted.
How does Freedom Now Usa spend its money?
Detailed spending breakdown data is not yet available for Freedom Now Usa. Check back for updated IRS 990 analysis.
Are donations to Freedom Now Usa tax-deductible?
Freedom Now Usa is registered as a tax-exempt nonprofit (EIN: 824990466). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Freedom Now Usa located?
Freedom Now Usa is headquartered in Topeka, Kansas and files with the IRS under EIN 824990466. It is classified under NTEE code I70.
How many years of IRS 990 filings does Freedom Now Usa have?
Freedom Now Usa has 3 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 $49K in total revenue.
Filing History
IRS 990 filing history for Freedom Now Usa showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2018–2020), Freedom Now Usa's revenue has declined by 86.3%, moving from $355K to $49K. Total assets decreased by 98.7% over the same period, from $229K to $3K. Total functional expenses fell by 53.7%, from $128K to $59K. In its most recent filing year (2020), Freedom Now Usa reported a deficit of $10K, with expenses exceeding revenue. The organization holds $313 in liabilities against $3K in assets (debt-to-asset ratio: 10.1%), resulting in net assets of $3K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $49K | $59K | $3K | $313 | — | — |
| 2019 | $7K | $222K | $14K | $949 | — | View 990 |
| 2018 | $355K | $128K | $229K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $49K, expenses of $59K, and assets of $3K (revenue +586.4% year-over-year).
- 2019: Revenue of $7K, expenses of $222K, and assets of $14K (revenue -98.0% year-over-year).
- 2018: Revenue of $355K, expenses of $128K, and assets of $229K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Freedom Now Usa:
Data Sources and Methodology
This transparency report for Freedom Now Usa 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.