The Freedom Institute Inc
EIN: 650232400 · Naples, FL · NTEE: P400
| Metric | Value |
|---|---|
| Total Revenue | $871K |
| Total Expenses | $319K |
| Net Assets | $6.1M |
Is The Freedom Institute Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Freedom Institute Inc
The Freedom Institute Inc (EIN: 650232400) is a nonprofit organization based in Naples, FL, classified under NTEE code P400. The organization reported total revenue of $871K and total assets of $6.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Freedom Institute Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Freedom Institute Inc is a small nonprofit that has been operating for 34 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 8.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $567K |
| Total Expenses | $319K |
| Surplus / Deficit | +$247K |
| Total Assets | $6.3M |
| Total Liabilities | $182K |
| Net Assets | $6.1M |
| Operating Margin | 43.6% |
| Debt-to-Asset Ratio | 2.9% |
| Months of Reserves | 237.3 months |
Financial Health Grade: A
In 2023, The Freedom Institute Inc reported a surplus of $247K with revenue exceeding expenses, holds 237.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.9% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), The Freedom Institute Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +186.3% | +77.7% | +7.8% |
| 2022 | -68.4% | -77.0% | -7.2% |
| 2021 | -0.3% | +17.1% | +6.3% |
| 2020 | -5.6% | -1.2% | +1.3% |
| 2019 | +36.8% | +10.8% | +2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Freedom Institute 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 The Freedom Institute 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $247K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.9%.
Frequently Asked Questions about The Freedom Institute Inc
Is The Freedom Institute Inc a legitimate charity?
The Freedom Institute Inc (EIN: 650232400) is a registered tax-exempt nonprofit based in Florida. It has 12 years of IRS 990 filings on record. Total revenue: $871K. No red flags identified. Financial health grade: A.
How does The Freedom Institute Inc spend its money?
The Freedom Institute Inc reported $871K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Freedom Institute Inc tax-deductible?
The Freedom Institute Inc is registered as a tax-exempt nonprofit (EIN: 650232400). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Freedom Institute Inc located?
The Freedom Institute Inc is headquartered in Naples, Florida and files with the IRS under EIN 650232400. It is classified under NTEE code P400.
How many years of IRS 990 filings does The Freedom Institute Inc have?
The Freedom Institute Inc has 12 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 $871K in total revenue.
Filing History
IRS 990 filing history for The Freedom Institute Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), The Freedom Institute Inc's revenue has grown by 153.8%, moving from $223K to $567K. Total assets increased by 23212.1% over the same period, from $27K to $6.3M. Total functional expenses rose by 59.3%, from $200K to $319K. In its most recent filing year (2023), The Freedom Institute Inc reported a surplus of $247K, with revenue exceeding expenses. The organization holds $182K in liabilities against $6.3M in assets (debt-to-asset ratio: 2.9%), resulting in net assets of $6.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $567K | $319K | $6.3M | $182K | — | View 990 |
| 2022 | $198K | $180K | $5.9M | $160K | — | View 990 |
| 2021 | $627K | $780K | $6.3M | $223K | — | — |
| 2020 | $629K | $666K | $5.9M | $308K | — | View 990 |
| 2019 | $667K | $674K | $5.9M | $230K | — | View 990 |
| 2018 | $488K | $609K | $5.7M | $211K | — | View 990 |
| 2017 | $478K | $609K | $5.8M | $193K | — | View 990 |
| 2016 | $768K | $487K | $6.0M | $97K | — | View 990 |
| 2015 | $6.0M | $353K | $5.8M | $93K | — | View 990 |
| 2014 | $173K | $211K | $8K | $378K | — | View 990 |
| 2013 | $234K | $214K | $47K | $378K | — | View 990 |
| 2012 | $223K | $200K | $27K | $377K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $567K, expenses of $319K, and assets of $6.3M (revenue +186.3% year-over-year).
- 2022: Revenue of $198K, expenses of $180K, and assets of $5.9M (revenue -68.4% year-over-year).
- 2021: Revenue of $627K, expenses of $780K, and assets of $6.3M (revenue -0.3% year-over-year).
- 2020: Revenue of $629K, expenses of $666K, and assets of $5.9M (revenue -5.6% year-over-year).
- 2019: Revenue of $667K, expenses of $674K, and assets of $5.9M (revenue +36.8% year-over-year).
- 2018: Revenue of $488K, expenses of $609K, and assets of $5.7M (revenue +2.0% year-over-year).
- 2017: Revenue of $478K, expenses of $609K, and assets of $5.8M (revenue -37.7% year-over-year).
- 2016: Revenue of $768K, expenses of $487K, and assets of $6.0M (revenue -87.2% year-over-year).
- 2015: Revenue of $6.0M, expenses of $353K, and assets of $5.8M (revenue +3378.1% year-over-year).
- 2014: Revenue of $173K, expenses of $211K, and assets of $8K (revenue -26.1% year-over-year).
- 2013: Revenue of $234K, expenses of $214K, and assets of $47K (revenue +4.6% year-over-year).
- 2012: Revenue of $223K, expenses of $200K, and assets of $27K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Freedom Institute Inc:
Data Sources and Methodology
This transparency report for The Freedom Institute 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.