Overview
What is Freedomworks Foundation Inc?
Freedomworks Foundation Inc, headquartered in Washington D.C., is a nonprofit organization dedicated to the promotion of individual liberty, small government, and free markets. Established in 1984, the foundation has its roots at George Mason University, a hub for American free-market economic thought. The organization engages citizens across the country, serving as a platform to implement its programs. It conducts educational and research programs to strengthen its stance on free-market and limited government activities. Strategic management and discussions about future programs are also part of its strategy to stay responsive to its community and key stakeholders. The foundation continually evaluates its programs to ensure they are effective in achieving their mission of educating and empowering Americans with the principles of individual liberty, small government, and free markets.
Official website here: www.foundation.freedomworks.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 90% (Four-Star out of Four Star rating)
Freedomworks Foundation Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong accountability and financial practices. The organization boasts an independent board comprised entirely of independent members, which enhances its governance. Additionally, it has demonstrated exceptional fiscal responsibility, with a high program expense ratio of 94.42%, ensuring that a significant portion of its funds is allocated directly to its programs.
User feedback from Great Nonprofits highlights the foundation's effectiveness in educating the public and policymakers about the principles of freedom and the free market. A donor noted their satisfaction with the organization's impact, indicating a positive perception of its mission and activities.
However, the organization does have a low working capital ratio of 0.17 years, which may raise concerns about its short-term financial viability. Despite this limitation, the overall ratings and user feedback suggest that Freedomworks Foundation Inc is a reputable nonprofit committed to its cause.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Freedomworks Foundation Inc legitimate?
Freedomworks Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Freedomworks Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $459,603
Professional Fundraising Fees: $44,187
Other Salaries and Wages: $2,724,197
For more financial information, click here
Official website here: www.foundation.freedomworks.org
What is the mission statement of Freedomworks Foundation Inc?
The Freedomworks Foundation Inc's mission is centered around educating and empowering citizens to uphold the principles of individual liberty, small government, and free markets. The organization's primary focus is on informing the public about these principles, a driving force behind their daily activities. Established in 1984, the Freedomworks Foundation originated on the campus of George Mason University, a hub for American free-market economic thought. Over the years, the foundation has consistently strived to preserve liberty by educating Americans about free markets, limited government, and individual liberty.
Official website here: www.foundation.freedomworks.org
Who is the CEO of Freedomworks Foundation Inc?
Adam Brandon is the Board Chair of Freedomworks Foundation Inc.
Official website here: www.foundation.freedomworks.org
What is the revenue of Freedomworks Foundation Inc?
Freedomworks Foundation Inc's revenue in 2022 was $7,186,346.
Official website here: www.foundation.freedomworks.org
Who are the executives of Freedomworks Foundation Inc and what are their salaries?
The average compensation at Freedomworks Foundation Inc during 2022 was $56,854. There are 56 employees at Freedomworks Foundation Inc.
Here are 15 key members and their salaries:
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- Compensation: $253,346
- Related: $136,417
- Other: $28,474
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- Compensation: $165,708
- Related: $89,227
- Other: $33,910
- Compensation: $17,500
- Related: $157,500
- Other: $26,687
- Compensation: $105,816
- Related: $56,978
- Other: $13,710
- Compensation: $94,250
- Related: $50,750
- Other: $12,633
- Compensation: $107,250
- Related: $57,750
- Other: $20,879
- Compensation: $87,750
- Related: $47,250
- Other: $11,030
Official website here: www.foundation.freedomworks.org
Where can I find the form 990 for Freedomworks Foundation Inc?
Freedomworks Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.foundation.freedomworks.org
Learn more at the official website: www.foundation.freedomworks.org
Mission Statement of Freedomworks Foundation Inc
Freedomworks Foundation Inc, established in 1984, is a nonprofit organization with a mission centered around education and empowerment. The organization aims to instill the principles of individual liberty, small government, and free markets among Americans. This educational focus underpins all of Freedomworks Foundation's daily activities.
The mission of Freedomworks Foundation is to enlighten and empower the American public about the importance of individual freedom, limited government intervention, and free markets. Founded on the campus of George Mason University, a hub for American free-market economic thought, the organization has been dedicated to preserving liberty through education ever since its inception. By educating Americans about these principles, Freedomworks Foundation seeks to make a significant impact in shaping the nation's political landscape.
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Impact
June, 2024
Freedomworks Foundation Inc's impact lies in its mission to educate and empower Americans with the principles of individual liberty, small government, and free markets. This organization serves as a center for economic freedom by constantly engaging activists across the country to implement its programs. Through its education and research initiatives, Freedomworks Foundation supports the community in advancing free-market and limited government activities. By strategically managing its resources and discussing foundation development, Freedomworks Foundation ensures that it remains responsive to its community and key stakeholders. Through its work, Freedomworks Foundation contributes to fostering a society that values liberty, small government, and free markets.
This information is meant to be a general summary of Freedomworks Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $46,727
- Gross Receipts: $7,193,351
Assets and Liabilities:
- Total Assets: $1,663,129
- Total Liabilities: $343,541
- Net Assets: $1,319,588
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Organization Details
Founding Year
1989
Phone
(202) 783-3870Principal Officer
Adam Brandon
Main Address
111 K ST NE 6TH FLOOR, WASHINGTON, DC, 20002
NTEE Category
Code: C00A - Environment
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