Overview
What is Freedom First Enterprises?
Freedom First Enterprises is a nonprofit organization situated in Roanoke, Virginia, specifically at 5240 Valley Park Drive. Its primary mission is to aid low and very low-income consumers by offering alternative financial services. Specifically, it plans to fund the construction and outfitting of a clinical, private meeting, and counseling space within Fallon Park Elementary School in Roanoke. This space will be utilized to run a financial empowerment program, providing free, one-on-one professional counseling assistance to students' families and the community. This assistance covers various aspects of financial management, including budgeting, debt reduction, credit improvement, housing, asset building, transportation, and referrals to other service providers.
Is Freedom First Enterprises legitimate?
Freedom First Enterprises is a legitimate nonprofit organization registered as a 501(c)(3) entity. Freedom First Enterprises 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Freedom First Enterprises?
Freedom First Enterprises' mission is centered around assisting low-income and very low-income consumers with alternative financial services. In particular, they aim to provide funding for a clinical space within an elementary school, which will be used to run a financial empowerment program. This program offers free, one-on-one professional counseling sessions to address various financial concerns, such as money management, budgeting, reducing debt, establishing and improving credit, connecting to safe and affordable housing, building assets and savings, addressing transportation issues, and referring individuals to other service providers and organizations. The goal is to equip these individuals with the necessary financial skills and resources to improve their financial well-being.
What is the revenue of Freedom First Enterprises?
Freedom First Enterprises's revenue in 2023 was $73,165.
Who are the executives of Freedom First Enterprises and what are their salaries?
There 5 volunteers at Freedom First Enterprises.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Freedom First Enterprises?
Freedom First Enterprises's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Freedom First Enterprises
Freedom First Enterprises is a nonprofit organization committed to assisting low and very low-income consumers with alternative financial services. The primary mission of this organization is to provide funding for the construction and outfitting of a permanent clinical space, private meeting and counseling rooms, and programmatic space within Fallon Park Elementary School in Roanoke, VA. This space will be utilized to run a financial empowerment program. Through this program, families and members of the community receive free, one-on-one professional counseling assistance. This assistance addresses various financial concerns, including money management, budgeting, reducing debt, establishing and improving credit, connecting to safe and affordable housing, building assets and savings, addressing transportation issues, and making referrals to other service providers and organizations. In essence, Freedom First Enterprises aims to empower individuals and families by providing them with the tools and resources needed to manage their finances effectively.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Freedom First Enterprises has made a significant impact by providing essential financial services and resources to low- and very low-income consumers. By focusing on financial empowerment, the organization plays a crucial role in improving the financial literacy and well-being of individuals and families in Roanoke, Virginia.
One of the key initiatives is the development of a dedicated clinical and counseling space within Fallon Park Elementary School. This facility allows for the delivery of personalized, one-on-one financial counseling to students' families and community members. Services offered include money management, budgeting, debt reduction, and credit improvement. Importantly, the program also connects individuals with safe and affordable housing options, supports asset and savings building, and addresses transportation needs, thus creating a comprehensive support network.
The emphasis on community engagement and education not only helps families navigate their financial challenges but also fosters long-term economic stability and resilience. By addressing these multifaceted issues, Freedom First Enterprises empowers individuals to take control of their financial futures, breaking cycles of poverty and enhancing overall community well-being.
This information is meant to be a general summary of Freedom First Enterprises. 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 2023.
- Investment Income: $287
- Gross Receipts: $73,165
Assets and Liabilities:
- Total Assets: $580,596
- Total Liabilities: $17,729
- Net Assets: $562,867
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2017
Principal Officer
Dave Prosser
NTEE Category
Code: P51 - Human services
If you are a representative of Freedom First Enterprises and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.