The Freecycle Network
- Assets
- $1.0m
- Revenue
- $413.6k
- Investments
- $0.0
- Employees
- 2
- Location
- Tucson, AZ
- Founding
- 09/2006
- Data as of
- 06/2024
- EIN
- 20-0938414
Organization Overview
The Freecycle Network is located in Tucson, AZ. The organization was established in 2006. According to its NTEE Classification (C99) the organization is classified as: Environment N.E.C., under the broad grouping of Environment and related organizations. As of 06/2024, Freecycle Network employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Freecycle Network is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Freecycle Network generated $413.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $267.5k during the year ending 06/2024. While expenses have increased by 0.7% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO BUILD A WORLDWIDE SHARING MOVEMENT THAT REDUCES WASTE, SAVES PRECIOUS RESOURCES & EASES THE BURDEN ON OUR LANDFILLS WHILE ENABLING OUR MEMBERS TO BENEFIT FROM THE STRENGTH OF A LARGER COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FREECYCLE NETWORK MAKES ITS SERVICES AVAILABLE TO THE GENERAL PUBLIC FREE OF CHARGE. THOSE SERVICES APPLY TO A BROAD RANGE OF INDIVIDUALS. THE FREECYCLE NETWORK CONSISTS OF OVER 11 MILLION MEMBERS IN MORE THAN 100 COUNTRIES WITH OVER 5,000 LOCAL GROUPS AND IN NUMEROUS LANGUAGES. AS A RESULT, SOME 1,000 TONS A DAY ARE BEING KEPT OUT OF LANDFILLS AND ARE INSTEAD BEING RECYCLED/REUSED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deron Beal Executive Dir. | OfficerTrustee | 40 | $113,292 |
Jolie Sibert Secretary | Trustee | 1 | $0 |
Jennifer Columbus Vice President | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $178,758 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $178,758 |
| Total Program Service Revenue | $0 |
| Investment income | $22,770 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $212,063 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $413,591 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $113,292 |
| Compensation of current officers, directors, key employees. | $9,064 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $70,026 |
| Pension plan accruals and contributions | $5,789 |
| Other employee benefits | $11,818 |
| Payroll taxes | $19,299 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $291 |
| Fees for services: Accounting | $1,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,210 |
| Advertising and promotion | $0 |
| Office expenses | $2,183 |
| Information technology | $34,462 |
| Royalties | $0 |
| Occupancy | $2,474 |
| Travel | $385 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $77 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $822 |
| Insurance | $820 |
| All other expenses | $0 |
| Total functional expenses | $267,490 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $126,804 |
| Savings and temporary cash investments | $797,606 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $111,861 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,318 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1 |
| Total assets | $1,038,590 |
| Accounts payable and accrued expenses | $18,102 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $18,102 |
| Net assets without donor restrictions | $1,020,488 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,038,590 |