Freedom 22 Operating Foundation
- Assets
- $58.8k
- Revenue
- $154.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 01/2002
- Data as of
- 12/2022
- EIN
- 35-2121370
Organization Overview
Freedom 22 Operating Foundation is located in Indianapolis, IN. The organization was established in 2002. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Freedom 22 Operating Foundation 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 12/2022, Freedom 22 Operating Foundation generated $154.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $148.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Freedom 22 Operating Foundation has awarded 67 individual grants totaling $415,306. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIRECT WEBSITE COSTS-WWW.PROUDTOPARENT.ORG (RESOURCE FOR PARENTS NOT MARRIED TO EACH OTHER), WWW.WHILEWEHEAL.ORG (RESOURCE FOR PARENTS REMEMBERING THEIR KIDS WHILE SOLVING MARITAL PROBLEMS), WWW.UPTOPARENTS.ORG(RESOURCE FOR PARENTS WHILE DIVORCING), WWW.NODIVORCETODAY.ORG, WWW.YOURFAMILYRESOLUTIONS.ORG, WWW.DEFENSEMAP.COM (RESOURCE IN ADDRESSING WRONGFUL CONVICTIONS, UNINFORMED/EXCESSIVE SENTENCES, AND MASS INCARCERATION IN AMERICA), WWW.FAMILYCOURTWEBSITE.ORG (RESOURCE TO HELP FAMILIES IN TRANSITION, DIVORCE, SEPARATION, ETC. FOCUS ON THE NEEDS OF THE CHILDREN)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Asher President | 50 | $0 | |
Barbara Asher Secretary & Treasurer | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $150,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,506 |
| Capital Gain Net Income | $4,506 |
| Net ST Capital Gain | $4,506 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $154,506 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $6,440 |
| Occupancy | $300 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $1,588 |
| Other expenses | $42,312 |
| Total operating and administrative expenses | $67,341 |
| Contributions, gifts, grants paid | $81,134 |
| Total expenses and disbursements | $148,475 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,779 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $21,041 |
| Other assets | $0 |
| Total assets | $58,820 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Freedom 22 Operating Foundation has awarded $81,134 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
INDIANAPOLIS HEBREW CONGREGATION PURPOSE: GENERAL OPERATIONS | $103 |
GOOD SHEPHARD MONTESSORI SCHOOL PURPOSE: GENERAL OPERATIONS | $80,000 |
BBYO PURPOSE: GENERAL OPERATIONS | $180 |
JEWISH FEDERATION OF GREATER INDIANAPOLIS PURPOSE: GENERAL OPERATIONS | $122 |
LEUKEMIA AND LYMPHOMA SOCIETY PURPOSE: GENERAL OPERATIONS | $250 |
RILEY CHILDREN'S FOUNDATION PURPOSE: GENERAL OPERATIONS | $379 |