Market Freedom Alliance
- Assets
- $262.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Phoenix, AZ
- Founding
- Data as of
- 12/2020
- EIN
- 37-1759552
Organization Overview
Market Freedom Alliance is located in Phoenix, AZ. As of 12/2020, Market Freedom Alliance employed 3 individuals. Market Freedom Alliance is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2020, Market Freedom Alliance generated $207.0 in total revenue. All expenses for the organization totaled $266.8k during the year ending 12/2020.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
IN 2020, THE ORGANIZATION DEVELOPED AND IMPLEMENTED A GRASSROOTS OUTREACH PROGRAM TO PERSUADE ARIZONA'S UTILITY COMMISSION TO OPPOSE RATE HIKES FOR CONSUMERS, AND OPPOSE EFFORTS BY A LARGE UTILITY TO MODIFY THEIR ENERGY PLATFORMS WHICH WOULD BE DETRIMENTAL TO CONSUMERS AND THEIR POCKETBOOKS. ADDITIONALLY, THE ORGANIZATION LED A GRASSROOTS MOVEMENT TO EDUCATE A LOCAL MUNICIPALITY ABOUT THE NEGATIVE CONSEQUENCES OF INCREASED PROPERTY TAX RATES AS WELL AS OPPOSITION TO CREATING A GOVERNMENT-RUN MONOPOLY FOR THE CITY'S EMERGENCY SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Schmidt President & | 0 | $0 | |
Charles Edwards Director | 0 | $0 | |
Daniel Wickner Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $207 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $207 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $193,979 |
| Professional fees and other payments to independent contractors | $38,960 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $33,819 |
| Total expenses | $266,758 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $255,016 |
| Other assets | $0 |
| Total assets | $262,576 |
| Total liabilities | $0 |
| Net assets or fund balances | $262,576 |
Grants Awarded
Over the last fiscal year, Market Freedom Alliance has awarded $400,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
FREEDOM & OPPORTUNITY FUND PURPOSE: SOCIAL WELFARE | $250,000 |
ARIZONA PROSPERITY ALLIANCE PURPOSE: PUBLIC POLICY ADVOCA | $100,000 |
OUR STORY PURPOSE: SOCIAL WELFARE | $50,000 |