Freedomworks Incorporated
- Assets
- $5.2m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 37
- Location
- Minneapolis, MN
- Founding
- 11/2004
- Data as of
- 03/2023
- EIN
- 43-2048391
Organization Overview
Freedomworks Incorporated is located in Minneapolis, MN. The organization was established in 2004. According to its NTEE Classification (F60) the organization is classified as: Counseling, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 03/2023, Freedomworks Incorporated employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Freedomworks Incorporated 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 03/2023, Freedomworks Incorporated generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 29.5% each year . All expenses for the organization totaled $2.0m during the year ending 03/2023. While expenses have increased by 32.6% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
FREEDOMWORKS PROVIDES SUPPORTIVE SERVICES, INCLUDING RESIDENTIAL PROGRAMMING, TO MEN AND WOMEN FORMERLY INCARCERATED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FREEDOMWORKS OFFERS RE-ENTRY AND RECOVERY PROGRAMS TO EX-OFFENDERS THROUGH FIVE RESIDENTIAL PROGRAM MODELS, INCLUDING:(1) TREATMENT SERVICES WITH SPONSORED LODGING,(2) TRANSITIONAL LIVING,(3) RE-ENTRY AND AFTERCARE,(4) SOBER LIVING,AND(5) NEXT-STEP LIVING. LICENSED SUPPORTIVE SERVICES ARE PROVIDED THROUGH ON-SITE PARTNERSHIPS, INCLUDING ALCOHOL AND DRUG TREATMENT, MENTAL HEALTH, AND THE INDIVIDUAL PEER RECOVERY SUPPORT SPECIALISTS (WHICH INCLUDES SOCIAL SERVICES). FREEDOMWORKS' PROGRAMS AND SERVICES OFFER THE PARTICIPANTS STRUCTURE AND ACCOUNTABILITY NEEDED FOR TRANSITIONING FROM A LIFESTYLE OF CRIME AND ADDICTION. PARTICIPANTS ENGAGE IN INDIVIDUAL COUNSELING, MENTORING, SUPPORTIVE GROUPS, AND DEVELOPMENT OF INDEPENDENT LIFE SKILL PROGRAMS.THE FOOD INITIATIVE PROGRAM IS A FREEDOMWORKS PROGRAM ORGANIZED UNDER JAILBREAKERS CATERING, LLC ESTABLISHED ON NOVEMBER 18, 2022. THIS PROGRAM WILL TEACH PARTICIPANTS INDEPENDENT LIFE SKILLS AND PROVIDE A PATHWAY FOR QUALIFIED PARTICIPANTS TO EARN INCOME THROUGH OUR ON-THE-JOB TRAINING PROGRAM WHILE COMPLETING THEIR PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Heitzman Chair | OfficerTrustee | 2 | $0 |
Don Blue Treasurer | OfficerTrustee | 2 | $0 |
Richard Pawlewciz Secretary | OfficerTrustee | 1 | $0 |
John Brown Board Member | Trustee | 1 | $0 |
Lou Petros Board Member | Trustee | 1 | $0 |
Rob Barrett Board Member | 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 | $937,586 |
| Noncash contributions included in lines 1a–1f | $6,064 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $937,586 |
| Total Program Service Revenue | $1,342,151 |
| Investment income | $11,951 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| 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 | $2,291,688 |
| 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. | $184,620 |
| Compensation of current officers, directors, key employees. | $56,874 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $746,019 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,830 |
| Payroll taxes | $95,624 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $23,964 |
| Fees for services: Accounting | $26,744 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,055 |
| Advertising and promotion | $97,719 |
| Office expenses | $20,295 |
| Information technology | $42,056 |
| Royalties | $0 |
| Occupancy | $436,045 |
| Travel | $3,886 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,734 |
| Interest | $52,105 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $158,311 |
| Insurance | $69,479 |
| All other expenses | $19,545 |
| Total functional expenses | $2,015,031 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $609,611 |
| Savings and temporary cash investments | $906,547 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $26,069 |
| 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 | $721 |
| Net Land, buildings, and equipment | $3,610,149 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,153,097 |
| Accounts payable and accrued expenses | $105,590 |
| Grants payable | $0 |
| Deferred revenue | $3,394 |
| 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 | $1,419,308 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $71,784 |
| Total liabilities | $1,600,076 |
| Net assets without donor restrictions | $3,281,135 |
| Net assets with donor restrictions | $271,886 |
| 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 | $5,153,097 |