Texas Freedom Network Education Fund
- Assets
- $2.5m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- 08/1996
- Data as of
- 12/2021
- EIN
- 74-2788317
Organization Overview
Texas Freedom Network Education Fund is located in Austin, TX. The organization was established in 1996. According to its NTEE Classification (R26) the organization is classified as: Lesbian & Gay Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Freedom Network Education Fund 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 12/2021, Texas Freedom Network Education Fund generated $4.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.5% each year . All expenses for the organization totaled $4.0m during the year ending 12/2021. While expenses have increased by 15.0% per year over the past 7 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.
Since 2018, Texas Freedom Network Education Fund has awarded 19 individual grants totaling $3,381,372. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CIVIC ENGAGEMENT, PUBLIC EDUCATION, RESEARCH
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZE PUBLIC AWARENESS AND CIVIC EDUCATION CAMPAIGNS TO INFORM AND ENGAGE THE PUBLIC AROUND CURRENT SOCIAL-JUSTICE ISSUES IN THE STATE.
ORGANIZE VOTER ENGAGEMENT AND ISSUE-BASED CIVIC ENGAGEMENT CAMPAIGNS FOR SUPPORTERS AND THE GENERAL PUBLIC.
CONDUCT RESEARCH TO SUPPORT SOCIAL POLICIES THAT PROMOTE EQUALITY AND SOCIAL JUSTICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brockway Emma Secretary | OfficerTrustee | 2 | $0 |
Chancey Dr Mark Treasurer | OfficerTrustee | 2 | $0 |
Mendiola Katrina Vice-Chair | OfficerTrustee | 2 | $0 |
Ireson Diane Chair | OfficerTrustee | 2 | $0 |
Valerie Benavidez President & Executive Director | Officer | 20 | $0 |
Marshall Ryan Valentine Chief Operating & Finance Officer | Officer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $75,594 |
| Related organizations | $0 |
| Government grants | $293,710 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,224,051 |
| Noncash contributions included in lines 1a–1f | $869,333 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,593,355 |
| Total Program Service Revenue | $0 |
| Investment income | $150 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$584 |
| Net Income from Fundraising Events | -$9,342 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,583,579 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $589,583 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,000 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $150,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $374,882 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $61,973 |
| Travel | $54,666 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,503 |
| Insurance | $0 |
| All other expenses | $130,968 |
| Total functional expenses | $3,974,075 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $464,193 |
| Savings and temporary cash investments | $1,863,754 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $208,315 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,536,262 |
| Accounts payable and accrued expenses | $145,021 |
| 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 | $145,021 |
| Net assets without donor restrictions | $1,562,939 |
| Net assets with donor restrictions | $828,302 |
| 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 | $2,536,262 |
Grants Awarded
Over the last fiscal year, Texas Freedom Network Education Fund has awarded $589,583 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: REGRANT UNDER TERMS OF TYPA MOU | $227,083 |
Austin, TX PURPOSE: REGRANT UNDER TERMS OF TYPA MOU | $227,083 |
Austin, TX PURPOSE: REGRANT UNDER TERMS OF TYPA MOU | $135,417 |
Grants Recieved
Over the last fiscal year, we have identified 30 grants that Texas Freedom Network Education Fund has recieved totaling $3,443,235.
| Awarding Organization | Amount |
|---|---|
The Susan Thompson Buffett Foundation Omaha, NE PURPOSE: PROJECT SUPPORT | $500,764 |
Rockefeller Philanthropy Advisors Inc New York, NY PURPOSE: GENERAL | $500,000 |
Ford Foundation New York, NY PURPOSE: GENERAL SUPPORT AND CORE SUPPORT FOR THE TEXAS YOUTH POWER ALLIANCE TO BUILD THE COLLECTIVE VOICE AND AGENCY OF YOUNG PEOPLE IN TEXAS | $400,000 |
The Susan Thompson Buffett Foundation Omaha, NE PURPOSE: PROJECT SUPPORT | $350,189 |
The Susan Thompson Buffett Foundation Omaha, NE PURPOSE: PROJECT SUPPORT | $249,236 |
Leland Fikes Foundation Inc Dallas, TX PURPOSE: GENERAL OPERATING | $200,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas Freedom Network Education Fund Austin, TX | $2,536,262 | $4,583,579 |
Borderland Rainbow Center El Paso, TX | $79,879 | $387,452 |
Eqtx Equality Texas Austin, TX | $140,831 | $399,811 |
Allgo Austin, TX | $859,518 | $500,763 |
Freedom Oklahoma Education Campaign Ltd Oklahoma City, OK | $279,987 | $362,859 |
Denton Pride Foundation Denton, TX | $5,960 | $0 |
Pride Houston Inc Houston, TX | $114,619 | $116,248 |
Dallas Pride Dallas, TX | $131,294 | $0 |
Northwest Arkansas Equality Inc Fayetteville, AR | $33,702 | $0 |
Unhushed Austin, TX | $39,025 | $0 |
Forum For Equality Foundation New Orleans, LA | $100,943 | $0 |
Gender Infinity Inc Houston, TX | $120,528 | $0 |