Freedom Business Alliance Inc
- Assets
- $44.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Spring Hill, TN
- Founding
- 09/2016
- Data as of
- 12/2022
- EIN
- 81-1117210
Organization Overview
Freedom Business Alliance Inc is located in Spring Hill, TN. The organization was established in 2016. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Freedom Business Alliance Inc 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 Business Alliance Inc generated $171.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 46.4% each year . All expenses for the organization totaled $186.1k during the year ending 12/2022. While expenses have increased by 26.0% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ECOSYSTEM, COORDINATING COLLECTIVE IMPACT ACROSS THE FREEDOM BUSINESS MOVEMENT, AND FACILITATING THE TO SCALE THE FREEDOM BUSINESS MOVEMENT. 0 DIRECTOR 30.00 36,578 0 0 STEWART HEATH 0 0 0 0 0 0 27,859 RACHEL ROSE NELSON SCALING THE FREEDOM BUSINESS MOVEMENT BY CONNECTING ALL STAKEHOLDERS IN THE FREEDOM BUSINESS 60,000 TUNG CHENG ONG 27,536 0 0 72,001 0 35,423 0 LARRY SHARP 2.00 BRYAN PROSEK 2.00 NICOLE ROBYN 0 0 REMOVAL OF BARRIERS TO SCALE THE FREEDOM BUSINESS WORLDWIDE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Schmidt Executive Dir. | 50 | $14,402 | |
Rachel Nelson Executive Dir. | 30 | $18,000 | |
Larry Sharp Chairman | 0 | $0 | |
Gray Shipley Director | 0 | $0 | |
Tung Cheng Ong Director | 0 | $0 | |
Bryan Prosek Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $171,695 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $171,695 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $32,402 |
| Professional fees and other payments to independent contractors | $9,360 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4,937 |
| Other expenses | $139,414 |
| Total expenses | $186,113 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,916 |
| Other assets | $0 |
| Total assets | $44,197 |
| Total liabilities | $22,037 |
| Net assets or fund balances | $22,160 |