Freedom Business Alliance Inc
- Assets
- $72.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 09/2016
- Data as of
- 12/2021
- EIN
- 81-1117210
Organization Overview
Freedom Business Alliance Inc is located in Houston, TX. 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 12/2021, Freedom Business Alliance Inc generated $170.2k in total revenue. All expenses for the organization totaled $134.7k during the year ending 12/2021. While expenses have increased by 20.3% per year over the past 2 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
2021
Describe the Organization's Program Activity:
Part 3
SCALING THE FREEDOM BUSINESS MOVEMENT BY CONNECTING ALL STAKEHOLDERS IN THE FREEDOM BUSINESS ECOSYSTEM, COORDINATING COLLECTIVE IMPACT ACROSS THE FREEDOM BUSINESS MOVEMENT, AND FACILITATING THE REMOVAL OF BARRIERS TO SCALE THE FREEDOM BUSINESS WORLDWIDE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachel Rose Nelson Executive Director | 30 | $60,000 | |
Larry Sharp Chair | 5 | $0 | |
Bryan Prosek Secretary | 2 | $0 | |
Stewart Heath Treasurer | 2 | $0 | |
Tung Cheng Ong Director | 2 | $0 | |
Gray Shipley Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $149,821 |
| Total Program Service Revenue | $20,098 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $170,190 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $65,949 |
| Professional fees and other payments to independent contractors | $49,041 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,550 |
| Other expenses | $17,113 |
| Total expenses | $134,653 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,740 |
| Other assets | $0 |
| Total assets | $72,001 |
| Total liabilities | $35,423 |
| Net assets or fund balances | $36,578 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Freedom Business Alliance Inc has recieved totaling $65,510.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: SUPPORT | $28,500 |
Impact Investing Charitable Foundation Inc Overland Park, KS PURPOSE: HUMANITARIAN HELP | $12,000 |
Christian Community Foundation Of Memphis And The Mid-South Inc Memphis, TN PURPOSE: PROGRAM SUPPORT | $10,000 |
Organization Name not Listed PURPOSE: EVANG | | $10,000 |
Peter W And Peggy H Field Foundation Birmingham, AL PURPOSE: CHARITABLE | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $10 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Hands Relief Inc Arlington, TX | $2,480,716 | $16,870,671 |
Ekal Vidyalaya Foundation Of Usa Inc Houston, TX | $8,311,702 | $8,920,976 |
Thinkwell Institute Leander, TX | $7,820,043 | $8,446,076 |
Reach Now International Inc Tulsa, OK | $23,892 | $8,518,045 |
Medical Benevolence Foundation Houston, TX | $13,521,157 | $7,702,222 |
Conflict And Development Research Fund Castroville, TX | $3,738,303 | $60,944 |
Faith In Practice Houston, TX | $14,021,764 | $10,305,990 |
Millennium Relief And Development Services Inc Bellaire, TX | $1,985,456 | $5,779,466 |
Blessings International Broken Arrow, OK | $7,020,981 | $3,899,748 |
Attack Poverty Stafford, TX | $5,706,227 | $4,502,108 |
International Educational Programs Inc San Antonio, TX | $1,237,963 | $4,073,933 |
Christian Health Service Corps Grand Saline, TX | $4,182,710 | $4,323,020 |