Freedom Project Network
- Assets
- $619.2k
- Revenue
- $635.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Oxford, MS
- Founding
- 12/2016
- Data as of
- 12/2022
- EIN
- 81-3494728
Organization Overview
Freedom Project Network is located in Oxford, MS. The organization was established in 2016. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Freedom Project Network employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Freedom Project Network 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 Project Network generated $635.5k in total revenue. All expenses for the organization totaled $338.0k during the year ending 12/2022. While expenses have increased by 116.4% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FPN'S MISSION IS TO ELEVATE THE WORK OF THE FREEDOM PROJECTS AND TO PROVIDE THEM WITH RESOURCES THAT PROMOTE OPERATIONAL EFFICIENCY AND HIGH-QUALITY PROGRAMMING. AS A BACKBONE ORGANIZATION, OUR PRIMARY FOCUS IS THE SUSTAINABILITY AND GROWTH OF EXISTING AND FUTURE FREEDOM PROJECTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FREEDOM PROJECT PROGRAMMING: IN 2022, FPN DELIVERED ON ITS MISSION BY PROVIDING FREEDOM PROJECTS (FPS) WITH RESOURCES THAT PROMOTED OPERATIONAL EFFICIENCY AND HIGH-QUALITY PROGRAMMING. THIS YEAR, DIRECT PROGRAM ASSISTANCE TO THE FPS TOTALED $139,000, ALL OF WHICH WENT TOWARDS PROGRAM EXPENSES AT THE FPS. $125,000 WAS SECURED BY THE FPN FROM THE PHIL HARDIN FOUNDATION TO DIRECTLY SUPPORT FP PROGRAM: OF THAT AMOUNT (FOLLOWING THE AGREEMENT WITH THE FOUNDATION) $80,000 SUPPORTED PROGRAMMING AT THE MERIDIAN FP, $25,000 SUPPORTED PROGRAMMING AT THE SUNFLOWER COUNTY FP, AND $20,000 SUPPORTED PROGRAMMING AT THE ROSEDALE FP. TWO ADDITIONAL GRANTS OF $6,000 EACH WERE DISTRIBUTED TO SUPPORT PROGRAMMING AT THE MERIDIAN FP. A FINAL $2,000 SUPPORTED PROGRAMMING EXPENSES AT THE ROSEDALE FP, SECURED FROM THROUGH A GRANT FROM THE NATIONAL GEOGRAPHIC FOUNDATION.
FPN ALSO OVERSEES CENTRALIZED PROGRAMMATIC PLANNING FOR THE FREEDOM PROJECTS, PROVIDES PROFESSIONAL DEVELOPMENT FOR FREEDOM PROJECT STAFF IN THE FORM OF FPN SUMMITS AND EXTERNAL OPPORTUNITIES, AND CONDUCTS SITE VISITS FOR BOTH PROGRAMMATIC ACCOUNTABILITY AND SUPPORT AT EACH FREEDOM PROJECT.
ALUMNI COLLEGE SUCCESS PROGRAM: THE ALUMNI COLLEGE SUCCESS PROGRAM SUPPORTS ALL FREEDOM PROJECT ALUMNI WHO MATRICULATE INTO COLLEGE BY PROVIDING MENTORSHIP CALLS, ACADEMIC COACHING, MENTAL HEALTH SUPPORT, AND MONTHLY STIPENDS. WE HAVE A PART-TIME PROGRAM DIRECTOR WHO OVERSEES THE ADMINISTRATION OF THIS PROGRAM AND PART-TIME COORDINATORS AT EACH OF OUR THREE FREEDOM PROJECT SITES (SUNFLOWER COUNTY, MERIDIAN, AND ROSEDALE, MS) WHO LEAD THE STUDENT-FACING PROGRAMMING. THIS YEAR WE SUPPORTED 24 ALUMNI FELLOWS WHO ENROLLED AT 15 COLLEGES AND UNIVERSITIES ACROSS THE COUNTRY.
FREEDOM SUMMER COLLEGIATE: FREEDOM SUMMER COLLEGIATE RECRUITS, TRAINS, AND FUNDS DOCTORAL CANDIDATES TO DESIGN AND FACILITATE TRANSFORMATIVE SUMMER SEMINARS AT EACH FREEDOM PROJECT SITE. IN THIS PROGRAM, HIGH-SCHOOL FREEDOM FELLOWS EXPERIENCE A POWERFUL COLLEGE SIMULATION FROM THE COMFORT OF THE FREEDOM PROJECT AND EARN COLLEGE CREDIT FROM MILLSAPS COLLEGE. IN 2022, SIX FREEDOM SUMMER COLLEGIATE INSTRUCTORS LED COLLEGE-BRIDGE COURSES AT THE MERIDIAN FP, THE SUNFLOWER COUNTY FP, AND THE ROSEDALE FP. EACH FP HAD ADDITIONAL SITE COORDINATORS TO SUPPORT COURSE LOGISTICS. THIS YEAR, FSC STUDENTS EXPLORED FOOD HISTORY, THE SOCIOLOGY OF POVERTY, A HISTORY OF BLACK POLITICAL THOUGHT, THE SCIENCE OF GRAVITY, WAYS OF PRODUCING SCIENCE, AND HOW TO BUILD A COMPUTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ki Harris Executive Director | Officer | 40 | $67,500 |
Vaish Shastry Board President | Trustee | 5 | $0 |
Andrew Donnelly Board Treasurer | Trustee | 3 | $0 |
Shawn Raymond Board Member | Trustee | 2 | $0 |
Gregg Costa Board Member | Trustee | 2 | $0 |
Emily Gowen Board Member | Trustee | 2 | $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 | $635,486 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $635,486 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $635,486 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $174,700 |
| 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. | $69,145 |
| Compensation of current officers, directors, key employees. | $13,829 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,594 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $568 |
| Office expenses | $0 |
| Information technology | $2,944 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,080 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,248 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $2,111 |
| Total functional expenses | $338,049 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $244,279 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $370,000 |
| 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 | $4,898 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $619,177 |
| Accounts payable and accrued expenses | $0 |
| 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 | $4,836 |
| Total liabilities | $4,836 |
| Net assets without donor restrictions | $184,360 |
| Net assets with donor restrictions | $429,981 |
| 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 | $619,177 |
Grants Awarded
Over the last fiscal year, Freedom Project Network has awarded $174,700 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
MERIDIAN FREEDOM PROJECT PURPOSE: General operating expenses for Meridian Freedom Project programming (as stipulated in FPN's grant agreement with the Hardin Foundation). Alumni College Success Program's alumni fellow stipends and textbook stipends. | $93,400 |
SUNFLOWER COUNTY FREEDOM PROJECT PURPOSE: General operating expenses for Sunflower County Freedom Project programming (as stipulated in FPN's grant agreement with the Hardin Foundation). Alumni College Success Program's alumni fellow stipends and textbook stipends. | $54,400 |
ROSEDALE FREEDOM PROJECT PURPOSE: General operating expenses for Rosedale Freedom Project programming (as stipulated in FPN's grant agreement with the Hardin Foundation). Alumni College Success Program's alumni fellow stipends and textbook stipends. | $26,900 |