Free Thought
- Assets
- $1.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Reston, VA
- Founding
- 03/2018
- Data as of
- 12/2022
- EIN
- 82-1458777
Organization Overview
Free Thought is located in Reston, VA. The organization was established in 2018. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Free Thought 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, Free Thought generated $119.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $124.9k during the year ending 12/2022. While expenses have increased by 12.3% 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $119,762 |
| 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 | $119,762 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,100 |
| Professional fees and other payments to independent contractors | $82,231 |
| Occupancy, rent, utilities, and maintenance | $1,444 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,082 |
| Total expenses | $124,857 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,608 |
| Other assets | $0 |
| Total assets | $1,608 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,608 |