Broad And Liberty Inc
- Assets
- $18.3k
- Revenue
- $166.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Media, PA
- Founding
- 08/2019
- Data as of
- 12/2020
- EIN
- 83-4513582
Organization Overview
Broad And Liberty Inc is located in Media, PA. The organization was established in 2019. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. As of 12/2020, Broad And Liberty Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Broad And Liberty 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 12/2020, Broad And Liberty Inc generated $166.8k in total revenue. All expenses for the organization totaled $172.8k during the year ending 12/2020.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
FOUNDED IN LATE 2019 TO "SERVE AS A DIGITAL MEDIA ENTERPRISE AND PUBLIC POLICY THINK TANK FOCUSED ON LOCAL ISSUES." WE HAVE GROWN INTO A DE FACTO SOURCE OF NEWS AND EDITORIAL CONTENT FOR READERS IN THE PHILADELPHIA REGION. OUR MISSION IS TO GIVE VOICE TO IDEAS AND PERSPECTIVES THAT WILL HELP IMPROVE OUR CIVIC DIALOGUE TO BE THROUGH AN EMPHASIS ON THOSE LOCAL ISSUES THAT HAVE THE BIGGEST IMPACT ON OUR READERS' QUALITY OF LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVOCATES FOR POLITICAL, CULTURAL, AND ECONOMIC FREEDOM IN LOCAL AND REGIONAL DISCOURSE IN PHILADELPHIA AND ITS ENVIRONS: THE SUBURBAN COLLAR COUNTIES OF SOUTHEAST PENNSYLVANIA, SOUTH AND CENTRAL NEW JERSEY, AND THROUGHOUT THE REST OF PA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Mitchell Board Member | Trustee | 1 | $0 |
Linda A Kerns Board Member | Trustee | 1 | $0 |
Matt Brouillette Board Member | Trustee | 1 | $0 |
George Coates Board Member | Trustee | 1 | $0 |
Aaron Cohen Board Member | Trustee | 1 | $0 |
Terry Tracy Executive Director | Trustee | 35 | $87,443 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $18,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $91,273 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $109,273 |
| 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 | $57,500 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $166,773 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $87,443 |
| Compensation of current officers, directors, key employees. | $17,489 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,323 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,969 |
| Payroll taxes | $20,430 |
| Fees for services: Management | $7,940 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,774 |
| Office expenses | $2,082 |
| Information technology | $8,800 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,404 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,925 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $294 |
| Total functional expenses | $172,831 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,086 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,212 |
| Total assets | $18,298 |
| Accounts payable and accrued expenses | $2,825 |
| Grants payable | $0 |
| Deferred revenue | $1,500 |
| 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 | $7,989 |
| Total liabilities | $12,314 |
| Net assets without donor restrictions | $5,984 |
| Net assets with donor restrictions | $0 |
| 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 | $18,298 |