Foundations Of Freedom
- Assets
- $277.5k
- Revenue
- $511.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- Data as of
- 12/2023
- EIN
- 85-2893542
Organization Overview
Foundations Of Freedom is located in Dallas, TX. According to its NTEE Classification (R63) the organization is classified as: Censorship, Freedom of Speech & Press, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundations Of Freedom 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 12/2023, Foundations Of Freedom generated $511.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (17.6%) each year. All expenses for the organization totaled $721.6k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE SPECIFIC PURPOSE OF THE ENTITY IS TO ADVANCE THE VALUES AND PRINCIPLES UNDERPINNING THE FOUNDATIONS OF FREEDOM AS EXPRESSED IN THE CONSTITUTION OF THE UNITED STATES THROUGH INIATIVES AND A PLATFORM THAT WILL (I) ENABLE RELATIONSHIPS AMONG PEOPLE THAT SHARE THESE VALUES
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDATIONS OF FREEDOM IS A WEB PLATFORM THAT CONNECTS PEOPLE AND ORGANIZATIONS WHO SHARE COMMON VALUES AND ALLOWS THEM TO FOSTER RELATIONSHIP AMONG THEMSELVES, AND SERVE AND SUPPORT OTHER 501(C)(3) ORGANIZATIONS WHOSE CHARITABLE ACTIVITIES ALIGN WITH THEIR INTERESTS. FOF ASPIRES TO PRESERVE AND PROMOTE THE ORIGINAL INTENT OF AMERICAS FOUNDING FATHERS, AND TO RETURN AMERICA TO ITS FOUNDING PRINCIPLES, BY SERVING THE COMMUNITY OF PEOPLE ON THE SITE AND THE PUBLIC AT LARGE, AND BOTH SERVING AND SUPPORTING OTHER 501(C)(3) ORGANIZATIONS. MONETARY SUPPORT IS ONLY PROVIDED TO OTHER PUBLIC CHARITIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay W Allen Secretarytreasurer | OfficerTrustee | 50 | $96,000 |
Dave Dias Ceodirector | OfficerTrustee | 50 | $96,000 |
Raleigh Washington Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $354 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $511,217 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $511,571 |
| 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 | $511,571 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $61,800 |
| 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. | $204,000 |
| Compensation of current officers, directors, key employees. | $102,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,174 |
| Fees for services: Management | $50,450 |
| Fees for services: Legal | $57,624 |
| 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 | $4,170 |
| Office expenses | $15,472 |
| Information technology | $272,390 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $38,338 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,228 |
| Total functional expenses | $721,646 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $252,464 |
| 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 | $25,000 |
| 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 | $0 |
| Total assets | $277,464 |
| Accounts payable and accrued expenses | $5,802 |
| 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 | $200,000 |
| Other liabilities | $0 |
| Total liabilities | $205,802 |
| Net assets without donor restrictions | $0 |
| 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 | $71,662 |
| Total liabilities and net assets/fund balances | $277,464 |
Grants Awarded
Over the last fiscal year, Foundations Of Freedom has awarded $150,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ROAD TO JERUSALEM PURPOSE: SUPPORT THE CHARITABLE PURPOSES OF THE RECIPIENT CHARITY | $50,000 |
AMERICAN VOTERS ALLIANCE PURPOSE: SUPPORT THE CHARITABLE PURPOSES OF THE RECIPIENT CHARITY | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foundations Of Freedom Dallas, TX | $277,464 | $511,571 |
Transparency Texas Dallas, TX | $240,356 | $325,194 |
Freedom Of Information Foundation Of Texas Austin, TX | $24,897 | $0 |
Freenet Project Inc Austin, TX | $186,384 | $257,470 |
Coalition For Quality Childrens Media Santa Fe, NM | $33,048 | $0 |
Leadership Inc Weatherford, TX | $229,531 | $0 |
Top Tea Food Fuel International Houston, TX | $0 | $0 |