Freedom Socialists
- Assets
- $371.0k
- Revenue
- $266.4k
- Investments
- $0.0
- Employees
- 6
- Location
- Seattle, WA
- Founding
- Data as of
- 12/2022
- EIN
- 86-3445122
Organization Overview
Freedom Socialists, operating under the name Freedom Socialist Party, is located in Seattle, WA. According to its NTEE Classification (R20) the organization is classified as: Civil Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2022, Freedom Socialist Party employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Freedom Socialist Party is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Freedom Socialist Party generated $266.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (23.8%) each year. All expenses for the organization totaled $241.6k during the year ending 12/2022. 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
TO EDUCATE THE PUBLIC ABOUT SOCIALIST FEMINISM AND TO ADVANCE SOCIAL JUSTICE, WOMEN'S EQUALITY AND WORKERS' RIGHTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZED NATIONAL FOUR-DAY EDUCATIONAL CONFERENCE ON HISTORY, THEORY, AND ORGANIZING STRATEGIES. EXPLORED THE IDEAS AND EXPERIENCES OF SOCIAL CHANGE ACTIVISTS IN THE U.S. TOPICS INCLUDED UNION WORK, ANTI-RACISM, FEMINISM AND LGBTQI+ MOVEMENT. NUMEROUS STAFF AND VOLUNTEERS WORKED ON EDUCATIONAL DISPLAYS, LECTURES, WORKSHOPS, READING MATERIALS AND HOUSING/HOSPITALITY.
MAINTAIN AND UPDATE EDUCATIONAL STATEMENTS AND RESOURCES ON WEBSITE, EMAIL AND SOCIAL MEDIA. THE EDUCATIONAL PURPOSES OF THE FREEDOM SOCIALISTS ARE FURTHERED THROUGH PRODUCING REGULAR EMAILS, UPDATING THE SOCIALISM.COM WEBSITE AND CREATING SOCIAL MEDIA POSTS THAT OFFER STRATEGIC RECOMMENDATIONS FOR GLOBAL, NATIONAL, AND LOCAL MOVEMENTS FOR IMPROVING THE GENERAL WELFARE OF THE COMMUNITY.
RESEARCH, WRITE, AND DISSEMINATE EDUCATIONAL MATERIALS. STAFF AND VOLUNTEERS OF FREEDOM SOCIALISTS DEVELOP INFORMATIONAL ECONOMIC AND SOCIAL ANALYSES OF GLOBAL HOT-SPOTS WHERE OPPRESSED PEOPLE ARE STRUGGLING FOR DEMOCRACY, HUMAN RIGHTS AND DECENT LIVING STANDARDS. THESE RECOMMENDATIONS ARE PUBLISHED IN NEWSLETTERS, LEAFLETS AND WEBSITE POSTS IN ORDER TO EDUCATE THE PUBLIC.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas K Barnes President | OfficerTrustee | 3 | $0 |
Steve Hoffman Vice-President | OfficerTrustee | 2 | $0 |
Andrea Bauer Director | OfficerTrustee | 2 | $0 |
Helen Gilbert Director | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $156,902 |
| Fundraising events | $11,326 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $35,495 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $203,723 |
| Total Program Service Revenue | $61,824 |
| Investment income | $869 |
| 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 | $266,416 |
| 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 | $562 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $104,114 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,432 |
| Payroll taxes | $27,306 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,333 |
| Fees for services: Accounting | $1,394 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,050 |
| Advertising and promotion | $0 |
| Office expenses | $5,826 |
| Information technology | $6,286 |
| Royalties | $0 |
| Occupancy | $44,340 |
| Travel | $4,671 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $32,982 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $998 |
| All other expenses | $0 |
| Total functional expenses | $241,591 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $114,496 |
| Savings and temporary cash investments | $256,510 |
| 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 | $0 |
| Total assets | $371,006 |
| 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 | $0 |
| Total liabilities | $0 |
| 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 | $371,006 |
| Total liabilities and net assets/fund balances | $371,006 |