Arizona Freedom Foundation
- Assets
- $138.7k
- Revenue
- $294.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Gilbert, AZ
- Founding
- Data as of
- 12/2023
- EIN
- 86-3784512
Organization Overview
Arizona Freedom Foundation is located in Gilbert, AZ. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arizona Freedom Foundation 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, Arizona Freedom Foundation generated $294.9k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 37.0% each year . All expenses for the organization totaled $316.4k 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 FOUNDATION'S MISSION IS TO FOSTER INDEPENDENT JOURNALISM AND PROVIDE THE GENERAL PUBLIC WITH ACCESS TO NEWS, RESEARCH AND INFORMATION NOT COVERED BY TRADITIONAL CORPORATE MEDIA OUTLETS. TO THAT END, THE FOUNDATION OPERATES AZ FREE NEWS (WWW.AZFREENEWS.COM), AN ONLINE NEWS SITE THAT OFFERS REPORTING, ANALYSIS AND OCCASIONAL COMMENTARY ON A WIDE ARRAY OF LOCAL NEWS STORIES IN ARIZONA. ALTHOUGH SOME NATIONAL AND INTERNATIONAL NEWS STORIES ARE COMPILED FROM REPUTABLE THIRD PARTY NEWS SOURCES (SUCH AS THE WALL STREET JOURNAL), THE SITE CONSISTS PRIMARILY OF ORIGINAL LOCAL NEWS CONTENT GENERATED BY JOURNALISTS AND ANALYSTS COMMISSIONED BY THE FOUNDATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INDEPENDENT NEWS: THE ORGANIZATION MANAGED AND GREW ENGAGEMENT WITH ITS WEBSITE, AZFREENEWS.COM, WHICH IS MADE AVAILABLE FREE OF CHARGE. WEBSITE TRAFFIC GREW SIGNIFICANTLY IN 2023 WITH MORE THAN 1 MILLION PAGE VIEWS FOR THE YEAR. FREE NEWSLETTER SUBSCRIPTIONS ALSO GREW TO MORE THAN 17,000 SUBSCRIBERS. THE CONTENT OF THE WEBSITE IS GENERATED BY FREELANCE JOURNALISTS AND PROMOTED PRIMARILY THROUGH SOCIAL MEDIA CHANNELS, FREE EMAIL NEWSLETTERS, AND SEARCH ENGINES.
INVESTIGATIVE JOURNALISM: THE ORGANIZATION CONTRACTED WITH THREE FREELANCE JOURNALISTS DURING THE YEAR. THESE JOURNALISTS WROTE 837 ORIGINAL NEWS STORIES ON A WIDE ARRAY OF TOPICS RELATED TO ARIZONAMANY OF WHICH OFTEN ELUDE ATTENTION FROM MAINSTREAM COMMERCIAL MEDIA OUTLETS. IN THESE STORIES, READERS ARE PROVIDED WITH THE PERTINENT FACTS TO HELP THEM FORM THEIR OWN OPINIONS AND CONCLUSIONS.
RESEARCH: THE ORGANIZATION CONTRACTS WITH A RESEARCHER ON AN ONGOING BASIS. THIS PERSON IS RESPONSIBLE FOR INITIATING PUBLIC RECORDS REQUESTS AND DOING OTHER NECESSARY RESEARCH AS NEEDED FOR THE JOURNALISTS TO ENSURE THAT THEY HAVE THE PROPER FACTS AND DOCUMENTS. BY PERFORMING THESE DUTIES, THE RESEARCHER HELPS THE JOURNALISTS TO BE MORE EFFICIENT AND FOCUS ON TELLING THE STORIES THAT THE PEOPLE OF ARIZONA NEED TO HEAR. IN 2023, THE RESEARCHER FILED DOZENS OF PUBLIC RECORDS REQUESTS TO ASSIST WITH THESE STORIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Porteous Executive Dir. | Officer | 30 | $76,800 |
Tom Patterson Director | Trustee | 1 | $0 |
Scot Mussi Director | Trustee | 1 | $0 |
Vicki Vaughn Director | Trustee | 0 | $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 | $294,939 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $294,939 |
| 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 | $294,939 |
| 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. | $76,800 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,190 |
| 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 | $193,200 |
| Advertising and promotion | $4,579 |
| Office expenses | $4,893 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $25,092 |
| Travel | $0 |
| 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 | $1,623 |
| Insurance | $0 |
| All other expenses | $98 |
| Total functional expenses | $316,420 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $134,683 |
| 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 | $4,058 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $138,741 |
| 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 | $566 |
| Total liabilities | $566 |
| 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 | $138,175 |
| Total liabilities and net assets/fund balances | $138,741 |