Freedom Project
- Assets
- $2.2m
- Revenue
- $5.1m
- Investments
- $0.0
- Employees
- 27
- Location
- Renton, WA
- Founding
- 05/2006
- Data as of
- 12/2022
- EIN
- 91-2129474
Organization Overview
Freedom Project is located in Renton, WA. The organization was established in 2006. According to its NTEE Classification (I40) the organization is classified as: Rehabilitation Services for Offenders, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2022, Freedom Project employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Freedom Project 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, Freedom Project generated $5.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 59.0% each year . All expenses for the organization totaled $3.7m during the year ending 12/2022. While expenses have increased by 49.0% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FREEDOM PROJECT WORKS ALONGSIDE THE COMMUNITY TO DISMANTLE THE INSTITUTION OF MASS INCARCERATION AND HEAL ITS TRAUMATIC EFFECTS ON PEOPLE DIRECTLY IMPACTED BY INCARCERATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADDRESSING SYSTEMIC, INSTITUTIONAL, ORGANIZATIONAL AND PERSONAL RACISM IS INTEGRAL TO ACCOMPLISHING OUR MISSION RACIAL EQUITY OCCURS WHEN RACIAL IDENTITY NO LONGER PREDICTS A PERSONS QUALITY OF LIFE. RACIAL JUSTICE IS EQUITY IN ACTION. WE SEEK TO ADDRESS BOTH THE WAY INEQUITY IS EXHIBITED AND ITS CAUSES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vidal Vincent Director | OfficerTrustee | 1 | $0 |
Emily Westlake Secretary | Trustee | 3 | $0 |
Chanel Cole Treasurer | Trustee | 3 | $0 |
Gerald Labensky Director | Trustee | 1 | $0 |
Karen Chung Director | Trustee | 1 | $0 |
Pam Orbach Director | Trustee | 1 | $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 | $4,944,838 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,944,838 |
| Total Program Service Revenue | $120,600 |
| Investment income | $7,626 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $52,477 |
| 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 | $5,125,541 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,696,437 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $209,106 |
| Payroll taxes | $171,609 |
| Fees for services: Management | $0 |
| 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 | $121,924 |
| Advertising and promotion | $0 |
| Office expenses | $13,609 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $117,158 |
| Travel | $10,372 |
| 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 | $6,684 |
| All other expenses | $89,466 |
| Total functional expenses | $3,697,232 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,655,504 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $575,059 |
| 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 | $2,230,563 |
| Accounts payable and accrued expenses | $139,241 |
| 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 | $139,241 |
| Net assets without donor restrictions | $910,186 |
| Net assets with donor restrictions | $1,181,136 |
| 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 | $2,230,563 |