Civic Intelligence

Freedom 4-24

990 • Fiscal year 2023 • EIN 26-4320885

Jan 01, 2023 to Dec 31, 2023 • Filed on Feb 08, 2024

PO Box 3155Lynchburg, VA 24503

(434) 582-4517

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

32nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

32nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

52nd percentile

5.2%

Higher net margin than 52% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

73rd percentile

$63,711

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 9.9% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

69th percentile

14%

Faster asset growth than 69% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

71st percentile

28%

Faster revenue growth than 71% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$268,753

Up $33,222 (+14%) from 2022

Net Assets

Up

$268,753

Up $33,222 (+14%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$641,698

Up $140,429 (+28%) from 2022

Expenses

Up

$608,476

Up $39,710 (+7.0%) from 2022

Net Income

Up

$33,222

Up $100,719 (+149%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2010: $44,847Liabilities 2010: $1,390Net Assets 2010: $43,4572010Assets 2011: $78,676Liabilities 2011: $0Net Assets 2011: $78,6762011Assets 2012: $109,133Liabilities 2012: $0Net Assets 2012: $109,1332012Assets 2013: $89,767Liabilities 2013: $0Net Assets 2013: $89,7672013Assets 2014: $38,272Liabilities 2014: $1,323Net Assets 2014: $36,9492014Assets 2015: $38,112Liabilities 2015: $526Net Assets 2015: $37,5862015Assets 2016: $73,842Liabilities 2016: $208Net Assets 2016: $73,6342016Assets 2017: $126,505Liabilities 2017: $3,239Net Assets 2017: $123,2662017Assets 2018: $115,230Liabilities 2018: $2,835Net Assets 2018: $112,3952018Assets 2019: $111,662Liabilities 2019: $497Net Assets 2019: $111,1652019Assets 2020: $192,302Liabilities 2020: $44,593Net Assets 2020: $147,7092020Assets 2021: $304,245Liabilities 2021: $1,217Net Assets 2021: $303,0282021Assets 2022: $235,531Liabilities 2022: $0Net Assets 2022: $235,5312022Assets 2023: $268,753Liabilities 2023: $0Net Assets 2023: $268,7532023Assets 2024: $197,593Liabilities 2024: $1,833Net Assets 2024: $195,7602024Assets 2025: $188,389Liabilities 2025: $328Net Assets 2025: $188,0612025

Highlighted filing

2023

Assets$268,753
Liabilities$0
Net Assets$268,753

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KExpenses 2010: $41,6732010Expenses 2011: $57,0272011Expenses 2012: $103,9112012Revenue 2013: $168,320Expenses 2013: $187,686Net Income 2013: -$19,3662013Revenue 2014: $238,511Expenses 2014: $291,329Net Income 2014: -$52,8182014Revenue 2015: $282,096Expenses 2015: $281,459Net Income 2015: $6372015Revenue 2016: $380,841Expenses 2016: $344,793Net Income 2016: $36,0482016Revenue 2017: $540,783Expenses 2017: $491,151Net Income 2017: $49,6322017Revenue 2018: $423,815Expenses 2018: $434,686Net Income 2018: -$10,8712018Revenue 2019: $424,396Expenses 2019: $425,626Net Income 2019: -$1,2302019Revenue 2020: $465,277Expenses 2020: $428,733Net Income 2020: $36,5442020Revenue 2021: $640,825Expenses 2021: $485,506Net Income 2021: $155,3192021Revenue 2022: $501,269Expenses 2022: $568,766Net Income 2022: -$67,4972022Revenue 2023: $641,698Expenses 2023: $608,476Net Income 2023: $33,2222023Revenue 2024: $548,372Expenses 2024: $621,365Net Income 2024: -$72,9932024Revenue 2025: $588,973Expenses 2025: $596,672Net Income 2025: -$7,6992025

Highlighted filing

2023

Revenue$641,698
Expenses$608,476
Net Income$33,222
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Feb 8, 2024
Return Version
2023v5.0
Gross Receipts
$641,698
Mission and Program Overview

Mission

Freedom 4-24 seeks to prevent and end sexual exploitation and trafficking locally and globally. The organization raises awareness, provides prevention education, and expands the restoration work of its partners.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$200,008$263,956▲ $63,948
Accounts Receivable$33,674--
Prepaid Expenses and Deferred Charges$1,849$4,797▲ $2,948
Total Assets$235,531$268,753▲ $33,222
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$230,301$257,304▲ $27,003
Net Assets With Donor Restrictions$5,230$11,449▲ $6,219
Total Net Assets Fund Balance$235,531$268,753▲ $33,222
Total Liabilities and Net Assets / Fund Balance$235,531$268,753▲ $33,222

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$9,280-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Joy CoverPresidentFT$63,711$63,711
Sal FerliseCFOPT$21,537$21,537

Board Members and Trustees

NameTitle
Martha HeinleinBoard Chair
Abe LoperBoard Member
Miranda CanadyBoard Member
Robert SmithBoard Member
Sharon StitelerBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$641,306
Program Service Revenue
$0
Investment Income
$392
Other Revenue
$0
All Other Contributions
$468,453
Change in Net Assets
$33,222

Audited Revenue Reconciliation

Revenue per Audited Statements
$641,698
Total Revenue per Audited Statements
$641,698
Total Revenue per Form 990
$641,698
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$290,565
Other Expenses$225,886
Total Fundraising Expense$107,561
Grants and Similar Amounts Paid$92,025
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$158,837$63,858$41,716$264,411
Other Expenses$80,568-$59,169$139,737
Grants to Domestic Orgs$92,025--$92,025
Office Expenses-$31,567-$31,567
Payroll Taxes$12,133$5,145$3,186$20,464
Advertising$17,403--$17,403
Occupancy$811$12,979$2,433$16,223
Travel$8,267--$8,267
Fees for Services Other-$6,546-$6,546
Insurance-$6,143-$6,143
Other Employee Benefits$2,964$1,669$1,057$5,690
Total Functional Expenses$373,008$127,907$107,561$608,476

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$608,476
Total Expenses per Audited Statements$608,476
Total Expenses per Form 990$608,476
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Sports Outreach InstituteLynchburg, VA501For exempt purposes$27,338
Zera HouseGary, WV501For exempt purposes$12,981
Freedom Firm USAHopkins, MN501For exempt purposes-
Rescue Freeom InternationalKirkland, WA501For exempt purposes-

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$151,369$151,369-$151,369
Races$12,250$12,250-$12,250
Total Events$163,619$163,619-$163,619
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

The 990 return was provided to the board before filing.

Conflict of interest policy compliance Part VI line 12C

Organization requires all employees to acknowlege the policy and are required to notify management of any conflict or potential conflict.

Governing documents etc available to public Part VI line 19

All documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Freedom 4 24
EIN
26-4320885
Address
PO Box 3155, Lynchburg, VA 24503

Signing Officer

Name
Sal Ferlise
Title
CFO
Phone
4345824517
Signed
2024-02-08
Discuss with paid preparer
Yes

Organization Details

Formed
2009
Legal Domicile
Va
Voting Board Members
7
Independent Board Members
5
Employees
8

Preparer

Firm
Johnson CPA & Associates PC
Address
1892 Graves Mill Rd Unit B, Lynchburg, VA 24502
Preparer
Bryan Johnson
Phone
4343165214
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0265288
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0283163
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01657690
IRS990ScheduleA/TotalSupportAmt01658309
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09280
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt09280
IRS990ScheduleD/ExpensesSubtotalAmt0608476
IRS990ScheduleD/RevenueSubtotalAmt0641698
IRS990ScheduleD/TotalExpensesPerForm990Amt0608476
IRS990ScheduleD/TotalRevenuePerForm990Amt0641698
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0641698
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0608476
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt020000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0South America
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/Total501c3OrgCnt01
IRS990ScheduleF/TotalOtherOrgCnt01
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Races
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Gala
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt012250
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0151369
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0163619
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt012250
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt0151369
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0163619
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0163619
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt012981
IRS990ScheduleI/RecipientTable/CashGrantAmt127338
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt06000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt125000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0For exempt purposes
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1For exempt purposes
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2For exempt purposes
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3For exempt purposes
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Zera House
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Sports Outreach Institute
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Freedom Firm USA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3Rescue Freeom International
IRS990ScheduleI/RecipientTable/RecipientEIN0541479310
IRS990ScheduleI/RecipientTable/RecipientEIN1205280075
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO Box 430
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1PO Box 11855
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt238 18th Avenue S
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3105 Central Way
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Gary
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Lynchburg
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Hopkins
IRS990ScheduleI/RecipientTable/USAddress/CityNm3Kirkland
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0WV
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1VA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2MN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3WA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd024836
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd124506
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd255343
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd398033
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 990 return was provided to the board before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Organization requires all employees to acknowlege the policy and are required to notify management of any conflict or potential conflict.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All documents are made available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0VA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0235531
IRS990/TotalAssetsEOYAmt0268753
IRS990/TotalAssetsGrp/BOYAmt0235531
IRS990/TotalAssetsGrp/EOYAmt0268753
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0641306
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0107561
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0127907
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0373008
IRS990/TotalFunctionalExpensesGrp/TotalAmt0608476
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0235531
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0268753
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0373008
IRS990/TotalReportableCompFromOrgAmt085248
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0392
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0641698
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0235531
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0268753
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt08267
IRS990/TravelGrp/TotalAmt08267
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0www.freedom424.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Sal Ferlise
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum04345824517
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-02-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Freedom 4 24
ReturnHeader/Filer/BusinessNameControlTxt0FREE
ReturnHeader/Filer/EIN0264320885
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 3155
ReturnHeader/Filer/USAddress/CityNm0Lynchburg
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.88$0.00$1.88$5.89$5.97$0.08
2024Detailed filing. Detailed filing data is available for this year.$1.98$0.02$1.96$5.48$6.21$0.73
2023Detailed filing. Detailed filing data is available for this year.$2.69$0.00$2.69$6.42$6.08$0.33
2022Detailed filing. Detailed filing data is available for this year.$2.36$0.00$2.36$5.01$5.69$0.67
2021Detailed filing. Detailed filing data is available for this year.$3.04$0.01$3.03$6.41$4.86$1.55
2020Detailed filing. Detailed filing data is available for this year.$1.92$0.45$1.48$4.65$4.29$0.37
2019Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.11$4.24$4.26$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.15$0.03$1.12$4.24$4.35$0.11
2017Detailed filing. Detailed filing data is available for this year.$1.27$0.03$1.23$5.41$4.91$0.50
2016Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$3.81$3.45$0.36
2015Detailed filing. Detailed filing data is available for this year.$0.38$0.01$0.38$2.82$2.81$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.38$0.01$0.37$2.39$2.91$0.53
2013Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$1.68$1.88$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.00$1.09$1.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.00$0.79$0.57
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.01$0.43$0.42