Civic Intelligence

Techfreedom

990 • Fiscal year 2022 • EIN 27-3567814

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 01, 2023

1500 K Street NW floor 2Washington, DC 20005

(202) 681-0871

Siviq Scores

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

Liabilities / Assets

57th percentile

0.10x

Higher debt load relative to assets than 57% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

38th percentile

0.04x

Higher debt load relative to revenue than 38% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

25th percentile

-5.6%

Higher net margin than 25% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

91st percentile

$209,900

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 13.3% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

18th percentile

-11%

Faster asset growth than 18% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

70th percentile

25%

Faster revenue growth than 70% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$609,316

Down $73,020 (-11%) from 2021

Net Assets

Down

$548,608

Down $87,714 (-14%) from 2021

Liabilities

Up

$60,708

Up $14,694 (+32%) from 2021

Revenue

Up

$1,579,008

Up $316,484 (+25%) from 2021

Expenses

Up

$1,666,722

Up $411,033 (+33%) from 2021

Net Income

Down

-$87,714

Down $94,549 (-1383%) from 2021

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2014: $215,093Liabilities 2014: $1,743Net Assets 2014: $213,3502014Assets 2016: $99,933Liabilities 2016: $1,743Net Assets 2016: $98,1902016Assets 2017: $106,021Liabilities 2017: $8,423Net Assets 2017: $97,5982017Assets 2018: $122,986Liabilities 2018: $27,622Net Assets 2018: $95,3642018Assets 2021: $682,336Liabilities 2021: $46,014Net Assets 2021: $636,3222021Assets 2022: $609,316Liabilities 2022: $60,708Net Assets 2022: $548,6082022Assets 2024: $130,714Liabilities 2024: $27,704Net Assets 2024: $103,0102024

Highlighted filing

2022

Assets$609,316
Liabilities$60,708
Net Assets$548,608

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2014: $563,536Expenses 2014: $594,851Net Income 2014: -$31,3152014Revenue 2016: $619,605Expenses 2016: $661,407Net Income 2016: -$41,8022016Revenue 2017: $1,101,294Expenses 2017: $1,101,886Net Income 2017: -$5922017Revenue 2018: $739,051Expenses 2018: $741,285Net Income 2018: -$2,2342018Revenue 2021: $1,262,524Expenses 2021: $1,255,689Net Income 2021: $6,8352021Revenue 2022: $1,579,008Expenses 2022: $1,666,722Net Income 2022: -$87,7142022Revenue 2024: $1,459,546Expenses 2024: $1,701,551Net Income 2024: -$242,0052024

Highlighted filing

2022

Revenue$1,579,008
Expenses$1,666,722
Net Income-$87,714
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 1, 2023
Return Version
2022v5.0
Gross Receipts
$1,579,008
Mission and Program Overview

Mission

Techfreedom's mission is to promote the progress of technology that improves the human condition and expands individual capacity to choose. Techfreedom advances the freedoms that make experimentation, entrepreneurship and investment possible, and thus unleash the ultimate resource, human ingenuity. On a wide variety of issues, techfreedom will outline a path forward for policymakers towards a bright future where technology enhances freedom and freedom enhances technology.

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$454,112$466,923▲ $12,811
Accounts Receivable$214,000$123,000▼ $91,000
Land, Buildings, and Equipment, Net$10,280$16,787▲ $6,507
Prepaid Expenses and Deferred Charges$1,338--
Total Assets$682,336$609,316▼ $73,020
Other Assets Total$2,606$2,606→ $0
Liabilities
Other Liabilities$38,871$54,759▲ $15,888
Accounts Payable and Accrued Expenses$7,143$5,949▼ $1,194
Total Liabilities$46,014$60,708▲ $14,694
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$636,322$548,608▼ $87,714
Total Net Assets Fund Balance$636,322$548,608▼ $87,714
Total Liabilities and Net Assets / Fund Balance$682,336$609,316▼ $73,020

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$10,230$35,602$45,832
Equipment$6,557$22,447$29,004
Other Assets Org$2,606--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Berin SzokaPresidentFT$202,973$6,927$209,900
Bilal SayyedSenior Competition CounselFT$180,000$13,677$193,677
Daniel BenaventeChief Operating OfficerFT$163,211$10,487$173,698
Corbin BarthholdInternet CounselFT$145,104-$145,104
Ari CohnFree Speech CounselFT$130,331$13,333$143,664

Board Members and Trustees

NameTitle
Shane TewsChair of the board
Dan ComptonDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,579,008
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,579,008
Change in Net Assets
$-87,714

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,579,008
Total Revenue per Audited Statements
$1,579,008
Total Revenue per Form 990
$1,579,008
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,443,196
Other Expenses$223,526
Total Fundraising Expense$119,778
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$475,008$254,702$61,621$791,331
Other Salaries and Wages$288,080$129,944$31,438$449,462
Other Employee Benefits$63,799$32,159$7,780$103,738
Payroll Taxes$60,679$30,586$7,400$98,665
Fees for Services Accounting-$52,233-$52,233
Fees for Services Legal$32,192$10,264$4,199$46,655
Occupancy$23,518$7,499$3,068$34,085
Travel$17,110--$17,110
Conferences and Meetings$14,525$947$316$15,788
Office Expenses$6,727$5,145$877$12,749
Information Technology$5,998$1,913$782$8,693
Depreciation Depletion$4,800$1,531$626$6,957
Fees for Services Other$4,448$1,418$996$6,862
Insurance$1,994$3,836$243$6,073
Other Expenses$2,157$688$281$3,126
All Other Expenses$1,151$367$151$1,669
Total Functional Expenses$1,002,188$544,756$119,778$1,666,722

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,666,722
Total Expenses per Audited Statements$1,666,722
Total Expenses per Form 990$1,666,722
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll salary payable$48,912
Tax payable$5,847
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
Yes
Other officer compensation reviewed
Yes
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

TechFreedom provides a copy of its form 990 to its board of directors prior to filing the return with the internal revenue service. The board of directors are provided a reasonable amount of the time to ask any questions or raise any concerns regarding the form 990 prior to submission to the IRS. TechFreedom engages an outsourced accountant to prepare its form 990. Once prepared by the outsourced accountant, TechFreedoms CEO and COO review the form 990 for accuracy and completeness prior to signing the return.

Conflict of interest policy compliance Part VI line 12C

TechFreedom reviews its conflict of interest policy, as well as compliance with its policy, on an annual basis. To date, no conflicts have occured.

CEO executive director top management comp Part VI line 15A

To determine executive, key employee, and officer compensation, TechFreedom reviewed the salaries of similar employees at other nonprofit think-tanks. The compensation review of comparable employees was performed through a review of similar organizations form 990s. TechFreedom reviews independent data and other comparable data any time a change in compensation is considered. This process is reviewed each year as a part of annual budget and pay increase processes. The board of directors approves all compensation of executives, key employees and officers.

Other officer or key employee compensation Part VI line 15B

To determine executive, key employee, and officer compensation, TechFreedom reviewed the salaries of similar employees at other nonprofit think-tanks. The compensation review of comparable employees was performed through a review of similar organizations form 990s. TechFreedom reviews independent data and other comparable data any time a change in compensation is considered. In addition, the board of directors approves all compensation of executives, key employees, and officers. This process is conducted annually.

Governing documents etc available to public Part VI line 19

TechFreedoms mission is to promote the progress of technology that improves the human condition and expands individual capacity to choose. TechFreedom advances the freedoms that make experimentation, entrepreneurship and investment possible, and thus unleash the ultimate resource, human ingenuity. On a wide variety of issues, TechFreedom will outline a path forward for policymakers towards a bright future where technology enhances freedom and freedom enhances techonolgy.

Part VI response or note to any other line in Part VI

Form 990, part VI, line 19 - Governing documents disclosure explanation TechFeedoms governing documents, conflict of interest policy, and financial statements are made available to the public based on the publics need and approval from TechFreedoms treasurer. Anyone with valid reason for doing is welcome to send a request to view these documents to TechFreedoms treasurer. The treasurer will provide the requested documents to the requesting individual, if appropriate.

Filing and Contact Details

Filer

Filer Name
TechFreedom
EIN
27-3567814
Address
1500 K Street NW floor 2, Washington, DC 20005

Signing Officer

Name
Daniel Benavente
Title
Chief Operating
Phone
2026810871
Signed
2023-11-01
Discuss with paid preparer
Yes

Organization Details

Formed
2010
Legal Domicile
Dc
Voting Board Members
3
Independent Board Members
3
Employees
11
Volunteers
2

Preparer

Firm
Js Miller Group Pllc
Address
818 CONNECTICUT AVE NW ST 900, Washington, DC 20006
Preparer
Glenn Frank
Phone
2027934744
Supplemental Narrative

Additional Explanations

Part III response or note to any other line in Part III

TechFreedoms mission is to promote the progress of technology that improves the human condition and expands individual capacity to choose. TechFreedom advances the freedoms that make experimentation, entrepreneurship and investment possible, and thus unleash the ultimate resource, human ingenuity. On a wide variety of issues, TechFreedom will outline a path foward for policymakers towards a bright future where technology enhances freedom and freedom enhances technology.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0In 2022, TechFreedom contacted legislatures and government entities with the purpose of influencing their decision on supporting and opposing Tech-related legislation. In addition, TechFreedom used social and print media to urge the public with calls to action. TechFreedoms lobbying efforts were limited and in line with the organizations mission of promoting policies that enable technology to flourish and improve the human condition.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0Activities to influence legislation (Part II-B, lines 1a - 1h)
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Berin Szoka
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Daniel Benavente
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Bilal Sayyed
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Chief Operating Officer
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TechFreedom provides a copy of its form 990 to its board of directors prior to filing the return with the internal revenue service. The board of directors are provided a reasonable amount of the time to ask any questions or raise any concerns regarding the form 990 prior to submission to the IRS. TechFreedom engages an outsourced accountant to prepare its form 990. Once prepared by the outsourced accountant, TechFreedoms CEO and COO review the form 990 for accuracy and completeness prior to signing the return.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TechFreedom reviews its conflict of interest policy, as well as compliance with its policy, on an annual basis. To date, no conflicts have occured.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2To determine executive, key employee, and officer compensation, TechFreedom reviewed the salaries of similar employees at other nonprofit think-tanks. The compensation review of comparable employees was performed through a review of similar organizations form 990s. TechFreedom reviews independent data and other comparable data any time a change in compensation is considered. This process is reviewed each year as a part of annual budget and pay increase processes. The board of directors approves all compensation of executives, key employees and officers.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3To determine executive, key employee, and officer compensation, TechFreedom reviewed the salaries of similar employees at other nonprofit think-tanks. The compensation review of comparable employees was performed through a review of similar organizations form 990s. TechFreedom reviews independent data and other comparable data any time a change in compensation is considered. In addition, the board of directors approves all compensation of executives, key employees, and officers. This process is conducted annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TechFreedoms mission is to promote the progress of technology that improves the human condition and expands individual capacity to choose. TechFreedom advances the freedoms that make experimentation, entrepreneurship and investment possible, and thus unleash the ultimate resource, human ingenuity. On a wide variety of issues, TechFreedom will outline a path forward for policymakers towards a bright future where technology enhances freedom and freedom enhances techonolgy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TechFreedoms mission is to promote the progress of technology that improves the human condition and expands individual capacity to choose. TechFreedom advances the freedoms that make experimentation, entrepreneurship and investment possible, and thus unleash the ultimate resource, human ingenuity. On a wide variety of issues, TechFreedom will outline a path foward for policymakers towards a bright future where technology enhances freedom and freedom enhances technology.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Form 990, part VI, line 19 - Governing documents disclosure explanation TechFeedoms governing documents, conflict of interest policy, and financial statements are made available to the public based on the publics need and approval from TechFreedoms treasurer. Anyone with valid reason for doing is welcome to send a request to view these documents to TechFreedoms treasurer. The treasurer will provide the requested documents to the requesting individual, if appropriate.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part III response or note to any other line in Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part VI response or note to any other line in Part VI
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