Civic Intelligence

Dfree Global Foundation Inc

EIN 45-4317604 • 501(c)3 • Somerset, NJ

Profile

The organization's mission is to promote and educate the public about financial literacy. The d-free program's purpose is to motivate individuals that are in financial crisis to lead a debt-free life. The organization provides guidance and financial counseling using the "d-free" living strategy.

606 Franklin Blvd Suite 2Somerset, NJ 08873

www.billiondollarpaydown.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

96th percentile

2.31x

Higher debt load relative to assets than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

89th percentile

0.33x

Higher debt load relative to revenue than 89% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

17th percentile

-37%

Higher net margin than 17% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

15th percentile

-61%

Faster asset growth than 15% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

87th percentile

60%

Faster revenue growth than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$71,695

Down $112,304 (-61%) from 2023

Liabilities

Up

$165,459

Up $69,517 (+72%) from 2023

Net Assets

Down

-$93,764

Down $181,821 (-206%) from 2023

Operations
Liabilities / Revenue89th percentileNet Margin17th percentile

Revenue

Up

$494,548

Up $185,355 (+60%) from 2023

Expenses

Up

$676,369

Up $154,664 (+30%) from 2023

Net Income

Up

-$181,821

Up $30,691 (+14%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth15th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0-$500KAssets 2013: $114,573Liabilities 2013: $49,222Net Assets 2013: $65,3512013Assets 2014: $63,236Liabilities 2014: $32,650Net Assets 2014: $30,5862014Assets 2015: $39,515Liabilities 2015: $38,700Net Assets 2015: $8152015Assets 2016: $218,494Liabilities 2016: $18,993Net Assets 2016: $199,5012016Assets 2017: $122,560Liabilities 2017: $79,102Net Assets 2017: $43,4582017Assets 2018: $262,158Liabilities 2018: $158,540Net Assets 2018: $103,6182018Assets 2019: $120,520Liabilities 2019: $73,925Net Assets 2019: $46,5952019Assets 2020: $722,115Liabilities 2020: $179,126Net Assets 2020: $542,9892020Assets 2021: $276,547Liabilities 2021: $49,261Net Assets 2021: $227,2862021Assets 2022: $349,121Liabilities 2022: $40,262Net Assets 2022: $308,8592022Assets 2023: $183,999Liabilities 2023: $95,942Net Assets 2023: $88,0572023Assets 2024: $71,695Liabilities 2024: $165,459Net Assets 2024: -$93,7642024

Highlighted filing

2024

Assets$71,695
Liabilities$165,459
Net Assets-$93,764
Open 2024 Filing

Operations Trend

Revenue Growth87th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2013: $135,086Expenses 2013: $121,295Net Income 2013: $13,7912013Revenue 2014: $174,923Expenses 2014: $209,687Net Income 2014: -$34,7642014Revenue 2015: $205,595Expenses 2015: $235,366Net Income 2015: -$29,7712015Revenue 2016: $865,949Expenses 2016: $667,263Net Income 2016: $198,6862016Revenue 2017: $1,017,586Expenses 2017: $1,048,082Net Income 2017: -$30,4962017Revenue 2018: $1,500,547Expenses 2018: $1,440,387Net Income 2018: $60,1602018Revenue 2019: $1,573,750Expenses 2019: $1,630,773Net Income 2019: -$57,0232019Revenue 2020: $1,829,647Expenses 2020: $1,333,253Net Income 2020: $496,3942020Revenue 2021: $1,210,274Expenses 2021: $1,525,977Net Income 2021: -$315,7032021Revenue 2022: $1,532,089Expenses 2022: $1,450,516Net Income 2022: $81,5732022Revenue 2023: $309,193Expenses 2023: $521,705Net Income 2023: -$212,5122023Revenue 2024: $494,548Expenses 2024: $676,369Net Income 2024: -$181,8212024

Highlighted filing

2024

Revenue$494,548
Expenses$676,369
Net Income-$181,821
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$71,695
Liabilities
$165,459
Net assets
-$93,764
Revenue
$494,548
Expenses
$676,369
Net income
-$181,821
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.17$0.09$0.49$0.68$0.18
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.18$0.10$0.09$0.31$0.52$0.21
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.04$0.31$1.53$1.45$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.28$0.05$0.23$1.21$1.53$0.32
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.18$0.54$1.83$1.33$0.50
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.07$0.05$1.57$1.63$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.26$0.16$0.10$1.50$1.44$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.08$0.04$1.02$1.05$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.22$0.02$0.20$0.87$0.67$0.20
2015Detailed filing. Detailed filing data is available for this year.$0.04$0.04$0.00$0.21$0.24$0.03
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.06$0.03$0.03$0.17$0.21$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.11$0.05$0.07$0.14$0.12$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 17, 2025
Return Version
2024v5.0
Gross Receipts
$494,548
Mission and Program Overview

Mission

The organization's mission is to promote and educate the public about financial literacy. The d-free program's purpose is to motivate individuals that are in financial crisis to lead a debt-free life. The organization provides guidance and financial counseling using the "d-free" living strategy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$72,266$52,189▼ $20,077
Cash and Non-Interest-Bearing Accounts$104,660$17,506▼ $87,154
Prepaid Expenses and Deferred Charges$4,095--
Savings and Temporary Cash Investments$2,978--
Accounts Receivable-$2,000-
Total Assets$183,999$71,695▼ $112,304
Liabilities
Accounts Payable and Accrued Expenses$85,942$155,459▲ $69,517
Other Liabilities$10,000$10,000→ $0
Total Liabilities$95,942$165,459▲ $69,517
Net Assets / Fund Balance
Net Assets With Donor Restrictions$64,861--
Net Assets Without Donor Restrictions$23,196$-93,764▼ $116,960
Total Net Assets Fund Balance$88,057$-93,764▼ $181,821
Total Liabilities and Net Assets / Fund Balance$183,999$71,695▼ $112,304

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$52,189$143,785$195,974
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Rev Dr Deforest B Soaries JrChair
Vaughn MckoyCo-chair
Adanna DavisBoard Member
Cayla CousinsBoard Member
Janeen UzzellBoard Member
Leslie AndersonBoard Member
Martin SoariesBoard Member
Rev Dr Danielle BrownBoard Member
Rev Dr Darryl K WebsterBoard Member
Rev Trevor Hyde JrBoard Member
Scott JefferyBoard Member
Tracey Wingo-campbellBoard Member
Trevor HydeSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$488,787
Program Service Revenue
$5,756
Investment Income
$5
Other Revenue
$0
All Other Contributions
$488,787
Change in Net Assets
$-181,821

Audited Revenue Reconciliation

Revenue per Audited Statements
$494,548
Total Revenue per Audited Statements
$494,548
Total Revenue per Form 990
$494,548
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$676,369
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$106,619$3,420-$110,039
Other Expenses$70,894$17,773-$70,894
Office Expenses$36,063$8,914-$44,977
Occupancy$28,798$7,202-$36,000
Fees for Services Accounting-$32,500-$32,500
Depreciation Depletion$16,062$4,015-$20,077
Travel$13,797--$13,797
Insurance$8,970$2,242-$11,212
Total Functional Expenses$575,856$100,513$0$676,369

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$676,369
Total Expenses per Audited Statements$676,369
Total Expenses per Form 990$676,369
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
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loan$10,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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, Page 6, Part VI, Line 2

“Deforest b. Soaries, jr martin soaries pres/trustee vp/trustee relatives”

Form 990, Page 6, Part VI, Line 11B

“990 is distributed to all board members for review before it is filed”

Form 990, Page 6, Part VI, Line 12C

“Conflict of interest policy is reviewed at board meetings”

Form 990, Page 6, Part VI, Line 19

“Certain governing documents are made available to the public upon request”

Filing and Contact Details

Filer

Filer Name
Dfree Global Foundation Inc
EIN
45-4317604
Phone
7328392492
Address
606 FRANKLIN BLVD SUITE 2, SOMERSET, NJ 08873

Signing Officer

Name
Rev Dr Deforest B Soaries Jr
Title
Chair
Phone
7329918364
Signed
2025-04-17

Organization Details

Principal Officer
Rev Dr Deforest B Soaries Jr
Formed
2012
Legal Domicile
Nj
Voting Board Members
13
Independent Board Members
9
Employees
0
Volunteers
60

Preparer

Firm
Hamilton Mercer Advisors
Address
1540 KUSER ROAD SUITE A4, MERCERVILLE, NJ 08619-3828
Preparer
Peter S Martin CPA
Phone
6095810300
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The organization's mission is to promote and educate the public about financial literacy. The d-free program's purpose is to motivate individuals that are in financial crisis to lead a debt-free life. The organization provides guidance and financial counseling using the "d-free" living strategy.”

Form 990, Page 1, Part I, Line 6

“Volunteers serve on the board and help with events.”

Form 990, Part IX, Line 24E

“Book store expenses 55,600 0 0 donations & awards 24,242 0 0 contract services 13,096 0 0 staff development 8,138 2,034 0 telephone 4,765 1,191 0 licenses & fees 778 195 0 total 106,619 3,420 0”

Raw XML AppendixShowing 400 of 428 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt085942
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0155459
IRS990/AccountsReceivableGrp/EOYAmt02000
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE ORGANIZATION'S MISSION IS TO PROMOTE AND EDUCATE THE PUBLIC ABOUT FINANCIAL LITERACY. THE D-FREE PROGRAM'S PURPOSE IS TO MOTIVATE INDIVIDUALS THAT ARE IN FINANCIAL CRISIS TO LEAD A DEBT-FREE LIFE. THE ORGANIZATION PROVIDES GUIDANCE AND FINANCIAL COUNSELING USING THE "D-FREE" LIVING STRATEGY.
IRS990/AllOtherContributionsAmt0488787
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt03420
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0106619
IRS990/AllOtherExpensesGrp/TotalAmt0110039
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum07328392492
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0606 FRANKLIN BLVD SUITE 2
IRS990/BooksInCareOfDetail/USAddress/CityNm0SOMERSET
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd008873
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0104660
IRS990/CashNonInterestBearingGrp/EOYAmt017506
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0488787
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt05
IRS990/CYOtherExpensesAmt0676369
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt05756
IRS990/CYRevenuesLessExpensesAmt0-181821
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0676369
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0494548
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt04015
IRS990/DepreciationDepletionGrp/ProgramServicesAmt016062
IRS990/DepreciationDepletionGrp/TotalAmt020077
IRS990/Desc0THE ORGANIZATION SUPPORTS A GRASS ROOTS STRATEGY CALLED "DFREE" LIVING THAT EDUCATES PEOPLE ABOUT FINANCIAL LITERACY. THE INDIVIDUALS RECEIVE FINANCIAL COUNSELING AND GUIDANCE THROUGH EDUCATION, LECTURES AND MATERIALS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt064861
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0575856
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt032500
IRS990/FeesForServicesAccountingGrp/TotalAmt032500
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt65.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt75.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt85.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt95.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt105.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt115.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt125.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0LESLIE ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm1REV DR DANIELLE BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm2CAYLA COUSINS
IRS990/Form990PartVIISectionAGrp/PersonNm3ADANNA DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm4TREVOR HYDE
IRS990/Form990PartVIISectionAGrp/PersonNm5REV DR DEFOREST B SOARIES JR
IRS990/Form990PartVIISectionAGrp/PersonNm6SCOTT JEFFERY
IRS990/Form990PartVIISectionAGrp/PersonNm7REV TREVOR HYDE JR
IRS990/Form990PartVIISectionAGrp/PersonNm8VAUGHN MCKOY
IRS990/Form990PartVIISectionAGrp/PersonNm9MARTIN SOARIES
IRS990/Form990PartVIISectionAGrp/PersonNm10JANEEN UZZELL
IRS990/Form990PartVIISectionAGrp/PersonNm11REV DR DARRYL K WEBSTER
IRS990/Form990PartVIISectionAGrp/PersonNm12TRACEY WINGO-CAMPBELL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0494548
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt09
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02242
IRS990/InsuranceGrp/ProgramServicesAmt08970
IRS990/InsuranceGrp/TotalAmt011212
IRS990/InvestmentIncomeGrp/ExclusionAmt05
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt025
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0143785
IRS990/LandBldgEquipBasisNetGrp/BOYAmt072266
IRS990/LandBldgEquipBasisNetGrp/EOYAmt052189
IRS990/LandBldgEquipCostOrOtherBssAmt0195974
IRS990/LegalDomicileStateCd0NJ
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE ORGANIZATION'S MISSION IS TO PROMOTE AND EDUCATE THE PUBLIC ABOUT FINANCIAL LITERACY. THE D-FREE PROGRAM'S PURPOSE IS TO MOTIVATE INDIVIDUALS THAT ARE IN FINANCIAL CRISIS TO LEAD A DEBT-FREE LIFE. THE ORGANIZATION PROVIDES GUIDANCE AND FINANCIAL COUNSELING USING THE "D-FREE" LIVING STRATEGY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt088057
IRS990/NetAssetsOrFundBalancesEOYAmt0-93764
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt023196
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-93764
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt07202
IRS990/OccupancyGrp/ProgramServicesAmt028798
IRS990/OccupancyGrp/TotalAmt036000
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08914
IRS990/OfficeExpensesGrp/ProgramServicesAmt036063
IRS990/OfficeExpensesGrp/TotalAmt044977
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0CONSULTANTS
IRS990/OtherExpensesGrp/Desc1WEBSITE MAINTENANCE
IRS990/OtherExpensesGrp/Desc2LEASED EMPLOYEES
IRS990/OtherExpensesGrp/Desc3PROGRAM/EVENT EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt024447
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt117773
IRS990/OtherExpensesGrp/ProgramServicesAmt0125710
IRS990/OtherExpensesGrp/ProgramServicesAmt197776
IRS990/OtherExpensesGrp/ProgramServicesAmt271167
IRS990/OtherExpensesGrp/ProgramServicesAmt370894
IRS990/OtherExpensesGrp/TotalAmt0125710
IRS990/OtherExpensesGrp/TotalAmt1122223
IRS990/OtherExpensesGrp/TotalAmt288940
IRS990/OtherExpensesGrp/TotalAmt370894
IRS990/OtherLiabilitiesGrp/BOYAmt010000
IRS990/OtherLiabilitiesGrp/EOYAmt010000
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04095
IRS990/PrincipalOfficerNm0REV DR DEFOREST B SOARIES JR
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05756
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05756
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0252242
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt084
IRS990/PYOtherExpensesAmt0428148
IRS990/PYProgramServiceRevenueAmt056867
IRS990/PYRevenuesLessExpensesAmt0-212512
IRS990/PYSalariesCompEmpBnftPaidAmt093557
IRS990/PYTotalExpensesAmt0521705
IRS990/PYTotalRevenueAmt0309193
IRS990/ReconcilationRevenueExpnssAmt0-181821
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt05756
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02978
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0488787
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0252242
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01439511
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01191891
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01811732
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05184163
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt05
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt084
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt039
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt011
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt020
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0159
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt05756
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt056867
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt092539
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt018372
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt017895
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0191429
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt05
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt084
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt039
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt011
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt020
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0159
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct00.99990
IRS990ScheduleA/PublicSupportTotal509Amt05375592
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0494543
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0309109
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01532050
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01210263
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01829627
IRS990ScheduleA/Total509Grp/TotalAmt05375592
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0494548
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0309193
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01532089
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01210274
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01829647
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05375751
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/ExpensesSubtotalAmt0676369
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt052189
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0143785
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0195974
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LOAN
IRS990ScheduleD/RevenueSubtotalAmt0494548
IRS990ScheduleD/TotalBookValueLandBuildingsAmt052189
IRS990ScheduleD/TotalExpensesPerForm990Amt0676369
IRS990ScheduleD/TotalLiabilityAmt010000
IRS990ScheduleD/TotalRevenuePerForm990Amt0494548
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0494548
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0676369
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S MISSION IS TO PROMOTE AND EDUCATE THE PUBLIC ABOUT FINANCIAL LITERACY. THE D-FREE PROGRAM'S PURPOSE IS TO MOTIVATE INDIVIDUALS THAT ARE IN FINANCIAL CRISIS TO LEAD A DEBT-FREE LIFE. THE ORGANIZATION PROVIDES GUIDANCE AND FINANCIAL COUNSELING USING THE "D-FREE" LIVING STRATEGY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VOLUNTEERS SERVE ON THE BOARD AND HELP WITH EVENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DEFOREST B. SOARIES, JR MARTIN SOARIES PRES/TRUSTEE VP/TRUSTEE RELATIVES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3990 IS DISTRIBUTED TO ALL BOARD MEMBERS FOR REVIEW BEFORE IT IS FILED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONFLICT OF INTEREST POLICY IS REVIEWED AT BOARD MEETINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CERTAIN GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BOOK STORE EXPENSES 55,600 0 0 DONATIONS & AWARDS 24,242 0 0 CONTRACT SERVICES 13,096 0 0 STAFF DEVELOPMENT 8,138 2,034 0 TELEPHONE 4,765 1,191 0 LICENSES & FEES 778 195 0 TOTAL 106,619 3,420 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0183999
IRS990/TotalAssetsEOYAmt071695
IRS990/TotalAssetsGrp/BOYAmt0183999
IRS990/TotalAssetsGrp/EOYAmt071695
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0488787
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0100513
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0575856
IRS990/TotalFunctionalExpensesGrp/TotalAmt0676369
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt095942
IRS990/TotalLiabilitiesEOYAmt0165459
IRS990/TotalLiabilitiesGrp/BOYAmt095942
IRS990/TotalLiabilitiesGrp/EOYAmt0165459
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt088057
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-93764
IRS990/TotalProgramServiceExpensesAmt0575856
IRS990/TotalProgramServiceRevenueAmt05756
IRS990/TotalRevenueGrp/ExclusionAmt05
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05756
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0494548
IRS990/TotalVolunteersCnt060
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0183999
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt071695
IRS990/TravelGrp/ProgramServicesAmt013797
IRS990/TravelGrp/TotalAmt013797
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0606 FRANKLIN BLVD SUITE 2
IRS990/USAddress/CityNm0SOMERSET
IRS990/USAddress/StateAbbreviationCd0NJ
IRS990/USAddress/ZIPCd008873
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.BILLIONDOLLARPAYDOWN.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits