Civic Intelligence

Freedom United

EIN 47-1249214 • 501(c)3 • Raleigh, NC

Profile

To inspire people to become life-long abolitionists, to make changes necessary to end modern slavery.

5400 Glenwood Avenue G-01Raleigh, NC 27612

www.freedomunited.org

Siviq Scores

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

Liabilities / Assets

66th percentile

0.01x

Higher debt load relative to assets than 66% of similar nonprofits.

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

Liabilities / Revenue

67th percentile

0.01x

Higher debt load relative to revenue than 67% of similar nonprofits.

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

Net Margin

34th percentile

-6.9%

Higher net margin than 34% 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

70th percentile

12%

Faster asset growth than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

61st percentile

7.4%

Faster revenue growth than 61% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Assets

Down

$287,531

Down $30,287 (-9.5%) from 2023

Liabilities

Down

$2,955

Down $3,177 (-52%) from 2023

Net Assets

Down

$284,576

Down $27,110 (-8.7%) from 2023

Revenue

Down

$395,510

Down $81,185 (-17%) from 2023

Expenses

Up

$422,620

Up $32,260 (+8.3%) from 2023

Net Income

Down

-$27,110

Down $113,445 (-131%) from 2023

Trend Graphs

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2014: $31,725Liabilities 2014: $0Net Assets 2014: $31,7252014Assets 2015: $36,805Liabilities 2015: $377Net Assets 2015: $36,4282015Assets 2016: $80,533Liabilities 2016: $32,479Net Assets 2016: $48,0542016Assets 2017: $170,927Liabilities 2017: $20,019Net Assets 2017: $150,9082017Assets 2018: $102,930Liabilities 2018: $13,940Net Assets 2018: $88,9902018Assets 2019: $133,775Liabilities 2019: $17,829Net Assets 2019: $115,9462019Assets 2020: $369,071Liabilities 2020: $11,143Net Assets 2020: $357,9282020Assets 2021: $386,285Liabilities 2021: $5,858Net Assets 2021: $380,4272021Assets 2022: $229,146Liabilities 2022: $3,795Net Assets 2022: $225,3512022Assets 2023: $317,818Liabilities 2023: $6,132Net Assets 2023: $311,6862023Assets 2024: $287,531Liabilities 2024: $2,955Net Assets 2024: $284,5762024

Highlighted filing

2024

Assets$287,531
Liabilities$2,955
Net Assets$284,576

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2014: $139,235Expenses 2014: $107,510Net Income 2014: $31,7252014Revenue 2015: $226,990Expenses 2015: $222,287Net Income 2015: $4,7032015Revenue 2016: $727,149Expenses 2016: $715,523Net Income 2016: $11,6262016Revenue 2017: $858,880Expenses 2017: $756,026Net Income 2017: $102,8542017Revenue 2018: $669,080Expenses 2018: $730,998Net Income 2018: -$61,9182018Revenue 2019: $639,592Expenses 2019: $612,636Net Income 2019: $26,9562019Revenue 2020: $724,990Expenses 2020: $483,008Net Income 2020: $241,9822020Revenue 2021: $553,865Expenses 2021: $531,366Net Income 2021: $22,4992021Revenue 2022: $343,094Expenses 2022: $498,170Net Income 2022: -$155,0762022Revenue 2023: $476,695Expenses 2023: $390,360Net Income 2023: $86,3352023Revenue 2024: $395,510Expenses 2024: $422,620Net Income 2024: -$27,1102024

Highlighted filing

2024

Revenue$395,510
Expenses$422,620
Net Income-$27,110

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 11, 2025
Return Version
2024v5.2
Gross Receipts
$395,510
Mission and Program Overview

Mission

Audacity factory is an organization made up of entrepreneurs, non-profits, market leaders, students, businesses, universities, and foundations. Our efforts are focused on both domestic and global issues not currently getting the attention, resources, or expertise needed to create audacious outcomes. With our world-class team, we develop and support initiatives that rewrite the way we attack these issues.

To inspire people to become life-long abolitionists, to make changes necessary to end modern slavery.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$317,317$287,030▼ $30,287
Accounts Receivable$501$501→ $0
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$317,818$287,531▼ $30,287
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$6,132$2,955▼ $3,177
Total Liabilities$6,132$2,955▼ $3,177
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$311,686$284,576▼ $27,110
Total Net Assets Fund Balance$311,686$284,576▼ $27,110
Total Liabilities and Net Assets / Fund Balance$317,818$287,531▼ $30,287
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Joanna Ewart-JamesExecutive DirectorFT$131,242$131,242

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$395,510
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$395,510
Change in Net Assets
$-27,110
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$244,291
Salaries, Compensation, and Employee Benefits$178,329
Total Fundraising Expense$10,003
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$187,370--$187,370
Current Officers, Directors, Trustees, and Key Employees$131,242--$131,242
Other Salaries and Wages$43,200--$43,200
Travel$4,336--$4,336
Payroll Taxes$3,887--$3,887
All Other Expenses$2,420$336-$2,756
Office Expenses$263$2,078-$2,341
Other Expenses$1,747-$8,336$1,747
Insurance$1,162--$1,162
Fees for Services Accounting-$713-$713
Advertising$134--$134
Total Functional Expenses$409,490$3,127$10,003$422,620
International Activity

International Summary

Employees
9
Spending
$223,498

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

International Activities

RegionActivityServicesOfficesEmployeesSpending
EuropeOrg. & Program managementProgram management fees01$131,242
North AmericaProgram servicesAdvocacy consultant fees05$66,470
EuropeProgram servicesAdvocacy consultant fees02$21,115
AsiaProgram servicesAdvocacy consultant fees01$4,671
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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, Part VI, Section B, Line 11B

A copy of the Form 990 is provided to all board members for review prior to filing.

Form 990, Part VI, Section B, Line 12C

Each Board member is required to sign and acknowledge the Conflict of Interest Policy on an annual basis.

Form 990, Part VI, Section C, Line 19

The documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Freedom United
EIN
47-1249214
Phone
9195590003
Address
5400 Glenwood Avenue G-01, Raleigh, NC 27612

Signing Officer

Name
Nicole Alexander
Title
Finance Director
Signed
2025-11-11
Discuss with paid preparer
Yes

Organization Details

Formed
2014
Legal Domicile
Nc
Voting Board Members
19
Independent Board Members
19
Employees
1

Preparer

Firm
Anthony F Armento CPA PC
Address
1502 W NC Hwy 54 Suite 503, Durham, NC 27707
Preparer
Anthony F Armento
Phone
9199333421
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