Civic Intelligence

Global Freedom Foundation Inc.

EIN 47-2463058 • 501(c)3 • Charlotte, NC

Pub. 78 Eligible990-N CoverageNTEE P20

Profile

Global freedom foundation exists to empower educate and equip people to achieve freedom and lasting change for the better in their lives.

2732 Salome Church RoadCharlotte, NC 28262

globalfreedomfoundation.cc

Siviq Scores

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

Liabilities / Assets

89th percentile

0.52x

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

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

Liabilities / Revenue

90th percentile

0.39x

Higher debt load relative to revenue than 90% of similar nonprofits.

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

Net Margin

49th percentile

1.2%

Higher net margin than 49% 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

91st percentile

78%

Faster asset growth than 91% of similar nonprofits.

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

Revenue Growth

77th percentile

29%

Faster revenue growth than 77% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets89th percentile

Assets

Up

$327,837

Up $49,208 (+18%) from 2023

Liabilities

Up

$169,892

Up $43,805 (+35%) from 2023

Net Assets

Up

$157,945

Up $5,403 (+3.5%) from 2023

Operations
Liabilities / Revenue90th percentileNet Margin49th percentile

Revenue

Up

$440,432

Up $15,223 (+3.6%) from 2023

Expenses

Up

$435,029

Up $84,289 (+24%) from 2023

Net Income

Down

$5,403

Down $69,066 (-93%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth91st percentile

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

$400K$300K$200K$100K$0Assets 2022: $102,966Liabilities 2022: $24,893Net Assets 2022: $78,0732022Assets 2023: $278,629Liabilities 2023: $126,087Net Assets 2023: $152,5422023Assets 2024: $327,837Liabilities 2024: $169,892Net Assets 2024: $157,9452024

Highlighted filing

2024

Assets$327,837
Liabilities$169,892
Net Assets$157,945
Open 2024 Filing

Operations Trend

Revenue Growth77th percentile

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

$600K$400K$200K$0Revenue 2022: $266,294Expenses 2022: $190,340Net Income 2022: $75,9542022Revenue 2023: $425,209Expenses 2023: $350,740Net Income 2023: $74,4692023Revenue 2024: $440,432Expenses 2024: $435,029Net Income 2024: $5,4032024

Highlighted filing

2024

Revenue$440,432
Expenses$435,029
Net Income$5,403
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$327,837
Liabilities
$169,892
Net assets
$157,945
Revenue
$440,432
Expenses
$435,029
Net income
$5,403
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.28$1.70$1.58$4.40$4.35$0.05
2023Detailed filing. Detailed filing data is available for this year.$2.79$1.26$1.53$4.25$3.51$0.74
2022Detailed filing. Detailed filing data is available for this year.$1.03$0.25$0.78$2.66$1.90$0.76
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 7, 2025
Return Version
2024v5.1
Gross Receipts
$440,432
Mission and Program Overview

Mission

Global freedom foundation exists to empower educate and equip people to achieve freedom and lasting change for the better in their lives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$162,856$179,344▲ $16,488
Accounts Receivable$110,721$141,427▲ $30,706
Prepaid Expenses and Deferred Charges$301$288▼ $13
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$278,629$327,837▲ $49,208
Other Assets Total$4,751$6,778▲ $2,027
Liabilities
Deferred Revenue$122,079$164,959▲ $42,880
Other Liabilities$1,261$3,644▲ $2,383
Accounts Payable and Accrued Expenses$2,747$1,289▼ $1,458
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$126,087$169,892▲ $43,805
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$152,542$157,945▲ $5,403
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$152,542$157,945▲ $5,403
Total Liabilities and Net Assets / Fund Balance$278,629$327,837▲ $49,208
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Penny MaxwellPresident
Randy McCurryVice President
Fred TeumerVoting Board member
Steve HolloranVoting Board Member
Olan CarderTreasurer and Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$131,723
Program Service Revenue
$304,984
Investment Income
$1,461
Other Revenue
$2,264
All Other Contributions
$75,418
Change in Net Assets
$5,403
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$279,917
Other Expenses$135,450
Professional Fundraising Fees$19,662
Total Fundraising Expense$19,662
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$211,477$50,000$0$261,477
Fees for Services Other$28,530$16,868$0$45,398
Fees for Services Professional Fundraising--$19,662$19,662
Payroll Taxes$17,594$0$0$17,594
Fees for Services Accounting$0$9,010$0$9,010
Information Technology$0$4,643$0$4,643
All Other Expenses$0$4,327$0$4,327
Other Expenses$25$3,934$0$3,959
Insurance$0$3,753$0$3,753
Office Expenses$0$3,395$0$3,395
Fees for Services Legal$0$3,197$0$3,197
Occupancy$0$1,200$0$1,200
Other Employee Benefits$0$846$0$846
Total Functional Expenses$265,887$149,480$19,662$435,029
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$19,662
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$56,305$56,305$19,662$36,643
Event 2$0$0$0$0
Total Events$56,305$56,305$19,662$36,643
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Cards$3,644
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 11B

“Organizations process to review Form 990. The 990 is reviewed by the board of directors.”

Filing and Contact Details

Filer

Filer Name
Global Freedom Foundation Inc
EIN
47-2463058
Phone
7049700092
Address
2732 Salome Church Road, Charlotte, NC 28262

Signing Officer

Name
Olan Carder
Title
Treasurer
Phone
9807217478
Signed
2025-11-07

Organization Details

Principal Officer
Penny Maxwell
Formed
2014
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
5
Employees
6
Volunteers
0
Supplemental Narrative

Additional Explanations

Part IX, Line 11G

“Contracted services consist of tutors teachers and administrative support.”

Raw XML AppendixShowing 400 of 667 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.

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IRS990/Form990PartVIISectionAGrp/PersonNm0Penny Maxwell
IRS990/Form990PartVIISectionAGrp/PersonNm1Randy McCurry
IRS990/Form990PartVIISectionAGrp/PersonNm2Olan Carder
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IRS990/Form990PartVIISectionAGrp/TitleTxt3Voting Board Member
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IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeFromGamingGrp/ExclusionAmt00
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0152542
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0157945
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt01200
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt01200
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03395
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt03395
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04751
IRS990/OtherAssetsTotalGrp/EOYAmt06778
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0846
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0846
IRS990/OtherExpensesGrp/Desc0Supplies, Books and Materials
IRS990/OtherExpensesGrp/Desc1Bank and Finance Charges
IRS990/OtherExpensesGrp/Desc2Furnishings, Decorations and Equipment
IRS990/OtherExpensesGrp/Desc3Refreshments, Gifts and Rewards
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02794
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15693
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt239820
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt33934
IRS990/OtherExpensesGrp/ProgramServicesAmt07805
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt2456
IRS990/OtherExpensesGrp/ProgramServicesAmt325
IRS990/OtherExpensesGrp/TotalAmt010599
IRS990/OtherExpensesGrp/TotalAmt15693
IRS990/OtherExpensesGrp/TotalAmt240276
IRS990/OtherExpensesGrp/TotalAmt33959
IRS990/OtherLiabilitiesGrp/BOYAmt01261
IRS990/OtherLiabilitiesGrp/EOYAmt03644
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/Desc0Educational Support Services
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/ExclusionAmt10
IRS990/OtherRevenueMiscGrp/ExclusionAmt20
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt10
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt20
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02264
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt10
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt20
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt10
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt20
IRS990/OtherRevenueTotalAmt02264
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt050000
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0211477
IRS990/OtherSalariesAndWagesGrp/TotalAmt0261477
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt017594
IRS990/PayrollTaxesGrp/TotalAmt017594
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0301
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0288
IRS990/PrincipalOfficerNm0Penny Maxwell
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd0true
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0Educational support services Other schools and instruction
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/ExclusionAmt40
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt10
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt20
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt30
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt40
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0304984
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt10
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt20
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt30
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt40
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10

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