Civic Intelligence

Free Enterprise Inc

EIN 55-0911428 • 501(c)3 • Selinsgrove, PA

Profile

To ensure that every young person in pennsylvania, with a particular focus on students from low and moderate income families, will understand essential economic and financial literacy concepts; benefits by using economic ways of thinking and problem solving skills, and has a continuous understanding of the nature and structure of the global economy in relationship to individual freedom and liberty.

195 Airport RoadSelinsgrove, PA 17870

www.freeenterpriseinc.org

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.04x

Higher debt load relative to assets than 73% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

77th percentile

0.04x

Higher debt load relative to revenue than 77% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

80th percentile

27%

Higher net margin than 80% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

86th percentile

46%

Faster asset growth than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

52nd percentile

0.1%

Faster revenue growth than 52% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Up

$128,273

Up $40,674 (+46%) from 2014

Liabilities

Up

$5,330

Up $5,330 from 2014

Net Assets

Up

$122,943

Up $35,344 (+40%) from 2014

Operations
Liabilities / Revenue77th percentileNet Margin80th percentile

Revenue

Up

$128,627

Up $127 (+0.1%) from 2014

Expenses

Up

$93,283

Up $34,638 (+59%) from 2014

Net Income

Down

$35,344

Down $34,511 (-49%) from 2014

Trend Graphs

Balance Sheet Trend

Asset Growth86th percentile

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

$150K$100K$50K$0Assets 2011: $0Liabilities 2011: $02011Assets 2012: $42,763Liabilities 2012: $22,400Net Assets 2012: $20,3632012Assets 2013: $37,744Liabilities 2013: $20,000Net Assets 2013: $17,7442013Assets 2014: $87,599Liabilities 2014: $0Net Assets 2014: $87,5992014Assets 2015: $128,273Liabilities 2015: $5,330Net Assets 2015: $122,9432015

Highlighted filing

2015

Assets$128,273
Liabilities$5,330
Net Assets$122,943
Open 2015 Filing

Operations Trend

Revenue Growth52nd percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $0Expenses 2011: $0Net Income 2011: $02011Revenue 2012: $67,410Expenses 2012: $47,047Net Income 2012: $20,3632012Revenue 2013: $66,553Expenses 2013: $69,172Net Income 2013: -$2,6192013Revenue 2014: $128,500Expenses 2014: $58,645Net Income 2014: $69,8552014Revenue 2015: $128,627Expenses 2015: $93,283Net Income 2015: $35,3442015

Highlighted filing

2015

Revenue$128,627
Expenses$93,283
Net Income$35,344
Open 2015 Filing

Filings

Most recent year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$128,273
Liabilities
$5,330
Net assets
$122,943
Revenue
$128,627
Expenses
$93,283
Net income
$35,344
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Detailed filing. Detailed filing data is available for this year.$1.28$0.05$1.23$1.29$0.93$0.35
2014Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$1.29$0.59$0.70
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$0.20$0.18$0.67$0.69$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.22$0.20$0.67$0.47$0.20
2011Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 9, 2016
Return Version
2014v6.0
Gross Receipts
$128,627
Mission and Program Overview

Mission

To ensure that every young person in pennsylvania, with a particular focus on students from low and moderate income families, will understand essential economic and financial literacy concepts; benefits by using economic ways of thinking and problem solving skills, and has a continuous understanding of the nature and structure of the global economy in relationship to individual freedom and liberty.

Program Services

DescriptionGrantsExpenses
THE ORGRANIZATION AWARDS SCHOLARSHIPS TO PENNSYLVANIA K-12 STUDENTS FROM LOW TO MODERATE INCOME FAMILIES IN ACCORDANCE WITH THE COMMONWEALTH OF PENNSYLVANIA'S EDUCATIONAL IMPROVEMENT TAX CREDIT AND OPPORTUNITY SCHOLARSHIP TAX CREDIT PROGRAMS.$67,300$67,300
THE ORGRANIZATION SEEKS TO DESIGN CONFERENCES AND TEACHER WORKSHOPS THAT ASSISTS SCHOOLS IN DEVELOPING EFFECTIVE, HAND-ON AND HIGH INTEREST ECONOMIC EDUCATION PLANS THAT MEETS THE PENNSYLVANIA DEPARTMENT OF EDUCATION STANDARDS IN ECONOMICS.--
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
NATHAN K PARKER JRPresident-$0--
SAMUEL S ZACHARIASVice President-$0--
MICHAEL CROSSEYDirector-$0--
THOMAS J GILLESPIE JRDirector-$0--
MICHAEL W COOLEYDirector-$0--
CINDY RUSSELLSecretary-$0--
TERI MACBRIDEDirector-$0--
ANDY RUSSELLDirector-$0--
DONALD REMMEYTreasurerPT$0--
CAROL SEMPLE THOMPSONDirector-$0--
FRITZ HEINEMANNManaging DirectPT$0--
LLOYD LAMMDirector-$0--
SIMONA LOVIKDirector-$0--
Filing and Contact Details

Filer

Filer Name
Free Enterprise Inc
EIN
55-0911428
Phone
5707137765
Address
195 AIRPORT ROAD, SELINSGROVE, PA 17870

Signing Officer

Name
Fritz Heinemann
Title
Managing Director
Signed
2016-05-09
Discuss with paid preparer
Yes

Preparer

Firm
Brewer & Company LLC
Address
420 W 5TH ST, BLOOMSBURG, PA 17815-1563
Preparer
Daniel K Brewer CPA
Phone
5707841111
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

“| Cash Amount Given: $67300”

Other Expenses.1

“BANK CHARGES $653”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $5330”

Raw XML Appendix183 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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ReturnHeader/BuildTS02016-08-17 19:52:53Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0FRITZ HEINEMANN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGING DIRECTOR
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FREE ENTERPRISE INC
ReturnHeader/Filer/BusinessNameControlTxt0FREE
ReturnHeader/Filer/EIN0550911428
ReturnHeader/Filer/PhoneNum05707137765
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ReturnHeader/ReturnTs02016-05-09T08:26:28-07:00
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ReturnHeader/TaxYr02014

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