Civic Intelligence

Free Enterprise Inc

990EZ • Fiscal year 2015 • EIN 55-0911428

Jul 01, 2014 to Jun 30, 2015 • Filed on May 09, 2016

Organization Profilewww.freeenterpriseinc.org
195 Airport RoadSelinsgrove, PA 17870

(570) 713-7765

Siviq Scores

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

Liabilities / Assets

70th percentile

0.04x

Higher debt load relative to assets than 70% of similar nonprofits.

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

Liabilities / Revenue

74th percentile

0.04x

Higher debt load relative to revenue than 74% of similar nonprofits.

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

Net Margin

82nd percentile

27%

Higher net margin than 82% of similar nonprofits.

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

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

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

Asset Growth

83rd percentile

46%

Faster asset growth than 83% of similar nonprofits.

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

Revenue Growth

48th percentile

0.1%

Faster revenue growth than 48% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets70th percentile

Assets

Up

$128,273

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

Net Assets

Up

$122,943

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

Liabilities

Up

$5,330

Up $5,330 from 2014

Revenue And Expenses
Liabilities / Revenue74th percentileNet Margin82nd 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

Historical Trend

Balance Sheet Trend

Asset Growth83rd percentile

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

$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 Growth48th percentile

Revenue, expenses, and net income across loaded years, with this 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
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 Pay75th 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0NATHAN K PARKER JR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Treasurer
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt12Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0653
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO 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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE 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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THE 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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt067300
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt067300
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SchoolOperatingInd0false
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Cash Amount Given: $67300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BANK CHARGES $653
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $5330
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Total Liabilities.1001
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0FRITZ HEINEMANN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGING DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FREE ENTERPRISE INC
ReturnHeader/Filer/BusinessNameControlTxt0FREE
ReturnHeader/Filer/EIN0550911428
ReturnHeader/Filer/PhoneNum05707137765
ReturnHeader/Filer/USAddress/AddressLine1Txt0195 AIRPORT ROAD
ReturnHeader/Filer/USAddress/CityNm0SELINSGROVE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd017870
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BREWER & COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0420 W 5TH ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BLOOMSBURG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0178151563
ReturnHeader/PreparerPersonGrp/PhoneNum05707841111
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANIEL K BREWER CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-05-09T08:26:28-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed 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