Liabilities / Assets
62nd percentile
Higher debt load relative to assets than 62% of similar nonprofits.
990EZ • Fiscal year 2013 • EIN 56-2024977
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
62nd percentile
Higher debt load relative to assets than 62% of similar nonprofits.
Liabilities / Revenue
58th percentile
Higher debt load relative to revenue than 58% of similar nonprofits.
Net Margin
26th percentile
Higher net margin than 26% of similar nonprofits.
Top Officer Pay
85th percentile
Higher top officer pay than 85% of similar nonprofits.
Top officer pay equals 14.6% of source-year revenue.
Asset Growth
20th percentile
Faster asset growth than 20% of similar nonprofits.
Revenue Growth
19th percentile
Faster revenue growth than 19% of similar nonprofits.
Assets
Down$40,892
Down $9,110 (-18%) from 2012
Net Assets
Down$39,369
Down $10,633 (-21%) from 2012
Liabilities
$1,523
No earlier filing loaded for comparison.
Revenue
Down$123,420
Down $41,389 (-25%) from 2012
Expenses
Down$134,053
Down $4,733 (-3.4%) from 2012
Net Income
Down-$10,633
Down $36,656 (-141%) from 2012
The Carolinas Freedom Foundation mission is to inspire patriotism and leadership in our community, especially in our youth.
Training future leaders and supporting veterans in the charlotte area
| Description | Grants | Expenses |
|---|---|---|
| FREEDOM BREAKFAST: OVER 700 PEOPLE ATTENDED A BREAKFAST HONORING VETERANS, MILITARY PERSONNEL AND CIVILIANS FOR OUTSTANDING SERVICE TO OUR COUNTRY THROUGH THEIR PAST AND CURRENT MERITORIOUS DEEDS. | $25,000 | $27,393 |
| SCHOLARSHIP SUPPORT TO THE GEN. HUGH SHELTON LEADERSHIP INITIATIVE PROGRAM FOR 30 CHARLOTTE, NC AREA YOUTH RECEIVING LEADERSHIP SKILLS TRAINING. | $5,000 | $15,350 |
| SEE ATTACHED | $5,000 | $14,900 |
| CAROLINA'S PARADE FOR VETERANS: OVER 10,000 PEOPLE ATTENDED OR PARTICIPATED INCLUDING AREA HIGH SCHOOL BANDS, ROTC SQUADRONS, VETERANS AND NATIONAL GUARD UNITS. | - | $5,610 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| OSBORNE OAKLEY | Executive Director | PT | $18,000 | - | $18,000 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Event 1 | $41,850 | $21,850 | $14,430 | $7,420 |
| Total Events | $41,850 | $21,850 | $14,430 | $7,420 |
“Jr. Rotc awards ceremony: ceremony to honor all mecklenburg county”
“High school jr. Rotc participants. Held in bojangles arena. Approximately 3,000”
“Attended including participants and their guests. Cost: $13,100”
“Flags in classrooms: providing american flags to the mecklenburg co.”
“School system. The flags are kept in the the mecklenburg county school system”
“Teacher supply store. Cost: $1,800 benefit to over 30 classrooms”
“Provide economic support to a veterans group donation to purple heart homes none 10000. Provide economic support to a veterans group donation to provide operation home front none 10000.”
“Event costs for jr rotc awards ceremony 13100. Flags in classrooms expense 1800. Veterans day freedom rally/program/parade 5610. Scholarships - brig gen shelton training program 15350. Veterans day/freedom award breakfast expense 27393. Flags in the classroom 1800. Junior rotc recognition program 13100.”
“VENDOR PAYABLES 1523.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | OSBORNE OAKLEY |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7043330377 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 2718 PHILLIPS GATE |
| IRS990EZ/BooksInCareOfDetail/USAddress/City | 0 | DR |
| IRS990EZ/BooksInCareOfDetail/USAddress/State | 0 | NC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 28210 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 50002 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 40892 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 96000 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -10633 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 12000 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 50002 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 40892 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 41850 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 0 |
| IRS990EZ/GamingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 20000 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 137850 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 50002 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 39369 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 50002 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 39369 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 30.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 18000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | OSBORNE OAKLEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | EXECUTIVE DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 78153 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TRAINING FUTURE LEADERS AND SUPPORTING VETERANS IN THE CHARLOTTE AREA |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 5900 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | CAROLINA'S PARADE FOR VETERANS: OVER 10,000 PEOPLE ATTENDED OR PARTICIPATED INCLUDING AREA HIGH SCHOOL BANDS, ROTC SQUADRONS, VETERANS AND NATIONAL GUARD UNITS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | SCHOLARSHIP SUPPORT TO THE GEN. HUGH SHELTON LEADERSHIP INITIATIVE PROGRAM FOR 30 CHARLOTTE, NC AREA YOUTH RECEIVING LEADERSHIP SKILLS TRAINING. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | FREEDOM BREAKFAST: OVER 700 PEOPLE ATTENDED A BREAKFAST HONORING VETERANS, MILITARY PERSONNEL AND CIVILIANS FOR OUTSTANDING SERVICE TO OUR COUNTRY THROUGH THEIR PAST AND CURRENT MERITORIOUS DEEDS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 3 | SEE ATTACHED |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 5000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 25000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 2 | 5000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 5610 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 15350 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 27393 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 3 | 14900 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 18000 |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 14430 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 27420 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NC |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 1523 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 134053 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 63253 |
| IRS990EZ/TotalRevenueAmt | 0 | 123420 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.CAROLINASFREEDOMFOUNDATION.COM |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 96000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 150393 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 106500 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 118328 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 89156 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 560377 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 560377 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 96000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 150393 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 106500 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 118328 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 89156 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 560377 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 560377 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt | 0 | 20000 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt | 0 | 20000 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 14430 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 41850 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 41850 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 21850 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 21850 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt | 0 | SPORTING EVENT-PATRIOT BOWL |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 7420 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 14430 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 14430 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | JR. ROTC AWARDS CEREMONY: CEREMONY TO HONOR ALL MECKLENBURG COUNTY |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | HIGH SCHOOL JR. ROTC PARTICIPANTS. HELD IN BOJANGLES ARENA. APPROXIMATELY 3,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ATTENDED INCLUDING PARTICIPANTS AND THEIR GUESTS. COST: $13,100 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | FLAGS IN CLASSROOMS: PROVIDING AMERICAN FLAGS TO THE MECKLENBURG CO. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | SCHOOL SYSTEM. THE FLAGS ARE KEPT IN THE THE MECKLENBURG COUNTY SCHOOL SYSTEM |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | TEACHER SUPPLY STORE. COST: $1,800 BENEFIT TO OVER 30 CLASSROOMS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | PROVIDE ECONOMIC SUPPORT TO A VETERANS GROUP DONATION TO PURPLE HEART HOMES NONE 10000. PROVIDE ECONOMIC SUPPORT TO A VETERANS GROUP DONATION TO PROVIDE OPERATION HOME FRONT NONE 10000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | EVENT COSTS FOR JR ROTC AWARDS CEREMONY 13100. FLAGS IN CLASSROOMS EXPENSE 1800. VETERANS DAY FREEDOM RALLY/PROGRAM/PARADE 5610. SCHOLARSHIPS - BRIG GEN SHELTON TRAINING PROGRAM 15350. VETERANS DAY/FREEDOM AWARD BREAKFAST EXPENSE 27393. FLAGS IN THE CLASSROOM 1800. JUNIOR ROTC RECOGNITION PROGRAM 13100. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | VENDOR PAYABLES 1523. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt III, Line 31 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Pt III, Line 31 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Pt III, Line 31 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Pt III, Line 31 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Pt III, Line 31 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Pt III, Line 31 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990EZ, Part I, Line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Form 990EZ, Part II, Line 26 |
| ReturnHeader/BuildTS | 0 | 2015-11-30 17:44:51Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | OSBORNE OAKLEY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7043330377 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2014-05-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | CAROLINAS FREEDOM FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CARO |
| ReturnHeader/Filer/EIN | 0 | 562024977 |
| ReturnHeader/Filer/PhoneNum | 0 | 7043330377 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 2718 PHILLIPS GATE DRIVE |
| ReturnHeader/Filer/USAddress/City | 0 | CHARLOTTE |
| ReturnHeader/Filer/USAddress/State | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 28210 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1 | 0 | FARRIS COOKE & ASSOCIATES PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1 | 0 | 118 S COLONIAL AVE STE 200 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City | 0 | CHARLOTTE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State | 0 | NC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode | 0 | 28207 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7043729406 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | R GRAY LANGLEY CPA |
| ReturnHeader/ReturnTs | 0 | 2014-10-15T16:17:54-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2013-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2013-12-31 |
| ReturnHeader/TaxYr | 0 | 2013 |
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Displayed year
2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.