Liabilities / Assets
49th percentile
Tied with the lowest-debt nonprofits in its peer group.
990EZ • Fiscal year 2015 • EIN 56-2024977
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
49th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
49th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
26th percentile
Higher net margin than 26% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 13.8% of source-year revenue.
Asset Growth
10th percentile
Faster asset growth than 10% of similar nonprofits.
Revenue Growth
66th percentile
Faster revenue growth than 66% of similar nonprofits.
Assets
Down$10,220
Down $8,032 (-44%) from 2014
Net Assets
Down$10,220
Down $8,032 (-44%) from 2014
Liabilities
Flat$0
Flat from 2014
Revenue
Up$113,508
Up $16,403 (+17%) from 2014
Expenses
Up$121,540
Up $3,318 (+2.8%) from 2014
Net Income
Up-$8,032
Up $13,085 (+62%) from 2014
The Carolinas Freedom Foundation mission is to inspire patriotism and leadership in our community, especially in our youth.
The Carolinas Freedom Foundation strives to honor those who serve in our military and educate young people on the importance of citizenship and freedom.
| 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. | $15,000 | $31,601 |
| SCHOLARSHIP SUPPORT TO THE GEN. HUGH SHELTON LEADERSHIP INITIATIVE PROGRAM FOR 30 CHARLOTTE, NC AREA YOUTH RECEIVING LEADERSHIP SKILLS TRAINING. | $5,000 | $18,178 |
| CAROLINA'S PARADE FOR VETERANS: OVER 10,000 PEOPLE ATTENDED OR PARTICIPATED INCLUDING AREA HIGH SCHOOL BANDS, ROTC SQUADRONS, VETERANS AND NATIONAL GUARD UNITS. | $5,000 | $5,000 |
| SEE ATTACHED | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| OSBORNE OAKLEY | Executive Director | PT | $15,693 | - | $15,693 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Sporting Event-patriot Bowl | $36,950 | $31,950 | $20,644 | $11,306 |
| Total Events | $36,950 | $31,950 | $20,644 | $11,306 |
“Jr. Rotc awards ceremony: ceremony to honor all mecklenburg county high school jr. Rotc participants. Held in bojangles arena. Approximately 3,000 attendees and participants" cost:$9,639”
“Patriotic art forum: metro area competition for all high school and middle school students focusing on an annual them promoting patriotism cost: $3,539”
“Part ii, line 24: receivables for pledged revenue received in 2016: $4,280”
“Provide economic support to a veterans group; donation for; purple heart homes: 691 island ford road”
“Provide economic support to an organization; provide assistance; uso of north carolina: po box 91536”
“Event costs for jr rotc awards ceremony 9639.”
“Veterans day freedom rally/program/parade 5000.”
“Veterans day/freedom award breakfast 31601.”
“Scholarships - brig gen shelton training program 18178.”
“Patriotic art contest 3539.”
“Program receivables 4280. 2204.”
“VENDOR PAYABLES 0.”
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/AddressLine1Txt | 0 | 2718 PHILLIPS GATE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | DR |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 28210 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 13972 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 8016 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 97202 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -8032 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 11250 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 18252 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 10220 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 36950 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 0 |
| IRS990EZ/GamingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 10000 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 134152 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 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 | 18252 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 10220 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 18252 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 10220 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 4630 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 30.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 15693 |
| 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/OtherAssetsTotalDetail/BOYAmt | 0 | 4280 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 2204 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 67957 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | The Carolinas Freedom Foundation strives to honor those who serve in our military and educate young people on the importance of citizenship and freedom. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 12010 |
| 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 | 5000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 2 | 15000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 5000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 18178 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 31601 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 15693 |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 20644 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 16306 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NC |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 121540 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 54779 |
| IRS990EZ/TotalRevenueAmt | 0 | 113508 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.CAROLINASFREEDOMFOUNDATION.COM |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 97202 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 86573 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 96000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 150393 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 106500 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 536668 |
| 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 | 536668 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 97202 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 86573 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 96000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 150393 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 106500 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 536668 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 536668 |
| 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 | 5000 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt | 0 | 5000 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 20644 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | SPORTING EVENT-PATRIOT BOWL |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 36950 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 36950 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 31950 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 31950 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 11306 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 20644 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 20644 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | JR. ROTC AWARDS CEREMONY: CEREMONY TO HONOR ALL MECKLENBURG COUNTY HIGH SCHOOL JR. ROTC PARTICIPANTS. HELD IN BOJANGLES ARENA. APPROXIMATELY 3,000 ATTENDEES AND PARTICIPANTS" COST:$9,639 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | PATRIOTIC ART FORUM: METRO AREA COMPETITION FOR ALL HIGH SCHOOL AND MIDDLE SCHOOL STUDENTS FOCUSING ON AN ANNUAL THEM PROMOTING PATRIOTISM COST: $3,539 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | PART II, LINE 24: RECEIVABLES FOR PLEDGED REVENUE RECEIVED IN 2016: $4,280 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | PROVIDE ECONOMIC SUPPORT TO A VETERANS GROUP; DONATION FOR; PURPLE HEART HOMES: 691 ISLAND FORD ROAD |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | PROVIDE ECONOMIC SUPPORT TO AN ORGANIZATION; PROVIDE ASSISTANCE; USO OF NORTH CAROLINA: PO BOX 91536 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | EVENT COSTS FOR JR ROTC AWARDS CEREMONY 9639. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | VETERANS DAY FREEDOM RALLY/PROGRAM/PARADE 5000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | VETERANS DAY/FREEDOM AWARD BREAKFAST 31601. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | SCHOLARSHIPS - BRIG GEN SHELTON TRAINING PROGRAM 18178. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | PATRIOTIC ART CONTEST 3539. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | PROGRAM RECEIVABLES 4280. 2204. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | VENDOR PAYABLES 0. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt III, Line 31 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Pt III, Line 31 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990EZ, Part I, Line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990EZ, Part I, Line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Form 990EZ, Part II, Line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Form 990EZ, Part II, Line 26 |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | OSBORNE OAKLEY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | OSBOURNE OAKLEY |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7043330377 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-05-10 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | CAROLINAS FREEDOM FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CARO |
| ReturnHeader/Filer/EIN | 0 | 562024977 |
| ReturnHeader/Filer/PhoneNum | 0 | 7043330377 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2718 PHILLIPS GATE DRIVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CHARLOTTE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 28210 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | FARRIS COOKE & ASSOCIATES PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 118 S COLONIAL AVE STE 200 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | CHARLOTTE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 28207 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7043729406 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | R GRAY LANGLEY CPA |
| ReturnHeader/ReturnTs | 0 | 2016-11-15T13:40:37-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-12-31 |
| ReturnHeader/TaxYr | 0 | 2015 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.