Civic Intelligence

Carolinas Freedom Foundation

990EZ • Fiscal year 2023 • EIN 56-2024977

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 24, 2024

Organization ProfileWWW.CAROLINASFREEDOMFOUNDATION.COM
7804 Fairview Road 284Charlotte, NC 28226

(980) 422-3733

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

50th percentile

6.8%

Higher net margin than 50% of similar nonprofits.

2023 filings • NTEE A99 • <$500k nonprofits • Source year 2023

Top Officer Pay

96th percentile

$48,000

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 55.0% of source-year revenue.

2023 filings • NTEE A99 • <$500k nonprofits • Source year 2023

Asset Growth

61st percentile

12%

Faster asset growth than 61% of similar nonprofits.

2023 filings • NTEE A99 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

38th percentile

-14%

Faster revenue growth than 38% of similar nonprofits.

2023 filings • NTEE A99 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$57,792

Up $5,979 (+12%) from 2022

Net Assets

Up

$57,792

Up $5,979 (+12%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin50th percentile

Revenue

Down

$87,315

Down $14,127 (-14%) from 2022

Expenses

Down

$81,336

Down $19,067 (-19%) from 2022

Net Income

Up

$5,979

Up $4,940 (+475%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth61st percentile

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

$100K$50K$0Assets 2010: $21,694Net Assets 2010: $21,6942010Assets 2011: $23,979Net Assets 2011: $23,9792011Assets 2012: $50,002Net Assets 2012: $50,0022012Assets 2013: $40,892Liabilities 2013: $1,523Net Assets 2013: $39,3692013Assets 2014: $18,252Liabilities 2014: $0Net Assets 2014: $18,2522014Assets 2015: $10,220Liabilities 2015: $0Net Assets 2015: $10,2202015Assets 2016: $26,971Liabilities 2016: $0Net Assets 2016: $26,9712016Assets 2017: $47,616Liabilities 2017: $1,500Net Assets 2017: $46,1162017Assets 2018: $29,170Liabilities 2018: $0Net Assets 2018: $29,1702018Assets 2019: $23,357Liabilities 2019: $16,200Net Assets 2019: $7,1572019Assets 2020: $45,448Liabilities 2020: $2,250Net Assets 2020: $43,1982020Assets 2022: $51,813Liabilities 2022: $0Net Assets 2022: $51,8132022Assets 2023: $57,792Net Assets 2023: $57,7922023Assets 2024: $80,764Net Assets 2024: $80,7642024

Highlighted filing

2023

Assets$57,792
Liabilities-
Net Assets$57,792
Open 2023 Filing

Operations Trend

Revenue Growth38th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2010: $118,328Expenses 2010: $110,793Net Income 2010: $7,5352010Revenue 2011: $106,500Expenses 2011: $104,215Net Income 2011: $2,2852011Revenue 2012: $164,809Expenses 2012: $138,786Net Income 2012: $26,0232012Revenue 2013: $123,420Expenses 2013: $134,053Net Income 2013: -$10,6332013Revenue 2014: $97,105Expenses 2014: $118,222Net Income 2014: -$21,1172014Revenue 2015: $113,508Expenses 2015: $121,540Net Income 2015: -$8,0322015Revenue 2016: $109,497Expenses 2016: $92,746Net Income 2016: $16,7512016Revenue 2017: $118,525Expenses 2017: $99,380Net Income 2017: $19,1452017Revenue 2018: $100,390Expenses 2018: $117,336Net Income 2018: -$16,9462018Revenue 2019: $90,824Expenses 2019: $112,837Net Income 2019: -$22,0132019Revenue 2020: $89,901Expenses 2020: $53,860Net Income 2020: $36,0412020Revenue 2022: $101,442Expenses 2022: $100,403Net Income 2022: $1,0392022Revenue 2023: $87,315Expenses 2023: $81,336Net Income 2023: $5,9792023Revenue 2024: $106,268Expenses 2024: $83,296Net Income 2024: $22,9722024

Highlighted filing

2023

Revenue$87,315
Expenses$81,336
Net Income$5,979
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 24, 2024
Return Version
2023v6.0
Gross Receipts
$156,508
Mission and Program Overview

Mission

The Carolinas Freedom Foundation mission is to inspire patriotism and leadership in our community, especially in our youth.

Program Services

DescriptionGrantsExpenses
FREEDOM BREAKFAST: OVER 300 PEOPLE ATTENDED A BREAKFAST/ FUNDRAISER HONORING BOTH VETERANS AND CIVILIANS FOR OUTSTANDING SERVICE TO OUR COUNTRYTHROUGH THEIR PAST AND CURRENT MERITORIOUS ACTS OF SELFLESS SERVICE$10,000$32,232
SPONSORSHIP OF YOUTH CHARACTER BUILDING CAMP APPROXIMATELY 10 PARTICIPANTS$0$3,850
PATRIOTIC ART FORUM: METRO AREA COMPETITION FOR ALL HIGH SCHOOLAND MIDDLE SCHOOL STUDENTS FOCUSING ON AN ANNUAL THEME PROMOTINGPATRIOTISM: APPROXIMATELY 150 PARTICIPANTS:$0$1,673
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SUSAN YARBERExec. DirectorPT$48,000-$48,000
Filing and Contact Details

Filer

Filer Name
Carolinas Freedom Foundation
EIN
56-2024977
Phone
9804223733
Address
7804 FAIRVIEW ROAD 284, CHARLOTTE, NC 28226

Signing Officer

Name
Gray Langley
Title
Treasurer
Phone
9804223733
Signed
2024-04-24
Discuss with paid preparer
Yes

Preparer

Firm
Farris Cooke & Associates Pa
Address
118 S COLONIAL AVE STE 200, CHARLOTTE, NC 28207
Preparer
Gray Langley CPA
Phone
7043729406
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Patriotic art contest 1673.”

Form 990EZ, Part I, Line 16

“Jr rotc awards ceremony 2184.”

Form 990EZ, Part I, Line 16

“Leadership training initiatives 2000.”

Form 990EZ, Part I, Line 16

“CYBER CAMP 1850.”

Form 990EZ, Part I, Line 16

“Charitable donations 9200.”

Form 990EZ, Part I, Line 16

“OFFICE AND OTHER 8163.”

Form 990EZ, Part I, Line 16

“RISING STARS EVENT 6753.”

Form 990EZ, Part II, Line 24

“Pledge receivables 11500. 0.”

Form 990EZ, Part II, Line 24

“DEPOSITS 1200. 1200.”

Raw XML Appendix167 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/BooksInCareOfDetail/USAddress/CityNm0CHARLOTTE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt048000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXEC. DIRECTOR
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IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt01200
IRS990EZ/OtherExpensesTotalAmt031823
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The Carolinas Freedom Foundation mission is to inspire patriotism and leadership in our community, especially in our youth.
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FREEDOM BREAKFAST: OVER 300 PEOPLE ATTENDED A BREAKFAST/ FUNDRAISER HONORING BOTH VETERANS AND CIVILIANS FOR OUTSTANDING SERVICE TO OUR COUNTRYTHROUGH THEIR PAST AND CURRENT MERITORIOUS ACTS OF SELFLESS SERVICE
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PATRIOTIC ART FORUM: METRO AREA COMPETITION FOR ALL HIGH SCHOOLAND MIDDLE SCHOOL STUDENTS FOCUSING ON AN ANNUAL THEME PROMOTINGPATRIOTISM: APPROXIMATELY 150 PARTICIPANTS:
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2SPONSORSHIP OF YOUTH CHARACTER BUILDING CAMP APPROXIMATELY 10 PARTICIPANTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt010000
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt032232
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt11673
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt23850
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SalariesOtherCompEmplBnftAmt048000
IRS990EZ/SaleOfAssetsGrossAmt076587
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NC
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt081336
IRS990EZ/TotalProgramServiceExpensesAmt037755
IRS990EZ/TotalRevenueAmt087315
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.CAROLINASFREEDOMFOUNDATION.COM
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt079921
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt086032
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt066421
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt062792
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt070757
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0365923
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
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IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt079921
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt086032
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt062792
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt070757
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0365923
IRS990ScheduleA/TotalSupportAmt0365923
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PATRIOTIC ART CONTEST 1673.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1JR ROTC AWARDS CEREMONY 2184.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LEADERSHIP TRAINING INITIATIVES 2000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CYBER CAMP 1850.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CHARITABLE DONATIONS 9200.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OFFICE AND OTHER 8163.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6RISING STARS EVENT 6753.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PLEDGE RECEIVABLES 11500. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DEPOSITS 1200. 1200.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part II, Line 24
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GRAY LANGLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09804223733
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CAROLINAS FREEDOM FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0CARO
ReturnHeader/Filer/EIN0562024977
ReturnHeader/Filer/PhoneNum09804223733
ReturnHeader/Filer/USAddress/AddressLine1Txt07804 FAIRVIEW ROAD 284
ReturnHeader/Filer/USAddress/CityNm0CHARLOTTE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028226
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561308683
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FARRIS COOKE & ASSOCIATES PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0118 S COLONIAL AVE STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLOTTE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028207
ReturnHeader/PreparerPersonGrp/PhoneNum07043729406
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GRAY LANGLEY CPA
ReturnHeader/ReturnTs02025-05-01T15:58:02-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$57,792
Liabilities
-
Net assets
$57,792
Revenue
$87,315
Expenses
$81,336
Net income
$5,979
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.81$0.81$1.06$0.83$0.23
2023Detailed filing. Detailed filing data is available for this year.$0.58$0.58$0.87$0.81$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.52$0.00$0.52$1.01$1.00$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.45$0.02$0.43$0.90$0.54$0.36
2019Detailed filing. Detailed filing data is available for this year.$0.23$0.16$0.07$0.91$1.13$0.22
2018Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$1.00$1.17$0.17
2017Detailed filing. Detailed filing data is available for this year.$0.48$0.02$0.46$1.19$0.99$0.19
2016Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$1.09$0.93$0.17
2015Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$1.14$1.22$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.97$1.18$0.21
2013Detailed filing. Detailed filing data is available for this year.$0.41$0.02$0.39$1.23$1.34$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.50$1.65$1.39$0.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.24$1.07$1.04$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.22$1.18$1.11$0.08