Civic Intelligence

The Future of Freedom Foundation

EIN 74-2543375 • 501(c)3 • Fairfax, VA

Profile

ECONOMIC EDUCATION

11350 Random Hills RoadFairfax, VA 22030-6044

www.fff.org

Siviq Scores

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

Liabilities / Assets

76th percentile

0.06x

Higher debt load relative to assets than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

79th percentile

0.05x

Higher debt load relative to revenue than 79% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

19th percentile

-31%

Higher net margin than 19% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

97th percentile

$79,847

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 25.5% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

28th percentile

-27%

Faster asset growth than 28% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

23rd percentile

-38%

Faster revenue growth than 23% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$278,891

Down $101,743 (-27%) from 2023

Liabilities

Down

$16,503

Down $6,991 (-30%) from 2023

Net Assets

Down

$262,388

Down $94,752 (-27%) from 2023

Revenue

Down

$312,822

Down $191,191 (-38%) from 2023

Expenses

Down

$409,188

Down $17,577 (-4.1%) from 2023

Net Income

Down

-$96,366

Down $173,614 (-225%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $514,782Liabilities 2011: $40,676Net Assets 2011: $474,1062011Assets 2012: $382,772Liabilities 2012: $34,372Net Assets 2012: $348,4002012Assets 2013: $249,980Liabilities 2013: $30,978Net Assets 2013: $219,0022013Assets 2014: $234,542Liabilities 2014: $27,705Net Assets 2014: $206,8372014Assets 2015: $324,499Liabilities 2015: $43,430Net Assets 2015: $281,0692015Assets 2016: $341,426Liabilities 2016: $29,839Net Assets 2016: $311,5872016Assets 2017: $424,931Liabilities 2017: $24,697Net Assets 2017: $400,2342017Assets 2018: $459,846Liabilities 2018: $19,292Net Assets 2018: $440,5542018Assets 2019: $499,049Liabilities 2019: $21,378Net Assets 2019: $477,6712019Assets 2020: $392,387Liabilities 2020: $17,268Net Assets 2020: $375,1192020Assets 2021: $303,495Liabilities 2021: $21,095Net Assets 2021: $282,4002021Assets 2022: $307,018Liabilities 2022: $27,126Net Assets 2022: $279,8922022Assets 2023: $380,634Liabilities 2023: $23,494Net Assets 2023: $357,1402023Assets 2024: $278,891Liabilities 2024: $16,503Net Assets 2024: $262,3882024

Highlighted filing

2024

Assets$278,891
Liabilities$16,503
Net Assets$262,388

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $660,504Expenses 2011: $547,490Net Income 2011: $113,0142011Revenue 2012: $548,693Expenses 2012: $674,720Net Income 2012: -$126,0272012Revenue 2013: $443,610Expenses 2013: $571,931Net Income 2013: -$128,3212013Revenue 2014: $522,074Expenses 2014: $534,018Net Income 2014: -$11,9442014Revenue 2015: $519,501Expenses 2015: $445,072Net Income 2015: $74,4292015Revenue 2016: $420,172Expenses 2016: $389,653Net Income 2016: $30,5192016Revenue 2017: $500,531Expenses 2017: $411,757Net Income 2017: $88,7742017Revenue 2018: $458,791Expenses 2018: $418,471Net Income 2018: $40,3202018Revenue 2019: $559,706Expenses 2019: $522,590Net Income 2019: $37,1162019Revenue 2020: $379,500Expenses 2020: $482,052Net Income 2020: -$102,5522020Revenue 2021: $394,092Expenses 2021: $486,811Net Income 2021: -$92,7192021Revenue 2022: $420,017Expenses 2022: $422,525Net Income 2022: -$2,5082022Revenue 2023: $504,013Expenses 2023: $426,765Net Income 2023: $77,2482023Revenue 2024: $312,822Expenses 2024: $409,188Net Income 2024: -$96,3662024

Highlighted filing

2024

Revenue$312,822
Expenses$409,188
Net Income-$96,366

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.79$0.17$2.62$3.13$4.09$0.96
2023Detailed filing. Detailed filing data is available for this year.$3.81$0.23$3.57$5.04$4.27$0.77
2022Detailed filing. Detailed filing data is available for this year.$3.07$0.27$2.80$4.20$4.23$0.03
2021Detailed filing. Detailed filing data is available for this year.$3.03$0.21$2.82$3.94$4.87$0.93
2020Detailed filing. Detailed filing data is available for this year.$3.92$0.17$3.75$3.80$4.82$1.03
2019Detailed filing. Detailed filing data is available for this year.$4.99$0.21$4.78$5.60$5.23$0.37
2018Detailed filing. Detailed filing data is available for this year.$4.60$0.19$4.41$4.59$4.18$0.40
2017Detailed filing. Detailed filing data is available for this year.$4.25$0.25$4.00$5.01$4.12$0.89
2016Detailed filing. Detailed filing data is available for this year.$3.41$0.30$3.12$4.20$3.90$0.31
2015Detailed filing. Detailed filing data is available for this year.$3.24$0.43$2.81$5.20$4.45$0.74
2014Detailed filing. Detailed filing data is available for this year.$2.35$0.28$2.07$5.22$5.34$0.12
2013Detailed filing. Detailed filing data is available for this year.$2.50$0.31$2.19$4.44$5.72$1.28
2012Summary only. Only limited summary data is available for this year.$3.83$0.34$3.48$5.49$6.75$1.26
2011Summary only. Only limited summary data is available for this year.$5.15$0.41$4.74$6.61$5.47$1.13
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 10, 2025
Return Version
2024v5.1
Gross Receipts
$312,822
Mission and Program Overview

Mission

ECONOMIC EDUCATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$218,484$229,289▲ $10,805
Cash and Non-Interest-Bearing Accounts$157,505$43,359▼ $114,146
Accounts Receivable$807$4,522▲ $3,715
Land, Buildings, and Equipment, Net$3,838$1,721▼ $2,117
Total Assets$380,634$278,891▼ $101,743
Liabilities
Deferred Revenue$10,549$10,549→ $0
Accounts Payable and Accrued Expenses$12,945$5,954▼ $6,991
Total Liabilities$23,494$16,503▼ $6,991
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$357,140$262,388▼ $94,752
Total Net Assets Fund Balance$357,140$262,388▼ $94,752
Total Liabilities and Net Assets / Fund Balance$380,634$278,891▼ $101,743

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,721$5,257$6,978
Land$0--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jacob G HornbergerPresidentFT$66,667$13,180$79,847

Board Members and Trustees

NameTitle
Dan GrossmanBoard Member
Hall McadamsBoard Member
Leroy a Lloyd DdsBoard Member
Sally Von BehrenBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$279,981
Program Service Revenue
$20,803
Investment Income
$12,038
Other Revenue
$0
All Other Contributions
$279,981
Change in Net Assets
$-96,366
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$253,584
Other Expenses$155,604
Total Fundraising Expense$31,479
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$79,414$15,527$21,833$116,774
Current Officers, Directors, Trustees, and Key Employees$79,847$0$0$79,847
Fees for Services Other$46,977$0$0$46,977
Other Employee Benefits$38,016$0$0$38,016
Insurance$16,761$0$0$16,761
Information Technology$15,457$0$0$15,457
Payroll Taxes$11,105$1,110$1,666$13,881
Occupancy$6,999$0$0$6,999
All Other Expenses$4,937$1,850$0$6,787
Conferences and Meetings$6,707$0$0$6,707
Fees for Services Accounting$0$6,191$0$6,191
Pension Plan Contributions$4,054$444$568$5,066
Travel$4,253$0$0$4,253
Other Expenses$1,308$9$438$1,755
Depreciation Depletion$1,045$123$61$1,229
Office Expenses$0$539$0$539
Advertising$2$0$0$2
Total Functional Expenses$351,916$25,793$31,479$409,188
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
The Future of Freedom Foundation
EIN
74-2543375
Phone
7039346101
Address
11350 RANDOM HILLS ROAD, FAIRFAX, VA 22030-6044

Signing Officer

Name
Jacob Hornberger
Title
President
Phone
7039346101
Signed
2025-06-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jacob Hornberger
Formed
1989
Legal Domicile
Va
Voting Board Members
4
Independent Board Members
4
Employees
3
Volunteers
4

Preparer

Firm
Hendershot Burkhardt Tax Services Inc
Address
7525 Presidential Lane, Manassas, VA 20109
Preparer
David C Burkhardt CPA
Phone
7033611592
Supplemental Narrative

Additional Explanations

Pt VI, Line 19

A copy of the organizations federal 990 is made available to the public upon written request.

Pt VI, Line 8A

The organization does not contemporaneously document meetings held by the governing body.

Pt VI, Line 8B

The organization does not contemporaneously document actions undertaken by each committee with authority.

Pt VI, Line 11B

A draft copy of the 990 is provided to the operations manager. After the 990 is reviewed and approved by the operations manager and president, the 990 is signed by the president and filed with the internal revenue service.

Form 990, Part IX, Line 11G

Non-employee labor 46977. 46977. 0. 0.

Raw XML AppendixShowing 400 of 423 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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IRS990/ProgramServiceRevenueGrp/Desc1SUBSCRIPTIONS
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011644
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt19159
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0469213
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt010068
IRS990/PYOtherExpensesAmt0173744
IRS990/PYProgramServiceRevenueAmt024732
IRS990/PYRevenuesLessExpensesAmt077248
IRS990/PYSalariesCompEmpBnftPaidAmt0253021
IRS990/PYTotalExpensesAmt0426765
IRS990/PYTotalRevenueAmt0504013
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IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-96366
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt020803
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0218484
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0229289
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0300784
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0469213
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0386803
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0363320
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0363703
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01883823
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt012038
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt010068
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03286
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt079
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0838
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt026309
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.85490
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.71340
IRS990ScheduleA/PublicSupportTotal170Amt01632958
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt0250865
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0300784
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0469213
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0386803
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0363320
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0363703
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01883823
IRS990ScheduleA/TotalSupportAmt01910132
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
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt01721
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05257
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06978
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01721
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE ORGANIZATIONS FEDERAL 990 IS MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DOES NOT CONTEMPORANEOUSLY DOCUMENT MEETINGS HELD BY THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DOES NOT CONTEMPORANEOUSLY DOCUMENT ACTIONS UNDERTAKEN BY EACH COMMITTEE WITH AUTHORITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A DRAFT COPY OF THE 990 IS PROVIDED TO THE OPERATIONS MANAGER. AFTER THE 990 IS REVIEWED AND APPROVED BY THE OPERATIONS MANAGER AND PRESIDENT, THE 990 IS SIGNED BY THE PRESIDENT AND FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NON-EMPLOYEE LABOR 46977. 46977. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 11g
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0VA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0380634
IRS990/TotalAssetsEOYAmt0278891
IRS990/TotalAssetsGrp/BOYAmt0380634
IRS990/TotalAssetsGrp/EOYAmt0278891
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IRS990/TotalContributionsAmt0279981
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt031479
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt025793
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0351916
IRS990/TotalFunctionalExpensesGrp/TotalAmt0409188
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt023494
IRS990/TotalLiabilitiesEOYAmt016503
IRS990/TotalLiabilitiesGrp/BOYAmt023494
IRS990/TotalLiabilitiesGrp/EOYAmt016503
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0357140
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0262388
IRS990/TotalOtherCompensationAmt013180
IRS990/TotalProgramServiceExpensesAmt0351916
IRS990/TotalProgramServiceRevenueAmt020803
IRS990/TotalReportableCompFromOrgAmt066667
IRS990/TotalRevenueGrp/ExclusionAmt012038
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt020803
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0312822
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0380634
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0278891
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt04253
IRS990/TravelGrp/TotalAmt04253
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt043176 CTR POST TERRACE
IRS990/USAddress/CityNm0ASHBURN
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd020148
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0www.fff.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JACOB HORNBERGER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07039346101
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-06-10

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