Financial Freedom Network Inc

990EZ • Fiscal year 2011 • EIN 77-0700326

Jan 01, 2011 to Dec 31, 2011 • Filed on Nov 13, 2012

Organization Profile

C/O Thane Martin 1528 Walnut St Sui19102

Siviq Scores

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

0.97x

Higher debt load relative to assets than 93% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Source year 2011

0.67x

Higher debt load relative to revenue than 93% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Source year 2011

-6.5%

Higher net margin than 30% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Source year 2011

No value available

This filing does not contain officer compensation rows.

Source year 2011

-61%

Faster asset growth than 7% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Annualized from 2010 to 2011

83%

Faster revenue growth than 90% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Annualized from 2010 to 2011

Balance Sheet

Liabilities / Assets93rd percentile

Assets

Down

$48,621

Down $77,461 (-61%) from 2010

Net Assets

Down

$1,458

Down $69,561 (-98%) from 2010

Liabilities

Down

$47,163

Down $7,900 (-14%) from 2010

Revenue And Expenses

Liabilities / Revenue93rd percentile Net Margin30th percentile

Revenue

$70,187

Up $31,923 (+83%) from 2010

Expenses

$74,748

Up $29,479 (+65%) from 2010

Net Income

-$4,561

Up $2,444 (+35%) from 2010

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

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

Highlighted filing

2011

Assets$48,621

Liabilities$47,163

Net Assets$1,458

Open 2011 Filing

Operations Trend

Revenue Growth90th percentile

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

Highlighted filing

2011

Revenue$70,187

Expenses$74,748

Net Income-$4,561

Open 2011 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2011 to Dec 31, 2011
Signed: Nov 13, 2012
Return Version: 2011v1.2

Filing and Contact Details

Filer

EIN: 77-0700326

Raw XML Appendix185 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/OfficerDirectorTrusteeKeyEmpl/AddressUS/State	3	PA
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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode	6	19102
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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	5	000.50
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	6	000.50
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	0	11212
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	1	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	2	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	3	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	4	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	5	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	6	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	0	THANE MARTIN CPA
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	1	RICHARD HARRIS ESQ
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	2	PHYLLIS HEYER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	3	ANTWAN ANDERSON
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	4	ROBERT DENNIS
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	5	DWAYNE LASSITER ESQ
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	6	BYRON DRAYTON CPA
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	0	EXEC DIR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	1	VICE CHAIR/ TREASURER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	2	SECRETARY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	3	CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	4	BOARD MEMEBR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	5	BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	6	BOARD MEMBER
IRS990EZ/OperatingSchool	0	false
IRS990EZ/Organization501c3	0	X
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IRS990EZ/OtherAssetsTotal/BOY	0	86500
IRS990EZ/OtherAssetsTotal/EOY	0	11500
IRS990EZ/OtherChangesInNetAssets	0	-65000
IRS990EZ/OtherExpensesTotal	0	10948
IRS990EZ/PartVIAHghstPaidCntrctProfSer	0	NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl	0	NONE
IRS990EZ/PrimaryExemptPurpose	0	PROVIDE FISCAL ADVICE TO LOW TO MOD INDIVIDUALS
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom	0	PROVIDED LIVE AND RADIO SEMINARS ON FINANCIAL ISSUES ALSO PROVIDED FISCAL ONE ON ONE AND GROUP ADVICE TO LOW TO MODERATE INCOME INDIVIDUALS, INCLUDING TAX, SAVINGS AND BUDET ADVICE
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses	0	74748
IRS990EZ/ProgramServiceRevenue	0	70187
IRS990EZ/ProhibitedTaxShelterTrans	0	false
IRS990EZ/RelatedOrgControlledEntity	0	false
IRS990EZ/SalariesOtherCompEmplBenefits	0	50300
IRS990EZ/StatesWhereCopyOfReturnIsFiled	0	PA
IRS990EZ/SubjectToProxyTax	0	false
IRS990EZ/SumOfTotalLiabilities/BOY	0	55063
IRS990EZ/SumOfTotalLiabilities/EOY	0	47163
IRS990EZ/TanningServicesProvided	0	false
IRS990EZ/TaxImposedUnderIRC4911	0	0
IRS990EZ/TaxImposedUnderIRC4912	0	0
IRS990EZ/TaxImposedUnderIRC4955	0	0
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine1	0	1528 WALNUT STREET
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IRS990EZ/TheBooksAreInCareOf/AddressUS/State	0	PA
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode	0	19102
IRS990EZ/TheBooksAreInCareOf/NamePerson	0	FINANCIAL FREEDOM NETWORK
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber	0	2157329666
IRS990EZ/TotalAssets/BOY	0	126082
IRS990EZ/TotalAssets/EOY	0	48621
IRS990EZ/TotalExpenses	0	74748
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IRS990EZ/TotalRevenue	0	70187
IRS990EZ/TransactionWithControlEntity	0	false
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg	0	false
IRS990EZ/WebSite	0	N/A
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear	0	70187
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IRS990ScheduleO/GeneralExplanation/Explanation	0	Form 990-EZ, Part I, Line 16, Other Expenses Supplies 3,349 Form 990-EZ, Part I, Line 16, Other Expenses PARKING FEES AND TOLLS 2,179 Form 990-EZ, Part I, Line 16, Other Expenses TAX PREPARATION SERVICES 3,000 Form 990-EZ, Part I, Line 16, Other Expenses MISC 2,420 Form 990-EZ, Part I, Line 20, Net Assets PRIOR PERIOD ADJUSTMENT -65,000 Form 990-EZ, Part II, Line 24, Other Assets accounts receivable Beginning of year 11,500, End of year 11,500 Form 990-EZ, Part II, Line 24, Other Assets Beginning of year 75,000, End of year 0 Form 990-EZ, Part II, Line 26, Liabilities ACCOUNTS PAYABLE Beginning of year 23,800, End of year 0 Form 990-EZ, Part II, Line 26, Liabilities LOAN PAYABLE Beginning of year 31,263, End of year 47,163
ReturnHeader/BuildTS	0	2016-03-07 17:11:31Z
ReturnHeader/Filer/EIN	0	770700326
ReturnHeader/Filer/Name/BusinessNameLine1	0	FINANCIAL FREEDOM NETWORK
ReturnHeader/Filer/NameControl	0	FINA
ReturnHeader/Filer/Phone	0	2157321146
ReturnHeader/Filer/USAddress/AddressLine1	0	C/O THANE MARTIN 1528 WALNUT ST SUI
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ReturnHeader/Officer/AuthorizeThirdParty	0	false
ReturnHeader/Officer/DateSigned	0	2012-11-13
ReturnHeader/Officer/Name	0	THANE MARTIN
ReturnHeader/Officer/Title	0	CEO
ReturnHeader/Preparer/DatePrepared	0	2012-11-13
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ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State	0	PA
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ReturnHeader/Preparer/Name	0	THANE MARTIN
ReturnHeader/Preparer/Phone	0	2157321146
ReturnHeader/Preparer/SelfEmployed	0	X
ReturnHeader/ReturnType	0	990EZ
ReturnHeader/TaxPeriodBeginDate	0	2011-01-01
ReturnHeader/TaxPeriodEndDate	0	2011-12-31
ReturnHeader/TaxYear	0	2011
ReturnHeader/Timestamp	0	2012-11-13T11:22:48-00:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2011 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing

Assets: $48,621
Liabilities: $47,163
Net assets: $1,458
Revenue: $70,187
Expenses: $74,748
Net income: -$4,561

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2015Summary only. Only limited summary data is available for this year.	$0.00	$0.00		$0.00	$0.00	$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.49	$0.47	$0.01	$0.70	$0.75	$0.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.26	$0.55	$0.71	$0.38	$0.45	$0.07